Globus Medical
GMED
273 hedge funds and large institutions have $3.07B invested in Globus Medical in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 102 increasing their positions, 100 reducing their positions, and 63 closing their positions.
5.72% more ownership
Funds ownership: 87.61% → 93.33% (+5.7%)
2% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 100
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
7% less call options, than puts
Call options by funds: $15.4M | Put options by funds: $16.6M
11% less funds holding
Funds holding: 307 → 273 (-34)
23% less capital invested
Capital invested by funds: $3.97B → $3.07B (-$896M)
44% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$70M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$50.7M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$31.9M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$31.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.7M |
| 2 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$17M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$16.2M |
| 4 |
Two Sigma Investments
New York
|
-$13.5M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$11.5M |
GMED Hedge Fund Activity: Q1 2020 in Review
273 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q1 2020, worth a combined $3.07B — down 23% from $3.97B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of GMED and 35 opened new positions — a net loss of 28 holders — while 100 trimmed existing stakes and 102 added.
The largest buyer was Nuance Investments, adding an estimated $70M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $24.7M sold.
- 273 institutional investors held Globus Medical (GMED) as of Q1 2020, down from 307 in Q4 2019.
- Funds reported $3.07B of Globus Medical stock for Q1 2020, down 23% quarter-over-quarter.
- 35 funds opened new Globus Medical positions in Q1 2020 and 63 closed out, a net change of -28 holders.
- The largest Globus Medical buyer in Q1 2020 was Nuance Investments, an estimated $70M added.
- The largest Globus Medical seller in Q1 2020 was Balyasny Asset Management, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2020.