Camber Capital Management LP's Q1 2023 13F: 7 new positions, 5 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 40 reported positions · accession 0001654954-23-006453
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | BAXTER INTL INC (BAX) | — | 4.2% | +4.2 pts | +3M sh | new |
| Reduced | ALIGN TECHNOLOGY INC (ALGN) | 2.8% | 0.6% | −2.2 pts | −325K sh | −87% |
| Reduced | SANOFI (SNY) | 11.9% | 10.2% | −1.6 pts | −1.5M sh | −21% |
| Reduced | SAREPTA THERAPEUTICS INC (SRPT) | 5.7% | 3.5% | −2.1 pts | −500K sh | −40% |
| Exited | SEAGEN INC (SGEN) | 2.2% | — | −2.2 pts | −500K sh | −100% |
| Increased | WALGREENS BOOTS ALLIANCE INC (WBA) | 6.5% | 7.7% | +1.1 pts | +1.5M sh | +30% |
| Exited | QIAGEN NV (QGEN) | 1.3% | — | −1.3 pts | −750K sh | −100% |
| Reduced | TEVA PHARMACEUTICAL INDS LTD (TEVA) | 2.2% | 0.9% | −1.3 pts | −4M sh | −57% |
| New | CONMED CORP (CNMD) | — | 1.2% | +1.2 pts | +325K sh | new |
| Increased | GSK PLC (GSK) | 4.6% | 5.6% | +1.0 pts | +850K sh | +23% |
| Increased | UNIVERSAL HLTH SVCS INC (UHS) | 8.4% | 8.3% | 0.0 pts | +225K sh | +13% |
| Exited | SAGE THERAPEUTICS INC (SAGE) | 0.9% | — | −0.9 pts | −700K sh | −100% |
| New | CENTENE CORP DEL (CNC) | — | 0.9% | +0.9 pts | +400K sh | new |
| Increased | VIATRIS INC (VTRS) | 7.8% | 7.4% | −0.4 pts | +2.5M sh | +13% |
| Exited | CARDIOVASCULAR SYS INC DEL (CSII) | 0.6% | — | −0.6 pts | −1.3M sh | −100% |
| New | GLOBUS MED INC (GMED) | — | 0.6% | +0.6 pts | +305K sh | new |
| Reduced | PELOTON INTERACTIVE INC (PTON) | 0.6% | 0.3% | −0.3 pts | −1.25M sh | −63% |
| New | HERBALIFE NUTRITION LTD (HLF) | — | 0.5% | +0.5 pts | +825K sh | new |
| Reduced | PTC THERAPEUTICS INC (PTCT) | 3.7% | 4.1% | +0.5 pts | −250K sh | −9% |
| Reduced | TENET HEALTHCARE CORP (THC) | 6.8% | 7.8% | +1.0 pts | −150K sh | −4% |
| New | CUREVAC N V (CVAC) | — | 0.3% | +0.3 pts | +1.25M sh | new |
| Increased | INOGEN INC (INGN) | 0.2% | 0.4% | +0.2 pts | +670K sh | +220% |
| New | THE BEAUTY HEALTH COMPANY (SKIN) | — | 0.2% | +0.2 pts | +500K sh | new |
| Exited | ENANTA PHARMACEUTICALS INC (ENTA) | 0.2% | — | −0.2 pts | −110K sh | −100% |
| Increased | ZIMVIE INC (ZIMV) | 0.8% | 0.8% | 0.0 pts | +650K sh | +25% |
| Increased | REPLIMUNE GROUP INC (REPL) | 1.0% | 0.8% | −0.2 pts | +250K sh | +25% |
| Increased | NUVASIVE INC (NUVA) | 0.7% | 0.8% | +0.1 pts | +100K sh | +20% |
| Increased | EXELIXIS INC (EXEL) | 0.8% | 1.0% | +0.3 pts | +200K sh | +15% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 66.4% of the equity book
Changes in the top 10 this quarter: MYGN entered · BAX entered · SRPT left · PTCT left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SANOFI (SNY) | 11.9% | 10.2% | |
| 2 | UNIVERSAL HLTH SVCS INC (UHS) | 8.4% | 8.3% | |
| 3 | TENET HEALTHCARE CORP (THC) | 6.8% | 7.8% | |
| 4 | WALGREENS BOOTS ALLIANCE INC (WBA) | 6.5% | 7.7% | |
| 5 | VIATRIS INC (VTRS) | 7.8% | 7.4% | |
| 6 | GSK PLC (GSK) | 4.6% | 5.6% | |
| 7 | MYRIAD GENETICS INC (MYGN) | 3.6% | 5.5% | Entered the top 10 |
| 8 | ZIMMER BIOMET HOLDINGS INC (ZBH) | 5.6% | 5.5% | |
| 9 | SELECT MED HLDGS CORP (SEM) | 4.2% | 4.2% | |
| 10 | BAXTER INTL INC (BAX) | 0.0% | 4.2% | Entered the top 10 |
| — | SAREPTA THERAPEUTICS INC (SRPT) | 5.7% | 3.5% | Left the top 10 |
| — | PTC THERAPEUTICS INC (PTCT) | 3.7% | 4.1% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | INVESCO QQQ TR (QQQ) | Put | 0 | 1M | $321M |
| Exited | VIATRIS INC (VTRS) | Call | 5M | 0 | $0 |