Medtronic

MDT • NYSE

Medtronic is a medical - devices company in the healthcare sector on NYSE, led by Geoffrey S. Martha, with a market cap of $127.88B. As of Q3 2025, 84% of shares are held by 2,111 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.91%.

Chief Executive OfficerGeoffrey S. Martha

Market Cap$127.88B

Medical - Devices

Healthcare

Employees95.0K

Websitemedtronic.com

Country

United States of America

Overview

Overview of institutional ownership in MDT as of Q3 2025 with a market cap of $122.16B

All Institutions

Institutions: 2,111
Value Held: $102.03B
Shares Held: 1.07B
Avg Position: $48.3M
Median Position: $1.2M

Hedge Funds

Hedge Funds: 75
Value Held: $2.1B
Shares Held: 22.4M
Avg Position: $28.5M
Median Position: $2.4M

Ownership Breakdown

Institutional (non-HF)

81.77%

$99.9B

Hedge Funds

1.75%

$2.1B

Retail & Other

16.48%

$20.1B

Based on market cap of $122.16B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MDT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$12.1B 0.18% of portfolio	9.91% 127.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$11.4B 0.20% of portfolio	9.32% 119.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$5.8B 0.20% of portfolio	4.71% 60.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$5.0B 0.32% of portfolio	4.07% 52.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$2.9B 0.55% of portfolio	2.39% 30.7M shares	Q4 2016 Held for 8y 11m	$532.36B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.6B 0.17% of portfolio	2.16% 27.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$2.3B 0.17% of portfolio	1.89% 24.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
Bank of New York Mellon Corp Institution	Robin Vince CEO	$2.0B 0.37% of portfolio	1.67% 21.5M shares	≤ Q2 2013 Held for 12y 5m+	$556.34B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$2.0B 0.62% of portfolio	1.64% 21.1M shares	≤ Q2 2013 Held for 12y 5m+	$322.72B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.9B 0.12% of portfolio	1.58% 20.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for MDT in Q3 2025

Traded: +$692.8M
Buyers: 1,070
Sellers: 922
Total Bought: +$6.8B
Total Sold: −$6.1B
Avg Position: $45.7M

Biggest Buyers

Institution	Net Bought	Current Position
JPMORGAN CHASE & CO Institution	+$1.6B +17.1M shares	$5.0B 52.2M shares
UBS Group AG Institution	+$522.8M +5.5M shares	$1.1B 11.2M shares
BARCLAYS PLC Institution	+$332.6M +3.5M shares	$650.6M 6.8M shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	+$315.0M +3.3M shares	$717.1M 7.5M shares
R ROYAL BANK OF CANADA Institution	+$295.1M +3.1M shares	$1.4B 14.2M shares
G Guinness Asset Management LTD Institution	+$275.6M +2.9M shares	$275.6M 2.9M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$253.2M +2.7M shares	$970.5M 10.2M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$222.3M +2.3M shares	$754.4M 7.9M shares
BANK OF AMERICA CORP /DE/ Institution	+$197.7M +2.1M shares	$2.3B 24.2M shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	+$178.1M +1.9M shares	$485.9M 5.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
GOLDMAN SACHS GROUP INC Institution	−$902.7M −9.5M shares	$777.6M 8.2M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$580.5M −6.1M shares	$352.5M 3.7M shares
Capital Research Global Investors RIA/Wealth	−$539.7M −5.7M shares	$2.9B 30.7M shares
PZENA INVESTMENT MANAGEMENT LLC Long Only Manager	−$278.8M −2.9M shares	$564.6M 5.9M shares
B BlackRock, Inc. Institution	−$274.3M −2.9M shares	$11.4B 119.6M shares
AMERIPRISE FINANCIAL INC Institution	−$196.5M −2.1M shares	$1.2B 12.5M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$161.8M −1.7M shares	$822.3M 8.6M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$146.2M −1.5M shares	$94.5M 992.3K shares
Invesco Ltd. ETF Provider	−$137.4M −1.4M shares	$1.5B 16.2M shares
D D. E. Shaw & Co., Inc. Institution	−$128.3M −1.3M shares	$100.3M 1.1M shares

Entry and Exit Activity

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

New Positions: 66
New Value: $381.3M
Exited Positions: 124
Exited Value: $392.0M

New Positions

Institution	Position Value
G Guinness Asset Management LTD Institution	$275.6M 2.9M shares
S SEVEN GRAND MANAGERS, LLC Hedge Fund•Multi-Strategy	$38.1M 400.0K shares
N Nearwater Capital Markets, Ltd Institution	$33.3M 350.0K shares
G Guinness Atkinson Asset Management Inc Institution	$7.3M 77.7K shares
T Triasima Portfolio Management inc. Long Only Manager	$2.7M 28.2K shares
LEE JOHNSON CAPITAL MANAGEMENT, LLC RIA/Wealth	$2.6M 27.3K shares
Drake & Associates, LLC RIA/Wealth	$2.5M 27.9K shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	$2.5M 25.8K shares
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth	$1.9M 24.3K shares
Uniplan Investment Counsel, Inc. RIA/Wealth	$1.3M 14.0K shares

