Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Health Catalyst, Inc. received an updated ownership report from a group of investment entities associated with Clint D. Coghill. As of June 30, 2026, Stoney Lonesome HF LP directly held 6,772,260 common shares and Drake Helix Holdings, LLC directly held 320,438 shares. Through control relationships, CDC Financial, Inc. and Clint D. Coghill may each be deemed to beneficially own 7,095,498 shares in total, representing approximately 9.6% of the 73,894,020 shares outstanding as of May 22, 2026. The reporting persons state that they may be deemed beneficial owners via their roles but specifically disclaim beneficial ownership of shares they do not directly own.
Shares outstanding73,894,020 sharesCommon shares outstanding as of May 22, 2026 from the Definitive Proxy Statement
Stoney Lonesome HF LP holdings6,772,260 sharesDirectly beneficially owned as of June 30, 2026, about 9.2% of the class
Drake Helix Holdings, LLC holdings320,438 sharesDirectly beneficially owned as of June 30, 2026, about 0.4% of the class
CDC Financial deemed ownership7,092,698 sharesMay be deemed beneficially owned via Stoney Lonesome and Drake Helix, about 9.6%
Clint D. Coghill total deemed ownership7,095,498 shares2,800 directly plus interests via CDC Financial, about 9.6% of outstanding shares
Key Terms
beneficial owner, shared voting power, dispositive power, Section 13(d) of the Securities Exchange Act of 1934, +1 more
5 terms
beneficial ownerfinancial
"may be deemed the beneficial owner of the 6,772,260 Shares directly beneficially owned"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerfinancial
"6 | Shared Voting Power 6,772,260.00 7 | Sole Dispositive Power 0.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive powerfinancial
"7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 6,772,260.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Section 13(d) of the Securities Exchange Act of 1934regulatory
"for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended"
Section 13(d) of the Securities Exchange Act of 1934 is a U.S. rule that requires anyone who buys more than 5% of a public company’s shares to publicly disclose who they are, how many shares they own, and their intentions toward the company. For investors, this is like a neighborhood alert when someone acquires a large stake in a building: it reveals potential changes in control or strategy that could affect the stock’s price, governance, or future direction.
percent of classfinancial
"(b) | Percent of class: The following percentages are based on 73,894,020 Shares"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much of Health Catalyst (HCAT) do the reporting persons collectively beneficially own?
The reporting structure may deem certain parties to beneficially own 7,095,498 Health Catalyst shares, or about 9.6% of the 73,894,020 shares outstanding as of May 22, 2026, based on ownership through related entities.
What is Stoney Lonesome HF LP’s stake in Health Catalyst (HCAT)?
Stoney Lonesome HF LP directly beneficially owned 6,772,260 shares of Health Catalyst common stock, representing approximately 9.2% of the 73,894,020 shares outstanding as of May 22, 2026, according to the ownership disclosure as of June 30, 2026.
What percentage of Health Catalyst (HCAT) is attributed to CDC Financial, Inc.?
CDC Financial, Inc. may be deemed to beneficially own 6,772,260 shares via Stoney Lonesome and 320,438 via Drake Helix, totaling 7,092,698 shares, or about 9.6% of the outstanding common stock, based on the stated share count baseline.
How many Health Catalyst (HCAT) shares does Drake Helix Holdings, LLC own?
Drake Helix Holdings, LLC directly beneficially owned 320,438 shares of Health Catalyst common stock as of June 30, 2026, which equals approximately 0.4% of the 73,894,020 shares outstanding cited from the company’s May 22, 2026 share count.
What is Clint D. Coghill’s reported ownership in Health Catalyst (HCAT)?
Clint D. Coghill directly beneficially owned 2,800 Health Catalyst shares and, through his role as President and sole shareholder of CDC Financial, may also be deemed to beneficially own an additional 7,092,698 shares, totaling about 9.6% of the company.
What share count baseline is used for the Health Catalyst (HCAT) ownership percentages?
