Surgery Partners
SGRY
90 hedge funds and large institutions have $479M invested in Surgery Partners in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 16 reducing their positions, and 21 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 16
56.68% more ownership
Funds ownership: 38.21% → 94.89% (+57%)
13% more capital invested
Capital invested by funds: $424M → $479M (+$54.9M)
2% more funds holding
Funds holding: 88 → 90 (+2)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
20% less call options, than puts
Call options by funds: $143K | Put options by funds: $178K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
+$378M |
| 2 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$44.2M |
| 3 |
ClearBridge Investments
New York
|
+$12.4M |
| 4 |
AAM
AMI Asset Management
Los Angeles,
California
|
+$7.54M |
| 5 |
RA
Royce & Associates
New York
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$34.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.2M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$20.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$11.4M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11M |
SGRY Hedge Fund Activity: Q3 2017 in Review
90 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q3 2017, worth a combined $479M — up 13% from $424M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SGRY positions and 21 closed out — a net gain of 2 holders — while 36 added to existing stakes and 16 trimmed.
The largest buyer was Bain Capital Investors, opening a new position worth an estimated $378M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $34.5M sold.
- 90 institutional investors held Surgery Partners (SGRY) as of Q3 2017, up from 88 in Q2 2017.
- Funds reported $479M of Surgery Partners stock for Q3 2017, up 13% quarter-over-quarter.
- 23 funds opened new Surgery Partners positions in Q3 2017 and 21 closed out, a net change of +2 holders.
- The largest Surgery Partners buyer in Q3 2017 was Bain Capital Investors, an estimated $378M added.
- The largest Surgery Partners seller in Q3 2017 was Neuberger Berman Group, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2017.