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Intuitive Surgical

613 hedge funds and large institutions have $27.7B invested in Intuitive Surgical in 2017 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 174 increasing their positions, 259 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more funds holding in top 10

Funds holding in top 10: 1120 (+9)

59.11% more ownership

Funds ownership: 828.24%887.35% (+59%)

23% more capital invested

Capital invested by funds: $22.6B → $27.7B (+$5.11B)

3% less funds holding

Funds holding: 632613 (-19)

11% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 73

33% less repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 259

38% less call options, than puts

Call options by funds: $547M | Put options by funds: $880M

Holders
613
Holders Change
-19
Holders Change %
-3.01%
% of All Funds
15.26%
Holding in Top 10
20
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+81.82%
% of All Funds
0.5%
New
65
Increased
174
Reduced
259
Closed
73
Calls
$547M
Puts
$880M
Net Calls
-$333M
Net Calls Change
+$34.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PAMU
26
Pictet Asset Management (UK)
United Kingdom
$171M +$34.4M +435,771 +28%
Swiss National Bank
27
Swiss National Bank
Switzerland
$162M +$24.1M +305,100 +19%
Millennium Management
28
Millennium Management
New York
$161M +$81.2M +1,027,953 +119%
Franklin Resources
29
Franklin Resources
California
$153M +$27.3M +345,420 +24%
Legal & General Group
30
Legal & General Group
United Kingdom
$150M +$6.43M +81,351 +5%
Renaissance Technologies
31
Renaissance Technologies
New York
$149M -$3.5M -44,289 -2%
TA
32
Teachers Advisors
New York
$136M -$17.2M -218,250 -12%
PI
33
Putnam Investments
Massachusetts
$131M +$1.23M +15,597 +1%
DGI
34
Disciplined Growth Investors
Minnesota
$122M -$78.9K -999 -0.1%
DDC
35
DF Dent & Co
Maryland
$118M -$4.93M -62,397 -4%
HM
36
HealthCor Management
New York
$115M -$17.8M -225,000 -14%
Mitsubishi UFJ Trust & Banking
37
Mitsubishi UFJ Trust & Banking
Japan
$115M -$331K -4,194 -0.3%
Bank of America
38
Bank of America
North Carolina
$99.6M -$30.7M -388,467 -25%
Sumitomo Mitsui Trust Group
39
Sumitomo Mitsui Trust Group
Japan
$96.8M -$6.2M -78,534 -6%
CCI
40
Columbus Circle Investors
$92.1M -$32.4M -409,662 -27%
Charles Schwab
41
Charles Schwab
California
$88.5M +$1.25M +15,822 +2%
UBS AM
42
UBS AM
Illinois
$87.3M +$5.94M +75,159 +8%
VOYA Investment Management
43
VOYA Investment Management
Georgia
$85.7M -$18.8M -238,518 -19%
CS
44
Credit Suisse
Switzerland
$85.3M +$8.51M +107,685 +12%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$83.5M +$285K +3,609 +0.4%
Nomura Asset Management
46
Nomura Asset Management
Japan
$81.1M +$62.7M +793,260 +498%
O
47
OppenheimerFunds
New York
$73.8M -$11.7M -148,707 -15%
Credit Agricole
48
Credit Agricole
France
$71.4M +$16M +202,077 +32%
Allianz Asset Management
49
Allianz Asset Management
Germany
$69.2M -$2.97M -37,602 -4%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$67.3M -$284K -3,600 -0.5%

ISRG Hedge Fund Activity: Q1 2017 in Review

613 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Intuitive Surgical (ISRG) for Q1 2017, worth a combined $27.7B — up 23% from $22.6B a quarter earlier.

Sellers outnumbered buyers: 73 funds closed out of ISRG and 65 opened new positions — a net loss of 8 holders — while 259 trimmed existing stakes and 174 added.

The largest buyer was BlackRock, adding an estimated $1.95B. The largest seller was Winslow Capital Management, cutting an estimated $298M.

  • 613 institutional investors held Intuitive Surgical (ISRG) as of Q1 2017, down from 632 in Q4 2016.
  • Funds reported $27.7B of Intuitive Surgical stock for Q1 2017, up 23% quarter-over-quarter.
  • 65 funds opened new Intuitive Surgical positions in Q1 2017 and 73 closed out, a net change of -8 holders.
  • The largest Intuitive Surgical buyer in Q1 2017 was BlackRock, an estimated $1.95B added.
  • The largest Intuitive Surgical seller in Q1 2017 was Winslow Capital Management, an estimated $298M sold.

Based on aggregated 13F filings for Q1 2017.