All reported ownership percentages are calculated using 73,894,020 Health Catalyst common shares outstanding as of May 22, 2026, which comes from the company’s Definitive Proxy Statement on Schedule 14A filed on June 3, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Health Catalyst, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
42225T107
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
42225T107
1
Names of Reporting Persons
Stoney Lonesome HF LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,772,260.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,772,260.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,772,260.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
42225T107
1
Names of Reporting Persons
COGHILL CAPITAL MANAGEMENT LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,772,260.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,772,260.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,772,260.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
42225T107
1
Names of Reporting Persons
Drake Helix Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
WYOMING
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
320,438.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
320,438.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
320,438.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.4 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
42225T107
1
Names of Reporting Persons
CDC Financial, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,092,698.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,092,698.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,092,698.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.6 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
42225T107
1
Names of Reporting Persons
COGHILL CLINT D
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,800.00
6
Shared Voting Power
7,092,698.00
7
Sole Dispositive Power
2,800.00
8
Shared Dispositive Power
7,092,698.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,095,498.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.6 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Health Catalyst, Inc.
(b)
Address of issuer's principal executive offices:
10897 SOUTH RIVER FRONT PARKWAY, #300, SOUTH JORDAN, UTAH 84095
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) Stoney Lonesome HF LP, a Delaware limited partnership ("Stoney Lonesome"), with respect to the shares of Common Stock, par value $0.001 per share, of the Issuer (the "Shares") directly and beneficially owned by it;
(ii) Coghill Capital Management, LLC, a Delaware limited liability company ("CCM"), as the general partner of Stoney Lonesome;
(iii) The Drake Helix Holdings, LLC, a Wyoming limited liability company ("Drake Helix"), with respect to the Shares directly and beneficially owned by it;
(iv) CDC Financial, Inc., an Illinois corporation ("CDC Financial"), as the managing member of each of CCM and Drake Helix; and
(v) Clint D. Coghill, with respect to the Shares directly and beneficially owned by him and as the President and sole shareholder of CDC Financial.
Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 222 S Riverside Plaza, 15th Floor, Chicago, Illinois 60606.
(c)
Citizenship:
Each of Stoney Lonesome and CCM is organized under the laws of the State of Delaware. Drake Helix is organized under the laws of the State of Wyoming. CDC Financial is organized under the laws of the State of Illinois. Mr. Coghill is a citizen of the United States of America.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP No.:
42225T107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on June 30, 2026:
(i) Stoney Lonesome directly beneficially owned 6,772,260 Shares;
(ii) CCM, as the general partner of Stoney Lonesome, may be deemed the beneficial owner of the 6,772,260 Shares directly beneficially owned by Stoney Lonesome;
(iii) Drake Helix directly beneficially owned 320,438 Shares;
(iv) CDC Financial, as the managing member of each of CCM and Drake Helix, may be deemed the beneficial owner of the 6,772,260 Shares directly beneficially owned by Stoney Lonesome and the 320,438 Shares directly beneficially owned by Drake Helix; and
(v) Mr. Coghill directly beneficially owned 2,800 Shares. As the President and sole shareholder of CDC Financial, Mr. Coghill may also be deemed the beneficial owner of the 6,772,260 Shares directly beneficially owned by Stoney Lonesome and the 320,438 Shares directly beneficially owned by Drake Helix.
The filing of this Schedule 13G shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that such Reporting Person does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.
(b)
Percent of class:
The following percentages are based on 73,894,020 Shares outstanding as of May 22, 2026, which is the total number of Shares outstanding as disclosed in the Issuer's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on June 3, 2026.
As of the close of business on June 30, 2026, (i) Stoney Lonesome beneficially owned approximately 9.2% of the outstanding Shares, (ii) CCM may be deemed to beneficially own approximately 9.2% of the outstanding Shares, (iii) Drake Helix beneficially owned approximately 0.4% of the outstanding Shares, (iv) CDC Financial may be deemed to beneficially own approximately 9.6% of the outstanding Shares and (v) Mr. Coghill may be deemed to beneficially own approximately 9.6% of the outstanding Shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on December 22, 2025.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Stoney Lonesome HF LP
Signature:
/s/ Clint D. Coghill
Name/Title:
Clint D. Coghill, President and sole shareholder of the managing member of its general partner
Date:
08/14/2026
COGHILL CAPITAL MANAGEMENT LLC
Signature:
/s/ Clint D. Coghill
Name/Title:
Clint D. Coghill, President and sole shareholder of its managing member
Date:
08/14/2026
Drake Helix Holdings, LLC
Signature:
/s/ Clint D. Coghill
Name/Title:
Clint D. Coghill, President and sole shareholder of its managing member
