Diversified Healthcare Trust
204 hedge funds and large institutions have $808M invested in Diversified Healthcare Trust in 2025 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 62 increasing their positions, 54 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
25% more capital invested
Capital invested by funds: $649M → $808M (+$159M)
23% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $2.53M
15% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 54
4% more funds holding
Funds holding: 196 → 204 (+8)
0.76% more ownership
Funds ownership: 75.1% → 75.86% (+0.76%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
+$11.2M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$5.51M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$4.61M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$21.8M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$7.28M |
| 3 |
Millennium Management
New York
|
-$3.04M |
| 4 |
MMA
Mizuho Markets Americas
New York
|
-$1.79M |
| 5 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$1.14M |
DHC Hedge Fund Activity: Q3 2025 in Review
204 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Diversified Healthcare Trust (DHC) for Q3 2025, worth a combined $808M — up 25% from $649M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new DHC positions and 20 closed out — a net gain of 9 holders — while 62 added to existing stakes and 54 trimmed.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $21.8M sold.
- 204 institutional investors held Diversified Healthcare Trust (DHC) as of Q3 2025, up from 196 in Q2 2025.
- Funds reported $808M of Diversified Healthcare Trust stock for Q3 2025, up 25% quarter-over-quarter.
- 29 funds opened new Diversified Healthcare Trust positions in Q3 2025 and 20 closed out, a net change of +9 holders.
- The largest Diversified Healthcare Trust buyer in Q3 2025 was BlackRock, an estimated $13M added.
- The largest Diversified Healthcare Trust seller in Q3 2025 was D.E. Shaw & Co, an estimated $21.8M sold.
Based on aggregated 13F filings for Q3 2025.