MEDTRONIC PLC MDT
SHS · Common Stock · CUSIP G5960L103
Medical device company
- SectorHealth care
- IndustryElectromedical & Electrotherapeutic Apparatus
- HeadquartersIreland, Ireland
- Founded1949
- Websitemedtronic.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 ($1.2bn this quarter). Holder counts are more reliable. Shares outstanding: 1.3bn as of 2023-06-16, 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 ≈ $88.05. Options: 42 managers hold calls ($746.3m notional), 36 hold puts ($685.7m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,918 |
| Q4 2022 | 1,950 |
| Q1 2023 | 1,980 |
| Q2 2023 | 2,044 |
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 | 791 | 1,058 |
| Q1 2023 | 1,146 | 732 |
| Q2 2023 | 1,033 | 854 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $893.0m | $461.5m | 0.52 |
| Q4 2022 | $900.6m | $523.4m | 0.58 |
| Q1 2023 | $666.4m | $554.5m | 0.83 |
| Q2 2023 | $746.3m | $685.7m | 0.92 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +6.3m |
| MORGAN STANLEY | Added | +3.1m |
| NEUBERGER BERMAN GROUP LLC | Added | +1.6m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +1.5m |
| Capital Research Global Investors | Added | +1.5m |
| Balyasny Asset Management L.P. | Added | +1.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.3m |
| Caisse de depot et placement du Quebec | Added | +1.3m |
| BARCLAYS PLC | Added | +1.3m |
| AMERIPRISE FINANCIAL INC | Added | +1.3m |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -5.5m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -3.9m |
| Mitsubishi UFJ Asset Management Co., Ltd. | Reduced | -2.8m |
| Grantham, Mayo, Van Otterloo & Co. LLC | Reduced | -2.8m |
| BlackRock Inc. | Reduced | -2.7m |
| UBS Group AG | Reduced | -2.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.9m |
| Amundi | Reduced | -1.8m |
| FMR LLC | Reduced | -1.7m |
| STRS OHIO | Reduced | -1.6m |
Biggest calls
| Twin Tree Management, LP | New | $205.4m2.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $152.1m1.7m shares |
| CITADEL ADVISORS LLC | Reduced | $131.2m1.5m shares |
| JANE STREET GROUP, LLC | Added | $50.9m577.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.0m363.6k shares |
| Parallax Volatility Advisers, L.P. | Added | $24.1m274.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $21.7m246.5k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $19.3m219.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $14.4m165.4k shares |
| GROUP ONE TRADING LLC | Added | $11.2m127.1k shares |
Biggest puts
| Twin Tree Management, LP | New | $174.9m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $128.4m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $101.8m1.2m shares |
| JANE STREET GROUP, LLC | Added | $49.2m558.7k shares |
| BANK OF AMERICA CORP /DE/ | Added | $40.7m462.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.3m298.7k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $21.6m244.7k shares |
| WOLVERINE TRADING, LLC | Added | $13.2m152.7k shares |
| IMC-Chicago, LLC | Added | $9.8m111.6k shares |
| Cubist Systematic Strategies, LLC | Reduced | $9.5m107.5k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 6.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; 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 | $517.3k | 2 | $811.5k | — |
| Q1 2022 | 0 | — | 2 | $706.8k | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $1.5m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.26% of their portfolio | 125.8m $11.1bn | Added +206.7k |
| BlackRock Inc. 0.28% of their portfolio | 115.0m $10.1bn | Reduced -2.7m |
| STATE STREET CORP 0.28% of their portfolio | 60.1m $5.3bn | Added +175.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.04% of their portfolio | 36.0m $3.2bn | Reduced -245.1k |
| Capital Research Global Investors 0.74% of their portfolio | 31.5m $2.8bn | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 25.6m $2.3bn | Reduced -575.8k |
| BANK OF AMERICA CORP /DE/ 0.27% of their portfolio | 25.4m $2.2bn | Reduced -1.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.41% of their portfolio | 24.5m $2.2bn | Reduced -5.5m |
