HUTCHMED
39 hedge funds and large institutions have $516M invested in HUTCHMED in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 6 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $470M → $516M (+$46.1M)
3% more funds holding
Funds holding: 38 → 39 (+1)
0.69% more ownership
Funds ownership: 23.41% → 24.1% (+0.69%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
+$15.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.79M |
| 3 |
Millennium Management
New York
|
+$5.68M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.19M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPC
Karst Peak Capital
Hong Kong
|
-$15M |
| 2 |
JP Morgan Chase
New York
|
-$9.07M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$5.66M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.33M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.65M |
HCM Hedge Fund Activity: Q3 2018 in Review
39 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in HUTCHMED (HCM) for Q3 2018, worth a combined $516M — up 9.8% from $470M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HCM positions and 6 closed out — a net gain of 1 holder — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Sands Capital Management, opening a new position worth an estimated $15.5M. The largest seller was Karst Peak Capital, cutting an estimated $15M.
- 39 institutional investors held HUTCHMED (HCM) as of Q3 2018, up from 38 in Q2 2018.
- Funds reported $516M of HUTCHMED stock for Q3 2018, up 9.8% quarter-over-quarter.
- 7 funds opened new HUTCHMED positions in Q3 2018 and 6 closed out, a net change of +1 holder.
- The largest HUTCHMED buyer in Q3 2018 was Sands Capital Management, an estimated $15.5M added.
- The largest HUTCHMED seller in Q3 2018 was Karst Peak Capital, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2018.