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Intuitive Surgical

1,006 hedge funds and large institutions have $50.5B invested in Intuitive Surgical in 2020 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 383 increasing their positions, 354 reducing their positions, and 125 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.1% more ownership

Funds ownership: 259.35%263.45% (+4.1%)

8% more repeat investments, than reductions

Existing positions increased: 383 | Existing positions reduced: 354

2% less first-time investments, than exits

New positions opened: 122 | Existing positions closed: 125

2% less funds holding

Funds holding: 1,0221,006 (-16)

4% less funds holding in top 10

Funds holding in top 10: 2827 (-1)

14% less capital invested

Capital invested by funds: $58.8B → $50.5B (-$8.24B)

34% less call options, than puts

Call options by funds: $836M | Put options by funds: $1.27B

Holders
1,006
Holders Change
-16
Holders Change %
-1.57%
% of All Funds
22.17%
Holding in Top 10
27
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.57%
% of All Funds
0.59%
New
122
Increased
383
Reduced
354
Closed
125
Calls
$836M
Puts
$1.27B
Net Calls
-$430M
Net Calls Change
+$991M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$5.08B -$46.8M -255,327 -0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.58B +$129M +703,596 +3%
BlackRock
3
BlackRock
New York
$4.41B +$218M +1,192,671 +5%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$3.49B +$21.9M +119,811 +0.6%
Capital World Investors
5
Capital World Investors
California
$2.46B +$325M +1,775,448 +14%
State Street
6
State Street
Massachusetts
$2.4B -$3.25M -17,736 -0.1%
Morgan Stanley
7
Morgan Stanley
New York
$2.26B -$21.8M -119,217 -0.9%
Edgewood Management
8
Edgewood Management
Connecticut
$1.51B +$177M +967,248 +12%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$1.46B +$13.2M +71,823 +0.8%
Baillie Gifford & Co
10
Baillie Gifford & Co
United Kingdom
$1.07B -$6.09M -33,258 -0.5%
AllianceBernstein
11
AllianceBernstein
Tennessee
$967M +$112M +612,156 +12%
JP Morgan Chase
12
JP Morgan Chase
New York
$872M -$107M -586,860 -10%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$817M +$21.6M +117,771 +2%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$710M +$639M +3,487,407 +429%
Northern Trust
15
Northern Trust
Illinois
$637M -$12.5M -68,220 -2%
Brown Advisory
16
Brown Advisory
Maryland
$544M +$61.4M +335,211 +11%
Norges Bank
17
Norges Bank
Norway
$510M +$22.2M +121,365 +4%
American Century Companies
18
American Century Companies
Missouri
$502M +$40.7M +222,315 +8%
Janus Henderson Group
19
Janus Henderson Group
United Kingdom
$480M -$158M -864,348 -23%
N
20
Nuveen
North Carolina
$473M -$291M -1,590,840 -36%
Jennison Associates
21
Jennison Associates
New York
$466M -$872M -4,760,166 -63%
Sumitomo Mitsui Trust Group
22
Sumitomo Mitsui Trust Group
Japan
$466M +$256M +1,396,896 +98%
Franklin Resources
23
Franklin Resources
California
$450M +$45.9M +250,518 +10%
Bank of America
24
Bank of America
North Carolina
$432M +$41.8M +228,069 +10%
Legal & General Group
25
Legal & General Group
United Kingdom
$369M +$9.26M +50,571 +2%

ISRG Hedge Fund Activity: Q1 2020 in Review

1,006 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Intuitive Surgical (ISRG) for Q1 2020, worth a combined $50.5B — down 14% from $58.8B a quarter earlier.

Sellers outnumbered buyers: 125 funds closed out of ISRG and 122 opened new positions — a net loss of 3 holders — while 354 trimmed existing stakes and 383 added.

The largest buyer was Wellington Management Group, adding an estimated $639M. The largest seller was Jennison Associates, cutting an estimated $872M.

  • 1,006 institutional investors held Intuitive Surgical (ISRG) as of Q1 2020, down from 1,022 in Q4 2019.
  • Funds reported $50.5B of Intuitive Surgical stock for Q1 2020, down 14% quarter-over-quarter.
  • 122 funds opened new Intuitive Surgical positions in Q1 2020 and 125 closed out, a net change of -3 holders.
  • The largest Intuitive Surgical buyer in Q1 2020 was Wellington Management Group, an estimated $639M added.
  • The largest Intuitive Surgical seller in Q1 2020 was Jennison Associates, an estimated $872M sold.

Based on aggregated 13F filings for Q1 2020.