Tenet Healthcare
263 hedge funds and large institutions have $1.81B invested in Tenet Healthcare in 2018 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 103 increasing their positions, 77 reducing their positions, and 40 closing their positions.
318% more call options, than puts
Call options by funds: $91.1M | Put options by funds: $21.8M
34% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 77
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 40
0% more funds holding
Funds holding: 262 → 263 (+1)
3.83% less ownership
Funds ownership: 106.39% → 102.55% (-3.8%)
42% less capital invested
Capital invested by funds: $3.1B → $1.81B (-$1.29B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$41.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.9M |
| 4 |
RCM
Redwood Capital Management
New York
|
+$14.2M |
| 5 |
O
OrbiMed
New York
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$100M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$96.1M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$31.1M |
| 4 |
SCM
Scopia Capital Management
New York
|
-$23.9M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$18M |
THC Hedge Fund Activity: Q4 2018 in Review
263 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2018, worth a combined $1.81B — down 42% from $3.1B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new THC positions and 40 closed out — a net gain of 2 holders — while 103 added to existing stakes and 77 trimmed.
The largest buyer was Camber Capital Management, adding an estimated $41.1M. The largest seller was BlackRock, cutting an estimated $100M.
- 263 institutional investors held Tenet Healthcare (THC) as of Q4 2018, up from 262 in Q3 2018.
- Funds reported $1.81B of Tenet Healthcare stock for Q4 2018, down 42% quarter-over-quarter.
- 42 funds opened new Tenet Healthcare positions in Q4 2018 and 40 closed out, a net change of +2 holders.
- The largest Tenet Healthcare buyer in Q4 2018 was Camber Capital Management, an estimated $41.1M added.
- The largest Tenet Healthcare seller in Q4 2018 was BlackRock, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2018.