Merit Medical Systems
MMSI
258 hedge funds and large institutions have $3.3B invested in Merit Medical Systems in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 99 increasing their positions, 88 reducing their positions, and 44 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 88
1.04% more ownership
Funds ownership: 99.69% → 100.73% (+1%)
2% less capital invested
Capital invested by funds: $3.38B → $3.3B (-$83.1M)
8% less funds holding
Funds holding: 279 → 258 (-21)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
39% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 44
75% less call options, than puts
Call options by funds: $4.25M | Put options by funds: $17.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$49.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$29.8M |
| 3 |
BlackRock
New York
|
+$28.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$22M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.8M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$30.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$24.1M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$13.8M |
| 5 |
PA
Perceptive Advisors
New York
|
-$13.5M |
MMSI Hedge Fund Activity: Q2 2019 in Review
258 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Merit Medical Systems (MMSI) for Q2 2019, worth a combined $3.3B — down 2.5% from $3.38B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of MMSI and 27 opened new positions — a net loss of 17 holders — while 88 trimmed existing stakes and 99 added.
The largest buyer was Conestoga Capital Advisors, opening a new position worth an estimated $49.4M. The largest seller was Fidelity Investments, cutting an estimated $60.8M.
- 258 institutional investors held Merit Medical Systems (MMSI) as of Q2 2019, down from 279 in Q1 2019.
- Funds reported $3.3B of Merit Medical Systems stock for Q2 2019, down 2.5% quarter-over-quarter.
- 27 funds opened new Merit Medical Systems positions in Q2 2019 and 44 closed out, a net change of -17 holders.
- The largest Merit Medical Systems buyer in Q2 2019 was Conestoga Capital Advisors, an estimated $49.4M added.
- The largest Merit Medical Systems seller in Q2 2019 was Fidelity Investments, an estimated $60.8M sold.
Based on aggregated 13F filings for Q2 2019.