Tenet Healthcare
312 hedge funds and large institutions have $5.76B invested in Tenet Healthcare in 2014 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 80 increasing their positions, 129 reducing their positions, and 40 closing their positions.
55% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 40
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
23% more capital invested
Capital invested by funds: $4.69B → $5.76B (+$1.07B)
8% more funds holding
Funds holding: 290 → 312 (+22)
1% more call options, than puts
Call options by funds: $103M | Put options by funds: $102M
3.22% less ownership
Funds ownership: 102.34% → 99.11% (-3.2%)
38% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$110M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$108M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$74.4M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$34.3M |
| 5 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$75.1M |
| 2 |
VAM
Visium Asset Management
New York
|
-$74.9M |
| 3 |
Goldman Sachs
New York
|
-$67.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$49.1M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$42.2M |
THC Hedge Fund Activity: Q3 2014 in Review
312 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q3 2014, worth a combined $5.76B — up 23% from $4.69B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new THC positions and 40 closed out — a net gain of 22 holders — while 80 added to existing stakes and 129 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $110M. The largest seller was Harris Associates, cutting an estimated $75.1M.
- 312 institutional investors held Tenet Healthcare (THC) as of Q3 2014, up from 290 in Q2 2014.
- Funds reported $5.76B of Tenet Healthcare stock for Q3 2014, up 23% quarter-over-quarter.
- 62 funds opened new Tenet Healthcare positions in Q3 2014 and 40 closed out, a net change of +22 holders.
- The largest Tenet Healthcare buyer in Q3 2014 was Capital Growth Management, an estimated $110M added.
- The largest Tenet Healthcare seller in Q3 2014 was Harris Associates, an estimated $75.1M sold.
Based on aggregated 13F filings for Q3 2014.