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Surgery Partners

98 hedge funds and large institutions have $558M invested in Surgery Partners in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more call options, than puts

Call options by funds: $648K | Put options by funds: $274K

82% more capital invested

Capital invested by funds: $307M → $558M (+$251M)

80% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 15

13% more funds holding

Funds holding: 8798 (+11)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.02% less ownership

Funds ownership: 95.5%95.48% (-0.02%)

20% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 30

Holders
98
Holders Change
+11
Holders Change %
+12.64%
% of All Funds
2.01%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
27
Increased
24
Reduced
30
Closed
15
Calls
$648K
Puts
$274K
Net Calls
+$374K
Net Calls Change
+$359K
Name Holding Trade Value Shares
Change
Change in
Stake
BCI
1
Bain Capital Investors
Massachusetts
$306M
ClearBridge Investments
2
ClearBridge Investments
New York
$41.9M +$1.02M +93,437 +3%
KSCM
3
King Street Capital Management
New York
$22.1M
Vanguard Group
4
Vanguard Group
Pennsylvania
$20.4M +$4.64M +423,371 +32%
BlackRock
5
BlackRock
New York
$18.6M -$571K -52,130 -3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$16M +$1.63M +148,278 +12%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$13.6M -$1.87M -170,900 -13%
RA
8
Royce & Associates
New York
$10.7M -$1.89M -172,500 -16%
CP
9
Centerbridge Partners
New York
$10.6M -$1.29M -117,763 -11%
Millennium Management
10
Millennium Management
New York
$9.95M +$9.42M +859,513 New
ITP
11
Iron Triangle Partners
Connecticut
$7.83M +$7.42M +676,652 New
JP Morgan Chase
12
JP Morgan Chase
New York
$7.3M -$2.04M -185,868 -23%
State Street
13
State Street
Massachusetts
$5.64M +$266K +24,277 +5%
KCM
14
Kennedy Capital Management
Missouri
$5.23M +$891K +81,257 +22%
WCM Investment Management
15
WCM Investment Management
California
$5.11M +$4.84M +441,970 New
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$4.76M +$4.51M +411,206 New
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$4.23M +$352K +32,145 +9%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$4.07M +$3.86M +351,804 New
Northern Trust
19
Northern Trust
Illinois
$4.01M +$450K +41,092 +13%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$3.88M +$119K +10,867 +3%
BCM
21
Bridgeway Capital Management
Texas
$3.31M +$1.47M +134,300 +88%
Bank of America
22
Bank of America
North Carolina
$3.29M +$171K +15,575 +6%
N
23
Nuveen
North Carolina
$2.37M -$293K -26,702 -12%
DCM
24
Dimension Capital Management
Florida
$1.99M -$203K -18,562 -10%
Charles Schwab
25
Charles Schwab
California
$1.56M +$34.3K +3,131 +2%

SGRY Hedge Fund Activity: Q2 2020 in Review

98 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2020, worth a combined $558M — up 82% from $307M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SGRY positions and 15 closed out — a net gain of 12 holders — while 24 added to existing stakes and 30 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $9.42M. The largest seller was Goldman Sachs, cutting an estimated $4.61M.

  • 98 institutional investors held Surgery Partners (SGRY) as of Q2 2020, up from 87 in Q1 2020.
  • Funds reported $558M of Surgery Partners stock for Q2 2020, up 82% quarter-over-quarter.
  • 27 funds opened new Surgery Partners positions in Q2 2020 and 15 closed out, a net change of +12 holders.
  • The largest Surgery Partners buyer in Q2 2020 was Millennium Management, an estimated $9.42M added.
  • The largest Surgery Partners seller in Q2 2020 was Goldman Sachs, an estimated $4.61M sold.

Based on aggregated 13F filings for Q2 2020.