Tenet Healthcare
261 hedge funds and large institutions have $2.81B invested in Tenet Healthcare in 2016 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 85 increasing their positions, 97 reducing their positions, and 54 closing their positions.
0% less call options, than puts
Call options by funds: $52.4M | Put options by funds: $52.6M
5% less capital invested
Capital invested by funds: $2.95B → $2.81B (-$143M)
1.97% less ownership
Funds ownership: 104.49% → 102.53% (-2%)
5% less funds holding
Funds holding: 274 → 261 (-13)
12% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 97
19% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 54
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$51.8M |
| 2 |
O
OrbiMed
New York
|
+$27M |
| 3 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$20.4M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$16.1M |
| 5 |
NM
Nokota Management
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$34M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$33.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$24.1M |
| 4 |
GA
Glenhill Advisors
New York
|
-$20.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$19.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Victory Capital Management
San Antonio,
Texas
| – | -$38K | -1,308 | Closed |
|
302
Mitsubishi UFJ Asset Management
Tokyo,
Japan
| – | -$25K | -870 | Closed |
|
|
PAM
303
PartnerRe Asset Management
Greenwich,
Connecticut
| – | -$19K | -667 | Closed |
|
|
PAIA
304
Park Avenue Institutional Advisers
New York
| – | -$18K | -628 | Closed |
|
305
Bessemer Group
Woodbridge,
New Jersey
| – | -$12K | -408 | Closed |
|
|
GLI
306
Guardian Life Insurance
New York
| – | -$11K | -369 | Closed |
|
307
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$7K | -237 | Closed |
|
|
WIC
308
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$1K | -50 | Closed |
|
|
LNB
309
Ledyard National Bank
| – | -$1K | -42 | Closed |
|
|
MSFP
310
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| – | -$1K | -27 | Closed |
|
|
NR
311
Newfound Research
Wellesley Hills,
Massachusetts
| – | +$325 | +11 | New |
|
|
ACS
312
Archford Capital Strategies
Swansea,
Illinois
| – | +$502 | +17 | New |
|
THC Hedge Fund Activity: Q2 2016 in Review
261 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q2 2016, worth a combined $2.81B — down 4.9% from $2.95B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of THC and 44 opened new positions — a net loss of 10 holders — while 97 trimmed existing stakes and 85 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $51.8M. The largest seller was Vanguard Group, cutting an estimated $34M.
- 261 institutional investors held Tenet Healthcare (THC) as of Q2 2016, down from 274 in Q1 2016.
- Funds reported $2.81B of Tenet Healthcare stock for Q2 2016, down 4.9% quarter-over-quarter.
- 44 funds opened new Tenet Healthcare positions in Q2 2016 and 54 closed out, a net change of -10 holders.
- The largest Tenet Healthcare buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $51.8M added.
- The largest Tenet Healthcare seller in Q2 2016 was Vanguard Group, an estimated $34M sold.
Based on aggregated 13F filings for Q2 2016.