Vault-13

SMITH & NEPHEW PLC SNN

SPDN ADR NEW · ADR · CUSIP 83175M205

235 institutional holders +9 vs Q1 2025
34,216,48634.2m shares reported held*
$1.0bnreported value*
33 new 101 added 68 reduced 26 sold out net bought ≈ $89.6m (+2.9m shares)

* 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.62. Options: 1 managers hold calls ($0 notional), 2 hold puts ($9.0k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 196Q4 22: 204Q1 23: 216Q2 23: 230Q3 23: 210Q4 23: 221Q1 24: 213Q2 24: 209Q3 24: 209Q4 24: 215Q1 25: 226Q2 25: 235235Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022196
Q4 2022204
Q1 2023216
Q2 2023230
Q3 2023210
Q4 2023221
Q1 2024213
Q2 2024209
Q3 2024209
Q4 2024215
Q1 2025226
Q2 2025235

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 89 bought or addedQ3 23: 109 cut or sold outQ4 23: 117 bought or addedQ4 23: 99 cut or sold outQ4 23Q1 24: 113 bought or addedQ1 24: 98 cut or sold outQ2 24: 104 bought or addedQ2 24: 90 cut or sold outQ2 24Q3 24: 97 bought or addedQ3 24: 104 cut or sold outQ4 24: 110 bought or addedQ4 24: 97 cut or sold outQ4 24Q1 25: 118 bought or addedQ1 25: 97 cut or sold outQ2 25: 134 bought or addedQ2 25: 94 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202389109
Q4 202311799
Q1 202411398
Q2 202410490
Q3 202497104
Q4 202411097
Q1 202511897
Q2 202513494

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250k$500k$750k$1mQ3 24 calls: $28.0kQ3 24 puts: $205.5kQ3 24P/C 7.33Q4 24 calls: $933.1kQ4 24 puts: $248.3kQ4 24P/C 0.27Q1 25 calls: $14.2kQ1 25 puts: $132.5kQ1 25P/C 9.34Q2 25 calls: $0Q2 25 puts: $9.0kQ2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$28.0k$205.5k7.33
Q4 2024$933.1k$248.3k0.27
Q1 2025$14.2k$132.5k9.34
Q2 2025$0$9.0k—

Biggest buyers

BANK OF MONTREAL /CAN/ Added +2,616,301+2.6m
JPMORGAN CHASE & CO Added +1,192,755+1.2m
Optiver Holding B.V. Added +1,009,569+1.0m
ABC ARBITRAGE SA Added +821,393+821.4k
MORGAN STANLEY Added +663,930+663.9k
ROYAL BANK OF CANADA Added +631,928+631.9k
BNP PARIBAS FINANCIAL MARKETS Added +505,934+505.9k
GOLDMAN SACHS GROUP INC Added +417,902+417.9k
Tower Research Capital LLC (TRC) Added +297,359+297.4k
River Road Asset Management, LLC Added +270,480+270.5k

Biggest sellers

FIDUCIARY MANAGEMENT INC /WI/ Sold out -3,747,726-3.7m
ARMISTICE CAPITAL, LLC Reduced -1,246,962-1.2m
MILLENNIUM MANAGEMENT LLC Reduced -1,156,204-1.2m
J. Goldman & Co LP Reduced -397,230-397.2k
D. E. Shaw & Co., Inc. Reduced -211,553-211.6k
CLARK ESTATES INC/NY Reduced -175,000-175.0k
FRANKLIN RESOURCES INC Sold out -148,371-148.4k
CITADEL ADVISORS LLC Reduced -123,648-123.6k
Aberdeen Group plc Sold out -118,710-118.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -75,030-75.0k

Biggest calls

Biggest puts

SIMPLEX TRADING, LLC Added $9.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

HolderStakeChangeShares Last filed
Cevian Capital II GP LTD 13D · may seek influence +1.1 pts · filed 2026-07-27 14.2% +1.1 pts 119.2m 2026-07-27

