Tenet Healthcare
290 hedge funds and large institutions have $4.69B invested in Tenet Healthcare in 2014 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 84 increasing their positions, 118 reducing their positions, and 33 closing their positions.
24% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 33
11% more capital invested
Capital invested by funds: $4.23B → $4.69B (+$458M)
2% more funds holding
Funds holding: 285 → 290 (+5)
0.37% more ownership
Funds ownership: 101.97% → 102.34% (+0.37%)
21% less call options, than puts
Call options by funds: $98M | Put options by funds: $124M
29% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 118
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$113M |
| 2 |
VAM
Visium Asset Management
New York
|
+$85.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$39M |
| 4 |
Millennium Management
New York
|
+$37.9M |
| 5 |
CCI
Columbus Circle Investors
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$84.2M |
| 2 |
RCM
Roystone Capital Management
New York
|
-$36.4M |
| 3 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$36.2M |
| 4 |
RG
Redmile Group
San Francisco,
California
|
-$33.8M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$26.3M |
THC Hedge Fund Activity: Q2 2014 in Review
290 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q2 2014, worth a combined $4.69B — up 11% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new THC positions and 33 closed out — a net gain of 8 holders — while 84 added to existing stakes and 118 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $113M. The largest seller was Goldman Sachs, cutting an estimated $84.2M.
- 290 institutional investors held Tenet Healthcare (THC) as of Q2 2014, up from 285 in Q1 2014.
- Funds reported $4.69B of Tenet Healthcare stock for Q2 2014, up 11% quarter-over-quarter.
- 41 funds opened new Tenet Healthcare positions in Q2 2014 and 33 closed out, a net change of +8 holders.
- The largest Tenet Healthcare buyer in Q2 2014 was Waddell & Reed Financial, an estimated $113M added.
- The largest Tenet Healthcare seller in Q2 2014 was Goldman Sachs, an estimated $84.2M sold.
Based on aggregated 13F filings for Q2 2014.