Smith & Nephew
216 hedge funds and large institutions have $1.52B invested in Smith & Nephew in 2018 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 61 increasing their positions, 80 reducing their positions, and 32 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
38% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 32
32% more capital inflows, than outflows
Capital inflows: $199M | Capital outflows: $151M
5% more funds holding
Funds holding: 206 → 216 (+10)
0.3% more ownership
Funds ownership: 8.97% → 9.27% (+0.3%)
24% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 80
99% less call options, than puts
Call options by funds: $11K | Put options by funds: $1.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Iridian Asset Management
Westport,
Connecticut
|
+$96.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$11.8M |
| 4 |
Foresters Investment Management
New York
|
+$10M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$42.9M |
| 2 |
Cambiar Investors
Denver,
Colorado
|
-$14.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.4M |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$9.7M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$9.07M |
SNN Hedge Fund Activity: Q4 2018 in Review
216 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q4 2018, worth a combined $1.52B — up 4.3% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SNN positions and 32 closed out — a net gain of 12 holders — while 61 added to existing stakes and 80 trimmed.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $96.8M. The largest seller was Millennium Management, cutting an estimated $42.9M.
- 216 institutional investors held Smith & Nephew (SNN) as of Q4 2018, up from 206 in Q3 2018.
- Funds reported $1.52B of Smith & Nephew stock for Q4 2018, up 4.3% quarter-over-quarter.
- 44 funds opened new Smith & Nephew positions in Q4 2018 and 32 closed out, a net change of +12 holders.
- The largest Smith & Nephew buyer in Q4 2018 was Iridian Asset Management, an estimated $96.8M added.
- The largest Smith & Nephew seller in Q4 2018 was Millennium Management, an estimated $42.9M sold.
Based on aggregated 13F filings for Q4 2018.