Surgery Partners
SGRY
84 hedge funds and large institutions have $598M invested in Surgery Partners in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 21 closing their positions.
25% more capital invested
Capital invested by funds: $479M → $598M (+$118M)
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
6.4% more ownership
Funds ownership: 94.89% → 101.29% (+6.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 90 → 84 (-6)
16% less call options, than puts
Call options by funds: $131K | Put options by funds: $156K
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$16.4M |
| 2 |
Goldman Sachs
New York
|
+$5.85M |
| 3 |
RA
Royce & Associates
New York
|
+$3.6M |
| 4 |
ClearBridge Investments
New York
|
+$2.91M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$1.35M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.23M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.1M |
| 4 |
HHC
Hutchin Hill Capital
New York
|
-$1.08M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$661K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
101
Rational Advisors
Huntington,
New York
| – | -$32K | -3,100 | Closed |
|
102
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$28K | -2,735 | Closed |
|
103
Group One Trading
Chicago,
Illinois
| – | -$19.1K | -1,993 | Closed |
|
|
CG
104
Cutler Group
San Francisco,
California
| – | -$3K | -300 | Closed |
|
|
SPIA
105
Steward Partners Investment Advisory
New York
| – | -$2K | -250 | Closed |
|
SGRY Hedge Fund Activity: Q4 2017 in Review
84 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2017, worth a combined $598M — up 25% from $479M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SGRY and 15 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 30 added.
The largest buyer was NN Investment Partners Holdings, adding an estimated $16.4M. The largest seller was TimesSquare Capital Management, cutting an estimated $1.35M.
- 84 institutional investors held Surgery Partners (SGRY) as of Q4 2017, down from 90 in Q3 2017.
- Funds reported $598M of Surgery Partners stock for Q4 2017, up 25% quarter-over-quarter.
- 15 funds opened new Surgery Partners positions in Q4 2017 and 21 closed out, a net change of -6 holders.
- The largest Surgery Partners buyer in Q4 2017 was NN Investment Partners Holdings, an estimated $16.4M added.
- The largest Surgery Partners seller in Q4 2017 was TimesSquare Capital Management, an estimated $1.35M sold.
Based on aggregated 13F filings for Q4 2017.