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Surgery Partners

201 hedge funds and large institutions have $3.21B invested in Surgery Partners in 2025 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 84 increasing their positions, 58 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more call options, than puts

Call options by funds: $95.7M | Put options by funds: $32.5M

45% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 58

2.59% more ownership

Funds ownership: 110.01%112.6% (+2.6%)

4% less capital invested

Capital invested by funds: $3.34B → $3.21B (-$129M)

9% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 43

3% less funds holding

Funds holding: 208201 (-7)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
201
Holders Change
-7
Holders Change %
-3.37%
% of All Funds
2.65%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
39
Increased
84
Reduced
58
Closed
43
Calls
$95.7M
Puts
$32.5M
Net Calls
+$63.2M
Net Calls Change
+$17.7M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
101
ADAR1 Capital Management
Texas
$889K
WP
102
Woodline Partners
California
$882K -$10.8M -485,712 -92%
IIM
103
INTECH Investment Management
Florida
$808K
Citigroup
104
Citigroup
New York
$799K -$590K -26,541 -42%
Wolverine Trading
105
Wolverine Trading
Illinois
$772K +$418K +18,788 +115%
Envestnet Asset Management
106
Envestnet Asset Management
Illinois
$728K +$50.8K +2,284 +7%
Universal-Beteiligungs- und Servicegesellschaft
107
Universal-Beteiligungs- und Servicegesellschaft
Germany
$728K -$1.14M -51,331 -61%
CCM
108
Cinctive Capital Management
New York
$719K +$719K +32,324 New
FAM
109
Fred Alger Management
New York
$683K +$788K +35,431 New
SA
110
Sanctuary Advisors
Indiana
$622K +$60.4K +2,718 +11%
New York State Common Retirement Fund
111
New York State Common Retirement Fund
New York
$521K
ASRS
112
Arizona State Retirement System
Arizona
$496K +$51K +2,294 +11%
Pathstone Holdings
113
Pathstone Holdings
New Jersey
$473K -$601K -27,029 -56%
Teacher Retirement System of Texas
114
Teacher Retirement System of Texas
Texas
$458K +$39.6K +1,780 +9%
Franklin Resources
115
Franklin Resources
California
$457K -$1.36K -61 -0.3%
GL
116
Graypoint LLC
New York
$445K +$445K +20,000 New
LPL Financial
117
LPL Financial
California
$438K +$52.3K +2,352 +14%
C
118
Covestor
United Kingdom
$431K +$142K +6,394 +49%
State Board of Administration of Florida Retirement System
119
State Board of Administration of Florida Retirement System
Florida
$428K
Canada Life
120
Canada Life
Manitoba, Canada
$422K +$87.3K +3,929 +26%
Handelsbanken Fonder
121
Handelsbanken Fonder
Sweden
$402K
Two Sigma Investments
122
Two Sigma Investments
New York
$398K -$218K -9,800 -35%
II
123
Inspire Investing
Idaho
$392K +$69.8K +3,138 +22%
PFSRSONJ
124
Police & Firemen's Retirement System of New Jersey
New Jersey
$391K +$26.1K +1,176 +7%
BFM
125
Boothbay Fund Management
New York
$389K +$389K +17,484 New

SGRY Hedge Fund Activity: Q2 2025 in Review

201 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2025, worth a combined $3.21B — down 3.9% from $3.34B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of SGRY and 39 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 84 added.

The largest buyer was Pentwater Capital Management, adding an estimated $94.6M. The largest seller was Wellington Management Group, exiting entirely with an estimated $168M sold.

  • 201 institutional investors held Surgery Partners (SGRY) as of Q2 2025, down from 208 in Q1 2025.
  • Funds reported $3.21B of Surgery Partners stock for Q2 2025, down 3.9% quarter-over-quarter.
  • 39 funds opened new Surgery Partners positions in Q2 2025 and 43 closed out, a net change of -4 holders.
  • The largest Surgery Partners buyer in Q2 2025 was Pentwater Capital Management, an estimated $94.6M added.
  • The largest Surgery Partners seller in Q2 2025 was Wellington Management Group, an estimated $168M sold.

Based on aggregated 13F filings for Q2 2025.