Tenet Healthcare
278 hedge funds and large institutions have $3.96B invested in Tenet Healthcare in 2020 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 64 increasing their positions, 109 reducing their positions, and 23 closing their positions.
148% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 23
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
78% more call options, than puts
Call options by funds: $124M | Put options by funds: $69.5M
60% more capital invested
Capital invested by funds: $2.48B → $3.96B (+$1.48B)
13% more funds holding
Funds holding: 245 → 278 (+33)
1.69% less ownership
Funds ownership: 95.68% → 94% (-1.7%)
41% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$64.5M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$15.4M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$12.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12.7M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$48.5M |
| 2 |
JP Morgan Chase
New York
|
-$33.2M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$27.9M |
| 4 |
CHCM
Columbus Hill Capital Management
Short Hills,
New Jersey
|
-$23.6M |
| 5 |
HM
HealthCor Management
New York
|
-$22.1M |
THC Hedge Fund Activity: Q4 2020 in Review
278 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q4 2020, worth a combined $3.96B — up 60% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new THC positions and 23 closed out — a net gain of 34 holders — while 64 added to existing stakes and 109 trimmed.
The largest buyer was Camber Capital Management, adding an estimated $64.5M. The largest seller was Glenview Capital Management, cutting an estimated $48.5M.
- 278 institutional investors held Tenet Healthcare (THC) as of Q4 2020, up from 245 in Q3 2020.
- Funds reported $3.96B of Tenet Healthcare stock for Q4 2020, up 60% quarter-over-quarter.
- 57 funds opened new Tenet Healthcare positions in Q4 2020 and 23 closed out, a net change of +34 holders.
- The largest Tenet Healthcare buyer in Q4 2020 was Camber Capital Management, an estimated $64.5M added.
- The largest Tenet Healthcare seller in Q4 2020 was Glenview Capital Management, an estimated $48.5M sold.
Based on aggregated 13F filings for Q4 2020.