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CONMED

234 hedge funds and large institutions have $2.8B invested in CONMED in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 72 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 72

15% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 27

12% more capital invested

Capital invested by funds: $2.5B → $2.8B (+$301M)

2% more funds holding

Funds holding: 230234 (+4)

0.54% less ownership

Funds ownership: 103.6%103.06% (-0.54%)

13% less call options, than puts

Call options by funds: $5.33M | Put options by funds: $6.13M

Holders
234
Holders Change
+4
Holders Change %
+1.74%
% of All Funds
5.13%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
31
Increased
89
Reduced
72
Closed
27
Calls
$5.33M
Puts
$6.13M
Net Calls
-$800K
Net Calls Change
-$2.07M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$412M +$18M +191,914 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$281M +$5.37M +57,161 +2%
Capital Research Global Investors
3
Capital Research Global Investors
California
$218M
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$131M -$1.59M -16,954 -1%
CIP
5
Champlain Investment Partners
Vermont
$126M -$13.3M -141,920 -10%
State Street
6
State Street
Massachusetts
$87.9M -$9.84M -104,828 -10%
Macquarie Group
7
Macquarie Group
Australia
$69.2M -$6.9M -73,472 -9%
Principal Financial Group
8
Principal Financial Group
Iowa
$68.6M +$1.19M +12,645 +2%
Northern Trust
9
Northern Trust
Illinois
$62.4M +$3.37M +35,914 +6%
Capital World Investors
10
Capital World Investors
California
$57.7M
Goldman Sachs
11
Goldman Sachs
New York
$50.7M -$11.9M -126,582 -19%
HRCM
12
Hood River Capital Management
Florida
$48.8M +$5.59M +59,507 +13%
Norges Bank
13
Norges Bank
Norway
$48.4M
Fidelity Investments
14
Fidelity Investments
Massachusetts
$47.8M +$18.8M +199,869 +67%
HM
15
HealthCor Management
New York
$41M -$2.65M -28,280 -6%
Loomis, Sayles & Company
16
Loomis, Sayles & Company
Massachusetts
$40.3M +$4.46M +47,481 +13%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$38.8M +$1.67M +17,832 +5%
Invesco
18
Invesco
Georgia
$38.7M +$400K +4,258 +1%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$36.1M +$243K +2,584 +0.7%
Fisher Asset Management
20
Fisher Asset Management
Washington
$35.1M -$13.4M -142,878 -28%
EAM
21
Eagle Asset Management
Florida
$34.4M +$22.2M +236,680 +195%
Millennium Management
22
Millennium Management
New York
$32.9M -$5.89M -62,727 -15%
Victory Capital Management
23
Victory Capital Management
Texas
$32.6M +$15.1K +161 +0%
N
24
Nuveen
North Carolina
$29.6M +$1.53M +16,290 +6%
Federated Hermes
25
Federated Hermes
Pennsylvania
$28.9M +$7.44M +79,283 +36%

CNMD Hedge Fund Activity: Q3 2019 in Review

234 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q3 2019, worth a combined $2.8B — up 12% from $2.5B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new CNMD positions and 27 closed out — a net gain of 4 holders — while 89 added to existing stakes and 72 trimmed.

The largest buyer was Columbus Circle Investors, opening a new position worth an estimated $24M. The largest seller was Point72 Asset Management, cutting an estimated $62.9M.

  • 234 institutional investors held CONMED (CNMD) as of Q3 2019, up from 230 in Q2 2019.
  • Funds reported $2.8B of CONMED stock for Q3 2019, up 12% quarter-over-quarter.
  • 31 funds opened new CONMED positions in Q3 2019 and 27 closed out, a net change of +4 holders.
  • The largest CONMED buyer in Q3 2019 was Columbus Circle Investors, an estimated $24M added.
  • The largest CONMED seller in Q3 2019 was Point72 Asset Management, an estimated $62.9M sold.

Based on aggregated 13F filings for Q3 2019.