Enovis
ENOV
237 hedge funds and large institutions have $2.36B invested in Enovis in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 95 increasing their positions, 72 reducing their positions, and 63 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 72
2.29% more ownership
Funds ownership: 56.32% → 58.61% (+2.3%)
14% less funds holding
Funds holding: 276 → 237 (-39)
43% less capital invested
Capital invested by funds: $4.15B → $2.36B (-$1.79B)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
57% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 63
71% less call options, than puts
Call options by funds: $3.66M | Put options by funds: $12.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$122M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$86.9M |
| 3 |
EC
Eminence Capital
New York
|
+$47.7M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$32.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$59.1M |
| 2 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
-$45.4M |
| 3 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$36M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$32.8M |
| 5 |
Two Sigma Investments
New York
|
-$22.6M |
ENOV Hedge Fund Activity: Q1 2020 in Review
237 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Enovis (ENOV) for Q1 2020, worth a combined $2.36B — down 43% from $4.15B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of ENOV and 27 opened new positions — a net loss of 36 holders — while 72 trimmed existing stakes and 95 added.
The largest buyer was Fidelity Investments, adding an estimated $122M. The largest seller was Millennium Management, cutting an estimated $59.1M.
- 237 institutional investors held Enovis (ENOV) as of Q1 2020, down from 276 in Q4 2019.
- Funds reported $2.36B of Enovis stock for Q1 2020, down 43% quarter-over-quarter.
- 27 funds opened new Enovis positions in Q1 2020 and 63 closed out, a net change of -36 holders.
- The largest Enovis buyer in Q1 2020 was Fidelity Investments, an estimated $122M added.
- The largest Enovis seller in Q1 2020 was Millennium Management, an estimated $59.1M sold.
Based on aggregated 13F filings for Q1 2020.