undamentalytics Newsletter

Diversified Healthcare Trust: which funds bought and sold

Institutions that bought and sold Diversified Healthcare Trust shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 132 institutions that filed 13F reports for both quarters added to or opened positions in Diversified Healthcare Trust, and 92 cut or closed them. Together they added a net 5.3M shares, +2.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 4.0M shares (+10.2%); index fund managers were net buyers of 1.5M shares (+2.2%). 39 opened a new position and 29 sold out entirely.

Bought, Q2 2026 132 institutions, 39 of them new holders Sold, Q2 2026 92 institutions, 29 of them sold out
Net change, all compared +5.3M shares (+2.6%)
Net change, active managers +4.0M shares (+10.2%), 23 bought, 18 sold

Buyers versus sellers

institutions compared, 265
Active managers and hedge funds 23 bought · 18 sold · +4.0M
Index fund managers 7 bought · 4 sold · +1.5M
Other institutions 102 bought · 70 sold · −235K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
T. Rowe Price Investment Management, Inc. Active manager +2.7M +163.4% 4.3M $40.4M
Vanguard Portfolio Management LLC Index funds +1.8M +20.1% 10.6M $98.5M
First Trust Advisors LP +1.6M +5800.6% 1.6M $15.2M
Allianz Asset Management Gmbh +1.2M +231.8% 1.8M $16.4M
Hennessy Advisors Inc +1.2M New position 1.2M $11.2M
Goldman Sachs Group Inc +950K +73.2% 2.2M $20.9M
Carronade Capital Management, LP Hedge fund +871K +16.5% 6.1M $57.1M
Arrowstreet Capital, Limited Partnership Hedge fund +686K +29.1% 3.0M $28.3M
Northern Trust Corp Index funds +603K +27.4% 2.8M $26.1M
Franklin Resources Inc Active manager +559K New position 559K $5.2M
Mufg Securities Emea PLC +500K New position 500K $4.7M
Geode Capital Management, LLC Index funds +452K +6.8% 7.1M $65.7M
Morgan Stanley +327K +23.4% 1.7M $16.1M
Raymond James Financial Inc +278K +83.5% 610K $5.7M
Citadel Advisors LLC Hedge fund +266K New position 266K $2.5M
AQR Capital Management LLC Hedge fund +257K +245.9% 362K $3.4M
Jpmorgan Chase & Co +238K +8.6% 3.0M $28.9M
Dimensional Fund Advisors LP +218K +9.1% 2.6M $24.3M
FMR LLC Active manager +210K +43.5% 693K $6.4M
CIBC World Market Inc. +208K New position 208K $1.9M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Bank Of America Corp −2.4M −90.6% 252K $2.3M
H/2 Credit Manager LP −2.1M −14.1% 12.8M $119M
Park West Asset Management LLC Hedge fund −1.3M −55.5% 1.0M $9.6M
Nomura Holdings Inc −1.1M −14.4% 6.3M $58.4M
Blackrock, Inc. Index funds −803K −3.4% 23.1M $215M
Blackbarn Capital Partners LP −737K −15.3% 4.1M $37.9M
Charles Schwab Investment Management Inc Index funds −647K −11.0% 5.2M $48.7M
Lonestar Capital Management LLC −550K −34.4% 1.1M $9.8M
Militia Capital Management LLC −433K −67.4% 209K $1.9M
Nuveen, LLC −351K −37.6% 582K $5.4M
Rbf Capital, LLC −217K −22.4% 750K $7M
CIBC Bancorp Usa Inc. −199K −34.8% 372K $3.5M
Marshall Wace, LLP Hedge fund −185K Sold out 0 —
Prudential Financial Inc −178K −15.8% 946K $8.8M
UBS Group AG −160K −33.5% 317K $2.9M
Eversept Partners, LP Hedge fund −151K Sold out 0 —
Martingale Asset Management L P Active manager −148K Sold out 0 —
SG Americas Securities, LLC −125K −80.4% 30K $283,000
Exoduspoint Capital Management, LP Hedge fund −124K Sold out 0 —
Hussman Strategic Advisors, Inc. −105K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Hennessy Advisors Inc 1.2M $11.2M
Franklin Resources IncActive manager 559K $5.2M
Mufg Securities Emea PLC 500K $4.7M
Citadel Advisors LLCHedge fund 266K $2.5M
CIBC World Market Inc. 208K $1.9M
Xtx Topco Ltd 154K $1.4M
State Of New Jersey Common Pension Fund D 130K $1.2M
Jump Financial, LLC 122K $1.1M
Point72 Asset Management, L.P.Hedge fund 110K $1M
Quantbot Technologies LPHedge fund 104K $968,149

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Marshall Wace, LLPHedge fund 185K $1.2M
Eversept Partners, LPHedge fund 151K $1M
Martingale Asset Management L PActive manager 148K $982,362
Exoduspoint Capital Management, LPHedge fund 124K $820,837
Hussman Strategic Advisors, Inc. 105K $697,200
Man Group PLCHedge fund 96K $637,340
American Century Companies IncActive manager 84K $557,621
Cerity Partners LLC 62K $409,903
Potomac Capital Management, Inc. 60K $398,400
Hillsdale Investment Management Inc. 55K $362,544

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
239
Ten largest holders
60.2%
of 13F-reported shares
Index fund managers
33.7%
of 13F-reported shares
Active managers and hedge funds
21.1%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 23 18 12 9 +4.0M +10.2%
Index fund managers 7 4 0 0 +1.5M +2.2%
Other institutions 102 70 27 20 −235K −0.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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