COMMUNITY HEALTH SYS INC NEW CYH
COM · Common Stock · CUSIP 203668108 · ISIN US2036681086
The largest provider of general hospital healthcare services in the United States
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 138.9m as of 2024-07-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.36. Options: 14 managers hold calls ($8.1m notional), 11 hold puts ($13.1m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 195 |
| Q4 2022 | 203 |
| Q1 2023 | 203 |
| Q2 2023 | 201 |
| Q3 2023 | 188 |
| Q4 2023 | 193 |
| Q1 2024 | 187 |
| Q2 2024 | 190 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 91 | 94 |
| Q1 2023 | 80 | 103 |
| Q2 2023 | 77 | 99 |
| Q3 2023 | 71 | 108 |
| Q4 2023 | 102 | 93 |
| Q1 2024 | 82 | 89 |
| Q2 2024 | 95 | 75 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $4.5m | $2.2m | 0.49 |
| Q4 2023 | $9.3m | $3.2m | 0.35 |
| Q1 2024 | $8.7m | $3.3m | 0.38 |
| Q2 2024 | $8.1m | $13.1m | 1.61 |
Biggest buyers
| Apollo Management Holdings, L.P. | Added | +2.3m |
| GOLDMAN SACHS GROUP INC | Added | +1.9m |
| Assenagon Asset Management S.A. | New | +1.5m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +1.5m |
| BANK OF MONTREAL /CAN/ | New | +1.1m |
| JPMORGAN CHASE & CO | Added | +1.0m |
| VANGUARD GROUP INC | Added | +959.0k |
| WHITEBOX ADVISORS LLC | Added | +913.5k |
| CITADEL ADVISORS LLC | Added | +828.7k |
| TWO SIGMA ADVISERS, LP | Added | +407.7k |
Biggest sellers
| MORGAN STANLEY | Reduced | -5.3m |
| Point72 Asset Management, L.P. | Sold out | -3.2m |
| First Eagle Investment Management, LLC | Sold out | -1.7m |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Sold out | -1.2m |
| DEUTSCHE BANK AG\ | Reduced | -1.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -652.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -618.6k |
| CastleKnight Management LP | Reduced | -605.7k |
| PANAGORA ASSET MANAGEMENT INC | Sold out | -524.8k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -420.8k |
Biggest calls
| CastleKnight Management LP | Reduced | $3.2m954.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m323.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $840.0k250.0k shares |
| GROUP ONE TRADING LLC | Added | $684.4k203.7k shares |
| Nierenberg Investment Management Company, LLC | Added | $672.0k200.0k shares |
| Caption Management, LLC | New | $403.2k120.0k shares |
| IMC-Chicago, LLC | New | $330.3k98.3k shares |
| CITADEL ADVISORS LLC | Added | $328.3k97.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $253.0k75.3k shares |
| Walleye Trading LLC | Reduced | $120.0k35.7k shares |
Biggest puts
| JPMORGAN CHASE & CO | New | $3.0m878.8k shares |
| GROUP ONE TRADING LLC | Added | $2.0m604.5k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $2.0m586.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m531.2k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m520.2k shares |
| GTS SECURITIES LLC | New | $1.2m359.1k shares |
| CITADEL ADVISORS LLC | Added | $696.5k207.3k shares |
| Walleye Trading LLC | Added | $359.5k107.0k shares |
| IMC-Chicago, LLC | New | $292.0k86.9k shares |
| WOLVERINE TRADING, LLC | New | $75.9k22.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CastleKnight Master Fund LP 13G · passive investor +2.0 pts · filed 2026-05-15 | 9.0% |
| Apollo Management Holdings GP, LLC 13G · passive investor +0.2 pts · filed 2026-08-10 | 8.4% |
| Eversept Partners, LP 13G · institution +1.3 pts · filed 2026-02-17 | 5.7% |
| He Zhengxu 13G · institution new · filed 2026-05-14 | 5.3% |
| NOMURA HOLDINGS INC 13G · institution new · filed 2025-08-14 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $3.0m | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $2.1m | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 9.4m $31.5m | Added +47.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 9.1m $30.5m | Added +959.0k |
| CastleKnight Management LP 3.74% of their portfolio | 8.3m $27.9m | Reduced -605.7k |
| Eversept Partners, LP 2.07% of their portfolio | 8.0m $27.0m | Added +56.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 3.8m $12.6m | Added +828.7k |
| Apollo Management Holdings, L.P. 0.22% of their portfolio | 3.7m $12.6m | Added +2.3m |
| STATE STREET CORP 0.00% of their portfolio | 3.6m $12.1m | Reduced -26.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 3.5m $11.7m | Added +38.6k |
| MORGAN STANLEY 0.00% of their portfolio | 3.1m $10.5m | Reduced -5.3m |
| WHITEBOX ADVISORS LLC 0.41% of their portfolio | 3.0m $10.2m | Added +913.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.8m $9.4m | Added +93.4k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 2.7m $9.1m | Added +407.7k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 2.5m $8.6m | Added +339.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.5m $8.5m | Added +1.9m |
| DG Capital Management, LLC 5.32% of their portfolio | 2.2m $7.5m | Added +358.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 2.1m $7.0m | Reduced -652.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.8m $6.1m | Reduced -226.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.7m $5.9m | Added +43.1k |
| Silver Rock Financial LP 22.74% of their portfolio | 1.7m $5.7m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $5.5m | Added +1.0m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.6m $5.3m | Added +1.5m |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 1.5m $5.1m | New |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $4.5m | Reduced -48.3k |
| ROYCE & ASSOCIATES LP 0.04% of their portfolio | 1.3m $4.4m | Added +19.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $4.3m | Reduced -34.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 1.1m $3.8m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 1.1m $3.7m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 942.3k $3.2m | Added +318.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 925.8k $3.1m | Reduced -420.8k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 759.6k $2.6m | Reduced -118.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 717.5k $2.4m | Added +62.2k |
