Agenus
AGEN
72 hedge funds and large institutions have $86.9M invested in Agenus in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
6% more funds holding
Funds holding: 68 → 72 (+4)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
9% less capital invested
Capital invested by funds: $95M → $86.9M (-$8.14M)
26% less call options, than puts
Call options by funds: $447K | Put options by funds: $600K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.59M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.28M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$693K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$514K |
| 5 |
Morgan Stanley
New York
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Broadfin Capital
New York
|
-$3.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.93M |
| 3 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$798K |
| 4 |
Millennium Management
New York
|
-$555K |
| 5 |
Jane Street
New York
|
-$439K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$160K | -2,526 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$103K | -1,623 | Closed |
|
78
D.E. Shaw & Co
New York
| – | -$72K | -1,143 | Closed |
|
|
VFA
79
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$17K | -271 | Closed |
|
AGEN Hedge Fund Activity: Q3 2014 in Review
72 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Agenus (AGEN) for Q3 2014, worth a combined $86.9M — down 8.6% from $95M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new AGEN positions and 10 closed out — a net gain of 4 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Northern Trust, adding an estimated $1.59M. The largest seller was Broadfin Capital, exiting entirely with an estimated $3.8M sold.
- 72 institutional investors held Agenus (AGEN) as of Q3 2014, up from 68 in Q2 2014.
- Funds reported $86.9M of Agenus stock for Q3 2014, down 8.6% quarter-over-quarter.
- 14 funds opened new Agenus positions in Q3 2014 and 10 closed out, a net change of +4 holders.
- The largest Agenus buyer in Q3 2014 was Northern Trust, an estimated $1.59M added.
- The largest Agenus seller in Q3 2014 was Broadfin Capital, an estimated $3.8M sold.
Based on aggregated 13F filings for Q3 2014.