FS Development Corp. Class A Common Stock
FSDC
FSDC was delisted on the 5th of February, 2021.
35 hedge funds and large institutions have $116M invested in FS Development Corp. Class A Common Stock in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
13% more funds holding
Funds holding: 31 → 35 (+4)
4% less capital invested
Capital invested by funds: $121M → $116M (-$5.32M)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$7.27M |
| 2 |
SCM
Suvretta Capital Management
New York
|
+$5.67M |
| 3 |
JCM
JS Capital Management
New York
|
+$4.89M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$4.13M |
| 5 |
IC
Ikarian Capital
Dallas,
Texas
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$11.2M |
| 2 |
RCM
RA Capital Management
Boston,
Massachusetts
|
-$11.2M |
| 3 |
BlackRock
New York
|
-$8.46M |
| 4 |
VA
VR Adviser
New York
|
-$5.6M |
| 5 |
EC
EcoR1 Capital
San Francisco,
California
|
-$3.92M |
FSDC Hedge Fund Activity: Q4 2020 in Review
35 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FS Development Corp. Class A Common Stock (FSDC) for Q4 2020, worth a combined $116M — down 4.4% from $121M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FSDC positions and 11 closed out — a net gain of 4 holders — while 2 added to existing stakes and 7 trimmed.
The largest buyer was Opaleye Management, opening a new position worth an estimated $7.27M. The largest seller was Redmile Group, exiting entirely with an estimated $11.2M sold.
- 35 institutional investors held FS Development Corp. Class A Common Stock (FSDC) as of Q4 2020, up from 31 in Q3 2020.
- Funds reported $116M of FS Development Corp. Class A Common Stock stock for Q4 2020, down 4.4% quarter-over-quarter.
- 15 funds opened new FS Development Corp. Class A Common Stock positions in Q4 2020 and 11 closed out, a net change of +4 holders.
- The largest FS Development Corp. Class A Common Stock buyer in Q4 2020 was Opaleye Management, an estimated $7.27M added.
- The largest FS Development Corp. Class A Common Stock seller in Q4 2020 was Redmile Group, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2020.