Insider purchases and sales in Q2 2025

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.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 3,429,8293.4m $105.1m $105.1m 0.05% Added +2.6m +2,616,301
2 River Road Asset Management, LLC 1.23% of their portfolio LOUISVILLE, KY 3,179,8143.2m $97.2m $97.2m 1.23% Added +270.5k +270,480
3 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 2,189,3032.2m $67.1m $67.1m 0.01% Added +417.9k +417,902
4 Scharf Investments, LLC 1.84% of their portfolio LOS GATOS, CA 2,083,5132.1m $63.8m $63.8m 1.84% Added +7.0k +6,993
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,966,3392.0m $60.2m $60.2m 0.00% Added +663.9k +663,930
6 BRANDES INVESTMENT PARTNERS, LP 0.44% of their portfolio LA JOLLA, CA 1,604,4001.6m $49.1m $49.1m 0.44% Added +63.8k +63,778
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,210,6551.2m $37.1m $37.1m 0.00% Added +1.2m +1,192,755
8 Optiver Holding B.V. 0.95% of their portfolio AMSTERDAM, P7 1,150,9021.2m $35.3m $35.3m 0.95% Added +1.0m +1,009,569
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 972,356972.4k $29.8m $29.8m 0.00% Added +631.9k +631,928
10 ABC ARBITRAGE SA 3.14% of their portfolio PARIS, I0 898,635898.6k $27.5m $27.5m 3.14% Added +821.4k +821,393
11 BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.09% of their portfolio DALLAS, TX 836,318836.3k $25.6m $25.6m 0.09% Reduced -18.9k -18,915
12 CAUSEWAY CAPITAL MANAGEMENT LLC 0.40% of their portfolio LOS ANGELES, CA 821,008821.0k $25.1m $25.1m 0.40% Added +213.7k +213,651
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 776,006776.0k $23.8m $23.8m 0.00% Added +101.4k +101,366
14 CLARK ESTATES INC/NY 4.64% of their portfolio NEW YORK, NY 675,000675.0k $20.7m $20.7m 4.64% Reduced -175.0k -175,000
15 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 644,525644.5k $19.7m $19.7m 0.02% Added +505.9k +505,934
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 543,661543.7k $16.7m $16.7m 0.00% Reduced -75.0k -75,030
17 DEPRINCE RACE & ZOLLO INC 0.34% of their portfolio Winter Park, FL 541,722541.7k $16.6m $16.6m 0.34% Reduced -1.9k -1,944
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 526,420526.4k $16.1m $16.1m 0.00% Added +17.0k +16,987
19 ARMISTICE CAPITAL, LLC 0.61% of their portfolio NEW YORK, NY 522,038522.0k $16.0m $16.0m 0.61% Reduced -1.2m -1,246,962
20 HEARTLAND ADVISORS INC 0.88% of their portfolio MILWAUKEE, WI 513,191513.2k $15.7m $15.7m 0.88% Added +153.3k +153,337
21 FMR LLC 0.00% of their portfolio BOSTON, MA 505,016505.0k $15.5m $15.5m 0.00% Added +21.0k +20,965
22 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 440,375440.4k $13.5m $13.5m 0.00% Added +108.6k +108,635
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 411,608411.6k $12.6m $12.6m 0.00% Added +260.9k +260,891
24 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 408,257408.3k $12.5m $12.5m 0.01% Reduced -1.2m -1,156,204
25 BlackRock, Inc. 0.00% of their portfolio New York, NY 407,026407.0k $12.5m $12.5m 0.00% Added +3.0k +2,997
26 Tower Research Capital LLC (TRC) 0.29% of their portfolio NEW YORK, NY 355,913355.9k $10.9m $10.9m 0.29% Added +297.4k +297,359
27 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 336,144336.1k $10.3m $10.3m 0.01% Added +221.3k +221,324
28 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 289,462289.5k $8.9m $8.9m 0.01% Added +6.0k +5,979
29 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 280,029280.0k $8.6m $8.6m 0.00% Added +20.6k +20,600
30 J. Goldman & Co LP 0.27% of their portfolio NEW YORK, NY 276,330276.3k $8.5m $8.5m 0.27% Reduced -397.2k -397,230
31 Lorne Steinberg Wealth Management Inc. 2.10% of their portfolio MONTREAL, QUEBEC, Z4 262,440262.4k $8.0m $8.0m 2.10% Added +35 +35
