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Smith & Nephew

219 hedge funds and large institutions have $926M invested in Smith & Nephew in 2023 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 80 increasing their positions, 65 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

622% more call options, than puts

Call options by funds: $2.46M | Put options by funds: $341K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

42% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 33

23% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 65

6% more funds holding

Funds holding: 207219 (+12)

0.55% less ownership

Funds ownership: 4.43%3.89% (-0.55%)

4% less capital invested

Capital invested by funds: $960M → $926M (-$33.7M)

Holders
219
Holders Change
+12
Holders Change %
+5.8%
% of All Funds
3.19%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
47
Increased
80
Reduced
65
Closed
33
Calls
$2.46M
Puts
$341K
Net Calls
+$2.12M
Net Calls Change
+$660K
Name Holding Trade Value Shares
Change
Change in
Stake
FMI
1
Fiduciary Management Inc
Wisconsin
$133M -$9.39M -379,077 -7%
Morgan Stanley
2
Morgan Stanley
New York
$106M +$49.8M +2,008,271 +106%
SI
3
Scharf Investments
California
$81.3M +$12.6M +506,474 +20%
TGA
4
TPG GP A
Texas
$63.7M +$57.9M +2,334,996 New
Barrow, Hanley, Mewhinney & Strauss
5
Barrow, Hanley, Mewhinney & Strauss
Texas
$46.5M +$9.03M +364,363 +27%
Goldman Sachs
6
Goldman Sachs
New York
$36.7M +$1.1M +44,445 +3%
Bank of America
7
Bank of America
North Carolina
$30M -$17.8M -719,077 -40%
BIP
8
Brandes Investment Partners
California
$29.9M +$27.1M +1,095,449 New
Wells Fargo
9
Wells Fargo
California
$27.4M +$4.3M +173,448 +21%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$21.7M +$1.59M +64,048 +9%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$20.7M +$4.88M +196,730 +35%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$19.5M -$13M -526,460 -42%
CEI
13
Clark Estates Inc
New York
$17.7M +$2.48M +100,000 +18%
Optiver Holding
14
Optiver Holding
Netherlands
$16.5M +$7.45M +300,591 +100%
HSBC Holdings
15
HSBC Holdings
United Kingdom
$16.2M +$6.53M +263,641 +80%
JP Morgan Chase
16
JP Morgan Chase
New York
$15.3M +$6.43M +259,578 +86%
BlackRock
17
BlackRock
New York
$14.8M -$13.7M -554,669 -51%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$14.3M -$363K -14,661 -3%
SCM
19
Soleus Capital Management
Connecticut
$12.8M -$4.55M -183,702 -28%
Citadel Advisors
20
Citadel Advisors
Florida
$12.1M +$7.55M +304,447 +217%
Millennium Management
21
Millennium Management
New York
$9.36M +$4.14M +166,920 +95%
Point72 Asset Management
22
Point72 Asset Management
Connecticut
$9.02M +$8.2M +330,800 New
Russell Investments Group
23
Russell Investments Group
United Kingdom
$8.68M -$891K -35,938 -10%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$8.59M -$1.26M -50,996 -14%
KCM
25
Kornitzer Capital Management
Kansas
$6.7M +$1.7M +68,609 +39%

SNN Hedge Fund Activity: Q4 2023 in Review

219 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q4 2023, worth a combined $926M — down 3.5% from $960M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new SNN positions and 33 closed out — a net gain of 14 holders — while 80 added to existing stakes and 65 trimmed.

The largest buyer was TPG GP A, opening a new position worth an estimated $57.9M. The largest seller was Nuance Investments, exiting entirely with an estimated $177M sold.

  • 219 institutional investors held Smith & Nephew (SNN) as of Q4 2023, up from 207 in Q3 2023.
  • Funds reported $926M of Smith & Nephew stock for Q4 2023, down 3.5% quarter-over-quarter.
  • 47 funds opened new Smith & Nephew positions in Q4 2023 and 33 closed out, a net change of +14 holders.
  • The largest Smith & Nephew buyer in Q4 2023 was TPG GP A, an estimated $57.9M added.
  • The largest Smith & Nephew seller in Q4 2023 was Nuance Investments, an estimated $177M sold.

Based on aggregated 13F filings for Q4 2023.