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229 hedge funds and large institutions have $1.71B invested in CONMED in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 75

1.87% more ownership

Funds ownership: 103.01%104.88% (+1.9%)

13% less funds holding

Funds holding: 264229 (-35)

29% less call options, than puts

Call options by funds: $2.57M | Put options by funds: $3.59M

48% less capital invested

Capital invested by funds: $3.27B → $1.71B (-$1.56B)

51% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 65

Holders
229
Holders Change
-35
Holders Change %
-13.26%
% of All Funds
5.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
97
Reduced
75
Closed
65
Calls
$2.57M
Puts
$3.59M
Net Calls
-$1.02M
Net Calls Change
-$2.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$17M +$4.06M +44,073 +17%
Axa
27
Axa
France
$16.7M +$13.2M +143,373 +96%
Charles Schwab
28
Charles Schwab
California
$15.3M +$3.86M +41,865 +19%
Deutsche Bank
29
Deutsche Bank
Germany
$14.2M +$19.5M +211,835 +601%
PC
30
Polar Capital
United Kingdom
$13.7M +$8.78M +95,218 +66%
VOYA Investment Management
31
VOYA Investment Management
Georgia
$13.5M -$2.2M -23,874 -9%
Bank of America
32
Bank of America
North Carolina
$13.5M +$4.21M +45,638 +24%
Barclays
33
Barclays
United Kingdom
$12.2M -$4.24M -46,023 -18%
Ameriprise
34
Ameriprise
Minnesota
$12M +$22.6K +245 +0.1%
Renaissance Technologies
35
Renaissance Technologies
New York
$11.6M +$14.4M +155,700 +336%
GIM
36
Granahan Investment Management
Massachusetts
$10.9M -$69.3K -751 -0.4%
DKCM
37
Davidson Kempner Capital Management
New York
$10.5M +$13.8M +149,574 +451%
William Blair Investment Management
38
William Blair Investment Management
Illinois
$10.4M -$727K -7,886 -4%
RSCM
39
Rock Springs Capital Management
Maryland
$10.3M +$16.6M +180,000 New
DIG
40
DeepCurrents Investment Group
New York
$9.72M +$12.4M +134,677 +383%
Prudential Financial
41
Prudential Financial
New Jersey
$9.61M -$2.03M -22,004 -12%
State of Wisconsin Investment Board
42
State of Wisconsin Investment Board
Wisconsin
$9.3M
Allianz Asset Management
43
Allianz Asset Management
Germany
$8.45M +$2.79M +30,256 +26%
Marshall Wace
44
Marshall Wace
United Kingdom
$8.41M +$13.5M +146,807 New
Bank of Montreal
45
Bank of Montreal
Ontario, Canada
$8.3M +$669K +7,258 +5%
CTA
46
Carillon Tower Advisers
Florida
$7.88M
D.E. Shaw & Co
47
D.E. Shaw & Co
New York
$7.86M +$11.4M +123,270 +884%
CCI
48
Columbus Circle Investors
$7.6M -$11.3M -122,232 -48%
PAM
49
Panagora Asset Management
Massachusetts
$6.83M -$7.39M -80,148 -40%
ORI
50
Oak Ridge Investments
Illinois
$6.72M -$1.93M -20,890 -15%

CNMD Hedge Fund Activity: Q1 2020 in Review

229 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q1 2020, worth a combined $1.71B — down 48% from $3.27B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of CNMD and 32 opened new positions — a net loss of 33 holders — while 75 trimmed existing stakes and 97 added.

The largest buyer was Point72 Asset Management, adding an estimated $34.3M. The largest seller was Capital Research Global Investors, cutting an estimated $65.1M.

  • 229 institutional investors held CONMED (CNMD) as of Q1 2020, down from 264 in Q4 2019.
  • Funds reported $1.71B of CONMED stock for Q1 2020, down 48% quarter-over-quarter.
  • 32 funds opened new CONMED positions in Q1 2020 and 65 closed out, a net change of -33 holders.
  • The largest CONMED buyer in Q1 2020 was Point72 Asset Management, an estimated $34.3M added.
  • The largest CONMED seller in Q1 2020 was Capital Research Global Investors, an estimated $65.1M sold.

Based on aggregated 13F filings for Q1 2020.