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Tenet Healthcare

626 hedge funds and large institutions have $15.2B invested in Tenet Healthcare in 2025 Q2 according to their latest regulatory filings, with 126 funds opening new positions, 192 increasing their positions, 237 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 63

39% more call options, than puts

Call options by funds: $346M | Put options by funds: $249M

29% more funds holding in top 10

Funds holding in top 10: 1418 (+4)

26% more capital invested

Capital invested by funds: $12.1B → $15.2B (+$3.12B)

11% more funds holding

Funds holding: 566626 (+60)

0.83% less ownership

Funds ownership: 94.03%93.2% (-0.83%)

19% less repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 237

Holders
626
Holders Change
+60
Holders Change %
+10.6%
% of All Funds
8.24%
Holding in Top 10
18
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+28.57%
% of All Funds
0.24%
New
126
Increased
192
Reduced
237
Closed
63
Calls
$346M
Puts
$249M
Net Calls
+$97.8M
Net Calls Change
+$17.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.67B -$68.5M -455,238 -5%
BlackRock
2
BlackRock
New York
$1.57B -$83.4M -554,264 -6%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.48B -$24.9M -165,185 -2%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$1.27B -$55.8M -370,707 -5%
GCM
5
Glenview Capital Management
New York
$516M -$70M -464,829 -14%
State Street
6
State Street
Massachusetts
$506M -$21.5M -142,507 -5%
Invesco
7
Invesco
Georgia
$494M -$205M -1,364,955 -33%
Boston Partners
8
Boston Partners
Massachusetts
$399M +$166M +1,104,500 +95%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$380M -$6.43M -42,735 -2%
Ameriprise
10
Ameriprise
Minnesota
$373M +$23.6M +157,109 +8%
Citadel Advisors
11
Citadel Advisors
Florida
$322M -$5.79M -38,480 -2%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$261M -$29M -192,962 -12%
Norges Bank
13
Norges Bank
Norway
$207M -$40.6M -269,454 -19%
AQR Capital Management
14
AQR Capital Management
Connecticut
$200M +$38.1M +252,993 +28%
Millennium Management
15
Millennium Management
New York
$178M -$34.1M -226,846 -18%
Bank of America
16
Bank of America
North Carolina
$173M -$42M -279,334 -22%
Northern Trust
17
Northern Trust
Illinois
$146M -$2.55M -16,930 -2%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$142M +$12M +79,990 +11%
AllianceBernstein
19
AllianceBernstein
Tennessee
$139M +$93.9M +624,125 +376%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$134M -$8.29M -55,090 -7%
N
21
Nuveen
North Carolina
$122M -$140M -932,271 -57%
Raymond James Financial
22
Raymond James Financial
Florida
$118M +$32.3M +214,871 +47%
Charles Schwab
23
Charles Schwab
California
$116M -$569K -3,781 -0.6%
Victory Capital Management
24
Victory Capital Management
Texas
$109M -$17.7M -117,388 -16%
Pacer Advisors
25
Pacer Advisors
Pennsylvania
$104M +$88.8M +590,028 New

THC Hedge Fund Activity: Q2 2025 in Review

626 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q2 2025, worth a combined $15.2B — up 26% from $12.1B a quarter earlier.

Buyers outnumbered sellers: 126 funds opened new THC positions and 63 closed out — a net gain of 63 holders — while 192 added to existing stakes and 237 trimmed.

The largest buyer was Boston Partners, adding an estimated $166M. The largest seller was Invesco, cutting an estimated $205M.

  • 626 institutional investors held Tenet Healthcare (THC) as of Q2 2025, up from 566 in Q1 2025.
  • Funds reported $15.2B of Tenet Healthcare stock for Q2 2025, up 26% quarter-over-quarter.
  • 126 funds opened new Tenet Healthcare positions in Q2 2025 and 63 closed out, a net change of +63 holders.
  • The largest Tenet Healthcare buyer in Q2 2025 was Boston Partners, an estimated $166M added.
  • The largest Tenet Healthcare seller in Q2 2025 was Invesco, an estimated $205M sold.

Based on aggregated 13F filings for Q2 2025.