argenx
ARGX
84 hedge funds and large institutions have $1.37B invested in argenx in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 10 closing their positions.
210% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 10
49% more capital invested
Capital invested by funds: $916M → $1.37B (+$451M)
33% more funds holding
Funds holding: 63 → 84 (+21)
7.9% more ownership
Funds ownership: 44.94% → 52.84% (+7.9%)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$120M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$61.7M |
| 3 |
BB
BB Biotech
Schaffhausen,
Switzerland
|
+$30M |
| 4 |
Millennium Management
New York
|
+$17.9M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$14.7M |
Top Sellers
| 1 |
CCM
Consonance Capital Management
New York
|
-$49.5M |
| 2 |
VMI
VHCP Management II
New York
|
-$22.9M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$9.76M |
| 4 |
GTC
Ghost Tree Capital
New York
|
-$7.55M |
| 5 |
QF
QVT Financial
New York
|
-$6.53M |
ARGX Hedge Fund Activity: Q1 2018 in Review
84 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in argenx (ARGX) for Q1 2018, worth a combined $1.37B — up 49% from $916M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ARGX positions and 10 closed out — a net gain of 21 holders — while 19 added to existing stakes and 27 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $120M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $49.5M sold.
- 84 institutional investors held argenx (ARGX) as of Q1 2018, up from 63 in Q4 2017.
- Funds reported $1.37B of argenx stock for Q1 2018, up 49% quarter-over-quarter.
- 31 funds opened new argenx positions in Q1 2018 and 10 closed out, a net change of +21 holders.
- The largest argenx buyer in Q1 2018 was Fidelity Investments, an estimated $120M added.
- The largest argenx seller in Q1 2018 was Consonance Capital Management, an estimated $49.5M sold.
Based on aggregated 13F filings for Q1 2018.