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ZBH

Zimmer Biomet Holdings, Inc.

Sector: healthcareMedical - DevicesNYSEMarket Cap: $19.57B

Zimmer Biomet Holdings, Inc. (ZBH) is a medical device company specializing in orthopedic reconstructive products, with a dominant political signal being $128.5M in annual doctor payments (2023) and a single congressional trader executing 16 transactions in the last 12 months.

Govt Dependence
30/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat ZBH does

Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive products, including knee and hip implants, surgical equipment, and biologics. Revenue is generated through sales of joint replacement devices, sports medicine, extremities, trauma, craniomaxillofacial, and dental products. The company operates globally, with significant exposure to U.S. healthcare reimbursement policies and FDA regulation.

12 months past · 3 months futureZBH activity timeline

$111$94$78 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $107.71 hi $80.07 lo $82.90 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 41 Ro Khanna (D) · Purchase · 2026-01-13Ro Khanna (D) · Purchase · 2026-01-14Ro Khanna (D) · Purchase · 2026-01-29Ro Khanna (D) · Purchase · 2026-01-23Ro Khanna (D) · Sale · 2025-11-10Ro Khanna (D) · Purchase · 2025-11-06Ro Khanna (D) · Purchase · 2025-11-03Ro Khanna (D) · purchase · 2025-08-04Ro Khanna (D) · Purchase · 2025-08-04Ro Khanna (D) · Purchase · 2025-07-09Ro Khanna (D) · purchase · 2025-07-09Ro Khanna (D) · sale · 2025-06-26Ro Khanna (D) · purchase · 2025-06-16Ro Khanna (D) · Purchase · 2025-06-10Ro Khanna (D) · purchase · 2025-06-10Ro Khanna (D) · Purchase · 2025-06-16Ro Khanna (D) · Sale · 2025-06-26Ro Khanna (D) · sale · 2025-05-19Ro Khanna (D) · Sale · 2025-05-28Ro Khanna (D) · sale · 2025-05-28Ro Khanna (D) · Sale · 2025-05-19 Citadel Advisors · OPENED $16M · 2025-12-31Renaissance Technologies · OPENED $12M · 2025-09-30Citadel Advisors · OPENED $9M · 2025-09-30Citadel Advisors · OPENED $6M · 2025-06-30Bridgewater Associates · OPENED $3M · 2025-12-31D.E. Shaw & Co. · OPENED $2M · 2025-12-31Bridgewater Associates · OPENED $1M · 2025-09-30Bridgewater Associates · OPENED $1M · 2025-06-30Two Sigma Investments · OPENED · 2025-09-30Two Sigma Investments · OPENED · 2025-12-31 S.827 · markup · 2025-07-30HR.1860 · committee · 2025-09-16HR.2068 · committee · 2025-06-12 MARKUP · House Appropriations Subcommittee on Department of Homeland · 2026-05-18MARKUP · Senate Appropriations Subcommittee on Commerce, Justice, Sci · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Departments of Labor, · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-19MARKUP · House Appropriations Subcommittee on Commerce, Justice, Scie · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Transportation, Housin · 2026-05-19MARKUP · Senate Budget · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-20MARKUP · House Education and Workforce Subcommittee on Health, Employ · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · Senate Appropriations Subcommittee on Energy and Water Devel · 2026-05-20MARKUP · Senate Veterans' Affairs · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-21MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-21MARKUP · House Appropriations Subcommittee on Departments of Transpor · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 21 congressional trades shown · 0 insider buys · 10 13F filings · 3 past bill actions · 16 upcoming markups

Executive Branch ConflictsZBH held by Trump-administration officials

1 cabinet/senior official reported ZBH positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsZBH federal contracts

ZBH doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding ZBH

$958.3M
Total ZBH held by tracked 13F funds
31
Funds with ZBH positions
+31
Funds opened this quarter
Citadel Advisors $252M opened 2024-12-31
Citadel Advisors $231M opened 2025-03-31
Citadel Advisors $90M opened 2024-03-31
Citadel Advisors $52M opened 2024-09-30
Bridgewater Associates $47M opened 2024-03-31
D.E. Shaw & Co. $40M opened 2024-09-30
Bridgewater Associates $38M opened 2024-06-30
D.E. Shaw & Co. $33M opened 2024-12-31
23 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading ZBHMembers of Congress with recent ZBH positions

3 politicians traded ZBH across 51 disclosed transactions totaling $567K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just ZBH). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading ZBH

2026-01-13 Ro Khanna D-California · house Purchase $1,001 - $15,000
2026-01-14 Ro Khanna D-California · house Purchase $1,001 - $15,000
2026-01-29 Ro Khanna D-California · house Purchase $15,001 - $50,000
2026-01-23 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-11-10 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-11-06 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-11-03 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house purchase $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-07-09 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-07-09 Ro Khanna D-California · house purchase $1,001 - $15,000
2025-06-26 Ro Khanna D-California · house sale $50,001 - $100,000
30+ trades on file · most recent 2026-02-06

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

3
option exercises · $736K
For ZBH, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting ZBHLive legislation impacting this stock

Political ProfileWhere ZBH sits in Washington

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STRUCTURAL: High regulatory density (85 score) due to healthcare sector and physician payment exposure ($128.5M in 2023). EVIDENTIARY: Single active congressional trader (16 trades) and executive branch holding (Trump OGE disclosure). Net: No lobbying or donations, but evidentiary trading and high doctor payments create mixed signals.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Physician payment transparency and potential anti-kickback scrutiny
    HHS/OIG
    "get_political_influence.doctor_payments shows $128.5M in 2023 across 30,992 payments, indicating high volume of financial relationships with physicians."
  • Reimbursement changes for orthopedic devices under Medicare
    CMS
    "Recent bill_impacts array includes 8 healthcare bills with low but non-zero impact_ratios, suggesting regulatory density."

Regulatory opportunities

  • Potential for favorable coverage decisions for new device technologies
    CMS
    "get_political_influence.doctor_payments indicate ongoing physician engagement, which may support product adoption."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

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Frequently AskedAbout ZBH & political exposure

Does Zimmer Biomet Holdings, Inc. (ZBH) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Zimmer Biomet Holdings, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own ZBH stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in ZBH on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded ZBH stock?
197 congressional trades by 11 unique members of Congress, most recently on 2026-01-29. See the Congressional Trading panel for politician-by-politician breakdown.
What is ZBH political risk profile?
Government dependence: 30/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track ZBH political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. ZBH data is updated daily from these official federal sources.