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Surgery Partners

90 hedge funds and large institutions have $388M invested in Surgery Partners in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

11,763% more call options, than puts

Call options by funds: $949K | Put options by funds: $8K

171% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 7

67% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 21

13% more funds holding

Funds holding: 8090 (+10)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.55% less ownership

Funds ownership: 97.98%96.43% (-1.6%)

28% less capital invested

Capital invested by funds: $539M → $388M (-$151M)

Holders
90
Holders Change
+10
Holders Change %
+12.5%
% of All Funds
1.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
35
Reduced
21
Closed
7
Calls
$949K
Puts
$8K
Net Calls
+$941K
Net Calls Change
+$842K
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$1.23M +$1.51M +151,469 New
JP Morgan Chase
27
JP Morgan Chase
New York
$1.09M -$2.37M -238,152 -63%
Marshall Wace
28
Marshall Wace
United Kingdom
$1M +$1.23M +122,977 New
EVM
29
Eaton Vance Management
Massachusetts
$977K
Charles Schwab
30
Charles Schwab
California
$953K +$238K +23,890 +26%
BNP Paribas Financial Markets
31
BNP Paribas Financial Markets
France
$846K -$4.12K -413 -0.4%
CS
32
Credit Suisse
Switzerland
$817K +$895K +89,789 +853%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$751K +$55.1K +5,526 +6%
DCM
34
Dimension Capital Management
Florida
$635K +$778K +78,012 New
SIM
35
Spark Investment Management
New York
$627K +$54.8K +5,500 +8%
SO
36
STRS Ohio
Ohio
$582K +$237K +23,800 +50%
Invesco
37
Invesco
Georgia
$570K -$23.5K -2,359 -3%
Tudor Investment Corp
38
Tudor Investment Corp
Connecticut
$529K +$648K +64,966 New
WCM Investment Management
39
WCM Investment Management
California
$505K -$15.2K -1,528 -2%
Deutsche Bank
40
Deutsche Bank
Germany
$437K +$310K +31,088 +136%
AllianceBernstein
41
AllianceBernstein
Tennessee
$420K +$137K +13,700 +36%
Squarepoint
42
Squarepoint
New York
$398K +$487K +48,867 New
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$301K +$84.9K +8,516 +30%
Renaissance Technologies
44
Renaissance Technologies
New York
$298K +$365K +36,600 New
Swiss National Bank
45
Swiss National Bank
Switzerland
$296K +$109K +10,900 +43%
DTL
46
Dynamic Technology Lab
Singapore
$259K +$317K +31,829 New
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$258K +$53.2K +5,331 +20%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$229K -$62.6K -6,281 -18%
GAM
49
Gotham Asset Management
New York
$173K +$18.7K +1,877 +10%
JG
50
Jefferies Group
New York
$155K +$34.8K +3,490 +22%

SGRY Hedge Fund Activity: Q2 2019 in Review

90 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2019, worth a combined $388M — down 28% from $539M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new SGRY positions and 7 closed out — a net gain of 12 holders — while 35 added to existing stakes and 21 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $10.7M. The largest seller was NN Investment Partners Holdings, cutting an estimated $33.1M.

  • 90 institutional investors held Surgery Partners (SGRY) as of Q2 2019, up from 80 in Q1 2019.
  • Funds reported $388M of Surgery Partners stock for Q2 2019, down 28% quarter-over-quarter.
  • 19 funds opened new Surgery Partners positions in Q2 2019 and 7 closed out, a net change of +12 holders.
  • The largest Surgery Partners buyer in Q2 2019 was Goldman Sachs, an estimated $10.7M added.
  • The largest Surgery Partners seller in Q2 2019 was NN Investment Partners Holdings, an estimated $33.1M sold.

Based on aggregated 13F filings for Q2 2019.