Surgery Partners
SGRY
79 hedge funds and large institutions have $782M invested in Surgery Partners in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 20 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
10% more capital invested
Capital invested by funds: $711M → $782M (+$71.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.57% less ownership
Funds ownership: 97.52% → 96.95% (-0.57%)
4% less funds holding
Funds holding: 82 → 79 (-3)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $597K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$8.16M |
| 2 |
Renaissance Technologies
New York
|
+$3.71M |
| 3 |
ClearBridge Investments
New York
|
+$2.29M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$1.73M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$10.3M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$7.45M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.2M |
| 4 |
SFM
Soros Fund Management
New York
|
-$1.99M |
| 5 |
BlackRock
New York
|
-$1.51M |
SGRY Hedge Fund Activity: Q3 2018 in Review
79 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q3 2018, worth a combined $782M — up 10% from $711M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SGRY and 17 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Pictet Asset Management (UK), opening a new position worth an estimated $8.16M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $10.3M sold.
- 79 institutional investors held Surgery Partners (SGRY) as of Q3 2018, down from 82 in Q2 2018.
- Funds reported $782M of Surgery Partners stock for Q3 2018, up 10% quarter-over-quarter.
- 17 funds opened new Surgery Partners positions in Q3 2018 and 20 closed out, a net change of -3 holders.
- The largest Surgery Partners buyer in Q3 2018 was Pictet Asset Management (UK), an estimated $8.16M added.
- The largest Surgery Partners seller in Q3 2018 was TimesSquare Capital Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2018.