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BNR

Burning Rock Biotech

62 hedge funds and large institutions have $243M invested in Burning Rock Biotech in 2021 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.09% less ownership

Funds ownership: 3.15%3.06% (-0.09%)

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

28% less funds holding

Funds holding: 8662 (-24)

51% less capital invested

Capital invested by funds: $491M → $243M (-$248M)

63% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 38

Holders
62
Holders Change
-24
Holders Change %
-27.91%
% of All Funds
0.95%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
14
Increased
16
Reduced
22
Closed
38
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$84.8M +$1.48M +10,835 +1%
Massachusetts Financial Services
2
Massachusetts Financial Services
Massachusetts
$21.1M +$20.4M +148,762 +206%
MICM
3
Matthews International Capital Management
California
$14.9M -$5.8M -42,350 -21%
O
4
OrbiMed
New York
$13.8M -$5.53M -40,380 -22%
BlackRock
5
BlackRock
New York
$12.4M -$7.44M -54,301 -30%
Canada Pension Plan Investment Board
6
Canada Pension Plan Investment Board
Ontario, Canada
$11.8M
Sumitomo Mitsui Trust Group
7
Sumitomo Mitsui Trust Group
Japan
$11.2M +$2.1M +15,320 +15%
Vanguard Group
8
Vanguard Group
Pennsylvania
$9.79M -$611K -4,462 -4%
AIM
9
ARK Investment Management
Florida
$8.08M +$11.6M +84,754 New
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$5.65M +$531K +3,874 +7%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$5.13M -$1.52M -11,087 -17%
Morgan Stanley
12
Morgan Stanley
New York
$5M +$782K +5,708 +12%
BG
13
Bellevue Group
Switzerland
$4.67M
Millennium Management
14
Millennium Management
New York
$3.9M +$4.26M +31,130 +318%
KCM
15
Kynam Capital Management
New Jersey
$3.65M +$5.24M +38,246 New
Hudson Bay Capital Management
16
Hudson Bay Capital Management
Connecticut
$2.87M
HH
17
HSG Holding
Hong Kong
$2.02M
BBA
18
Baker Bros. Advisors
New York
$1.99M
BA
19
Bridgewater Associates
Connecticut
$1.84M +$485K +3,540 +22%
Ameriprise
20
Ameriprise
Minnesota
$1.77M -$9.66M -70,547 -79%
SP
21
Sage Partners
Hong Kong
$1.66M +$2.39M +17,440 New
State Street
22
State Street
Massachusetts
$1.66M -$5.31M -38,770 -69%
Renaissance Technologies
23
Renaissance Technologies
New York
$1.58M +$2.13M +15,529 +1,538%
Citadel Advisors
24
Citadel Advisors
Florida
$1.44M +$1.61M +11,729 +352%
Grantham, Mayo, Van Otterloo & Co (GMO)
25
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.34M +$1.93M +14,080 New

BNR Hedge Fund Activity: Q4 2021 in Review

62 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Burning Rock Biotech (BNR) for Q4 2021, worth a combined $243M — down 51% from $491M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of BNR and 14 opened new positions — a net loss of 24 holders — while 22 trimmed existing stakes and 16 added.

The largest buyer was Massachusetts Financial Services, adding an estimated $20.4M. The largest seller was Jennison Associates, exiting entirely with an estimated $10.2M sold.

  • 62 institutional investors held Burning Rock Biotech (BNR) as of Q4 2021, down from 86 in Q3 2021.
  • Funds reported $243M of Burning Rock Biotech stock for Q4 2021, down 51% quarter-over-quarter.
  • 14 funds opened new Burning Rock Biotech positions in Q4 2021 and 38 closed out, a net change of -24 holders.
  • The largest Burning Rock Biotech buyer in Q4 2021 was Massachusetts Financial Services, an estimated $20.4M added.
  • The largest Burning Rock Biotech seller in Q4 2021 was Jennison Associates, an estimated $10.2M sold.

Based on aggregated 13F filings for Q4 2021.