Smith & Nephew
178 hedge funds and large institutions have $937M invested in Smith & Nephew in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 56 reducing their positions, and 27 closing their positions.
20% more capital invested
Capital invested by funds: $781M → $937M (+$156M)
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
0.5% more ownership
Funds ownership: 2.96% → 3.46% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 56
1% less funds holding
Funds holding: 180 → 178 (-2)
43% less call options, than puts
Call options by funds: $309K | Put options by funds: $538K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$80.3M |
| 2 |
Millennium Management
New York
|
+$40.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.2M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$9.22M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$11.2M |
| 2 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$7.4M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$6.15M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.87M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$4.56M |
SNN Hedge Fund Activity: Q1 2017 in Review
178 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q1 2017, worth a combined $937M — up 20% from $781M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SNN positions and 27 closed out — a net gain of 2 holders — while 53 added to existing stakes and 56 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $80.3M. The largest seller was Todd Asset Management, exiting entirely with an estimated $11.2M sold.
- 178 institutional investors held Smith & Nephew (SNN) as of Q1 2017, down from 180 in Q4 2016.
- Funds reported $937M of Smith & Nephew stock for Q1 2017, up 20% quarter-over-quarter.
- 29 funds opened new Smith & Nephew positions in Q1 2017 and 27 closed out, a net change of +2 holders.
- The largest Smith & Nephew buyer in Q1 2017 was Arrowstreet Capital, an estimated $80.3M added.
- The largest Smith & Nephew seller in Q1 2017 was Todd Asset Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2017.