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 ($242.1m this quarter). Holder counts are more reliable. Shares outstanding: 1.3bn as of 2025-02-19, 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 ≈ $91.21. Options: 53 managers hold calls ($1.0bn notional), 52 hold puts ($1.0bn).
Trends to Q1 2025
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 |
| Q4 2024 | 2,119 |
| Q1 2025 | 2,169 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 879 | 1,040 |
| Q1 2025 | 1,120 | 925 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $660.2m | $508.2m | 0.77 |
| Q3 2024 | $819.1m | $740.6m | 0.90 |
| Q4 2024 | $586.1m | $631.6m | 1.08 |
| Q1 2025 | $1.0bn | $1.0bn | 0.99 |
Biggest buyers
| Capital Research Global Investors | Added | +8.4m |
| Capital World Investors | New | +5.0m |
| Boston Partners | Added | +3.8m |
| AMERIPRISE FINANCIAL INC | Added | +3.5m |
| JPMORGAN CHASE & CO | Added | +3.2m |
| BlackRock, Inc. | Added | +3.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +3.0m |
| CITADEL ADVISORS LLC | Added | +2.7m |
| BANK OF AMERICA CORP /DE/ | Added | +1.8m |
| Invesco Ltd. | Added | +1.5m |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -8.4m |
| Fisher Asset Management, LLC | Reduced | -5.2m |
| Camber Capital Management LP | Sold out | -2.8m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -2.4m |
| Qube Research & Technologies Ltd | Reduced | -2.1m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.9m |
| FRANKLIN RESOURCES INC | Reduced | -1.8m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.6m |
| 1832 Asset Management L.P. | Reduced | -1.5m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -1.4m |
Biggest calls
| JANE STREET GROUP, LLC | Added | $200.5m2.2m shares |
| CITADEL ADVISORS LLC | Added | $179.2m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $108.6m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $84.1m935.9k shares |
| UBS Group AG | Added | $36.9m410.6k shares |
| ROYAL BANK OF CANADA | New | $35.9m400.0k shares |
| JPMORGAN CHASE & CO | Added | $35.6m396.7k shares |
| BANK OF AMERICA CORP /DE/ | Added | $32.3m359.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $32.2m3.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.2m314.0k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Added | $143.9m1.6m shares |
| CITADEL ADVISORS LLC | Added | $141.1m1.6m shares |
| JANE STREET GROUP, LLC | Added | $124.6m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $123.1m1.4m shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $65.6m7.3k shares |
| BANK OF AMERICA CORP /DE/ | Added | $50.7m564.5k shares |
| JPMORGAN CHASE & CO | Added | $48.2m536.9k shares |
| UBS Group AG | Added | $39.7m442.0k shares |
| Maven Securities LTD | Added | $25.0m278.3k shares |
| SIMPLEX TRADING, LLC | Added | $25.0m278.0k 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 Q1 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.
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $1.9m | $1.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-01-24 | Wall Brett A. EVP & Pres Neuroscience | Sold plan | $1.1m12.4k shares |
| 2025-01-08 | Wall Brett A. EVP & Pres Neuroscience | Sold plan | $792.0k9.8k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 125.0m $11.2bn | Added +810.9k |
| BlackRock, Inc. 0.22% of their portfolio | 117.4m $10.5bn | Added +3.2m |
| STATE STREET CORP 0.22% of their portfolio | 60.0m $5.4bn | Reduced -392.7k |
| Capital Research Global Investors 0.81% of their portfolio | 41.6m $3.7bn | Added +8.4m |
| JPMORGAN CHASE & CO 0.26% of their portfolio | 37.6m $3.4bn | Added +3.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 27.9m $2.5bn | Added +860.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.67% of their portfolio | 22.3m $2.0bn | Added +1.5m |
| BANK OF AMERICA CORP /DE/ 0.18% of their portfolio | 22.2m $2.0bn | Added +1.8m |
| Bank of New York Mellon Corp 0.37% of their portfolio | 20.7m $1.9bn | Added +756.2k |
