Top Sellers and Buyers of Thermo Fisher Scientific Inc.: Recent 13F Filing.
Thermo Fisher Scientific Inc., a key player in the Healthcare sector, is dedicated to serving science through its three segments: Analytical Technologies, Specialty Diagnostics, and Laboratory Products and Services.
The company operates under three brands: Thermo Scientific (technology), Fisher Scientific (channels), and Unity Lab Services (providing enterprise services for instruments and lab equipment).
Thermo Fisher is constantly expanding, as evidenced by the opening of a demonstration lab and training center in Seoul, South Korea, in April 2012. Additionally, it made several acquisitions in 2012, including Doe & Ingalls Management, LLC and One Lambda, Inc.
In September 2012, it also established a Molecular Biology Center of Excellence in Vilnius, Lithuania. However, in October 2012, it divested its Laboratory Workstations business to OpenGate Capital, LLC.
The forthcoming report utilizes data sourced from Radient Analytics. Let's delve into key changes that happened for Thermo Fisher Scientific Inc., breaking down the 13F filings of its top buyers and sellers.
The recent March 2023 filing reveals significant shifts among the key stakeholders of Thermo Fisher Scientific.
Ranked by current value, the top buyers are:
Vanguard Group Inc. tops the list of the largest buyers with an investment value of $18.8 billion. The company saw a marginal rise in its shares by 0.18%. Followed by BlackRock Inc., who, with an investment worth $18.1 billion, moderately hiked their shares by 2.06% and subsequently lifted their value by 6.82%.
Meanwhile, Pictet North America Advisors SA increased their shares by 56.54%, contributing to a 63.84% increase in value, with the current value standing at $7 billion. Geode Capital Management, LLC, with an investment of $4 billion, has moderately increased its shares by 1.54%, leading to a 6.22% increase in value.
JPMorgan Chase & Co., with a 3.91% increase in their shares, has seen an 8.75% growth in value, putting their total investment at $3.1 billion. Royal Bank of Canada, with a stake worth $1.7 billion, increased its shares by 7.92%, which led to a 12.96% surge in value.
A noteworthy mention is OZ Management LP, which, with an investment of $1.2 billion, expanded its stake by 4.30%, resulting in a value increase of 991.63%.
Other significant players include:
Among hedge funds, several top sellers, significantly reduce their stake or completely sell their shares.
Here are the top sellers, listed in order of the most notable decreases in the value of their holdings:
Marshall Wace, LLP, and First Trust Advisors LP saw massive reductions in their shareholdings.
Amundi also saw a reduction in its shares by 10.01%, leading to a 10.28% drop in portfolio value to $1.63B.
Similarly, Clearbridge Investments, LLC saw a 14.15% decrease in shares, which contributed to a 10.15% decrease in value to $1.03B.
Other notable sales include:
The following firms have completely divested its holdings from the security: