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CONMED

145 hedge funds and large institutions have $1.13B invested in CONMED in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 60 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

279% more call options, than puts

Call options by funds: $1.57M | Put options by funds: $413K

6% less funds holding

Funds holding: 154145 (-9)

17% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 60

18% less capital invested

Capital invested by funds: $1.37B → $1.13B (-$243M)

39% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 23

100% less funds holding in top 10

Funds holding in top 10: 40 (-4)

Holders
145
Holders Change
-9
Holders Change %
-5.84%
% of All Funds
3.87%
Holding in Top 10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
50
Reduced
60
Closed
23
Calls
$1.57M
Puts
$413K
Net Calls
+$1.15M
Net Calls Change
+$820K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Scopia Capital Management
New York
$111M
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$94.7M +$530K +12,494 +0.5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$85.5M +$2.32M +54,581 +3%
BFA
4
BlackRock Fund Advisors
California
$71.5M +$4.24M +99,778 +6%
Victory Capital Management
5
Victory Capital Management
Texas
$67.3M +$29.6M +696,008 +71%
CIP
6
Champlain Investment Partners
Vermont
$60.2M +$1.61M +37,840 +3%
Capital Research Global Investors
7
Capital Research Global Investors
California
$50.1M
Capital World Investors
8
Capital World Investors
California
$44.4M
CRM
9
Cramer Rosenthal McGlynn
Connecticut
$43.7M +$1.06M +24,984 +2%
Goldman Sachs
10
Goldman Sachs
New York
$38.5M -$262K -6,182 -0.6%
CCM
11
Camber Capital Management
Massachusetts
$30M +$31.8M +750,000 New
BIT
12
BlackRock Institutional Trust
California
$26.8M +$283K +6,656 +1%
Fisher Asset Management
13
Fisher Asset Management
Washington
$25.4M +$8.15M +191,963 +43%
State Street
14
State Street
Massachusetts
$23.7M +$1.24M +29,090 +5%
Northern Trust
15
Northern Trust
Illinois
$22.8M +$487K +11,478 +2%
Macquarie Group
16
Macquarie Group
Australia
$22.6M -$21.6M -508,088 -47%
WHG
17
Westwood Holdings Group
Texas
$19.8M -$18.2M -428,505 -46%
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$18.1M -$408K -9,600 -2%
GIM
19
Granahan Investment Management
Massachusetts
$17.9M -$6.11M -144,000 -24%
William Blair Investment Management
20
William Blair Investment Management
Illinois
$17.6M -$362K -8,529 -2%
HCM
21
Huber Capital Management
California
$15.3M +$1.36M +32,000 +9%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$14.5M +$57.4K +1,351 +0.4%
KAM
23
Krensavage Asset Management
New York
$13.1M -$143K -3,357 -1%
ICOM
24
Investment Counselors of Maryland
Maryland
$12.8M -$1.98M -46,640 -13%
BA
25
BlackRock Advisors
Delaware
$11.4M -$67.4K -1,587 -0.6%

CNMD Hedge Fund Activity: Q3 2016 in Review

145 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q3 2016, worth a combined $1.13B — down 18% from $1.37B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of CNMD and 14 opened new positions — a net loss of 9 holders — while 60 trimmed existing stakes and 50 added.

The largest buyer was Camber Capital Management, opening a new position worth an estimated $31.8M. The largest seller was Macquarie Group, cutting an estimated $21.6M.

  • 145 institutional investors held CONMED (CNMD) as of Q3 2016, down from 154 in Q2 2016.
  • Funds reported $1.13B of CONMED stock for Q3 2016, down 18% quarter-over-quarter.
  • 14 funds opened new CONMED positions in Q3 2016 and 23 closed out, a net change of -9 holders.
  • The largest CONMED buyer in Q3 2016 was Camber Capital Management, an estimated $31.8M added.
  • The largest CONMED seller in Q3 2016 was Macquarie Group, an estimated $21.6M sold.

Based on aggregated 13F filings for Q3 2016.