Globus Medical
GMED
175 hedge funds and large institutions have $1.33B invested in Globus Medical in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 53 reducing their positions, and 19 closing their positions.
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
32% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 53
22% more call options, than puts
Call options by funds: $234K | Put options by funds: $192K
11% more funds holding
Funds holding: 158 → 175 (+17)
1.8% more ownership
Funds ownership: 80.91% → 82.71% (+1.8%)
6% less capital invested
Capital invested by funds: $1.42B → $1.33B (-$88.8M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$31.2M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
+$20.2M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$19.6M |
| 4 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$16.5M |
| 5 |
Renaissance Technologies
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$64M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$35.2M |
| 3 |
Bank of New York Mellon
New York
|
-$16.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.9M |
GMED Hedge Fund Activity: Q2 2014 in Review
175 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q2 2014, worth a combined $1.33B — down 6.3% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GMED positions and 19 closed out — a net gain of 17 holders — while 70 added to existing stakes and 53 trimmed.
The largest buyer was Norges Bank, opening a new position worth an estimated $31.2M. The largest seller was RS Investment Management, exiting entirely with an estimated $64M sold.
- 175 institutional investors held Globus Medical (GMED) as of Q2 2014, up from 158 in Q1 2014.
- Funds reported $1.33B of Globus Medical stock for Q2 2014, down 6.3% quarter-over-quarter.
- 36 funds opened new Globus Medical positions in Q2 2014 and 19 closed out, a net change of +17 holders.
- The largest Globus Medical buyer in Q2 2014 was Norges Bank, an estimated $31.2M added.
- The largest Globus Medical seller in Q2 2014 was RS Investment Management, an estimated $64M sold.
Based on aggregated 13F filings for Q2 2014.