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Surgery Partners

87 hedge funds and large institutions have $335M invested in Surgery Partners in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 37 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

26,400% more call options, than puts

Call options by funds: $265K | Put options by funds: $1K

343% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 7

147% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 15

47% more capital invested

Capital invested by funds: $228M → $335M (+$107M)

38% more funds holding

Funds holding: 6387 (+24)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
87
Holders Change
+24
Holders Change %
+38.1%
% of All Funds
2.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
31
Increased
37
Reduced
15
Closed
7
Calls
$265K
Puts
$1K
Net Calls
+$264K
Net Calls Change
+$273K
Name Holding Trade Value Shares
Change
Change in
Stake
VNIM
1
Vaughan Nelson Investment Management
Texas
$49.3M +$8.08M +543,100 +25%
TCM
2
TimesSquare Capital Management
New York
$35.7M +$298K +20,000 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$23.5M +$3.03M +203,651 +18%
Jennison Associates
4
Jennison Associates
New York
$23.2M -$1.94M -130,342 -9%
VOYA Investment Management
5
VOYA Investment Management
Georgia
$20.3M -$812K -54,567 -5%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$19.1M +$15.9M +1,069,434 New
ClearBridge Investments
7
ClearBridge Investments
New York
$18.7M +$2.33M +156,495 +18%
Wells Fargo
8
Wells Fargo
California
$17.5M +$2.51M +168,914 +21%
Adage Capital Partners
9
Adage Capital Partners
Massachusetts
$13.4M
CAM
10
Cortina Asset Management
Wisconsin
$12.3M +$10.2M +688,675 New
SCM
11
Stonerise Capital Management
California
$11.6M +$3.72M +250,000 +63%
EAM
12
Eagle Asset Management
Florida
$9.28M -$1.76M -118,397 -19%
BFA
13
BlackRock Fund Advisors
California
$7.89M +$1.07M +71,835 +19%
Natixis Advisors
14
Natixis Advisors
Massachusetts
$4.77M +$724K +48,632 +22%
SEI Investments
15
SEI Investments
Pennsylvania
$4.69M +$327K +22,000 +9%
Millennium Management
16
Millennium Management
New York
$4.69M +$3.73M +250,821 +2,282%
Northern Trust
17
Northern Trust
Illinois
$4.23M +$1.09M +73,140 +45%
State Street
18
State Street
Massachusetts
$4.21M +$230K +15,443 +7%
Macquarie Group
19
Macquarie Group
Australia
$3.57M +$2.97M +199,700 New
BIT
20
BlackRock Institutional Trust
California
$3.15M +$381K +25,575 +17%
Marshall Wace
21
Marshall Wace
United Kingdom
$3.08M +$2.56M +172,238 New
FAM
22
Fred Alger Management
New York
$2.98M -$2.47M -165,802 -50%
OAM
23
Oxford Asset Management
United Kingdom
$2.97M +$1M +67,285 +68%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$2.61M +$82.7K +5,559 +4%
PI
25
Putnam Investments
Massachusetts
$2.4M

SGRY Hedge Fund Activity: Q2 2016 in Review

87 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2016, worth a combined $335M — up 47% from $228M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new SGRY positions and 7 closed out — a net gain of 24 holders — while 37 added to existing stakes and 15 trimmed.

The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $15.9M. The largest seller was BlackRock Advisors, cutting an estimated $17M.

  • 87 institutional investors held Surgery Partners (SGRY) as of Q2 2016, up from 63 in Q1 2016.
  • Funds reported $335M of Surgery Partners stock for Q2 2016, up 47% quarter-over-quarter.
  • 31 funds opened new Surgery Partners positions in Q2 2016 and 7 closed out, a net change of +24 holders.
  • The largest Surgery Partners buyer in Q2 2016 was Neuberger Berman Group, an estimated $15.9M added.
  • The largest Surgery Partners seller in Q2 2016 was BlackRock Advisors, an estimated $17M sold.

Based on aggregated 13F filings for Q2 2016.