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Smith & Nephew

215 hedge funds and large institutions have $1.15B invested in Smith & Nephew in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 80 increasing their positions, 45 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

365% more call options, than puts

Call options by funds: $6.25M | Put options by funds: $1.34M

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

83% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 18

78% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 45

6% more funds holding

Funds holding: 203215 (+12)

5% more capital invested

Capital invested by funds: $1.09B → $1.15B (+$60M)

0.09% more ownership

Funds ownership: 4.7%4.79% (+0.09%)

Holders
215
Holders Change
+12
Holders Change %
+5.91%
% of All Funds
3.43%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.06%
New
33
Increased
80
Reduced
45
Closed
18
Calls
$6.25M
Puts
$1.34M
Net Calls
+$4.91M
Net Calls Change
+$2.6M
Name Holding Trade Value Shares
Change
Change in
Stake
NI
1
Nuance Investments
Missouri
$296M -$37.2M -1,310,196 -11%
FMI
2
Fiduciary Management Inc
Wisconsin
$165M -$9.21M -324,069 -5%
Arrowstreet Capital
3
Arrowstreet Capital
Massachusetts
$72.4M -$629K -22,125 -0.8%
SI
4
Scharf Investments
California
$62.7M +$4.62M +162,493 +8%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$55.9M -$7.98M -280,680 -12%
MF
6
Magnetar Financial
Illinois
$53M +$524K +18,437 +1%
Goldman Sachs
7
Goldman Sachs
New York
$32M +$4.46M +156,844 +16%
Bank of America
8
Bank of America
North Carolina
$28.5M +$3.91M +137,423 +16%
SCM
9
Soleus Capital Management
Connecticut
$27.1M +$27.6M +970,200 New
Morgan Stanley
10
Morgan Stanley
New York
$26.7M -$1.86M -65,299 -6%
Wells Fargo
11
Wells Fargo
California
$23.6M +$995K +35,011 +4%
RJA
12
Raymond James & Associates
Florida
$23M -$3.25M -114,192 -12%
JP Morgan Chase
13
JP Morgan Chase
New York
$18.4M +$17.9M +630,525 +2,243%
BlackRock
14
BlackRock
New York
$13.8M +$8.06M +283,456 +134%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$12.6M +$3.04M +106,860 +32%
Russell Investments Group
16
Russell Investments Group
United Kingdom
$11M +$3.76M +132,318 +50%
PWLP
17
Prio Wealth Limited Partnership
Massachusetts
$10.6M -$515K -18,127 -5%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$10.5M +$9M +316,660 +523%
FGI
19
Foresight Global Investors
New York
$9.48M +$9.65M +339,649 New
Northern Trust
20
Northern Trust
Illinois
$9.35M +$356K +12,536 +4%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$9.02M +$508K +17,877 +6%
State Street
22
State Street
Massachusetts
$8.92M +$1.43M +50,279 +19%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$8.32M +$131K +4,607 +2%
BFM
24
Boothbay Fund Management
New York
$8.26M +$242K +8,531 +3%
CEI
25
Clark Estates Inc
New York
$7.68M +$7.82M +275,000 New

SNN Hedge Fund Activity: Q1 2023 in Review

215 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q1 2023, worth a combined $1.15B — up 5.5% from $1.09B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new SNN positions and 18 closed out — a net gain of 15 holders — while 80 added to existing stakes and 45 trimmed.

The largest buyer was Soleus Capital Management, opening a new position worth an estimated $27.6M. The largest seller was Nuance Investments, cutting an estimated $37.2M.

  • 215 institutional investors held Smith & Nephew (SNN) as of Q1 2023, up from 203 in Q4 2022.
  • Funds reported $1.15B of Smith & Nephew stock for Q1 2023, up 5.5% quarter-over-quarter.
  • 33 funds opened new Smith & Nephew positions in Q1 2023 and 18 closed out, a net change of +15 holders.
  • The largest Smith & Nephew buyer in Q1 2023 was Soleus Capital Management, an estimated $27.6M added.
  • The largest Smith & Nephew seller in Q1 2023 was Nuance Investments, an estimated $37.2M sold.

Based on aggregated 13F filings for Q1 2023.