Surgery Partners
SGRY
98 hedge funds and large institutions have $716M invested in Surgery Partners in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 28 increasing their positions, 29 reducing their positions, and 12 closing their positions.
372% more call options, than puts
Call options by funds: $236K | Put options by funds: $50K
104% more capital invested
Capital invested by funds: $351M → $716M (+$364M)
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
11% more funds holding
Funds holding: 88 → 98 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
4.96% less ownership
Funds ownership: 96.07% → 91.11% (-5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
+$9.98M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.57M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.07M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.05M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.54M |
| 2 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$7.52M |
| 3 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$7.47M |
| 4 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$4.88M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
101
Voce Capital Management
San Francisco,
California
| – | -$979K | -132,610 | Closed |
|
|
CIM
102
CIM Investment Management
Pittsburgh,
Pennsylvania
| – | -$339K | -45,862 | Closed |
|
|
AIMCA
103
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$328K | -44,400 | Closed |
|
|
ECM
104
ExodusPoint Capital Management
New York
| – | -$292K | -39,556 | Closed |
|
|
AG
105
Aperio Group
Sausalito,
California
| – | -$105K | -14,267 | Closed |
|
106
Tudor Investment Corp
Stamford,
Connecticut
| – | -$105K | -14,176 | Closed |
|
107
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$145K | -12,826 | Closed |
|
|
PP
108
Paloma Partners
Greenwich,
Connecticut
| – | -$93K | -12,618 | Closed |
|
109
Victory Capital Management
San Antonio,
Texas
| – | -$77K | -10,458 | Closed |
|
|
TRCT
110
Tower Research Capital (TRC)
New York
| – | -$6K | -782 | Closed |
|
SGRY Hedge Fund Activity: Q4 2019 in Review
98 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2019, worth a combined $716M — up 104% from $351M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SGRY positions and 12 closed out — a net gain of 10 holders — while 28 added to existing stakes and 29 trimmed.
The largest buyer was King Street Capital Management, adding an estimated $9.98M. The largest seller was Goldman Sachs, cutting an estimated $9.54M.
- 98 institutional investors held Surgery Partners (SGRY) as of Q4 2019, up from 88 in Q3 2019.
- Funds reported $716M of Surgery Partners stock for Q4 2019, up 104% quarter-over-quarter.
- 22 funds opened new Surgery Partners positions in Q4 2019 and 12 closed out, a net change of +10 holders.
- The largest Surgery Partners buyer in Q4 2019 was King Street Capital Management, an estimated $9.98M added.
- The largest Surgery Partners seller in Q4 2019 was Goldman Sachs, an estimated $9.54M sold.
Based on aggregated 13F filings for Q4 2019.