8 Knots Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), 8 Knots Management, LLC reported 17 stock positions worth $999.4 million. Its top holding was Unitedhealth (UNH) at 14.8% of the portfolio, followed by Humana (HUM, 14.5%) and Centene (CNC, 12.1%). Compared with Q3 2024, it opened 3 new positions, sold out of 3, added to 8 and reduced 4. The biggest buy was a new position in Humana (HUM) and the biggest sale an exit from Molina Healthcare (MOH).
- Most Recent 13F
- Q4 2025
- Location
- DALLAS, TX
- CIK
- 0001849457
- Portfolio Value
- $999.4M (Q4 2024)
- SEC Filing
- 0001849457-25-000001 ↗ filed Feb 14, 2025
Holdings Value
Holdings 17 stocks · $999.4M
| UNH Unitedhealth Group Inc. | 14.79% | 292,236 | $147.8M | Add +987.4% |
| HUM Humana Inc. | 14.53% | 572,534 | $145.3M | New |
| CNC Centene Corp. | 12.12% | 2,000,256 | $121.2M | Add +18.6% |
| DVA Davita Inc. | 10.19% | 680,882 | $101.8M | Reduce -1.4% |
| BTSG Brightspring Health Services | 7.91% | 4,642,129 | $79.1M | Reduce -19.7% |
| PNTG The Pennant Group Inc. | 6.46% | 2,432,710 | $64.5M | Add +1.5% |
| CAH Cardinal Health Inc. | 6.25% | 528,249 | $62.5M | New |
| MCK McKesson Corp. | 5.65% | 99,138 | $56.5M | New |
| ALHC Alignment Healthcare Inc. | 4.12% | 3,658,695 | $41.2M | Add +49.5% |
| EHAB Enhabit Inc. | 3.46% | 4,430,898 | $34.6M | Add +16.4% |
| CON Concentra Group Holdings Par | 3.46% | 1,748,283 | $34.6M | Add +42.7% |
| WBA Walgreens Boots Alliance Inc. | 3.13% | 3,349,363 | $31.2M | Reduce -53.4% |
| ACHC Acadia Healthcare Co. Inc. | 2.61% | 656,963 | $26.0M | Add +28.9% |
| EHTH Ehealth Inc. | 2.25% | 2,396,187 | $22.5M | No change |
| CVS CVS Health Corp. | 2.18% | 484,918 | $21.8M | Reduce -57.2% |
| SEM Select Medical Holdings Corp. | 0.73% | 385,174 | $7.3M | Add +2.3% |
| MODVQ Modivcare Inc. | 0.16% | 134,833 | $1.6M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −11.30 |
| CVS CVS Health Corp. | Reduce -57.2% | 2.18% | −6.23 |
| WBA Walgreens Boots Alliance Inc. | Reduce -53.4% | 3.13% | −4.47 |
| EHC Encompass Health Corp. | Sold out | 0.00% | −3.75 |
| DVA Davita Inc. | Reduce -1.4% | 10.19% | −3.19 |
| BTSG Brightspring Health Services | Reduce -19.7% | 7.91% | −2.11 |
| OSCR Oscar Health Inc. Class A | Sold out | 0.00% | −1.63 |
Portfolio Buys Q3 2024 → Q4 2024
| HUM Humana Inc. | New | 14.53% | +14.53 |
| UNH Unitedhealth Group Inc. | Add +987.4% | 14.79% | +12.94 |
| CAH Cardinal Health Inc. | New | 6.25% | +6.25 |
| MCK McKesson Corp. | New | 5.65% | +5.65 |
| ALHC Alignment Healthcare Inc. | Add +49.5% | 4.12% | +0.70 |
| CON Concentra Group Holdings Par | Add +42.7% | 3.46% | +0.22 |
| EHAB Enhabit Inc. | Add +16.4% | 3.46% | −0.09 |
| SEM Select Medical Holdings Corp. | Add +2.3% | 0.73% | −0.82 |
| ACHC Acadia Healthcare Co. Inc. | Add +28.9% | 2.61% | −1.21 |
| CNC Centene Corp. | Add +18.6% | 12.12% | −2.88 |
| PNTG The Pennant Group Inc. | Add +1.5% | 6.46% | −3.65 |
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 |