Larry Robbins' Glenview Capital Buys More Lifepoint Hospitals (LPNT) ~ market folly

Wednesday, February 27, 2013

Larry Robbins' Glenview Capital Buys More Lifepoint Hospitals (LPNT)

Larry Robbins' hedge fund firm Glenview Capital filed a 13G with the SEC regarding its position in Lifepoint Hospitals (LPNT).  Per the filing, Glenview has revealed a 6.79% ownership stake in LPNT with 3,186,280 shares.  The filing was made due to portfolio activity on February 14th.

This marks a 32% increase in the amount of shares they own since the end of 2012.  Hospitals are a big theme for Robbins, as Glenview's portfolio is revealed in the newly released issue of our Hedge Fund Wisdom newsletter.

Per Google Finance, LifePoint Hospitals "operates general acute care hospitals in non-urban communities in the United States."


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