Rhenman & Partners Asset Management AB holds 175,000 shares of Community Health Systems after reducing its stake in the Franklin, Tenn.-based hospital operator by 22.22 percent in the most recent quarter, according to a Securities and Exchange Commission filing.
The hedge fund’s shares of CHS are valued at $2.17 million. CHS makes up about 0.35 percent of Rhenman’s portfolio, according to Trade Calls.
Other hedge funds, including Tradelink Capital and Deltec Asset Management, also lowered their stakes in CHS in the most recent quarter.
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