CONMED
CNMD
196 hedge funds and large institutions have $2.01B invested in CONMED in 2018 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 65 increasing their positions, 64 reducing their positions, and 15 closing their positions.
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
43% more call options, than puts
Call options by funds: $1.24M | Put options by funds: $864K
17% more capital invested
Capital invested by funds: $1.73B → $2.01B (+$288M)
13% more funds holding
Funds holding: 173 → 196 (+23)
1.08% more ownership
Funds ownership: 97.47% → 98.55% (+1.1%)
2% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$23.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.5M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$18.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.8M |
| 5 |
BlackRock
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$40.8M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$30.6M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$24.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
201
Freedom Investment Management
Hartford,
Connecticut
| – | -$594K | -9,375 | Closed |
|
|
NIM
202
Needham Investment Management
New York
| – | -$475K | -7,500 | Closed |
|
|
AIM
203
Alambic Investment Management
Belvedere,
California
| – | -$393K | -6,200 | Closed |
|
|
IR
204
Invictus RG
Hamilton,
Bermuda
| – | -$390K | -6,165 | Closed |
|
|
KI
205
Koch Industries
Wichita,
Kansas
| – | -$353K | -5,572 | Closed |
|
|
CSS
206
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$317K | -5,011 | Closed |
|
|
II
207
Ibex Investors
Denver,
Colorado
| – | -$304K | -4,807 | Closed |
|
|
FGAM
208
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$45K | -661 | -99% |
|
209
Parallax Volatility Advisers
San Francisco,
California
| – | -$11K | -180 | Closed |
|
|
IIC
210
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| – | -$4K | -57 | Closed |
|
|
BCA
211
Bay Colony Advisors
Concord,
Massachusetts
| – | +$204 | +3 | New |
|
CNMD Hedge Fund Activity: Q2 2018 in Review
196 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q2 2018, worth a combined $2.01B — up 17% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CNMD positions and 15 closed out — a net gain of 25 holders — while 65 added to existing stakes and 64 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $23.6M. The largest seller was Victory Capital Management, cutting an estimated $40.8M.
- 196 institutional investors held CONMED (CNMD) as of Q2 2018, up from 173 in Q1 2018.
- Funds reported $2.01B of CONMED stock for Q2 2018, up 17% quarter-over-quarter.
- 40 funds opened new CONMED positions in Q2 2018 and 15 closed out, a net change of +25 holders.
- The largest CONMED buyer in Q2 2018 was Hood River Capital Management, an estimated $23.6M added.
- The largest CONMED seller in Q2 2018 was Victory Capital Management, an estimated $40.8M sold.
Based on aggregated 13F filings for Q2 2018.