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Surgery Partners

98 hedge funds and large institutions have $716M invested in Surgery Partners in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 28 increasing their positions, 29 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

372% more call options, than puts

Call options by funds: $236K | Put options by funds: $50K

104% more capital invested

Capital invested by funds: $351M → $716M (+$364M)

83% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 12

11% more funds holding

Funds holding: 8898 (+10)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 29

4.96% less ownership

Funds ownership: 96.07%91.11% (-5%)

Holders
98
Holders Change
+10
Holders Change %
+11.36%
% of All Funds
1.93%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
22
Increased
28
Reduced
29
Closed
12
Calls
$236K
Puts
$50K
Net Calls
+$186K
Net Calls Change
+$133K
Name Holding Trade Value Shares
Change
Change in
Stake
BCI
1
Bain Capital Investors
Massachusetts
$414M
ClearBridge Investments
2
ClearBridge Investments
New York
$58.8M -$84.3K -7,432 -0.2%
BlackRock
3
BlackRock
New York
$27.9M +$214K +18,867 +1%
RA
4
Royce & Associates
New York
$22.1M -$177K -15,593 -1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$19.8M -$1.12M -98,323 -7%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$16.9M +$2.57M +226,841 +27%
KSCM
7
King Street Capital Management
New York
$15.7M +$9.98M +879,526 +730%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$14.8M
Goldman Sachs
9
Goldman Sachs
New York
$11.4M -$9.54M -840,938 -54%
ECP
10
Elk Creek Partners
Colorado
$11M -$7.52M -662,927 -49%
PAMU
11
Pictet Asset Management (UK)
United Kingdom
$10.1M +$31.6K +2,782 +0.4%
State Street
12
State Street
Massachusetts
$7.83M +$579K +51,036 +11%
Millennium Management
13
Millennium Management
New York
$7.14M -$2.23M -196,235 -30%
Citadel Advisors
14
Citadel Advisors
Florida
$6.38M -$2.32M -204,844 -33%
KCM
15
Kennedy Capital Management
Missouri
$5.48M +$41.8K +3,686 +1%
NAM
16
Nexpoint Asset Management
Texas
$5.2M -$7.47M -658,200 -66%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$5.06M +$592K +52,179 +19%
Northern Trust
18
Northern Trust
Illinois
$4.45M +$11.3K +996 +0.4%
BCM
19
Bridgeway Capital Management
Texas
$3.87M
JP Morgan Chase
20
JP Morgan Chase
New York
$3.02M +$549K +48,391 +34%
Bank of America
21
Bank of America
North Carolina
$3M -$25.9K -2,282 -1%
Marshall Wace
22
Marshall Wace
United Kingdom
$2.89M +$1.05M +92,624 +100%
DCM
23
Dimension Capital Management
Florida
$2.89M -$141K -12,403 -6%
N
24
Nuveen
North Carolina
$2.48M -$179K -15,818 -9%
Invesco
25
Invesco
Georgia
$2.24M +$816K +71,923 +101%

SGRY Hedge Fund Activity: Q4 2019 in Review

98 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2019, worth a combined $716M — up 104% from $351M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new SGRY positions and 12 closed out — a net gain of 10 holders — while 28 added to existing stakes and 29 trimmed.

The largest buyer was King Street Capital Management, adding an estimated $9.98M. The largest seller was Goldman Sachs, cutting an estimated $9.54M.

  • 98 institutional investors held Surgery Partners (SGRY) as of Q4 2019, up from 88 in Q3 2019.
  • Funds reported $716M of Surgery Partners stock for Q4 2019, up 104% quarter-over-quarter.
  • 22 funds opened new Surgery Partners positions in Q4 2019 and 12 closed out, a net change of +10 holders.
  • The largest Surgery Partners buyer in Q4 2019 was King Street Capital Management, an estimated $9.98M added.
  • The largest Surgery Partners seller in Q4 2019 was Goldman Sachs, an estimated $9.54M sold.

Based on aggregated 13F filings for Q4 2019.