Surgery Partners
SGRY
98 hedge funds and large institutions have $558M invested in Surgery Partners in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 15 closing their positions.
136% more call options, than puts
Call options by funds: $648K | Put options by funds: $274K
82% more capital invested
Capital invested by funds: $307M → $558M (+$251M)
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
13% more funds holding
Funds holding: 87 → 98 (+11)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.02% less ownership
Funds ownership: 95.5% → 95.48% (-0.02%)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.42M |
| 2 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
+$7.42M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
+$4.84M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.64M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.61M |
| 2 |
JP Morgan Chase
New York
|
-$2.04M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.95M |
| 4 |
RA
Royce & Associates
New York
|
-$1.89M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.01M | -154,744 | Closed |
|
|
EVM
102
Eaton Vance Management
Boston,
Massachusetts
| – | -$522K | -80,000 | Closed |
|
103
Two Sigma Investments
New York
| – | -$449K | -68,722 | Closed |
|
|
SIM
104
Spark Investment Management
New York
| – | -$398K | -60,980 | Closed |
|
|
AIM
105
Aigen Investment Management
New York
| – | -$175K | -26,726 | Closed |
|
|
LI
106
Leap Investments
Chicago,
Illinois
| – | -$129K | -19,800 | Closed |
|
107
Man Group
London,
United Kingdom
| – | -$118K | -18,082 | Closed |
|
108
VOYA Investment Management
Atlanta,
Georgia
| – | -$80K | -12,183 | Closed |
|
109
Two Sigma Advisers
New York
| – | -$76K | -11,600 | Closed |
|
|
FC
110
FORA Capital
Miami,
Florida
| – | -$47K | -7,179 | Closed |
|
111
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | -557 | Closed |
|
112
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -114 | Closed |
|
SGRY Hedge Fund Activity: Q2 2020 in Review
98 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2020, worth a combined $558M — up 82% from $307M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SGRY positions and 15 closed out — a net gain of 12 holders — while 24 added to existing stakes and 30 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $9.42M. The largest seller was Goldman Sachs, cutting an estimated $4.61M.
- 98 institutional investors held Surgery Partners (SGRY) as of Q2 2020, up from 87 in Q1 2020.
- Funds reported $558M of Surgery Partners stock for Q2 2020, up 82% quarter-over-quarter.
- 27 funds opened new Surgery Partners positions in Q2 2020 and 15 closed out, a net change of +12 holders.
- The largest Surgery Partners buyer in Q2 2020 was Millennium Management, an estimated $9.42M added.
- The largest Surgery Partners seller in Q2 2020 was Goldman Sachs, an estimated $4.61M sold.
Based on aggregated 13F filings for Q2 2020.