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Globus Medical

439 hedge funds and large institutions have $6.08B invested in Globus Medical in 2024 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 144 increasing their positions, 149 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more call options, than puts

Call options by funds: $14.8M | Put options by funds: $5.62M

74% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 42

60% more funds holding in top 10

Funds holding in top 10: 1016 (+6)

8% more funds holding

Funds holding: 408439 (+31)

7.33% more ownership

Funds ownership: 93.09%100.41% (+7.3%)

6% more capital invested

Capital invested by funds: $5.72B → $6.08B (+$361M)

3% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 149

Holders
439
Holders Change
+31
Holders Change %
+7.6%
% of All Funds
6.32%
Holding in Top 10
16
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+60%
% of All Funds
0.23%
New
73
Increased
144
Reduced
149
Closed
42
Calls
$14.8M
Puts
$5.62M
Net Calls
+$9.14M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
FC
326
FORA Capital
Florida
$211K +$211K +3,931 New
VA
327
Vident Advisory
Georgia
$209K +$2.85K +53 +1%
CA
328
Cetera Advisors
Colorado
$204K +$205K +3,807 New
HI
329
Handelsinvest Investeringsforvaltning
Denmark
$201K -$104K -1,942 -34%
CFB
330
Cullen/Frost Bankers
Texas
$193K
CI Investments Inc
331
CI Investments Inc
Ontario, Canada
$174K +$78K +1,450 +81%
Osaic Holdings
332
Osaic Holdings
Arizona
$142K -$477K -8,874 -77%
Lazard Asset Management
333
Lazard Asset Management
New York
$131K -$8.28K -154 -6%
SAM
334
Smartleaf Asset Management
Massachusetts
$127K +$1.72K +32 +1%
C
335
Covestor
United Kingdom
$120K +$13.5K +252 +13%
LFA
336
LGT Financial Advisors
Texas
$91K +$88.4K +1,645 +3,225%
Northwestern Mutual Wealth Management
337
Northwestern Mutual Wealth Management
Wisconsin
$87.8K +$33K +613 +60%
CIBC Private Wealth Group
338
CIBC Private Wealth Group
Georgia
$81.9K +$82.8K +1,541 New
MG
339
Mather Group
Illinois
$69.1K +$69.7K +1,297 New
AF
340
Allworth Financial
California
$66.9K +$269 +5 +0.4%
NC
341
nVerses Capital
Florida
$64.4K +$64.5K +1,200 New
HIA
342
Harbor Investment Advisory
Maryland
$60.3K
RS
343
Rakuten Securities
Japan
$55.7K +$55.8K +1,038 New
Nisa Investment Advisors
344
Nisa Investment Advisors
Missouri
$53.9K +$376 +7 +0.7%
SR
345
Syntax Research
Florida
$53.6K
WT
346
Washington Trust
Rhode Island
$53.6K
QL
347
Quarry LP
New York
$51.7K +$7.69K +143 +17%
AssetMark Inc
348
AssetMark Inc
California
$46.4K -$215 -4 -0.5%
GRP
349
Global Retirement Partners
California
$38.6K -$7.37K -137 -16%
SVCP
350
Silicon Valley Capital Partners
California
$29.5K

GMED Hedge Fund Activity: Q1 2024 in Review

439 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q1 2024, worth a combined $6.08B — up 6.3% from $5.72B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new GMED positions and 42 closed out — a net gain of 31 holders — while 144 added to existing stakes and 149 trimmed.

The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $127M. The largest seller was Millennium Management, cutting an estimated $102M.

  • 439 institutional investors held Globus Medical (GMED) as of Q1 2024, up from 408 in Q4 2023.
  • Funds reported $6.08B of Globus Medical stock for Q1 2024, up 6.3% quarter-over-quarter.
  • 73 funds opened new Globus Medical positions in Q1 2024 and 42 closed out, a net change of +31 holders.
  • The largest Globus Medical buyer in Q1 2024 was Hawk Ridge Capital Management, an estimated $127M added.
  • The largest Globus Medical seller in Q1 2024 was Millennium Management, an estimated $102M sold.

Based on aggregated 13F filings for Q1 2024.