Crinetics Pharmaceuticals
CRNX
58 hedge funds and large institutions have $440M invested in Crinetics Pharmaceuticals in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 7 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
92% more capital invested
Capital invested by funds: $229M → $440M (+$211M)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
9.41% more ownership
Funds ownership: 62.95% → 72.36% (+9.4%)
5% less funds holding
Funds holding: 61 → 58 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
+$2.09M |
| 2 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$1.13M |
| 3 |
State Street
Boston,
Massachusetts
|
+$387K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$364K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.42M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.87M |
| 3 |
Goldman Sachs
New York
|
-$1.09M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$829K |
| 5 |
Millennium Management
New York
|
-$706K |
CRNX Hedge Fund Activity: Q4 2019 in Review
58 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Crinetics Pharmaceuticals (CRNX) for Q4 2019, worth a combined $440M — up 92% from $229M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CRNX positions and 7 closed out — a net gain of 2 holders — while 24 added to existing stakes and 11 trimmed.
The largest buyer was Polar Capital, adding an estimated $2.09M. The largest seller was BlackRock, cutting an estimated $4.42M.
- 58 institutional investors held Crinetics Pharmaceuticals (CRNX) as of Q4 2019, down from 61 in Q3 2019.
- Funds reported $440M of Crinetics Pharmaceuticals stock for Q4 2019, up 92% quarter-over-quarter.
- 9 funds opened new Crinetics Pharmaceuticals positions in Q4 2019 and 7 closed out, a net change of +2 holders.
- The largest Crinetics Pharmaceuticals buyer in Q4 2019 was Polar Capital, an estimated $2.09M added.
- The largest Crinetics Pharmaceuticals seller in Q4 2019 was BlackRock, an estimated $4.42M sold.
Based on aggregated 13F filings for Q4 2019.