| MORGAN STANLEY 0.12% of their portfolio | 19.4m $1.7bn | Added +489.5k |
| DEUTSCHE BANK AG\ 0.68% of their portfolio | 19.0m $1.7bn | Added +566.2k |
| Invesco Ltd. 0.29% of their portfolio | 17.0m $1.5bn | Added +1.5m |
| AMERIPRISE FINANCIAL INC 0.38% of their portfolio | 15.5m $1.4bn | Added +3.5m |
| NORGES BANK 0.18% of their portfolio | 14.6m $1.3bn | Added +69.1k |
| FRANKLIN RESOURCES INC 0.38% of their portfolio | 14.5m $1.3bn | Reduced -1.8m |
| NORTHERN TRUST CORP 0.17% of their portfolio | 12.8m $1.2bn | Reduced -12.1k |
| ROYAL BANK OF CANADA 0.25% of their portfolio | 12.6m $1.1bn | Reduced -491.8k |
| RAYMOND JAMES FINANCIAL INC 0.37% of their portfolio | 10.8m $974.0m | Added +163.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 10.1m $903.9m | Added +3.0m |
| First Eagle Investment Management, LLC 1.86% of their portfolio | 9.8m $882.0m | Added +23.4k |
| Legal & General Group Plc 0.23% of their portfolio | 9.3m $833.2m | Added +71.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.20% of their portfolio | 8.8m $789.0m | Reduced -129.4k |
| CITADEL ADVISORS LLC 0.76% of their portfolio | 8.7m $778.3m | Added +2.7m |
| PZENA INVESTMENT MANAGEMENT LLC 2.63% of their portfolio | 8.4m $753.6m | Added +171.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 8.0m $722.6m | Added +39.9k |
| Aristotle Capital Management, LLC 1.39% of their portfolio | 7.8m $698.9m | Reduced -199.4k |
| Dodge & Cox 0.39% of their portfolio | 7.7m $692.7m | Added +47.7k |
| AMERICAN CENTURY COMPANIES INC 0.41% of their portfolio | 7.4m $668.4m | Reduced -1.9m |
| DIMENSIONAL FUND ADVISORS LP 0.16% of their portfolio | 7.2m $647.7m | Added +15.5k |
| Boston Partners 0.75% of their portfolio | 6.9m $619.5m | Added +3.8m |
| WELLS FARGO & COMPANY/MN 0.15% of their portfolio | 6.9m $619.3m | Added +159.9k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 6.8m $613.8m | Added +712.7k |
| ALLIANCEBERNSTEIN L.P. 0.21% of their portfolio | 6.4m $573.7m | Reduced -920.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.87% of their portfolio | 6.2m $559.7m | Reduced -1.4m |
| STIFEL FINANCIAL CORP 0.57% of their portfolio | 5.9m $532.9m | Added +94.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.49% of their portfolio | 5.7m $513.2m | Added +1.4m |
| ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio | 5.3m $473.5m | Added +881.6k |
| Longview Partners (Guernsey) LTD 3.76% of their portfolio | 5.2m $467.1m | Reduced -328.3k |
| UBS Group AG 0.10% of their portfolio | 5.1m $453.9m | Added +139.3k |
| Capital World Investors 0.07% of their portfolio | 5.0m $448.3m | New |
| Beutel, Goodman & Co Ltd. 2.48% of their portfolio | 4.8m $430.6m | Added +70.4k |
| LAZARD ASSET MANAGEMENT LLC 0.64% of their portfolio | 4.7m $419.4m | Reduced -2.4m |
| JANUS HENDERSON GROUP PLC 0.22% of their portfolio | 4.6m $404.9m | Added +743.2k |
| NEUBERGER BERMAN GROUP LLC 0.34% of their portfolio | 4.5m $402.8m | Added +227.9k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.44% of their portfolio | 4.4m $396.8m | Added +885.0k |
| Amundi 0.14% of their portfolio | 4.3m $375.6m | Reduced -610.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 4.0m $356.5m | Reduced -8.4m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.30% of their portfolio | 3.6m $325.5m | Unchanged |
| Swiss National Bank 0.23% of their portfolio | 3.6m $325.0m | Reduced -6.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.31% of their portfolio | 3.5m $304.5m | Added +583.0k |
| AQR CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 3.4m $298.7m | Added +762.6k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.27% of their portfolio | 3.1m $277.0m | Reduced -1.1m |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 3.1m $274.2m | Added +13.0k |
| Nuveen, LLC 0.08% of their portfolio | 2.9m $260.6m | First filing |
| National Pension Service 0.25% of their portfolio | 2.9m $260.5m | Added +173.0k |
