Tenet Healthcare
274 hedge funds and large institutions have $2.95B invested in Tenet Healthcare in 2016 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 92 increasing their positions, 94 reducing their positions, and 51 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.03% less ownership
Funds ownership: 104.52% → 104.49% (-0.03%)
2% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 94
6% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 51
2% less funds holding
Funds holding: 279 → 274 (-5)
6% less capital invested
Capital invested by funds: $3.15B → $2.95B (-$199M)
36% less call options, than puts
Call options by funds: $66M | Put options by funds: $103M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.8M |
| 2 |
BM
Bridger Management
New York
|
+$22.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.5M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$13.4M |
| 5 |
NTC
North Tide Capital
Boston,
Massachusetts
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Stelliam Investment Management
New York
|
-$70.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.9M |
| 4 |
Goldman Sachs
New York
|
-$15.6M |
| 5 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$15.2M |
THC Hedge Fund Activity: Q1 2016 in Review
274 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q1 2016, worth a combined $2.95B — down 6.3% from $3.15B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of THC and 48 opened new positions — a net loss of 3 holders — while 94 trimmed existing stakes and 92 added.
The largest buyer was Fidelity Investments, adding an estimated $64.8M. The largest seller was Stelliam Investment Management, exiting entirely with an estimated $70.3M sold.
- 274 institutional investors held Tenet Healthcare (THC) as of Q1 2016, down from 279 in Q4 2015.
- Funds reported $2.95B of Tenet Healthcare stock for Q1 2016, down 6.3% quarter-over-quarter.
- 48 funds opened new Tenet Healthcare positions in Q1 2016 and 51 closed out, a net change of -3 holders.
- The largest Tenet Healthcare buyer in Q1 2016 was Fidelity Investments, an estimated $64.8M added.
- The largest Tenet Healthcare seller in Q1 2016 was Stelliam Investment Management, an estimated $70.3M sold.
Based on aggregated 13F filings for Q1 2016.