Philips (PHG)

• Market cap: $25.2B
• 1 day: -1.40%
• 5 days: -0.26%
• 1 month: -0.81%
• 3 months: -9.77%
• 6 months: 0.37%
• Year to date: 19.64%
• 1 year: 36.28%
• 5 years: -31.91%
• 10 years: 20.02%

About: Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Around 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products.

Employees: 73,712

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 30

37% more call options, than puts

Call options by funds: $56.2M | Put options by funds: $40.9M

16% more capital invested

Capital invested by funds: $1.69B [Q2] → $1.96B (+$265M) [Q3]

10% more funds holding

Funds holding: 303 [Q2] → 333 (+30) [Q3]

0.62% less ownership

Funds ownership: 7.05% [Q2] → 6.43% (-0.62%) [Q3]

23% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 123

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]