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Danaher

1,045 hedge funds and large institutions have $41.4B invested in Danaher in 2016 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 107 increasing their positions, 861 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

375% more call options, than puts

Call options by funds: $469M | Put options by funds: $98.6M

4% less funds holding

Funds holding: 1,0851,045 (-40)

22% less capital invested

Capital invested by funds: $53.1B → $41.4B (-$11.7B)

27.42% less ownership

Funds ownership: 114.29%86.87% (-27%)

28% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 104

56% less funds holding in top 10

Funds holding in top 10: 8939 (-50)

88% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 861

Holders
1,045
Holders Change
-40
Holders Change %
-3.69%
% of All Funds
27.88%
Holding in Top 10
39
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-56.18%
% of All Funds
1.04%
New
75
Increased
107
Reduced
861
Closed
104
Calls
$469M
Puts
$98.6M
Net Calls
+$370M
Net Calls Change
+$54.2M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$5.7B -$1.54B -21,676,130 -21%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.03B -$780M -11,004,013 -20%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$2.14B -$1.61B -22,761,538 -43%
State Street
4
State Street
Massachusetts
$1.85B -$490M -6,918,962 -21%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$1.63B -$809M -11,410,683 -33%
BIT
6
BlackRock Institutional Trust
California
$1.27B -$343M -4,841,146 -21%
Bank of America
7
Bank of America
North Carolina
$819M -$359M -5,072,188 -30%
BFA
8
BlackRock Fund Advisors
California
$752M -$33.8M -477,042 -4%
Northern Trust
9
Northern Trust
Illinois
$710M -$293M -4,138,569 -29%
Morgan Stanley
10
Morgan Stanley
New York
$592M +$59.5M +839,506 +11%
Brown Advisory
11
Brown Advisory
Maryland
$591M -$93.3M -1,316,340 -13%
Parnassus Investments
12
Parnassus Investments
California
$583M -$96M -1,354,699 -14%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$550M -$132M -1,867,635 -19%
BG
14
BlackRock Group
United Kingdom
$453M -$133M -1,870,701 -22%
Dodge & Cox
15
Dodge & Cox
California
$448M -$245M -3,453,289 -35%
Winslow Capital Management
16
Winslow Capital Management
Minnesota
$446M -$199M -2,810,257 -30%
Norges Bank
17
Norges Bank
Norway
$440M -$103M -1,459,907 -18%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$424M -$368M -5,185,123 -46%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$400M -$103M -1,454,314 -20%
Capital Research Global Investors
20
Capital Research Global Investors
California
$396M -$664M -9,370,939 -62%
TP
21
Third Point
New York
$353M -$46.2M -652,153 -11%
UBS AM
22
UBS AM
Illinois
$352M -$55.1M -777,127 -13%
UBS Group
23
UBS Group
Switzerland
$321M -$42.6M -600,343 -12%
AllianceBernstein
24
AllianceBernstein
Tennessee
$311M -$208M -2,938,670 -40%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$278M -$139M -1,954,612 -33%

DHR Hedge Fund Activity: Q3 2016 in Review

1,045 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Danaher (DHR) for Q3 2016, worth a combined $41.4B — down 22% from $53.1B a quarter earlier.

Sellers outnumbered buyers: 104 funds closed out of DHR and 75 opened new positions — a net loss of 29 holders — while 861 trimmed existing stakes and 107 added.

The largest buyer was Montag & Caldwell, opening a new position worth an estimated $170M. The largest seller was Fidelity Investments, cutting an estimated $1.61B.

  • 1,045 institutional investors held Danaher (DHR) as of Q3 2016, down from 1,085 in Q2 2016.
  • Funds reported $41.4B of Danaher stock for Q3 2016, down 22% quarter-over-quarter.
  • 75 funds opened new Danaher positions in Q3 2016 and 104 closed out, a net change of -29 holders.
  • The largest Danaher buyer in Q3 2016 was Montag & Caldwell, an estimated $170M added.
  • The largest Danaher seller in Q3 2016 was Fidelity Investments, an estimated $1.61B sold.

Based on aggregated 13F filings for Q3 2016.