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 ($148.6k this quarter). Holder counts are more reliable. Shares outstanding: 140.1m as of 2025-07-18, 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 ≈ $3.40. Options: 10 managers hold calls ($4.5m notional), 12 hold puts ($13.0m).
Trends to Q2 2025
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 |
| Q3 2024 | 191 |
| Q4 2024 | 188 |
| Q1 2025 | 171 |
| Q2 2025 | 177 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 71 | 108 |
| Q4 2023 | 102 | 93 |
| Q1 2024 | 82 | 89 |
| Q2 2024 | 95 | 75 |
| Q3 2024 | 83 | 87 |
| Q4 2024 | 77 | 89 |
| Q1 2025 | 72 | 94 |
| Q2 2025 | 90 | 69 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $24.1m | $24.4m | 1.01 |
| Q4 2024 | $21.3m | $8.3m | 0.39 |
| Q1 2025 | $9.9m | $4.9m | 0.49 |
| Q2 2025 | $4.5m | $13.0m | 2.88 |
Biggest buyers
| SUSQUEHANNA ADVISORS GROUP, INC. | Added | +1.7m |
| ExodusPoint Capital Management, LP | Added | +1.5m |
| NOMURA HOLDINGS INC | Added | +1.5m |
| JANUS HENDERSON GROUP PLC | New | +1.2m |
| BANK OF AMERICA CORP /DE/ | Added | +991.0k |
| MORGAN STANLEY | Added | +961.1k |
| CastleKnight Management LP | Added | +711.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +654.2k |
| Saba Capital Management, L.P. | New | +509.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +456.3k |
Biggest sellers
| Penn Capital Management Company, LLC | Sold out | -2.6m |
| Eversept Partners, LP | Reduced | -2.3m |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -1.7m |
| Assenagon Asset Management S.A. | Reduced | -1.5m |
| VANGUARD GROUP INC | Reduced | -1.1m |
| FEDERATED HERMES, INC. | Reduced | -663.5k |
| JPMORGAN CHASE & CO | Reduced | -590.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -433.5k |
| ROYCE & ASSOCIATES LP | Reduced | -395.5k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Sold out | -378.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m363.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.0m300.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $680.0k200.0k shares |
| CITADEL ADVISORS LLC | Added | $348.5k102.5k shares |
| Point72 Asset Management, L.P. | New | $340.0k100.0k shares |
| GROUP ONE TRADING LLC | Reduced | $308.4k90.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $278.0k81.9k shares |
| Walleye Trading LLC | Added | $154.7k45.5k shares |
| WOLVERINE TRADING, LLC | Added | $129.8k38.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Added | $3.2m933.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m834.2k shares |
| Caption Management, LLC | Unchanged | $1.9m550.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m529.6k shares |
| GROUP ONE TRADING LLC | Added | $1.3m382.5k shares |
| WOLVERINE TRADING, LLC | Added | $643.1k189.7k shares |
| CITADEL ADVISORS LLC | Added | $574.3k168.9k shares |
| IMC-Chicago, LLC | New | $424.3k124.8k shares |
| JPMORGAN CHASE & CO | Added | $172.0k50.6k shares |
| JANE STREET GROUP, LLC | New | $116.3k34.2k 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 2025
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 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $2.1m | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $84.3k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| CastleKnight Management LP 2.28% of their portfolio | 10.2m $34.6m | Added +711.2k |
| BlackRock, Inc. 0.00% of their portfolio | 10.0m $34.2m | Reduced -57.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.5m $28.9m | Reduced -1.1m |
| Apollo Management Holdings, L.P. 0.41% of their portfolio | 7.6m $25.9m | Unchanged |
| NOMURA HOLDINGS INC 0.20% of their portfolio | 7.3m $24.7m | Added +1.5m |
| Eversept Partners, LP 2.11% of their portfolio | 6.1m $20.9m | Reduced -2.3m |
| MORGAN STANLEY 0.00% of their portfolio | 3.7m $12.6m | Added +961.1k |
| DG Capital Management, LLC 5.54% of their portfolio | 3.5m $11.7m | Added +78.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 3.4m $11.4m | Reduced -174.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.9m $10.0m | Added +54.2k |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $9.9m | Added +3.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 2.5m $8.4m | Reduced -258.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.4m $8.1m | Added +79.8k |
| WHITEBOX ADVISORS LLC 0.20% of their portfolio | 2.1m $7.3m | Reduced -200.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 2.1m $7.2m | Added +284.0k |
| SUSQUEHANNA ADVISORS GROUP, INC. 0.27% of their portfolio | 2.0m $6.8m | Added +1.7m |
| Helix Partners Management LP 3.54% of their portfolio | 2.0m $6.7m | Added +330.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.9m $6.4m | Added +991.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.9m $6.4m | Added +456.3k |
| Owl Creek Asset Management, L.P. 0.84% of their portfolio | 1.9m $6.3m | Added +388.8k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 1.8m $6.1m | Added +1.5m |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 1.7m $5.8m | Reduced -134.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 1.7m $5.8m | Reduced -118.3k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.14% of their portfolio | 1.5m $5.1m | Added +250.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 1.3m $4.5m | Added +654.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $4.4m | Reduced -79.0k |
| Silver Rock Financial LP 5.02% of their portfolio | 1.2m $4.1m | Reduced -300.0k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 1.2m $4.0m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $3.8m | Reduced -433.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 969.5k $3.3m | Added +448.5k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 880.3k $3.0m | Reduced -1.5m |