32 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.12% of their portfolio New York, NY 252,032252.0k $7.7m $7.7m 0.12% Added +469 +469
33 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 237,825237.8k $7.3m $7.3m 0.01% Reduced -53.3k -53,323
34 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 193,331193.3k $5.9m $5.9m 0.02% Added +21.4k +21,444
35 GSA CAPITAL PARTNERS LLP 0.37% of their portfolio LONDON, X0 171,668171.7k $5.3m $5.3m 0.37% New
36 Oliver Luxxe Assets LLC 0.92% of their portfolio GLADSTONE, NJ 168,977169.0k $5.2m $5.2m 0.92% New
37 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 156,837156.8k $4.8m $4.8m 0.00% Added +14.3k +14,270
38 KORNITZER CAPITAL MANAGEMENT INC /KS 0.10% of their portfolio SHAWNEE MISSION, KS 154,254154.3k $4.7m $4.7m 0.10% Unchanged
39 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 150,162150.2k $4.6m $4.6m 0.01% Added +12.2k +12,176
40 Henry James International Management Inc. 1.51% of their portfolio NEW YORK, NY 149,900149.9k $4.6m $4.6m 1.51% Reduced -6.6k -6,600
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 149,266149.3k $4.6m $4.6m 0.00% Added +44.7k +44,730
42 Sivik Global Healthcare LLC 1.92% of their portfolio GREENWICH, CT 140,000140.0k $4.3m $4.3m 1.92% Added +20.0k +20,000
43 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 126,623126.6k $3.9m $3.9m 0.01% Added +95.0k +94,987
44 Moran Wealth Management, LLC 0.11% of their portfolio NAPLES, FL 121,052121.1k $3.7m $3.7m 0.11% Added +3.7k +3,667
45 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 115,817115.8k $3.5m $3.5m 0.00% Added +33.2k +33,161
46 Crossmark Global Holdings, Inc. 0.06% of their portfolio HOUSTON, TX 114,358114.4k $3.5m $3.5m 0.06% Reduced -119 -119
47 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 113,919113.9k $3.5m $3.5m 0.02% Added +50.4k +50,434
48 Boston Partners 0.00% of their portfolio BOSTON, MA 109,018109.0k $3.3m $3.3m 0.00% Reduced -20.9k -20,875
49 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 96,25096.2k $2.9m $2.9m 0.00% New
50 QRG CAPITAL MANAGEMENT, INC. 0.02% of their portfolio BERWYN, PA 88,13788.1k $2.7m $2.7m 0.02% Added +2.6k +2,603
51 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 77,31577.3k $2.4m $2.4m 0.01% Added +11.7k +11,652
52 HANTZ FINANCIAL SERVICES, INC. 0.04% of their portfolio SOUTHFIELD, MI 74,38074.4k $2.3m $2.3m 0.04% Added +5.7k +5,676
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 71,97472.0k $2.2m $2.2m 0.00% Added +28.4k +28,378
54 EARNEST PARTNERS LLC 0.01% of their portfolio ATLANTA, GA 70,92670.9k $2.2m $2.2m 0.01% Reduced -782 -782
55 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 67,46267.5k $2.1m $2.1m 0.00% Added +9.6k +9,634
56 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 65,84065.8k $2.0m $2.0m 0.00% Reduced -123.6k -123,648
57 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 63,31463.3k $1.9m $1.9m 0.02% Added +9.7k +9,724
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 62,23962.2k $1.9m $1.9m 0.00% Reduced -9.9k -9,885
59 ASHTON THOMAS SECURITIES, LLC 0.41% of their portfolio ROCHESTER, NY 55,91155.9k $1.7m $1.7m 0.41% Added +509 +509
60 EAGLE GLOBAL ADVISORS LLC 0.07% of their portfolio Houston, TX 55,40055.4k $1.7m $1.7m 0.07% Reduced -5.0k -5,000
61 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 54,80854.8k $1.7m $1.7m 0.00% Reduced -211.6k -211,553
62 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 54,23354.2k $1.7m $1.7m 0.00% Added +18.3k +18,343
63 Farringdon Capital, Ltd. 0.54% of their portfolio LONDON, X0 52,82852.8k $1.6m $1.6m 0.54% New
64 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 51,72851.7k $1.6m $1.6m 0.00% Reduced -151 -151
65 SUMMIT SECURITIES GROUP LLC 0.56% of their portfolio NEW YORK, NY 51,23551.2k $1.6m $1.6m 0.56% New
66 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 49,84149.8k $1.5m $1.5m 0.00% Added +2.2k +2,190
