Tenet Healthcare
279 hedge funds and large institutions have $3.15B invested in Tenet Healthcare in 2015 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 101 increasing their positions, 93 reducing their positions, and 75 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more call options, than puts
Call options by funds: $102M | Put options by funds: $79.1M
2.11% more ownership
Funds ownership: 102.35% → 104.46% (+2.1%)
9% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 93
10% less funds holding
Funds holding: 311 → 279 (-32)
16% less capital invested
Capital invested by funds: $3.76B → $3.15B (-$608M)
39% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
+$71.9M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$55.8M |
| 3 |
Goldman Sachs
New York
|
+$53M |
| 4 |
GCM
Glenview Capital Management
New York
|
+$45.9M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$58.1M |
| 2 |
VAM
Visium Asset Management
New York
|
-$57.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$48.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$45.6M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$22.9M |
THC Hedge Fund Activity: Q4 2015 in Review
279 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2015, worth a combined $3.15B — down 16% from $3.76B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of THC and 46 opened new positions — a net loss of 29 holders — while 93 trimmed existing stakes and 101 added.
The largest buyer was Glenhill Advisors, opening a new position worth an estimated $71.9M. The largest seller was Bank of America, cutting an estimated $58.1M.
- 279 institutional investors held Tenet Healthcare (THC) as of Q4 2015, down from 311 in Q3 2015.
- Funds reported $3.15B of Tenet Healthcare stock for Q4 2015, down 16% quarter-over-quarter.
- 46 funds opened new Tenet Healthcare positions in Q4 2015 and 75 closed out, a net change of -29 holders.
- The largest Tenet Healthcare buyer in Q4 2015 was Glenhill Advisors, an estimated $71.9M added.
- The largest Tenet Healthcare seller in Q4 2015 was Bank of America, an estimated $58.1M sold.
Based on aggregated 13F filings for Q4 2015.