Merit Medical Systems
MMSI
219 hedge funds and large institutions have $1.66B invested in Merit Medical Systems in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 82 increasing their positions, 75 reducing their positions, and 65 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 75
2.16% less ownership
Funds ownership: 100.73% → 98.57% (-2.2%)
15% less funds holding
Funds holding: 258 → 219 (-39)
34% less call options, than puts
Call options by funds: $9.73M | Put options by funds: $14.7M
50% less capital invested
Capital invested by funds: $3.3B → $1.66B (-$1.64B)
58% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 65
100% less funds holding in top 10
Funds holding in top 10: 6 → 0 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$154M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$47.9M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$30M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$21.4M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$119M |
| 2 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$62.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$61.5M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$48.5M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$29.9M |
MMSI Hedge Fund Activity: Q3 2019 in Review
219 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Merit Medical Systems (MMSI) for Q3 2019, worth a combined $1.66B — down 50% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of MMSI and 27 opened new positions — a net loss of 38 holders — while 75 trimmed existing stakes and 82 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $154M. The largest seller was Wellington Management Group, exiting entirely with an estimated $119M sold.
- 219 institutional investors held Merit Medical Systems (MMSI) as of Q3 2019, down from 258 in Q2 2019.
- Funds reported $1.66B of Merit Medical Systems stock for Q3 2019, down 50% quarter-over-quarter.
- 27 funds opened new Merit Medical Systems positions in Q3 2019 and 65 closed out, a net change of -38 holders.
- The largest Merit Medical Systems buyer in Q3 2019 was ArrowMark Colorado Holdings, an estimated $154M added.
- The largest Merit Medical Systems seller in Q3 2019 was Wellington Management Group, an estimated $119M sold.
Based on aggregated 13F filings for Q3 2019.