Institutional Cluster

TFX

TELEFLEX INC
MIXED
Impact 4/10
Horizonweeks Processed3mo ago
Institutional cluster: 16 buyers, 28 sellers (mixed)
Actionable Insight ◆ Mixed

The cluster is dominated by active managers on both sides, but the net selling pressure and absence of insider buying suggest no imminent catalyst. Monitor for a potential capitulation bottom if selling continues — the presence of new high-conviction buyers (Point72, Balyasny, Pzena) at current levels could signal value recognition. Watch next quarter's 13F for whether these buyers added further or reversed.

DirectionMixed
Confidencemedium
Horizonweeks
Final — all horizons settled through T+60d
TFX ▲ +6.04% at T+60d
NEUTRAL call ✓ call won +6.04% · α vs SPY +4.29% · entry $121.67 → $129.02
Entry anchored
Jun 18, 03:59 PM ET
via exchange tick
T+1d
+2.13%
call +2.13% · α +3.58%
$124.26
settled 3mo ago
T+5d
+6.73%
call +6.73% · α +8.80%
$129.86
settled 3mo ago
T+20d
+10.64%
call +10.64% · α +10.78%
$134.61
settled 2mo ago
T+60d
+6.04%
call +6.04% · α +4.29%
$129.02
settled 16d ago

Executive Summary

A mixed institutional cluster in TFX for 2026-Q1 shows 16 buyers accumulating $203.9M (led by Point72's new $81M position, Balyasny's $37.3M addition, and Pzena's $37.3M increase) against 28 sellers reducing by $361.3M (led by Morgan Stanley's near-exit of $240.9M, Norges Bank's full exit of $66.1M, and First Trust's near-exit of $19.7M). The net selling pressure of ~$157M and absence of insider buying (confluence score 38/100, institutions_only) suggest institutional rotation rather than a strong conviction thesis, consistent with the stock's -4.54% average T+20 underperformance on prior neutral reports.

Key Financial Metrics

Direction
distributing
Buy Value
$268.3M
Sell Value
$361.3M
Net Flow
-$157.4M

Institutional Positions

Net institutional flow: -$157.4M

▲ Buyers (16)

InstitutionActionChangePosition ValueValue Δ
Point72NEW+0%$81.0M$81.0M
Balyasny Asset ManagementDOUBLED+357.8%$48.0M$37.3M
Pzena Investment ManagementADD+84.2%$83.6M$37.3M
Pictet Asset Management HoldinDOUBLED+2289%$19.8M$19.0M
Victory Capital ManagementDOUBLED+2144.2%$17.5M$16.7M

▼ Sellers (28)

InstitutionActionChangePrev ValueValue Δ
Morgan StanleyNEAR_EXIT-78.5%$305.0M-$240.9M
Norges BankEXIT-100%$66.1M-$66.1M
First Trust AdvisorsNEAR_EXIT-98.4%$20.0M-$19.7M
FidelityNEAR_EXIT-79.1%$15.5M-$12.3M
Russell Investments GroupNEAR_EXIT-75.3%$16.4M-$12.5M

Key Facts

  • 16 institutional buyers added $203.9M in new holdings; 28 sellers reduced by $361.3M
  • Point72 initiated a new $81.0M position (677.3K shares) — largest single buyer
  • Balyasny Asset Management doubled its stake to $48.0M (+$37.3M)
  • Pzena Investment Management added 84.2% to $83.6M (+$37.3M)
  • Morgan Stanley near-exited, selling $240.9M (78.5% of its position)
  • Norges Bank fully exited a $66.1M position
  • First Trust Advisors near-exited, selling $19.7M (98.4% of its position)
  • No open-market insider buying detected in the window (confluence score 38/100, institutions_only)
  • Historical calibration shows prior neutral reports on TFX averaged -4.54% T+20 return

Financial Impact

Net institutional selling of approximately $157.4M (buyers added $203.9M, sellers reduced $361.3M) against a $5.6B market cap — roughly 2.8% of float rotated out by sellers

institutional ownershipfloatnet institutional flow

Risk Factors

  • Continued institutional distribution could pressure the stock further
  • No insider buying to corroborate the bullish thesis from new buyers
  • Historical calibration shows prior neutral reports on TFX underperformed by -4.54% at T+20

Market Snapshot

Exchange
NYSE
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
35% bullish (17 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 institutional 13F filing from SEC EDGAR.

DocumentAccession Number
INST-CLUSTER Data (Synthetic)inst-cluster-TFX-2026-Q1
9 reports for TFX
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TFX — sortable, filterable
TypeNow
Aug 6, 2026
8w ago
8-K
MIXED ★ 6/10
$138.89 $139.96▲ +0.77%▲ +0.17%—
Jul 2, 2026
13w ago
Court Ruling
BULLISH ★ 6/10
$133.99 $132.30▼ −1.26%▼ −0.85%—
Jun 22, 2026
14w ago
Institutional Cluster
MIXED ★ 4/10
$121.67 $134.61▲ +10.64%▲ +10.78%—
Jun 15, 2026
15w ago
8-K
NEUTRAL ★ 4/10
$127.87 $130.16▲ +1.79%▲ +1.59%—
Jun 9, 2026
16w ago
8-K
NEUTRAL ★ 2/10
$132.15 $134.04▲ +1.43%▼ −2.19%—
Jun 1, 2026
17w ago
8-K
NEUTRAL ★ 4/10
$127.31 $127.49▲ +0.14%▲ +2.45%—
May 27, 2026
18w ago
8-K
NEUTRAL ★ 4/10
$128.90 $127.79▼ −0.86%▲ +1.83%—
May 7, 2026
21w ago
8-K
MIXED ★ 6/10
$131.59 $128.56▼ −2.31%▼ −5.44%—
Feb 26, 2026
31w ago
8-K
MIXED ★ 7/10
$118.39 $110.38▼ −6.77%▼ −0.36%—
Showing 9 of 9

US Market Status

Market Closed — Opens Mon (39h 25m)

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Report published Jun 22, 2026