Smith & Nephew
112 hedge funds and large institutions have $472M invested in Smith & Nephew in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 25 reducing their positions, and 12 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 25
30% more capital invested
Capital invested by funds: $363M → $472M (+$110M)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 111 → 112 (+1)
0.19% more ownership
Funds ownership: 1.62% → 1.81% (+0.19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.32M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.6M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.39M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Aperio Group
Sausalito,
California
|
-$5.05M |
| 2 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$2.7M |
| 3 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$2.66M |
| 4 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$2.62M |
| 5 |
N
Natixis
Paris,
France
|
-$1.87M |
SNN Hedge Fund Activity: Q4 2013 in Review
112 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q4 2013, worth a combined $472M — up 30% from $363M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SNN positions and 12 closed out — a net gain of 2 holders — while 48 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $40M. The largest seller was Aperio Group, exiting entirely with an estimated $5.05M sold.
- 112 institutional investors held Smith & Nephew (SNN) as of Q4 2013, up from 111 in Q3 2013.
- Funds reported $472M of Smith & Nephew stock for Q4 2013, up 30% quarter-over-quarter.
- 14 funds opened new Smith & Nephew positions in Q4 2013 and 12 closed out, a net change of +2 holders.
- The largest Smith & Nephew buyer in Q4 2013 was Fidelity Investments, an estimated $40M added.
- The largest Smith & Nephew seller in Q4 2013 was Aperio Group, an estimated $5.05M sold.
Based on aggregated 13F filings for Q4 2013.