Tenet Healthcare
292 hedge funds and large institutions have $4.06B invested in Tenet Healthcare in 2013 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 92 increasing their positions, 106 reducing their positions, and 35 closing their positions.
66% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 35
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
8% more funds holding
Funds holding: 270 → 292 (+22)
1.98% more ownership
Funds ownership: 95.09% → 97.08% (+2%)
2% more capital invested
Capital invested by funds: $3.98B → $4.06B (+$77.1M)
10% less call options, than puts
Call options by funds: $37M | Put options by funds: $40.9M
13% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$166M |
| 2 |
Goldman Sachs
New York
|
+$74.6M |
| 3 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$47.9M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$35.7M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
-$127M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$100M |
| 3 |
SC
Samlyn Capital
New York
|
-$96.4M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$47.8M |
| 5 |
BM
Bridger Management
New York
|
-$34.8M |
THC Hedge Fund Activity: Q4 2013 in Review
292 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2013, worth a combined $4.06B — up 1.9% from $3.98B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new THC positions and 35 closed out — a net gain of 23 holders — while 92 added to existing stakes and 106 trimmed.
The largest buyer was Glenview Capital Management, adding an estimated $166M. The largest seller was Blue Ridge Capital, exiting entirely with an estimated $127M sold.
- 292 institutional investors held Tenet Healthcare (THC) as of Q4 2013, up from 270 in Q3 2013.
- Funds reported $4.06B of Tenet Healthcare stock for Q4 2013, up 1.9% quarter-over-quarter.
- 58 funds opened new Tenet Healthcare positions in Q4 2013 and 35 closed out, a net change of +23 holders.
- The largest Tenet Healthcare buyer in Q4 2013 was Glenview Capital Management, an estimated $166M added.
- The largest Tenet Healthcare seller in Q4 2013 was Blue Ridge Capital, an estimated $127M sold.
Based on aggregated 13F filings for Q4 2013.