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Surgery Partners

87 hedge funds and large institutions have $335M invested in Surgery Partners in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 37 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

26,400% more call options, than puts

Call options by funds: $265K | Put options by funds: $1K

343% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 7

147% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 15

47% more capital invested

Capital invested by funds: $228M → $335M (+$107M)

38% more funds holding

Funds holding: 6387 (+24)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
87
Holders Change
+24
Holders Change %
+38.1%
% of All Funds
2.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
31
Increased
37
Reduced
15
Closed
7
Calls
$265K
Puts
$1K
Net Calls
+$264K
Net Calls Change
+$273K
Name Holding Trade Value Shares
Change
Change in
Stake
LOAMS
26
Lombard Odier Asset Management (Switzerland)
Switzerland
$2.33M +$1.93M +130,000 New
GGHC
27
Gilder Gagnon Howe & Co
New York
$1.99M -$50.7K -3,404 -3%
Bank of America
28
Bank of America
North Carolina
$1.64M -$10.7K -722 -0.8%
CGM
29
Capital Growth Management
Massachusetts
$1.61M +$1.34M +90,000 New
Point72 Asset Management
30
Point72 Asset Management
Connecticut
$1.52M +$1.26M +84,800 New
BIM
31
BlackRock Investment Management
Delaware
$1.3M -$1.58M -106,051 -59%
N
32
Nuveen
North Carolina
$1.3M +$1.08M +72,749 New
Bank of New York Mellon
33
Bank of New York Mellon
New York
$1.3M +$335K +22,540 +45%
GC
34
Guggenheim Capital
Illinois
$1.22M -$41.6K -2,798 -4%
TCIM
35
TIAA CREF Investment Management
New York
$1.07M +$186K +12,506 +26%
SCM
36
Sterling Capital Management
North Carolina
$995K +$827K +55,570 New
CS
37
Credit Suisse
Switzerland
$830K +$541K +36,351 +363%
Charles Schwab
38
Charles Schwab
California
$815K +$9.38K +630 +1%
RJA
39
Raymond James & Associates
Florida
$777K +$117K +7,847 +22%
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$699K +$81.4K +5,468 +16%
Swiss National Bank
41
Swiss National Bank
Switzerland
$657K +$546K +36,700 New
MIG
42
Mariner Investment Group
New York
$612K -$185K -12,400 -27%
TA
43
Teachers Advisors
New York
$498K +$60.1K +4,037 +17%
AllianceBernstein
44
AllianceBernstein
Tennessee
$483K +$402K +27,000 New
Goldman Sachs
45
Goldman Sachs
New York
$425K +$353K +23,739 New
TC
46
TFS Capital
Pennsylvania
$420K +$349K +23,436 New
EIM
47
Essex Investment Management
Massachusetts
$409K +$340K +22,828 New
LIA
48
LBMC Investment Advisors
Tennessee
$402K +$334K +22,439 New
Citadel Advisors
49
Citadel Advisors
Florida
$384K +$33.2K +2,228 +12%
TI
50
Trexquant Investment
Connecticut
$379K +$315K +21,177 New

SGRY Hedge Fund Activity: Q2 2016 in Review

87 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2016, worth a combined $335M — up 47% from $228M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new SGRY positions and 7 closed out — a net gain of 24 holders — while 37 added to existing stakes and 15 trimmed.

The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $15.9M. The largest seller was BlackRock Advisors, cutting an estimated $17M.

  • 87 institutional investors held Surgery Partners (SGRY) as of Q2 2016, up from 63 in Q1 2016.
  • Funds reported $335M of Surgery Partners stock for Q2 2016, up 47% quarter-over-quarter.
  • 31 funds opened new Surgery Partners positions in Q2 2016 and 7 closed out, a net change of +24 holders.
  • The largest Surgery Partners buyer in Q2 2016 was Neuberger Berman Group, an estimated $15.9M added.
  • The largest Surgery Partners seller in Q2 2016 was BlackRock Advisors, an estimated $17M sold.

Based on aggregated 13F filings for Q2 2016.