Smith & Nephew
223 hedge funds and large institutions have $891M invested in Smith & Nephew in 2025 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 85 increasing their positions, 74 reducing their positions, and 23 closing their positions.
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
15% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 74
8% more capital invested
Capital invested by funds: $827M → $891M (+$63.9M)
5% more funds holding
Funds holding: 213 → 223 (+10)
0.26% less ownership
Funds ownership: 3.85% → 3.59% (-0.26%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
89% less call options, than puts
Call options by funds: $14K | Put options by funds: $133K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$34.1M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$23.4M |
| 3 |
Goldman Sachs
New York
|
+$15.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.2M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$49.7M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$33.9M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$33.4M |
| 4 |
SI
Scharf Investments
Los Gatos,
California
|
-$14.8M |
| 5 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$11.2M |
SNN Hedge Fund Activity: Q1 2025 in Review
223 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q1 2025, worth a combined $891M — up 7.7% from $827M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SNN positions and 23 closed out — a net gain of 15 holders — while 85 added to existing stakes and 74 trimmed.
The largest buyer was Armistice Capital, adding an estimated $34.1M. The largest seller was Millennium Management, cutting an estimated $49.7M.
- 223 institutional investors held Smith & Nephew (SNN) as of Q1 2025, up from 213 in Q4 2024.
- Funds reported $891M of Smith & Nephew stock for Q1 2025, up 7.7% quarter-over-quarter.
- 38 funds opened new Smith & Nephew positions in Q1 2025 and 23 closed out, a net change of +15 holders.
- The largest Smith & Nephew buyer in Q1 2025 was Armistice Capital, an estimated $34.1M added.
- The largest Smith & Nephew seller in Q1 2025 was Millennium Management, an estimated $49.7M sold.
Based on aggregated 13F filings for Q1 2025.