Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in THC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 8.7M | $1.64B | +2.0% | 9.936% | 0.03% |
| 2 | FMR LLC | 7.8M | $1.47B | +1.8% | 8.877% | 0.08% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.3M | $814.6M | — | 4.928% | 0.04% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 3.9M | $738.1M | — | 4.465% | 0.02% |
| 5 | Boston Partners | 3.8M | $723.7M | +5.3% | 4.377% | 0.76% |
| 6 | STATE STREET CORP | 2.7M | $512.5M | +0.8% | 3.100% | 0.02% |
| 7 | WELLINGTON MANAGEMENT GROUP LLP | 2.3M | $442.5M | +106.5% | 2.677% | 0.08% |
| 8 | LONE PINE CAPITAL LLC | 2.3M | $426.2M | +26.4% | 2.578% | 3.40% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 1.9M | $364.4M | +12.0% | 2.204% | 0.02% |
| 10 | Invesco Ltd. | 1.8M | $337.2M | -9.5% | 2.040% | 0.05% |
| 11 | GLENVIEW CAPITAL MANAGEMENT, LLC | 1.5M | $287.8M | -23.1% | 1.740% | 7.78% |
| 12 | AMERIPRISE FINANCIAL INC | 1.5M | $281.6M | -14.2% | 1.703% | 0.07% |
| 13 | AQR CAPITAL MANAGEMENT LLC | 1.4M | $272.2M | -36.1% | 1.647% | 0.12% |
| 14 | DIMENSIONAL FUND ADVISORS LP | 1.2M | $226.6M | -5.9% | 1.371% | 0.05% |
| 15 | MORGAN STANLEY | 796K | $150.2M | -5.3% | 0.908% | 0.01% |
| 16 | EMINENCE CAPITAL, LP | 790K | $149.1M | +28.7% | 0.902% | 3.42% |
| 17 | NORTHERN TRUST CORP | 785K | $148.2M | +1.9% | 0.896% | 0.02% |
| 18 | BANK OF AMERICA CORP /DE/ | 772K | $145.7M | -35.6% | 0.881% | 0.01% |
| 19 | Allianz Asset Management GmbH | 768K | $145.0M | -11.5% | 0.877% | 0.16% |
| 20 | VICTORY CAPITAL MANAGEMENT INC | 768K | $144.9M | +5.0% | 0.877% | 0.09% |
| 21 | ALLIANCEBERNSTEIN L.P. | 699K | $138.9M | -5.6% | 0.798% | 0.04% |
| 22 | Pacer Advisors, Inc. | 679K | $128.0M | — | 0.774% | 0.34% |
| 23 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 672K | $126.8M | +57.4% | 0.767% | 0.07% |
| 24 | Qube Research & Technologies Ltd | 659K | $124.3M | +286.6% | 0.752% | 0.15% |
| 25 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 652K | $123.0M | +2.8% | 0.744% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in THC — a direct measure of their conviction.
Filings activity in THC during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 677 | 1.2% | 89.27% | 9.30 pp | $13.66B | 9.4% |
| Q4 2025 | 685 | +3.8% | 98.57% | 1.98 pp | $15.08B | 2.0% |
| Q3 2025 | 660 | +7.8% | 100.55% | +9.99 pp | $15.39B | +11% |
| Q2 2025 | 612 | +11% | 90.56% | +23.26 pp | $13.86B | +35% |
| Q1 2025 | 549 | 2.7% | 67.30% | 0.31 pp | $10.30B | 0.5% |
| Q4 2024 | 564 | 3.9% | 67.61% | 14.79 pp | $10.35B | 18% |
| Q3 2024 | 587 | +14% | 82.40% | +16.35 pp | $12.61B | +25% |
| Q2 2024 | 516 | — | 66.05% | — | $10.11B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying THC stock.
Based on Q1 2026 13F filings, institutional ownership of Tenet Healthcare Corporation stands at 89.3%, held across 677 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of THC, with approximately 8,704,644 shares worth $1.64B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of THC, including LONE PINE CAPITAL LLC.
Our composite Smart Money Score for THC is 34 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
108 institutions opened new positions in THC during Q1 2026, while 116 fully exited. 162 added to existing positions and 404 trimmed.
THC institutional ownership fell by 9.30 percentage points quarter-over-quarter, with a net change of -8 holders.
The top 10 institutions account for 54.7% of all reported 13F value in THC, and the top 25 account for 73.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Tenet Healthcare Corporation (THC) Institutional Ownership