Orthofix Medical
OFIX
132 hedge funds and large institutions have $815M invested in Orthofix Medical in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 56 reducing their positions, and 18 closing their positions.
16% more capital invested
Capital invested by funds: $703M → $815M (+$112M)
4% less funds holding
Funds holding: 137 → 132 (-5)
5.46% less ownership
Funds ownership: 102.68% → 97.22% (-5.5%)
12% less call options, than puts
Call options by funds: $554K | Put options by funds: $630K
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
32% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 56
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16.4M |
| 2 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
+$8.42M |
| 3 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$5.93M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$5.73M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oakview Capital Management
Dallas,
Texas
|
-$19.5M |
| 2 |
Renaissance Technologies
New York
|
-$11.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.1M |
| 4 |
SAM
Senzar Asset Management
New York
|
-$7.21M |
| 5 |
KAM
Krensavage Asset Management
New York
|
-$4.71M |
OFIX Hedge Fund Activity: Q2 2017 in Review
132 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Orthofix Medical (OFIX) for Q2 2017, worth a combined $815M — up 16% from $703M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of OFIX and 14 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 38 added.
The largest buyer was Millennium Management, adding an estimated $16.4M. The largest seller was Oakview Capital Management, exiting entirely with an estimated $19.5M sold.
- 132 institutional investors held Orthofix Medical (OFIX) as of Q2 2017, down from 137 in Q1 2017.
- Funds reported $815M of Orthofix Medical stock for Q2 2017, up 16% quarter-over-quarter.
- 14 funds opened new Orthofix Medical positions in Q2 2017 and 18 closed out, a net change of -4 holders.
- The largest Orthofix Medical buyer in Q2 2017 was Millennium Management, an estimated $16.4M added.
- The largest Orthofix Medical seller in Q2 2017 was Oakview Capital Management, an estimated $19.5M sold.
Based on aggregated 13F filings for Q2 2017.