Smith & Nephew
153 hedge funds and large institutions have $610M invested in Smith & Nephew in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 45 reducing their positions, and 23 closing their positions.
33% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $1.75M
18% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 45
0.18% less ownership
Funds ownership: 2.33% → 2.15% (-0.18%)
2% less funds holding
Funds holding: 156 → 153 (-3)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
18% less capital invested
Capital invested by funds: $742M → $610M (-$133M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Aperio Group
Sausalito,
California
|
+$18.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.6M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$14.7M |
| 4 |
Jane Street
New York
|
+$13.5M |
| 5 |
TWI
Thomas White International
Chicago,
Illinois
|
+$9.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$61M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$33.9M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.3M |
| 4 |
AAA
Alpine Associates Advisors
Englewood Cliffs,
New Jersey
|
-$13.1M |
| 5 |
JCI
Jet Capital Investors
New York
|
-$9.78M |
SNN Hedge Fund Activity: Q3 2014 in Review
153 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q3 2014, worth a combined $610M — down 18% from $742M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SNN and 20 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 53 added.
The largest buyer was Aperio Group, adding an estimated $18.5M. The largest seller was Fidelity Investments, cutting an estimated $61M.
- 153 institutional investors held Smith & Nephew (SNN) as of Q3 2014, down from 156 in Q2 2014.
- Funds reported $610M of Smith & Nephew stock for Q3 2014, down 18% quarter-over-quarter.
- 20 funds opened new Smith & Nephew positions in Q3 2014 and 23 closed out, a net change of -3 holders.
- The largest Smith & Nephew buyer in Q3 2014 was Aperio Group, an estimated $18.5M added.
- The largest Smith & Nephew seller in Q3 2014 was Fidelity Investments, an estimated $61M sold.
Based on aggregated 13F filings for Q3 2014.