Inspire Medical Systems
INSP
364 hedge funds and large institutions have $5.65B invested in Inspire Medical Systems in 2023 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 145 increasing their positions, 120 reducing their positions, and 88 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 120
0.38% more ownership
Funds ownership: 96.29% → 96.66% (+0.38%)
11% less funds holding
Funds holding: 407 → 364 (-43)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
38% less capital invested
Capital invested by funds: $9.11B → $5.65B (-$3.46B)
44% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 88
51% less call options, than puts
Call options by funds: $68.4M | Put options by funds: $141M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$352M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$165M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$121M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$104M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$225M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$87.9M |
| 3 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
-$72.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$68.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$67.1M |
INSP Hedge Fund Activity: Q3 2023 in Review
364 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Inspire Medical Systems (INSP) for Q3 2023, worth a combined $5.65B — down 38% from $9.11B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of INSP and 49 opened new positions — a net loss of 39 holders — while 120 trimmed existing stakes and 145 added.
The largest buyer was Fidelity Investments, adding an estimated $352M. The largest seller was Invesco, cutting an estimated $225M.
- 364 institutional investors held Inspire Medical Systems (INSP) as of Q3 2023, down from 407 in Q2 2023.
- Funds reported $5.65B of Inspire Medical Systems stock for Q3 2023, down 38% quarter-over-quarter.
- 49 funds opened new Inspire Medical Systems positions in Q3 2023 and 88 closed out, a net change of -39 holders.
- The largest Inspire Medical Systems buyer in Q3 2023 was Fidelity Investments, an estimated $352M added.
- The largest Inspire Medical Systems seller in Q3 2023 was Invesco, an estimated $225M sold.
Based on aggregated 13F filings for Q3 2023.