Tenet Healthcare
THC
265 hedge funds and large institutions have $3.93B invested in Tenet Healthcare in 2019 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 79 increasing their positions, 89 reducing their positions, and 32 closing their positions.
123% more call options, than puts
Call options by funds: $169M | Put options by funds: $75.8M
84% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 32
63% more capital invested
Capital invested by funds: $2.42B → $3.93B (+$1.51B)
8% more funds holding
Funds holding: 246 → 265 (+19)
6.52% less ownership
Funds ownership: 106.16% → 99.65% (-6.5%)
11% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 89
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$17.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.3M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$11.7M |
| 4 |
Two Sigma Investments
New York
|
+$11.5M |
| 5 |
BlackRock
New York
|
+$9.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$103M |
| 2 |
CCP
Cyrus Capital Partners
New York
|
-$35.4M |
| 3 |
SCM
Stonehill Capital Management
New York
|
-$29.6M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$27M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$19.5M |
THC Hedge Fund Activity: Q4 2019 in Review
265 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2019, worth a combined $3.93B — up 63% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new THC positions and 32 closed out — a net gain of 27 holders — while 79 added to existing stakes and 89 trimmed.
The largest buyer was Federated Hermes, adding an estimated $17.2M. The largest seller was Davidson Kempner Capital Management, cutting an estimated $103M.
- 265 institutional investors held Tenet Healthcare (THC) as of Q4 2019, up from 246 in Q3 2019.
- Funds reported $3.93B of Tenet Healthcare stock for Q4 2019, up 63% quarter-over-quarter.
- 59 funds opened new Tenet Healthcare positions in Q4 2019 and 32 closed out, a net change of +27 holders.
- The largest Tenet Healthcare buyer in Q4 2019 was Federated Hermes, an estimated $17.2M added.
- The largest Tenet Healthcare seller in Q4 2019 was Davidson Kempner Capital Management, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2019.