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Zimmer Biomet

896 hedge funds and large institutions have $25B invested in Zimmer Biomet in 2019 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 282 increasing their positions, 349 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more call options, than puts

Call options by funds: $79.1M | Put options by funds: $57.7M

27% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 63

21% more funds holding in top 10

Funds holding in top 10: 1923 (+4)

16% more capital invested

Capital invested by funds: $21.5B → $25B (+$3.5B)

1% more funds holding

Funds holding: 883896 (+13)

0.59% less ownership

Funds ownership: 91.9%91.31% (-0.59%)

19% less repeat investments, than reductions

Existing positions increased: 282 | Existing positions reduced: 349

Holders
896
Holders Change
+13
Holders Change %
+1.47%
% of All Funds
19.65%
Holding in Top 10
23
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+21.05%
% of All Funds
0.5%
New
80
Increased
282
Reduced
349
Closed
63
Calls
$79.1M
Puts
$57.7M
Net Calls
+$21.4M
Net Calls Change
+$44.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.24B -$17.9M -138,812 -0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.14B +$20.1M +155,313 +1%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$1.52B -$99.8M -772,856 -6%
JP Morgan Chase
4
JP Morgan Chase
New York
$1.28B -$65.4M -506,540 -5%
State Street
5
State Street
Massachusetts
$1.14B -$10.9M -84,543 -1%
Invesco
6
Invesco
Georgia
$1.11B +$132M +1,020,973 +14%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$858M +$26.5M +205,520 +3%
American Century Companies
8
American Century Companies
Missouri
$664M -$48.8M -377,464 -7%
N
9
Nuveen
North Carolina
$598M +$13.3M +102,711 +2%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$581M -$11.2M -86,667 -2%
Boston Partners
11
Boston Partners
Massachusetts
$530M +$24.9K +193 +0%
Northern Trust
12
Northern Trust
Illinois
$483M -$5.94M -45,999 -1%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$423M +$19.7M +152,839 +5%
Primecap Management
14
Primecap Management
California
$404M +$51.5M +398,610 +15%
Nordea Investment Management
15
Nordea Investment Management
Sweden
$399M -$10.1M -77,910 -3%
CVA
16
Ceredex Value Advisors
Florida
$331M -$17.6M -136,426 -5%
Wells Fargo
17
Wells Fargo
California
$312M +$29.9M +231,707 +11%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$270M -$31.9M -246,758 -11%
Norges Bank
19
Norges Bank
Norway
$256M
Goldman Sachs
20
Goldman Sachs
New York
$238M +$13.5M +104,631 +6%
Bank of America
21
Bank of America
North Carolina
$233M +$6.87M +53,175 +3%
WRF
22
Waddell & Reed Financial
Kansas
$218M +$14.3M +110,848 +7%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$203M -$16.1M -124,326 -8%
Millennium Management
24
Millennium Management
New York
$194M +$89.9M +696,155 +92%
Legal & General Group
25
Legal & General Group
United Kingdom
$192M -$771K -5,965 -0.4%

ZBH Hedge Fund Activity: Q3 2019 in Review

896 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Zimmer Biomet (ZBH) for Q3 2019, worth a combined $25B — up 16% from $21.5B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new ZBH positions and 63 closed out — a net gain of 17 holders — while 282 added to existing stakes and 349 trimmed.

The largest buyer was Amundi Asset Management US, adding an estimated $155M. The largest seller was Jana Partners, cutting an estimated $143M.

  • 896 institutional investors held Zimmer Biomet (ZBH) as of Q3 2019, up from 883 in Q2 2019.
  • Funds reported $25B of Zimmer Biomet stock for Q3 2019, up 16% quarter-over-quarter.
  • 80 funds opened new Zimmer Biomet positions in Q3 2019 and 63 closed out, a net change of +17 holders.
  • The largest Zimmer Biomet buyer in Q3 2019 was Amundi Asset Management US, an estimated $155M added.
  • The largest Zimmer Biomet seller in Q3 2019 was Jana Partners, an estimated $143M sold.

Based on aggregated 13F filings for Q3 2019.