CONMED
CNMD
146 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, 51 increasing their positions, 59 reducing their positions, and 23 closing their positions.
279% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $413K
6% less funds holding
Funds holding: 155 → 146 (-9)
14% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 59
16% less capital invested
Capital invested by funds: $1.35B → $1.13B (-$213M)
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: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$31.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$29.6M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$8.15M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$18.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$10M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
-$7.8M |
CNMD Hedge Fund Activity: Q3 2016 in Review
146 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q3 2016, worth a combined $1.13B — down 16% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CNMD and 14 opened new positions — a net loss of 9 holders — while 59 trimmed existing stakes and 51 added.
The largest buyer was Camber Capital Management, opening a new position worth an estimated $31.8M. The largest seller was Westwood Holdings Group, cutting an estimated $18.2M.
- 146 institutional investors held CONMED (CNMD) as of Q3 2016, down from 155 in Q2 2016.
- Funds reported $1.13B of CONMED stock for Q3 2016, down 16% 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 Westwood Holdings Group, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2016.