Edwards Lifesciences

EW • NYSE

Edwards Lifesciences is a medical - devices company in the healthcare sector on NYSE, led by Bernard J. Zovighian, with a market cap of $48.2B. As of Q3 2025, 83% of shares are held by 1,207 institutional investors, with VANGUARD GROUP INC as the largest holder at 11.98%.

Chief Executive OfficerBernard J. Zovighian

Market Cap$48.2B

Medical - Devices

Healthcare

Employees19.8K

Websiteedwards.com

Country

United States of America

Overview

Overview of institutional ownership in EW as of Q3 2025 with a market cap of $45.7B

All Institutions

Institutions: 1,207
Value Held: $38.0B
Shares Held: 488.7M
Avg Position: $31.5M
Median Position: $802.5K

Hedge Funds

Hedge Funds: 69
Value Held: $2.2B
Shares Held: 28.1M
Avg Position: $31.7M
Median Position: $3.3M

Ownership Breakdown

Institutional (non-HF)

78.4%

$35.8B

Hedge Funds

4.79%

$2.2B

Retail & Other

16.81%

$7.7B

Based on market cap of $45.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EW as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.5B 0.08% of portfolio	11.98% 70.4M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$4.2B 0.07% of portfolio	9.25% 54.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.0B 0.07% of portfolio	4.36% 25.6M shares	Q4 2015 Held for 9y 11m	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.9B 0.12% of portfolio	4.27% 25.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$1.6B 0.28% of portfolio	3.54% 20.8M shares	≤ Q2 2013 Held for 12y 5m+	$571.21B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$1.5B 0.27% of portfolio	3.24% 19.0M shares	≤ Q2 2013 Held for 12y 5m+	$556.34B
FMR LLC Institution	-	$1.1B 0.06% of portfolio	2.48% 14.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
JENNISON ASSOCIATES LLC Long Only Manager	Jeffrey Todd Becker CEO	$1.1B 0.63% of portfolio	2.38% 14.0M shares	Q4 2024 Held for 11 months	$171.73B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$993.5M 0.06% of portfolio	2.19% 12.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	-	$718.6M 0.65% of portfolio	1.57% 9.2M shares	Q4 2016 Held for 8y 11m	$110.03B

Net Capital Flow

Institutional buying and selling activity for EW in Q3 2025

Traded: −$210.7M
Buyers: 536
Sellers: 537
Total Bought: +$3.2B
Total Sold: −$3.4B
Avg Position: $28.9M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$937.2M +12.1M shares	$1.1B 14.6M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$319.5M +4.1M shares	$434.3M 5.6M shares
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	+$238.7M +3.1M shares	$238.7M 3.1M shares
JENNISON ASSOCIATES LLC Long Only Manager	+$177.9M +2.3M shares	$1.1B 14.0M shares
Bank of New York Mellon Corp Institution	+$110.7M +1.4M shares	$1.5B 19.0M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$86.0M +1.1M shares	$161.1M 2.1M shares
J JANE STREET GROUP, LLC Institution	+$78.5M +1.0M shares	$121.4M 1.6M shares
A Allianz Asset Management AG Institution	+$77.7M +998.9K shares	$136.0M 1.7M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$76.1M +977.9K shares	$1.6B 20.8M shares
I Investec Asset Management LTD Long Only Manager	+$75.4M +969.0K shares	$615.0M 7.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$660.8M −8.5M shares	$329.3M 4.2M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$381.3M −4.9M shares	$138.4M 1.8M shares
Marshall Wace LLP Institution	−$258.9M −3.3M shares	$277.4M 3.6M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$179.4M −2.3M shares	$56.9M 732.1K shares
JPMORGAN CHASE & CO Institution	−$133.4M −1.7M shares	$1.9B 25.1M shares
O Ownership Capital B.V. Institution	−$124.0M −1.6M shares	$14.9M 191.2K shares
B BlackRock, Inc. Institution	−$105.2M −1.4M shares	$4.2B 54.3M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$81.4M −1.0M shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$76.6M −985.2K shares	$506.2M 6.5M shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	−$70.1M −901.1K shares	$7.9M 101.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited EW in Q3 2025

New Positions: 41
New Value: $27.4M
Exited Positions: 108
Exited Value: $481.5M

New Positions

Institution	Position Value
Advocacy Wealth Management Services, LLC RIA/Wealth	$10.5M 135.6K shares
Covea Finance Private Equity	$6.3M 81.1K shares
Morningstar Investment Management LLC Long Only Manager	$1.8M 23.1K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$1.7M 22.4K shares
Maridea Wealth Management LLC RIA/Wealth	$908.8K 12.1K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$753.9K 9.7K shares
P Perbak Capital Partners LLP Institution	$640.7K 8.2K shares
G Generali Investments, Management Co LLC Institution	$587.9K 7.6K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$494.1K 6.0K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	$381.9K 4.9K shares

