Globus Medical
GMED
182 hedge funds and large institutions have $1.37B invested in Globus Medical in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 84 increasing their positions, 55 reducing their positions, and 17 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 55
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
3.96% more ownership
Funds ownership: 89.86% → 93.82% (+4%)
1% more funds holding
Funds holding: 180 → 182 (+2)
16% less capital invested
Capital invested by funds: $1.63B → $1.37B (-$255M)
23% less call options, than puts
Call options by funds: $1.52M | Put options by funds: $1.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$22.4M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$19.7M |
| 3 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$17.9M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$16.4M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$16.9M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$9.45M |
| 3 |
VAM
Visium Asset Management
New York
|
-$6.64M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.06M |
| 5 |
Two Sigma Investments
New York
|
-$4.42M |
GMED Hedge Fund Activity: Q3 2015 in Review
182 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q3 2015, worth a combined $1.37B — down 16% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GMED positions and 17 closed out — a net gain of 3 holders — while 84 added to existing stakes and 55 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $22.4M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $16.9M sold.
- 182 institutional investors held Globus Medical (GMED) as of Q3 2015, up from 180 in Q2 2015.
- Funds reported $1.37B of Globus Medical stock for Q3 2015, down 16% quarter-over-quarter.
- 20 funds opened new Globus Medical positions in Q3 2015 and 17 closed out, a net change of +3 holders.
- The largest Globus Medical buyer in Q3 2015 was Systematic Financial Management, an estimated $22.4M added.
- The largest Globus Medical seller in Q3 2015 was Point72 Asset Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2015.