MEDP ranks #778 out of 37696 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.
702 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.
Artemis Investment Management LLP has added to its MEDP position for two straight quarters, increasing it by $47.5M to reach $59.0M today.
Wasatch Advisors LP has trimmed its MEDP position for two straight quarters, cutting it by $80.8M while still holding $290.8M.
MEDP is up 1.9% 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.