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Audubon Today
By the People, for the People
Fort Washington Investment Advisors Inc. OH Reduces Stake in Globus Medical, Inc.
The investment firm sold over 126,000 shares of the medical device company in the fourth quarter.
Mar. 28, 2026 at 8:08am
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Fort Washington Investment Advisors Inc. OH reduced its stake in Globus Medical, Inc. (NYSE:GMED) by 28.4% during the fourth quarter, according to a recent 13F filing with the Securities & Exchange Commission. The firm now owns 319,591 shares of the medical device company's stock, down from 446,413 shares at the end of the previous quarter.
Why it matters
This filing provides insight into the investment strategy and portfolio changes of Fort Washington Investment Advisors, a major institutional investor in Globus Medical. The reduction in their Globus Medical holdings could signal a shift in their outlook on the company or the broader medical device industry.
The details
According to the 13F filing, Fort Washington Investment Advisors sold 126,822 shares of Globus Medical stock during the fourth quarter. The firm now owns 0.24% of the company's outstanding shares, down from 0.34% at the end of the prior quarter. Globus Medical is a leading manufacturer of spinal and orthopedic implants and surgical instruments.
- The 13F filing covers the fourth quarter of 2025.
- Fort Washington Investment Advisors reduced its Globus Medical stake during this period.
The players
Fort Washington Investment Advisors Inc. OH
A major institutional investment firm that manages over $60 billion in assets.
Globus Medical, Inc.
A publicly traded medical device company that specializes in spinal and orthopedic products.
The takeaway
This filing highlights the changing investment landscape in the medical device sector, as major institutional investors reevaluate their positions in leading companies like Globus Medical. The reduction in Fort Washington's stake could signal broader market trends or specific concerns about Globus Medical's outlook.
