Tenet Healthcare
325 hedge funds and large institutions have $4.89B invested in Tenet Healthcare in 2014 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 122 increasing their positions, 102 reducing their positions, and 45 closing their positions.
36% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 45
20% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 102
4% more funds holding
Funds holding: 312 → 325 (+13)
0.88% less ownership
Funds ownership: 99.11% → 98.24% (-0.88%)
15% less capital invested
Capital invested by funds: $5.76B → $4.89B (-$870M)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
74% less call options, than puts
Call options by funds: $47.7M | Put options by funds: $185M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$75.3M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$51.2M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$41.9M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$35M |
| 5 |
JP Morgan Chase
New York
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$117M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$115M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$79.1M |
| 4 |
Goldman Sachs
New York
|
-$70.4M |
| 5 |
VAM
Visium Asset Management
New York
|
-$44.3M |
THC Hedge Fund Activity: Q4 2014 in Review
325 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2014, worth a combined $4.89B — down 15% from $5.76B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new THC positions and 45 closed out — a net gain of 16 holders — while 122 added to existing stakes and 102 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $75.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $117M sold.
- 325 institutional investors held Tenet Healthcare (THC) as of Q4 2014, up from 312 in Q3 2014.
- Funds reported $4.89B of Tenet Healthcare stock for Q4 2014, down 15% quarter-over-quarter.
- 61 funds opened new Tenet Healthcare positions in Q4 2014 and 45 closed out, a net change of +16 holders.
- The largest Tenet Healthcare buyer in Q4 2014 was Waddell & Reed Financial, an estimated $75.3M added.
- The largest Tenet Healthcare seller in Q4 2014 was Capital Growth Management, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2014.