Select Medical
SEM was delisted on the 30th of June, 2026.
268 hedge funds and large institutions have $1.49B invested in Select Medical in 2025 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 89 increasing their positions, 89 reducing their positions, and 44 closing their positions.
167% more call options, than puts
Call options by funds: $147K | Put options by funds: $55K
15% more capital invested
Capital invested by funds: $1.29B → $1.49B (+$198M)
14% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 44
0% more funds holding
Funds holding: 268 → 268 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 89
0.11% less ownership
Funds ownership: 81.16% → 81.06% (-0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$16.8M |
| 2 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$14.3M |
| 3 |
EP
Eversept Partners
New York
|
+$12.8M |
| 4 |
AG
Algert Global
San Francisco,
California
|
+$11.9M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$27M |
| 2 |
Millennium Management
New York
|
-$14.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$7.13M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$6.25M |
| 5 |
BlackRock
New York
|
-$6.25M |
SEM Hedge Fund Activity: Q4 2025 in Review
268 of the 8,253 institutional investors tracked by Wall St. Rank reported a position in Select Medical (SEM) for Q4 2025, worth a combined $1.49B — up 15% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SEM positions and 44 closed out — a net gain of 6 holders — while 89 added to existing stakes and 89 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $16.8M. The largest seller was Principal Financial Group, cutting an estimated $27M.
- 268 institutional investors held Select Medical (SEM) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $1.49B of Select Medical stock for Q4 2025, up 15% quarter-over-quarter.
- 50 funds opened new Select Medical positions in Q4 2025 and 44 closed out, a net change of +6 holders.
- The largest Select Medical buyer in Q4 2025 was Adage Capital Partners, an estimated $16.8M added.
- The largest Select Medical seller in Q4 2025 was Principal Financial Group, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2025.