Zimmer Biomet
ZBH
725 hedge funds and large institutions have $23.1B invested in Zimmer Biomet in 2015 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 233 increasing their positions, 262 reducing their positions, and 78 closing their positions.
3% less funds holding
Funds holding: 749 → 725 (-24)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
11% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 262
13% less capital invested
Capital invested by funds: $26.5B → $23.1B (-$3.4B)
19% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 78
22.29% less ownership
Funds ownership: 147.94% → 125.65% (-22%)
58% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $47.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$472M |
| 2 |
LP
Longview Partners
St Peter Port,
Guernsey
|
+$329M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$117M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$117M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$268M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$215M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$164M |
| 4 |
EPCM
Eton Park Capital Management
New York
|
-$125M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$71.4M |
ZBH Hedge Fund Activity: Q3 2015 in Review
725 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Zimmer Biomet (ZBH) for Q3 2015, worth a combined $23.1B — down 13% from $26.5B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of ZBH and 63 opened new positions — a net loss of 15 holders — while 262 trimmed existing stakes and 233 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $472M. The largest seller was Independent Franchise Partners, exiting entirely with an estimated $268M sold.
- 725 institutional investors held Zimmer Biomet (ZBH) as of Q3 2015, down from 749 in Q2 2015.
- Funds reported $23.1B of Zimmer Biomet stock for Q3 2015, down 13% quarter-over-quarter.
- 63 funds opened new Zimmer Biomet positions in Q3 2015 and 78 closed out, a net change of -15 holders.
- The largest Zimmer Biomet buyer in Q3 2015 was Massachusetts Financial Services, an estimated $472M added.
- The largest Zimmer Biomet seller in Q3 2015 was Independent Franchise Partners, an estimated $268M sold.
Based on aggregated 13F filings for Q3 2015.