Surgery Partners
SGRY
174 hedge funds and large institutions have $4.32B invested in Surgery Partners in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 78 increasing their positions, 46 reducing their positions, and 23 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
70% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 46
52% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 23
10% more capital invested
Capital invested by funds: $3.94B → $4.32B (+$377M)
6% more funds holding
Funds holding: 164 → 174 (+10)
6.16% less ownership
Funds ownership: 106.57% → 100.41% (-6.2%)
30% less call options, than puts
Call options by funds: $10.5M | Put options by funds: $14.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$132M |
| 2 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
+$30.3M |
| 3 |
BlackRock
New York
|
+$23.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.3M |
| 5 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
-$241M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.7M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$15.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13M |
| 5 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$6.74M |
SGRY Hedge Fund Activity: Q4 2023 in Review
174 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q4 2023, worth a combined $4.32B — up 9.6% from $3.94B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SGRY positions and 23 closed out — a net gain of 12 holders — while 78 added to existing stakes and 46 trimmed.
The largest buyer was Jefferies Financial Group, adding an estimated $132M. The largest seller was Bain Capital Investors, cutting an estimated $241M.
- 174 institutional investors held Surgery Partners (SGRY) as of Q4 2023, up from 164 in Q3 2023.
- Funds reported $4.32B of Surgery Partners stock for Q4 2023, up 9.6% quarter-over-quarter.
- 35 funds opened new Surgery Partners positions in Q4 2023 and 23 closed out, a net change of +12 holders.
- The largest Surgery Partners buyer in Q4 2023 was Jefferies Financial Group, an estimated $132M added.
- The largest Surgery Partners seller in Q4 2023 was Bain Capital Investors, an estimated $241M sold.
Based on aggregated 13F filings for Q4 2023.