Fulgent Genetics
FLGT
86 hedge funds and large institutions have $106M invested in Fulgent Genetics in 2020 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 21 closing their positions.
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
15% more funds holding
Funds holding: 75 → 86 (+11)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
24% less capital invested
Capital invested by funds: $138M → $106M (-$32.8M)
29.54% less ownership
Funds ownership: 59.69% → 30.16% (-30%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.55M |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$6.91M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.95M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.67M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.19M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.1M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.85M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.31M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
101
GSA Capital Partners
London,
United Kingdom
| – | -$109K | -10,109 | Closed |
|
102
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$38K | -3,576 | Closed |
|
103
Victory Capital Management
San Antonio,
Texas
| – | -$34K | -3,206 | Closed |
|
|
PCM
104
Prelude Capital Management
New York
| – | -$10K | -942 | Closed |
|
|
NFG
105
Next Financial Group
Houston,
Texas
| – | -$4K | -400 | Closed |
|
|
WAP
106
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$1K | -120 | Closed |
|
|
OSAM
107
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$138 | +9 | New |
|
FLGT Hedge Fund Activity: Q2 2020 in Review
86 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Fulgent Genetics (FLGT) for Q2 2020, worth a combined $106M — down 24% from $138M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FLGT positions and 21 closed out — a net gain of 13 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was BlackRock, adding an estimated $8.55M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $7.19M sold.
- 86 institutional investors held Fulgent Genetics (FLGT) as of Q2 2020, up from 75 in Q1 2020.
- Funds reported $106M of Fulgent Genetics stock for Q2 2020, down 24% quarter-over-quarter.
- 34 funds opened new Fulgent Genetics positions in Q2 2020 and 21 closed out, a net change of +13 holders.
- The largest Fulgent Genetics buyer in Q2 2020 was BlackRock, an estimated $8.55M added.
- The largest Fulgent Genetics seller in Q2 2020 was Driehaus Capital Management, an estimated $7.19M sold.
Based on aggregated 13F filings for Q2 2020.