Incyte
INCY
550 hedge funds and large institutions have $15.8B invested in Incyte in 2023 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 246 increasing their positions, 158 reducing their positions, and 73 closing their positions.
86% more call options, than puts
Call options by funds: $45.5M | Put options by funds: $24.5M
56% more repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 158
3.04% more ownership
Funds ownership: 94.75% → 97.79% (+3%)
3% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 73
1% less funds holding
Funds holding: 558 → 550 (-8)
6% less capital invested
Capital invested by funds: $16.9B → $15.8B (-$1.06B)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$252M |
| 2 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$109M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$104M |
| 4 |
Renaissance Technologies
New York
|
+$80.9M |
| 5 |
BlackRock
New York
|
+$62.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$586M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$79M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$37M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$29M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$26.3M |
INCY Hedge Fund Activity: Q1 2023 in Review
550 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Incyte (INCY) for Q1 2023, worth a combined $15.8B — down 6.3% from $16.9B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of INCY and 71 opened new positions — a net loss of 2 holders — while 158 trimmed existing stakes and 246 added.
The largest buyer was Royal Bank of Canada, adding an estimated $252M. The largest seller was Wellington Management Group, cutting an estimated $586M.
- 550 institutional investors held Incyte (INCY) as of Q1 2023, down from 558 in Q4 2022.
- Funds reported $15.8B of Incyte stock for Q1 2023, down 6.3% quarter-over-quarter.
- 71 funds opened new Incyte positions in Q1 2023 and 73 closed out, a net change of -2 holders.
- The largest Incyte buyer in Q1 2023 was Royal Bank of Canada, an estimated $252M added.
- The largest Incyte seller in Q1 2023 was Wellington Management Group, an estimated $586M sold.
Based on aggregated 13F filings for Q1 2023.