Incyte
INCY
586 hedge funds and large institutions have $12.4B invested in Incyte in 2024 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 203 reducing their positions, and 52 closing their positions.
71% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 52
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more funds holding
Funds holding: 556 → 586 (+30)
6% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 203
2.17% less ownership
Funds ownership: 99.03% → 96.86% (-2.2%)
11% less capital invested
Capital invested by funds: $13.9B → $12.4B (-$1.57B)
38% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $37.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$117M |
| 2 |
SI
Sofinnova Investments
Menlo Park,
California
|
+$61.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$38.6M |
| 4 |
KBC Group
Brussels,
Belgium
|
+$35M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
+$26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$227M |
| 2 |
BlackRock
New York
|
-$63.5M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$60.7M |
| 4 |
Two Sigma Investments
New York
|
-$51.5M |
| 5 |
Millennium Management
New York
|
-$45.7M |
INCY Hedge Fund Activity: Q1 2024 in Review
586 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Incyte (INCY) for Q1 2024, worth a combined $12.4B — down 11% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new INCY positions and 52 closed out — a net gain of 37 holders — while 216 added to existing stakes and 203 trimmed.
The largest buyer was Armistice Capital, adding an estimated $117M. The largest seller was Morgan Stanley, cutting an estimated $227M.
- 586 institutional investors held Incyte (INCY) as of Q1 2024, up from 556 in Q4 2023.
- Funds reported $12.4B of Incyte stock for Q1 2024, down 11% quarter-over-quarter.
- 89 funds opened new Incyte positions in Q1 2024 and 52 closed out, a net change of +37 holders.
- The largest Incyte buyer in Q1 2024 was Armistice Capital, an estimated $117M added.
- The largest Incyte seller in Q1 2024 was Morgan Stanley, an estimated $227M sold.
Based on aggregated 13F filings for Q1 2024.