Surgery Partners
SGRY
80 hedge funds and large institutions have $466M invested in Surgery Partners in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 18 reducing their positions, and 11 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 18
1% more funds holding
Funds holding: 79 → 80 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0.35% more ownership
Funds ownership: 96.95% → 97.3% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less capital invested
Capital invested by funds: $782M → $466M (-$317M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$8.54M |
| 2 |
ClearBridge Investments
New York
|
+$3.75M |
| 3 |
BlackRock
New York
|
+$2.81M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$2.66M |
| 5 |
Millennium Management
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$10.5M |
| 2 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$9.57M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.01M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.27M |
| 5 |
Renaissance Technologies
New York
|
-$2.71M |
SGRY Hedge Fund Activity: Q4 2018 in Review
80 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2018, worth a combined $466M — down 40% from $782M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SGRY positions and 11 closed out — a net gain of 1 holder — while 36 added to existing stakes and 18 trimmed.
The largest buyer was Highland Capital Management (Texas), adding an estimated $8.54M. The largest seller was Redmile Group, exiting entirely with an estimated $10.5M sold.
- 80 institutional investors held Surgery Partners (SGRY) as of Q4 2018, up from 79 in Q3 2018.
- Funds reported $466M of Surgery Partners stock for Q4 2018, down 40% quarter-over-quarter.
- 12 funds opened new Surgery Partners positions in Q4 2018 and 11 closed out, a net change of +1 holder.
- The largest Surgery Partners buyer in Q4 2018 was Highland Capital Management (Texas), an estimated $8.54M added.
- The largest Surgery Partners seller in Q4 2018 was Redmile Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2018.