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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.69B -$25.2M -198,131 -0.8%
BlackRock
2
BlackRock
New York
$2.43B -$59.4M -467,430 -2%
State Street
3
State Street
Massachusetts
$1.01B -$5.29M -41,635 -0.5%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$894M -$159M -1,254,625 -14%
Invesco
5
Invesco
Georgia
$721M -$36.3M -285,659 -4%
American Century Companies
6
American Century Companies
Missouri
$546M +$108M +852,186 +21%
Dodge & Cox
7
Dodge & Cox
California
$542M -$4.8M -37,775 -0.8%
Primecap Management
8
Primecap Management
California
$516M -$33.1M -260,365 -5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$504M +$11.5M +90,864 +2%
JP Morgan Chase
10
JP Morgan Chase
New York
$387M -$54.2M -426,603 -11%
Victory Capital Management
11
Victory Capital Management
Texas
$346M +$18.3M +144,147 +5%
Boston Partners
12
Boston Partners
Massachusetts
$302M +$77.3M +608,959 +29%
Northern Trust
13
Northern Trust
Illinois
$298M +$14.4M +113,139 +4%
Capital Research Global Investors
14
Capital Research Global Investors
California
$280M +$17.1M +134,996 +6%
Morgan Stanley
15
Morgan Stanley
New York
$278M -$103M -807,806 -25%
Neuberger Berman Group
16
Neuberger Berman Group
New York
$274M -$26.1M -205,385 -8%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$266M +$28.3M +222,999 +10%
VanEck Associates
18
VanEck Associates
New York
$258M +$45.7M +359,506 +19%
Norges Bank
19
Norges Bank
Norway
$233M +$4.26M +33,538 +2%
Legal & General Group
20
Legal & General Group
United Kingdom
$213M -$592K -4,663 -0.2%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$210M -$973K -7,660 -0.4%
CCM
22
Camber Capital Management
Massachusetts
$208M +$102M +800,000 +76%
Goldman Sachs
23
Goldman Sachs
New York
$197M -$6.5M -51,215 -3%
AllianceBernstein
24
AllianceBernstein
Tennessee
$178M -$12.2M -96,136 -6%
Citadel Advisors
25
Citadel Advisors
Florida
$171M +$185M +1,455,618 +2,203%

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.