Smith & Nephew
170 hedge funds and large institutions have $821M invested in Smith & Nephew in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 75 increasing their positions, 45 reducing their positions, and 29 closing their positions.
2,137% more call options, than puts
Call options by funds: $16M | Put options by funds: $717K
67% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 45
16% more capital invested
Capital invested by funds: $706M → $821M (+$115M)
0.32% more ownership
Funds ownership: 2.32% → 2.64% (+0.32%)
8% less funds holding
Funds holding: 185 → 170 (-15)
48% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
+$139M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$33.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$15.1M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$13.9M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$9.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$12.3M |
| 3 |
SIP
Stoneridge Investment Partners
Radnor,
Pennsylvania
|
-$11.6M |
| 4 |
CPM
Chesapeake Partners Management
Baltimore,
Maryland
|
-$11.4M |
| 5 |
BJCM
Blue Jay Capital Management
Los Angeles,
California
|
-$9.34M |
SNN Hedge Fund Activity: Q3 2015 in Review
170 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q3 2015, worth a combined $821M — up 16% from $706M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of SNN and 15 opened new positions — a net loss of 14 holders — while 45 trimmed existing stakes and 75 added.
The largest buyer was Scharf Investments, opening a new position worth an estimated $139M. The largest seller was Fidelity Investments, exiting entirely with an estimated $21M sold.
- 170 institutional investors held Smith & Nephew (SNN) as of Q3 2015, down from 185 in Q2 2015.
- Funds reported $821M of Smith & Nephew stock for Q3 2015, up 16% quarter-over-quarter.
- 15 funds opened new Smith & Nephew positions in Q3 2015 and 29 closed out, a net change of -14 holders.
- The largest Smith & Nephew buyer in Q3 2015 was Scharf Investments, an estimated $139M added.
- The largest Smith & Nephew seller in Q3 2015 was Fidelity Investments, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2015.