HCA Healthcare

HCA • NYSE

HCA Healthcare is a medical - care facilities company in the healthcare sector on NYSE, led by Samuel N. Hazen, with a market cap of $110.40B. As of Q3 2025, 58% of shares are held by 1,252 institutional investors, with VANGUARD GROUP INC as the largest holder at 6.37%.

CEOSamuel N. Hazen

Market Cap$110.40B

Medical - Care Facilities

Healthcare

Employees310.0K

Websitehcahealthcare.com

Country

United States of America

Overview

Overview of institutional ownership in HCA as of Q3 2025 with a market cap of $99.7B

All Institutions

Institutions: 1,252
Value Held: $57.9B
Shares Held: 135.9M
Avg Position: $46.3M
Median Position: $1.0M

Hedge Funds

Hedge Funds: 78
Value Held: $3.3B
Shares Held: 7.8M
Avg Position: $42.3M
Median Position: $2.5M

Ownership Breakdown

Institutional (non-HF)

54.77%

$54.6B

Hedge Funds

3.31%

$3.3B

Retail & Other

41.92%

$41.8B

Based on market cap of $99.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HCA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$6.3B 0.09% of portfolio	6.37% 14.9M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$5.3B 0.09% of portfolio	5.33% 12.5M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
Sanders Capital, LLC Long Only Manager	Lewis Alan Sanders CEO	$4.5B 5.60% of portfolio	4.56% 10.7M shares	Q2 2020 Held for 5y 6m	$81.3B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$3.2B 0.11% of portfolio	3.20% 7.5M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
C Capital World Investors Institution	-	$2.1B 0.29% of portfolio	2.12% 5.0M shares	Q3 2023 Held for 2y 3m	$730.00B
F First Eagle Investment Management, LLC Long Only Manager	Mehdi Asif Mahmud CEO	$1.7B 3.04% of portfolio	1.68% 3.9M shares	Q2 2018 Held for 7y 6m	$54.9B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$1.7B 0.29% of portfolio	1.66% 3.9M shares	≤ Q2 2013 Held for 12y 6m+	$571.21B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.5B 0.10% of portfolio	1.56% 3.7M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.3B 0.08% of portfolio	1.28% 3.0M shares	≤ Q2 2013 Held for 12y 6m+	$1.56T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$907.8M 0.06% of portfolio	0.91% 2.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for HCA in Q3 2025

Traded: −$2.7B
Buyers: 574
Sellers: 549
Total Bought: +$2.1B
Total Sold: −$4.8B
Avg Position: $43.6M

Biggest Buyers

Institution	Net Bought	Current Position
P Pacer Advisors, Inc. Institution	+$382.1M +896.4K shares	$388.3M 911.1K shares
FMR LLC Institution	+$127.9M +300.2K shares	$812.0M 1.9M shares
Z Zurich Insurance Group Ltd/FI Institution	+$112.1M +262.9K shares	$115.0M 269.9K shares
P PUBLIC SECTOR PENSION INVESTMENT BOARD Institution	+$88.3M +207.1K shares	$157.6M 369.7K shares
PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant	+$79.3M +185.9K shares	$81.3M 190.7K shares
Q Quadrature Capital Ltd Institution	+$77.7M +182.3K shares	$85.7M 201.0K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$77.3M +181.5K shares	$170.0M 399.2K shares
C Capital World Investors Institution	+$76.5M +179.4K shares	$2.1B 5.0M shares
GOLDMAN SACHS GROUP INC Institution	+$70.6M +165.6K shares	$772.4M 1.8M shares
A Assenagon Asset Management S.A. Institution	+$47.5M +111.4K shares	$50.0M 117.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
Longview Partners LTD Long Only Manager	−$548.9M −1.3M shares	$117.0M 274.6K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$346.8M −813.8K shares	$235.5M 552.5K shares
VANGUARD GROUP INC Institution	−$247.6M −580.9K shares	$6.3B 14.9M shares
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	−$209.5M −491.6K shares	$588.4M 1.4M shares
BlackRock, Inc. Institution	−$206.1M −483.6K shares	$5.3B 12.5M shares
STATE STREET CORP Institution	−$198.6M −466.1K shares	$3.2B 7.5M shares
Sanders Capital, LLC Long Only Manager	−$182.0M −426.9K shares	$4.5B 10.7M shares
Abdiel Capital Advisors, LP Hedge Fund•Long/Short	−$127.8M −299.9K shares	$147.6M 346.3K shares
JPMORGAN CHASE & CO Institution	−$124.6M −292.3K shares	$1.3B 3.0M shares
F First Eagle Investment Management, LLC Long Only Manager	−$123.8M −290.4K shares	$1.7B 3.9M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HCA in Q3 2025

New Positions: 62
New Value: $24.8M
Exited Positions: 77
Exited Value: $425.9M

New Positions

Institution	Position Value
W WINMILL & CO. INC Institution	$11.3M 26.5K shares
T TEMA ETFS LLC Institution	$1.4M 3.3K shares
MBL Wealth, LLC RIA/Wealth	$1.2M 2.9K shares
P Persistent Asset Partners Ltd Institution	$1.0M 2.4K shares
T TRIGLAV SKLADI, D.O.O. Institution	$852.4K 2.0K shares
B BRIDGER CAPITAL MANAGEMENT, LLC RIA/Wealth	$831.1K 2.0K shares
HOHIMER WEALTH MANAGEMENT, LLC RIA/Wealth	$632.2K 1.5K shares
V Volterra Technologies LP Hedge Fund•Quant	$603.1K 1.4K shares
Sterneck Capital Management, LLC RIA/Wealth	$510.2K 1.2K shares
C Camden Capital, LLC RIA/Wealth	$430.7K 1.0K shares