67 Campbell & CO Investment Adviser LLC 0.09% of their portfolio BALTIMORE, MD 46,08646.1k $1.4m $1.4m 0.09% Added +30.6k +30,574
68 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 45,32145.3k $1.4m $1.4m 0.01% New
69 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 42,10042.1k $1.3m $1.3m 0.01% Added +18.3k +18,295
70 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 36,92436.9k $1.1m $1.1m 0.00% Reduced -55.3k -55,309
71 Parvin Asset Management, LLC 1.14% of their portfolio SIOUX FALLS, SD 36,37536.4k $1.1m $1.1m 1.14% Reduced -275 -275
72 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 36,07736.1k $1.1m $1.1m 0.00% Added +1.5k +1,512
73 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 34,85834.9k $1.1m $1.1m 0.00% Added +4.3k +4,287
74 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 34,68834.7k $1.1m $1.1m 0.01% Added +2.0k +1,982
75 DRW Securities, LLC 0.07% of their portfolio CHICAGO, IL 33,21033.2k $1.0m $1.0m 0.07% New
76 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 28,70028.7k $879.1k $879.1k 0.00% Reduced -2.3k -2,320
77 ALPS ADVISORS INC 0.00% of their portfolio Denver, CO 28,06328.1k $859.6k $859.6k 0.00% Reduced -1.5k -1,457
78 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 25,25225.3k $773.5k $773.5k 0.00% New
79 Beutel, Goodman & Co Ltd. 0.00% of their portfolio TORONTO, A6 24,45524.5k $749.0k $749.0k 0.00% Added +8.8k +8,800
80 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 23,68323.7k $725.4k $725.4k 0.00% Added +83 +83
81 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 22,82922.8k $699.2k $699.2k 0.00% Added +3.5k +3,497
82 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 22,33922.3k $684.2k $684.2k 0.02% Added +3.7k +3,686
83 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 22,32722.3k $683.9k $683.9k 0.01% Added +2.5k +2,527
84 Investors Research Corp 0.13% of their portfolio ATLANTA, GA 21,00921.0k $643.5k $643.5k 0.13% Unchanged
85 JARISLOWSKY, FRASER Ltd 0.00% of their portfolio MONTREAL, A8 20,82520.8k $637.9k $637.9k 0.00% Reduced -175 -175
86 BKM Wealth Management, LLC 0.25% of their portfolio BROOKFIELD, WI 20,75320.8k $635.7k $635.7k 0.25% Reduced -1.2k -1,238
87 CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio RICHMOND, VA 20,00520.0k $612.8k $612.8k 0.02% Added +725 +725
88 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 19,85519.9k $608.2k $608.2k 0.01% Added +4.4k +4,445
89 HIGHLAND CAPITAL MANAGEMENT, LLC 0.03% of their portfolio MEMPHIS, TN 19,83519.8k $607.5k $607.5k 0.03% Reduced -540 -540
90 Ethic Inc. 0.01% of their portfolio NEW YORK, NY 19,46619.5k $588.3k $588.3k 0.01% Reduced -4.1k -4,112
91 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 19,23819.2k $589.3k $589.3k 0.00% Added +2.6k +2,621
92 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 19,14519.1k $586.4k $586.4k 0.00% Reduced -293 -293
93 Inspire Advisors, LLC 0.06% of their portfolio Meridian, ID 18,35118.4k $562.1k $562.1k 0.06% Reduced -2.3k -2,287
94 Legacy Wealth Asset Management, LLC 0.14% of their portfolio WOODBURY, MN 17,99818.0k $551.3k $551.3k 0.14% Added +299 +299
95 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,76417.8k $544.1k $544.1k 0.00% Added +435 +435
96 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,73117.7k $543.1k $543.1k 0.00% Added +983 +983
97 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 17,28617.3k $529.5k $529.5k 0.00% New
98 SYON CAPITAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 17,10817.1k $524.0k $524.0k 0.03% Reduced -2.7k -2,704
99 LANARK FINANCIAL, INC. 0.04% of their portfolio BIRMINGHAM, AL 17,02617.0k $521.0k $521.0k 0.04% Reduced -80 -80
100 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 16,87216.9k $516.8k $516.8k 0.02% Reduced -249 -249