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Fennec Pharmaceuticals

27 hedge funds and large institutions have $40.7M invested in Fennec Pharmaceuticals in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $36M → $40.7M (+$4.77M)

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

2.63% less ownership

Funds ownership: 45.17%42.54% (-2.6%)

10% less funds holding

Funds holding: 3027 (-3)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
27
Holders Change
-3
Holders Change %
-10%
% of All Funds
0.59%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
7
Reduced
7
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
1
Southpoint Capital Advisors
New York
$19.2M
ACA
2
Avoro Capital Advisors
New York
$5.32M
6CM
3
683 Capital Management
New York
$4.67M
SCM
4
Solas Capital Management
Connecticut
$4.54M +$411K +93,221 +11%
EAM
5
Eventide Asset Management
Massachusetts
$3.46M
GIM
6
Granahan Investment Management
Massachusetts
$2.19M +$74.6K +16,896 +4%
OAM
7
Oxford Asset Management
United Kingdom
$398K +$33.2K +7,513 +10%
PP
8
Paloma Partners
Connecticut
$206K -$51.1K -11,568 -21%
BlackRock
9
BlackRock
New York
$168K -$5.81K -1,316 -4%
HFM
10
Hartford Financial Management
Connecticut
$144K +$42.8K +9,700 +48%
WMSA
11
Weiss Multi-Strategy Advisers
New York
$120K
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$106K +$97.3K +22,040 New
WS
13
Wedbush Securities
California
$57K +$52.5K +11,900 New
Victory Capital Management
14
Victory Capital Management
Texas
$45K +$41.2K +9,347 New
MAM
15
Meeder Asset Management
Ohio
$32K +$9.03K +2,045 +43%
UBS Group
16
UBS Group
Switzerland
$11K +$9.69K +2,195 +2,051%
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$6.81K
Citigroup
18
Citigroup
New York
$6K -$2.05K -465 -26%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$4K +$2.24K +507 +170%
TRCT
20
Tower Research Capital (TRC)
New York
$2K +$1.81K +410 New
PCM
21
Prelude Capital Management
New York
$1K -$141 -32 -11%
JP Morgan Chase
22
JP Morgan Chase
New York
$1K +$485 +110 New
FDCDDQ
23
Federation des caisses Desjardins du Quebec
Quebec, Canada
$5
OM
24
Opaleye Management
Massachusetts
-$1.18M -295,000 Closed
USAA
25
United Services Automobile Association
Texas
-$920K -229,983 Closed

FENC Hedge Fund Activity: Q3 2019 in Review

27 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Fennec Pharmaceuticals (FENC) for Q3 2019, worth a combined $40.7M — up 13% from $36M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FENC and 6 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 7 added.

The largest buyer was Solas Capital Management, adding an estimated $411K. The largest seller was Opaleye Management, exiting entirely with an estimated $1.18M sold.

  • 27 institutional investors held Fennec Pharmaceuticals (FENC) as of Q3 2019, down from 30 in Q2 2019.
  • Funds reported $40.7M of Fennec Pharmaceuticals stock for Q3 2019, up 13% quarter-over-quarter.
  • 6 funds opened new Fennec Pharmaceuticals positions in Q3 2019 and 9 closed out, a net change of -3 holders.
  • The largest Fennec Pharmaceuticals buyer in Q3 2019 was Solas Capital Management, an estimated $411K added.
  • The largest Fennec Pharmaceuticals seller in Q3 2019 was Opaleye Management, an estimated $1.18M sold.

Based on aggregated 13F filings for Q3 2019.