Smith & Nephew
125 hedge funds and large institutions have $526M invested in Smith & Nephew in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 49 increasing their positions, 29 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
69% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 29
13% more funds holding
Funds holding: 111 → 125 (+14)
11% more capital invested
Capital invested by funds: $472M → $526M (+$53.4M)
0.11% more ownership
Funds ownership: 1.81% → 1.93% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Aperio Group
Sausalito,
California
|
+$8.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.29M |
| 3 |
TWI
Thomas White International
Chicago,
Illinois
|
+$7.7M |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
+$3.96M |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.47M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$4.55M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.87M |
| 4 |
PIA
Philadelphia International Advisors
Philadelphia,
Pennsylvania
|
-$2.48M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
126
Martingale Asset Management
Boston,
Massachusetts
| – | -$892K | -31,058 | Closed |
|
127
JP Morgan Chase
New York
| – | -$629K | -21,905 | Closed |
|
|
CS
128
Credit Suisse
Zurich,
Switzerland
| – | -$254K | -8,850 | Closed |
|
|
AP
129
Advisors Preferred
Rockville,
Maryland
| – | -$151K | -5,283 | Closed |
|
|
BIT
130
BlackRock Institutional Trust
San Francisco,
California
| – | -$76K | -2,648 | Closed |
|
|
HNB
131
Huntington National Bank
Columbus,
Ohio
| – | -$52K | -1,825 | Closed |
|
|
BIM
132
BlackRock Investment Management
Wilmington,
Delaware
| – | -$4K | -135 | Closed |
|
|
FNBT
133
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -50 | Closed |
|
SNN Hedge Fund Activity: Q1 2014 in Review
125 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q1 2014, worth a combined $526M — up 11% from $472M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SNN positions and 8 closed out — a net gain of 14 holders — while 49 added to existing stakes and 29 trimmed.
The largest buyer was Aperio Group, opening a new position worth an estimated $8.9M. The largest seller was Fidelity Investments, cutting an estimated $6.47M.
- 125 institutional investors held Smith & Nephew (SNN) as of Q1 2014, up from 111 in Q4 2013.
- Funds reported $526M of Smith & Nephew stock for Q1 2014, up 11% quarter-over-quarter.
- 22 funds opened new Smith & Nephew positions in Q1 2014 and 8 closed out, a net change of +14 holders.
- The largest Smith & Nephew buyer in Q1 2014 was Aperio Group, an estimated $8.9M added.
- The largest Smith & Nephew seller in Q1 2014 was Fidelity Investments, an estimated $6.47M sold.
Based on aggregated 13F filings for Q1 2014.