Exited Positions

Institution	Previous Position
A AXA Institution	$54.6M 626.2K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$37.7M 432.5K shares
Polar Securities Inc. Hedge Fund•Multi-Strategy	$30.0M 343.9K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$28.0M 320.7K shares
H HRT FINANCIAL LLC Institution	$18.9M 216.4K shares
M Mizuho Markets Cayman LP Institution	$18.1M 207.5K shares
Vestal Point Capital, LP Hedge Fund•Long/Short	$17.0M 195.0K shares
T Tredje AP-fonden Institution	$14.2M 162.7K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$13.7M 157.3K shares
BERKLEY W R CORP Institution	$12.2M 140.5K shares

Options Activity

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

Call Positions: 51
Call Value: $859.5M
Put Positions: 42
Put Value: $608.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$195.6M 20.5K contracts
J JANE STREET GROUP, LLC Institution	$181.9M 19.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$81.1M 8.5K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$76.5M 8.0K contracts
BANK OF AMERICA CORP /DE/ Institution	$35.9M 3.8K contracts
P PEAK6 LLC Institution	$29.4M 3.1K contracts
W WOLVERINE TRADING, LLC Institution	$28.5M 3.0K contracts
Walleye Trading LLC RIA/Wealth	$27.9M 2.9K contracts
D D. E. Shaw & Co., Inc. Institution	$25.8M 2.7K contracts
UBS Group AG Institution	$24.7M 2.6K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$164.4M 17.3K contracts
J JANE STREET GROUP, LLC Institution	$97.0M 10.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$69.7M 7.3K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$28.5M 30.0 contracts
CITIGROUP INC Institution	$28.1M 3.0K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$27.3M 2.9K contracts
UBS Group AG Institution	$23.8M 2.5K contracts
BANK OF AMERICA CORP /DE/ Institution	$22.2M 2.3K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$19.1M 2.0K contracts
Q Qube Research & Technologies Ltd Institution	$16.8M 1.8K contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
BOONE CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Daniel Walter Boone President	13.39% $40.8M	0.03% 428.8K shares	Q1 2025 Held for 8 months	$305.0M
N Nekton Capital Ltd. Institution	-	10.42% $5.1M	0.00% 54.0K shares	Q3 2025 Held for 2 months	$49.4M
ALTRINSIC GLOBAL ADVISORS LLC Long Only Manager	John Douglas Hock CEO	9.17% $247.9M	0.20% 2.6M shares	Q1 2015 Held for 10y 8m	$2.7B
T Talaria Asset Management Pty Ltd Institution	-	8.52% $47.4M	0.04% 497.5K shares	Q4 2024 Held for 11 months	$555.8M
S SECTOR GAMMA AS Institution	-	7.17% $28.9M	0.02% 303.4K shares	Q2 2020 Held for 5y 5m	$403.3M
Iron Triangle Partners LP Hedge Fund•Long/Short	Michael John O'Brien CFO	6.14% $43.2M	0.04% 453.3K shares	Q2 2025 Held for 5 months	$703.3M
Saratoga Research & Investment Management Long Only Manager	Kevin Peter Tanner CEO	6.05% $111.5M	0.09% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.8B
Financial Perspectives, Inc RIA/Wealth	David William Dugan President	5.73% $20.7M	0.02% 216.9K shares	Q4 2019 Held for 5y 11m	$360.4M
E EDENTREE ASSET MANAGEMENT Ltd Institution	-	5.66% $23.5M	0.02% 246.7K shares	Q2 2023 Held for 2y 5m	$414.8M
B Banque de Luxembourg S.A. Institution	-	5.28% $10.2M	0.01% 107.2K shares	Q4 2024 Held for 11 months	$193.4M

Hedge Fund Spotlight

Discover hedge funds investing in MDT

Quinn Opportunity Partners LLC

Hedge Fund • Event Driven

Portfolio ManagerPatrick Farley Quinn

Portfolio Value: $1.4B
Positions: 319
Last Reported: Q3 2025

Sector Allocation

Position in Medtronic

Market Value: $1.7M
Shares Held: 18.0K
Portfolio Weight: 0.13%
Owned Since: 2024-Q1

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