Tenet Healthcare
332 hedge funds and large institutions have $5.69B invested in Tenet Healthcare in 2015 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 128 increasing their positions, 97 reducing their positions, and 37 closing their positions.
70% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 37
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
42% more call options, than puts
Call options by funds: $412M | Put options by funds: $291M
32% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 97
17% more capital invested
Capital invested by funds: $4.86B → $5.69B (+$831M)
7% more funds holding
Funds holding: 309 → 332 (+23)
0.6% less ownership
Funds ownership: 99.71% → 99.11% (-0.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$73.6M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$60.3M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$50M |
| 4 |
Barclays
London,
United Kingdom
|
+$27.3M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
-$78.2M |
| 2 |
EM
Elliott Management
New York
|
-$50.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.4M |
| 5 |
AIM
Assured Investment Management
New York
|
-$28.3M |
THC Hedge Fund Activity: Q2 2015 in Review
332 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q2 2015, worth a combined $5.69B — up 17% from $4.86B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new THC positions and 37 closed out — a net gain of 26 holders — while 128 added to existing stakes and 97 trimmed.
The largest buyer was Millennium Management, adding an estimated $73.6M. The largest seller was Perry Capital, exiting entirely with an estimated $78.2M sold.
- 332 institutional investors held Tenet Healthcare (THC) as of Q2 2015, up from 309 in Q1 2015.
- Funds reported $5.69B of Tenet Healthcare stock for Q2 2015, up 17% quarter-over-quarter.
- 63 funds opened new Tenet Healthcare positions in Q2 2015 and 37 closed out, a net change of +26 holders.
- The largest Tenet Healthcare buyer in Q2 2015 was Millennium Management, an estimated $73.6M added.
- The largest Tenet Healthcare seller in Q2 2015 was Perry Capital, an estimated $78.2M sold.
Based on aggregated 13F filings for Q2 2015.