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Cogent Biosciences

144 hedge funds and large institutions have $547M invested in Cogent Biosciences in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 61 increasing their positions, 30 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 30

99% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $652K

50% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 24

7% more funds holding

Funds holding: 135144 (+9)

1.77% more ownership

Funds ownership: 106.31%108.08% (+1.8%)

38% less capital invested

Capital invested by funds: $886M → $547M (-$339M)

71% less funds holding in top 10

Funds holding in top 10: 72 (-5)

Holders
144
Holders Change
+9
Holders Change %
+6.67%
% of All Funds
2.1%
Holding in Top 10
2
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-71.43%
% of All Funds
0.03%
New
36
Increased
61
Reduced
30
Closed
24
Calls
$1.3M
Puts
$652K
Net Calls
+$645K
Net Calls Change
-$20K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$39.7M +$4.66M +608,506 +10%
KCM
2
Kynam Capital Management
New Jersey
$34.4M +$27.9M +3,644,641 +165%
TCM
3
TCG Crossover Management
California
$33.1M
CC
4
Commodore Capital
New York
$32.7M
Fidelity Investments
5
Fidelity Investments
Massachusetts
$31.2M +$5.62M +733,073 +16%
Point72 Asset Management
6
Point72 Asset Management
Connecticut
$30.5M +$10.9M +1,424,693 +38%
VA
7
VR Adviser
New York
$27.5M
Vanguard Group
8
Vanguard Group
Pennsylvania
$26.7M +$1.24M +161,344 +4%
Morgan Stanley
9
Morgan Stanley
New York
$26.6M +$33.6M +4,388,903 +3,389%
State Street
10
State Street
Massachusetts
$24.4M +$9.07M +1,182,980 +40%
SCM
11
Suvretta Capital Management
New York
$21.8M +$5.04M +657,239 +22%
FFM
12
Fairmount Funds Management
Pennsylvania
$20.9M
RG
13
Redmile Group
California
$17.1M +$6.6M +860,689 +42%
Millennium Management
14
Millennium Management
New York
$16.4M +$20.5M +2,673,555 +2,162%
VC
15
Vivo Capital
California
$13.2M
EAM
16
Eventide Asset Management
Massachusetts
$13.1M +$636K +82,968 +4%
FLSM
17
Frazier Life Sciences Management
California
$11.7M +$3.78M +493,884 +33%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$10.2M +$625K +81,536 +5%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$9.62M +$438K +57,143 +4%
PA
20
Perceptive Advisors
New York
$6.6M -$9.09M -1,186,512 -51%
DM
21
Deerfield Management
New York
$6.41M
SCM
22
Silverarc Capital Management
Massachusetts
$5.68M +$2.42M +315,376 +48%
WP
23
Woodline Partners
California
$4.65M +$5.14M +670,484 +559%
5VM
24
5AM Venture Management
California
$4.65M
SVCM
25
Saturn V Capital Management
Texas
$4.45M -$7.81M -1,018,734 -57%

COGT Hedge Fund Activity: Q4 2023 in Review

144 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cogent Biosciences (COGT) for Q4 2023, worth a combined $547M — down 38% from $886M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new COGT positions and 24 closed out — a net gain of 12 holders — while 61 added to existing stakes and 30 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $33.6M. The largest seller was RA Capital Management, exiting entirely with an estimated $62.6M sold.

  • 144 institutional investors held Cogent Biosciences (COGT) as of Q4 2023, up from 135 in Q3 2023.
  • Funds reported $547M of Cogent Biosciences stock for Q4 2023, down 38% quarter-over-quarter.
  • 36 funds opened new Cogent Biosciences positions in Q4 2023 and 24 closed out, a net change of +12 holders.
  • The largest Cogent Biosciences buyer in Q4 2023 was Morgan Stanley, an estimated $33.6M added.
  • The largest Cogent Biosciences seller in Q4 2023 was RA Capital Management, an estimated $62.6M sold.

Based on aggregated 13F filings for Q4 2023.