BOSTON SCIENTIFIC CORP BSX
COM · Common Stock · CUSIP 101137107 · ISIN US1011371077
Worldwide developer, manufacturer and marketer of medical devices
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersMarlborough, MA
- Founded1979
- Websitebostonscientific.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($195.9m this quarter). Holder counts are more reliable. Shares outstanding: 1.5bn as of 2023-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $54.06. Options: 32 managers hold calls ($294.9m notional), 33 hold puts ($325.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 866 |
| Q4 2022 | 929 |
| Q1 2023 | 1,000 |
| Q2 2023 | 1,071 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 433 | 376 |
| Q1 2023 | 514 | 372 |
| Q2 2023 | 523 | 424 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $233.3m | $255.8m | 1.10 |
| Q4 2022 | $203.0m | $303.2m | 1.49 |
| Q1 2023 | $210.0m | $277.6m | 1.32 |
| Q2 2023 | $294.9m | $325.7m | 1.10 |
Biggest buyers
| Invesco Ltd. | Added | +5.5m |
| Winslow Capital Management, LLC | New | +4.4m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +4.4m |
| Amundi | Added | +2.7m |
| BARCLAYS PLC | Added | +2.5m |
| VANGUARD GROUP INC | Added | +2.0m |
| BANK OF AMERICA CORP /DE/ | Added | +2.0m |
| Qube Research & Technologies Ltd | Added | +1.8m |
| Junto Capital Management LP | Added | +1.7m |
| Holocene Advisors, LP | Added | +1.7m |
Biggest sellers
| FMR LLC | Reduced | -109.6m |
| JPMORGAN CHASE & CO | Reduced | -10.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -10.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -6.8m |
| OMERS ADMINISTRATION Corp | Sold out | -4.1m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -2.7m |
| VONTOBEL ASSET MANAGEMENT INC | Reduced | -2.5m |
| MARSHALL WACE, LLP | Reduced | -2.4m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -2.2m |
| STRS OHIO | Reduced | -2.0m |
Biggest calls
| BlackRock Inc. | New | $67.2m1.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $45.5m841.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $23.6m435.6k shares |
| CITADEL ADVISORS LLC | Reduced | $22.1m408.3k shares |
| SIMPLEX TRADING, LLC | Added | $20.2m374.2k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $15.7m289.9k shares |
| Walleye Trading LLC | Reduced | $15.1m279.5k shares |
| UBS Group AG | Added | $10.3m190.9k shares |
| GROUP ONE TRADING LLC | Added | $10.2m189.0k shares |
| GOLDMAN SACHS GROUP INC | New | $8.8m162.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $73.8m1.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $73.0m1.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $29.9m552.6k shares |
| CITADEL ADVISORS LLC | Reduced | $20.1m372.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.0m296.3k shares |
| JANE STREET GROUP, LLC | Reduced | $14.2m262.7k shares |
| GOLDMAN SACHS GROUP INC | New | $13.5m250.0k shares |
| UBS Group AG | Added | $11.4m210.9k shares |
| GROUP ONE TRADING LLC | Added | $10.7m198.2k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $10.5m194.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: FMR LLC (3.1%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $1.0m | 6 | $20.1m | — |
| Q1 2022 | 0 | — | 8 | $6.8m | — |
| Q2 2022 | 0 | — | 4 | $2.0m | — |
| Q3 2022 | 0 | — | 4 | $12.7m | — |
| Q4 2022 | 0 | — | 6 | $18.8m | — |
| Q1 2023 | 0 | — | 6 | $9.1m | — |
| Q2 2023 | 0 | — | 5 | $10.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-21 | Butcher Arthur C EVP& Grp Pres, MedSurg & APAC | Sold | $360.3k6.7k shares |
| 2023-06-15 | Carruthers Wendy EVP, Human Resources | Sold | $621.4k11.7k shares |
| 2023-05-16 | Fitzgerald Joseph Michael EVP & Group Pres, Cardiology | Sold | $3.4m63.3k shares |
| 2023-05-15 | Carruthers Wendy EVP, Human Resources | Sold | $624.3k11.7k shares |
| 2023-05-02 | Thepaut Eric Francis Yves EVP & Pres, Eur, Mid-East, Afr | Sold | $4.4m83.4k shares |
| 2023-04-17 | Carruthers Wendy EVP, Human Resources | Sold | $606.4k11.7k shares |
| 2023-04-05 | Mirviss Jeffrey B. EVP&Pres, Periph Intervent | Sold | $247.1k4.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.21% of their portfolio | 137.5m $7.4bn | Added +124.2k |
| VANGUARD GROUP INC 0.16% of their portfolio | 122.2m $6.6bn | Added +2.0m |
