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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
Lord, Abbett & Co
76
Lord, Abbett & Co
New Jersey
$33.7M +$6.78M +60,255 +22%
SEI Investments
77
SEI Investments
Pennsylvania
$32.9M +$706K +6,275 +2%
USAA
78
United Services Automobile Association
Texas
$32.8M -$823K -7,317 -2%
BL
79
BCWM LLC
Kansas
$32.8M -$73.4K -653 -2%
WRF
80
Waddell & Reed Financial
Kansas
$32.7M +$23.2M +206,452 +174%
Mackenzie Financial
81
Mackenzie Financial
Ontario, Canada
$32.2M +$7.92M +70,412 +28%
First Trust Advisors
82
First Trust Advisors
Illinois
$31.9M +$12.5M +111,210 +54%
Principal Financial Group
83
Principal Financial Group
Iowa
$31.7M -$475K -4,223 -1%
BNP Paribas Asset Management
84
BNP Paribas Asset Management
France
$31.5M +$2.89M +25,683 +9%
BHIA
85
Birch Hill Investment Advisors
Massachusetts
$30.3M -$569K -5,056 -2%
New York State Teachers Retirement System (NYSTRS)
86
New York State Teachers Retirement System (NYSTRS)
New York
$30.3M -$958K -8,517 -3%
First Manhattan
87
First Manhattan
New York
$30.1M -$8.77M -77,971 -21%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$29.3M -$5.29K -47 -0%
National Pension Service
89
National Pension Service
South Korea
$29M +$1.42M +12,589 +5%
State of New Jersey Common Pension Fund D
90
State of New Jersey Common Pension Fund D
New Jersey
$28.7M -$4.63M -41,200 -13%
N
91
Natixis
France
$28.7M +$31.5M +280,482 +6,813%
TC
92
Tavio Capital
New York
$26.9M +$2.37M +21,042 +9%
Russell Investments Group
93
Russell Investments Group
United Kingdom
$25.5M +$754K +6,701 +3%
HM
94
HealthCor Management
New York
$25.3M -$218M -1,937,228 -89%
SO
95
STRS Ohio
Ohio
$25.2M -$3.94M -35,005 -12%
UBS Group
96
UBS Group
Switzerland
$25M -$1.35M -11,990 -5%
Man Group
97
Man Group
United Kingdom
$24.9M -$10.3M -91,947 -27%
MAM
98
Martingale Asset Management
Massachusetts
$24.5M +$4.39M +39,008 +19%
Macquarie Group
99
Macquarie Group
Australia
$23.7M +$110K +979 +0.4%
CS
100
Credit Suisse
Switzerland
$23.7M -$4.72M -41,963 -15%

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.