Incyte
INCY
397 hedge funds and large institutions have $16.4B invested in Incyte in 2016 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 141 increasing their positions, 136 reducing their positions, and 33 closing their positions.
88% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 33
63% more funds holding in top 10
Funds holding in top 10: 8 → 13 (+5)
34% more call options, than puts
Call options by funds: $117M | Put options by funds: $87.2M
17% more capital invested
Capital invested by funds: $14B → $16.4B (+$2.38B)
7% more funds holding
Funds holding: 370 → 397 (+27)
4% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 136
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$67.4M |
| 2 |
HM
HealthCor Management
New York
|
+$50.6M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$42.4M |
| 4 |
TCP
Tourbillon Capital Partners
New York
|
+$33.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$31.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$136M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$76.9M |
| 3 |
O
OrbiMed
New York
|
-$40M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Bessemer Group
Woodbridge,
New Jersey
| – | -$47K | -585 | Closed |
|
427
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18K | -217 | Closed |
|
|
WT
428
Whittier Trust
South Pasadena,
California
| – | -$16K | -200 | Closed |
|
|
OPERF
429
Oregon Public Employees Retirement Fund
Tigard,
Oregon
| – | -$8K | -100 | Closed |
|
INCY Hedge Fund Activity: Q3 2016 in Review
397 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Incyte (INCY) for Q3 2016, worth a combined $16.4B — up 17% from $14B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new INCY positions and 33 closed out — a net gain of 29 holders — while 141 added to existing stakes and 136 trimmed.
The largest buyer was Matrix Capital Management Company, adding an estimated $67.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $136M.
- 397 institutional investors held Incyte (INCY) as of Q3 2016, up from 370 in Q2 2016.
- Funds reported $16.4B of Incyte stock for Q3 2016, up 17% quarter-over-quarter.
- 62 funds opened new Incyte positions in Q3 2016 and 33 closed out, a net change of +29 holders.
- The largest Incyte buyer in Q3 2016 was Matrix Capital Management Company, an estimated $67.4M added.
- The largest Incyte seller in Q3 2016 was T. Rowe Price Associates, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2016.