Sivik Global Healthcare LLC

GREENWICH, CT · CIK 1596452 · 13F filing filed 2023-08-09

SEC-registered investment adviser since 2014 · limited liability company

Assets managed$233.9m
Staff3 · 2 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $233.9m gross assets
Websitesivik.com
Form ADV · 2026-02-17SEC adviser record

Legal entitySIVIK GLOBAL HEALTHCARE, LLC (US)

$250.2m reported value +7.6% vs Q1 2023

42positions

38.9%in top 10

7 new 15 added 15 reduced 5 sold out vs Q1 2023

Options: 0 call positions (— notional), 1 put positions ($177.3m notional) – listed below, not included above.

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR SER TR S&P BIOTECH XBI	XBI	250,000	$20.8m8.31%	8.31%	Added +50.0k	+50,000 25.0%
2	TENET HEALTHCARE CORP COM NEW THC	THC	140,000	$11.4m4.55%	4.55%	Reduced -10.0k	-10,000 -6.7%
3	BOSTON SCIENTIFIC CORP COM BSX	BSX	160,000	$8.7m3.46%	3.46%	Added +5.0k	+5,000 3.2%
4	UNIVERSAL HLTH SVCS INC CL B UHS	UHS	52,500	$8.3m3.31%	3.31%	Reduced -2.5k	-2,490 -4.5%
5	ELI LILLY & CO COM LLY	LLY	17,500	$8.2m3.28%	3.28%	Reduced -2.5k	-2,500 -12.5%
6	NOVO-NORDISK A S ADR NVO	NVO	50,000	$8.1m3.23%	3.23%	Reduced -10.0k	-10,000 -16.7%
7	CARDINAL HEALTH INC COM CAH	CAH	85,000	$8.0m3.21%	3.21%	Added +5.0k	+5,000 6.2%
8	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	55,000	$8.0m3.20%	3.20%	Reduced -5.0k	-5,000 -8.3%
9	BECTON DICKINSON & CO COM BDX	BDX	30,000	$7.9m3.17%	3.17%	Added +15.0k	+15,000 100.0%
10	SURGERY PARTNERS INC COM SGRY	SGRY	175,000	$7.9m3.15%	3.15%	Unchanged
11	HUMANA INC COM HUM	HUM	17,500	$7.8m3.13%	3.13%	Reduced -5.0k	-5,000 -22.2%
12	CENCORA INC COM COR	COR	40,000	$7.7m3.08%	3.08%	Unchanged
13	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	22,500	$7.7m3.08%	3.08%	Reduced -7.5k	-7,500 -25.0%
14	STRYKER CORPORATION COM SYK	SYK	25,000	$7.6m3.05%	3.05%	Unchanged
15	HCA HEALTHCARE INC COM HCA	HCA	25,000	$7.6m3.03%	3.03%	Reduced -5.0k	-5,000 -16.7%
16	MCKESSON CORP COM MCK	MCK	17,500	$7.5m2.99%	2.99%	Added +2.5k	+2,500 16.7%
17	BAXTER INTL INC COM BAX	BAX	160,000	$7.3m2.91%	2.91%	Added +10.0k	+10,000 6.7%
18	ENCOMPASS HEALTH CORP COM EHC	EHC	99,976	$6.8m2.71%	2.71%	Added +45.0k	+44,976 81.8%
19	ELEVANCE HEALTH INC COM ELV	ELV	15,000	$6.7m2.66%	2.66%	Added +4.5k	+4,457 42.3%
20	ABBOTT LABS COM ABT	ABT	60,000	$6.5m2.61%	2.61%	Added +15.0k	+15,000 33.3%
21	IQVIA HLDGS INC COM IQV	IQV	27,500	$6.2m2.47%	2.47%	Added +7.5k	+7,500 37.5%
22	SELECT MED HLDGS CORP COM SEM	SEM	190,000	$6.1m2.42%	2.42%	Added +82.2k	+82,162 76.2%
23	DANAHER CORPORATION COM DHR	DHR	25,000	$6.0m2.40%	2.40%	Added +5.0k	+5,000 25.0%
24	MERCK & CO INC COM MRK	MRK	50,000	$5.8m2.31%	2.31%	Reduced -25.0k	-25,000 -33.3%
25	THE CIGNA GROUP COM CI	CI	20,000	$5.6m2.24%	2.24%	Added +5.0k	+5,000 33.3%
26	MEDTRONIC PLC SHS MDT	MDT	60,000	$5.3m2.11%	2.11%	Reduced -7.5k	-7,500 -11.1%
27	ICON PLC SHS ICLR	ICLR	20,000	$5.0m2.00%	2.00%	Added +5.0k	+5,000 33.3%
28	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	14,000	$4.9m1.97%	1.97%	Reduced -1.0k	-1,000 -6.7%
29	UNITEDHEALTH GROUP INC COM UNH	UNH	10,000	$4.8m1.92%	1.92%	Reduced -7.5k	-7,500 -42.9%
30	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	60,000	$4.8m1.91%	1.91%	Reduced -10.0k	-10,000 -14.3%
31	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	50,000	$4.3m1.73%	1.73%	Unchanged
32	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	7,500	$3.9m1.56%	1.56%	Reduced -3.5k	-3,500 -31.8%
33	CATALENT INC COM CTLT	CTLT	70,000	$3.0m1.21%	1.21%	New
34	BIOGEN INC COM BIIB	BIIB	10,000	$2.8m1.14%	1.14%	Unchanged
35	CHARLES RIV LABS INTL INC COM CRL	CRL	13,000	$2.7m1.09%	1.09%	New
36	STEVANATO GROUP S P A ORD SHS STVN	STVN	70,000	$2.3m0.91%	0.91%	New
37	AVANTOR INC COM AVTR	AVTR	75,000	$1.5m0.62%	0.62%	New
38	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	8,000	$1.5m0.61%	0.61%	Added +500	+500 6.7%
39	COMMUNITY HEALTH SYS INC NEW COM CYH	CYH	300,000	$1.3m0.53%	0.53%	New
40	ARGENX SE SPONSORED ADR ARGX	ARGX	3,000	$1.2m0.47%	0.47%	New
41	GRIFOLS S A SP ADR REP B NVT GRFS	GRFS	62,843	$576.0k0.23%	0.23%	New
42	SAREPTA THERAPEUTICS INC COM SRPT	SRPT	811	$93.0k0.04%	0.04%	Reduced -12.2k	-12,189 -93.8%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
ABBVIE INC ABBV	ABBV	40,000	$6.4m40.0k shares
AGILENT TECHNOLOGIES INC A	A	40,000	$5.5m40.0k shares
WATERS CORP WAT	WAT	15,000	$4.6m15.0k shares
SEAGEN INC SGEN	SGEN	16,000	$3.2m16.0k shares
OPTION CARE HEALTH INC OPCH	OPCH	80,000	$2.5m80.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	400,000	$177.3m400.0k shares	New