Zimmer Biomet
869 hedge funds and large institutions have $20B invested in Zimmer Biomet in 2018 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 287 increasing their positions, 324 reducing their positions, and 64 closing their positions.
55% more call options, than puts
Call options by funds: $87M | Put options by funds: $56.3M
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
2% more capital invested
Capital invested by funds: $19.6B → $20B (+$378M)
0.29% less ownership
Funds ownership: 91.01% → 90.72% (-0.29%)
1% less funds holding
Funds holding: 876 → 869 (-7)
2% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 64
11% less repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 324
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$320M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$133M |
| 3 |
JP Morgan Chase
New York
|
+$82.4M |
| 4 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$70.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$69.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$230M |
| 2 |
Goldman Sachs
New York
|
-$88.1M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$61.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$59.1M |
| 5 |
Two Sigma Advisers
New York
|
-$54.9M |
ZBH Hedge Fund Activity: Q2 2018 in Review
869 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Zimmer Biomet (ZBH) for Q2 2018, worth a combined $20B — up 1.9% from $19.6B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of ZBH and 63 opened new positions — a net loss of 1 holder — while 324 trimmed existing stakes and 287 added.
The largest buyer was Wellington Management Group, adding an estimated $320M. The largest seller was BlackRock, cutting an estimated $230M.
- 869 institutional investors held Zimmer Biomet (ZBH) as of Q2 2018, down from 876 in Q1 2018.
- Funds reported $20B of Zimmer Biomet stock for Q2 2018, up 1.9% quarter-over-quarter.
- 63 funds opened new Zimmer Biomet positions in Q2 2018 and 64 closed out, a net change of -1 holder.
- The largest Zimmer Biomet buyer in Q2 2018 was Wellington Management Group, an estimated $320M added.
- The largest Zimmer Biomet seller in Q2 2018 was BlackRock, an estimated $230M sold.
Based on aggregated 13F filings for Q2 2018.