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CONMED

233 hedge funds and large institutions have $3.77B invested in CONMED in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 94 increasing their positions, 79 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more capital invested

Capital invested by funds: $3.12B → $3.77B (+$657M)

19% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 79

1.67% more ownership

Funds ownership: 117.4%119.07% (+1.7%)

10% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 31

3% less funds holding

Funds holding: 239233 (-6)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

71% less call options, than puts

Call options by funds: $10.6M | Put options by funds: $37M

Holders
233
Holders Change
-6
Holders Change %
-2.51%
% of All Funds
3.71%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
28
Increased
94
Reduced
79
Closed
31
Calls
$10.6M
Puts
$37M
Net Calls
-$26.4M
Net Calls Change
-$15.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$511M -$390K -4,029 -0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$359M +$2.91M +30,136 +0.9%
EARNEST Partners
3
EARNEST Partners
Georgia
$282M +$30.3M +313,537 +13%
Capital Research Global Investors
4
Capital Research Global Investors
California
$249M +$20.2M +209,356 +10%
Ameriprise
5
Ameriprise
Minnesota
$140M +$9.63M +99,568 +8%
State Street
6
State Street
Massachusetts
$121M +$3.27M +33,781 +3%
Bank of America
7
Bank of America
North Carolina
$117M +$12.7M +130,992 +13%
JP Morgan Chase
8
JP Morgan Chase
New York
$105M +$9.8M +101,351 +11%
CIP
9
Champlain Investment Partners
Vermont
$102M -$28.3M -292,370 -23%
Loomis, Sayles & Company
10
Loomis, Sayles & Company
Massachusetts
$83.4M +$4.62M +47,747 +6%
Principal Financial Group
11
Principal Financial Group
Iowa
$82.8M +$8.05M +83,224 +12%
Macquarie Group
12
Macquarie Group
Australia
$79.2M +$1.74M +17,968 +2%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$67.9M +$1.38M +14,292 +2%
Axa
14
Axa
France
$65.2M -$894K -9,247 -1%
Jennison Associates
15
Jennison Associates
New York
$64.9M +$520K +5,374 +0.9%
Wells Fargo
16
Wells Fargo
California
$64.4M +$3.57M +36,865 +6%
WHG
17
Westwood Holdings Group
Texas
$59M -$4.94M -51,047 -8%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$57.5M +$2.15M +22,207 +4%
SEI Investments
19
SEI Investments
Pennsylvania
$46.4M +$3.68M +38,002 +9%
Goldman Sachs
20
Goldman Sachs
New York
$44.4M +$5.08M +52,489 +14%
Aberdeen Group
21
Aberdeen Group
United Kingdom
$42.8M -$3.92M -40,485 -9%
Barclays
22
Barclays
United Kingdom
$39M +$15.4M +158,759 +73%
Invesco
23
Invesco
Georgia
$38.2M +$23.7K +245 +0.1%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$37.6M -$239K -2,474 -0.7%
VOYA Investment Management
25
VOYA Investment Management
Georgia
$35.5M -$127K -1,316 -0.4%

CNMD Hedge Fund Activity: Q1 2023 in Review

233 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CONMED (CNMD) for Q1 2023, worth a combined $3.77B — up 21% from $3.12B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of CNMD and 28 opened new positions — a net loss of 3 holders — while 79 trimmed existing stakes and 94 added.

The largest buyer was Camber Capital Management, opening a new position worth an estimated $31.4M. The largest seller was Citadel Advisors, cutting an estimated $36.5M.

  • 233 institutional investors held CONMED (CNMD) as of Q1 2023, down from 239 in Q4 2022.
  • Funds reported $3.77B of CONMED stock for Q1 2023, up 21% quarter-over-quarter.
  • 28 funds opened new CONMED positions in Q1 2023 and 31 closed out, a net change of -3 holders.
  • The largest CONMED buyer in Q1 2023 was Camber Capital Management, an estimated $31.4M added.
  • The largest CONMED seller in Q1 2023 was Citadel Advisors, an estimated $36.5M sold.

Based on aggregated 13F filings for Q1 2023.