Select Medical
SEM was delisted on the 30th of June, 2026.
239 hedge funds and large institutions have $1.46B invested in Select Medical in 2026 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 63 increasing their positions, 84 reducing their positions, and 76 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
7.47% less ownership
Funds ownership: 79.02% → 71.54% (-7.5%)
8% less capital invested
Capital invested by funds: $1.6B → $1.46B (-$132M)
14% less funds holding
Funds holding: 278 → 239 (-39)
25% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 84
42% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 76
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $33K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$198M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$110M |
| 3 |
Two Sigma Investments
New York
|
+$75.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$73.5M |
| 5 |
DAM
Decagon Asset Management
London,
United Kingdom
|
+$44.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Portfolio Management
Malvern,
Pennsylvania
|
-$111M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$80.8M |
| 3 |
Vanguard Capital Management
Malvern,
Pennsylvania
|
-$78.5M |
| 4 |
BlackRock
New York
|
-$69M |
| 5 |
State Street
Boston,
Massachusetts
|
-$46.6M |
SEM Hedge Fund Activity: Q2 2026 in Review
239 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Select Medical (SEM) for Q2 2026, worth a combined $1.46B — down 8.3% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of SEM and 44 opened new positions — a net loss of 32 holders — while 84 trimmed existing stakes and 63 added.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $198M. The largest seller was Vanguard Portfolio Management, cutting an estimated $111M.
- 239 institutional investors held Select Medical (SEM) as of Q2 2026, down from 278 in Q1 2026.
- Funds reported $1.46B of Select Medical stock for Q2 2026, down 8.3% quarter-over-quarter.
- 44 funds opened new Select Medical positions in Q2 2026 and 76 closed out, a net change of -32 holders.
- The largest Select Medical buyer in Q2 2026 was Verition Fund Management, an estimated $198M added.
- The largest Select Medical seller in Q2 2026 was Vanguard Portfolio Management, an estimated $111M sold.
Based on aggregated 13F filings for Q2 2026.