Exited Positions

Institution	Previous Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$81.4M 1.0M shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$61.9M 790.9K shares
A AustralianSuper Pty Ltd Institution	$43.7M 559.1K shares
Z Zurich Insurance Group Ltd/FI Institution	$35.8M 458.2K shares
Hawk Ridge Management LLC Hedge Fund•Long/Short	$33.6M 429.1K shares
NINE MASTS CAPITAL Ltd Institution	$31.3M 400.0K shares
Catalio Capital Management, LP Venture Capital	$30.6M 390.9K shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	$26.3M 336.5K shares
Vestal Point Capital, LP Hedge Fund•Long/Short	$23.5M 300.0K shares
Polar Securities Inc. Hedge Fund•Multi-Strategy	$17.2M 220.2K shares

Options Activity

Institutions with the largest Call and Put options positions in EW as of Q3 2025

Call Positions: 30
Call Value: $268.3M
Put Positions: 32
Put Value: $308.8M

Call Positions

Institution	Position Value
L Longaeva Partners L.P. Institution	$65.7M 8.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$39.2M 5.0K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$32.7M 4.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$25.1M 3.2K contracts
UBS Group AG Institution	$18.5M 2.4K contracts
J JANE STREET GROUP, LLC Institution	$17.9M 2.3K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$12.6M 1.6K contracts
N NOMURA HOLDINGS INC Institution	$11.7M 1.5K contracts
W WOLVERINE TRADING, LLC Institution	$8.9M 1.1K contracts
Walleye Trading LLC RIA/Wealth	$5.3M 683.0 contracts

Put Positions

Institution	Position Value
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	$140.0M 18.0K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$44.0M 5.7K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$28.2M 3.6K contracts
UBS Group AG Institution	$12.4M 1.6K contracts
P PEAK6 LLC Institution	$9.8M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.7M 1.2K contracts
N NOMURA HOLDINGS INC Institution	$7.8M 1.0K contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$7.3M 939.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$6.8M 878.0 contracts
J JANE STREET GROUP, LLC Institution	$6.4M 827.0 contracts

Most Committed Institutions

Institutions with EW as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
O Ownership Capital B.V. Institution	-	8.37% $14.9M	0.03% 191.2K shares	Q3 2020 Held for 5y 2m	$177.7M
A AMIRAL GESTION Institution	-	7.99% $22.0M	0.05% 282.8K shares	Q2 2025 Held for 5 months	$275.2M
2 2Xideas AG Institution	-	7.99% $37.8M	0.08% 486.3K shares	Q4 2020 Held for 4y 11m	$473.6M
S Seilern Investment Management Ltd Institution	-	5.93% $82.1M	0.18% 1.1M shares	Q4 2024 Held for 11 months	$1.4B
L Longaeva Partners L.P. Institution	-	4.15% $19.4M	0.04% 249.5K shares	Q2 2025 Held for 5 months	$467.6M
W WELLCOME TRUST LTD as trustee of the WELLCOME TRUST Institution	-	4.06% $373.3M	0.82% 4.8M shares	Q3 2022 Held for 3y 2m	$9.2B
Haven Capital Group, Inc. RIA/Wealth	Kristin Wyman Horton President	3.62% $3.8M	0.01% 49.1K shares	Q4 2024 Held for 11 months	$105.5M
ORBIMED ADVISORS LLC Hedge Fund•Sector	Sam Block Iii CFO	3.18% $131.0M	0.29% 1.7M shares	Q4 2024 Held for 11 months	$4.1B
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Mark Elliot Kingdon CEO	3.06% $19.6M	0.04% 251.4K shares	Q2 2025 Held for 5 months	$638.2M
W WILSON ASSET MANAGEMENT PTY LTD Institution	-	2.88% $11.7M	0.03% 149.8K shares	Q4 2022 Held for 2y 11m	$404.2M

Hedge Fund Spotlight

Discover hedge funds investing in EW

KINGDON CAPITAL MANAGEMENT, L.L.C.

Hedge Fund • Long/Short

Portfolio ManagerMark Elliot Kingdon

Portfolio Value: $638.2M
Positions: 64
Last Reported: Q3 2025

Sector Allocation

Position in Edwards Lifesciences

Market Value: $19.6M
Shares Held: 251.4K
Portfolio Weight: 3.06%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Syndax Pharmaceuticals SNDX	Biotechnology Healthcare	$38.5M	6.03%
2 Nvidia NVDA	Semiconductors Technology	$21.9M	3.44%
3 Molina Healthcare MOH	Medical - Healthcare Plans Healthcare	$21.1M	3.30%