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Surgery Partners
SGRY

92 hedge funds and large institutions have $287M invested in Surgery Partners in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 25

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

37.35% more ownership

Funds ownership: 0% → 37.35% (+37%)

7% more funds holding

Funds holding: 86 → 92 (+6)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

21% less capital invested

Capital invested by funds: $362M → $287M (-$74.8M)

Holders
92
Holders Change
+6
Holders Change %
+6.98%
% of All Funds
2.3%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
17
Increased
39
Reduced
25
Closed
11
Calls
$220K
Puts
–
Net Calls
+$220K
Net Calls Change
-$197K

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$10.9M
2
ClearBridge Investments
ClearBridge Investments
New York
+$7.91M
3
Wells Fargo
Wells Fargo
California
+$5.12M
4
JP Morgan Chase
JP Morgan Chase
New York
+$4.1M
5
TCM
TimesSquare Capital Management
New York
+$3.26M

Top Sellers

1
VNIM
Vaughan Nelson Investment Management
Texas
-$23.3M
2
SCM
Stonerise Capital Management
California
-$6.32M
3
Jennison Associates
Jennison Associates
New York
-$3.35M
4
FAM
Fred Alger Management
New York
-$3.3M
5
Natixis Advisors
Natixis Advisors
Massachusetts
-$2.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
PI
26
Putnam Investments
Massachusetts
$1.82M +$427K +25,681 +29%
RA
27
Royce & Associates
New York
$1.76M +$1.47M +88,400 +393%
CCM
28
Century Capital Management
Massachusetts
$1.69M – – –
N
29
Nuveen
North Carolina
$1.65M +$165K +9,951 +11%
Macquarie Group
30
Macquarie Group
Australia
$1.54M -$44.9K -2,700 -3%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$1.41M +$267K +16,077 +22%
GC
32
Guggenheim Capital
Illinois
$1.3M +$327K +19,657 +32%
Natixis Advisors
33
Natixis Advisors
Massachusetts
$1.27M -$2.28M -136,897 -63%
BIM
34
BlackRock Investment Management
Delaware
$1.16M +$7.38K +444 +0.6%
OAM
35
Oxford Asset Management
United Kingdom
$1.14M -$415K -24,978 -26%
SCM
36
Sterling Capital Management
North Carolina
$1.08M -$228K -13,733 -17%
Charles Schwab
37
Charles Schwab
California
$983K +$61.5K +3,696 +6%
Morgan Stanley
38
Morgan Stanley
New York
$875K +$809K +48,641 +744%
TCIM
39
TIAA CREF Investment Management
New York
$844K -$89.5K -5,385 -9%
CS
40
Credit Suisse
Switzerland
$828K +$436K +26,217 +101%
Ameriprise
41
Ameriprise
Minnesota
$719K +$754K +45,350 New
HCMT
42
Highland Capital Management (Texas)
Texas
$715K -$2.01M -120,763 -73%
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$608K -$18.3K -1,100 -3%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$583K +$188K +11,300 +44%
TA
45
Teachers Advisors
New York
$542K +$106K +6,364 +23%
Swiss National Bank
46
Swiss National Bank
Switzerland
$539K – – –
AllianceBernstein
47
AllianceBernstein
Tennessee
$445K – – –
PPA
48
Parametric Portfolio Associates
Washington
$436K +$40.6K +2,444 +10%
Invesco
49
Invesco
Georgia
$429K -$4.37K -263 -1%
SAM
50
Symphony Asset Management
California
$401K +$96.4K +5,795 +30%
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SGRY Hedge Fund Activity: Q4 2016 in Review

92 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2016, worth a combined $287M — down 21% from $362M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SGRY positions and 11 closed out — a net gain of 6 holders — while 39 added to existing stakes and 25 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $10.9M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $23.3M.

  • 92 institutional investors held Surgery Partners (SGRY) as of Q4 2016, up from 86 in Q3 2016.
  • Funds reported $287M of Surgery Partners stock for Q4 2016, down 21% quarter-over-quarter.
  • 17 funds opened new Surgery Partners positions in Q4 2016 and 11 closed out, a net change of +6 holders.
  • The largest Surgery Partners buyer in Q4 2016 was Fidelity Investments, an estimated $10.9M added.
  • The largest Surgery Partners seller in Q4 2016 was Vaughan Nelson Investment Management, an estimated $23.3M sold.

Based on aggregated 13F filings for Q4 2016.