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CONMED

164 hedge funds and large institutions have $884M invested in CONMED in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 65 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more call options, than puts

Call options by funds: $590K | Put options by funds: $306K

9% less funds holding

Funds holding: 181164 (-17)

16% less capital invested

Capital invested by funds: $1.06B → $884M (-$172M)

23% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 65

46% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 35

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
164
Holders Change
-17
Holders Change %
-9.39%
% of All Funds
4.76%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
19
Increased
50
Reduced
65
Closed
35
Calls
$590K
Puts
$306K
Net Calls
+$284K
Net Calls Change
-$525K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$86.6M -$1.22M -30,727 -1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$72.9M +$2.99M +75,419 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$61.2M +$1.21M +30,458 +2%
VAM
4
Visium Asset Management
New York
$59.6M +$63.7M +1,604,711 +11,498%
CCM
5
Camber Capital Management
Massachusetts
$51M
BFA
6
BlackRock Fund Advisors
California
$50.3M -$1.53M -38,660 -3%
BIT
7
BlackRock Institutional Trust
California
$43.1M +$3.38M +85,268 +8%
Northern Trust
8
Northern Trust
Illinois
$39.6M +$1.47M +37,036 +4%
CRM
9
Cramer Rosenthal McGlynn
Connecticut
$35.3M -$4.69M -118,237 -11%
Capital Research Global Investors
10
Capital Research Global Investors
California
$29.6M +$15.9M +400,000 +99%
State Street
11
State Street
Massachusetts
$22.6M -$707K -17,819 -3%
HCM
12
Highfields Capital Management
Massachusetts
$18.1M +$19.4M +490,000 New
Bank of New York Mellon
13
Bank of New York Mellon
New York
$16.9M -$429K -10,811 -2%
ICOM
14
Investment Counselors of Maryland
Maryland
$16.8M -$471K -11,877 -3%
Fisher Asset Management
15
Fisher Asset Management
Washington
$15.2M +$13.7M +346,510 +515%
William Blair & Company
16
William Blair & Company
Illinois
$12.6M +$139K +3,514 +1%
Norges Bank
17
Norges Bank
Norway
$10.8M -$6.13M -154,523 -35%
AQR Capital Management
18
AQR Capital Management
Connecticut
$9.7M +$282K +7,100 +3%
SAM
19
Senzar Asset Management
New York
$9.59M +$10.3M +260,400 New
BNP Paribas Asset Management
20
BNP Paribas Asset Management
France
$9.05M +$1.02M +25,669 +12%
Charles Schwab
21
Charles Schwab
California
$8.45M -$30.9K -778 -0.3%
State of Wisconsin Investment Board
22
State of Wisconsin Investment Board
Wisconsin
$7.3M
Renaissance Technologies
23
Renaissance Technologies
New York
$6.65M -$1.2M -30,279 -14%
Principal Financial Group
24
Principal Financial Group
Iowa
$6.29M -$46.4K -1,169 -0.7%
Millennium Management
25
Millennium Management
New York
$6.18M -$1.48M -37,221 -18%

CNMD Hedge Fund Activity: Q3 2014 in Review

164 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q3 2014, worth a combined $884M — down 16% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of CNMD and 19 opened new positions — a net loss of 16 holders — while 65 trimmed existing stakes and 50 added.

The largest buyer was Visium Asset Management, adding an estimated $63.7M. The largest seller was Loeb Offshore Management, exiting entirely with an estimated $19.6M sold.

  • 164 institutional investors held CONMED (CNMD) as of Q3 2014, down from 181 in Q2 2014.
  • Funds reported $884M of CONMED stock for Q3 2014, down 16% quarter-over-quarter.
  • 19 funds opened new CONMED positions in Q3 2014 and 35 closed out, a net change of -16 holders.
  • The largest CONMED buyer in Q3 2014 was Visium Asset Management, an estimated $63.7M added.
  • The largest CONMED seller in Q3 2014 was Loeb Offshore Management, an estimated $19.6M sold.

Based on aggregated 13F filings for Q3 2014.