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Medtronic

2,023 hedge funds and large institutions have $83.5B invested in Medtronic in 2024 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 823 increasing their positions, 840 reducing their positions, and 162 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more call options, than puts

Call options by funds: $652M | Put options by funds: $492M

0% more ownership

Funds ownership: 82.71%82.71% (+0%)

2% less repeat investments, than reductions

Existing positions increased: 823 | Existing positions reduced: 840

3% less funds holding

Funds holding: 2,0752,023 (-52)

13% less capital invested

Capital invested by funds: $95.7B → $83.5B (-$12.2B)

14% less first-time investments, than exits

New positions opened: 140 | Existing positions closed: 162

26% less funds holding in top 10

Funds holding in top 10: 3123 (-8)

Holders
2,023
Holders Change
-52
Holders Change %
-2.51%
% of All Funds
29.22%
Holding in Top 10
23
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-25.81%
% of All Funds
0.33%
New
140
Increased
823
Reduced
840
Closed
162
Calls
$652M
Puts
$492M
Net Calls
+$160M
Net Calls Change
+$295M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$9.97B +$26.5M +323,738 +0.3%
BlackRock
2
BlackRock
New York
$8.81B -$171M -2,088,286 -2%
State Street
3
State Street
Massachusetts
$4.78B +$11.6M +141,196 +0.2%
Capital Research Global Investors
4
Capital Research Global Investors
California
$2.5B +$69.5M +847,606 +3%
JP Morgan Chase
5
JP Morgan Chase
New York
$2.25B -$251M -3,061,843 -10%
Morgan Stanley
6
Morgan Stanley
New York
$2.23B +$104M +1,266,542 +5%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.11B +$17.2M +210,063 +0.8%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$1.95B -$58.9M -718,646 -3%
Bank of America
9
Bank of America
North Carolina
$1.69B -$127M -1,544,768 -7%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$1.67B -$179M -2,181,380 -9%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.65B -$67.4M -821,596 -4%
Franklin Resources
12
Franklin Resources
California
$1.55B +$21.4M +260,998 +1%
Deutsche Bank
13
Deutsche Bank
Germany
$1.31B -$30.8M -375,094 -2%
Norges Bank
14
Norges Bank
Norway
$1.23B +$5.72M +69,809 +0.5%
Sanders Capital
15
Sanders Capital
Florida
$1.01B +$7.71M +94,054 +0.7%
Northern Trust
16
Northern Trust
Illinois
$967M +$8.02M +97,856 +0.8%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$898M -$121M -1,476,942 -11%
Ameriprise
18
Ameriprise
Minnesota
$859M -$24.1M -293,735 -3%
Invesco
19
Invesco
Georgia
$848M +$44M +536,126 +5%
AllianceBernstein
20
AllianceBernstein
Tennessee
$842M -$30M -365,756 -3%
American Century Companies
21
American Century Companies
Missouri
$819M -$70.3M -857,193 -8%
First Eagle Investment Management
22
First Eagle Investment Management
New York
$738M -$3.16M -38,599 -0.4%
Legal & General Group
23
Legal & General Group
United Kingdom
$729M -$34M -414,579 -4%
Pzena Investment Management
24
Pzena Investment Management
New York
$654M +$52.3M +637,931 +8%
Aristotle Capital Management
25
Aristotle Capital Management
California
$654M -$19.1M -232,544 -3%

MDT Hedge Fund Activity: Q2 2024 in Review

2,023 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Medtronic (MDT) for Q2 2024, worth a combined $83.5B — down 13% from $95.7B a quarter earlier.

Sellers outnumbered buyers: 162 funds closed out of MDT and 140 opened new positions — a net loss of 22 holders — while 840 trimmed existing stakes and 823 added.

The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $139M. The largest seller was T. Rowe Price Associates, cutting an estimated $650M.

  • 2,023 institutional investors held Medtronic (MDT) as of Q2 2024, down from 2,075 in Q1 2024.
  • Funds reported $83.5B of Medtronic stock for Q2 2024, down 13% quarter-over-quarter.
  • 140 funds opened new Medtronic positions in Q2 2024 and 162 closed out, a net change of -22 holders.
  • The largest Medtronic buyer in Q2 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $139M added.
  • The largest Medtronic seller in Q2 2024 was T. Rowe Price Associates, an estimated $650M sold.

Based on aggregated 13F filings for Q2 2024.