| FMR LLC 0.53% of their portfolio | 117.9m $6.4bn | Reduced -109.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.23% of their portfolio | 69.1m $3.7bn | Reduced -10.4m |
| STATE STREET CORP 0.18% of their portfolio | 63.2m $3.4bn | Added +1.2m |
| WELLINGTON MANAGEMENT GROUP LLP 0.41% of their portfolio | 39.7m $2.1bn | Reduced -6.8m |
| PRIMECAP MANAGEMENT CO/CA/ 1.69% of their portfolio | 37.4m $2.0bn | Reduced -899.2k |
| BANK OF AMERICA CORP /DE/ 0.17% of their portfolio | 26.6m $1.4bn | Added +2.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 26.0m $1.4bn | Added +719.0k |
| Bollard Group LLC 43.56% of their portfolio | 23.7m $1.3bn | Reduced -432.5k |
| JPMORGAN CHASE & CO 0.14% of their portfolio | 23.2m $1.3bn | Reduced -10.5m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.82% of their portfolio | 21.5m $1.2bn | Reduced -2.0m |
| MORGAN STANLEY 0.11% of their portfolio | 20.7m $1.1bn | Added +387.0k |
| JANUS HENDERSON GROUP PLC 0.67% of their portfolio | 19.9m $1.1bn | Reduced -1.1m |
| Artisan Partners Limited Partnership 1.66% of their portfolio | 19.0m $1.0bn | Reduced -1.6m |
| GOLDMAN SACHS GROUP INC 0.26% of their portfolio | 18.8m $1.0bn | Added +897.3k |
| Bank of New York Mellon Corp 0.20% of their portfolio | 17.2m $928.0m | Added +1.4m |
| Amundi 0.45% of their portfolio | 16.7m $893.5m | Added +2.7m |
| CITADEL ADVISORS LLC 0.93% of their portfolio | 15.5m $836.0m | Added +444.2k |
| Invesco Ltd. 0.21% of their portfolio | 14.7m $792.4m | Added +5.5m |
| NORGES BANK 0.15% of their portfolio | 14.4m $778.5m | Added +330.1k |
| NORTHERN TRUST CORP 0.14% of their portfolio | 13.4m $722.6m | Reduced -438.9k |
| Legal & General Group Plc 0.20% of their portfolio | 11.5m $622.3m | Added +742.5k |
| MILLENNIUM MANAGEMENT LLC 0.56% of their portfolio | 10.2m $525.8m | Added +135.1k |
| VONTOBEL ASSET MANAGEMENT INC 3.82% of their portfolio | 10.0m $577.1m | Reduced -2.5m |
| NEUBERGER BERMAN GROUP LLC 0.48% of their portfolio | 9.9m $534.4m | Added +582.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.54% of their portfolio | 9.6m $521.1m | Added +4.4m |
| Nuveen Asset Management, LLC 0.18% of their portfolio | 9.4m $506.0m | Added +1.3m |
| LAZARD ASSET MANAGEMENT LLC 0.61% of their portfolio | 9.2m $497.2m | Reduced -2.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.58% of their portfolio | 8.9m $481.1m | Added +362.5k |
| AMERIPRISE FINANCIAL INC 0.13% of their portfolio | 7.9m $428.6m | Reduced -1.7m |
| Aberdeen Group plc 0.98% of their portfolio | 7.8m $420.6m | Reduced -84.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 7.4m $402.5m | Reduced -87 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.18% of their portfolio | 7.2m $362.0m | Unchanged |
| FIL Ltd 0.44% of their portfolio | 7.2m $389.7m | Reduced -1.6m |
| Newport Trust Company, LLC 1.08% of their portfolio | 6.9m $370.9m | Reduced -60.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.55% of their portfolio | 6.7m $364.6m | Added +352.0k |
| Holocene Advisors, LP 1.44% of their portfolio | 6.1m $328.4m | Added +1.7m |
| Impax Asset Management Group plc 1.31% of their portfolio | 6.0m $325.8m | Reduced -941.8k |
| UBS Group AG 0.13% of their portfolio | 5.7m $309.3m | Added +43.6k |
| Swiss National Bank 0.19% of their portfolio | 5.2m $280.8m | Reduced -493.2k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.63% of their portfolio | 5.0m $272.9m | Reduced -2.7m |
| Ninety One UK Ltd 0.79% of their portfolio | 5.0m $272.1m | Reduced -24.5k |
| SEI INVESTMENTS CO 0.46% of their portfolio | 4.9m $262.6m | Added +597.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 4.6m $248.4m | Added +560.9k |
| Winslow Capital Management, LLC 1.07% of their portfolio | 4.4m $238.0m | New |
| BANK OF MONTREAL /CAN/ 0.08% of their portfolio | 4.2m $229.8m | Added +1.6m |
| PUTNAM INVESTMENTS LLC 0.32% of their portfolio | 4.0m $216.4m | Reduced -741.8k |
| AGF MANAGEMENT LTD 1.55% of their portfolio | 4.0m $213.7m | Added +1.7m |
| Fisher Asset Management, LLC 0.11% of their portfolio | 3.8m $207.7m | Added +51.4k |
| BARCLAYS PLC 0.13% of their portfolio | 3.8m $203.3m | Added +2.5m |
