Medtronic
MDT
1,266 hedge funds and large institutions have $98B invested in Medtronic in 2016 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 391 increasing their positions, 597 reducing their positions, and 64 closing their positions.
27% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 64
0% more funds holding
Funds holding: 1,262 → 1,266 (+4)
0.39% less ownership
Funds ownership: 83.2% → 82.82% (-0.39%)
2% less capital invested
Capital invested by funds: $100B → $98B (-$2.47B)
22% less funds holding in top 10
Funds holding in top 10: 111 → 87 (-24)
35% less repeat investments, than reductions
Existing positions increased: 391 | Existing positions reduced: 597
53% less call options, than puts
Call options by funds: $367M | Put options by funds: $775M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$663M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$149M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$116M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$115M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GE
General Electric
Evendale,
Ohio
|
-$518M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$200M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$179M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$146M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$141M |
MDT Hedge Fund Activity: Q3 2016 in Review
1,266 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Medtronic (MDT) for Q3 2016, worth a combined $98B — down 2.5% from $100B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new MDT positions and 64 closed out — a net gain of 17 holders — while 391 added to existing stakes and 597 trimmed.
The largest buyer was State Street, adding an estimated $663M. The largest seller was General Electric, exiting entirely with an estimated $518M sold.
- 1,266 institutional investors held Medtronic (MDT) as of Q3 2016, up from 1,262 in Q2 2016.
- Funds reported $98B of Medtronic stock for Q3 2016, down 2.5% quarter-over-quarter.
- 81 funds opened new Medtronic positions in Q3 2016 and 64 closed out, a net change of +17 holders.
- The largest Medtronic buyer in Q3 2016 was State Street, an estimated $663M added.
- The largest Medtronic seller in Q3 2016 was General Electric, an estimated $518M sold.
Based on aggregated 13F filings for Q3 2016.