Globus Medical
GMED
197 hedge funds and large institutions have $1.47B invested in Globus Medical in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 83 reducing their positions, and 32 closing their positions.
851% more call options, than puts
Call options by funds: $9.3M | Put options by funds: $978K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.66% less ownership
Funds ownership: 96.39% → 90.72% (-5.7%)
6% less funds holding
Funds holding: 209 → 197 (-12)
11% less capital invested
Capital invested by funds: $1.65B → $1.47B (-$177M)
19% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 83
31% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
+$43.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$27M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.6M |
| 4 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$6.13M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$37.4M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$25.7M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$18.2M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$17.9M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$15.9M |
GMED Hedge Fund Activity: Q3 2016 in Review
197 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q3 2016, worth a combined $1.47B — down 11% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GMED and 22 opened new positions — a net loss of 10 holders — while 83 trimmed existing stakes and 67 added.
The largest buyer was Consonance Capital Management, opening a new position worth an estimated $43.7M. The largest seller was Invesco, cutting an estimated $37.4M.
- 197 institutional investors held Globus Medical (GMED) as of Q3 2016, down from 209 in Q2 2016.
- Funds reported $1.47B of Globus Medical stock for Q3 2016, down 11% quarter-over-quarter.
- 22 funds opened new Globus Medical positions in Q3 2016 and 32 closed out, a net change of -10 holders.
- The largest Globus Medical buyer in Q3 2016 was Consonance Capital Management, an estimated $43.7M added.
- The largest Globus Medical seller in Q3 2016 was Invesco, an estimated $37.4M sold.
Based on aggregated 13F filings for Q3 2016.