Glenhill Advisors lowers stake in Tenet

Glenhill Advisors holds 1,297,696 shares of Tenet Healthcare after reducing its stake in the Dallas-based hospital operator by 34.9 percent in the most recent quarter, according to a Securities and Exchange Commission filing.

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The hedge fund’s shares of Tenet are valued at $33.1 million. Tenet makes up about 2.27 percent of Glenhill Advisors’ portfolio, according to Market Digest. 

Other hedge funds, including Babson Capital Management, reduced their stakes in Tenet in the most recent quarter.

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