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Zimmer Biomet

872 hedge funds and large institutions have $19B invested in Zimmer Biomet in 2018 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 255 increasing their positions, 333 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.04% more ownership

Funds ownership: 91.74%92.79% (+1%)

9% less first-time investments, than exits

New positions opened: 97 | Existing positions closed: 107

2% less funds holding

Funds holding: 892872 (-20)

6% less funds holding in top 10

Funds holding in top 10: 1716 (-1)

17% less call options, than puts

Call options by funds: $59.2M | Put options by funds: $71.6M

20% less capital invested

Capital invested by funds: $23.8B → $19B (-$4.82B)

23% less repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 333

Holders
872
Holders Change
-20
Holders Change %
-2.24%
% of All Funds
19.43%
Holding in Top 10
16
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.88%
% of All Funds
0.36%
New
97
Increased
255
Reduced
333
Closed
107
Calls
$59.2M
Puts
$71.6M
Net Calls
-$12.3M
Net Calls Change
+$1.35M
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
26
Hotchkis & Wiley Capital Management
California
$139M +$2.51M +22,351 +2%
Jennison Associates
27
Jennison Associates
New York
$137M +$3.43M +30,480 +2%
CCM
28
Causeway Capital Management
California
$136M +$11.9M +106,091 +8%
Neuberger Berman Group
29
Neuberger Berman Group
New York
$126M -$30.5M -271,562 -18%
WCM
30
Wedge Capital Management
North Carolina
$124M -$13.7M -122,261 -9%
Manulife (Manufacturers Life Insurance)
31
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$123M +$113M +1,006,349 +476%
FI
32
Focused Investors
California
$119M -$6.03M -53,663 -4%
Legal & General Group
33
Legal & General Group
United Kingdom
$118M +$10.7M +95,097 +9%
Boston Partners
34
Boston Partners
Massachusetts
$112M +$53.4M +475,107 +74%
Dimensional Fund Advisors
35
Dimensional Fund Advisors
Texas
$112M +$8.92M +79,337 +8%
MPI
36
Mairs & Power Inc
Minnesota
$106M -$1.69M -15,041 -1%
Morgan Stanley
37
Morgan Stanley
New York
$103M +$35.8M +318,265 +45%
Charles Schwab
38
Charles Schwab
California
$86.4M +$5.23M +46,532 +6%
UBS AM
39
UBS AM
Illinois
$86M -$751K -6,680 -0.8%
AI
40
Ariel Investments
Illinois
$83.1M -$11.9M -106,127 -11%
KP
41
Kiltearn Partners
United Kingdom
$82.6M +$11.4M +101,043 +14%
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$82.2M +$41.7M +371,075 +83%
Sumitomo Mitsui Trust Group
43
Sumitomo Mitsui Trust Group
Japan
$77.5M +$14.3M +127,321 +20%
Barclays
44
Barclays
United Kingdom
$73.7M -$4.75M -42,259 -5%
PHS
45
PFM Health Sciences
California
$70.4M -$9.68M -86,114 -11%
VOYA Investment Management
46
VOYA Investment Management
Georgia
$69.6M +$27.9M +247,693 +56%
Swiss National Bank
47
Swiss National Bank
Switzerland
$68.6M +$1.46M +12,978 +2%
Ninety One (UK)
48
Ninety One (UK)
United Kingdom
$68.3M +$5.42M +48,172 +8%
SCM
49
Sterling Capital Management
North Carolina
$68.2M -$4.18M -37,198 -5%
Deutsche Bank
50
Deutsche Bank
Germany
$65M +$18.9M +168,471 +35%

ZBH Hedge Fund Activity: Q4 2018 in Review

872 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Zimmer Biomet (ZBH) for Q4 2018, worth a combined $19B — down 20% from $23.8B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of ZBH and 97 opened new positions — a net loss of 10 holders — while 333 trimmed existing stakes and 255 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $274M. The largest seller was HealthCor Management, cutting an estimated $218M.

  • 872 institutional investors held Zimmer Biomet (ZBH) as of Q4 2018, down from 892 in Q3 2018.
  • Funds reported $19B of Zimmer Biomet stock for Q4 2018, down 20% quarter-over-quarter.
  • 97 funds opened new Zimmer Biomet positions in Q4 2018 and 107 closed out, a net change of -10 holders.
  • The largest Zimmer Biomet buyer in Q4 2018 was T. Rowe Price Associates, an estimated $274M added.
  • The largest Zimmer Biomet seller in Q4 2018 was HealthCor Management, an estimated $218M sold.

Based on aggregated 13F filings for Q4 2018.