Tenet Healthcare
309 hedge funds and large institutions have $4.86B invested in Tenet Healthcare in 2015 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 114 increasing their positions, 111 reducing their positions, and 50 closing their positions.
1.47% more ownership
Funds ownership: 98.24% → 99.71% (+1.5%)
3% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 111
1% less capital invested
Capital invested by funds: $4.89B → $4.86B (-$33.6M)
5% less funds holding
Funds holding: 325 → 309 (-16)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
18% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 50
28% less call options, than puts
Call options by funds: $134M | Put options by funds: $187M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
+$73.9M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$50.9M |
| 3 |
EM
Elliott Management
New York
|
+$47.8M |
| 4 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$44.2M |
| 5 |
SIM
Stelliam Investment Management
New York
|
+$42.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIM
Oracle Investment Management
Greenwich,
Connecticut
|
-$65.5M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$61M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$37.2M |
| 4 |
D.E. Shaw & Co
New York
|
-$32.9M |
| 5 |
QF
QVT Financial
New York
|
-$28.4M |
THC Hedge Fund Activity: Q1 2015 in Review
309 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q1 2015, worth a combined $4.86B — down 0.69% from $4.89B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of THC and 41 opened new positions — a net loss of 9 holders — while 111 trimmed existing stakes and 114 added.
The largest buyer was Perry Capital, opening a new position worth an estimated $73.9M. The largest seller was Oracle Investment Management, exiting entirely with an estimated $65.5M sold.
- 309 institutional investors held Tenet Healthcare (THC) as of Q1 2015, down from 325 in Q4 2014.
- Funds reported $4.86B of Tenet Healthcare stock for Q1 2015, down 0.69% quarter-over-quarter.
- 41 funds opened new Tenet Healthcare positions in Q1 2015 and 50 closed out, a net change of -9 holders.
- The largest Tenet Healthcare buyer in Q1 2015 was Perry Capital, an estimated $73.9M added.
- The largest Tenet Healthcare seller in Q1 2015 was Oracle Investment Management, an estimated $65.5M sold.
Based on aggregated 13F filings for Q1 2015.