| Owl Creek Asset Management, L.P. 0.42% of their portfolio | 690.2k $2.3m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 687.8k $2.3m | Added +20.1k |
| Columbus Hill Capital Management, L.P. 0.45% of their portfolio | 659.2k $2.2m | Reduced -163.3k |
| NORGES BANK 0.00% of their portfolio | 635.2k $2.1m | Reduced -271.9k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.06% of their portfolio | 600.0k $2.0m | Added +350.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 564.5k $1.9m | Reduced -1.0m |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 537.1k $1.8m | Added +283.5k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 486.0k $1.6m | Added +7.9k |
| Verition Fund Management LLC 0.01% of their portfolio | 465.6k $1.6m | Added +210.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 431.3k $1.4m | Reduced -46.0k |
| GSA CAPITAL PARTNERS LLP 0.10% of their portfolio | 419.1k $1.4m | Added +167.2k |
| WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio | 398.2k $1.3m | Added +3.9k |
| Saba Capital Management, L.P. 0.03% of their portfolio | 397.5k $1.3m | Reduced -330.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio | 367.6k $1.2m | Added +44.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 345.8k $1.2m | Added +1.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 330.0k $1.1m | Added +156.4k |
| UBS Group AG 0.00% of their portfolio | 316.5k $1.1m | Added +137.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 259.3k $871.0k | New |
| Swiss National Bank 0.00% of their portfolio | 256.1k $860.6k | Unchanged |
| Hood River Capital Management LLC 0.02% of their portfolio | 234.8k $788.9k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 230.7k $775.0k | Reduced -351.6k |
| HRT FINANCIAL LP 0.00% of their portfolio | 215.9k $725.0k | Reduced -148.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 212.9k $715.0k | Added +168.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 203.2k $682.8k | Reduced -9.8k |
| LPL Financial LLC 0.00% of their portfolio | 192.3k $646.0k | Reduced -41.0k |
| Prescott Group Capital Management, L.L.C. 0.10% of their portfolio | 183.0k $615.0k | Unchanged |
| Pathstone Holdings, LLC 0.00% of their portfolio | 181.0k $608.2k | Unchanged |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 176.5k $593.1k | Added +1.9k |
| Nierenberg Investment Management Company, LLC 0.35% of their portfolio | 175.6k $589.9k | New |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 174.9k $587.8k | Reduced -358.6k |
| STRS OHIO 0.00% of their portfolio | 171.7k $576.9k | Added +17.5k |
| JONES ROAD CAPITAL MANAGEMENT, L.P. 0.39% of their portfolio | 161.2k $541.7k | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 160.4k $538.9k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 159.6k $536.2k | Reduced -322.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 159.5k $536.0k | Reduced -3.8k |
| EQUITABLE TRUST CO 0.03% of their portfolio | 150.0k $504.0k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 149.7k $503.1k | Reduced -2.0k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 143.6k $483.0k | Reduced -60.2k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 138.7k $466.0k | Reduced -41.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 135.8k $456.2k | Reduced -2.0k |
| CITIGROUP INC 0.00% of their portfolio | 135.4k $454.9k | Added +109.3k |
| Centiva Capital, LP 0.02% of their portfolio | 125.2k $420.7k | New |
| Lombard Odier Asset Management (USA) Corp 0.16% of their portfolio | 124.0k $416.6k | Added +10.0k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 113.6k $381.8k | Added +81.2k |
| Legal & General Group Plc 0.00% of their portfolio | 112.7k $378.9k | Added +1.7k |
| GTS SECURITIES LLC 0.01% of their portfolio | 107.3k $360.6k | New |
| Walleye Capital LLC 0.00% of their portfolio | 107.0k $359.6k | Added +12.9k |
| Quadrature Capital Ltd 0.01% of their portfolio | 105.4k $354.2k | Reduced -362 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 102.1k $341.2k | Reduced -13.5k |
| Turtle Creek Wealth Advisors, LLC 0.08% of their portfolio | 100.0k $336.0k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 99.2k $334.0k | Added +3.2k |
| Aberdeen Group plc 0.00% of their portfolio | 88.3k $296.8k | Unchanged |
| Graham Capital Management, L.P. 0.01% of their portfolio | 87.4k $293.6k | Added +56.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 84.5k $284.1k | Added +9.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 83.3k $279.8k | Reduced -10.3k |
| Virtu Financial LLC 0.02% of their portfolio | 73.9k $248.0k | New |
| XTX Topco Ltd 0.02% of their portfolio | 72.9k $244.9k | Added +10.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 72.5k $243.7k | Added +6.2k |
| NorthCrest Asset Manangement, LLC 0.01% of their portfolio | 72.2k $242.6k | Added +16 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 71.4k $239.8k | Added +69.2k |
| Engineers Gate Manager LP 0.01% of their portfolio | 71.0k $238.4k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 70.8k $237.9k | Added +27.5k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 67.5k $226.9k | First filing |
| EntryPoint Capital, LLC 0.10% of their portfolio | 66.8k $224.4k | Added +57.7k |
| PHILLIPS FINANCIAL MANAGEMENT, LLC 0.02% of their portfolio | 66.6k $223.8k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 63.5k $213.2k | First filing |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 62.4k $210.0k | Reduced -48.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 60.8k $204.3k | Reduced -35.9k |
| State of Wyoming 0.03% of their portfolio | 59.0k $198.4k | Reduced -18.4k |