Tenet Healthcare
309 hedge funds and large institutions have $5.07B invested in Tenet Healthcare in 2021 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 73 increasing their positions, 118 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
97% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 33
95% more call options, than puts
Call options by funds: $81.7M | Put options by funds: $42M
11% more funds holding
Funds holding: 278 → 309 (+31)
10% less capital inflows, than outflows
Capital inflows: $563M | Capital outflows: $626M
2.14% less ownership
Funds ownership: 94% → 91.85% (-2.1%)
38% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
+$105M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$73.9M |
| 3 |
BlackRock
New York
|
+$47.8M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$44M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Glenview Capital Management
New York
|
-$229M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$39M |
| 3 |
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$32.9M |
| 4 |
Nantahala Capital Management
New Canaan,
Connecticut
|
-$27.7M |
| 5 |
Davidson Kempner Capital Management
New York
|
-$26.5M |
THC Hedge Fund Activity: Q1 2021 in Review
309 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q1 2021, worth a combined $5.07B — up 28% from $3.96B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new THC positions and 33 closed out — a net gain of 32 holders — while 73 added to existing stakes and 118 trimmed.
The largest buyer was Centerbridge Partners, opening a new position worth an estimated $105M. The largest seller was Glenview Capital Management, cutting an estimated $229M.
- 309 institutional investors held Tenet Healthcare (THC) as of Q1 2021, up from 278 in Q4 2020.
- Funds reported $5.07B of Tenet Healthcare stock for Q1 2021, up 28% quarter-over-quarter.
- 65 funds opened new Tenet Healthcare positions in Q1 2021 and 33 closed out, a net change of +32 holders.
- The largest Tenet Healthcare buyer in Q1 2021 was Centerbridge Partners, an estimated $105M added.
- The largest Tenet Healthcare seller in Q1 2021 was Glenview Capital Management, an estimated $229M sold.
Based on aggregated 13F filings for Q1 2021.