Tenet Healthcare
246 hedge funds and large institutions have $2.42B invested in Tenet Healthcare in 2019 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 96 increasing their positions, 66 reducing their positions, and 35 closing their positions.
181% more call options, than puts
Call options by funds: $119M | Put options by funds: $42.4M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
45% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 66
11% more capital invested
Capital invested by funds: $2.18B → $2.42B (+$245M)
3.4% more ownership
Funds ownership: 102.77% → 106.16% (+3.4%)
3% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 35
0% more funds holding
Funds holding: 245 → 246 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$33.2M |
| 2 |
CCP
Cyrus Capital Partners
New York
|
+$31M |
| 3 |
BlackRock
New York
|
+$26.3M |
| 4 |
Morgan Stanley
New York
|
+$24.1M |
| 5 |
SCM
Stonehill Capital Management
New York
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$30.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$18.6M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$14.9M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$13.8M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$10M |
THC Hedge Fund Activity: Q3 2019 in Review
246 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q3 2019, worth a combined $2.42B — up 11% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new THC positions and 35 closed out — a net gain of 1 holder — while 96 added to existing stakes and 66 trimmed.
The largest buyer was Glenview Capital Management, adding an estimated $33.2M. The largest seller was PFM Health Sciences, exiting entirely with an estimated $30.7M sold.
- 246 institutional investors held Tenet Healthcare (THC) as of Q3 2019, up from 245 in Q2 2019.
- Funds reported $2.42B of Tenet Healthcare stock for Q3 2019, up 11% quarter-over-quarter.
- 36 funds opened new Tenet Healthcare positions in Q3 2019 and 35 closed out, a net change of +1 holder.
- The largest Tenet Healthcare buyer in Q3 2019 was Glenview Capital Management, an estimated $33.2M added.
- The largest Tenet Healthcare seller in Q3 2019 was PFM Health Sciences, an estimated $30.7M sold.
Based on aggregated 13F filings for Q3 2019.