Surgery Partners
SGRY
86 hedge funds and large institutions have $378M 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.
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
13% more capital invested
Capital invested by funds: $333M → $378M (+$44.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 87 → 86 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$8.82M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
+$5.6M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$4.5M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$3.05M |
| 5 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$17.9M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$9.07M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$7.56M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$2.37M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$1.61M |
SGRY Hedge Fund Activity: Q3 2016 in Review
86 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q3 2016, worth a combined $378M — up 13% from $333M 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 $378M of Surgery Partners stock for Q3 2016, up 13% 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.