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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
Canada Life
76
Canada Life
Manitoba, Canada
$39.8M -$9.24K -117 -0%
Fayez Sarofim & Co
77
Fayez Sarofim & Co
Texas
$39.5M +$4.09M +51,741 +13%
MNA
78
Manning & Napier Advisors
New York
$39.1M -$77.2M -977,679 -68%
O
79
OrbiMed
New York
$38.6M -$67.6M -855,900 -65%
Victory Capital Management
80
Victory Capital Management
Texas
$38.1M +$168K +2,124 +0.5%
RSCM
81
Rock Springs Capital Management
Maryland
$36.8M
Manulife (Manufacturers Life Insurance)
82
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$35.6M +$5.81M +73,521 +21%
AQR Capital Management
83
AQR Capital Management
Connecticut
$33.4M -$12.8M -162,072 -29%
State of Wisconsin Investment Board
84
State of Wisconsin Investment Board
Wisconsin
$32.9M +$3.59M +45,432 +13%
Axa
85
Axa
France
$31.2M +$7.8M +98,703 +37%
Lord, Abbett & Co
86
Lord, Abbett & Co
New Jersey
$30.6M +$19.6M +248,625 +225%
GIA
87
Gateway Investment Advisers
Ohio
$30.3M -$262K -3,321 -0.9%
Bank of Montreal
88
Bank of Montreal
Ontario, Canada
$28.6M -$3.84M -48,555 -13%
Ohio Public Employees Retirement System (OPERS)
89
Ohio Public Employees Retirement System (OPERS)
Ohio
$28.5M +$2.76M +35,001 +12%
Two Sigma Advisers
90
Two Sigma Advisers
New York
$28.5M +$23.5M +298,026 +825%
Point72 Asset Management
91
Point72 Asset Management
Connecticut
$26.5M +$15.9M +201,600 +184%
HSBC Holdings
92
HSBC Holdings
United Kingdom
$26.2M -$1.34M -16,902 -5%
EAM
93
Eagle Asset Management
Florida
$25.3M -$10.3M -129,987 -30%
LCP
94
LGT Capital Partners
Switzerland
$24.8M -$766K -9,693 -3%
Grantham, Mayo, Van Otterloo & Co (GMO)
95
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$24.3M -$15.3M -193,473 -40%
Ameriprise
96
Ameriprise
Minnesota
$23.3M -$7.68M -97,281 -26%
RHBC
97
R.H. Bluestein & Co
Michigan
$23M +$11.1M +140,490 +108%
William Blair & Company
98
William Blair & Company
Illinois
$23M +$579K +7,326 +3%
National Pension Service
99
National Pension Service
South Korea
$22.6M +$595K +7,533 +3%
SAM
100
Sectoral Asset Management
Quebec, Canada
$22M -$9.77M -123,696 -32%

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.