| PICTET ASSET MANAGEMENT SA 0.24% of their portfolio | 3.7m $200.8m | Reduced -219.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.16% of their portfolio | 3.7m $200.4m | Reduced -824.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.43% of their portfolio | 3.6m $196.4m | Added +762.8k |
| PRUDENTIAL FINANCIAL INC 0.28% of their portfolio | 3.6m $193.2m | Added +1.6m |
| Point72 Asset Management, L.P. 0.65% of their portfolio | 3.5m $188.8m | Added +1.7m |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 3.4m $186.4m | Added +423.3k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 3.4m $183.0m | Reduced -136.7k |
| ORBIMED ADVISORS LLC 3.34% of their portfolio | 3.4m $182.8m | Reduced -410.1k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 3.3m $179.5m | Added +115.8k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 3.2m $171.3m | Added +596.5k |
| JARISLOWSKY, FRASER Ltd 1.01% of their portfolio | 3.1m $169.4m | Reduced -120.2k |
| Assenagon Asset Management S.A. 0.66% of their portfolio | 3.1m $168.5m | Added +1.2m |
| Allspring Global Investments Holdings, LLC 0.26% of their portfolio | 3.0m $161.9m | Reduced -887.4k |
| RHUMBLINE ADVISERS 0.18% of their portfolio | 2.9m $158.1m | Added +15.6k |
| National Pension Service 0.25% of their portfolio | 2.9m $152.0m | Added +548.7k |
| AXA S.A. 0.50% of their portfolio | 2.8m $149.6m | Added +544.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.19% of their portfolio | 2.7m $148.4m | Reduced -9.1k |
| TWO SIGMA ADVISERS, LP 0.37% of their portfolio | 2.7m $146.1m | Reduced -1.0m |
| Bellevue Group AG 2.05% of their portfolio | 2.7m $144.0m | Reduced -778.1k |
| California Public Employees Retirement System 0.12% of their portfolio | 2.6m $142.7m | Reduced -42.2k |
| GREAT LAKES ADVISORS, LLC 1.42% of their portfolio | 2.6m $142.4m | Reduced -526.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio | 2.6m $138.9m | Added +475.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.42% of their portfolio | 2.5m $136.8m | Added +23.1k |
| DSM CAPITAL PARTNERS LLC 2.18% of their portfolio | 2.5m $134.7m | Reduced -1.2m |
| TWO SIGMA INVESTMENTS, LP 0.35% of their portfolio | 2.4m $132.3m | Added +1.3m |
| TORONTO DOMINION BANK 0.10% of their portfolio | 2.4m $131.7m | Added +1.2m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.18% of their portfolio | 2.4m $129.0m | Reduced -43.9k |
| CITIGROUP INC 0.16% of their portfolio | 2.3m $122.2m | Reduced -31.7k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 2.2m $121.3m | Added +601.8k |
| TCW GROUP INC 1.31% of their portfolio | 2.2m $118.5m | Added +52.4k |
| KBC Group NV 0.48% of their portfolio | 2.1m $115.9m | Reduced -648.6k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 2.1m $112.8m | Reduced -5.7k |
| STEADFAST CAPITAL MANAGEMENT LP 3.00% of their portfolio | 2.1m $112.8m | Added +451.0k |
| Junto Capital Management LP 2.85% of their portfolio | 2.1m $112.5m | Added +1.7m |
| FRED ALGER MANAGEMENT, LLC 0.57% of their portfolio | 2.1m $111.3m | Added +58.3k |
| Rathbones Group PLC 1.01% of their portfolio | 2.0m $108.3m | Added +556.9k |
| CREDIT SUISSE AG/ 0.11% of their portfolio | 2.0m $107.6m | Reduced -69.9k |
| 1832 Asset Management L.P. 0.21% of their portfolio | 2.0m $106.1m | Reduced -602.0k |
| MARSHALL WACE, LLP 0.22% of their portfolio | 1.9m $101.8m | Reduced -2.4m |
| Qube Research & Technologies Ltd 0.39% of their portfolio | 1.9m $101.0m | Added +1.8m |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 1.8m $99.0m | Reduced -44.1k |
| STIFEL FINANCIAL CORP 0.13% of their portfolio | 1.8m $96.7m | Reduced -6.3k |
| Bridgewater Associates, LP 0.58% of their portfolio | 1.7m $94.0m | Reduced -203.6k |
| STRS OHIO 0.39% of their portfolio | 1.7m $92.9m | Reduced -2.0m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.87% of their portfolio | 1.7m $92.9m | Added +1.6m |
| BNP PARIBAS FINANCIAL MARKETS 0.18% of their portfolio | 1.7m $90.3m | Added +974.6k |
| Homestead Advisers Corp 2.32% of their portfolio | 1.6m $87.4m | Added +7.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.6m $86.9m | Added +751.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.19% of their portfolio | 1.6m $86.4m | Reduced -23.7k |