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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
TD Asset Management
51
TD Asset Management
Ontario, Canada
$65.1M +$2.7M +34,146 +5%
EVM
52
Eaton Vance Management
Massachusetts
$62.9M -$7.39M -93,546 -11%
GC
53
Guggenheim Capital
Illinois
$60M -$5.22M -66,024 -9%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$58.4M +$1.68M +21,321 +3%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$57.6M -$2.49M -31,500 -4%
Deutsche Bank
56
Deutsche Bank
Germany
$56.7M -$18.4M -233,541 -26%
Baird Financial Group
57
Baird Financial Group
Wisconsin
$56.1M -$830K -10,512 -2%
Adage Capital Partners
58
Adage Capital Partners
Massachusetts
$56M +$12.5M +157,995 +32%
GGHC
59
Gilder Gagnon Howe & Co
New York
$55.9M +$51.4M +651,204 +13,808%
PPA
60
Parametric Portfolio Associates
Washington
$54.6M -$14.9M -188,379 -23%
AII
61
AGF Investments Inc
Ontario, Canada
$54.2M -$1.63M -20,637 -3%
Balyasny Asset Management
62
Balyasny Asset Management
Illinois
$52.6M +$46.2M +584,460 +1,789%
Russell Investments Group
63
Russell Investments Group
United Kingdom
$51.6M +$12.6M +159,003 +36%
UBS Group
64
UBS Group
Switzerland
$51.3M -$6.41M -81,126 -12%
SO
65
STRS Ohio
Ohio
$51.2M -$12.1M -153,090 -20%
Prudential Financial
66
Prudential Financial
New Jersey
$50.1M -$2.25M -28,485 -5%
Dimensional Fund Advisors
67
Dimensional Fund Advisors
Texas
$49.6M +$523K +6,615 +1%
Asset Management One
68
Asset Management One
Japan
$48.6M -$3.54M -44,811 -7%
New York State Teachers Retirement System (NYSTRS)
69
New York State Teachers Retirement System (NYSTRS)
New York
$45.8M -$2.51M -31,725 -6%
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$45.1M +$1.97M +24,912 +5%
GA
71
Geneva Advisors
Illinois
$43.3M -$2.5M -31,707 -6%
Chevy Chase Trust
72
Chevy Chase Trust
Maryland
$43.1M +$2.43M +30,744 +6%
Principal Financial Group
73
Principal Financial Group
Iowa
$43M -$3.51M -44,388 -8%
BNP Paribas Financial Markets
74
BNP Paribas Financial Markets
France
$40.8M +$27.4M +346,689 +261%
Royal Bank of Canada
75
Royal Bank of Canada
Ontario, Canada
$40.8M -$13.5M -170,451 -26%

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.