Tenet Healthcare
252 hedge funds and large institutions have $2.01B invested in Tenet Healthcare in 2017 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 88 increasing their positions, 76 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
33% more capital invested
Capital invested by funds: $1.51B → $2.01B (+$495M)
16% more call options, than puts
Call options by funds: $62.3M | Put options by funds: $53.5M
16% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 76
10.75% more ownership
Funds ownership: 102.1% → 112.85% (+11%)
5% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 44
2% less funds holding
Funds holding: 257 → 252 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$285M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$74.2M |
| 3 |
NTC
North Tide Capital
Boston,
Massachusetts
|
+$37.1M |
| 4 |
O
OrbiMed
New York
|
+$30.3M |
| 5 |
Goldman Sachs
New York
|
+$27.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$22.2M |
| 2 |
Renaissance Technologies
New York
|
-$19.7M |
| 3 |
HEC
Hudson Executive Capital
New York
|
-$18.3M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$15.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$11.1M |
THC Hedge Fund Activity: Q1 2017 in Review
252 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q1 2017, worth a combined $2.01B — up 33% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new THC positions and 44 closed out — a net gain of 2 holders — while 88 added to existing stakes and 76 trimmed.
The largest buyer was BlackRock, adding an estimated $285M. The largest seller was Elliott Management, exiting entirely with an estimated $22.2M sold.
- 252 institutional investors held Tenet Healthcare (THC) as of Q1 2017, down from 257 in Q4 2016.
- Funds reported $2.01B of Tenet Healthcare stock for Q1 2017, up 33% quarter-over-quarter.
- 46 funds opened new Tenet Healthcare positions in Q1 2017 and 44 closed out, a net change of +2 holders.
- The largest Tenet Healthcare buyer in Q1 2017 was BlackRock, an estimated $285M added.
- The largest Tenet Healthcare seller in Q1 2017 was Elliott Management, an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2017.