Surgery Partners
SGRY
180 hedge funds and large institutions have $4.08B invested in Surgery Partners in 2024 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 71 increasing their positions, 49 reducing their positions, and 28 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 49
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
7.42% more ownership
Funds ownership: 100.73% → 108.15% (+7.4%)
3% more funds holding
Funds holding: 174 → 180 (+6)
6% less capital invested
Capital invested by funds: $4.33B → $4.08B (-$249M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
67% less call options, than puts
Call options by funds: $11.4M | Put options by funds: $35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$77.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$56.1M |
| 3 |
DM
Deerfield Management
New York
|
+$33.8M |
| 4 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$30.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
-$146M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$46.6M |
| 3 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
-$33.4M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$21.7M |
| 5 |
Morgan Stanley
New York
|
-$14.8M |
SGRY Hedge Fund Activity: Q1 2024 in Review
180 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q1 2024, worth a combined $4.08B — down 5.8% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SGRY positions and 28 closed out — a net gain of 7 holders — while 71 added to existing stakes and 49 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $77.4M. The largest seller was Jefferies Financial Group, exiting entirely with an estimated $146M sold.
- 180 institutional investors held Surgery Partners (SGRY) as of Q1 2024, up from 174 in Q4 2023.
- Funds reported $4.08B of Surgery Partners stock for Q1 2024, down 5.8% quarter-over-quarter.
- 35 funds opened new Surgery Partners positions in Q1 2024 and 28 closed out, a net change of +7 holders.
- The largest Surgery Partners buyer in Q1 2024 was Janus Henderson Group, an estimated $77.4M added.
- The largest Surgery Partners seller in Q1 2024 was Jefferies Financial Group, an estimated $146M sold.
Based on aggregated 13F filings for Q1 2024.