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Globus Medical

263 hedge funds and large institutions have $2.6B invested in Globus Medical in 2017 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 81 increasing their positions, 98 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

234% more call options, than puts

Call options by funds: $8.73M | Put options by funds: $2.62M

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

33% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 36

27% more capital invested

Capital invested by funds: $2.04B → $2.6B (+$557M)

4% more funds holding

Funds holding: 253263 (+10)

7.9% less ownership

Funds ownership: 95.28%87.37% (-7.9%)

17% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 98

Holders
263
Holders Change
+10
Holders Change %
+3.95%
% of All Funds
5.97%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
48
Increased
81
Reduced
98
Closed
36
Calls
$8.73M
Puts
$2.62M
Net Calls
+$6.12M
Net Calls Change
-$5.56M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$321M +$5.6M +159,963 +2%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$276M -$2.6M -74,137 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$244M +$2.98M +85,057 +1%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$143M +$10.3M +295,406 +9%
State Street
5
State Street
Massachusetts
$103M +$2.03M +58,017 +2%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$76.3M -$18.1M -518,290 -22%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$71.9M -$3.31M -94,519 -5%
Aberdeen Group
8
Aberdeen Group
United Kingdom
$70.8M -$14.1M -401,650 -19%
VBA
9
Van Berkom & Associates
Quebec, Canada
$62.4M -$11.4M -325,035 -18%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$53.5M -$1.22M -34,796 -3%
GKIM
11
GW&K Investment Management
Massachusetts
$53M -$5.2M -148,394 -10%
NIMC
12
NWQ Investment Management Company
California
$51.2M +$13.1M +375,234 +43%
Northern Trust
13
Northern Trust
Illinois
$48M -$1.76M -50,318 -4%
AQR Capital Management
14
AQR Capital Management
Connecticut
$43.2M -$124K -3,550 -0.3%
Norges Bank
15
Norges Bank
Norway
$39.6M -$2.5M -71,356 -7%
ORI
16
Oak Ridge Investments
Illinois
$38.9M -$12.8M -365,753 -28%
Axa
17
Axa
France
$38.2M +$6.22M +177,803 +24%
MAMU
18
Marathon Asset Management (UK)
United Kingdom
$31.7M +$425K +12,126 +2%
American Century Companies
19
American Century Companies
Missouri
$31.6M -$1.51M -43,019 -5%
GT
20
Glenmede Trust
Pennsylvania
$31M -$17.1M -489,614 -39%
PCMI
21
Paradigm Capital Management Inc
New York
$30.2M -$123K -3,500 -0.5%
Wells Fargo
22
Wells Fargo
California
$27.8M +$771K +22,011 +3%
N
23
Nuveen
North Carolina
$27.3M -$45.6K -1,302 -0.2%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$24.6M -$3.6M -102,760 -15%
ACA
25
Anchor Capital Advisors
Massachusetts
$21.9M -$284K -8,122 -2%

GMED Hedge Fund Activity: Q4 2017 in Review

263 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q4 2017, worth a combined $2.6B — up 27% from $2.04B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new GMED positions and 36 closed out — a net gain of 12 holders — while 81 added to existing stakes and 98 trimmed.

The largest buyer was Fort Washington Investment Advisors, opening a new position worth an estimated $15.5M. The largest seller was Deutsche Bank, cutting an estimated $34.9M.

  • 263 institutional investors held Globus Medical (GMED) as of Q4 2017, up from 253 in Q3 2017.
  • Funds reported $2.6B of Globus Medical stock for Q4 2017, up 27% quarter-over-quarter.
  • 48 funds opened new Globus Medical positions in Q4 2017 and 36 closed out, a net change of +12 holders.
  • The largest Globus Medical buyer in Q4 2017 was Fort Washington Investment Advisors, an estimated $15.5M added.
  • The largest Globus Medical seller in Q4 2017 was Deutsche Bank, an estimated $34.9M sold.

Based on aggregated 13F filings for Q4 2017.