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Surgery Partners

86 hedge funds and large institutions have $362M invested in Surgery Partners in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 29

8% more capital invested

Capital invested by funds: $335M → $362M (+$27.2M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

1% less funds holding

Funds holding: 8786 (-1)

Holders
86
Holders Change
-1
Holders Change %
-1.15%
% of All Funds
2.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
35
Reduced
29
Closed
11
Calls
$417K
Puts
Net Calls
+$417K
Net Calls Change
+$153K
Name Holding Trade Value Shares
Change
Change in
Stake
VNIM
1
Vaughan Nelson Investment Management
Texas
$45.7M -$9.07M -494,075 -18%
TCM
2
TimesSquare Capital Management
New York
$37.8M -$2.37M -129,200 -6%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$31.4M +$8.82M +480,316 +45%
Vanguard Group
4
Vanguard Group
Pennsylvania
$27.3M +$677K +36,864 +3%
Jennison Associates
5
Jennison Associates
New York
$24.7M -$1.39M -75,894 -6%
PCM
6
Peregrine Capital Management
Minnesota
$21.7M +$19.7M +1,072,192 New
ClearBridge Investments
7
ClearBridge Investments
New York
$21.1M -$52K -2,832 -0.3%
CAM
8
Cortina Asset Management
Wisconsin
$18.9M +$4.5M +244,811 +36%
Adage Capital Partners
9
Adage Capital Partners
Massachusetts
$15.2M
SCM
10
Stonerise Capital Management
California
$12.4M -$667K -36,300 -6%
EAM
11
Eagle Asset Management
Florida
$10.2M -$222K -12,110 -2%
BFA
12
BlackRock Fund Advisors
California
$9.67M +$679K +36,951 +8%
PC
13
Pier Capital
Connecticut
$6.17M +$5.6M +304,682 New
State Street
14
State Street
Massachusetts
$5.02M +$238K +12,935 +5%
BIT
15
BlackRock Institutional Trust
California
$4.91M +$1.22M +66,461 +38%
SEI Investments
16
SEI Investments
Pennsylvania
$4.86M -$402K -21,900 -8%
Northern Trust
17
Northern Trust
Illinois
$4.81M +$24.2K +1,316 +0.6%
Natixis Advisors
18
Natixis Advisors
Massachusetts
$4.39M -$913K -49,705 -19%
Millennium Management
19
Millennium Management
New York
$4.12M -$1.07M -58,497 -22%
HCMT
20
Highland Capital Management (Texas)
Texas
$3.36M +$3.05M +165,868 New
FAM
21
Fred Alger Management
New York
$3.3M -$69.9K -3,808 -2%
Marshall Wace
22
Marshall Wace
United Kingdom
$3.25M -$211K -11,511 -7%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$3.1M +$137K +7,474 +5%
Bank of America
24
Bank of America
North Carolina
$2.59M +$672K +36,572 +40%
RJA
25
Raymond James & Associates
Florida
$2.43M +$1.41M +76,672 +177%

SGRY Hedge Fund Activity: Q3 2016 in Review

86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q3 2016, worth a combined $362M — up 8.1% from $335M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of SGRY and 10 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 35 added.

The largest buyer was Neuberger Berman Group, adding an estimated $8.82M. The largest seller was Wells Fargo, cutting an estimated $17.9M.

  • 86 institutional investors held Surgery Partners (SGRY) as of Q3 2016, down from 87 in Q2 2016.
  • Funds reported $362M of Surgery Partners stock for Q3 2016, up 8.1% quarter-over-quarter.
  • 10 funds opened new Surgery Partners positions in Q3 2016 and 11 closed out, a net change of -1 holder.
  • The largest Surgery Partners buyer in Q3 2016 was Neuberger Berman Group, an estimated $8.82M added.
  • The largest Surgery Partners seller in Q3 2016 was Wells Fargo, an estimated $17.9M sold.

Based on aggregated 13F filings for Q3 2016.