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FWP

Forward Pharma A/S American Depositary Shares

Delisted

FWP was delisted on the 27th of December, 2022.

24 hedge funds and large institutions have $206M invested in Forward Pharma A/S American Depositary Shares in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less capital invested

Capital invested by funds: $225M → $206M (-$18.7M)

25% less funds holding

Funds holding: 3224 (-8)

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

57% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 14

Holders
24
Holders Change
-8
Holders Change %
-25%
% of All Funds
0.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
5
Reduced
7
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$129M +$15.7M +112,664 +14%
BI
2
BVF Inc
California
$28.2M
AIM
3
Assured Investment Management
New York
$27M +$3.97M +28,571 +15%
SAM
4
Senzar Asset Management
New York
$13.3M +$3.58M +25,743 +38%
PA
5
Perceptive Advisors
New York
$3.96M -$3.17M -22,789 -45%
AA
6
ALPS Advisors
Colorado
$866K +$846K +6,084 New
RPAM
7
Rhenman & Partners Asset Management
Sweden
$744K +$727K +5,226 New
FIM
8
Freedom Investment Management
Connecticut
$410K +$81.5K +586 +26%
HCMT
9
Highland Capital Management (Texas)
Texas
$346K -$1.24M -8,942 -79%
DS
10
DRW Securities
Illinois
$346K -$43.7K -314 -11%
NSEDCP
11
NJ State Employees Deferred Compensation Plan
New Jersey
$305K
Morgan Stanley
12
Morgan Stanley
New York
$266K -$402K -2,887 -61%
CI
13
Cowen Inc
New York
$225K +$220K +1,584 New
OAM
14
Oxford Asset Management
United Kingdom
$210K +$205K +1,472 New
AllianceBernstein
15
AllianceBernstein
Tennessee
$203K +$199K +1,429 New
AG
16
Advisor Group
Arizona
$56K +$19.3K +139 +55%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$47K -$57.2K -411 -56%
AIM
18
Acrospire Investment Management
Illinois
$19K -$2.64K -19 -12%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$6K -$974 -7 -13%
TRCT
20
Tower Research Capital (TRC)
New York
$6K
UBS Group
21
UBS Group
Switzerland
$4K
PCM
22
Prelude Capital Management
New York
$2K +$1.95K +14 New
Creative Planning
23
Creative Planning
Kansas
$1K
CAM
24
Cormorant Asset Management
Massachusetts
-$12.7M -84,168 Closed
TCM
25
Tekla Capital Management
Massachusetts
-$2.64M -17,548 Closed

FWP Hedge Fund Activity: Q2 2017 in Review

24 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Forward Pharma A/S American Depositary Shares (FWP) for Q2 2017, worth a combined $206M — down 8.3% from $225M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FWP and 6 opened new positions — a net loss of 8 holders — while 7 trimmed existing stakes and 5 added.

The largest buyer was Baupost Group, adding an estimated $15.7M. The largest seller was Cormorant Asset Management, exiting entirely with an estimated $12.7M sold.

  • 24 institutional investors held Forward Pharma A/S American Depositary Shares (FWP) as of Q2 2017, down from 32 in Q1 2017.
  • Funds reported $206M of Forward Pharma A/S American Depositary Shares stock for Q2 2017, down 8.3% quarter-over-quarter.
  • 6 funds opened new Forward Pharma A/S American Depositary Shares positions in Q2 2017 and 14 closed out, a net change of -8 holders.
  • The largest Forward Pharma A/S American Depositary Shares buyer in Q2 2017 was Baupost Group, an estimated $15.7M added.
  • The largest Forward Pharma A/S American Depositary Shares seller in Q2 2017 was Cormorant Asset Management, an estimated $12.7M sold.

Based on aggregated 13F filings for Q2 2017.