CHE ranks #1096 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
CHE is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.2% of that fund's own 13F portfolio.
CHE is a top-conviction position for Barington Companies Management, LLC — at 19.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in CHE belongs to BlackRock, Inc., but the position matters far more to Barington Companies Management, LLC, who has 19.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Cliff Asness has added to its CHE position for two straight quarters, increasing it by $306.9M to reach $446.2M today.
Kayne Anderson Rudnick Investment Management LLC has trimmed its CHE position for two straight quarters, cutting it by $198.8M while still holding $33.5K.
CHE is up 1.7% today, and institutions have been net buyers of $2.6B this quarter — today's price move and the underlying institutional flow are pointing the same direction.