Thomas F. Frist, III
American businessman
Thomas F. Frist III (born c. 1968) is an American heir, businessman, investor and philanthropist from Tennessee.2
From Wikipedia’s article on Thomas F. Frist, III (this version), CC BY-SA 4.0.
Born 1968.1
About
He is the Founder and Managing Principal of Frist Capital, an investment firm.
From Wikipedia’s article on Thomas F. Frist, III, shared under CC BY-SA 4.0.2
Companies
- HCA HealthcareBoard member Apr 29, 2008 to now9
- HCA HealthcareBoard member 2006 to now10
- VerisignBoard member Dec 7, 2015 to Jul 24, 202411
- Science Applications International CorporationBoard member Oct 1, 2013 to May 2, 201712
- LeidosBoard member Sep 29, 2009 to Aug 1, 201313
Holdings
Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.
Shares held
HCA Healthcare HCA32,761,844 shares14$15.1B at $459.69Feb 10, 2026
HCA Healthcare HCA32,298,747 shares15$14.8B at $459.69Apr 30, 2026
Verisign VRSN16,313 shares16$5.0M at $306.85Jul 24, 2024
As of each latest filing. The line shows shares held over time.
Recent filings
- Apr 28, 2026Granted 1,041 shares of HCA Healthcare15
- Feb 6, 2026Other 36,557,141 shares of HCA Healthcare14
- Feb 6, 2026Other 36,557,141 shares of HCA Healthcare17
- Feb 6, 2026Other 36,629,188 shares of HCA Healthcare14
- Feb 6, 2026Other 36,629,188 shares of HCA Healthcare17
- Apr 29, 2025Granted 1,320 shares of HCA Healthcare18
- Jul 22, 2024Granted 1,408 shares of Verisign16
- Apr 29, 2024Granted 1,284 shares of HCA Healthcare19
- Jul 24, 2023Granted 1,179 shares of Verisign20
- Apr 24, 2023Granted 1,396 shares of HCA Healthcare21
- Jul 25, 2022Granted 1,377 shares of Verisign22
- May 2, 2022Bought 7,577 shares at $215.29 of HCA Healthcare23
- May 2, 2022Bought 12,170 shares at $214.48 of HCA Healthcare23
- May 2, 2022Bought 7,683 shares at $213.47 of HCA Healthcare23
- May 2, 2022Bought 3,606 shares at $212.60 of HCA Healthcare23
- May 2, 2022Bought 16,313 shares at $211.22 of HCA Healthcare23
- May 2, 2022Bought 37,623 shares at $210.60 of HCA Healthcare23
- May 2, 2022Bought 4,128 shares at $209.73 of HCA Healthcare23
- Apr 25, 2022Granted 1,899 shares of HCA Healthcare24
- Mar 3, 2022Bought 95 shares at $218.73 of Verisign25
Early life and education
Thomas F. Frist III was born circa 1968 in Nashville, Tennessee. His father, Thomas F. Frist Jr., is a billionaire who served as the Chairman of HCA Healthcare. His mother, Patricia C. Frist, served as a director of SunTrust Banks from 2000 to 2010. His paternal grandfather, Thomas F. Frist Sr., was a co-founder of HCA. His paternal uncle, Bill Frist, served as a Republican Senator for Tennessee from 1995 to 2007.
He graduated with an A.B. in religion from Princeton University in 1991 after completing a 84-page long senior thesis titled "Spiritual Awakenings: The Nashville Sit - Ins, 1960." He received a master's degree in business administration from the Harvard Business School in 1997.
From Wikipedia’s article on Thomas F. Frist, III (this version), CC BY-SA 4.0.
Career
Occupation: businessperson.5
- Since 2006Board member, HCA Healthcare4
Frist was a managing partner at FS Partner, an investment firm based in New York City. He also worked for Rainwater, Inc., Richard Rainwater's investment firm, both in New York City and Fort Worth, Texas.
Frist founded Frist Capital, another investment firm, in 1998. He serves as its Managing Principal. In January 2015, the firm invested US$100 million in Bulow Clinic Partners Group, a subsidiary of Bulow Holdings, an orthotic and prosthetic firm. Meanwhile, the firm sold their investment in Tink's, a spray which attracts deer while deer hunting, to Arcus Hunting, another investment firm.
Frist served on the board of directors of Triad Hospitals. In 2009, he was appointed to the board of directors of Science Applications International Corporation (SAIC), now known as Leidos, a defense corporation. He has served on the board of directors of the Hospital Corporation of America since 2006.
From Wikipedia’s article on Thomas F. Frist, III (this version), CC BY-SA 4.0.
Personal life
In 1998, Frist married Julie Damgard, a Goldman Sachs employee and the daughter of John Michael Damgard, who served as the President of the Futures Industry Association. They have three children. They reside in Belle Meade, Tennessee, near Nashville.
From Wikipedia’s article on Thomas F. Frist, III (this version), CC BY-SA 4.0.
Philanthropy
Frist serves on the board of directors of the Frist Foundation.
From Wikipedia’s article on Thomas F. Frist, III (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataThomas F. Frist, III on Wikidata
- 2WikipediaThomas F. Frist, III on Wikipedia
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- 7
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- 9SEC EDGARHCA Healthcare, Board member
- 10Wikidata and SEC EDGARHCA Healthcare, Board member
- 11SEC EDGARVerisign, Board member
- 12
- 13SEC EDGARLeidos, Board member
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- 15
- 16
- 17SEC EDGARForm 4 filed Feb 10, 2026
- 18SEC EDGARForm 4 filed May 1, 2025
- 19SEC EDGARForm 4 filed May 1, 2024
- 20SEC EDGARForm 4 filed Jul 25, 2023
- 21SEC EDGARForm 4 filed Apr 26, 2023
- 22SEC EDGARForm 4 filed Jul 27, 2022
- 23SEC EDGARForm 4 filed May 4, 2022
- 24SEC EDGARForm 4 filed Apr 27, 2022
- 25SEC EDGARForm 4 filed Jun 1, 2022