Tenet Healthcare
566 hedge funds and large institutions have $12.1B invested in Tenet Healthcare in 2025 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 212 increasing their positions, 193 reducing their positions, and 93 closing their positions.
52% more call options, than puts
Call options by funds: $235M | Put options by funds: $155M
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
6% more capital invested
Capital invested by funds: $11.5B → $12.1B (+$644M)
10% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 193
3% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 93
1.48% less ownership
Funds ownership: 95.51% → 94.03% (-1.5%)
2% less funds holding
Funds holding: 577 → 566 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$213M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$201M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$171M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$134M |
| 5 |
Millennium Management
New York
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$484M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$153M |
| 3 |
BlackRock
New York
|
-$139M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$110M |
| 5 |
Goldman Sachs
New York
|
-$105M |
THC Hedge Fund Activity: Q1 2025 in Review
566 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q1 2025, worth a combined $12.1B — up 5.6% from $11.5B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of THC and 90 opened new positions — a net loss of 3 holders — while 193 trimmed existing stakes and 212 added.
The largest buyer was Citadel Advisors, adding an estimated $213M. The largest seller was Pacer Advisors, exiting entirely with an estimated $484M sold.
- 566 institutional investors held Tenet Healthcare (THC) as of Q1 2025, down from 577 in Q4 2024.
- Funds reported $12.1B of Tenet Healthcare stock for Q1 2025, up 5.6% quarter-over-quarter.
- 90 funds opened new Tenet Healthcare positions in Q1 2025 and 93 closed out, a net change of -3 holders.
- The largest Tenet Healthcare buyer in Q1 2025 was Citadel Advisors, an estimated $213M added.
- The largest Tenet Healthcare seller in Q1 2025 was Pacer Advisors, an estimated $484M sold.
Based on aggregated 13F filings for Q1 2025.