Exited Positions

Institution	Previous Position
H HRT FINANCIAL LLC Institution	$81.6M 213.0K shares
Cornerstone Investment Partners, LLC RIA/Wealth	$69.4M 181.1K shares
C Canoe Financial LP Institution	$63.2M 164.9K shares
Iron Triangle Partners LP Hedge Fund•Long/Short	$30.6M 80.0K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$28.3M 73.9K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$23.6M 61.6K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$22.2M 58.0K shares
PAYDEN & RYGEL Long Only Manager	$15.5M 40.5K shares
Rhenman & Partners Asset Management AB RIA/Wealth	$11.4M 29.8K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$9.4M 24.5K shares

Options Activity

Institutions with the largest Call and Put options positions in HCA as of Q3 2025

Call Positions: 34
Call Value: $707.0M
Put Positions: 31
Put Value: $617.4M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$226.7M 5.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$106.6M 2.5K contracts
J JANE STREET GROUP, LLC Institution	$84.7M 2.0K contracts
W WOLVERINE TRADING, LLC Institution	$42.6M 1.0K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$40.1M 940.0 contracts
Walleye Trading LLC RIA/Wealth	$38.1M 894.0 contracts
D D. E. Shaw & Co., Inc. Institution	$35.0M 822.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$17.8M 418.0 contracts
UBS Group AG Institution	$16.3M 382.0 contracts
C Cubist Systematic Strategies, LLC Institution	$9.7M 227.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$172.8M 4.1K contracts
J JANE STREET GROUP, LLC Institution	$105.5M 2.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$82.8M 1.9K contracts
Pentwater Capital Management LP Hedge Fund•Event Driven	$51.1M 1.2K contracts
UBS Group AG Institution	$28.8M 676.0 contracts
Walleye Trading LLC RIA/Wealth	$27.2M 638.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$25.9M 608.0 contracts
W WOLVERINE TRADING, LLC Institution	$23.8M 566.0 contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$20.7M 4.9 contracts
H HSBC HOLDINGS PLC Institution	$13.3M 311.0 contracts

Most Committed Institutions

Institutions with HCA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Abdiel Capital Advisors, LP Hedge Fund•Long/Short	Colin Theodore Moran Managing Partner	44.66% $147.6M	0.15% 346.3K shares	Q1 2025 Held for 9 months	$330.5M
C Cryder Capital Partners LLP Institution	-	14.23% $257.7M	0.26% 604.8K shares	Q2 2015 Held for 10y 6m	$1.8B
LEE DANNER & BASS INC RIA/Wealth	Lawson Coffee Allen President	12.20% $167.8M	0.17% 393.7K shares	Q2 2024 Held for 1y 6m	$1.4B
SHAYNE & CO., LLC RIA/Wealth	William Edward Jacobs President	12.08% $39.0M	0.04% 91.5K shares	Q3 2023 Held for 2y 3m	$323.0M
BloombergSen Inc. Institution	Jack "Nmn" Tabacinic CEO	9.97% $117.5M	0.12% 275.7K shares	Q2 2017 Held for 8y 6m	$1.2B
V Value Star Asset Management Ltd Institution	-	9.32% $4.3M	0.00% 10.0K shares	Q4 2023 Held for 2 years	$45.7M
D Darsana Capital Partners LP Hedge Fund•Long/Short	Anand Kishor Desai Managing Partner	9.30% $426.2M	0.43% 1.0M shares	Q1 2024 Held for 1y 9m	$4.6B
M Metropolis Capital Ltd Long Only Manager	Simon George Denison-Smith CEO	9.06% $288.0M	0.29% 675.8K shares	Q1 2025 Held for 9 months	$3.2B
G GOBI CAPITAL LLC Hedge Fund•Long/Short	Bo Leilei Shan Managing Partner	8.80% $181.2M	0.18% 425.1K shares	Q4 2022 Held for 3 years	$2.1B
Spurstone Advisory Services, LLC RIA/Wealth	Timothy R Golas Managing Partner	7.24% $504.6K	0.00% 1.2K shares	Q2 2025 Held for 6 months	$7.0M

Hedge Fund Spotlight

Discover hedge funds investing in HCA

Partner Fund Management, L.P.

Hedge Fund • Sector

Portfolio ManagerJonathan Jude Aljoe

Portfolio Value: $1.2B
Positions: 66
Last Reported: Q3 2025

Sector Allocation

Position in HCA Healthcare

Market Value: $28.0M
Shares Held: 65.8K
Portfolio Weight: 2.42%
Owned Since: 2017-Q4

Top Holding	Sector	Market Value	Weight
1 Eli Lilly LLY	Drug Manufacturers - General Healthcare	$171.8M	14.85%
2 Tenet Healthcare THC	Medical - Care Facilities Healthcare	$93.7M	8.10%
3 Axsome Therapeutics AXSM	Biotechnology Healthcare	$64.4M	5.57%