Merit Medical Systems
MMSI
202 hedge funds and large institutions have $2.61B invested in Merit Medical Systems in 2020 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 70 reducing their positions, and 20 closing their positions.
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
46% more capital invested
Capital invested by funds: $1.79B → $2.61B (+$817M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more funds holding
Funds holding: 192 → 202 (+10)
0.53% less ownership
Funds ownership: 103.79% → 103.26% (-0.53%)
6% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 70
8% less call options, than puts
Call options by funds: $3.18M | Put options by funds: $3.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$15M |
| 2 |
Goldman Sachs
New York
|
+$12.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.1M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$10.2M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$43.9M |
| 2 |
SV
Starboard Value
New York
|
-$21M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$10.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.5M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$9.02M |
MMSI Hedge Fund Activity: Q2 2020 in Review
202 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Merit Medical Systems (MMSI) for Q2 2020, worth a combined $2.61B — up 46% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new MMSI positions and 20 closed out — a net gain of 12 holders — while 66 added to existing stakes and 70 trimmed.
The largest buyer was Conestoga Capital Advisors, adding an estimated $15M. The largest seller was Nuance Investments, cutting an estimated $43.9M.
- 202 institutional investors held Merit Medical Systems (MMSI) as of Q2 2020, up from 192 in Q1 2020.
- Funds reported $2.61B of Merit Medical Systems stock for Q2 2020, up 46% quarter-over-quarter.
- 32 funds opened new Merit Medical Systems positions in Q2 2020 and 20 closed out, a net change of +12 holders.
- The largest Merit Medical Systems buyer in Q2 2020 was Conestoga Capital Advisors, an estimated $15M added.
- The largest Merit Medical Systems seller in Q2 2020 was Nuance Investments, an estimated $43.9M sold.
Based on aggregated 13F filings for Q2 2020.