Annexon
ANNX
95 hedge funds and large institutions have $190M invested in Annexon in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 38 increasing their positions, 18 reducing their positions, and 31 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 99 → 95 (-4)
8% less capital invested
Capital invested by funds: $208M → $190M (-$17.6M)
11.02% less ownership
Funds ownership: 112.99% → 101.97% (-11%)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
27% less call options, than puts
Call options by funds: $764K | Put options by funds: $1.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGM
Logos Global Management
San Francisco,
California
|
+$15.3M |
| 2 |
BlackRock
New York
|
+$10.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.14M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$4.62M |
| 5 |
BCLSI
Bain Capital Life Sciences Investors
Boston,
Massachusetts
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
VR Adviser
New York
|
-$12.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.35M |
| 3 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$7.19M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.25M |
| 5 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$4.81M |
ANNX Hedge Fund Activity: Q2 2023 in Review
95 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Annexon (ANNX) for Q2 2023, worth a combined $190M — down 8.5% from $208M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ANNX and 27 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 38 added.
The largest buyer was Logos Global Management, opening a new position worth an estimated $15.3M. The largest seller was VR Adviser, exiting entirely with an estimated $12.4M sold.
- 95 institutional investors held Annexon (ANNX) as of Q2 2023, down from 99 in Q1 2023.
- Funds reported $190M of Annexon stock for Q2 2023, down 8.5% quarter-over-quarter.
- 27 funds opened new Annexon positions in Q2 2023 and 31 closed out, a net change of -4 holders.
- The largest Annexon buyer in Q2 2023 was Logos Global Management, an estimated $15.3M added.
- The largest Annexon seller in Q2 2023 was VR Adviser, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2023.