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Dental equipment & supplies (SIC 3843)

Major group 38: Measuring, analyzing, and controlling instruments; photographic, medical and optical goods; watches and clocks

Part of 384 Surgical, medical, and dental instruments and supplies

Companies with SIC industry code 3843. Companies with no code (SIC 0) and shell companies (SIC 9995) are left out.

As of2020 Q4
Data cover 2000 Q4 – 2020 Q4, quarterly.
Only 2 companies in the S&P 500 this quarter: the averages below rest on few pairs.

The tiles, heatmap and tables below use the industry’s S&P 500 companies.

Companies in 2020 Q4 2
Average profit weight between them 0.64

Average profit weight in the industry over time

The mean profit weight over every ordered pair of the industry’s companies, each quarter: S&P 500 companies (solid) and all companies (faded). Click a quarter to show it.

    Computed from the current data release, using every firm in the sample. Published papers used earlier releases and samples, so their figures differ slightly.

    Show the numbers

    Profit weights between the 2 largest companies, 2020 Q4

    Each cell is the profit weight of the row company’s shareholders on the column company (darker: higher). Companies are ordered so that tightly linked groups form blocks. Largest means most reported owners. Click a cell to compare the two companies.

    Align Technology IncDentsply Sirona IncReport
    Align Technology Inc 0.79
    Dentsply Sirona Inc 0.49

    Investors who drive it, 2020 Q4

    The investors that contribute most to the industry’s average profit weight: roughly, those holding sizeable stakes in many of its companies at once. Investor types are inferred from the forms each investor files with the SEC and are under review. Anyone filing Forms 3/4/5 counts as an insider unless they also file 13F, in which case they count as an asset manager (such as Carl Icahn).

    • Big Three
    • Asset manager
    • Non-financial blockholder
    • Activist
    • Insider
    #InvestorTypeCompanies held hereShare of the averageSEC CIKReport
    1 Vanguard Group Inc Big Three 250% 102909
    2 BlackRock Inc. Big Three 224% 1364742
    3 State Street Corp Big Three 28% 93751
    4 Price T Rowe Associates Inc /MD/ Asset manager 24% 80255
    5 Janus Henderson Group PLC Asset manager 23% 1274173
    6 Wellington Management Group LLP Asset manager 22% 902219
    7 Geode Capital Management, LLC Asset manager 21% 1214717
    8 Invesco LTD. Asset manager 20.9% 914208
    9 Ameriprise Financial Inc Asset manager 20.9% 820027
    10 Northern Trust Corp Asset manager 20.7% 73124
    11 Champlain Investment Partners, LLC Asset manager 20.6% 1315478
    12 Norges Bank Asset manager 20.5% 1374170
    13 Nuveen Asset Management, LLC Asset manager 20.4% 1521019
    14 Bank of New York Mellon Corp Asset manager 20.4% 1629943
    15 Legal & General Group PLC Asset manager 20.2% 764068
    16 Melvin Capital Management LP Asset manager 20.2% 1628110
    17 Bank of America Corp /DE/ Asset manager 20.2% 70858
    18 UBS Asset Management Americas Inc*Ubs Group AG Asset manager 20.2% 1610520
    19 Alliancebernstein L.P. Asset manager 20.2% 1109448
    20 Charles Schwab Investment Management Inc Asset manager 20.1% 884546
    21 Wells Fargo & Company/Mn Asset manager 20.1% 72971
    22 Dimensional Fund Advisors LP Asset manager 20.1% 354204
    23 Massachusetts Financial Services Co /MA/ Asset manager 20.1% 912938
    24 JPMorgan Chase & Co Asset manager 20.1% 19617
    25 Victory Capital Management Inc Asset manager 20.1% 1040188

    The companies, 2020 Q4

    CompanyReported ownersReported ownershipSEC CIKReport
    Align Technology Inc SIC 3843 · S&P 500 76089.31%1097149
    Dentsply Sirona Inc SIC 3843 · S&P 500 53898.10%818479

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