Smith & Nephew
211 hedge funds and large institutions have $815M invested in Smith & Nephew in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 83 increasing their positions, 66 reducing their positions, and 33 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 66
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.21% less ownership
Funds ownership: 3.89% → 3.68% (-0.21%)
4% less funds holding
Funds holding: 219 → 211 (-8)
12% less capital invested
Capital invested by funds: $926M → $815M (-$111M)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
95% less call options, than puts
Call options by funds: $71K | Put options by funds: $1.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$70.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$6.49M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$4.6M |
| 5 |
CEI
Clark Estates Inc
New York
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$64.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$13.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.3M |
| 5 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
-$12.8M |
SNN Hedge Fund Activity: Q1 2024 in Review
211 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q1 2024, worth a combined $815M — down 12% from $926M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SNN and 29 opened new positions — a net loss of 4 holders — while 66 trimmed existing stakes and 83 added.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $70.8M. The largest seller was Morgan Stanley, cutting an estimated $64.8M.
- 211 institutional investors held Smith & Nephew (SNN) as of Q1 2024, down from 219 in Q4 2023.
- Funds reported $815M of Smith & Nephew stock for Q1 2024, down 12% quarter-over-quarter.
- 29 funds opened new Smith & Nephew positions in Q1 2024 and 33 closed out, a net change of -4 holders.
- The largest Smith & Nephew buyer in Q1 2024 was Barrow, Hanley, Mewhinney & Strauss, an estimated $70.8M added.
- The largest Smith & Nephew seller in Q1 2024 was Morgan Stanley, an estimated $64.8M sold.
Based on aggregated 13F filings for Q1 2024.