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 ($197.6m this quarter). Holder counts are more reliable. Shares outstanding: 1.3bn as of 2025-06-17, 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 ≈ $87.27. Options: 53 managers hold calls ($1.0bn notional), 46 hold puts ($869.9m).
Trends to Q2 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 |
| Q2 2025 | 2,141 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 992 | 1,023 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $819.1m | $740.6m | 0.90 |
| Q4 2024 | $586.1m | $631.6m | 1.08 |
| Q1 2025 | $1.0bn | $1.0bn | 0.99 |
| Q2 2025 | $1.0bn | $869.9m | 0.84 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +10.8m |
| ROYAL BANK OF CANADA | Added | +9.7m |
| BlackRock, Inc. | Added | +5.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +3.1m |
| Balyasny Asset Management L.P. | Added | +1.9m |
| VANGUARD GROUP INC | Added | +1.9m |
| NORGES BANK | Added | +1.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.6m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +1.3m |
Biggest sellers
| Capital Research Global Investors | Reduced | -5.2m |
| Longview Partners (Guernsey) LTD | Sold out | -5.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -4.0m |
| FRANKLIN RESOURCES INC | Reduced | -2.7m |
| JPMORGAN CHASE & CO | Reduced | -2.6m |
| Alyeska Investment Group, L.P. | Reduced | -2.3m |
| Caisse de depot et placement du Quebec | Reduced | -2.1m |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Reduced | -1.8m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $229.0m2.6m shares |
| JANE STREET GROUP, LLC | Reduced | $170.6m2.0m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $144.4m1.7m shares |
| CITADEL ADVISORS LLC | Reduced | $115.1m1.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $60.5m694.1k shares |
| SIMPLEX TRADING, LLC | Added | $42.3m485.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $29.9m3.4k shares |
| UBS Group AG | Reduced | $24.0m274.9k shares |
| PEAK6 LLC | Added | $21.3m243.8k shares |
| WOLVERINE TRADING, LLC | Added | $21.2m245.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $246.3m2.8m shares |
| JANE STREET GROUP, LLC | Reduced | $105.0m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $68.9m790.7k shares |
| CITADEL ADVISORS LLC | Reduced | $64.2m736.1k shares |
| WELLS FARGO & COMPANY/MN | Added | $34.9m400.4k shares |
| Qube Research & Technologies Ltd | Added | $33.4m383.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $25.1m2.9k shares |
| CITIGROUP INC | Added | $24.8m285.0k shares |
| PEAK6 LLC | Added | $20.2m231.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $18.6m213.9k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.18% of their portfolio | 126.9m $11.1bn | Added +1.9m |
| BlackRock, Inc. 0.20% of their portfolio | 122.4m $10.7bn | Added +5.1m |
| STATE STREET CORP 0.20% of their portfolio | 59.8m $5.3bn | Reduced -210.2k |
| Capital Research Global Investors 0.63% of their portfolio | 36.4m $3.2bn | Reduced -5.2m |
| JPMORGAN CHASE & CO 0.21% of their portfolio | 35.1m $3.1bn | Reduced -2.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 28.2m $2.4bn | Added +310.7k |
| ROYAL BANK OF CANADA 0.19% of their portfolio | 22.3m $1.9bn | Added +9.7m |
| BANK OF AMERICA CORP /DE/ 0.16% of their portfolio | 22.2m $1.9bn | Reduced -28.2k |
| Bank of New York Mellon Corp 0.35% of their portfolio | 21.3m $1.9bn | Added +595.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.58% of their portfolio | 21.0m $1.8bn | Reduced -1.3m |
| MORGAN STANLEY 0.11% of their portfolio | 19.0m $1.7bn | Reduced -403.3k |
| DEUTSCHE BANK AG\ 0.61% of their portfolio | 19.0m $1.7bn | Reduced -17.5k |
| Invesco Ltd. 0.26% of their portfolio | 17.6m $1.5bn | Added +666.6k |
