Manning & Napier Group LLC increased its position in Medtronic plc ( NYSE:MDT – Get Rating ) by 15.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,721,541 shares of the medical technology company's stock after acquiring an additional 236,628 shares during the quarter. Medtronic accounts for 1.6% of Manning & Napier Group LLC's holdings, making the stock its 14th largest position. Manning & Napier Group LLC's holdings in Medtronic were worth $138,791,000 as of its most recent SEC filing.

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