| MORGAN STANLEY 0.19% of their portfolio | 21.8m $1.9bn | Added +3.1m |
| Bank of New York Mellon Corp 0.37% of their portfolio | 19.9m $1.8bn | Reduced -235.8k |
| JPMORGAN CHASE & CO 0.20% of their portfolio | 19.6m $1.7bn | Reduced -700.8k |
| FRANKLIN RESOURCES INC 0.81% of their portfolio | 19.4m $1.7bn | Reduced -547.1k |
| AMERIPRISE FINANCIAL INC 0.46% of their portfolio | 16.6m $1.5bn | Added +1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.20% of their portfolio | 16.6m $1.5bn | Added +6.3m |
| DEUTSCHE BANK AG\ 0.77% of their portfolio | 16.4m $1.4bn | Reduced -138.9k |
| NORGES BANK 0.24% of their portfolio | 14.0m $1.2bn | Added +299.9k |
| WELLS FARGO & COMPANY/MN 0.35% of their portfolio | 13.8m $1.2bn | Added +4.5k |
| NORTHERN TRUST CORP 0.23% of their portfolio | 13.3m $1.2bn | Reduced -735.3k |
| ROYAL BANK OF CANADA 0.33% of their portfolio | 13.3m $1.2bn | Added +518.5k |
| Invesco Ltd. 0.30% of their portfolio | 12.8m $1.1bn | Reduced -1.3m |
| Sanders Capital, LLC 2.26% of their portfolio | 12.3m $1.1bn | Reduced -804.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.27% of their portfolio | 10.9m $942.9m | Added +2.3k |
| Legal & General Group Plc 0.29% of their portfolio | 10.2m $899.9m | Added +518.5k |
| ALLIANCEBERNSTEIN L.P. 0.35% of their portfolio | 9.9m $869.2m | Reduced -97.3k |
| AMERICAN CENTURY COMPANIES INC 0.64% of their portfolio | 9.6m $850.0m | Reduced -1.1m |
| Aristotle Capital Management, LLC 1.61% of their portfolio | 9.0m $792.2m | Reduced -72.0k |
| Dodge & Cox 0.41% of their portfolio | 7.0m $619.4m | Reduced -152.8k |
| Longview Partners (Guernsey) LTD 3.99% of their portfolio | 6.9m $608.5m | Added +12.8k |
| LAZARD ASSET MANAGEMENT LLC 0.70% of their portfolio | 6.5m $570.2m | Added +802.9k |
| DIMENSIONAL FUND ADVISORS LP 0.18% of their portfolio | 6.3m $553.8m | Added +64.7k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.02% of their portfolio | 6.2m $543.6m | Added +127.3k |
| Nuveen Asset Management, LLC 0.19% of their portfolio | 6.1m $541.3m | Added +48.8k |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 6.1m $538.8m | Reduced -726.8k |
| RAYMOND JAMES & ASSOCIATES 0.42% of their portfolio | 5.8m $512.8m | Added +266.2k |
| Amundi 0.26% of their portfolio | 5.8m $506.1m | Reduced -1.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.62% of their portfolio | 5.8m $506.7m | Reduced -1.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.22% of their portfolio | 5.6m $453.0m | Unchanged |
| First Eagle Investment Management, LLC 1.24% of their portfolio | 5.5m $484.2m | Added +10.7k |
| STIFEL FINANCIAL CORP 0.64% of their portfolio | 5.3m $465.9m | Added +209.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.63% of their portfolio | 5.0m $438.2m | Added +405.9k |
| Swiss National Bank 0.29% of their portfolio | 4.8m $423.3m | Reduced -473.9k |
| UBS Group AG 0.17% of their portfolio | 4.5m $394.9m | Reduced -2.2m |
| ENVESTNET ASSET MANAGEMENT INC 0.16% of their portfolio | 4.0m $350.8m | Added +246.9k |
| NEUBERGER BERMAN GROUP LLC 0.29% of their portfolio | 3.7m $325.2m | Added +1.6m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.31% of their portfolio | 3.6m $319.1m | Unchanged |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.41% of their portfolio | 3.6m $313.7m | Reduced -10.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.21% of their portfolio | 3.5m $311.1m | Reduced -393.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.22% of their portfolio | 3.3m $288.7m | Reduced -753.2k |
| Fisher Asset Management, LLC 0.16% of their portfolio | 3.3m $287.4m | Reduced -158.1k |
| VAN ECK ASSOCIATES CORP 0.59% of their portfolio | 3.1m $271.0m | Added +416.1k |
| TWO SIGMA ADVISERS, LP 0.69% of their portfolio | 3.1m $269.6m | Reduced -1.4m |
| Cullen Capital Management, LLC 2.40% of their portfolio | 3.0m $268.5m | Added +28.3k |
| JANUS HENDERSON GROUP PLC 0.16% of their portfolio | 2.9m $259.0m | Reduced -33.8k |
| BARCLAYS PLC 0.17% of their portfolio | 2.9m $258.0m | Added +1.3m |
