Burning Rock Biotech
42 hedge funds and large institutions have $49.5M invested in Burning Rock Biotech in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 20 reducing their positions, and 18 closing their positions.
0.15% less ownership
Funds ownership: 2.65% → 2.5% (-0.15%)
6% less capital invested
Capital invested by funds: $52.5M → $49.5M (-$2.96M)
19% less funds holding
Funds holding: 52 → 42 (-10)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
65% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$6.41M |
| 2 |
KCM
Kynam Capital Management
Princeton,
New Jersey
|
+$1.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$150K |
| 4 |
Goldman Sachs
New York
|
+$126K |
| 5 |
HF
HRT Financial
New York
|
+$53.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.44M |
| 2 |
Millennium Management
New York
|
-$595K |
| 3 |
State Street
Boston,
Massachusetts
|
-$571K |
| 4 |
Barclays
London,
United Kingdom
|
-$521K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$519K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$63K | -2,601 | Closed |
|
|
XT
52
XTX Topco
George Town,
Cayman Islands
| – | -$60K | -2,520 | Closed |
|
53
Northern Trust
Chicago,
Illinois
| – | -$38K | -1,600 | Closed |
|
|
VF
54
Virtu Financial
New York
| – | -$31K | -1,314 | Closed |
|
|
CS
55
Credit Suisse
Zurich,
Switzerland
| – | -$16K | -682 | Closed |
|
56
Legal & General Group
London,
United Kingdom
| – | -$14K | -579 | Closed |
|
57
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -79 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$46 | +2 | New |
|
BNR Hedge Fund Activity: Q4 2022 in Review
42 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Burning Rock Biotech (BNR) for Q4 2022, worth a combined $49.5M — down 5.6% from $52.5M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BNR and 8 opened new positions — a net loss of 10 holders — while 20 trimmed existing stakes and 7 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $6.41M. The largest seller was BlackRock, cutting an estimated $3.44M.
- 42 institutional investors held Burning Rock Biotech (BNR) as of Q4 2022, down from 52 in Q3 2022.
- Funds reported $49.5M of Burning Rock Biotech stock for Q4 2022, down 5.6% quarter-over-quarter.
- 8 funds opened new Burning Rock Biotech positions in Q4 2022 and 18 closed out, a net change of -10 holders.
- The largest Burning Rock Biotech buyer in Q4 2022 was Fidelity International, an estimated $6.41M added.
- The largest Burning Rock Biotech seller in Q4 2022 was BlackRock, an estimated $3.44M sold.
Based on aggregated 13F filings for Q4 2022.