BELLUS Health Inc.
BLU was delisted on the 28th of June, 2023.
50 hedge funds and large institutions have $52.8M invested in BELLUS Health Inc. in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 27 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
22% less funds holding
Funds holding: 64 → 50 (-14)
52% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 27
86% less capital invested
Capital invested by funds: $376M → $52.8M (-$324M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
+$6.38M |
| 2 |
FM
Frazier Management
Seattle,
Washington
|
+$3.68M |
| 3 |
BC
Boxer Capital
San Diego,
California
|
+$3.4M |
| 4 |
SM
Sabby Management
Miami Beach,
Florida
|
+$2.5M |
| 5 |
Morgan Stanley
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.5M |
| 2 |
CCM
Consonance Capital Management
New York
|
-$19.8M |
| 3 |
CAC
Cowen and Company
New York
|
-$16.7M |
| 4 |
AIC
AWM Investment Company
New York
|
-$16.5M |
| 5 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$15.9M |
BLU Hedge Fund Activity: Q3 2020 in Review
50 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BELLUS Health Inc. (BLU) for Q3 2020, worth a combined $52.8M — down 86% from $376M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BLU and 13 opened new positions — a net loss of 14 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Polar Capital, adding an estimated $6.38M. The largest seller was Fidelity Investments, exiting entirely with an estimated $46.5M sold.
- 50 institutional investors held BELLUS Health Inc. (BLU) as of Q3 2020, down from 64 in Q2 2020.
- Funds reported $52.8M of BELLUS Health Inc. stock for Q3 2020, down 86% quarter-over-quarter.
- 13 funds opened new BELLUS Health Inc. positions in Q3 2020 and 27 closed out, a net change of -14 holders.
- The largest BELLUS Health Inc. buyer in Q3 2020 was Polar Capital, an estimated $6.38M added.
- The largest BELLUS Health Inc. seller in Q3 2020 was Fidelity Investments, an estimated $46.5M sold.
Based on aggregated 13F filings for Q3 2020.