Glenview Capital Increases Tenet Healthcare Stake Again ~ market folly

Monday, August 10, 2015

Glenview Capital Increases Tenet Healthcare Stake Again

Larry Robbins' hedge fund firm Glenview Capital has filed a Form 4 with the SEC regarding its position in Tenet Healthcare (THC).  Per the filing, Glenview now owns over 15.49 million shares of THC.

Robbins' firm was out buying shares on August 5th and 6th at prices ranging from $53.75 to $55.  In total, they purchased 697,917 shares.

This is the second time Glenview has added to its THC position this summer.

Per Google Finance, Tenet Healthcare is "a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets."

Last week we also detailed additional portfolio activity from Glenview here.


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