Globus Medical
GMED
158 hedge funds and large institutions have $1.42B invested in Globus Medical in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 52 increasing their positions, 60 reducing their positions, and 13 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
35% more capital invested
Capital invested by funds: $1.05B → $1.42B (+$370M)
15% more funds holding
Funds holding: 137 → 158 (+21)
1.56% more ownership
Funds ownership: 79.36% → 80.91% (+1.6%)
13% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 60
44% less call options, than puts
Call options by funds: $133K | Put options by funds: $239K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$40M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$25.4M |
| 3 |
O
OppenheimerFunds
New York
|
+$20.9M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$19M |
| 5 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$34.2M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$24.1M |
| 3 |
Goldman Sachs
New York
|
-$21.1M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$14.1M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.4M |
GMED Hedge Fund Activity: Q1 2014 in Review
158 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q1 2014, worth a combined $1.42B — up 35% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GMED positions and 13 closed out — a net gain of 23 holders — while 52 added to existing stakes and 60 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $40M. The largest seller was Deerfield Management, exiting entirely with an estimated $34.2M sold.
- 158 institutional investors held Globus Medical (GMED) as of Q1 2014, up from 137 in Q4 2013.
- Funds reported $1.42B of Globus Medical stock for Q1 2014, up 35% quarter-over-quarter.
- 36 funds opened new Globus Medical positions in Q1 2014 and 13 closed out, a net change of +23 holders.
- The largest Globus Medical buyer in Q1 2014 was Lord, Abbett & Co, an estimated $40M added.
- The largest Globus Medical seller in Q1 2014 was Deerfield Management, an estimated $34.2M sold.
Based on aggregated 13F filings for Q1 2014.