Hedge Fund Glenview Used ‘Medicare-for-All’ Rout to Build Up Health Stakes
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U.S. health-care investor Glenview Capital Management LLC boosted its positions in health insurers and hospitals as the sectors came under pressure from political headlines in the first few months of the year.
Glenview Capital added to its holdings of Cigna Corp, Anthem Inc. and Humana Inc., while taking new stakes in Centene Corp. and Wellcare Health Plans Inc., which announced plans to merge at the end of March. Among hospitals, the New York-based hedge fund bought more shares of Tenet Healthcare Corp. and Universal Health Services Inc., its latest 13-F filings show. Glenview remains Tenet’s largest shareholder.