Globus Medical
GMED
166 hedge funds and large institutions have $1.13B invested in Globus Medical in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 35 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 56
0.67% less ownership
Funds ownership: 82.71% → 82.04% (-0.67%)
5% less funds holding
Funds holding: 175 → 166 (-9)
15% less capital invested
Capital invested by funds: $1.33B → $1.13B (-$197M)
20% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $124K | Put options by funds: $272K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$26.3M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$24.9M |
| 3 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
+$14.2M |
| 4 |
Millennium Management
New York
|
+$12M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$31.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.9M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$23.6M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$17M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$12.1M |
GMED Hedge Fund Activity: Q3 2014 in Review
166 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q3 2014, worth a combined $1.13B — down 15% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of GMED and 28 opened new positions — a net loss of 7 holders — while 56 trimmed existing stakes and 65 added.
The largest buyer was Deerfield Management, opening a new position worth an estimated $26.3M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $31.9M sold.
- 166 institutional investors held Globus Medical (GMED) as of Q3 2014, down from 175 in Q2 2014.
- Funds reported $1.13B of Globus Medical stock for Q3 2014, down 15% quarter-over-quarter.
- 28 funds opened new Globus Medical positions in Q3 2014 and 35 closed out, a net change of -7 holders.
- The largest Globus Medical buyer in Q3 2014 was Deerfield Management, an estimated $26.3M added.
- The largest Globus Medical seller in Q3 2014 was OppenheimerFunds, an estimated $31.9M sold.
Based on aggregated 13F filings for Q3 2014.