Tenet Healthcare
270 hedge funds and large institutions have $3.98B invested in Tenet Healthcare in 2013 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 97 increasing their positions, 107 reducing their positions, and 54 closing their positions.
20% more call options, than puts
Call options by funds: $35.9M | Put options by funds: $29.8M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3.22% more ownership
Funds ownership: 91.88% → 95.09% (+3.2%)
9% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 107
6% less funds holding
Funds holding: 288 → 270 (-18)
9% less capital invested
Capital invested by funds: $4.38B → $3.98B (-$404M)
31% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$130M |
| 2 |
VAM
Visium Asset Management
New York
|
+$53.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$50.8M |
| 4 |
BRC
Blue Ridge Capital
New York
|
+$40.4M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$160M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$44.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$22.5M |
| 5 |
PP
PDT Partners
New York
|
-$16.8M |
THC Hedge Fund Activity: Q3 2013 in Review
270 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q3 2013, worth a combined $3.98B — down 9.2% from $4.38B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of THC and 37 opened new positions — a net loss of 17 holders — while 107 trimmed existing stakes and 97 added.
The largest buyer was Goldman Sachs, adding an estimated $130M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $160M sold.
- 270 institutional investors held Tenet Healthcare (THC) as of Q3 2013, down from 288 in Q2 2013.
- Funds reported $3.98B of Tenet Healthcare stock for Q3 2013, down 9.2% quarter-over-quarter.
- 37 funds opened new Tenet Healthcare positions in Q3 2013 and 54 closed out, a net change of -17 holders.
- The largest Tenet Healthcare buyer in Q3 2013 was Goldman Sachs, an estimated $130M added.
- The largest Tenet Healthcare seller in Q3 2013 was Waddell & Reed Financial, an estimated $160M sold.
Based on aggregated 13F filings for Q3 2013.