Surgery Partners
SGRY
119 hedge funds and large institutions have $2.55B invested in Surgery Partners in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 21 closing their positions.
84% more capital invested
Capital invested by funds: $1.39B → $2.55B (+$1.16B)
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
3% more funds holding
Funds holding: 115 → 119 (+4)
1.25% more ownership
Funds ownership: 95.02% → 96.26% (+1.2%)
9% more call options, than puts
Call options by funds: $29.8M | Put options by funds: $27.5M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$231M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$101M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$28.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$27.4M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
-$29M |
| 2 |
Millennium Management
New York
|
-$20.2M |
| 3 |
HPCM
Hein Park Capital Management
New York
|
-$19.4M |
| 4 |
APM
Avidity Partners Management
Dallas,
Texas
|
-$15.4M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$10.5M |
SGRY Hedge Fund Activity: Q1 2021 in Review
119 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q1 2021, worth a combined $2.55B — up 84% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SGRY positions and 21 closed out — a net gain of 4 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $231M. The largest seller was King Street Capital Management, exiting entirely with an estimated $29M sold.
- 119 institutional investors held Surgery Partners (SGRY) as of Q1 2021, up from 115 in Q4 2020.
- Funds reported $2.55B of Surgery Partners stock for Q1 2021, up 84% quarter-over-quarter.
- 25 funds opened new Surgery Partners positions in Q1 2021 and 21 closed out, a net change of +4 holders.
- The largest Surgery Partners buyer in Q1 2021 was Fidelity Investments, an estimated $231M added.
- The largest Surgery Partners seller in Q1 2021 was King Street Capital Management, an estimated $29M sold.
Based on aggregated 13F filings for Q1 2021.