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 ($360.4m this quarter). Holder counts are more reliable. Shares outstanding: 1.3bn as of 2024-08-22, 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 ≈ $89.94. Options: 56 managers hold calls ($819.1m notional), 48 hold puts ($740.6m).
Trends to Q3 2024
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 |
| Q3 2023 | 1,963 |
| Q4 2023 | 2,068 |
| Q1 2024 | 2,067 |
| Q2 2024 | 2,020 |
| Q3 2024 | 2,060 |
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 |
| Q3 2023 | 1,002 | 903 |
| Q4 2023 | 781 | 1,124 |
| Q1 2024 | 1,071 | 873 |
| Q2 2024 | 926 | 998 |
| Q3 2024 | 907 | 1,020 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $847.5m | $808.1m | 0.95 |
| Q1 2024 | $798.8m | $785.3m | 0.98 |
| Q2 2024 | $660.2m | $508.2m | 0.77 |
| Q3 2024 | $819.1m | $740.6m | 0.90 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +6.0m |
| CITADEL ADVISORS LLC | Added | +4.8m |
| MILLENNIUM MANAGEMENT LLC | Added | +4.2m |
| JPMORGAN CHASE & CO | Added | +3.7m |
| Invesco Ltd. | Added | +2.3m |
| LAZARD ASSET MANAGEMENT LLC | Added | +2.3m |
| BANK OF MONTREAL /CAN/ | Added | +1.8m |
| BANK OF AMERICA CORP /DE/ | Added | +1.8m |
| JANUS HENDERSON GROUP PLC | Added | +1.4m |
| DEUTSCHE BANK AG\ | Added | +1.4m |
Biggest sellers
| Sanders Capital, LLC | Reduced | -10.9m |
| MORGAN STANLEY | Reduced | -4.8m |
| VANGUARD GROUP INC | Reduced | -3.2m |
| FRANKLIN RESOURCES INC | Reduced | -3.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.8m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | Reduced | -2.4m |
| VAN ECK ASSOCIATES CORP | Reduced | -2.2m |
| 1832 Asset Management L.P. | Reduced | -1.8m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -1.8m |
| EAGLE ASSET MANAGEMENT INC | Sold out | -1.6m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $132.0m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $126.2m1.4m shares |
| JANE STREET GROUP, LLC | Added | $74.2m823.7k shares |
| Walleye Trading LLC | Added | $52.8m586.6k shares |
| SIMPLEX TRADING, LLC | Added | $46.7m518.5k shares |
| BARCLAYS PLC | Reduced | $33.5m372.3k shares |
| PEAK6 Investments LLC | Added | $31.5m350.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $31.3m347.3k shares |
| BANK OF AMERICA CORP /DE/ | Added | $27.1m301.4k shares |
| UBS Group AG | Added | $26.8m297.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $98.1m1.1m shares |
| JANE STREET GROUP, LLC | Added | $92.0m1.0m shares |
| BARCLAYS PLC | New | $72.3m803.2k shares |
| CITADEL ADVISORS LLC | Reduced | $71.0m788.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $43.1m478.4k shares |
| UBS Group AG | Added | $25.6m284.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $24.7m2.7k shares |
| Eisler Capital (UK) Ltd. | Added | $22.3m247.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $21.9m243.8k shares |
| Walleye Trading LLC | Added | $20.4m226.4k 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 Q3 2024
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 |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 2 | $1.5m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 4 | $1.7m | $373.0k |
| Q4 2023 | 0 | — | 1 | $410.6k | $410.6k |
| Q1 2024 | 0 | — | 1 | $2.6m | — |
| Q2 2024 | 0 | — | 2 | $1.7m | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 123.4m $11.1bn | Reduced -3.2m |
| BlackRock, Inc. 0.21% of their portfolio | 111.3m $10.0bn | First filing |
| JPMORGAN CHASE & CO 0.22% of their portfolio | 60.8m $5.5bn | Added +3.7m |
| STATE STREET CORP 0.22% of their portfolio | 60.7m $5.5bn | Added +520.0k |
| Capital Research Global Investors 0.61% of their portfolio | 32.6m $2.9bn | Added +900.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 26.5m $2.4bn | Reduced -374.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.66% of their portfolio | 24.4m $2.2bn | Reduced -346.7k |
| MORGAN STANLEY 0.15% of their portfolio | 23.5m $2.1bn | Reduced -4.8m |
| BANK OF AMERICA CORP /DE/ 0.18% of their portfolio | 23.3m $2.1bn | Added +1.8m |
