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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
Canada Pension Plan Investment Board
76
Canada Pension Plan Investment Board
Ontario, Canada
$32.9M -$4.29M -33,800 -10%
Man Group
77
Man Group
United Kingdom
$32.8M -$36.7M -288,643 Closed
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
$32.2M +$12.6M +98,977 +53%
BG
79
Bellevue Group
Switzerland
$32M +$6.73K +53 +0%
Aberdeen Group
80
Aberdeen Group
United Kingdom
$30.6M +$8.86M +69,739 +34%
ECM
81
ExodusPoint Capital Management
New York
$30.6M +$10.4M +81,924 +43%
Principal Financial Group
82
Principal Financial Group
Iowa
$30.6M -$23K -181 -0.1%
Royal Bank of Canada
83
Royal Bank of Canada
Ontario, Canada
$29.3M -$8.98M -70,737 -21%
Manulife (Manufacturers Life Insurance)
84
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$28.3M +$8.63M +67,938 +37%
New York State Common Retirement Fund
85
New York State Common Retirement Fund
New York
$27.8M -$41.4M -326,272 -57%
State Board of Administration of Florida Retirement System
86
State Board of Administration of Florida Retirement System
Florida
$27.2M -$1.3M -10,245 -4%
PAMP
87
Polar Asset Management Partners
Ontario, Canada
$26.8M +$20.3M +159,800 +202%
Wells Fargo
88
Wells Fargo
California
$26.7M -$11M -86,303 -27%
Macquarie Group
89
Macquarie Group
Australia
$26.7M -$324K -2,552 -1%
GI
90
GAMCO Investors
Connecticut
$26.6M -$2.34M -18,398 -7%
RJA
91
Raymond James & Associates
Florida
$24.6M -$3.79M -29,872 -12%
PNC Financial Services Group
92
PNC Financial Services Group
Pennsylvania
$24.5M -$738K -5,808 -3%
Canada Life
93
Canada Life
Manitoba, Canada
$24.3M -$60.7K -478 -0.2%
Federated Hermes
94
Federated Hermes
Pennsylvania
$24.2M +$4.24M +33,405 +18%
DDPIC
95
Deroy & Devereaux Private Investment Counsel
Michigan
$24.1M +$4.96M +39,090 +22%
Stifel Financial
96
Stifel Financial
Missouri
$23.9M -$5.22M -41,067 -16%
Bank of Montreal
97
Bank of Montreal
Ontario, Canada
$23.6M -$21M -164,992 -46%
Adage Capital Partners
98
Adage Capital Partners
Massachusetts
$23.3M +$4.43M +34,900 +20%
GHA
99
GW Henssler & Associates
Georgia
$23.3M -$249K -1,957 -0.9%
New York State Teachers Retirement System (NYSTRS)
100
New York State Teachers Retirement System (NYSTRS)
New York
$22.6M -$1.8M -14,198 -7%

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.