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Tenet Healthcare

690 hedge funds and large institutions have $15.5B invested in Tenet Healthcare in 2026 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 234 increasing their positions, 271 reducing their positions, and 102 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less first-time investments, than exits

New positions opened: 99 | Existing positions closed: 102

1.99% less ownership

Funds ownership: 96.27%94.28% (-2%)

2% less funds holding

Funds holding: 705690 (-15)

8% less capital invested

Capital invested by funds: $16.8B → $15.5B (-$1.33B)

14% less call options, than puts

Call options by funds: $92.9M | Put options by funds: $108M

14% less repeat investments, than reductions

Existing positions increased: 234 | Existing positions reduced: 271

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

Holders
690
Holders Change
-15
Holders Change %
-2.13%
% of All Funds
8.49%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
99
Increased
234
Reduced
271
Closed
102
Calls
$92.9M
Puts
$108M
Net Calls
-$14.7M
Net Calls Change
-$136M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.64B +$35.6M +168,752 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.47B +$28.3M +134,397 +2%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$1.42B +$5.98M +28,392 +0.4%
VPM
4
Vanguard Portfolio Management
Pennsylvania
$815M +$910M +4,316,887 New
VCM
5
Vanguard Capital Management
Pennsylvania
$738M +$824M +3,911,408 New
Boston Partners
6
Boston Partners
Massachusetts
$724M +$40.6M +192,825 +5%
State Street
7
State Street
Massachusetts
$513M +$4.75M +22,534 +0.8%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$443M +$255M +1,209,118 +106%
LPC
9
Lone Pine Capital
Connecticut
$426M +$99.3M +471,391 +26%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$364M +$43.6M +206,884 +12%
Invesco
11
Invesco
Georgia
$337M -$39.7M -188,251 -10%
GCM
12
Glenview Capital Management
New York
$288M -$96.7M -458,899 -23%
Ameriprise
13
Ameriprise
Minnesota
$282M -$52M -246,839 -14%
AQR Capital Management
14
AQR Capital Management
Connecticut
$272M -$171M -813,951 -36%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$227M -$15.8M -74,897 -6%
Morgan Stanley
16
Morgan Stanley
New York
$150M -$9.45M -44,859 -5%
EC
17
Eminence Capital
New York
$149M +$37.2M +176,341 +29%
Northern Trust
18
Northern Trust
Illinois
$148M +$3.13M +14,863 +2%
Bank of America
19
Bank of America
North Carolina
$146M -$89.8M -426,247 -36%
Allianz Asset Management
20
Allianz Asset Management
Germany
$145M -$21.1M -99,966 -12%
Victory Capital Management
21
Victory Capital Management
Texas
$145M +$7.69M +36,483 +5%
AllianceBernstein
22
AllianceBernstein
Tennessee
$139M -$8.71M -41,333 -6%
Pacer Advisors
23
Pacer Advisors
Pennsylvania
$128M +$52.4M +248,482 +58%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$127M +$51.6M +244,901 +57%
Qube Research & Technologies (QRT)
25
Qube Research & Technologies (QRT)
United Kingdom
$123M +$105M +499,399 +324%

THC Hedge Fund Activity: Q1 2026 in Review

690 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q1 2026, worth a combined $15.5B — down 7.9% from $16.8B a quarter earlier.

Sellers outnumbered buyers: 102 funds closed out of THC and 99 opened new positions — a net loss of 3 holders — while 271 trimmed existing stakes and 234 added.

The largest buyer was Wellington Management Group, adding an estimated $255M. The largest seller was D.E. Shaw & Co, cutting an estimated $196M.

  • 690 institutional investors held Tenet Healthcare (THC) as of Q1 2026, down from 705 in Q4 2025.
  • Funds reported $15.5B of Tenet Healthcare stock for Q1 2026, down 7.9% quarter-over-quarter.
  • 99 funds opened new Tenet Healthcare positions in Q1 2026 and 102 closed out, a net change of -3 holders.
  • The largest Tenet Healthcare buyer in Q1 2026 was Wellington Management Group, an estimated $255M added.
  • The largest Tenet Healthcare seller in Q1 2026 was D.E. Shaw & Co, an estimated $196M sold.

Based on aggregated 13F filings for Q1 2026.