Tenet Healthcare
311 hedge funds and large institutions have $3.76B invested in Tenet Healthcare in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 118 increasing their positions, 113 reducing their positions, and 60 closing their positions.
18% more call options, than puts
Call options by funds: $135M | Put options by funds: $115M
3.25% more ownership
Funds ownership: 99.11% → 102.35% (+3.2%)
4% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 113
6% less funds holding
Funds holding: 332 → 311 (-21)
33% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 60
34% less capital invested
Capital invested by funds: $5.69B → $3.76B (-$1.93B)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$109M |
| 2 |
VAM
Visium Asset Management
New York
|
+$99.1M |
| 3 |
GCM
Glenview Capital Management
New York
|
+$87.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$75.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$81M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$67M |
| 3 |
Millennium Management
New York
|
-$62.2M |
| 4 |
Neuberger Berman Group
New York
|
-$45.1M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$37.9M |
THC Hedge Fund Activity: Q3 2015 in Review
311 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q3 2015, worth a combined $3.76B — down 34% from $5.69B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of THC and 40 opened new positions — a net loss of 20 holders — while 113 trimmed existing stakes and 118 added.
The largest buyer was Bank of America, adding an estimated $109M. The largest seller was Wellington Management Group, exiting entirely with an estimated $81M sold.
- 311 institutional investors held Tenet Healthcare (THC) as of Q3 2015, down from 332 in Q2 2015.
- Funds reported $3.76B of Tenet Healthcare stock for Q3 2015, down 34% quarter-over-quarter.
- 40 funds opened new Tenet Healthcare positions in Q3 2015 and 60 closed out, a net change of -20 holders.
- The largest Tenet Healthcare buyer in Q3 2015 was Bank of America, an estimated $109M added.
- The largest Tenet Healthcare seller in Q3 2015 was Wellington Management Group, an estimated $81M sold.
Based on aggregated 13F filings for Q3 2015.