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Surgery Partners

151 hedge funds and large institutions have $4.48B invested in Surgery Partners in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 63 increasing their positions, 40 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 40

26% more capital invested

Capital invested by funds: $3.56B → $4.48B (+$927M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6% less funds holding

Funds holding: 161151 (-10)

28% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 29

40.34% less ownership

Funds ownership: 143.26%102.91% (-40%)

92% less call options, than puts

Call options by funds: $495K | Put options by funds: $6.15M

Holders
151
Holders Change
-10
Holders Change %
-6.21%
% of All Funds
2.41%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
63
Reduced
40
Closed
29
Calls
$495K
Puts
$6.15M
Net Calls
-$5.65M
Net Calls Change
-$6.44M
Name Holding Trade Value Shares
Change
Change in
Stake
BCI
1
Bain Capital Investors
Massachusetts
$2.01B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$652M +$16.7M +513,573 +3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$239M +$4.93M +151,794 +2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$229M +$25M +769,792 +13%
ClearBridge Investments
5
ClearBridge Investments
New York
$192M +$2.78M +85,490 +2%
DCP
6
Durable Capital Partners
Maryland
$188M -$13.1M -404,526 -7%
BlackRock
7
BlackRock
New York
$131M +$4.67M +143,719 +4%
APM
8
Avidity Partners Management
Texas
$116M +$7.92M +243,900 +8%
Invesco
9
Invesco
Georgia
$99.7M +$38.9M +1,196,654 +71%
Point72 Asset Management
10
Point72 Asset Management
Connecticut
$63.1M -$11.7M -361,779 -16%
State Street
11
State Street
Massachusetts
$43M +$2.74M +84,470 +7%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$41.7M +$4.71M +145,203 +14%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$39.3M -$3.54M -108,898 -9%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$32.2M +$14.9M +458,864 +97%
ITP
15
Iron Triangle Partners
Connecticut
$28.1M -$15.1M -464,448 -36%
HRCM
16
Hood River Capital Management
Florida
$27.3M +$1.04M +31,909 +4%
Victory Capital Management
17
Victory Capital Management
Texas
$26.4M +$390K +12,007 +2%
Northern Trust
18
Northern Trust
Illinois
$18.8M +$765K +23,577 +5%
Norges Bank
19
Norges Bank
Norway
$17.9M +$2.73M +84,012 +19%
N
20
Nuveen
North Carolina
$16.8M -$299K -9,203 -2%
Charles Schwab
21
Charles Schwab
California
$16M +$934K +28,764 +7%
American Century Companies
22
American Century Companies
Missouri
$14.6M +$140K +4,321 +1%
WCM Investment Management
23
WCM Investment Management
California
$13.4M +$90.6K +2,791 +0.7%
UBS AM
24
UBS AM
Illinois
$13.4M +$113K +3,494 +0.9%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$12.3M +$11.6M +358,252 New

SGRY Hedge Fund Activity: Q1 2023 in Review

151 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q1 2023, worth a combined $4.48B — up 26% from $3.56B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of SGRY and 21 opened new positions — a net loss of 8 holders — while 40 trimmed existing stakes and 63 added.

The largest buyer was Invesco, adding an estimated $38.9M. The largest seller was Iron Triangle Partners, cutting an estimated $15.1M.

  • 151 institutional investors held Surgery Partners (SGRY) as of Q1 2023, down from 161 in Q4 2022.
  • Funds reported $4.48B of Surgery Partners stock for Q1 2023, up 26% quarter-over-quarter.
  • 21 funds opened new Surgery Partners positions in Q1 2023 and 29 closed out, a net change of -8 holders.
  • The largest Surgery Partners buyer in Q1 2023 was Invesco, an estimated $38.9M added.
  • The largest Surgery Partners seller in Q1 2023 was Iron Triangle Partners, an estimated $15.1M sold.

Based on aggregated 13F filings for Q1 2023.