Smith & Nephew
177 hedge funds and large institutions have $863M invested in Smith & Nephew in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 73 reducing their positions, and 20 closing their positions.
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
2% more funds holding
Funds holding: 174 → 177 (+3)
0.11% more ownership
Funds ownership: 2.86% → 2.96% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $877M → $863M (-$14.8M)
29% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 73
69% less call options, than puts
Call options by funds: $711K | Put options by funds: $2.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.1M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$20.2M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$13.6M |
| 4 |
BJCM
Blue Jay Capital Management
Los Angeles,
California
|
+$10.9M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
+$8.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$23.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$15.4M |
| 3 |
Two Sigma Investments
New York
|
-$9.07M |
| 4 |
D.E. Shaw & Co
New York
|
-$6.48M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$6.18M |
SNN Hedge Fund Activity: Q3 2016 in Review
177 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q3 2016, worth a combined $863M — down 1.7% from $877M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SNN positions and 20 closed out — a net gain of 4 holders — while 52 added to existing stakes and 73 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $21.1M. The largest seller was Mawer Investment Management, cutting an estimated $23.9M.
- 177 institutional investors held Smith & Nephew (SNN) as of Q3 2016, up from 174 in Q2 2016.
- Funds reported $863M of Smith & Nephew stock for Q3 2016, down 1.7% quarter-over-quarter.
- 24 funds opened new Smith & Nephew positions in Q3 2016 and 20 closed out, a net change of +4 holders.
- The largest Smith & Nephew buyer in Q3 2016 was Arrowstreet Capital, an estimated $21.1M added.
- The largest Smith & Nephew seller in Q3 2016 was Mawer Investment Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q3 2016.