CONMED
CNMD
173 hedge funds and large institutions have $1.07B invested in CONMED in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 65 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
12% more funds holding
Funds holding: 155 → 173 (+18)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $1.11B → $1.07B (-$33.4M)
26% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 65
34% less call options, than puts
Call options by funds: $87K | Put options by funds: $131K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.1M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$17.8M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$14.2M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$10.4M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$9.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$75.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$25.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.8M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$17.4M |
| 5 |
NTC
North Tide Capital
Boston,
Massachusetts
|
-$14.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NTC
176
North Tide Capital
Boston,
Massachusetts
| – | -$14.9M | -350,000 | Closed |
|
|
B
177
Barings
Charlotte,
North Carolina
| – | -$6.72M | -158,150 | Closed |
|
|
SI
178
Standard Investments
New York
| – | -$1.49M | -35,123 | Closed |
|
|
IHM
179
Iguana Healthcare Management
New York
| – | -$1.06M | -25,000 | Closed |
|
|
QBFM
180
QS Batterymarch Financial Management
New York
| – | -$674K | -15,850 | Closed |
|
181
American Century Companies
Kansas City,
Missouri
| – | -$654K | -15,394 | Closed |
|
|
STC
182
SEI Trust Company
Oaks,
Pennsylvania
| – | -$498K | -11,720 | Closed |
|
183
Nomura Holdings
Tokyo,
Japan
| – | -$449K | -10,569 | Closed |
|
184
Capital Fund Management (CFM)
Paris,
France
| – | -$331K | -7,777 | Closed |
|
185
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$294K | -6,929 | Closed |
|
CNMD Hedge Fund Activity: Q1 2014 in Review
173 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q1 2014, worth a combined $1.07B — down 3% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CNMD positions and 11 closed out — a net gain of 19 holders — while 48 added to existing stakes and 65 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $19.1M. The largest seller was Heartland Advisors, exiting entirely with an estimated $75.4M sold.
- 173 institutional investors held CONMED (CNMD) as of Q1 2014, up from 155 in Q4 2013.
- Funds reported $1.07B of CONMED stock for Q1 2014, down 3% quarter-over-quarter.
- 30 funds opened new CONMED positions in Q1 2014 and 11 closed out, a net change of +19 holders.
- The largest CONMED buyer in Q1 2014 was Fidelity Investments, an estimated $19.1M added.
- The largest CONMED seller in Q1 2014 was Heartland Advisors, an estimated $75.4M sold.
Based on aggregated 13F filings for Q1 2014.