13FPulse
HC

HCA HCA HEALTHCARE INC

2026Q2 · CUSIP 40412C101 · Sector: Healthcare & Biotech

Exiting + falling

Funds leaving and price falling — historically weak for the next six months

Funds that own it
1,304
Institutions that reported holding it to the SEC
Net decrease in holders
107
Last quarter 1,411 → now 1,304
How unusual is that
Bottom 20%
Stronger than only 0.7% of US stocks
What the filings say, in one paragraph

1,304 funds held HCA at the end of 2026Q2, down 107 from the quarter before. Buying is stronger than only 0.7% of US stocks, and the price fell over the same quarter — funds leaving and price weakness at the same time. On the business itself, revenue over the last 12 months was $76.4B(YoY +6.7%), the P/E is 13.8x. HCA has had 31 buying rushes in its history, and the price moved +8.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=347 2013Q4: holders=390 2014Q1: holders=396 2014Q2: holders=427 2014Q3: holders=490 2014Q4: holders=523 2015Q1: holders=573 2015Q2: holders=628 2015Q3: holders=618 2015Q4: holders=569 2016Q1: holders=576 2016Q2: holders=594 2016Q3: holders=569 2016Q4: holders=555 2017Q1: holders=554 2017Q2: holders=553 2017Q3: holders=513 2017Q4: holders=549 2018Q1: holders=601 2018Q2: holders=630 2018Q3: holders=639 2018Q4: holders=681 2019Q1: holders=682 2019Q2: holders=656 2019Q3: holders=667 2019Q4: holders=699 2020Q1: holders=692 2020Q2: holders=671 2020Q3: holders=707 2020Q4: holders=764 2021Q1: holders=769 2021Q2: holders=807 2021Q3: holders=873 2021Q4: holders=937 2022Q1: holders=962 2022Q2: holders=879 2022Q3: holders=859 2022Q4: holders=951 2023Q1: holders=964 2023Q2: holders=1004 2023Q3: holders=993 2023Q4: holders=1051 2024Q1: holders=1119 2024Q2: holders=1149 2024Q3: holders=1196 2024Q4: holders=1176 2025Q1: holders=1219 2025Q2: holders=1239 2025Q3: holders=1280 2025Q4: holders=1391 2026Q1: holders=1411 2026Q2: holders=1304 -111 -55.5 +0 +55.5 +111 3128971482 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 31 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 20%
2025Q4 Top 5% -24.9%
2025Q3 Top 10% +11.0% -16.6%
2025Q2 Top 20% +20.3% +36.4%
2025Q1 Top 5% +4.3% +23.8%
2024Q3 Top 5% -5.6% +12.6%
2024Q2 Top 10% -7.4% -13.9%
2024Q1 Top 5% +16.1% +6.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
349
Change in large funds
+29
Total value they hold
$51.0B
Funds buying for the first time
126
Funds that sold out entirely
233
Price change that quarter
-4.7%
Funds holding puts (bearish)
29
Funds holding calls (bullish)
27

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
13.8
EPS (TTM)
$29.03
EPS YoY
+28.9%
Revenue (TTM)
$76.4B
Revenue YoY
+6.7%
Net margin
8.9%
ROE
Debt ratio
110.3%
FCF (TTM)
$7.9B
Dividend (TTM)
$2.94
Quarterly Revenue & EPS
2022-06-30: EPS 3.90 2022-09-30: EPS 3.91 2022-12-31: EPS 7.20 2023-03-31: EPS 4.85 2023-06-30: EPS 4.29 2023-09-30: EPS 3.91 2023-12-31: EPS 5.92 2024-03-31: EPS 5.93 2024-06-30: EPS 5.53 2024-09-30: EPS 4.88 2024-12-31: EPS 5.66 2025-03-31: EPS 6.45 2025-06-30: EPS 6.83 2025-09-30: EPS 6.96 2025-12-31: EPS 8.09 2026-03-31: EPS 7.15 0B 9.8B 19.5B $B 0.00 4.45 8.90 2017201820192020202120222023202420252026 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 16 10 15 20 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-4.3B1.8B8.0B 20162017201820192020202120222023202420252026
Latest quarter $895M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-03-31 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.