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.
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: 1,031 → 1,016 (-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: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$185M |
| 2 |
Holocene Advisors
New York
|
+$153M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$108M |
| 4 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$102M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$99.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$395M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$159M |
| 3 |
Millennium Management
New York
|
-$129M |
| 4 |
Morgan Stanley
New York
|
-$103M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$94.6M |
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.