| Bank of New York Mellon Corp 0.34% of their portfolio | 20.2m $1.8bn | Reduced -810.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.29% of their portfolio | 18.4m $1.7bn | Reduced -2.8m |
| DEUTSCHE BANK AG\ 0.66% of their portfolio | 18.1m $1.6bn | Added +1.4m |
| FRANKLIN RESOURCES INC 0.42% of their portfolio | 16.6m $1.5bn | Reduced -3.1m |
| NORGES BANK 0.18% of their portfolio | 14.5m $1.3bn | Reduced -1.1m |
| Invesco Ltd. 0.23% of their portfolio | 13.1m $1.2bn | Added +2.3m |
| ROYAL BANK OF CANADA 0.23% of their portfolio | 11.7m $1.1bn | Added +268.9k |
| AMERIPRISE FINANCIAL INC 0.26% of their portfolio | 11.4m $1.0bn | Added +513.7k |
| NORTHERN TRUST CORP 0.17% of their portfolio | 11.4m $1.0bn | Reduced -886.5k |
| First Eagle Investment Management, LLC 1.81% of their portfolio | 9.8m $879.0m | Added +386.7k |
| AMERICAN CENTURY COMPANIES INC 0.51% of their portfolio | 9.7m $874.8m | Reduced -691.4k |
| Legal & General Group Plc 0.23% of their portfolio | 9.5m $858.3m | Added +275.9k |
| ALLIANCEBERNSTEIN L.P. 0.29% of their portfolio | 9.5m $858.0m | Reduced -1.2m |
| PZENA INVESTMENT MANAGEMENT LLC 2.49% of their portfolio | 8.6m $772.7m | Added +275.9k |
| Aristotle Capital Management, LLC 1.34% of their portfolio | 8.2m $735.9m | Reduced -130.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 7.9m $708.3m | Reduced -188.8k |
| LAZARD ASSET MANAGEMENT LLC 0.89% of their portfolio | 7.4m $665.4m | Added +2.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.17% of their portfolio | 7.3m $661.1m | Added +6.0m |
| DIMENSIONAL FUND ADVISORS LP 0.15% of their portfolio | 7.0m $634.5m | Reduced -72.3k |
| WELLS FARGO & COMPANY/MN 0.15% of their portfolio | 7.0m $631.4m | Reduced -197.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio | 6.9m $624.5m | Reduced -46.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.03% of their portfolio | 6.8m $610.6m | Reduced -396.7k |
| Dodge & Cox 0.34% of their portfolio | 6.8m $608.9m | Reduced -28.1k |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 6.6m $597.9m | Reduced -910.9k |
| RAYMOND JAMES & ASSOCIATES 0.35% of their portfolio | 6.4m $575.5m | Added +145.5k |
| MILLENNIUM MANAGEMENT LLC 0.48% of their portfolio | 6.2m $559.8m | Added +4.2m |
| Fisher Asset Management, LLC 0.22% of their portfolio | 5.9m $530.6m | Added +609.4k |
| STIFEL FINANCIAL CORP 0.55% of their portfolio | 5.8m $526.0m | Added +164.7k |
| Longview Partners (Guernsey) LTD 3.60% of their portfolio | 5.8m $524.1m | Reduced -58.7k |
| CITADEL ADVISORS LLC 0.55% of their portfolio | 5.8m $524.1m | Added +4.8m |
| Amundi 0.16% of their portfolio | 4.9m $427.6m | Added +624.1k |
| BANK OF MONTREAL /CAN/ 0.19% of their portfolio | 4.5m $406.1m | Added +1.8m |
| Nuveen Asset Management, LLC 0.11% of their portfolio | 4.4m $395.6m | Reduced -1.3m |
| UBS Group AG 0.11% of their portfolio | 4.2m $376.1m | Reduced -114.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio | 4.2m $374.1m | Reduced -202.5k |
| JANUS HENDERSON GROUP PLC 0.18% of their portfolio | 3.9m $346.7m | Added +1.4m |
| Swiss National Bank 0.22% of their portfolio | 3.8m $342.7m | Reduced -125.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.34% of their portfolio | 3.7m $330.0m | Reduced -23.3k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.28% of their portfolio | 3.6m $326.1m | Unchanged |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.06% of their portfolio | 3.6m $324.1m | Reduced -2.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.27% of their portfolio | 3.5m $317.3m | Reduced -1.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.26% of their portfolio | 3.3m $292.8m | Added +732.8k |
| 1832 Asset Management L.P. 0.47% of their portfolio | 3.1m $278.8m | Reduced -1.8m |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 3.0m $272.9m | Reduced -50.0k |
| BARCLAYS PLC 0.12% of their portfolio | 2.9m $265.1m | Reduced -286.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.28% of their portfolio | 2.8m $250.1m | Added +861.3k |
