MEDP ranks #778 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
MEDP is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.2% of that fund's own 13F portfolio.
698 institutions disclose a position in MEDP, but none treat it as a major bet — even American Capital Management Inc, its most concentrated holder, allocates just 5.0% of its own portfolio to it.
Price T Rowe Associates Inc /md/ has added to its MEDP position for two straight quarters, increasing it by $1.0B to reach $1.1B today.
David Shaw has trimmed its MEDP position for two straight quarters, cutting it by $172.5M while still holding $124.2M.
MEDP is up 0.8% today, and institutions have been net buyers of $5.2B this quarter — today's price move and the underlying institutional flow are pointing the same direction.