Select Medical
SEM was delisted on the 30th of June, 2026.
251 hedge funds and large institutions have $3B invested in Select Medical in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 87 increasing their positions, 90 reducing their positions, and 31 closing their positions.
28% more capital invested
Capital invested by funds: $2.34B → $3B (+$663M)
19% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 31
1% more funds holding
Funds holding: 249 → 251 (+2)
0.36% less ownership
Funds ownership: 144% → 143.65% (-0.36%)
3% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 90
52% less call options, than puts
Call options by funds: $187K | Put options by funds: $389K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
8KM
8 Knots Management
Dallas,
Texas
|
+$38.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.7M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$15.9M |
| 4 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$10.2M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$42.5M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$18.7M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$10.5M |
| 4 |
BlackRock
New York
|
-$9.69M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$8.19M |
SEM Hedge Fund Activity: Q1 2024 in Review
251 of the 6,948 institutional investors tracked by Wall St. Rank reported a position in Select Medical (SEM) for Q1 2024, worth a combined $3B — up 28% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SEM positions and 31 closed out — a net gain of 6 holders — while 87 added to existing stakes and 90 trimmed.
The largest buyer was 8 Knots Management, opening a new position worth an estimated $38.6M. The largest seller was Morgan Stanley, cutting an estimated $42.5M.
- 251 institutional investors held Select Medical (SEM) as of Q1 2024, up from 249 in Q4 2023.
- Funds reported $3B of Select Medical stock for Q1 2024, up 28% quarter-over-quarter.
- 37 funds opened new Select Medical positions in Q1 2024 and 31 closed out, a net change of +6 holders.
- The largest Select Medical buyer in Q1 2024 was 8 Knots Management, an estimated $38.6M added.
- The largest Select Medical seller in Q1 2024 was Morgan Stanley, an estimated $42.5M sold.
Based on aggregated 13F filings for Q1 2024.