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Globus Medical

279 hedge funds and large institutions have $3.08B invested in Globus Medical in 2018 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 103 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

745% more call options, than puts

Call options by funds: $41.4M | Put options by funds: $4.9M

51% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 35

18% more capital invested

Capital invested by funds: $2.6B → $3.08B (+$477M)

6% more funds holding

Funds holding: 263279 (+16)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

1.92% less ownership

Funds ownership: 87.37%85.45% (-1.9%)

18% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 103

Holders
279
Holders Change
+16
Holders Change %
+6.08%
% of All Funds
6.39%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
53
Increased
84
Reduced
103
Closed
35
Calls
$41.4M
Puts
$4.9M
Net Calls
+$36.5M
Net Calls Change
+$30.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$25.1M +$3.88M +82,600 +20%
Bank of America
27
Bank of America
North Carolina
$23.2M -$1.43M -30,362 -6%
ACA
28
Anchor Capital Advisors
Massachusetts
$22.2M -$4.11M -87,360 -16%
Charles Schwab
29
Charles Schwab
California
$21M +$1.47M +31,253 +8%
N
30
Nuveen
North Carolina
$19.3M -$13M -276,560 -42%
Principal Financial Group
31
Principal Financial Group
Iowa
$18.1M +$540K +11,481 +3%
American Century Companies
32
American Century Companies
Missouri
$18M -$19.2M -407,733 -53%
Morgan Stanley
33
Morgan Stanley
New York
$17.8M +$1.29M +27,537 +8%
FWIA
34
Fort Washington Investment Advisors
Ohio
$17.1M -$4.64M -98,700 -22%
BTW
35
Boston Trust Walden
Massachusetts
$17M -$1.18M -25,171 -7%
Millennium Management
36
Millennium Management
New York
$16.9M +$2.26M +48,022 +17%
Balyasny Asset Management
37
Balyasny Asset Management
Illinois
$16.8M +$11.5M +244,932 +266%
RHJA
38
Rice Hall James & Associates
California
$15.2M -$5.34M -113,642 -27%
TCIM
39
TIAA CREF Investment Management
New York
$14.6M +$1.26M +26,788 +10%
GAM
40
Gotham Asset Management
New York
$14.5M -$582K -12,391 -4%
Ameriprise
41
Ameriprise
Minnesota
$13.8M -$2.11M -44,939 -14%
SBH
42
Segall Bryant & Hamill
Illinois
$12.1M -$4.51M -95,930 -28%
Kayne Anderson Rudnick Investment Management
43
Kayne Anderson Rudnick Investment Management
California
$11.8M -$810K -17,239 -7%
GF
44
Gabelli Funds
New York
$11.1M -$353K -7,500 -3%
UBS AM
45
UBS AM
Illinois
$11M -$30.2K -642 -0.3%
GACM
46
Global Alpha Capital Management
Quebec, Canada
$10.9M +$1.48M +31,500 +17%
GC
47
Guggenheim Capital
Illinois
$10.5M -$630K -13,396 -6%
Canada Pension Plan Investment Board
48
Canada Pension Plan Investment Board
Ontario, Canada
$10.1M +$9.51M +202,300 New
Federated Hermes
49
Federated Hermes
Pennsylvania
$10M +$8.11M +172,620 +613%
AIG
50
American International Group
New York
$9.4M -$348K -7,395 -4%

GMED Hedge Fund Activity: Q1 2018 in Review

279 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q1 2018, worth a combined $3.08B — up 18% from $2.6B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new GMED positions and 35 closed out — a net gain of 18 holders — while 84 added to existing stakes and 103 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $52M. The largest seller was Janus Henderson Group, cutting an estimated $33.5M.

  • 279 institutional investors held Globus Medical (GMED) as of Q1 2018, up from 263 in Q4 2017.
  • Funds reported $3.08B of Globus Medical stock for Q1 2018, up 18% quarter-over-quarter.
  • 53 funds opened new Globus Medical positions in Q1 2018 and 35 closed out, a net change of +18 holders.
  • The largest Globus Medical buyer in Q1 2018 was Victory Capital Management, an estimated $52M added.
  • The largest Globus Medical seller in Q1 2018 was Janus Henderson Group, an estimated $33.5M sold.

Based on aggregated 13F filings for Q1 2018.