Korro Bio
KRRO
68 hedge funds and large institutions have $382M invested in Korro Bio in 2020 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 28 increasing their positions, 4 reducing their positions, and 9 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 4
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
70% more capital invested
Capital invested by funds: $225M → $382M (+$157M)
33% more funds holding
Funds holding: 51 → 68 (+17)
0.25% more ownership
Funds ownership: 0.82% → 1.07% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$17M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.4M |
| 4 |
State Street
Boston,
Massachusetts
|
+$6.23M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$16.8M |
| 2 |
BBA
Baker Bros. Advisors
New York
|
-$4.24M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.05M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$497K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$305K |
KRRO Hedge Fund Activity: Q2 2020 in Review
68 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Korro Bio (KRRO) for Q2 2020, worth a combined $382M — up 70% from $225M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new KRRO positions and 9 closed out — a net gain of 17 holders — while 28 added to existing stakes and 4 trimmed.
The largest buyer was BlackRock, adding an estimated $22.7M. The largest seller was Deerfield Management, exiting entirely with an estimated $16.8M sold.
- 68 institutional investors held Korro Bio (KRRO) as of Q2 2020, up from 51 in Q1 2020.
- Funds reported $382M of Korro Bio stock for Q2 2020, up 70% quarter-over-quarter.
- 26 funds opened new Korro Bio positions in Q2 2020 and 9 closed out, a net change of +17 holders.
- The largest Korro Bio buyer in Q2 2020 was BlackRock, an estimated $22.7M added.
- The largest Korro Bio seller in Q2 2020 was Deerfield Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2020.