We are live on ! Find out more
SGRY icon

Surgery Partners
SGRY

92 hedge funds and large institutions have $287M invested in Surgery Partners in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 25

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

37.35% more ownership

Funds ownership: 0% → 37.35% (+37%)

7% more funds holding

Funds holding: 86 → 92 (+6)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

21% less capital invested

Capital invested by funds: $362M → $287M (-$74.8M)

Holders
92
Holders Change
+6
Holders Change %
+6.98%
% of All Funds
2.3%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
17
Increased
39
Reduced
25
Closed
11
Calls
$220K
Puts
–
Net Calls
+$220K
Net Calls Change
-$197K

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$10.9M
2
ClearBridge Investments
ClearBridge Investments
New York
+$7.91M
3
Wells Fargo
Wells Fargo
California
+$5.12M
4
JP Morgan Chase
JP Morgan Chase
New York
+$4.1M
5
TCM
TimesSquare Capital Management
New York
+$3.26M

Top Sellers

1
VNIM
Vaughan Nelson Investment Management
Texas
-$23.3M
2
SCM
Stonerise Capital Management
California
-$6.32M
3
Jennison Associates
Jennison Associates
New York
-$3.35M
4
FAM
Fred Alger Management
New York
-$3.3M
5
Natixis Advisors
Natixis Advisors
Massachusetts
-$2.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
TCM
1
TimesSquare Capital Management
New York
$32.7M +$3.26M +196,200 +11%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$25.2M +$657K +39,500 +3%
ClearBridge Investments
3
ClearBridge Investments
New York
$24.1M +$7.91M +475,541 +46%
Vanguard Group
4
Vanguard Group
Pennsylvania
$22.8M +$1.52M +91,601 +7%
PCM
5
Peregrine Capital Management
Minnesota
$17.2M +$268K +16,100 +2%
Jennison Associates
6
Jennison Associates
New York
$16.1M -$3.35M -201,573 -17%
CAM
7
Cortina Asset Management
Wisconsin
$13.7M -$1.14M -68,593 -7%
VNIM
8
Vaughan Nelson Investment Management
Texas
$13.6M -$23.3M -1,402,925 -62%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$10.4M +$10.9M +653,943 New
Adage Capital Partners
10
Adage Capital Partners
Massachusetts
$10.3M -$1.66M -100,000 -13%
EAM
11
Eagle Asset Management
Florida
$9.95M +$2.01M +121,094 +24%
BFA
12
BlackRock Fund Advisors
California
$9.02M +$1.52M +91,124 +19%
PC
13
Pier Capital
Connecticut
$6.11M +$1.34M +80,614 +26%
BIT
14
BlackRock Institutional Trust
California
$5.91M +$2.16M +129,944 +54%
Wells Fargo
15
Wells Fargo
California
$4.99M +$5.12M +308,120 +4,767%
SEI Investments
16
SEI Investments
Pennsylvania
$4.31M +$530K +31,900 +13%
State Street
17
State Street
Massachusetts
$4.25M +$330K +19,842 +8%
JP Morgan Chase
18
JP Morgan Chase
New York
$3.91M +$4.1M +246,600 New
Millennium Management
19
Millennium Management
New York
$3.71M +$512K +30,765 +15%
SCM
20
Stonerise Capital Management
California
$3.7M -$6.32M -380,211 -62%
Northern Trust
21
Northern Trust
Illinois
$3.57M -$201K -12,113 -5%
RJA
22
Raymond James & Associates
Florida
$2.9M +$1.05M +62,905 +52%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$2.75M +$331K +19,931 +13%
Bank of America
24
Bank of America
North Carolina
$2.42M +$405K +24,344 +19%
Marshall Wace
25
Marshall Wace
United Kingdom
$2.01M -$561K -33,732 -21%
1
2 3 4 5

SGRY Hedge Fund Activity: Q4 2016 in Review

92 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2016, worth a combined $287M — down 21% from $362M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SGRY positions and 11 closed out — a net gain of 6 holders — while 39 added to existing stakes and 25 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $10.9M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $23.3M.

  • 92 institutional investors held Surgery Partners (SGRY) as of Q4 2016, up from 86 in Q3 2016.
  • Funds reported $287M of Surgery Partners stock for Q4 2016, down 21% quarter-over-quarter.
  • 17 funds opened new Surgery Partners positions in Q4 2016 and 11 closed out, a net change of +6 holders.
  • The largest Surgery Partners buyer in Q4 2016 was Fidelity Investments, an estimated $10.9M added.
  • The largest Surgery Partners seller in Q4 2016 was Vaughan Nelson Investment Management, an estimated $23.3M sold.

Based on aggregated 13F filings for Q4 2016.