Smith & Nephew
219 hedge funds and large institutions have $926M invested in Smith & Nephew in 2023 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 80 increasing their positions, 65 reducing their positions, and 33 closing their positions.
622% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $341K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 33
23% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 65
6% more funds holding
Funds holding: 207 → 219 (+12)
0.55% less ownership
Funds ownership: 4.43% → 3.89% (-0.55%)
4% less capital invested
Capital invested by funds: $960M → $926M (-$33.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGA
TPG GP A
Fort Worth,
Texas
|
+$57.9M |
| 2 |
Morgan Stanley
New York
|
+$49.8M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$27.1M |
| 4 |
SI
Scharf Investments
Los Gatos,
California
|
+$12.6M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$177M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$56.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$17.8M |
| 4 |
BlackRock
New York
|
-$13.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13M |
SNN Hedge Fund Activity: Q4 2023 in Review
219 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q4 2023, worth a combined $926M — down 3.5% from $960M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SNN positions and 33 closed out — a net gain of 14 holders — while 80 added to existing stakes and 65 trimmed.
The largest buyer was TPG GP A, opening a new position worth an estimated $57.9M. The largest seller was Nuance Investments, exiting entirely with an estimated $177M sold.
- 219 institutional investors held Smith & Nephew (SNN) as of Q4 2023, up from 207 in Q3 2023.
- Funds reported $926M of Smith & Nephew stock for Q4 2023, down 3.5% quarter-over-quarter.
- 47 funds opened new Smith & Nephew positions in Q4 2023 and 33 closed out, a net change of +14 holders.
- The largest Smith & Nephew buyer in Q4 2023 was TPG GP A, an estimated $57.9M added.
- The largest Smith & Nephew seller in Q4 2023 was Nuance Investments, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2023.