Filing Details
- Accession Number:
- 0000899681-19-000057
- Form Type:
- 13G Filing
- Publication Date:
- 2019-03-19 17:17:33
- Filed By:
- York Capital Management
- Company:
- Quorum Health Corp (NYSE:QHC)
- Filing Date:
- 2019-03-19
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
York Capital Management Global Advisors | 2,579,503 | 0 | 2,579,503 | 0 | 2,579,503 | 8.18 % |
Filing
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G*
(Rule 13d-102)
INFORMATION TO BE INCLUDED
IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND
(d) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2
(AMENDMENT NO. )*
Quorum Health Corporation |
(Name of Issuer) |
Common Stock, $0.0001 par value per share |
(Title of Class of Securities) |
74909E106 |
(CUSIP Number) |
December 31, 2018 |
(Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☒ Rule 13d-1(b)
☐ Rule 13d-1(c)
☐ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1 | NAMES OF REPORTING PERSONS | | | ||
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | | | |||
York Capital Management Global Advisors, LLC | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☐ | |||||
(b)☒ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
New York | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
2,579,503 | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
-0- | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
2,579,503 | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
-0- | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
2,579,503 | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
8.18 % | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
IA | | | |||
| |
Item 1(a). | Name of Issuer: |
Quorum Health Corporation
Item 1(b). | Address of Issuer's Principal Executive Offices: |
1573 Mallory Lane
Brentwood, TN 37027
Item 2(a). | Name of Person Filing: |
This Schedule is being filed by York Capital Management Global Advisors, LLC (“YGA”) with respect to:
(i) | 1,343,835 shares of Common Stock directly owned by York Credit
Opportunities Investments Master Fund, L.P., a Cayman Islands exempted limited partnership (“York Credit Opportunities Master”), the general partner of which is York Credit Opportunities Domestic Holdings, LLC; |
(ii) | 20,567 shares of Common Stock directly owned by York Insurance
Dedicated Fund, LLC, a Delaware limited liability company (“York Insurance Dedicated”), the managing member of which is York Managed Holdings, LLC; |
(iii) | 96,385 shares of Common Stock directly owned by Exuma Capital, L.P., a Cayman Islands exempted limited partnership (“Exuma”), the general
partner of which is Exuma Management, LLC; and |
(iv) | 1,118,716 shares of Common Stock directly owned by York Credit Opportunities Fund, L.P., a Delaware limited partnership (“York Credit
Opportunities”), the general partner of which is York Credit Opportunities Domestic Holdings, LLC. |
YGA, the sole managing member of the general partner of each of York Credit
Opportunities Master, Exuma, and York Credit Opportunities, and the sole managing member of the managing member of York Insurance Dedicated, exercises investment discretion over such investment funds and accordingly may be deemed to have beneficial ownership over the Common Stock directly owned by such
investment funds.
Item 2(b). | Address of Principal Business Office or, if none, Residence: |
The principal business office address of YGA is:
c/o York Capital Management
767 Fifth Avenue, 17th Floor
New York, New York 10153
767 Fifth Avenue, 17th Floor
New York, New York 10153
Item 2(c). | Citizenship: |
The place of organization of YGA is New York.
Item 2(d). | Title of Class of Securities: |
Common Stock, $0.0001 par value per share
Item 2(e). | CUSIP Number: |
74909E106
Item 3. | If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or |
240.13d-2(b) or (c), Check Whether the Person Filing Is a(n):
(a) | ☐ Broker or dealer registered under
Section 15 of the Act (15 U.S.C. 78o); |
(b) | ☐ Bank as defined in Section 3(a)(6) of
the Act (15 U.S.C. 78c); |
(c) | ☐ Insurance company as defined in
Section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | ☐ Investment company registered under
Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | ☒ Investment adviser in accordance
with Section 240.13d-1(b)(1)(ii)(E); |
(f) | ☐ Employee benefit plan or endowment
fund in accordance with Section 240.13d-1(b)(1)(ii)(F); |
(g) | ☐ Parent holding company or control
person in accordance with Section 240.13d-1(b)(1)(ii)(G); |
(h) | ☐ Savings association as defined in
Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | ☐ Church plan that is excluded from the
definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | ☐ A non-U.S. institution in accordance
with Section 240.13d-1(b)(1)(ii)(J); |
(k) | ☐ Group, in accordance with Section
240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________________ . |
Item 4. | Ownership. |
(a) | Amount beneficially owned: | 2,579,503 | |
(b) | Percent of class: | 8.18% | |
(c) | Number of shares as to which the person has: | ||
(i) | Sole power to vote or to direct the vote: | 2,579,503 | |
(ii) | Shared power to vote or to direct the vote: | -0- | |
(iii) | Sole power to dispose or to direct the disposition of: | 2,579,503 | |
(iv) | Shared power to dispose or to direct the disposition of | -0- |
The number of shares beneficially owned and the percentage of outstanding shares represented thereby have been computed in
accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended. The percentage of ownership described above is based on 31,521,398 shares of Common Stock outstanding as of December 31, 2018, as reported by the issuer in its Form
10-K filed with the Securities and Exchange Commission on March 12, 2019.
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of securities, check the following ☐.
Item 6. | Ownership of More Than Five Percent on Behalf of Another Person. |
The right to receive dividends from, or the proceeds from the sale of, all shares of Common Stock reported in this
statement as may be deemed to be beneficially owned by YGA is held by York Credit Opportunities Master, York Insurance Dedicated, Exuma or York Credit Opportunities, as the case may be, all of which are subject to YGA’s investment discretion.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on
by the Parent Holding Company. |
Not Applicable
Item 8. | Identification and Classification of Members of the Group. |
Not Applicable
Item 9. | Notice of Dissolution of Group. |
Not Applicable
Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
Dated: March 19, 2019
YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC | ||
By: | /s/ Richard P. Swanson | |
Name: Richard P. Swanson | ||
Title: General Counsel |