Surgery Partners
SGRY
209 hedge funds and large institutions have $3.34B invested in Surgery Partners in 2025 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 54 increasing their positions, 66 reducing their positions, and 35 closing their positions.
262% more call options, than puts
Call options by funds: $62.9M | Put options by funds: $17.4M
83% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 35
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
14% more funds holding
Funds holding: 183 → 209 (+26)
11% more capital invested
Capital invested by funds: $3B → $3.34B (+$339M)
1.37% less ownership
Funds ownership: 111.39% → 110.02% (-1.4%)
18% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$54.8M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$52.1M |
| 3 |
TAL
TIG Advisors LLC
New York
|
+$46.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.6M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$146M |
| 2 |
BlackRock
New York
|
-$37.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$37.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$29.6M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
-$21.1M |
SGRY Hedge Fund Activity: Q1 2025 in Review
209 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q1 2025, worth a combined $3.34B — up 11% from $3B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new SGRY positions and 35 closed out — a net gain of 29 holders — while 54 added to existing stakes and 66 trimmed.
The largest buyer was Pentwater Capital Management, adding an estimated $54.8M. The largest seller was Fidelity Investments, cutting an estimated $146M.
- 209 institutional investors held Surgery Partners (SGRY) as of Q1 2025, up from 183 in Q4 2024.
- Funds reported $3.34B of Surgery Partners stock for Q1 2025, up 11% quarter-over-quarter.
- 64 funds opened new Surgery Partners positions in Q1 2025 and 35 closed out, a net change of +29 holders.
- The largest Surgery Partners buyer in Q1 2025 was Pentwater Capital Management, an estimated $54.8M added.
- The largest Surgery Partners seller in Q1 2025 was Fidelity Investments, an estimated $146M sold.
Based on aggregated 13F filings for Q1 2025.