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Globus Medical

312 hedge funds and large institutions have $4.07B invested in Globus Medical in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 111 increasing their positions, 109 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 30

25% more capital invested

Capital invested by funds: $3.27B → $4.07B (+$804M)

13% more call options, than puts

Call options by funds: $11.6M | Put options by funds: $10.3M

8% more funds holding

Funds holding: 290312 (+22)

2% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 109

0.98% more ownership

Funds ownership: 87.22%88.2% (+0.98%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
312
Holders Change
+22
Holders Change %
+7.59%
% of All Funds
7.13%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.14%
New
53
Increased
111
Reduced
109
Closed
30
Calls
$11.6M
Puts
$10.3M
Net Calls
+$1.35M
Net Calls Change
+$12.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$537M +$13.4M +254,550 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$382M +$11.6M +219,780 +3%
Ameriprise
3
Ameriprise
Minnesota
$364M -$881K -16,734 -7%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$287M -$34.7M -659,213 -12%
State Street
5
State Street
Massachusetts
$150M +$8.24M +156,519 +6%
AQR Capital Management
6
AQR Capital Management
Connecticut
$136M +$8.94M +169,823 +8%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$90.7M -$1.62M -30,805 -2%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$78.1M -$1.36M -25,799 -2%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$75.9M +$2.37M +44,951 +3%
VBA
10
Van Berkom & Associates
Quebec, Canada
$70.1M -$1.42M -26,996 -2%
Aberdeen Group
11
Aberdeen Group
United Kingdom
$70.1M +$2.07M +39,338 +3%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$68.1M -$9.83M -186,787 -13%
Victory Capital Management
13
Victory Capital Management
Texas
$67.7M -$7.51M -142,653 -11%
Northern Trust
14
Northern Trust
Illinois
$67.7M +$131K +2,488 +0.2%
GKIM
15
GW&K Investment Management
Massachusetts
$67.5M -$336K -6,377 -0.5%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$61M -$2.31M -43,887 -4%
Norges Bank
17
Norges Bank
Norway
$57.5M
Axa
18
Axa
France
$53.3M -$3.61M -68,560 -7%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$53.2M +$467K +8,871 +1%
Renaissance Technologies
20
Renaissance Technologies
New York
$50.5M +$1.87M +35,535 +4%
Marshall Wace
21
Marshall Wace
United Kingdom
$48.9M +$45.3M +860,708 New
Geode Capital Management
22
Geode Capital Management
Massachusetts
$43.6M +$2.15M +40,786 +6%
ORI
23
Oak Ridge Investments
Illinois
$43.6M -$3.1M -58,885 -7%
PCMI
24
Paradigm Capital Management Inc
New York
$41.6M -$174K -3,300 -0.4%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$40.6M +$12.3M +233,402 +48%

GMED Hedge Fund Activity: Q3 2018 in Review

312 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q3 2018, worth a combined $4.07B — up 25% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new GMED positions and 30 closed out — a net gain of 23 holders — while 111 added to existing stakes and 109 trimmed.

The largest buyer was Marshall Wace, opening a new position worth an estimated $45.3M. The largest seller was Freestone Capital Holdings, exiting entirely with an estimated $43.3M sold.

  • 312 institutional investors held Globus Medical (GMED) as of Q3 2018, up from 290 in Q2 2018.
  • Funds reported $4.07B of Globus Medical stock for Q3 2018, up 25% quarter-over-quarter.
  • 53 funds opened new Globus Medical positions in Q3 2018 and 30 closed out, a net change of +23 holders.
  • The largest Globus Medical buyer in Q3 2018 was Marshall Wace, an estimated $45.3M added.
  • The largest Globus Medical seller in Q3 2018 was Freestone Capital Holdings, an estimated $43.3M sold.

Based on aggregated 13F filings for Q3 2018.