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Intuitive Surgical

946 hedge funds and large institutions have $57B invested in Intuitive Surgical in 2019 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 345 increasing their positions, 329 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 80

22% more capital invested

Capital invested by funds: $46.7B → $57B (+$10.3B)

2.61% more ownership

Funds ownership: 257.74%260.35% (+2.6%)

5% more repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 329

1% more funds holding

Funds holding: 938946 (+8)

23% less funds holding in top 10

Funds holding in top 10: 4031 (-9)

43% less call options, than puts

Call options by funds: $949M | Put options by funds: $1.67B

Holders
946
Holders Change
+8
Holders Change %
+0.85%
% of All Funds
20.48%
Holding in Top 10
31
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-22.5%
% of All Funds
0.67%
New
101
Increased
345
Reduced
329
Closed
80
Calls
$949M
Puts
$1.67B
Net Calls
-$722M
Net Calls Change
+$1.04B
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$5.95B +$17.8M +100,362 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.94B +$67M +376,770 +1%
BlackRock
3
BlackRock
New York
$4.81B +$51.6M +290,580 +1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$3.88B +$247M +1,388,871 +7%
State Street
5
State Street
Massachusetts
$2.76B +$127M +712,968 +5%
Capital World Investors
6
Capital World Investors
California
$1.97B +$247M +1,388,784 +15%
Morgan Stanley
7
Morgan Stanley
New York
$1.76B -$38.1M -214,143 -2%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$1.54B -$5.42M -30,498 -0.4%
Jennison Associates
9
Jennison Associates
New York
$1.53B +$389M +2,189,130 +37%
Edgewood Management
10
Edgewood Management
Connecticut
$1.38B +$6.65M +37,431 +0.5%
JP Morgan Chase
11
JP Morgan Chase
New York
$1.32B +$108M +609,252 +10%
Baillie Gifford & Co
12
Baillie Gifford & Co
United Kingdom
$1.23B -$12.9M -72,666 -1%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$1.02B -$22.9M -128,796 -2%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$982M +$154M +864,864 +20%
Invesco
15
Invesco
Georgia
$915M -$11.6M -65,130 -1%
AllianceBernstein
16
AllianceBernstein
Tennessee
$852M -$73.3M -412,701 -8%
Northern Trust
17
Northern Trust
Illinois
$766M +$7.71M +43,380 +1%
TCIM
18
TIAA CREF Investment Management
New York
$731M +$86.2M +485,169 +14%
Norges Bank
19
Norges Bank
Norway
$621M -$3.39M -19,095 -0.6%
Brown Advisory
20
Brown Advisory
Maryland
$552M -$61.8M -347,994 -11%
Bank of America
21
Bank of America
North Carolina
$534M +$37.2M +209,277 +8%
American Century Companies
22
American Century Companies
Missouri
$526M -$32.2M -181,017 -6%
Franklin Resources
23
Franklin Resources
California
$459M +$13M +73,128 +3%
Legal & General Group
24
Legal & General Group
United Kingdom
$403M +$68.2M +383,937 +22%
Allianz Asset Management
25
Allianz Asset Management
Germany
$362M +$47.1M +265,119 +16%

ISRG Hedge Fund Activity: Q1 2019 in Review

946 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Intuitive Surgical (ISRG) for Q1 2019, worth a combined $57B — up 22% from $46.7B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new ISRG positions and 80 closed out — a net gain of 21 holders — while 345 added to existing stakes and 329 trimmed.

The largest buyer was Jennison Associates, adding an estimated $389M. The largest seller was HealthCor Management, cutting an estimated $135M.

  • 946 institutional investors held Intuitive Surgical (ISRG) as of Q1 2019, up from 938 in Q4 2018.
  • Funds reported $57B of Intuitive Surgical stock for Q1 2019, up 22% quarter-over-quarter.
  • 101 funds opened new Intuitive Surgical positions in Q1 2019 and 80 closed out, a net change of +21 holders.
  • The largest Intuitive Surgical buyer in Q1 2019 was Jennison Associates, an estimated $389M added.
  • The largest Intuitive Surgical seller in Q1 2019 was HealthCor Management, an estimated $135M sold.

Based on aggregated 13F filings for Q1 2019.