CONMED
CNMD
156 hedge funds and large institutions have $1.85B invested in CONMED in 2014 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 64 reducing their positions, and 24 closing their positions.
332% more call options, than puts
Call options by funds: $561K | Put options by funds: $130K
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
109% more capital invested
Capital invested by funds: $884M → $1.85B (+$963M)
5% less funds holding
Funds holding: 164 → 156 (-8)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
28% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$17M |
| 2 |
VAM
Visium Asset Management
New York
|
+$12.2M |
| 3 |
D.E. Shaw & Co
New York
|
+$9.97M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.41M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$16.3M |
| 2 |
Renaissance Technologies
New York
|
-$6.65M |
| 3 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$2.93M |
| 4 |
Two Sigma Investments
New York
|
-$2.48M |
| 5 |
Two Sigma Advisers
New York
|
-$2.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BJ
176
BlackRock Japan
Tokyo,
Japan
| – | -$41K | -1,109 | Closed |
|
|
FHA
177
First Horizon Advisors
Memphis,
Tennessee
| – | -$25K | -698 | Closed |
|
178
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$20K | -550 | Closed |
|
|
LTFS
179
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$3K | -88 | Closed |
|
CNMD Hedge Fund Activity: Q4 2014 in Review
156 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q4 2014, worth a combined $1.85B — up 109% from $884M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CNMD and 19 opened new positions — a net loss of 5 holders — while 64 trimmed existing stakes and 46 added.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $17M. The largest seller was BlackRock Institutional Trust, cutting an estimated $16.3M.
- 156 institutional investors held CONMED (CNMD) as of Q4 2014, down from 164 in Q3 2014.
- Funds reported $1.85B of CONMED stock for Q4 2014, up 109% quarter-over-quarter.
- 19 funds opened new CONMED positions in Q4 2014 and 24 closed out, a net change of -5 holders.
- The largest CONMED buyer in Q4 2014 was Westwood Holdings Group, an estimated $17M added.
- The largest CONMED seller in Q4 2014 was BlackRock Institutional Trust, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2014.