Surgery Partners
SGRY
115 hedge funds and large institutions have $1.39B invested in Surgery Partners in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 8 closing their positions.
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
131% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $5.54M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
36% more capital invested
Capital invested by funds: $1.02B → $1.39B (+$365M)
17% more funds holding
Funds holding: 98 → 115 (+17)
1.03% more ownership
Funds ownership: 93.99% → 95.02% (+1%)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APM
Avidity Partners Management
Dallas,
Texas
|
+$13.2M |
| 2 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$9.29M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$5.47M |
| 4 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
+$4.21M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
-$21.9M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.22M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.96M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.69M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.99M |
SGRY Hedge Fund Activity: Q4 2020 in Review
115 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2020, worth a combined $1.39B — up 36% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SGRY positions and 8 closed out — a net gain of 18 holders — while 36 added to existing stakes and 37 trimmed.
The largest buyer was Avidity Partners Management, opening a new position worth an estimated $13.2M. The largest seller was King Street Capital Management, cutting an estimated $21.9M.
- 115 institutional investors held Surgery Partners (SGRY) as of Q4 2020, up from 98 in Q3 2020.
- Funds reported $1.39B of Surgery Partners stock for Q4 2020, up 36% quarter-over-quarter.
- 26 funds opened new Surgery Partners positions in Q4 2020 and 8 closed out, a net change of +18 holders.
- The largest Surgery Partners buyer in Q4 2020 was Avidity Partners Management, an estimated $13.2M added.
- The largest Surgery Partners seller in Q4 2020 was King Street Capital Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q4 2020.