Orthofix Medical Inc.

OFIX • NASDAQ

Orthofix Medical Inc. is a medical - devices company in the healthcare sector on NASDAQ, led by Massimo Calafiore, with a market cap of $613.4M. As of Q3 2025, 89% of shares are held by 140 institutional investors, with Engine Capital Management, LLC as the largest holder at 10.77%.

President and Chief Executive OfficerMassimo Calafiore

Market Cap$613.4M

Medical - Devices

Healthcare

Employees1.6K

Websiteorthofix.com

Country

United States of America

Overview

Overview of institutional ownership in OFIX as of Q3 2025 with a market cap of $578.2M

All Institutions

Institutions: 140
Value Held: $515.2M
Shares Held: 35.2M
Avg Position: $3.7M
Median Position: $395.5K

Hedge Funds

Hedge Funds: 21
Value Held: $242.7M
Shares Held: 16.6M
Avg Position: $11.6M
Median Position: $1.2M

Ownership Breakdown

Institutional (non-HF)

47.13%

$272.5M

Hedge Funds

41.97%

$242.7M

Retail & Other

10.9%

$63.0M

Based on market cap of $578.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in OFIX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Engine Capital Management, LLC Hedge Fund•Event Driven	Marc Stephen Diagonale CFO	$62.3M 7.39% of portfolio	10.77% 4.3M shares	Q4 2023 Held for 1y 11m	$842.2M
R Rubric Capital Management LP Hedge Fund•Long/Short	Margaret Kossakowski CFO	$54.5M 0.78% of portfolio	9.42% 3.7M shares	Q1 2023 Held for 2y 8m	$6.9B
PARADIGM CAPITAL MANAGEMENT INC/NY Long Only Manager	Candace King Weir CEO	$49.0M 2.12% of portfolio	8.47% 3.3M shares	Q1 2023 Held for 2y 8m	$2.3B
B BlackRock, Inc. Institution	-	$45.9M 0.00% of portfolio	7.94% 3.1M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
Juniper Investment Company, LLC Hedge Fund•Activist	Alexis Platon Michas Managing Partner	$41.7M 15.94% of portfolio	7.21% 2.8M shares	Q2 2024 Held for 1y 5m	$261.4M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$33.4M 0.00% of portfolio	5.78% 2.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	Steven Joseph Boyd Managing Partner	$32.7M 1.04% of portfolio	5.66% 2.2M shares	Q4 2022 Held for 2y 11m	$3.2B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$21.6M 0.02% of portfolio	3.74% 1.5M shares	Q4 2023 Held for 1y 11m	$121.98B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$16.7M 0.00% of portfolio	2.89% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$13.8M 0.00% of portfolio	2.38% 941.3K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T

Net Capital Flow

Institutional buying and selling activity for OFIX in Q3 2025

Traded: −$2.2M
Buyers: 75
Sellers: 80
Total Bought: +$50.4M
Total Sold: −$52.6M
Avg Position: $2.9M

Biggest Buyers

Institution	Net Bought	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$10.0M +684.9K shares	$21.6M 1.5M shares
N Nuveen, LLC Institution	+$6.7M +458.0K shares	$7.8M 535.3K shares
Juniper Investment Company, LLC Hedge Fund•Activist	+$5.5M +377.7K shares	$41.7M 2.8M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$4.3M +293.1K shares	$4.5M 310.6K shares
J JANE STREET GROUP, LLC Institution	+$2.7M +186.5K shares	$3.1M 210.1K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$2.5M +167.9K shares	$2.5M 170.4K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$2.3M +158.2K shares	$3.2M 217.0K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$1.2M +83.4K shares	$1.3M 87.1K shares
FMR LLC Institution	+$1.1M +78.0K shares	$1.2M 80.4K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$1.0M +68.6K shares	$16.7M 1.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	−$10.9M −742.0K shares	$32.7M 2.2M shares
BANK OF AMERICA CORP /DE/ Institution	−$5.7M −391.2K shares	$4.3M 296.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$5.5M −373.1K shares	$1.4M 96.1K shares
Soleus Capital Management, L.P. Hedge Fund•Long/Short	−$2.9M −261.1K shares	Sold Off 0 shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$1.8M −125.6K shares	$2.1M 145.4K shares
A AYAL Capital Advisors Ltd Institution	−$1.7M −113.3K shares	$12.1M 829.9K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$1.6M −144.2K shares	Sold Off 0 shares
UBS Group AG Institution	−$1.3M −90.8K shares	$1.6M 111.4K shares
MORGAN STANLEY RIA/Wealth	−$1.1M −77.8K shares	$2.5M 172.4K shares
STATE STREET CORP Institution	−$1.1M −75.1K shares	$12.8M 872.1K shares

