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Medtronic

2,075 hedge funds and large institutions have $91.8B invested in Medtronic in 2023 Q4 according to their latest regulatory filings, with 269 funds opening new positions, 653 increasing their positions, 988 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more first-time investments, than exits

New positions opened: 269 | Existing positions closed: 135

7% more capital invested

Capital invested by funds: $85.6B → $91.8B (+$6.14B)

5% more funds holding

Funds holding: 1,9712,075 (+104)

3% more funds holding in top 10

Funds holding in top 10: 3132 (+1)

1.66% more ownership

Funds ownership: 82.1%83.76% (+1.7%)

5% more call options, than puts

Call options by funds: $847M | Put options by funds: $807M

34% less repeat investments, than reductions

Existing positions increased: 653 | Existing positions reduced: 988

Holders
2,075
Holders Change
+104
Holders Change %
+5.28%
% of All Funds
30.25%
Holding in Top 10
32
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+3.23%
% of All Funds
0.47%
New
269
Increased
653
Reduced
988
Closed
135
Calls
$847M
Puts
$807M
Net Calls
+$39.9M
Net Calls Change
-$166M
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
51
Janus Henderson Group
United Kingdom
$289M -$17.6M -231,038 -6%
MGIM
52
M&G Investment Management
United Kingdom
$268M +$29.7M +389,934 +14%
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$264M -$1.83M -24,053 -0.7%
1832 Asset Management
54
1832 Asset Management
Ontario, Canada
$252M +$56.8M +744,968 +32%
MPI
55
Mairs & Power Inc
Minnesota
$242M -$1.49M -19,516 -0.7%
Bank of Montreal
56
Bank of Montreal
Ontario, Canada
$239M -$27.4M -358,953 -11%
RJFSA
57
Raymond James Financial Services Advisors
Florida
$232M -$2.53M -33,163 -1%
California Public Employees Retirement System
58
California Public Employees Retirement System
California
$231M -$3.34M -43,870 -2%
Principal Financial Group
59
Principal Financial Group
Iowa
$230M -$26.7M -349,950 -11%
FWIA
60
Fort Washington Investment Advisors
Ohio
$223M +$9.79M +128,483 +5%
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$219M -$1.71M -22,411 -0.8%
Flossbach Von Storch
62
Flossbach Von Storch
Germany
$208M -$12.6M -165,138 -6%
Manulife (Manufacturers Life Insurance)
63
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$207M -$2.39M -31,380 -1%
DekaBank Deutsche Girozentrale
64
DekaBank Deutsche Girozentrale
Germany
$206M +$7.36M +96,564 +4%
Canada Life
65
Canada Life
Manitoba, Canada
$200M -$2.31M -30,337 -1%
Federated Hermes
66
Federated Hermes
Pennsylvania
$198M -$26.1M -342,712 -12%
ProShare Advisors
67
ProShare Advisors
Maryland
$197M +$12M +157,129 +7%
DZ Bank
68
DZ Bank
Germany
$195M +$126M +1,655,978 +233%
AGA
69
Altrinsic Global Advisors
Connecticut
$192M -$10.2M -133,754 -5%
Caisse de Depot et Placement du Quebec (CDPQ)
70
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$190M -$3.45M -45,308 -2%
UIM
71
USS Investment Management
United Kingdom
$186M +$144M +1,893,437 +520%
Nordea Investment Management
72
Nordea Investment Management
Sweden
$185M +$70.6M +926,973 +71%
Russell Investments Group
73
Russell Investments Group
United Kingdom
$179M +$13.4M +175,788 +9%
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$178M +$1.89M +24,768 +1%
SGA
75
Sustainable Growth Advisers
Connecticut
$177M -$12M -157,959 -7%

MDT Hedge Fund Activity: Q4 2023 in Review

2,075 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Medtronic (MDT) for Q4 2023, worth a combined $91.8B — up 7.2% from $85.6B a quarter earlier.

Buyers outnumbered sellers: 269 funds opened new MDT positions and 135 closed out — a net gain of 134 holders — while 653 added to existing stakes and 988 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.74B. The largest seller was Ameriprise, cutting an estimated $379M.

  • 2,075 institutional investors held Medtronic (MDT) as of Q4 2023, up from 1,971 in Q3 2023.
  • Funds reported $91.8B of Medtronic stock for Q4 2023, up 7.2% quarter-over-quarter.
  • 269 funds opened new Medtronic positions in Q4 2023 and 135 closed out, a net change of +134 holders.
  • The largest Medtronic buyer in Q4 2023 was Morgan Stanley, an estimated $1.74B added.
  • The largest Medtronic seller in Q4 2023 was Ameriprise, an estimated $379M sold.

Based on aggregated 13F filings for Q4 2023.