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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
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$4.02B +$27.9M +352,638 +0.8%
BlackRock
2
BlackRock
New York
$2.18B +$1.95B +24,727,185 +2,771%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.92B +$21.5M +272,754 +1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.75B +$54M +683,046 +3%
State Street
5
State Street
Massachusetts
$1.24B -$9.25M -117,108 -0.8%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$1.24B -$26.8M -338,940 -2%
Baillie Gifford & Co
7
Baillie Gifford & Co
United Kingdom
$1.19B -$11.8M -148,968 -1%
Goldman Sachs
8
Goldman Sachs
New York
$1.03B +$753M +9,538,236 +379%
Capital World Investors
9
Capital World Investors
California
$737M +$160M +2,026,467 +31%
Edgewood Management
10
Edgewood Management
Connecticut
$705M +$183M +2,314,485 +39%
Morgan Stanley
11
Morgan Stanley
New York
$686M -$45.3M -572,868 -7%
JP Morgan Chase
12
JP Morgan Chase
New York
$621M -$30.9M -390,708 -5%
AllianceBernstein
13
AllianceBernstein
Tennessee
$513M -$85.8M -1,085,886 -15%
Brown Advisory
14
Brown Advisory
Maryland
$494M -$72.1M -913,248 -14%
American Century Companies
15
American Century Companies
Missouri
$423M +$22.1M +280,188 +6%
Northern Trust
16
Northern Trust
Illinois
$340M -$7.44M -94,212 -2%
WRF
17
Waddell & Reed Financial
Kansas
$320M +$129M +1,639,251 +77%
TCIM
18
TIAA CREF Investment Management
New York
$314M -$35.5M -449,532 -11%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$292M +$10.7M +135,153 +4%
Invesco
20
Invesco
Georgia
$259M -$1.79M -22,716 -0.7%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$215M +$44.2M +559,593 +28%
Norges Bank
22
Norges Bank
Norway
$215M +$16.7M +211,590 +9%
Wells Fargo
23
Wells Fargo
California
$210M -$29.9M -378,603 -13%
Lazard Asset Management
24
Lazard Asset Management
New York
$194M -$5.33M -67,500 -3%
JHIU
25
Janus Henderson Investors US
Colorado
$174M -$5.94M -75,204 -4%

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.