Smith & Nephew
SNN
208 hedge funds and large institutions have $866M invested in Smith & Nephew in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 87 increasing their positions, 69 reducing their positions, and 21 closing their positions.
206% more call options, than puts
Call options by funds: $478K | Put options by funds: $156K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 69
6% more capital invested
Capital invested by funds: $815M → $866M (+$51.3M)
0.32% more ownership
Funds ownership: 3.68% → 4% (+0.32%)
1% less funds holding
Funds holding: 211 → 208 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$33.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$24.1M |
| 3 |
SCM
Sio Capital Management
New York
|
+$14.5M |
| 4 |
Jane Street
New York
|
+$13.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.68M |
| 3 |
BlackRock
New York
|
-$8.38M |
| 4 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$8.3M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$7.31M |
SNN Hedge Fund Activity: Q2 2024 in Review
208 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q2 2024, worth a combined $866M — up 6.3% from $815M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SNN and 18 opened new positions — a net loss of 3 holders — while 69 trimmed existing stakes and 87 added.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $33.3M. The largest seller was Millennium Management, exiting entirely with an estimated $12.2M sold.
- 208 institutional investors held Smith & Nephew (SNN) as of Q2 2024, down from 211 in Q1 2024.
- Funds reported $866M of Smith & Nephew stock for Q2 2024, up 6.3% quarter-over-quarter.
- 18 funds opened new Smith & Nephew positions in Q2 2024 and 21 closed out, a net change of -3 holders.
- The largest Smith & Nephew buyer in Q2 2024 was J. Goldman & Co, an estimated $33.3M added.
- The largest Smith & Nephew seller in Q2 2024 was Millennium Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2024.