Globus Medical
GMED
137 hedge funds and large institutions have $1.05B invested in Globus Medical in 2013 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 58 increasing their positions, 36 reducing their positions, and 14 closing their positions.
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
61% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 36
17% more capital invested
Capital invested by funds: $899M → $1.05B (+$149M)
14% more funds holding
Funds holding: 120 → 137 (+17)
0.57% more ownership
Funds ownership: 78.79% → 79.36% (+0.57%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $79K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$16.7M |
| 2 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$14.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$11.8M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$11.7M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$110M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.9M |
| 3 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
-$12.9M |
| 4 |
RA
Royce & Associates
New York
|
-$10.5M |
| 5 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$9.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -47 | Closed |
|
GMED Hedge Fund Activity: Q4 2013 in Review
137 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q4 2013, worth a combined $1.05B — up 17% from $899M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new GMED positions and 14 closed out — a net gain of 17 holders — while 58 added to existing stakes and 36 trimmed.
The largest buyer was Loomis, Sayles & Company, adding an estimated $16.7M. The largest seller was Goldman Sachs, cutting an estimated $110M.
- 137 institutional investors held Globus Medical (GMED) as of Q4 2013, up from 120 in Q3 2013.
- Funds reported $1.05B of Globus Medical stock for Q4 2013, up 17% quarter-over-quarter.
- 31 funds opened new Globus Medical positions in Q4 2013 and 14 closed out, a net change of +17 holders.
- The largest Globus Medical buyer in Q4 2013 was Loomis, Sayles & Company, an estimated $16.7M added.
- The largest Globus Medical seller in Q4 2013 was Goldman Sachs, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2013.