Intuitive Surgical
ISRG
493 hedge funds and large institutions have $13.5B invested in Intuitive Surgical in 2013 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 140 increasing their positions, 192 reducing their positions, and 56 closing their positions.
50% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 56
5% more capital invested
Capital invested by funds: $12.9B → $13.5B (+$657M)
5% more funds holding
Funds holding: 470 → 493 (+23)
27% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 192
31% less call options, than puts
Call options by funds: $569M | Put options by funds: $829M
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$250M |
| 2 |
O
OppenheimerFunds
New York
|
+$208M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
+$189M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$159M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$260M |
| 2 |
Coatue Management
New York
|
-$159M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$139M |
| 4 |
Renaissance Technologies
New York
|
-$93.5M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$79.2M |
ISRG Hedge Fund Activity: Q4 2013 in Review
493 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Intuitive Surgical (ISRG) for Q4 2013, worth a combined $13.5B — up 5.1% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new ISRG positions and 56 closed out — a net gain of 28 holders — while 140 added to existing stakes and 192 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $250M. The largest seller was AllianceBernstein, cutting an estimated $260M.
- 493 institutional investors held Intuitive Surgical (ISRG) as of Q4 2013, up from 470 in Q3 2013.
- Funds reported $13.5B of Intuitive Surgical stock for Q4 2013, up 5.1% quarter-over-quarter.
- 84 funds opened new Intuitive Surgical positions in Q4 2013 and 56 closed out, a net change of +28 holders.
- The largest Intuitive Surgical buyer in Q4 2013 was Fidelity Investments, an estimated $250M added.
- The largest Intuitive Surgical seller in Q4 2013 was AllianceBernstein, an estimated $260M sold.
Based on aggregated 13F filings for Q4 2013.