Here is What Hedge Funds Think About TeamHealth Holdings LLC (TMH)

As one would reasonably expect, key money managers have been driving this bullishness. Bloom Tree Partners, managed by Alok Agrawal, initiated the largest position in Team Health Holdings LLC (NYSE:TMH). Bloom Tree Partners had $32.6 million invested in the company at the end of the quarter. Arthur B Cohen and Joseph Healey’s Healthcor Management LP also initiated an $24.3 million position during the quarter. The other funds with brand new TeamHealth Holdings LLC (NYSE:TMH) positions are Lee Munder’s Lee Munder Capital Group, Matthew Hulsizer’s PEAK6 Capital Management, and Clint Carlson’s Carlson Capital.

Let’s now review hedge fund activity in other stocks similar to Team Health Holdings LLC (NYSE:TMH). We will take a look at Euronet Worldwide, Inc. (NASDAQ:EEFT), Synovus Financial Corp. (NYSE:SNV), Opko Health Inc. (NYSE:OPK), and ABIOMED, Inc. (NASDAQ:ABMD). This group of stocks’ market caps resembles TeamHealth Holdings LLC (NYSE:TMH)’s market cap.

As you can see, these stocks had an average of 23 hedge funds with bullish positions and the average amount invested in these stocks was $299 million. That figure was $525 million in TeamHealth Holdings LLC (NYSE:TMH)’s case. Euronet Worldwide, Inc. (NASDAQ:EEFT) is the most popular stock in this table. On the other hand, Synovus Financial Corp. (NYSE:SNV) is the least popular one with only 21 bullish hedge fund positions. Compared to these stocks, TeamHealth Holdings LLC (NYSE:TMH) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.