Fort Washington Investment Advisors Trims HCA Healthcare Stake

Investment firm reduces its position in healthcare company by 19.4% in Q4 2025

Mar. 27, 2026 at 8:38am

Fort Washington Investment Advisors Inc. OH trimmed its position in shares of HCA Healthcare, Inc. (NYSE:HCA) by 19.4% during the fourth quarter of 2025, according to a filing with the Securities and Exchange Commission. The firm now owns 187,628 shares of the healthcare company's stock, down from 232,710 shares previously.

Why it matters

HCA Healthcare is one of the largest for-profit hospital operators in the United States, so changes in institutional ownership of the stock can provide insight into investor sentiment around the company and the broader healthcare sector.

The details

Fort Washington Investment Advisors sold 45,082 shares of HCA Healthcare stock during the fourth quarter, reducing its total position to 187,628 shares. The firm cited unspecified portfolio management reasons for the trimming of its HCA Healthcare stake. HCA Healthcare's stock price has fluctuated in recent months amid changing market conditions and regulatory uncertainty in the healthcare industry.

  • Fort Washington Investment Advisors filed its Q4 2025 disclosure with the SEC on March 27, 2026.

The players

Fort Washington Investment Advisors Inc. OH

An investment management firm based in Ohio that previously owned a sizable stake in HCA Healthcare.

HCA Healthcare, Inc.

A for-profit operator of hospitals and healthcare facilities headquartered in Nashville, Tennessee.

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The takeaway

This transaction reflects ongoing portfolio adjustments by institutional investors as they navigate the evolving healthcare landscape. The reduction in Fort Washington's HCA Healthcare position does not necessarily signal broader concerns about the company's fundamentals, but rather the firm's own investment strategy and priorities.