Tenet Healthcare
THC
681 hedge funds and large institutions have $15B invested in Tenet Healthcare in 2026 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 234 increasing their positions, 264 reducing their positions, and 102 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less capital invested
Capital invested by funds: $15.5B → $15B (-$477M)
5% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 102
1.23% less ownership
Funds ownership: 94.31% → 93.09% (-1.2%)
2% less funds holding
Funds holding: 695 → 681 (-14)
11% less repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 264
27% less call options, than puts
Call options by funds: $178M | Put options by funds: $242M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$248M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$191M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$166M |
| 4 |
GCM
Glenview Capital Management
New York
|
+$131M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$695M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$426M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$393M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$107M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$88.4M |
THC Hedge Fund Activity: Q2 2026 in Review
681 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q2 2026, worth a combined $15B — down 3.1% from $15.5B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of THC and 97 opened new positions — a net loss of 5 holders — while 264 trimmed existing stakes and 234 added.
The largest buyer was Citadel Advisors, adding an estimated $248M. The largest seller was Fidelity Investments, cutting an estimated $695M.
- 681 institutional investors held Tenet Healthcare (THC) as of Q2 2026, down from 695 in Q1 2026.
- Funds reported $15B of Tenet Healthcare stock for Q2 2026, down 3.1% quarter-over-quarter.
- 97 funds opened new Tenet Healthcare positions in Q2 2026 and 102 closed out, a net change of -5 holders.
- The largest Tenet Healthcare buyer in Q2 2026 was Citadel Advisors, an estimated $248M added.
- The largest Tenet Healthcare seller in Q2 2026 was Fidelity Investments, an estimated $695M sold.
Based on aggregated 13F filings for Q2 2026.