| GOLDMAN SACHS GROUP INC 0.25% of their portfolio | 17.6m $1.5bn | Added +10.8m |
| NORGES BANK 0.18% of their portfolio | 16.4m $1.4bn | Added +1.8m |
| AMERIPRISE FINANCIAL INC 0.31% of their portfolio | 14.6m $1.3bn | Reduced -883.3k |
| NORTHERN TRUST CORP 0.15% of their portfolio | 12.2m $1.1bn | Reduced -609.6k |
| FRANKLIN RESOURCES INC 0.27% of their portfolio | 11.8m $1.0bn | Reduced -2.7m |
| RAYMOND JAMES FINANCIAL INC 0.33% of their portfolio | 10.9m $948.1m | Added +37.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.18% of their portfolio | 10.3m $900.7m | Added +1.6m |
| CITADEL ADVISORS LLC 0.74% of their portfolio | 9.8m $854.0m | Added +1.1m |
| First Eagle Investment Management, LLC 1.70% of their portfolio | 9.7m $848.4m | Reduced -83.4k |
| PZENA INVESTMENT MANAGEMENT LLC 2.51% of their portfolio | 8.9m $771.9m | Added +469.1k |
| Legal & General Group Plc 0.19% of their portfolio | 8.7m $754.6m | Reduced -616.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio | 8.2m $711.3m | Added +118.3k |
| Dodge & Cox 0.38% of their portfolio | 7.7m $674.7m | Added +31.6k |
| Aristotle Capital Management, LLC 1.29% of their portfolio | 7.7m $669.9m | Reduced -92.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.12% of their portfolio | 7.5m $656.4m | Added +3.6m |
| DIMENSIONAL FUND ADVISORS LP 0.15% of their portfolio | 7.2m $629.8m | Added +16.4k |
| Boston Partners 0.67% of their portfolio | 7.0m $607.3m | Added +46.9k |
| WELLS FARGO & COMPANY/MN 0.13% of their portfolio | 6.9m $598.6m | Reduced -25.0k |
| AMERICAN CENTURY COMPANIES INC 0.30% of their portfolio | 6.4m $554.1m | Reduced -1.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.48% of their portfolio | 6.2m $536.6m | Added +445.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 6.0m $527.1m | Reduced -4.0m |
| STIFEL FINANCIAL CORP 0.51% of their portfolio | 6.0m $520.6m | Added +41.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.68% of their portfolio | 5.9m $517.1m | Reduced -296.4k |
| UBS Group AG 0.10% of their portfolio | 5.7m $498.0m | Added +662.2k |
| ALLIANCEBERNSTEIN L.P. 0.16% of their portfolio | 5.6m $487.1m | Reduced -797.0k |
| Capital World Investors 0.07% of their portfolio | 5.5m $481.0m | Added +528.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio | 5.4m $472.6m | Added +152.8k |
| Amundi 0.15% of their portfolio | 5.1m $448.2m | Added +803.6k |
| LAZARD ASSET MANAGEMENT LLC 0.61% of their portfolio | 5.0m $439.7m | Added +377.1k |
| Beutel, Goodman & Co Ltd. 2.44% of their portfolio | 4.9m $427.8m | Added +115.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.29% of their portfolio | 4.4m $383.4m | Reduced -16.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.31% of their portfolio | 4.2m $368.1m | Added +747.2k |
| MILLENNIUM MANAGEMENT LLC 0.31% of their portfolio | 4.0m $350.6m | Added +3.1m |
| Swiss National Bank 0.20% of their portfolio | 3.9m $338.4m | Added +265.8k |
| JANUS HENDERSON GROUP PLC 0.16% of their portfolio | 3.8m $329.2m | Reduced -844.1k |
| NEUBERGER BERMAN GROUP LLC 0.24% of their portfolio | 3.7m $318.2m | Reduced -827.3k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.28% of their portfolio | 3.6m $315.7m | Unchanged |
| BARCLAYS PLC 0.12% of their portfolio | 3.3m $291.1m | Added +860.6k |
| California Public Employees Retirement System 0.18% of their portfolio | 3.2m $281.6m | Added +563.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.17% of their portfolio | 3.2m $280.6m | Added +167.7k |
| M&G PLC 1.47% of their portfolio | 3.1m $267.3m | Added +554.6k |
| Nuveen, LLC 0.07% of their portfolio | 3.0m $262.7m | Added +113.4k |
| CANADA LIFE ASSURANCE Co 0.42% of their portfolio | 3.0m $263.1m | Added +295.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.18% of their portfolio | 2.9m $255.8m | Reduced -148.5k |
