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Medtronic

1,990 hedge funds and large institutions have $88B invested in Medtronic in 2023 Q1 according to their latest regulatory filings, with 186 funds opening new positions, 992 increasing their positions, 620 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 992 | Existing positions reduced: 620

56% more first-time investments, than exits

New positions opened: 186 | Existing positions closed: 119

20% more call options, than puts

Call options by funds: $666M | Put options by funds: $555M

1% more funds holding

Funds holding: 1,9611,990 (+29)

4% more capital invested

Capital invested by funds: $84.7B → $88B (+$3.25B)

0.59% more ownership

Funds ownership: 81.43%82.01% (+0.59%)

13% less funds holding in top 10

Funds holding in top 10: 3127 (-4)

Holders
1,990
Holders Change
+29
Holders Change %
+1.48%
% of All Funds
31.71%
Holding in Top 10
27
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-12.9%
% of All Funds
0.43%
New
186
Increased
992
Reduced
620
Closed
119
Calls
$666M
Puts
$555M
Net Calls
+$112M
Net Calls Change
-$265M
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
51
Fisher Asset Management
Washington
$276M +$9.56M +117,279 +4%
CCM
52
Cullen Capital Management
New York
$243M +$246M +3,018,873 New
Janus Henderson Group
53
Janus Henderson Group
United Kingdom
$240M -$88.1M -1,080,954 -27%
California Public Employees Retirement System
54
California Public Employees Retirement System
California
$231M -$36.6M -449,260 -14%
Grantham, Mayo, Van Otterloo & Co (GMO)
55
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$230M -$1.11M -13,654 -0.5%
MPI
56
Mairs & Power Inc
Minnesota
$228M +$1.71M +21,027 +0.8%
New York State Common Retirement Fund
57
New York State Common Retirement Fund
New York
$227M -$4.54M -55,749 -2%
Federated Hermes
58
Federated Hermes
Pennsylvania
$221M +$9.84M +120,671 +5%
VanEck Associates
59
VanEck Associates
New York
$214M +$36.8M +450,953 +20%
Flossbach Von Storch
60
Flossbach Von Storch
Germany
$214M +$19.6M +241,026 +10%
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$213M +$7.31M +89,648 +4%
RJFSA
62
Raymond James Financial Services Advisors
Florida
$211M +$39.5M +484,357 +23%
AGA
63
Altrinsic Global Advisors
Connecticut
$209M +$22.6M +277,046 +12%
DZ Bank
64
DZ Bank
Germany
$207M -$22.1M -270,988 -10%
Canada Life
65
Canada Life
Manitoba, Canada
$203M -$1.04M -12,750 -0.5%
FWIA
66
Fort Washington Investment Advisors
Ohio
$194M +$6M +73,646 +3%
MGIM
67
M&G Investment Management
United Kingdom
$193M +$21.7M +266,797 +13%
ProShare Advisors
68
ProShare Advisors
Maryland
$187M +$15.8M +193,352 +9%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$183M -$1.73M -21,244 -0.9%
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$180M -$33.1M -406,324 -15%
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$168M +$6.8M +83,378 +4%
Neuberger Berman Group
72
Neuberger Berman Group
New York
$168M +$140M +1,716,724 +470%
CS
73
Credit Suisse
Switzerland
$166M +$2.01M +24,667 +1%
Schroder Investment Management Group
74
Schroder Investment Management Group
United Kingdom
$160M -$1.14M -14,046 -0.7%
CB
75
Cooke & Bieler
Pennsylvania
$157M -$4.79M -58,831 -3%

MDT Hedge Fund Activity: Q1 2023 in Review

1,990 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Medtronic (MDT) for Q1 2023, worth a combined $88B — up 3.8% from $84.7B a quarter earlier.

Buyers outnumbered sellers: 186 funds opened new MDT positions and 119 closed out — a net gain of 67 holders — while 992 added to existing stakes and 620 trimmed.

The largest buyer was Ameriprise, adding an estimated $281M. The largest seller was BlackRock, cutting an estimated $375M.

  • 1,990 institutional investors held Medtronic (MDT) as of Q1 2023, up from 1,961 in Q4 2022.
  • Funds reported $88B of Medtronic stock for Q1 2023, up 3.8% quarter-over-quarter.
  • 186 funds opened new Medtronic positions in Q1 2023 and 119 closed out, a net change of +67 holders.
  • The largest Medtronic buyer in Q1 2023 was Ameriprise, an estimated $281M added.
  • The largest Medtronic seller in Q1 2023 was BlackRock, an estimated $375M sold.

Based on aggregated 13F filings for Q1 2023.