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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
PPA
51
Parametric Portfolio Associates
Washington
$62.1M -$3.06M -27,225 -4%
AllianceBernstein
52
AllianceBernstein
Tennessee
$59.8M -$760K -6,758 -1%
Ameriprise
53
Ameriprise
Minnesota
$57.2M +$5.09M +45,282 +9%
TSW
54
Thompson Siegel & Walmsley
Virginia
$55.7M -$10.5M -93,350 -14%
PFC
55
Poplar Forest Capital
California
$54.2M +$12.5M +110,924 +26%
Balyasny Asset Management
56
Balyasny Asset Management
Illinois
$51.2M +$50.3M +447,448 +731%
Victory Capital Management
57
Victory Capital Management
Texas
$49.3M +$1.68M +14,954 +3%
SIC
58
Schwartz Investment Counsel
Michigan
$48.8M -$2.9M -25,750 -5%
SCM
59
Snow Capital Management
Pennsylvania
$48.7M -$4.62M -41,054 -8%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$48.7M -$1.37M -12,154 -2%
GI
61
GAMCO Investors
Connecticut
$46.3M -$4.48M -39,794 -8%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$46.2M -$2.16M -19,235 -4%
State of Tennessee, Department of Treasury
63
State of Tennessee, Department of Treasury
Tennessee
$44.8M +$16.3M +145,100 +48%
Prudential Financial
64
Prudential Financial
New Jersey
$43.7M +$21M +187,136 +76%
FAM
65
Fred Alger Management
New York
$43.2M -$87M -773,997 -64%
JIC
66
Johnson Investment Counsel
Ohio
$39.7M -$5.16M -45,882 -10%
VanEck Associates
67
VanEck Associates
New York
$38.5M +$5.19M +46,182 +14%
RhumbLine Advisers
68
RhumbLine Advisers
Massachusetts
$38.4M +$128K +1,134 +0.3%
ACA
69
Anchor Capital Advisors
Massachusetts
$36.8M -$934K -8,306 -2%
Adage Capital Partners
70
Adage Capital Partners
Massachusetts
$36.5M +$10.3M +91,963 +34%
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$35.9M -$371K -3,297 -0.9%
PNC Financial Services Group
72
PNC Financial Services Group
Pennsylvania
$35.1M -$265K -2,360 -0.7%
Royal Bank of Canada
73
Royal Bank of Canada
Ontario, Canada
$34.6M -$5.87M -52,196 -13%
Asset Management One
74
Asset Management One
Japan
$34.6M +$280K +2,493 +0.7%
EDRH
75
Edmond de Rothschild Holding
Switzerland
$33.9M +$1.74M +15,450 +5%

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.