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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$10.1B +$41.4M +507,977 +0.4%
BlackRock
2
BlackRock
New York
$9.49B -$375M -4,604,295 -4%
State Street
3
State Street
Massachusetts
$4.88B -$4.72M -57,955 -0.1%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$2.92B +$68.9M +845,086 +2%
Capital Research Global Investors
5
Capital Research Global Investors
California
$2.42B +$98.1M +1,203,861 +4%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$2.41B +$7.2M +88,302 +0.3%
Bank of America
7
Bank of America
North Carolina
$2.14B +$234M +2,874,730 +12%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$2.11B -$83.7M -1,027,372 -4%
JP Morgan Chase
9
JP Morgan Chase
New York
$1.64B +$26.7M +327,737 +2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$1.62B +$43.6M +534,722 +3%
Franklin Resources
11
Franklin Resources
California
$1.61B +$91.7M +1,124,808 +6%
Morgan Stanley
12
Morgan Stanley
New York
$1.51B +$65.3M +801,053 +4%
Deutsche Bank
13
Deutsche Bank
Germany
$1.33B -$4.71M -57,828 -0.3%
Ameriprise
14
Ameriprise
Minnesota
$1.24B +$281M +3,443,262 +29%
Invesco
15
Invesco
Georgia
$1.14B +$47.3M +579,803 +4%
Northern Trust
16
Northern Trust
Illinois
$1.13B -$1.99M -24,455 -0.2%
Wells Fargo
17
Wells Fargo
California
$1.11B +$77M +945,090 +7%
Norges Bank
18
Norges Bank
Norway
$1.11B +$3.18M +39,007 +0.3%
Sanders Capital
19
Sanders Capital
Florida
$1.05B +$33.2M +407,644 +3%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$1.03B +$16.8M +205,663 +2%
Charles Schwab
21
Charles Schwab
California
$864M +$130M +1,590,562 +17%
American Century Companies
22
American Century Companies
Missouri
$863M -$105M -1,289,242 -11%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$827M -$24.9M -305,452 -3%
AllianceBernstein
24
AllianceBernstein
Tennessee
$803M +$6.51M +79,845 +0.8%
Legal & General Group
25
Legal & General Group
United Kingdom
$782M +$5.83M +71,558 +0.7%

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.