| ROYCE & ASSOCIATES LP 0.03% of their portfolio | 870.4k $3.0m | Reduced -395.5k |
| Hood River Capital Management LLC 0.04% of their portfolio | 764.9k $2.6m | Added +3.0k |
| Invesco Ltd. 0.00% of their portfolio | 743.9k $2.5m | Reduced -168.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 698.1k $2.4m | Reduced -590.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 660.2k $2.2m | Added +321.8k |
| UBS Group AG 0.00% of their portfolio | 650.3k $2.2m | Added +424.5k |
| Aberdeen Group plc 0.00% of their portfolio | 592.7k $2.0m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 590.3k $2.0m | Added +332.0k |
| Jump Financial, LLC 0.02% of their portfolio | 535.0k $1.8m | Added +177.3k |
| Saba Capital Management, L.P. 0.05% of their portfolio | 509.0k $1.7m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 476.3k $1.6m | Added +435.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 450.4k $1.5m | Added +368.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 409.8k $1.4m | Added +29.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 405.4k $1.4m | Added +264.7k |
| Verition Fund Management LLC 0.01% of their portfolio | 383.3k $1.3m | Added +78.6k |
| NORGES BANK 0.00% of their portfolio | 354.1k $1.2m | Unchanged |
| READYSTATE ASSET MANAGEMENT LP 0.05% of their portfolio | 328.5k $1.1m | Added +57.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 270.0k $917.9k | Reduced -128.8k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 267.2k $908.6k | New |
| BARCLAYS PLC 0.00% of their portfolio | 265.3k $902.0k | Reduced -366.3k |
| Prescott Group Capital Management, L.L.C. 0.09% of their portfolio | 231.2k $786.0k | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 223.8k $761.0k | Reduced -663.5k |
| Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio | 217.9k $741.0k | New |
| Pathstone Holdings, LLC 0.00% of their portfolio | 217.6k $739.7k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 215.8k $733.6k | Added +375 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 206.5k $702.1k | Added +7.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 170.4k $579.3k | Added +149.2k |
| Nuveen, LLC 0.00% of their portfolio | 160.4k $545.3k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 154.2k $524.2k | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 140.0k $475.0k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 139.9k $475.7k | Reduced -19.6k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 135.1k $459.2k | Reduced -50.0k |
| Walleye Trading LLC 0.01% of their portfolio | 122.7k $417.1k | Added +71.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 120.4k $409.4k | Added +5.4k |
| Lombard Odier Asset Management (USA) Corp 0.10% of their portfolio | 118.0k $401.2k | Reduced -16.0k |
| Caption Management, LLC 0.04% of their portfolio | 115.8k $393.7k | Unchanged |
| JONES ROAD CAPITAL MANAGEMENT, L.P. 0.38% of their portfolio | 115.4k $392.4k | Reduced -170.6k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 113.3k $385.0k | Added +6.7k |
| State of Wyoming 0.05% of their portfolio | 111.9k $380.5k | Added +2.0k |
| EQUITABLE TRUST CO 0.02% of their portfolio | 100.0k $340.0k | Unchanged |
| Turtle Creek Wealth Advisors, LLC 0.04% of their portfolio | 100.0k $340.0k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 99.6k $339.0k | Added +73.1k |
| Parkwoods Wealth Partners, LLC 0.19% of their portfolio | 98.9k $336.3k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 98.7k $336.0k | Reduced -17.6k |
| Creative Planning 0.00% of their portfolio | 98.6k $335.2k | Added +12.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 94.5k $321.4k | New |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 91.9k $312.4k | Reduced -205.9k |
| CITIGROUP INC 0.00% of their portfolio | 85.8k $291.8k | Reduced -9.0k |
| IMC-Chicago, LLC 0.01% of their portfolio | 82.0k $278.9k | New |
| STRS OHIO 0.00% of their portfolio | 81.9k $278.5k | Reduced -25.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 79.8k $271.5k | Added +3.7k |
| Squarepoint Ops LLC 0.00% of their portfolio | 78.7k $267.6k | Reduced -339.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 76.2k $259.1k | Added +8.1k |
| NorthCrest Asset Manangement, LLC 0.01% of their portfolio | 72.7k $247.8k | Added +1.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 71.8k $244.1k | Reduced -3.2k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 63.4k $215.6k | Added +37.1k |
| ARISTEIA CAPITAL, L.L.C. 0.01% of their portfolio | 60.5k $205.7k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 59.5k $202.4k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 55.8k $189.7k | Reduced -29.5k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.00% of their portfolio | 55.7k $189.4k | Added +44.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 55.1k $187.4k | Reduced -21.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 51.7k $175.7k | Added +1.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 48.3k $164.3k | Added +3.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 40.9k $139.1k | Unchanged |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 40.0k $136.0k | Unchanged |
| Headlands Technologies LLC 0.02% of their portfolio | 37.7k $128.1k | New |
| Quadrature Capital Ltd 0.00% of their portfolio | 36.0k $122.5k | Reduced -40.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 35.8k $121.7k | Reduced -33.9k |
| Nebula Research & Development LLC 0.01% of their portfolio | 34.1k $116.0k | New |