Norges Bank’s Avid Bioservices, Inc. Common Stock CDMO Stock Holding History

Norges Bank’s Portfolio CDMO Stock Details CDMO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q1	–	Sell	-180,700	Closed	-$1.17M	–	1979
2023 Q4	$1.17M	Buy	180,700 +19,700	+12%	+$127K	﹤0.01%	1845
2023 Q3	$1.52M	Buy	+161,000	New	+$1.94M	﹤0.01%	1854
2022 Q4	–	Sell	-234,800	Closed	-$4.49M	–	2190
2022 Q3	$4.49M	Sell	234,800 -34,600	-13%	-$630K	﹤0.01%	1789
2022 Q2	$4.11M	Buy	+269,400	New	+$3.98M	﹤0.01%	1808
2021 Q4	–	Sell	-61,400	Closed	-$1.32M	–	2310
2021 Q3	$1.32M	Buy	61,400 +21,800	+55%	+$526K	﹤0.01%	2113
2021 Q2	$1.02M	Buy	+39,600	New	+$846K	﹤0.01%	2114
2021 Q1	–	Sell	-197,000	Closed	-$2.27M	–	2202
2020 Q4	$2.27M	Buy	+197,000	New	+$1.8M	﹤0.01%	1935

Other funds holding CDMO

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

AltraVue Capital Bellevue, Washington $1.16B AUM 46.45% 1-Year Est. Return

1WCM

12 West Capital Management New York $592M AUM 40.75% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

SCM

Snyder Capital Management San Francisco, California $5.16B AUM 26.72% 1-Year Est. Return

PCM

Palisade Capital Management Fort Lee, New Jersey $3B AUM 14% 1-Year Est. Return

PAIM

Punch & Associates Investment Management Edina, Minnesota $1.73B AUM 27.65% 1-Year Est. Return

Norges Bank's CDMO Position: Q1 2024 in Review

Norges Bank sold out of Avid Bioservices, Inc. Common Stock (CDMO) in Q1 2024, closing a stake of 180,700 shares — an estimated $1.17M sold.

Norges Bank first reported a position in CDMO in Q4 2020 and held it in 7 quarters. The position peaked at $4.49M in Q3 2022. 166 funds tracked by Wall St. Rank hold CDMO as of Q1 2024.

Norges Bank reported no remaining Avid Bioservices, Inc. Common Stock position as of Q1 2024 after selling out during the quarter.
Norges Bank sold 180,700 Avid Bioservices, Inc. Common Stock shares in Q1 2024, an estimated $1.17M.
Norges Bank first reported a position in Avid Bioservices, Inc. Common Stock in Q4 2020 and held it in 7 quarters.
Norges Bank's Avid Bioservices, Inc. Common Stock position peaked at $4.49M in Q3 2022.
166 funds tracked by Wall St. Rank held Avid Bioservices, Inc. Common Stock as of Q1 2024.

Based on Norges Bank's 13F filing for Q1 2024, filed 14 May 2024.