Surgery Partners
SGRY
179 hedge funds and large institutions have $3.38B invested in Surgery Partners in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 86 increasing their positions, 47 reducing their positions, and 32 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 47
3.49% more ownership
Funds ownership: 108.15% → 111.64% (+3.5%)
0% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 32
1% less funds holding
Funds holding: 180 → 179 (-1)
17% less capital invested
Capital invested by funds: $4.08B → $3.38B (-$709M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less call options, than puts
Call options by funds: $5.05M | Put options by funds: $13.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$46.4M |
| 2 |
DM
Deerfield Management
New York
|
+$39M |
| 3 |
BlackRock
New York
|
+$32.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$31.6M |
| 5 |
Goldman Sachs
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$48.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$33.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.5M |
| 4 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
-$29.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
XT
201
XTX Topco
George Town,
Cayman Islands
| – | -$234K | -7,846 | Closed |
|
|
MLICM
202
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$123K | -4,139 | Closed |
|
|
ACM
203
Aquatic Capital Management
Chicago,
Illinois
| – | -$119K | -4,000 | Closed |
|
204
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$80K | -2,723 | Closed |
|
|
CFM
205
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$8.95K | -300 | Closed |
|
|
FHA
206
First Horizon Advisors
Memphis,
Tennessee
| – | -$8.41K | -282 | Closed |
|
|
DA
207
Denali Advisors
San Diego,
California
| – | -$3.46K | -116 | Closed |
|
208
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$3.12K | -108 | Closed |
|
|
VNA
209
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$1K | -55 | Closed |
|
210
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$931 | -35 | Closed |
|
|
BIA
211
Bell Investment Advisors
Oakland,
California
| – | -$478 | -16 | Closed |
|
SGRY Hedge Fund Activity: Q2 2024 in Review
179 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2024, worth a combined $3.38B — down 17% from $4.08B a quarter earlier.
Fund positioning in SGRY was balanced in Q2 2024: 32 funds opened new positions, 32 closed out, 86 added to existing stakes and 47 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $46.4M. The largest seller was Durable Capital Partners, cutting an estimated $48.8M.
- 179 institutional investors held Surgery Partners (SGRY) as of Q2 2024, down from 180 in Q1 2024.
- Funds reported $3.38B of Surgery Partners stock for Q2 2024, down 17% quarter-over-quarter.
- 32 funds opened new Surgery Partners positions in Q2 2024 and 32 closed out, a net change of 0 holders.
- The largest Surgery Partners buyer in Q2 2024 was Janus Henderson Group, an estimated $46.4M added.
- The largest Surgery Partners seller in Q2 2024 was Durable Capital Partners, an estimated $48.8M sold.
Based on aggregated 13F filings for Q2 2024.