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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
BlackRock
1
BlackRock
New York
$1.66B +$17.7M +157,784 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.56B +$61.4M +546,349 +4%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$1.41B -$40.4M -359,343 -3%
JP Morgan Chase
4
JP Morgan Chase
New York
$1.23B +$36.1M +320,900 +3%
State Street
5
State Street
Massachusetts
$844M +$9.84M +87,531 +1%
LP
6
Longview Partners
Guernsey
$669M -$13.7M -121,693 -2%
American Century Companies
7
American Century Companies
Missouri
$563M +$118M +1,046,984 +23%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$545M +$274M +2,438,555 +82%
Invesco
9
Invesco
Georgia
$530M +$21.4M +190,706 +4%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$446M +$9.6M +85,399 +2%
Nordea Investment Management
11
Nordea Investment Management
Sweden
$389M -$43.2M -384,312 -9%
Northern Trust
12
Northern Trust
Illinois
$372M +$7.13M +63,425 +2%
O
13
OppenheimerFunds
New York
$303M +$51.8M +460,575 +18%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$274M +$23.8M +211,698 +8%
TCIM
15
TIAA CREF Investment Management
New York
$270M -$9.9M -88,007 -3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$243M -$10.7M -94,830 -4%
JP
17
Jana Partners
New York
$237M -$17.6M -156,355 -6%
Wells Fargo
18
Wells Fargo
California
$227M +$11.8M +105,027 +5%
CVA
19
Ceredex Value Advisors
Florida
$216M +$24.2M +215,534 +11%
Primecap Management
20
Primecap Management
California
$198M +$22.1M +196,133 +11%
Norges Bank
21
Norges Bank
Norway
$188M
Goldman Sachs
22
Goldman Sachs
New York
$178M +$22.3M +198,263 +13%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$174M -$80.8M -718,086 -29%
TA
24
Teachers Advisors
New York
$160M +$23.8M +212,010 +15%
Bank of America
25
Bank of America
North Carolina
$149M +$2.72M +24,212 +2%

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.