8 Knots Management is an investment fund managing more than $709 billion ran by Scott Green. There are currently 15 companies in Mr. Green’s portfolio. The largest investments include Tenet Healthcare and Encompass Health Corp, together worth $214 billion.
As of 9th May 2024, 8 Knots Management’s top holding is 1,025,730 shares of Tenet Healthcare currently worth over $108 billion and making up 15.2% of the portfolio value.
Relative to the number of outstanding shares of Tenet Healthcare, 8 Knots Management owns more than approximately 0.1% of the company.
In addition, the fund holds 1,288,815 shares of Encompass Health Corp worth $106 billion, whose value grew 36.4% in the past six months.
The third-largest holding is DaVita Inc worth $94.6 billion and the next is Mckesson worth $76.8 billion, with 143,032 shares owned.
Currently, 8 Knots Management's portfolio is worth at least $709 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The 8 Knots Management office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Scott Green serves as the CEO at 8 Knots Management.
In the most recent 13F filing, 8 Knots Management revealed that it had opened a new position in
Brightspring Health Svcs Inc and bought 6,226,111 shares worth $67.7 billion.
The investment fund also strengthened its position in Tenet Healthcare by buying
438,033 additional shares.
This makes their stake in Tenet Healthcare total 1,025,730 shares worth $108 billion.
Tenet Healthcare soared 86.0% in the past year.
On the other hand, there are companies that 8 Knots Management is getting rid of from its portfolio.
8 Knots Management closed its position in Universal Hlth Svcs Inc on 16th May 2024.
It sold the previously owned 262,463 shares for $40 billion.
Scott Green also disclosed a decreased stake in DaVita Inc by 0.2%.
This leaves the value of the investment at $94.6 billion and 685,145 shares.
The two most similar investment funds to 8 Knots Management are Adams Natural Resources Fund, Inc and Hill Investment Partners. They manage $709 billion and $708 billion respectively.
8 Knots Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Health Care — making up 74.4% of
the total portfolio value.
The fund focuses on investments in the United States as
73.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
20% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $14.3 billion.
These positions were updated on May 16th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Tenet Healthcare Corp. |
74.53%
1,025,730
|
$107,814,480,000 | 15.21% |
| Encompass Health Corp |
14.01%
1,288,815
|
$106,430,343,000 | 15.01% |
| DaVita Inc |
19.81%
685,145
|
$94,584,267,000 | 13.34% |
| Mckesson Corporation |
29.70%
143,032
|
$76,786,729,000 | 10.83% |
| Brightspring Health Svcs Inc |
Opened
6,226,111
|
$67,677,827,000 | 9.55% |
| HCA Healthcare Inc |
138.02%
161,527
|
$53,874,100,000 | 7.60% |
| Pennant Group Inc |
34.02%
2,462,553
|
$48,339,915,000 | 6.82% |
| Cencora Inc. |
17.66%
177,785
|
$43,199,977,000 | 6.09% |
| Universal Hlth Svcs Inc |
Closed
262,463
|
$40,009,860,000 | |
| Trupanion Inc |
87.04%
1,297,485
|
$35,823,561,000 | 5.05% |
| Radnet Inc |
Opened
416,630
|
$20,273,216,000 | 2.86% |
| Cardinal Health, Inc. |
48.10%
163,912
|
$18,341,753,000 | 2.59% |
| The Cigna Corp |
81.00%
42,965
|
$15,604,458,000 | 2.20% |
| eHealth Inc |
No change
2,396,187
|
$14,449,008,000 | 2.04% |
| Humana Inc. |
Closed
25,847
|
$11,833,015,000 | |
| Select Med Hldgs Corp |
Opened
163,079
|
$4,916,832,000 | 0.69% |
| Acadia Healthcare Company In |
Closed
33,209
|
$2,582,332,000 | |
| Oscar Health, Inc. |
Closed
246,482
|
$2,255,310,000 | |
| Enhabit, Inc. |
60.93%
74,306
|
$865,665,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 19 holdings | |||