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Intuitive Surgical

497 hedge funds and large institutions have $17B invested in Intuitive Surgical in 2015 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 153 increasing their positions, 194 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less capital invested

Capital invested by funds: $17.7B → $17B (-$681M)

3% less funds holding

Funds holding: 511497 (-14)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

14% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 51

21% less repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 194

22% less call options, than puts

Call options by funds: $425M | Put options by funds: $543M

Holders
497
Holders Change
-14
Holders Change %
-2.74%
% of All Funds
13.25%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.27%
New
44
Increased
153
Reduced
194
Closed
51
Calls
$425M
Puts
$543M
Net Calls
-$118M
Net Calls Change
+$73.1M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$2.91B +$9.58M +169,299 +0.3%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$1.21B -$12.7M -223,803 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.02B +$47.7M +842,589 +5%
Morgan Stanley
4
Morgan Stanley
New York
$1B -$72.2M -1,275,903 -7%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$787M +$38.6M +681,876 +5%
State Street
6
State Street
Massachusetts
$764M -$17.7M -312,885 -2%
Brown Advisory
7
Brown Advisory
Maryland
$696M -$34.3M -606,051 -5%
BIT
8
BlackRock Institutional Trust
California
$476M +$5.13M +90,585 +1%
AllianceBernstein
9
AllianceBernstein
Tennessee
$386M +$80.9M +1,429,056 +26%
American Century Companies
10
American Century Companies
Missouri
$338M +$40.3M +711,468 +13%
BFA
11
BlackRock Fund Advisors
California
$309M +$9.99M +176,517 +3%
UBS AM
12
UBS AM
Illinois
$272M -$1.38M -24,354 -0.5%
Edgewood Management
13
Edgewood Management
Connecticut
$271M +$5.22M +92,295 +2%
WRF
14
Waddell & Reed Financial
Kansas
$252M +$674K +11,907 +0.3%
Northern Trust
15
Northern Trust
Illinois
$249M -$4.53M -79,992 -2%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$227M +$1.62M +28,539 +0.7%
O
17
OrbiMed
New York
$207M -$15.4M -272,700 -7%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$202M +$7.75M +136,953 +4%
BG
19
BlackRock Group
United Kingdom
$173M -$1.49M -26,343 -0.8%
TCIM
20
TIAA CREF Investment Management
New York
$168M -$770K -13,599 -0.5%
Invesco
21
Invesco
Georgia
$164M -$9.24M -163,215 -5%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$147M +$7.67M +135,477 +5%
Capital World Investors
23
Capital World Investors
California
$147M -$5.6M -99,000 -4%
Goldman Sachs
24
Goldman Sachs
New York
$142M +$13.7M +242,856 +11%
Norges Bank
25
Norges Bank
Norway
$131M -$5.31M -93,789 -4%

ISRG Hedge Fund Activity: Q1 2015 in Review

497 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Intuitive Surgical (ISRG) for Q1 2015, worth a combined $17B — down 3.9% from $17.7B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of ISRG and 44 opened new positions — a net loss of 7 holders — while 194 trimmed existing stakes and 153 added.

The largest buyer was AllianceBernstein, adding an estimated $80.9M. The largest seller was Morgan Stanley, cutting an estimated $72.2M.

  • 497 institutional investors held Intuitive Surgical (ISRG) as of Q1 2015, down from 511 in Q4 2014.
  • Funds reported $17B of Intuitive Surgical stock for Q1 2015, down 3.9% quarter-over-quarter.
  • 44 funds opened new Intuitive Surgical positions in Q1 2015 and 51 closed out, a net change of -7 holders.
  • The largest Intuitive Surgical buyer in Q1 2015 was AllianceBernstein, an estimated $80.9M added.
  • The largest Intuitive Surgical seller in Q1 2015 was Morgan Stanley, an estimated $72.2M sold.

Based on aggregated 13F filings for Q1 2015.