Smith & Nephew
184 hedge funds and large institutions have $705M invested in Smith & Nephew in 2015 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 31 closing their positions.
12% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $13.6M
10% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 51
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.1% less ownership
Funds ownership: 2.42% → 2.32% (-0.1%)
5% less capital invested
Capital invested by funds: $740M → $705M (-$34.3M)
2% less funds holding
Funds holding: 187 → 184 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$17.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.5M |
| 3 |
Millennium Management
New York
|
+$9.6M |
| 4 |
BJCM
Blue Jay Capital Management
Los Angeles,
California
|
+$9.55M |
| 5 |
SIP
Stoneridge Investment Partners
Radnor,
Pennsylvania
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.1M |
| 2 |
SIG
Senator Investment Group
New York
|
-$25.5M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$8.36M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$7.53M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Squarepoint
New York
| – | -$328K | -9,600 | Closed |
|
|
OSAM
202
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$327K | -9,566 | Closed |
|
|
BIT
203
BlackRock Institutional Trust
San Francisco,
California
| – | -$301K | -8,800 | Closed |
|
|
AAM
204
Azzad Asset Management
Falls Church,
Virginia
| – | -$295K | -8,643 | Closed |
|
|
FMA
205
FNY Managed Accounts
New York
| – | -$133K | -3,900 | Closed |
|
206
Barclays
London,
United Kingdom
| – | -$128K | -3,765 | Closed |
|
|
NFG
207
Next Financial Group
Houston,
Texas
| – | -$90K | -2,640 | Closed |
|
208
Group One Trading
Chicago,
Illinois
| – | -$45.5K | -1,311 | Closed |
|
209
Creative Planning
Overland Park,
Kansas
| – | -$41K | -1,190 | Closed |
|
|
FNYS
210
First New York Securities
New York
| – | -$37.6K | -1,100 | Closed |
|
|
BL
211
Balentine LLC
Atlanta,
Georgia
| – | -$20K | -590 | Closed |
|
|
ZB
212
Zions Bancorporation
Salt Lake City,
Utah
| – | -$15K | -428 | Closed |
|
|
CYG
213
Clean Yield Group
Norwich,
Vermont
| – | -$6K | -170 | Closed |
|
214
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$2K | -67 | Closed |
|
SNN Hedge Fund Activity: Q2 2015 in Review
184 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q2 2015, worth a combined $705M — down 4.6% from $740M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SNN positions and 31 closed out — a net gain of 1 holder — while 56 added to existing stakes and 51 trimmed.
The largest buyer was Cambiar Investors, adding an estimated $17.6M. The largest seller was Fidelity Investments, cutting an estimated $27.1M.
- 184 institutional investors held Smith & Nephew (SNN) as of Q2 2015, down from 187 in Q1 2015.
- Funds reported $705M of Smith & Nephew stock for Q2 2015, down 4.6% quarter-over-quarter.
- 32 funds opened new Smith & Nephew positions in Q2 2015 and 31 closed out, a net change of +1 holder.
- The largest Smith & Nephew buyer in Q2 2015 was Cambiar Investors, an estimated $17.6M added.
- The largest Smith & Nephew seller in Q2 2015 was Fidelity Investments, an estimated $27.1M sold.
Based on aggregated 13F filings for Q2 2015.