Globus Medical
GMED
259 hedge funds and large institutions have $2.88B invested in Globus Medical in 2019 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 84 reducing their positions, and 41 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 84
1.14% more ownership
Funds ownership: 87.67% → 88.81% (+1.1%)
4% less funds holding
Funds holding: 269 → 259 (-10)
13% less capital invested
Capital invested by funds: $3.3B → $2.88B (-$420M)
17% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 41
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
81% less call options, than puts
Call options by funds: $3.42M | Put options by funds: $17.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$122M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$43.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$30.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.1M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$45.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$24M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$15.6M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$15.4M |
GMED Hedge Fund Activity: Q2 2019 in Review
259 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q2 2019, worth a combined $2.88B — down 13% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of GMED and 34 opened new positions — a net loss of 7 holders — while 84 trimmed existing stakes and 100 added.
The largest buyer was Janus Henderson Group, adding an estimated $122M. The largest seller was Victory Capital Management, exiting entirely with an estimated $45.6M sold.
- 259 institutional investors held Globus Medical (GMED) as of Q2 2019, down from 269 in Q1 2019.
- Funds reported $2.88B of Globus Medical stock for Q2 2019, down 13% quarter-over-quarter.
- 34 funds opened new Globus Medical positions in Q2 2019 and 41 closed out, a net change of -7 holders.
- The largest Globus Medical buyer in Q2 2019 was Janus Henderson Group, an estimated $122M added.
- The largest Globus Medical seller in Q2 2019 was Victory Capital Management, an estimated $45.6M sold.
Based on aggregated 13F filings for Q2 2019.