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Galectin Therapeutics

75 hedge funds and large institutions have $31.1M invested in Galectin Therapeutics in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more capital invested

Capital invested by funds: $19M → $31.1M (+$12.1M)

62% more call options, than puts

Call options by funds: $442K | Put options by funds: $273K

41% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 17

0.84% more ownership

Funds ownership: 16.98%17.82% (+0.84%)

3% less funds holding

Funds holding: 7775 (-2)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
75
Holders Change
-2
Holders Change %
-2.6%
% of All Funds
1.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
24
Reduced
17
Closed
9
Calls
$442K
Puts
$273K
Net Calls
+$169K
Net Calls Change
+$56K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$7.69M -$98.5K -39,159 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$5.7M +$70.6K +28,080 +2%
Osaic Holdings
3
Osaic Holdings
Arizona
$3.1M +$373K +148,155 +17%
DADC
4
D.A. Davidson & Co
Montana
$2.6M +$32.3K +12,836 +2%
State Street
5
State Street
Massachusetts
$2.11M +$61.1K +24,300 +4%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$1.82M +$81.3K +32,332 +6%
Northern Trust
7
Northern Trust
Illinois
$1.51M -$57.1K -22,685 -4%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$621K -$4.77K -1,897 -0.9%
CCB
9
Cutter & Co Brokerage
Missouri
$565K +$465K +184,742 New
N
10
Nuveen
North Carolina
$556K +$131K +51,921 +40%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$382K +$24.9K +9,895 +9%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$344K -$4.42K -1,758 -2%
Charles Schwab
13
Charles Schwab
California
$285K +$1.25K +495 +0.5%
Neuberger Berman Group
14
Neuberger Berman Group
New York
$243K
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$241K +$198K +78,823 New
Two Sigma Investments
16
Two Sigma Investments
New York
$233K +$149K +59,258 +350%
Wells Fargo
17
Wells Fargo
California
$209K +$56.1K +22,288 +49%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$208K
Morgan Stanley
19
Morgan Stanley
New York
$199K +$24.4K +9,681 +17%
California State Teachers Retirement System (CalSTRS)
20
California State Teachers Retirement System (CalSTRS)
California
$193K
SWP
21
Stratos Wealth Partners
Ohio
$127K
GWM
22
Geneos Wealth Management
Colorado
$108K -$11.9K -4,733 -11%
RhumbLine Advisers
23
RhumbLine Advisers
Massachusetts
$97K +$2.52K +1,001 +3%
MML Investors Services
24
MML Investors Services
Massachusetts
$87K
LPL Financial
25
LPL Financial
California
$86K +$4.33K +1,722 +6%

GALT Hedge Fund Activity: Q2 2020 in Review

75 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Galectin Therapeutics (GALT) for Q2 2020, worth a combined $31.1M — up 64% from $19M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of GALT and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 24 added.

The largest buyer was Cutter & Co Brokerage, opening a new position worth an estimated $465K. The largest seller was BT Wealth Management, exiting entirely with an estimated $118K sold.

  • 75 institutional investors held Galectin Therapeutics (GALT) as of Q2 2020, down from 77 in Q1 2020.
  • Funds reported $31.1M of Galectin Therapeutics stock for Q2 2020, up 64% quarter-over-quarter.
  • 8 funds opened new Galectin Therapeutics positions in Q2 2020 and 9 closed out, a net change of -1 holder.
  • The largest Galectin Therapeutics buyer in Q2 2020 was Cutter & Co Brokerage, an estimated $465K added.
  • The largest Galectin Therapeutics seller in Q2 2020 was BT Wealth Management, an estimated $118K sold.

Based on aggregated 13F filings for Q2 2020.