Select Medical
SEM was delisted on the 30th of June, 2026.
262 hedge funds and large institutions have $1.53B invested in Select Medical in 2025 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 106 increasing their positions, 83 reducing their positions, and 45 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 83
4% less funds holding
Funds holding: 274 → 262 (-12)
4.6% less ownership
Funds ownership: 82.71% → 78.12% (-4.6%)
14% less capital invested
Capital invested by funds: $1.78B → $1.53B (-$257M)
18% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
8KM
8 Knots Management
Dallas,
Texas
|
+$27.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$8.54M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.81M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$25.1M |
| 2 |
Millennium Management
New York
|
-$21.8M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$21.2M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$21.2M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$20.7M |
SEM Hedge Fund Activity: Q2 2025 in Review
262 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Select Medical (SEM) for Q2 2025, worth a combined $1.53B — down 14% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of SEM and 37 opened new positions — a net loss of 8 holders — while 83 trimmed existing stakes and 106 added.
The largest buyer was 8 Knots Management, opening a new position worth an estimated $27.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $25.1M.
- 262 institutional investors held Select Medical (SEM) as of Q2 2025, down from 274 in Q1 2025.
- Funds reported $1.53B of Select Medical stock for Q2 2025, down 14% quarter-over-quarter.
- 37 funds opened new Select Medical positions in Q2 2025 and 45 closed out, a net change of -8 holders.
- The largest Select Medical buyer in Q2 2025 was 8 Knots Management, an estimated $27.3M added.
- The largest Select Medical seller in Q2 2025 was T. Rowe Price Associates, an estimated $25.1M sold.
Based on aggregated 13F filings for Q2 2025.