8 Knots Management 13F annual report
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.
$709 billion Assets Under Management (AUM)
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.
Careers at 8 Knots Management
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.
Recent trades
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.
One of the average hedge funds
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.
Scott Green investment strategy
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.
The complete list of 8 Knots Management trades based on 13F SEC filings
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 | |||
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