Crescent Biopharma
CBIO
54 hedge funds and large institutions have $46.6M invested in Crescent Biopharma in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
19% more call options, than puts
Call options by funds: $721K | Put options by funds: $607K
15% more funds holding
Funds holding: 47 → 54 (+7)
0.05% more ownership
Funds ownership: 0.52% → 0.58% (+0.05%)
44% less capital invested
Capital invested by funds: $83.1M → $46.6M (-$36.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Artal Group
Luxembourg
|
+$19.3M |
| 2 |
OCA
Octagon Capital Advisors
New York
|
+$6.75M |
| 3 |
Axa
Paris,
France
|
+$3.62M |
| 4 |
Goldman Sachs
New York
|
+$1.88M |
| 5 |
Two Sigma Advisers
New York
|
+$906K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$9.46M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.22M |
| 3 |
Millennium Management
New York
|
-$975K |
| 4 |
First Manhattan
New York
|
-$952K |
| 5 |
EP
Eversept Partners
New York
|
-$305K |
CBIO Hedge Fund Activity: Q1 2023 in Review
54 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Crescent Biopharma (CBIO) for Q1 2023, worth a combined $46.6M — down 44% from $83.1M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CBIO positions and 13 closed out — a net gain of 7 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Artal Group, opening a new position worth an estimated $19.3M. The largest seller was NEA Management Company, cutting an estimated $9.46M.
- 54 institutional investors held Crescent Biopharma (CBIO) as of Q1 2023, up from 47 in Q4 2022.
- Funds reported $46.6M of Crescent Biopharma stock for Q1 2023, down 44% quarter-over-quarter.
- 20 funds opened new Crescent Biopharma positions in Q1 2023 and 13 closed out, a net change of +7 holders.
- The largest Crescent Biopharma buyer in Q1 2023 was Artal Group, an estimated $19.3M added.
- The largest Crescent Biopharma seller in Q1 2023 was NEA Management Company, an estimated $9.46M sold.
Based on aggregated 13F filings for Q1 2023.