Smith & Nephew
175 hedge funds and large institutions have $878M invested in Smith & Nephew in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 77 increasing their positions, 51 reducing their positions, and 20 closing their positions.
54% more call options, than puts
Call options by funds: $1.09M | Put options by funds: $710K
51% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 51
1% more capital invested
Capital invested by funds: $871M → $878M (+$6.25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.05% less ownership
Funds ownership: 2.91% → 2.86% (-0.05%)
4% less funds holding
Funds holding: 183 → 175 (-8)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$21.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.4M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$12.4M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
+$10.7M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
-$49.5M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$13.6M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$12.2M |
| 4 |
Renaissance Technologies
New York
|
-$8.84M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.95M |
SNN Hedge Fund Activity: Q2 2016 in Review
175 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q2 2016, worth a combined $878M — up 0.72% from $871M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SNN and 14 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 77 added.
The largest buyer was Millennium Management, adding an estimated $21.4M. The largest seller was Scharf Investments, cutting an estimated $49.5M.
- 175 institutional investors held Smith & Nephew (SNN) as of Q2 2016, down from 183 in Q1 2016.
- Funds reported $878M of Smith & Nephew stock for Q2 2016, up 0.72% quarter-over-quarter.
- 14 funds opened new Smith & Nephew positions in Q2 2016 and 20 closed out, a net change of -6 holders.
- The largest Smith & Nephew buyer in Q2 2016 was Millennium Management, an estimated $21.4M added.
- The largest Smith & Nephew seller in Q2 2016 was Scharf Investments, an estimated $49.5M sold.
Based on aggregated 13F filings for Q2 2016.