| Camber Capital Management LP 9.62% of their portfolio | 2.8m $247.6m | Added +500.0k |
| Cullen Capital Management, LLC 2.68% of their portfolio | 2.7m $246.3m | Added +121.7k |
| M&G PLC 1.25% of their portfolio | 2.7m $244.2m | Reduced -139.9k |
| National Pension Service 0.23% of their portfolio | 2.7m $241.1m | Added +348.0k |
| CANADA LIFE ASSURANCE Co 0.42% of their portfolio | 2.7m $241.2m | Added +19.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 1.43% of their portfolio | 2.6m $235.1m | Reduced -25.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.13% of their portfolio | 2.6m $235.0m | Reduced -51.7k |
| Raymond James Financial Services Advisors, Inc. 0.31% of their portfolio | 2.6m $233.1m | Reduced -172.0k |
| California Public Employees Retirement System 0.16% of their portfolio | 2.6m $230.4m | Reduced -1.2m |
| RHUMBLINE ADVISERS 0.21% of their portfolio | 2.5m $228.3m | Reduced -103.3k |
| ProShare Advisors LLC 0.53% of their portfolio | 2.4m $215.9m | Added +16.7k |
| DekaBank Deutsche Girozentrale 0.39% of their portfolio | 2.4m $210.0m | Added +45.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.20% of their portfolio | 2.3m $208.0m | Reduced -160.5k |
| USS Investment Management Ltd 1.50% of their portfolio | 2.3m $204.8m | Added +89 |
| FLOSSBACH VON STORCH SE 0.76% of their portfolio | 2.2m $194.8m | Reduced -43.5k |
| AQR CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 2.1m $191.3m | Added +696.5k |
| Caisse de depot et placement du Quebec 0.38% of their portfolio | 2.1m $190.7m | Reduced -78.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 2.1m $189.4m | Reduced -64.4k |
| MAIRS & POWER INC 1.67% of their portfolio | 2.0m $177.3m | Reduced -970.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.17% of their portfolio | 2.0m $176.3m | Added +313.5k |
| ALTRINSIC GLOBAL ADVISORS LLC 7.49% of their portfolio | 2.0m $176.1m | Reduced -56.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.19% of their portfolio | 1.9m $173.8m | Added +76.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.18% of their portfolio | 1.9m $172.1m | Added +18.1k |
| Allianz Asset Management GmbH 0.27% of their portfolio | 1.9m $172.1m | Added +57.1k |
| Sanders Capital, LLC 0.25% of their portfolio | 1.9m $172.0m | Reduced -10.9m |
| FMR LLC 0.01% of their portfolio | 1.8m $165.6m | Added +319.3k |
| THORNBURG INVESTMENT MANAGEMENT INC 2.15% of their portfolio | 1.8m $165.5m | Added +10.7k |
| NEUBERGER BERMAN GROUP LLC 0.13% of their portfolio | 1.8m $161.8m | Added +1.1m |
| Qube Research & Technologies Ltd 0.30% of their portfolio | 1.8m $161.2m | Added +430.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.21% of their portfolio | 1.8m $158.3m | Reduced -228.3k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.51% of their portfolio | 1.6m $147.7m | Added +74.8k |
| Russell Investments Group, Ltd. 0.20% of their portfolio | 1.6m $140.1m | Reduced -742.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.25% of their portfolio | 1.5m $139.0m | Added +445.1k |
| Brandywine Global Investment Management, LLC 0.92% of their portfolio | 1.5m $137.3m | Added +98.6k |
| US BANCORP \DE\ 0.17% of their portfolio | 1.5m $133.7m | Reduced -21.8k |
| EQUITY INVESTMENT CORP 3.05% of their portfolio | 1.5m $131.3m | Added +10.6k |
| HighTower Advisors, LLC 0.19% of their portfolio | 1.5m $131.0m | Added +123.5k |
| Boston Partners 0.15% of their portfolio | 1.4m $128.5m | Added +28.6k |
| Saratoga Research & Investment Management 5.35% of their portfolio | 1.4m $122.1m | Reduced -34.9k |
| TWO SIGMA INVESTMENTS, LP 0.28% of their portfolio | 1.4m $122.0m | Added +1.1m |
| NATIXIS ADVISORS, LLC 0.24% of their portfolio | 1.3m $121.0m | Added +158.3k |
| Thrivent Financial for Lutherans 0.22% of their portfolio | 1.3m $118.2m | Reduced -137.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.18% of their portfolio | 1.3m $118.2m | Added +676.3k |
| Aberdeen Group plc 0.21% of their portfolio | 1.3m $116.3m | Reduced -345.5k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 1.3m $14.4k | Added +1.3m |