| Alyeska Investment Group, L.P. 1.03% of their portfolio | 2.9m $258.2m | Added +1.4m |
| Caisse de depot et placement du Quebec 0.53% of their portfolio | 2.8m $251.6m | Added +582.7k |
| Cullen Capital Management, LLC 2.82% of their portfolio | 2.7m $244.5m | Added +163.3k |
| CANADA LIFE ASSURANCE Co 0.43% of their portfolio | 2.7m $244.6m | Added +54.4k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 1.48% of their portfolio | 2.7m $240.7m | Reduced -127.2k |
| California Public Employees Retirement System 0.17% of their portfolio | 2.7m $239.7m | Reduced -31.2k |
| VAN ECK ASSOCIATES CORP 0.30% of their portfolio | 2.6m $232.6m | Reduced -9.6k |
| Aberdeen Group plc 0.45% of their portfolio | 2.6m $229.3m | Added +1.0m |
| BNP PARIBAS FINANCIAL MARKETS 0.17% of their portfolio | 2.5m $226.3m | First filing |
| M&G PLC 1.08% of their portfolio | 2.5m $226.6m | Reduced -158.3k |
| BARCLAYS PLC 0.10% of their portfolio | 2.5m $222.7m | Reduced -38.5k |
| DekaBank Deutsche Girozentrale 0.42% of their portfolio | 2.5m $214.2m | Added +124.2k |
| MACKENZIE FINANCIAL CORP 0.31% of their portfolio | 2.4m $216.8m | Added +156.8k |
| RHUMBLINE ADVISERS 0.20% of their portfolio | 2.4m $215.8m | Reduced -141.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.19% of their portfolio | 2.3m $211.0m | Added +258.4k |
| FMR LLC 0.01% of their portfolio | 2.3m $210.9m | Added +241.9k |
| BANK OF MONTREAL /CAN/ 0.11% of their portfolio | 2.3m $202.3m | Reduced -293.1k |
| D. E. Shaw & Co., Inc. 0.23% of their portfolio | 2.2m $195.6m | Added +103.2k |
| TRUIST FINANCIAL CORP 0.31% of their portfolio | 2.1m $191.0m | Added +968.6k |
| USS Investment Management Ltd 1.45% of their portfolio | 2.1m $190.7m | Reduced -127.1k |
| Burgundy Asset Management Ltd. 1.97% of their portfolio | 2.1m $189.8m | Reduced -70.1k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.97% of their portfolio | 2.1m $189.0m | Added +228.3k |
| ProShare Advisors LLC 0.43% of their portfolio | 2.1m $188.5m | Reduced -171.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 2.1m $186.8m | Reduced -7.6k |
| Allianz Asset Management GmbH 0.27% of their portfolio | 2.1m $184.9m | Reduced -237.3k |
| THORNBURG INVESTMENT MANAGEMENT INC 2.42% of their portfolio | 1.9m $1.7bn | Reduced -2.4k |
| NATIXIS ADVISORS, LLC 0.31% of their portfolio | 1.9m $167.7m | Added +442.6k |
| 1832 Asset Management L.P. 0.32% of their portfolio | 1.9m $167.1m | Reduced -1.5m |
| NORDEA INVESTMENT MANAGEMENT AB 0.17% of their portfolio | 1.8m $164.0m | Reduced -980.6k |
| ALTRINSIC GLOBAL ADVISORS LLC 8.07% of their portfolio | 1.8m $163.6m | Reduced -107.5k |
| CITIGROUP INC 0.12% of their portfolio | 1.8m $162.3m | Added +676.9k |
| Russell Investments Group, Ltd. 0.22% of their portfolio | 1.8m $158.2m | Added +120.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 1.7m $156.2m | Reduced -180.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.29% of their portfolio | 1.7m $155.1m | Added +70.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.31% of their portfolio | 1.7m $154.4m | Reduced -33.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.21% of their portfolio | 1.6m $144.3m | Reduced -136.7k |
| HighTower Advisors, LLC 0.18% of their portfolio | 1.5m $134.2m | Added +53.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 1.5m $131.4m | Added +715.3k |
| EQUITY INVESTMENT CORP 2.93% of their portfolio | 1.5m $130.9m | Reduced -5.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 1.4m $129.0m | Reduced -7.5k |
| US BANCORP \DE\ 0.17% of their portfolio | 1.4m $125.8m | Reduced -23.0k |
| FLOSSBACH VON STORCH SE 0.54% of their portfolio | 1.4m $125.3m | Reduced -676.4k |
| Lazard Freres Gestion S.A.S. 3.02% of their portfolio | 1.4m $124.1m | Reduced -149.8k |
| Qube Research & Technologies Ltd 0.19% of their portfolio | 1.4m $121.6m | Reduced -2.1m |
| CRAWFORD INVESTMENT COUNSEL INC 2.13% of their portfolio | 1.3m $120.1m | Added +113.5k |