Geron
GERN
133 hedge funds and large institutions have $171M invested in Geron in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 55 increasing their positions, 32 reducing their positions, and 28 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 32
4% less funds holding
Funds holding: 139 → 133 (-6)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
36% less capital invested
Capital invested by funds: $266M → $171M (-$95M)
52% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $3.16M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$81.6M |
| 2 |
State Street
Boston,
Massachusetts
|
+$29M |
| 3 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$13.5M |
| 4 |
RG
Redmile Group
San Francisco,
California
|
+$8.93M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$8.8M |
| 2 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$8M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$7.33M |
| 4 |
OM
Opaleye Management
Boston,
Massachusetts
|
-$6.5M |
| 5 |
JP Morgan Chase
New York
|
-$4.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
151
Tower Research Capital (TRC)
New York
| – | -$21K | -4,609 | Closed |
|
|
MFS
152
MSI Financial Services
Springfield,
Massachusetts
| – | -$11K | -2,751 | -99% |
|
|
BFEC
153
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$11K | -2,381 | Closed |
|
|
SFPIA
154
Stevens First Principles Investment Advisors
Newport Beach,
California
| – | -$7K | -1,587 | Closed |
|
|
PSC
155
Prentiss Smith & Co
Brattleboro,
Vermont
| – | -$5K | -1,058 | Closed |
|
156
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -635 | Closed |
|
|
SF
157
Synovus Financial
Columbus,
Georgia
| – | -$1K | -212 | Closed |
|
|
FAM
158
Formidable Asset Management
Cincinnati,
Ohio
| – | +$72 | +18 | New |
|
|
VIA
159
Vantage Investment Advisors
State College,
Pennsylvania
| – | +$379 | +95 | New |
|
GERN Hedge Fund Activity: Q1 2014 in Review
133 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Geron (GERN) for Q1 2014, worth a combined $171M — down 36% from $266M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of GERN and 22 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 55 added.
The largest buyer was Fidelity Investments, adding an estimated $81.6M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $8.8M sold.
- 133 institutional investors held Geron (GERN) as of Q1 2014, down from 139 in Q4 2013.
- Funds reported $171M of Geron stock for Q1 2014, down 36% quarter-over-quarter.
- 22 funds opened new Geron positions in Q1 2014 and 28 closed out, a net change of -6 holders.
- The largest Geron buyer in Q1 2014 was Fidelity Investments, an estimated $81.6M added.
- The largest Geron seller in Q1 2014 was Bogle Investment Management, an estimated $8.8M sold.
Based on aggregated 13F filings for Q1 2014.