CONMED
CNMD
165 hedge funds and large institutions have $885M invested in CONMED in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 65 reducing their positions, and 35 closing their positions.
93% more call options, than puts
Call options by funds: $590K | Put options by funds: $306K
9% less funds holding
Funds holding: 181 → 165 (-16)
16% less capital invested
Capital invested by funds: $1.06B → $885M (-$172M)
23% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 65
43% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Visium Asset Management
New York
|
+$63.7M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$19.4M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$15.9M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$13.7M |
| 5 |
SAM
Senzar Asset Management
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOM
Loeb Offshore Management
New York
|
-$19.6M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$17.6M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$13.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.2M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$9.49M |
CNMD Hedge Fund Activity: Q3 2014 in Review
165 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q3 2014, worth a combined $885M — down 16% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CNMD and 20 opened new positions — a net loss of 15 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.
- 165 institutional investors held CONMED (CNMD) as of Q3 2014, down from 181 in Q2 2014.
- Funds reported $885M of CONMED stock for Q3 2014, down 16% quarter-over-quarter.
- 20 funds opened new CONMED positions in Q3 2014 and 35 closed out, a net change of -15 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.