Entry and Exit Activity

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

New Positions: 8
New Value: $2.3M
Exited Positions: 38
Exited Value: $14.8M

New Positions

Institution	Position Value
Susquehanna Portfolio Strategies, LLC Private Equity	$901.4K 61.6K shares
Palumbo Wealth Management LLC RIA/Wealth	$628.8K 43.0K shares
Integrated Quantitative Investments LLC Long Only Manager	$240.0K 16.4K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$228.1K 15.6K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$148.5K 10.1K shares
Caption Management, LLC Hedge Fund•Long/Short	$113.9K 7.8K shares
O Optiver Holding B.V. Institution	$7.3K 502.0 shares
Hartland & Co., LLC RIA/Wealth	$1.5K 99.0 shares

Exited Positions

Institution	Previous Position
Soleus Capital Management, L.P. Hedge Fund•Long/Short	$2.9M 261.1K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$1.6M 144.2K shares
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	$1.0M 92.0K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$938.3K 84.2K shares
P Petrus Trust Company, LTA Institution	$789.8K 70.8K shares
UBS OCONNOR LLC Long Only Manager	$752.8K 67.5K shares
S Swiss National Bank Institution	$702.5K 63.0K shares
D Dynamic Technology Lab Private Ltd Institution	$535.0K 48.0K shares
CLOUGH CAPITAL PARTNERS L P Hedge Fund•Long/Short	$487.3K 43.7K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$474.2K 42.5K shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 2
Put Value: $1.5M

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
Caption Management, LLC Hedge Fund•Long/Short	$1.3M 899.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$159.6K 109.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Juniper Investment Company, LLC Hedge Fund•Activist	Alexis Platon Michas Managing Partner	15.94% $41.7M	7.21% 2.8M shares	Q2 2024 Held for 1y 5m	$261.4M
Engine Capital Management, LLC Hedge Fund•Event Driven	Marc Stephen Diagonale CFO	7.39% $62.3M	10.77% 4.3M shares	Q4 2023 Held for 1y 11m	$842.2M
A AYAL Capital Advisors Ltd Institution	-	7.01% $12.1M	2.10% 829.9K shares	Q4 2023 Held for 1y 11m	$173.4M
PARADIGM CAPITAL MANAGEMENT INC/NY Long Only Manager	Candace King Weir CEO	2.12% $49.0M	8.47% 3.3M shares	Q1 2023 Held for 2y 8m	$2.3B
P Philosophy Capital Management LLC Hedge Fund•Multi-Strategy	Jacob Daniel Rubin Managing Partner	1.50% $12.9M	2.24% 883.6K shares	Q1 2025 Held for 8 months	$864.0M
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	Steven Joseph Boyd Managing Partner	1.04% $32.7M	5.66% 2.2M shares	Q4 2022 Held for 2y 11m	$3.2B
R Rubric Capital Management LP Hedge Fund•Long/Short	Margaret Kossakowski CFO	0.78% $54.5M	9.42% 3.7M shares	Q1 2023 Held for 2y 8m	$6.9B
B Bastion Asset Management Inc. Institution	-	0.47% $822.2K	0.14% 57.1K shares	Q2 2025 Held for 5 months	$173.7M
Monaco Asset Management SAM RIA/Wealth	Kirstin Lynn Hark Director	0.33% $850.0K	0.15% 58.1K shares	Q2 2025 Held for 5 months	$256.5M
HighVista Strategies LLC Fund of Funds	Richard P Vishton CFO	0.33% $1.4M	0.24% 93.2K shares	Q1 2024 Held for 1y 8m	$413.3M

Hedge Fund Spotlight

Discover hedge funds investing in OFIX

Engineers Gate Manager LP

Hedge Fund • Quant

Portfolio ManagerRobert Gregory Eisner

Portfolio Value: $8.8B
Positions: 2,112
Last Reported: Q3 2025

Sector Allocation

Position in Orthofix Medical Inc.

Market Value: $646.8K
Shares Held: 44.2K
Portfolio Weight: 0.01%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Invesco QQQ Trust QQQ	ETF ETF	$155.2M	1.77%
2 SPDR S&P 500 ETF Trust SPY	ETF ETF	$115.3M	1.32%
3 Sabra Healthcare SBRA	REIT - Healthcare Facilities Real Estate	$112.9M	1.29%