Smith & Nephew
215 hedge funds and large institutions have $1.15B invested in Smith & Nephew in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 80 increasing their positions, 45 reducing their positions, and 18 closing their positions.
365% more call options, than puts
Call options by funds: $6.25M | Put options by funds: $1.34M
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
83% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 18
78% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 45
6% more funds holding
Funds holding: 203 → 215 (+12)
5% more capital invested
Capital invested by funds: $1.09B → $1.15B (+$60M)
0.09% more ownership
Funds ownership: 4.7% → 4.79% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
+$27.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19.7M |
| 3 |
JP Morgan Chase
New York
|
+$17.9M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$9M |
| 5 |
BlackRock
New York
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$37.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$36.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.5M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$9.21M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
226
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$119K | -4,438 | Closed |
|
|
SSG
227
Summit Securities Group
New York
| – | -$38K | -1,412 | Closed |
|
228
Bessemer Group
Woodbridge,
New Jersey
| – | -$25K | -920 | Closed |
|
|
RBC
229
Romano Brothers & Co
Evanston,
Illinois
| – | -$4.46K | -166 | Closed |
|
|
HI
230
Harbour Investments
Madison,
Wisconsin
| – | -$2.21K | -82 | Closed |
|
|
CS
231
Comerica Securities
Detroit,
Michigan
| – | -$753 | -28 | Closed |
|
|
M
232
MOTCO
San Antonio,
Texas
| – | -$753 | -28 | Closed |
|
|
MCC
233
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$646 | -24 | Closed |
|
SNN Hedge Fund Activity: Q1 2023 in Review
215 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q1 2023, worth a combined $1.15B — up 5.5% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SNN positions and 18 closed out — a net gain of 15 holders — while 80 added to existing stakes and 45 trimmed.
The largest buyer was Soleus Capital Management, opening a new position worth an estimated $27.6M. The largest seller was Nuance Investments, cutting an estimated $37.2M.
- 215 institutional investors held Smith & Nephew (SNN) as of Q1 2023, up from 203 in Q4 2022.
- Funds reported $1.15B of Smith & Nephew stock for Q1 2023, up 5.5% quarter-over-quarter.
- 33 funds opened new Smith & Nephew positions in Q1 2023 and 18 closed out, a net change of +15 holders.
- The largest Smith & Nephew buyer in Q1 2023 was Soleus Capital Management, an estimated $27.6M added.
- The largest Smith & Nephew seller in Q1 2023 was Nuance Investments, an estimated $37.2M sold.
Based on aggregated 13F filings for Q1 2023.