| MAIRS & POWER INC 2.70% of their portfolio | 2.8m $248.6m | Reduced -729 |
| FLOSSBACH VON STORCH SE 0.99% of their portfolio | 2.8m $246.2m | Added +141.3k |
| California Public Employees Retirement System 0.21% of their portfolio | 2.8m $244.4m | Reduced -95.8k |
| FEDERATED HERMES, INC. 0.60% of their portfolio | 2.8m $243.5m | Added +29.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.33% of their portfolio | 2.8m $244.2m | Reduced -3.9m |
| Raymond James Financial Services Advisors, Inc. 0.43% of their portfolio | 2.7m $242.1m | Added +128.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.31% of their portfolio | 2.7m $239.8m | Reduced -96.9k |
| PZENA INVESTMENT MANAGEMENT LLC 1.01% of their portfolio | 2.7m $237.3m | Added +1.5m |
| RHUMBLINE ADVISERS 0.26% of their portfolio | 2.7m $235.0m | Added +29.8k |
| ALTRINSIC GLOBAL ADVISORS LLC 8.61% of their portfolio | 2.6m $224.7m | Reduced -46.1k |
| CANADA LIFE ASSURANCE Co 0.52% of their portfolio | 2.5m $221.3m | Reduced -19.9k |
| M&G INVESTMENT MANAGEMENT LTD 1.31% of their portfolio | 2.5m $219.6m | Added +117.0k |
| DekaBank Deutsche Girozentrale 0.48% of their portfolio | 2.5m $213.9m | Added +725.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 1.51% of their portfolio | 2.4m $209.3m | Reduced -34.5k |
| Manning & Napier Group, LLC 2.33% of their portfolio | 2.3m $203.8m | Added +591.8k |
| Sustainable Growth Advisers, LP 0.95% of their portfolio | 2.3m $200.4m | Added +779.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.28% of their portfolio | 2.2m $195.0m | Reduced -50.4k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 2.2m $196.5m | Reduced -30.0k |
| ProShare Advisors LLC 0.56% of their portfolio | 2.2m $193.9m | Reduced -112.5k |
| MILLENNIUM MANAGEMENT LLC 0.20% of their portfolio | 2.2m $191.4m | Added +1.3m |
| CREDIT SUISSE AG/ 0.18% of their portfolio | 2.1m $185.1m | Added +38.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 2.1m $182.0m | Reduced -20.5k |
| COOKE & BIELER LP 1.59% of their portfolio | 1.9m $170.8m | Reduced -13.6k |
| Russell Investments Group, Ltd. 0.32% of their portfolio | 1.9m $168.1m | Added +21.0k |
| TORONTO DOMINION BANK 0.12% of their portfolio | 1.8m $159.7m | Added +1.0m |
| EAGLE ASSET MANAGEMENT INC 0.84% of their portfolio | 1.7m $150.2m | Added +120.7k |
| 1832 Asset Management L.P. 0.29% of their portfolio | 1.7m $150.2m | Added +155.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.21% of their portfolio | 1.7m $149.4m | Reduced -290.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.23% of their portfolio | 1.7m $149.3m | Reduced -869.8k |
| Coho Partners, Ltd. 2.67% of their portfolio | 1.7m $147.3m | Reduced -74.6k |
| APG Asset Management N.V. 0.27% of their portfolio | 1.6m $133.2m | Reduced -196.2k |
| Boston Partners 0.20% of their portfolio | 1.6m $145.2m | Reduced -148.1k |
| US BANCORP \DE\ 0.24% of their portfolio | 1.6m $144.7m | Reduced -38.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 1.6m $142.7m | Reduced -212.9k |
| Haverford Trust Co 1.54% of their portfolio | 1.5m $136.1m | Added +16.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.38% of their portfolio | 1.5m $135.6m | Reduced -67.1k |
| Thrivent Financial for Lutherans 0.31% of their portfolio | 1.5m $134.7m | Added +229.8k |
| FMR LLC 0.01% of their portfolio | 1.5m $132.4m | Reduced -1.7m |
| Balyasny Asset Management L.P. 0.37% of their portfolio | 1.5m $131.3m | Added +1.5m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.20% of their portfolio | 1.5m $130.9m | Added +52.5k |
| Troy Asset Management Ltd 3.80% of their portfolio | 1.5m $129.8m | Added +23.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.29% of their portfolio | 1.5m $129.7m | Reduced -50.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.28% of their portfolio | 1.4m $127.0m | Reduced -47.2k |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 1.4m $126.4m | Added +993.8k |
| Bellevue Group AG 1.77% of their portfolio | 1.4m $124.3m | Added +181.3k |
| HighTower Advisors, LLC 0.24% of their portfolio | 1.4m $124.2m | Added +110.0k |