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Globus Medical

390 hedge funds and large institutions have $4.23B invested in Globus Medical in 2023 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 107 increasing their positions, 132 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

443% more call options, than puts

Call options by funds: $39.7M | Put options by funds: $7.31M

10% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 82

0% more funds holding

Funds holding: 390390 (0)

1.83% less ownership

Funds ownership: 97.97%96.14% (-1.8%)

19% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 132

24% less capital invested

Capital invested by funds: $5.57B → $4.23B (-$1.33B)

33% less funds holding in top 10

Funds holding in top 10: 96 (-3)

Holders
390
Holders Change
Holders Change %
0%
% of All Funds
6.22%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
90
Increased
107
Reduced
132
Closed
82
Calls
$39.7M
Puts
$7.31M
Net Calls
+$32.4M
Net Calls Change
+$11.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$427M +$13.6M +212,638 +3%
BlackRock
2
BlackRock
New York
$425M +$2.17M +33,806 +0.5%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$379M +$67.7M +1,055,636 +19%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$155M -$39.3M -613,334 -18%
State Street
5
State Street
Massachusetts
$129M +$5.33M +83,146 +4%
William Blair Investment Management
6
William Blair Investment Management
Illinois
$106M -$29.1M -454,473 -20%
NI
7
Nuance Investments
Missouri
$105M +$118M +1,834,444 +15,474%
JP Morgan Chase
8
JP Morgan Chase
New York
$104M +$32M +498,592 +37%
GKIM
9
GW&K Investment Management
Massachusetts
$96.3M -$773K -12,056 -0.7%
CIP
10
Champlain Investment Partners
Vermont
$93.2M -$21.5M -336,030 -17%
HRCM
11
Hawk Ridge Capital Management
California
$90.4M +$102M +1,595,800 New
Axa
12
Axa
France
$86.3M +$13K +202 +0%
Marshall Wace
13
Marshall Wace
United Kingdom
$86.2M +$97.6M +1,522,491 New
GCM
14
Geneva Capital Management
Wisconsin
$81.2M +$604K +9,412 +0.7%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$70.5M +$28M +436,652 +54%
Barclays
16
Barclays
United Kingdom
$68.7M +$77M +1,200,254 +9,333%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$68.5M +$695K +10,842 +0.9%
VBA
18
Van Berkom & Associates
Quebec, Canada
$65M +$21.7M +338,535 +42%
Citadel Advisors
19
Citadel Advisors
Florida
$63.9M +$64M +997,390 +760%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$51.9M +$5.74M +89,584 +11%
Grantham, Mayo, Van Otterloo & Co (GMO)
21
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$50.5M +$48.7M +760,108 +576%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$49.4M -$115K -1,792 -0.2%
Norges Bank
23
Norges Bank
Norway
$45.8M +$42.1M +656,073 +430%
PCMI
24
Paradigm Capital Management Inc
New York
$40.4M +$2.67M +41,700 +6%
BTW
25
Boston Trust Walden
Massachusetts
$38.5M +$1.19M +18,502 +3%

GMED Hedge Fund Activity: Q1 2023 in Review

390 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Globus Medical (GMED) for Q1 2023, worth a combined $4.23B — down 24% from $5.57B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new GMED positions and 82 closed out — a net gain of 8 holders — while 107 added to existing stakes and 132 trimmed.

The largest buyer was Nuance Investments, adding an estimated $118M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $397M.

  • 390 institutional investors held Globus Medical (GMED) as of Q1 2023, unchanged from Q4 2022.
  • Funds reported $4.23B of Globus Medical stock for Q1 2023, down 24% quarter-over-quarter.
  • 90 funds opened new Globus Medical positions in Q1 2023 and 82 closed out, a net change of +8 holders.
  • The largest Globus Medical buyer in Q1 2023 was Nuance Investments, an estimated $118M added.
  • The largest Globus Medical seller in Q1 2023 was Kayne Anderson Rudnick Investment Management, an estimated $397M sold.

Based on aggregated 13F filings for Q1 2023.