Globus Medical
GMED
204 hedge funds and large institutions have $1.64B invested in Globus Medical in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 87 increasing their positions, 54 reducing their positions, and 26 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 54
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
7% more funds holding
Funds holding: 191 → 204 (+13)
3.32% more ownership
Funds ownership: 93.95% → 97.27% (+3.3%)
12% less capital invested
Capital invested by funds: $1.85B → $1.64B (-$214M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
52% less call options, than puts
Call options by funds: $2.77M | Put options by funds: $5.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$34.3M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$18.7M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$16.9M |
| 4 |
Millennium Management
New York
|
+$11.5M |
| 5 |
Morgan Stanley
New York
|
+$9.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$56.6M |
| 2 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$18M |
| 3 |
TA
Teachers Advisors
New York
|
-$9.46M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$9.31M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$8.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
226
Advisors Asset Management
Monument,
Colorado
| – | -$100K | -3,603 | Closed |
|
|
PAM
227
Panagora Asset Management
Boston,
Massachusetts
| – | -$32K | -1,147 | Closed |
|
|
IA
228
IFP Advisors
Tampa,
Florida
| – | -$26K | -949 | Closed |
|
229
Walleye Trading
New York
| – | -$6K | -206 | Closed |
|
|
QI
230
QS Investors
New York
| – | -$1K | -11 | Closed |
|
GMED Hedge Fund Activity: Q1 2016 in Review
204 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q1 2016, worth a combined $1.64B — down 12% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new GMED positions and 26 closed out — a net gain of 15 holders — while 87 added to existing stakes and 54 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $34.3M. The largest seller was Systematic Financial Management, cutting an estimated $56.6M.
- 204 institutional investors held Globus Medical (GMED) as of Q1 2016, up from 191 in Q4 2015.
- Funds reported $1.64B of Globus Medical stock for Q1 2016, down 12% quarter-over-quarter.
- 41 funds opened new Globus Medical positions in Q1 2016 and 26 closed out, a net change of +15 holders.
- The largest Globus Medical buyer in Q1 2016 was Janus Henderson Investors US, an estimated $34.3M added.
- The largest Globus Medical seller in Q1 2016 was Systematic Financial Management, an estimated $56.6M sold.
Based on aggregated 13F filings for Q1 2016.