Intuitive Surgical
ISRG
481 hedge funds and large institutions have $15.3B invested in Intuitive Surgical in 2014 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 153 increasing their positions, 188 reducing their positions, and 65 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
13% more capital invested
Capital invested by funds: $13.5B → $15.3B (+$1.76B)
6% more call options, than puts
Call options by funds: $888M | Put options by funds: $839M
9% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 65
2% less funds holding
Funds holding: 493 → 481 (-12)
19% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 188
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$652M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$113M |
| 3 |
O
OrbiMed
New York
|
+$111M |
| 4 |
Morgan Stanley
New York
|
+$76.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$56.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$272M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$125M |
| 3 |
Two Sigma Investments
New York
|
-$82.3M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$66.9M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
-$61.5M |
ISRG Hedge Fund Activity: Q1 2014 in Review
481 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Intuitive Surgical (ISRG) for Q1 2014, worth a combined $15.3B — up 13% from $13.5B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of ISRG and 59 opened new positions — a net loss of 6 holders — while 188 trimmed existing stakes and 153 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $652M. The largest seller was Capital World Investors, cutting an estimated $272M.
- 481 institutional investors held Intuitive Surgical (ISRG) as of Q1 2014, down from 493 in Q4 2013.
- Funds reported $15.3B of Intuitive Surgical stock for Q1 2014, up 13% quarter-over-quarter.
- 59 funds opened new Intuitive Surgical positions in Q1 2014 and 65 closed out, a net change of -6 holders.
- The largest Intuitive Surgical buyer in Q1 2014 was T. Rowe Price Associates, an estimated $652M added.
- The largest Intuitive Surgical seller in Q1 2014 was Capital World Investors, an estimated $272M sold.
Based on aggregated 13F filings for Q1 2014.