We are live on ! Find out more
THC icon

Tenet Healthcare
THC

233 hedge funds and large institutions have $1.82B invested in Tenet Healthcare in 2017 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 73 increasing their positions, 73 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more call options, than puts

Call options by funds: $146M | Put options by funds: $129M

0% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 73

4% less funds holding

Funds holding: 243 → 233 (-10)

7.83% less ownership

Funds ownership: 126.88% → 119.04% (-7.8%)

13% less capital invested

Capital invested by funds: $2.1B → $1.82B (-$278M)

18% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 50

23% less funds holding in top 10

Funds holding in top 10: 13 → 10 (-3)

Holders
233
Holders Change
-10
Holders Change %
-4.12%
% of All Funds
5.28%
Holding in Top 10
10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-23.08%
% of All Funds
0.23%
New
41
Increased
73
Reduced
73
Closed
50
Calls
$146M
Puts
$129M
Net Calls
+$16.6M
Net Calls Change
+$11.5M

Top Buyers

1
DKCM
Davidson Kempner Capital Management
New York
+$38M
2
LBA
Letko, Brosseau & Associates
Quebec, Canada
+$28.1M
3
NCM
Nantahala Capital Management
Connecticut
+$23.2M
4
Millennium Management
Millennium Management
New York
+$21M
5
Goldman Sachs
Goldman Sachs
New York
+$16.6M

Top Sellers

1
Franklin Resources
Franklin Resources
California
-$82.2M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$70.5M
3
HM
HealthCor Management
New York
-$22.2M
4
ACG
Anchorage Capital Group
New York
-$19.7M
5
CHCM
Columbus Hill Capital Management
New Jersey
-$14.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Legal & General Group
51
Legal & General Group
United Kingdom
$4.93M -$155K -11,048 -3%
SRF
52
Silver Rock Financial
California
$4.71M +$153K +10,880 +4%
JP Morgan Chase
53
JP Morgan Chase
New York
$4.63M -$648K -46,065 -13%
HSBC Holdings
54
HSBC Holdings
United Kingdom
$4.18M +$908K +64,485 +31%
DCP
55
Diameter Capital Partners
New York
$4.17M +$3.87M +275,000 New
TCIM
56
TIAA CREF Investment Management
New York
$4.03M -$286K -20,321 -7%
HCM
57
Highbridge Capital Management
New York
$3.96M -$1.27M -90,000 -26%
Deutsche Bank
58
Deutsche Bank
Germany
$3.89M +$2.35M +166,873 +186%
CC
59
Carlson Capital
Texas
$3.79M -$1.41M -100,000 -29%
WAM
60
Winslow Asset Management
Ohio
$3.71M -$137K -9,730 -4%
Ameriprise
61
Ameriprise
Minnesota
$3.7M -$48.9K -3,472 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
62
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$3.62M – – –
CA
63
Continental Advisors
Utah
$3.61M +$1.06M +75,500 +46%
Point72 Asset Management
64
Point72 Asset Management
Connecticut
$3.56M -$671K -47,660 -17%
SCM
65
Stonehill Capital Management
New York
$3.41M – – –
Nomura Holdings
66
Nomura Holdings
Japan
$3.41M -$211K -15,000 -6%
LOAMU
67
Lombard Odier Asset Management (USA)
New York
$3.35M +$2.35M +167,092 +309%
AIG
68
American International Group
New York
$3.34M +$9.01K +640 +0.3%
SGH
69
Sivik Global Healthcare
Connecticut
$3.03M +$2.81M +200,000 New
PCM
70
Proxima Capital Management
New York
$3.02M -$14.1K -1,000 -0.5%
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.94M +$224K +15,940 +9%
AQR Capital Management
72
AQR Capital Management
Connecticut
$2.69M +$2.32M +164,609 +1,280%
PC
73
Pomelo Capital
New York
$2.63M +$563K +40,000 +30%
Swiss National Bank
74
Swiss National Bank
Switzerland
$2.55M – – –
New York State Teachers Retirement System (NYSTRS)
75
New York State Teachers Retirement System (NYSTRS)
New York
$2.51M – – –
1 2
3
4 5

THC Hedge Fund Activity: Q4 2017 in Review

233 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2017, worth a combined $1.82B — down 13% from $2.1B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of THC and 41 opened new positions — a net loss of 9 holders — while 73 trimmed existing stakes and 73 added.

The largest buyer was Davidson Kempner Capital Management, adding an estimated $38M. The largest seller was Franklin Resources, exiting entirely with an estimated $82.2M sold.

  • 233 institutional investors held Tenet Healthcare (THC) as of Q4 2017, down from 243 in Q3 2017.
  • Funds reported $1.82B of Tenet Healthcare stock for Q4 2017, down 13% quarter-over-quarter.
  • 41 funds opened new Tenet Healthcare positions in Q4 2017 and 50 closed out, a net change of -9 holders.
  • The largest Tenet Healthcare buyer in Q4 2017 was Davidson Kempner Capital Management, an estimated $38M added.
  • The largest Tenet Healthcare seller in Q4 2017 was Franklin Resources, an estimated $82.2M sold.

Based on aggregated 13F filings for Q4 2017.