8 KNOTS MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 1849457 · latest 13F-HR filed 2026-02-13
8 KNOTS MANAGEMENT, LLC manages $868.1M in 13F-reported U.S. long-equity assets across 12 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are MOH (22.92%), CNC (22.31%), ELV (20.66%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 3 new positions, exited 10, added to 4, and trimmed 4.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$868.1M
Long-equity book
12
Distinct positions
2025-12-31
Filed 2026-02-13
+3 / −10 / ↑4 / ↓4
vs 2025-09-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ELEVANCE HEALTH INC$121.8M +211.9%
- BRIGHTSPRING HEALTH SVCS INC$26.9M +52.5%
- ENHABIT INC$13.1M +38.7%
- EHEALTH INC$676.3K +6.7%
Top Trims
- CVS HEALTH CORP-$47.7M -53.9%
- PENNANT GROUP INC-$43.7M -99.4%
- HEALTHCARE SVCS GROUP INC-$26.1M -46.1%
- ALIGNMENT HEALTHCARE INC-$13.6M -26.9%
New Positions
- MOLINA HEALTHCARE INC$198.9M
- CARDINAL HEALTH INC$28.5M
- PACS GROUP INC$23.4M
Exited Positions
- UNITEDHEALTH GROUP INC$95.0M
- LABORATORY CRP OF AMER HLDGS$58.8M
- QUEST DIAGNOSTICS INC$52.5M
- TENET HEALTHCARE CORP$29.9M
- HCA HEALTHCARE INC$22.9M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MOLINA HEALTHCARE INC | MOH | 60855R100 | $198.9M | 22.92% | 1,146,378 | SH |
| 2 | CENTENE CORP DEL | CNC | 15135B101 | $193.7M | 22.31% | 4,706,250 | SH |
| 3 | ELEVANCE HEALTH INC | ELV | 036752103 | $179.3M | 20.66% | 511,585 | SH |
| 4 | BRIGHTSPRING HEALTH SVCS INC | BTSG | 10950A106 | $78.2M | 9.00% | 2,087,076 | SH |
| 5 | ENHABIT INC | EHAB | 29332G102 | $46.9M | 5.40% | 5,084,714 | SH |
| 6 | CVS HEALTH CORP | CVS | 126650100 | $40.9M | 4.71% | 514,834 | SH |
| 7 | ALIGNMENT HEALTHCARE INC | ALHC | 01625V104 | $36.9M | 4.25% | 1,868,367 | SH |
| 8 | HEALTHCARE SVCS GROUP INC | HCSG | 421906108 | $30.4M | 3.51% | 1,592,565 | SH |
| 9 | CARDINAL HEALTH INC | CAH | 14149Y108 | $28.5M | 3.29% | 138,795 | SH |
| 10 | PACS GROUP INC | PACS | 69380Q107 | $23.4M | 2.70% | 610,070 | SH |
| 11 | EHEALTH INC | EHTH | 28238P109 | $10.7M | 1.24% | 2,332,017 | SH |
| 12 | PENNANT GROUP INC | PNTG | 70805E109 | $245.0K | 0.03% | 8,705 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-12-31 | 2026-02-13 | $868.1M | 12 | 0002080880-26-000008 |
| 2025-09-30 | 2025-11-14 | $884.1M | 19 | 0002080880-25-000009 |