HUTCHMED
126 hedge funds and large institutions have $792M invested in HUTCHMED in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 11 closing their positions.
273% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 11
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
30% more funds holding
Funds holding: 97 → 126 (+29)
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
27% less capital invested
Capital invested by funds: $1.09B → $792M (-$296M)
37.21% less ownership
Funds ownership: 42.58% → 5.36% (-37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$106M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$37.5M |
| 3 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
+$31.5M |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
+$25.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$53.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.27M |
| 3 |
JP Morgan Chase
New York
|
-$3.83M |
| 4 |
BlackRock
New York
|
-$3.74M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$3.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
First Trust Advisors
Wheaton,
Illinois
| – | -$668K | -21,846 | Closed |
|
127
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$416K | -13,600 | Closed |
|
128
Nomura Holdings
Tokyo,
Japan
| – | -$349K | -11,400 | Closed |
|
|
XK
129
Xact Kapitalforvaltning
Stockholm,
Sweden
| – | -$294K | -9,600 | Closed |
|
130
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$274K | -8,948 | Closed |
|
131
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
| – | -$246K | -8,060 | Closed |
|
132
Comerica Bank
Dallas,
Texas
| – | -$235K | -7,465 | Closed |
|
133
VOYA Investment Management
Atlanta,
Georgia
| – | -$202K | -6,615 | Closed |
|
|
PCG
134
Private Capital Group
West Hartford,
Connecticut
| – | -$22K | -716 | Closed |
|
|
MNBTD
135
Moody National Bank Trust Division
Galveston,
Texas
| – | -$14K | -462 | Closed |
|
|
WAM
136
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -23 | Closed |
|
HCM Hedge Fund Activity: Q2 2019 in Review
126 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in HUTCHMED (HCM) for Q2 2019, worth a combined $792M — down 27% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new HCM positions and 11 closed out — a net gain of 30 holders — while 36 added to existing stakes and 29 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $106M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $53.4M.
- 126 institutional investors held HUTCHMED (HCM) as of Q2 2019, up from 97 in Q1 2019.
- Funds reported $792M of HUTCHMED stock for Q2 2019, down 27% quarter-over-quarter.
- 41 funds opened new HUTCHMED positions in Q2 2019 and 11 closed out, a net change of +30 holders.
- The largest HUTCHMED buyer in Q2 2019 was Invesco, an estimated $106M added.
- The largest HUTCHMED seller in Q2 2019 was BNP Paribas Financial Markets, an estimated $53.4M sold.
Based on aggregated 13F filings for Q2 2019.