8 Knots Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), 8 Knots Management, LLC reported 17 stock positions worth $846.6 million. Its top holding was Centene (CNC) at 15.0% of the portfolio, followed by Davita (DVA, 13.4%) and Molina Healthcare (MOH, 11.3%). Compared with Q2 2024, it opened 7 new positions, sold out of 8, added to 3 and reduced 6. The biggest buy was a new position in Centene (CNC) and the biggest sale an exit from Tenet Healthcare (THC).
- Most Recent 13F
- Q4 2025
- Location
- DALLAS, TX
- CIK
- 0001849457
- Portfolio Value
- $846.6M (Q3 2024)
- SEC Filing
- 0001771673-24-000006 ↗ filed Nov 14, 2024
Holdings Value
Holdings 17 stocks · $846.6M
| CNC Centene Corp. | 15.00% | 1,686,809 | $127.0M | New |
| DVA Davita Inc. | 13.38% | 690,722 | $113.2M | Reduce -41.5% |
| MOH Molina Healthcare Inc. | 11.30% | 277,677 | $95.7M | New |
| PNTG The Pennant Group Inc. | 10.11% | 2,396,735 | $85.6M | Reduce -14.2% |
| BTSG Brightspring Health Services | 10.02% | 5,778,187 | $84.8M | Reduce -29.6% |
| CVS CVS Health Corp. | 8.41% | 1,132,204 | $71.2M | New |
| WBA Walgreens Boots Alliance Inc. | 7.60% | 7,180,273 | $64.3M | Add +27.7% |
| ACHC Acadia Healthcare Co. Inc. | 3.82% | 509,612 | $32.3M | Add +11.5% |
| EHC Encompass Health Corp. | 3.75% | 328,066 | $31.7M | Reduce -66.4% |
| EHAB Enhabit Inc. | 3.55% | 3,807,296 | $30.1M | Add +17.3% |
| ALHC Alignment Healthcare Inc. | 3.42% | 2,446,968 | $28.9M | New |
| CON Concentra Group Holdings Par | 3.24% | 1,224,835 | $27.4M | New |
| UNH Unitedhealth Group Inc. | 1.86% | 26,876 | $15.7M | New |
| OSCR Oscar Health Inc. Class A | 1.63% | 650,607 | $13.8M | Reduce -37.6% |
| SEM Select Medical Holdings Corp. | 1.55% | 376,364 | $13.1M | Reduce -73.5% |
| EHTH Ehealth Inc. | 1.15% | 2,396,187 | $9.8M | No change |
| MODVQ Modivcare Inc. | 0.23% | 134,833 | $1.9M | New |
Portfolio Sells Q2 2024 → Q3 2024
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −12.66 |
| UHS Universal Health Services-B | Sold out | 0.00% | −8.10 |
| DGX Quest Diagnostics Inc. | Sold out | 0.00% | −6.58 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −6.21 |
| EHC Encompass Health Corp. | Reduce -66.4% | 3.75% | −4.35 |
| SEM Select Medical Holdings Corp. | Reduce -73.5% | 1.55% | −3.26 |
| RDNT Radnet Inc. | Sold out | 0.00% | −2.90 |
| MCK McKesson Corp. | Sold out | 0.00% | −2.62 |
| DVA Davita Inc. | Reduce -41.5% | 13.38% | −2.41 |
| COR Cencora Inc. | Sold out | 0.00% | −1.43 |
| TRUP Trupanion Inc. | Sold out | 0.00% | −0.58 |
| OSCR Oscar Health Inc. Class A | Reduce -37.6% | 1.63% | +0.04 |
| BTSG Brightspring Health Services | Reduce -29.6% | 10.02% | +1.01 |
| PNTG The Pennant Group Inc. | Reduce -14.2% | 10.11% | +3.85 |
Portfolio Buys Q2 2024 → Q3 2024
| CNC Centene Corp. | New | 15.00% | +15.00 |
| MOH Molina Healthcare Inc. | New | 11.30% | +11.30 |
| CVS CVS Health Corp. | New | 8.41% | +8.41 |
| ALHC Alignment Healthcare Inc. | New | 3.42% | +3.42 |
| CON Concentra Group Holdings Par | New | 3.24% | +3.24 |
| UNH Unitedhealth Group Inc. | New | 1.86% | +1.86 |
| WBA Walgreens Boots Alliance Inc. | Add +27.7% | 7.60% | +1.03 |
| ACHC Acadia Healthcare Co. Inc. | Add +11.5% | 3.82% | +0.84 |
| EHAB Enhabit Inc. | Add +17.3% | 3.55% | +0.76 |
| MODVQ Modivcare Inc. | New | 0.23% | +0.23 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 12 | $868.1M | MOH, CNC, ELV, BTSG, EHAB |
| Q3 2025 | 19 | $884.1M | CNC, UNH, CVS, LH, ELV |
| Q2 2025 | 16 | $697.8M | HUM, PNTG, EHC, ALHC, CAH |
| Q1 2025 | 18 | $793.1M | CNC, UNH, ALHC, PNTG, EHAB |
| Q4 2024 | 17 | $999.4M | UNH, HUM, CNC, DVA, BTSG |
| Q3 2024 | 17 | $846.6M | CNC, DVA, MOH, PNTG, BTSG |
| Q2 2024 | 18 | $1.0B | DVA, THC, BTSG, UHS, EHC |
| Q1 2024Amended | 18 | $1.0B | DVA, THC, BTSG, UHS, EHC |