Smith & Nephew
228 hedge funds and large institutions have $1.22B invested in Smith & Nephew in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 77 reducing their positions, and 19 closing their positions.
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
6% more funds holding
Funds holding: 215 → 228 (+13)
6% more capital invested
Capital invested by funds: $1.15B → $1.22B (+$65.1M)
0.47% less ownership
Funds ownership: 4.79% → 4.33% (-0.47%)
6% less call options, than puts
Call options by funds: $2.54M | Put options by funds: $2.71M
14% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 77
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$24.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$22.4M |
| 3 |
Morgan Stanley
New York
|
+$21.6M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$17.4M |
| 5 |
BlackRock
New York
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$97.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.2M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$34M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$28.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$18.4M |
SNN Hedge Fund Activity: Q2 2023 in Review
228 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q2 2023, worth a combined $1.22B — up 5.6% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SNN positions and 19 closed out — a net gain of 13 holders — while 66 added to existing stakes and 77 trimmed.
The largest buyer was Millennium Management, adding an estimated $24.4M. The largest seller was Nuance Investments, cutting an estimated $97.5M.
- 228 institutional investors held Smith & Nephew (SNN) as of Q2 2023, up from 215 in Q1 2023.
- Funds reported $1.22B of Smith & Nephew stock for Q2 2023, up 5.6% quarter-over-quarter.
- 32 funds opened new Smith & Nephew positions in Q2 2023 and 19 closed out, a net change of +13 holders.
- The largest Smith & Nephew buyer in Q2 2023 was Millennium Management, an estimated $24.4M added.
- The largest Smith & Nephew seller in Q2 2023 was Nuance Investments, an estimated $97.5M sold.
Based on aggregated 13F filings for Q2 2023.