CVS Health Corporation (CVS) Institutional Ownership
Q1 2026 13F Data|Updated 2026-06-13
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Institutional ownership increased this quarter (+21.46 pp), though top 10 holders maintain a highly concentrated 67.3% of institutional value.
Institutional Ownership89.1%$115.9B total value · ▲ +21.46 pp vs prior quarter
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
Smart Money Score37 / 100Bearish
Based on ownership concentration, fund quality, buying/selling activity, conviction signals, and institutional trend.
Institutions & Flow1,827 holders-56 net flow (+195 / -251)
AI Insights & Key Takeaways
- Negative Institutional Flow (-56)
- Top 10 holders control 67.3% of institutional value
- No Insider Signal
Top Institutional Holders of CVS
Ranked by reported Q1 2026 13F market value
Top 10 Holders
67.3%
Top 25 Holders
79.5%
Share of total reported institutional value in CVS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Employees Provident Fund Board | 731K | $41.46B | — | 0.057% | 0.06% |
| 2 | BlackRock, Inc. | 125.9M | $9.04B | +4.1% | 9.869% | 0.16% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 82.7M | $5.94B | — | 6.478% | 0.15% |
| 4 | Capital World Investors | 77.2M | $5.55B | +14.2% | 6.054% | 0.76% |
| 5 | STATE STREET CORP | 59.3M | $4.26B | -1.4% | 4.649% | 0.15% |
| 6 | DODGE & COX | 51.8M | $3.72B | -17.2% | 4.058% | 2.04% |
| 7 | FMR LLC | 31.2M | $2.24B | -23.9% | 2.445% | 0.12% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 29.5M | $2.11B | +1.4% | 2.309% | 0.13% |
| 9 | VANGUARD PORTFOLIO MANAGEMENT LLC | 26.0M | $1.87B | — | 2.038% | 0.10% |
| 10 | Invesco Ltd. | 25.1M | $1.81B | +4.7% | 1.970% | 0.28% |
| 11 | WELLINGTON MANAGEMENT GROUP LLP | 22.6M | $1.62B | +21.6% | 1.769% | 0.30% |
| 12 | Capital Research Global Investors | 20.0M | $1.44B | +66.2% | 1.569% | 0.22% |
| 13 | MORGAN STANLEY | 17.8M | $1.28B | -12.5% | 1.397% | 0.08% |
| 14 | Capital International Investors | 15.4M | $1.11B | -44.2% | 1.206% | 0.26% |
| 15 | GOLDMAN SACHS GROUP INC | 14.6M | $1.05B | +44.9% | 1.142% | 0.12% |
| 16 | PZENA INVESTMENT MANAGEMENT LLC | 13.8M | $989.2M | -11.6% | 1.080% | 3.21% |
| 17 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 13.7M | $983.2M | -1.3% | 1.072% | 0.15% |
| 18 | DAVIS SELECTED ADVISERS | 12.2M | $879.1M | -4.1% | 0.959% | 4.04% |
| 19 | NORTHERN TRUST CORP | 11.6M | $836.1M | -1.6% | 0.912% | 0.11% |
| 20 | Legal & General Group Plc | 9.5M | $683.4M | +2.2% | 0.746% | 0.16% |
| 21 | BANK OF AMERICA CORP /DE/ | 9.4M | $671.7M | -0.7% | 0.733% | 0.05% |
| 22 | ROYAL BANK OF CANADA | 9.3M | $665.2M | -5.7% | 0.726% | 0.12% |
| 23 | Bank of New York Mellon Corp | 9.0M | $648.5M | -0.9% | 0.708% | 0.12% |
| 24 | AMERIPRISE FINANCIAL INC | 9.0M | $643.1M | +11.2% | 0.702% | 0.15% |
| 25 | Clearbridge Investments, LLC | 8.8M | $630.2M | -0.2% | 0.688% | 0.55% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in CVS — a direct measure of their conviction.
Quarterly Institutional Activity
Filings activity in CVS during Q1 2026, grouped by how each filer changed its position.
- BlackRock, Inc.$9.04B
- STATE STREET CORP$4.26B
- DODGE & COX$3.72B
- FMR LLC$2.24B
- GEODE CAPITAL MANAGEMENT, LLC$2.11B
- Invesco Ltd.$1.81B
- MORGAN STANLEY$1.28B
- Capital International Investors$1.11B
- PZENA INVESTMENT MANAGEMENT LLC$989.2M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$983.2M
- DAVIS SELECTED ADVISERS$879.1M
- NORTHERN TRUST CORP$836.1M
CVS Institutional Ownership by Quarter
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,827 | 3.0% | 89.09% | +21.46 pp | $115.90B | +32% |
| Q4 2025 | 1,883 | +6.2% | 67.63% | +5.98 pp | $87.98B | +9.7% |
| Q3 2025 | 1,773 | +2.9% | 61.65% | +4.03 pp | $80.21B | +7.0% |
| Q2 2025 | 1,723 | +1.3% | 57.62% | +3.74 pp | $74.96B | +6.9% |
| Q1 2025 | 1,701 | +6.3% | 53.88% | +19.34 pp | $70.09B | +56% |
| Q4 2024 | 1,600 | 9.9% | 34.54% | 12.14 pp | $44.94B | 26% |
| Q3 2024 | 1,776 | 3.7% | 46.68% | 64.73 pp | $60.73B | 58% |
| Q2 2024 | 1,845 | — | 111.41% | — | $144.94B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
CVS — Frequently Asked Questions
Quick answers to the most common questions about buying CVS stock.
What percentage of CVS is owned by institutions?
Based on Q1 2026 13F filings, institutional ownership of CVS Health Corporation stands at 89.1%, held across 1,827 reporting institutions.
Who is the largest institutional holder of CVS?
Employees Provident Fund Board is the largest reported institutional holder of CVS, with approximately 730,631 shares worth $41.46B as of Q1 2026.
Is CVS a hedge fund favorite?
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of CVS.
What is CVS's Smart Money Score?
Our composite Smart Money Score for CVS is 37 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
How many institutions bought CVS this quarter?
195 institutions opened new positions in CVS during Q1 2026, while 251 fully exited. 326 added to existing positions and 1,300 trimmed.
How is institutional ownership of CVS changing?
CVS institutional ownership rose by 21.46 percentage points quarter-over-quarter, with a net change of -56 holders.
How concentrated is CVS ownership among the top holders?
The top 10 institutions account for 67.3% of all reported 13F value in CVS, and the top 25 account for 79.5%.
Where does this CVS institutional ownership data come from?
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.