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Surgery Partners

80 hedge funds and large institutions have $539M invested in Surgery Partners in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more call options, than puts

Call options by funds: $407K | Put options by funds: $308K

17% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 23

17% more capital invested

Capital invested by funds: $460M → $539M (+$79.6M)

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

0.68% more ownership

Funds ownership: 97.3%97.98% (+0.68%)

0% more funds holding

Funds holding: 8080 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
80
Holders Change
Holders Change %
0%
% of All Funds
1.73%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
27
Reduced
23
Closed
10
Calls
$407K
Puts
$308K
Net Calls
+$99K
Net Calls Change
+$99K
Name Holding Trade Value Shares
Change
Change in
Stake
BCI
1
Bain Capital Investors
Massachusetts
$298M
NIPH
2
NN Investment Partners Holdings
Netherlands
$43.4M -$13.1M -1,040,048 -21%
ClearBridge Investments
3
ClearBridge Investments
New York
$41.4M +$1.74M +138,158 +4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$17.5M -$868K -68,921 -4%
BlackRock
5
BlackRock
New York
$15.7M -$735K -58,386 -4%
ECP
6
Elk Creek Partners
Colorado
$15.5M +$877K +69,669 +5%
HCMT
7
Highland Capital Management (Texas)
Texas
$14.1M +$2.34M +185,904 +17%
RA
8
Royce & Associates
New York
$11.9M +$157K +12,500 +1%
AAM
9
AMI Asset Management
California
$8.41M -$326K -25,873 -3%
PAMU
10
Pictet Asset Management (UK)
United Kingdom
$7.63M +$873K +69,293 +11%
Millennium Management
11
Millennium Management
New York
$7.47M +$6.28M +499,004 +306%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$6.35M -$30.2K -2,400 -0.4%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$6.03M +$6.73M +534,500 New
Citadel Advisors
14
Citadel Advisors
Florida
$5.24M +$2.76M +219,096 +89%
JP Morgan Chase
15
JP Morgan Chase
New York
$4.24M +$1.08M +86,052 +30%
State Street
16
State Street
Massachusetts
$4.02M -$1.24M -98,536 -22%
BCM
17
Bridgeway Capital Management
Texas
$3.35M +$497K +39,500 +15%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$2.59M +$103K +8,217 +4%
Northern Trust
19
Northern Trust
Illinois
$2.54M +$149K +11,816 +6%
KCM
20
Kennedy Capital Management
Missouri
$2.35M -$1.27M -100,823 -33%
Bank of America
21
Bank of America
North Carolina
$2.12M +$430K +34,134 +22%
CCM
22
Camber Capital Management
Massachusetts
$1.81M
EVM
23
Eaton Vance Management
Massachusetts
$1.35M
WAM
24
Wolverine Asset Management
Illinois
$1.18M -$333K -26,410 -20%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$1.18M +$38.6K +3,068 +3%

SGRY Hedge Fund Activity: Q1 2019 in Review

80 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q1 2019, worth a combined $539M — up 17% from $460M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new SGRY positions and 10 closed out — a net gain of 1 holder — while 27 added to existing stakes and 23 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $6.73M. The largest seller was NN Investment Partners Holdings, cutting an estimated $13.1M.

  • 80 institutional investors held Surgery Partners (SGRY) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $539M of Surgery Partners stock for Q1 2019, up 17% quarter-over-quarter.
  • 11 funds opened new Surgery Partners positions in Q1 2019 and 10 closed out, a net change of +1 holder.
  • The largest Surgery Partners buyer in Q1 2019 was Fidelity Investments, an estimated $6.73M added.
  • The largest Surgery Partners seller in Q1 2019 was NN Investment Partners Holdings, an estimated $13.1M sold.

Based on aggregated 13F filings for Q1 2019.