Smith & Nephew
173 hedge funds and large institutions have $809M invested in Smith & Nephew in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
2% more funds holding
Funds holding: 169 → 173 (+4)
0.1% less ownership
Funds ownership: 2.64% → 2.54% (-0.1%)
1% less capital invested
Capital invested by funds: $820M → $809M (-$11.1M)
44% less call options, than puts
Call options by funds: $823K | Put options by funds: $1.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$16.2M |
| 2 |
CAM
Capstone Asset Management
Houston,
Texas
|
+$3.85M |
| 3 |
Renaissance Technologies
New York
|
+$3.67M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$3.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
-$19.9M |
| 2 |
SI
Scharf Investments
Los Gatos,
California
|
-$17.9M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$8.57M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$4.63M |
| 5 |
DCC
Dow Chemical Company
Midland,
Michigan
|
-$3.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAMU
176
Amundi Asset Management US
Boston,
Massachusetts
| – | -$2.96M | -84,690 | Closed |
|
|
PVI
177
Pura Vida Investments
New York
| – | -$1.93M | -55,000 | Closed |
|
|
PSI
178
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$1.4M | -40,040 | Closed |
|
|
HSA
179
Hussman Strategic Advisors
Ellicott City,
Maryland
| – | -$525K | -15,000 | Closed |
|
|
PSC
180
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$525K | -15,000 | Closed |
|
181
Marshall Wace
London,
United Kingdom
| – | -$332K | -9,494 | Closed |
|
|
CB
182
Commerce Bank
Kansas City,
Missouri
| – | -$239K | -6,825 | Closed |
|
|
EAM
183
Eagle Asset Management
St Petersburg,
Florida
| – | -$224K | -6,414 | Closed |
|
|
BIM
184
BlackRock Investment Management
Wilmington,
Delaware
| – | -$7K | -203 | Closed |
|
|
NMIS
185
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$2K | -62 | Closed |
|
186
Creative Planning
Overland Park,
Kansas
| – | -$2K | -54 | Closed |
|
187
BNP Paribas Financial Markets
Paris,
France
| – | -$875 | -25 | Closed |
|
SNN Hedge Fund Activity: Q4 2015 in Review
173 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q4 2015, worth a combined $809M — down 1.3% from $820M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SNN positions and 14 closed out — a net gain of 7 holders — while 63 added to existing stakes and 56 trimmed.
The largest buyer was Cambiar Investors, adding an estimated $16.2M. The largest seller was Eton Park Capital Management, exiting entirely with an estimated $19.9M sold.
- 173 institutional investors held Smith & Nephew (SNN) as of Q4 2015, up from 169 in Q3 2015.
- Funds reported $809M of Smith & Nephew stock for Q4 2015, down 1.3% quarter-over-quarter.
- 21 funds opened new Smith & Nephew positions in Q4 2015 and 14 closed out, a net change of +7 holders.
- The largest Smith & Nephew buyer in Q4 2015 was Cambiar Investors, an estimated $16.2M added.
- The largest Smith & Nephew seller in Q4 2015 was Eton Park Capital Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q4 2015.