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Zimmer Biomet

1,016 hedge funds and large institutions have $20.6B invested in Zimmer Biomet in 2023 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 314 increasing their positions, 377 reducing their positions, and 105 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 105

1.26% less ownership

Funds ownership: 88.86%87.6% (-1.3%)

1% less funds holding

Funds holding: 1,0311,016 (-15)

17% less repeat investments, than reductions

Existing positions increased: 314 | Existing positions reduced: 377

19% less call options, than puts

Call options by funds: $119M | Put options by funds: $146M

24% less capital invested

Capital invested by funds: $26.9B → $20.6B (-$6.38B)

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
1,016
Holders Change
-15
Holders Change %
-1.45%
% of All Funds
16.12%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.14%
New
106
Increased
314
Reduced
377
Closed
105
Calls
$119M
Puts
$146M
Net Calls
-$27.2M
Net Calls Change
-$61.2M
Name Holding Trade Value Shares
Change
Change in
Stake
JIC
51
Johnson Investment Counsel
Ohio
$62M +$2.34M +18,448 +3%
Sumitomo Mitsui Trust Group
52
Sumitomo Mitsui Trust Group
Japan
$61.4M +$4.13M +32,557 +6%
Qube Research & Technologies (QRT)
53
Qube Research & Technologies (QRT)
United Kingdom
$58M +$65.6M +516,595 New
Prudential Financial
54
Prudential Financial
New Jersey
$57.9M -$39.8M -313,573 -38%
SEI Investments
55
SEI Investments
Pennsylvania
$56M +$4.45M +35,078 +8%
JAM
56
Jupiter Asset Management
United Kingdom
$50.8M +$57.4M +452,355 New
DKCM
57
Davidson Kempner Capital Management
New York
$50.1M +$56.7M +446,483 New
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$47.8M -$1.13M -8,871 -2%
UBS Group
59
UBS Group
Switzerland
$47.5M -$19.2M -150,804 -26%
Robeco Institutional Asset Management
60
Robeco Institutional Asset Management
Netherlands
$47.1M +$654K +5,149 +1%
AQR Capital Management
61
AQR Capital Management
Connecticut
$46.4M +$24.7M +194,715 +89%
CCM
62
Causeway Capital Management
California
$45.5M +$22.8M +179,845 +80%
CVA
63
Ceredex Value Advisors
Florida
$44.8M +$20.1M +158,375 +66%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$44.7M +$389K +3,060 +0.8%
CS
65
Credit Suisse
Switzerland
$44.7M -$879K -6,920 -2%
Axa
66
Axa
France
$41.3M -$8.46M -66,581 -15%
SCP
67
Sandhill Capital Partners
New York
$38.5M +$10.8M +84,893 +33%
National Pension Service
68
National Pension Service
South Korea
$37M +$1.09M +8,606 +3%
DekaBank Deutsche Girozentrale
69
DekaBank Deutsche Girozentrale
Germany
$37M +$3.49M +27,490 +9%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$36.9M -$1.57M -12,386 -4%
Handelsbanken Fonder
71
Handelsbanken Fonder
Sweden
$36.9M -$5.66M -44,543 -12%
AI
72
Ariel Investments
Illinois
$35.5M +$2.79M +21,971 +7%
BFM
73
Boothbay Fund Management
New York
$35.4M +$34.2M +268,989 +574%
Calamos Advisors
74
Calamos Advisors
Illinois
$33.2M +$16.5M +130,027 +78%
BA
75
Bridgewater Associates
Connecticut
$33.2M +$5.25M +41,353 +16%

ZBH Hedge Fund Activity: Q3 2023 in Review

1,016 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Zimmer Biomet (ZBH) for Q3 2023, worth a combined $20.6B — down 24% from $26.9B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new ZBH positions and 105 closed out — a net gain of 1 holder — while 314 added to existing stakes and 377 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $185M. The largest seller was Franklin Resources, cutting an estimated $395M.

  • 1,016 institutional investors held Zimmer Biomet (ZBH) as of Q3 2023, down from 1,031 in Q2 2023.
  • Funds reported $20.6B of Zimmer Biomet stock for Q3 2023, down 24% quarter-over-quarter.
  • 106 funds opened new Zimmer Biomet positions in Q3 2023 and 105 closed out, a net change of +1 holder.
  • The largest Zimmer Biomet buyer in Q3 2023 was Citadel Advisors, an estimated $185M added.
  • The largest Zimmer Biomet seller in Q3 2023 was Franklin Resources, an estimated $395M sold.

Based on aggregated 13F filings for Q3 2023.