Glenview Capital Management, LLC Q3 2022 vs. Q4 2022: A Look at Top Holdings

Glenview Capital Management, LLC recently disclosed its Q3 2022 and Q4 2022 holdings via 13F filings. The New York-based investment management firm reported changes in its portfolio, including additions and reductions of shares. In this article, we will delve into Glenview Capital Management, LLC's top holdings and the changes that took place in the last quarter of 2022.

Top Holdings of Glenview Capital Management, LLC

Glenview Capital Management, LLC is known for its differentiated investment philosophy and style. According to the 13F filings, as of September 30, 2022, the firm's top holdings included CIGNA Corp New, Tenet Healthcare Corp, and SPDR S&P 500 ETF TR. Cigna Corp New remained the largest holding of the firm in Q3 2022, with a total number of 1,939,941 shares, accounting for 6.43% of the total portfolio. However, there was a decrease of 100,000 in the number of shares held by the firm in Q4 2022.

Tenet Healthcare Corp also remained a significant holding of the firm in Q4 2022, with an increase of 7.62% in the number of shares held by the firm. The healthcare company accounted for 6.12% of the total portfolio with a total number of 8,896,111 shares. SPDR S&P 500 ETF TR made it to the third position in terms of the total value of shares held by the firm as of September 30, 2022. However, there was a significant increase of 718,900 shares in the number of shares held by the firm in Q4 2022.

Changes in Holdings of Glenview Capital Management, LLC

Apart from the aforementioned holdings, Glenview Capital Management, LLC also reported changes in other holdings. Notably, DXC Technology Co witnessed an increase in the number of shares held by the firm by 8.9% in Q4 2022, with a total number of 9,704,553 shares held by the firm. In contrast, Baxter Intl Inc saw a decrease of 15.7% in the number of shares held by the firm, with a total number of 2,009,973 shares held by the firm at the end of Q4 2022.

Universal Hlth Svcs Inc witnessed a new addition to the portfolio of Glenview Capital Management, LLC, with a total number of 905,748 shares held by the firm in Q4 2022. Meanwhile, the firm sold all its shares in Amazon Com Inc, with 1,152,511 shares held in Q3 2022, and all shares sold in Q4 2022.

Conclusion

In conclusion, Glenview Capital Management, LLC reported significant changes in its portfolio in Q4 2022 as compared to Q3 2022. Cigna Corp New, Tenet Healthcare Corp, and SPDR S&P 500 ETF TR remain the top three holdings of the firm. The firm also made some additions and reductions in other holdings, such as DXC Technology Co and Baxter Intl Inc. As always, it will be interesting to see how the firm's portfolio performs in the upcoming quarters.