| National Pension Service 0.22% of their portfolio | 2.9m $252.0m | Reduced -8.5k |
| Cullen Capital Management, LLC 2.68% of their portfolio | 2.7m $235.5m | Reduced -19.5k |
| ALTRINSIC GLOBAL ADVISORS LLC 8.48% of their portfolio | 2.7m $234.3m | Added +868.3k |
| Aberdeen Group plc 0.38% of their portfolio | 2.6m $225.8m | Added +27.5k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 1.30% of their portfolio | 2.6m $226.4m | Reduced -80.7k |
| VAN ECK ASSOCIATES CORP 0.26% of their portfolio | 2.6m $225.8m | Added +1.6k |
| Balyasny Asset Management L.P. 0.50% of their portfolio | 2.5m $220.3m | Added +1.9m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.18% of their portfolio | 2.5m $219.6m | Added +170.8k |
| D. E. Shaw & Co., Inc. 0.21% of their portfolio | 2.4m $209.2m | Added +223.9k |
| NATIXIS ADVISORS, LLC 0.33% of their portfolio | 2.4m $207.2m | Added +511.5k |
| RHUMBLINE ADVISERS 0.18% of their portfolio | 2.4m $205.9m | Reduced -39.3k |
| DekaBank Deutsche Girozentrale 0.36% of their portfolio | 2.4m $203.3m | Reduced -124.2k |
| TRUIST FINANCIAL CORP 0.29% of their portfolio | 2.2m $195.4m | Added +116.5k |
| BANK OF MONTREAL /CAN/ 0.10% of their portfolio | 2.2m $194.5m | Reduced -19.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.15% of their portfolio | 2.2m $194.0m | Reduced -293.2k |
| Burgundy Asset Management Ltd. 1.88% of their portfolio | 2.2m $193.4m | Added +105.8k |
| ProShare Advisors LLC 0.37% of their portfolio | 2.1m $186.5m | Added +40.9k |
| USS Investment Management Ltd 1.16% of their portfolio | 2.1m $185.2m | Added +2.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 2.1m $183.1m | Added +22.5k |
| MACKENZIE FINANCIAL CORP 0.23% of their portfolio | 2.0m $173.9m | Reduced -416.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 2.0m $173.0m | Added +245.1k |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 2.0m $172.5m | Reduced -1.4m |
| CITIGROUP INC 0.12% of their portfolio | 1.9m $167.7m | Added +118.2k |
| THORNBURG INVESTMENT MANAGEMENT INC 2.16% of their portfolio | 1.9m $167.6m | Unchanged |
| 1832 Asset Management L.P. 0.29% of their portfolio | 1.9m $164.3m | Added +24.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.27% of their portfolio | 1.8m $157.3m | Added +78.5k |
| Russell Investments Group, Ltd. 0.20% of their portfolio | 1.8m $154.7m | Added +13.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.25% of their portfolio | 1.6m $141.3m | Reduced -96.3k |
| FMR LLC 0.01% of their portfolio | 1.6m $141.3m | Reduced -725.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.19% of their portfolio | 1.6m $139.1m | Reduced -10.2k |
| Allianz Asset Management GmbH 0.18% of their portfolio | 1.6m $135.2m | Reduced -507.4k |
| EQUITY INVESTMENT CORP 2.86% of their portfolio | 1.5m $130.6m | Added +41.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 1.5m $130.3m | Added +1.1m |
| HighTower Advisors, LLC 0.16% of their portfolio | 1.5m $129.8m | Reduced -3.6k |
| Lazard Freres Gestion S.A.S. 2.62% of their portfolio | 1.4m $125.5m | Added +58.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 1.4m $123.2m | Reduced -21.8k |
| LPL Financial LLC 0.04% of their portfolio | 1.4m $121.3m | Added +110.9k |
| BESSEMER GROUP INC 0.19% of their portfolio | 1.4m $118.8m | Added +326.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.24% of their portfolio | 1.4m $118.7m | Added +1.3m |
| CRAWFORD INVESTMENT COUNSEL INC 2.05% of their portfolio | 1.3m $117.1m | Added +6.4k |
| FLOSSBACH VON STORCH SE 0.48% of their portfolio | 1.3m $116.9m | Reduced -53.5k |
| US BANCORP \DE\ 0.14% of their portfolio | 1.3m $113.5m | Reduced -97.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 1.3m $110.5m | Reduced -569.4k |