Surgery Partners
SGRY
202 hedge funds and large institutions have $3.21B invested in Surgery Partners in 2025 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 85 increasing their positions, 58 reducing their positions, and 43 closing their positions.
194% more call options, than puts
Call options by funds: $95.7M | Put options by funds: $32.5M
47% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 58
2.59% more ownership
Funds ownership: 110.02% → 112.61% (+2.6%)
4% less capital invested
Capital invested by funds: $3.34B → $3.21B (-$129M)
9% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 43
3% less funds holding
Funds holding: 209 → 202 (-7)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$94.6M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$42.8M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$34M |
| 4 |
Janus Henderson Group
London,
|
+$29.2M |
| 5 |
KSCM
King Street Capital Management
New York
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$168M |
| 2 |
HPCM
Hein Park Capital Management
New York
|
-$32.6M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$21.1M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$20M |
| 5 |
WCM Investment Management
Laguna Beach,
California
|
-$12.2M |
SGRY Hedge Fund Activity: Q2 2025 in Review
202 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Surgery Partners (SGRY) for Q2 2025, worth a combined $3.21B — down 3.9% from $3.34B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of SGRY and 39 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 85 added.
The largest buyer was Pentwater Capital Management, adding an estimated $94.6M. The largest seller was Wellington Management Group, exiting entirely with an estimated $168M sold.
- 202 institutional investors held Surgery Partners (SGRY) as of Q2 2025, down from 209 in Q1 2025.
- Funds reported $3.21B of Surgery Partners stock for Q2 2025, down 3.9% quarter-over-quarter.
- 39 funds opened new Surgery Partners positions in Q2 2025 and 43 closed out, a net change of -4 holders.
- The largest Surgery Partners buyer in Q2 2025 was Pentwater Capital Management, an estimated $94.6M added.
- The largest Surgery Partners seller in Q2 2025 was Wellington Management Group, an estimated $168M sold.
Based on aggregated 13F filings for Q2 2025.