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Legend Biotech

170 hedge funds and large institutions have $3.18B invested in Legend Biotech in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 58 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $32.8M | Put options by funds: $9.27M

65% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 17

20% more capital invested

Capital invested by funds: $2.64B → $3.18B (+$540M)

7% more funds holding

Funds holding: 159170 (+11)

2% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 58

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.06% less ownership

Funds ownership: 20.16%19.1% (-1.1%)

Holders
170
Holders Change
+11
Holders Change %
+6.92%
% of All Funds
2.73%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
28
Increased
59
Reduced
58
Closed
17
Calls
$32.8M
Puts
$9.27M
Net Calls
+$23.5M
Net Calls Change
-$13M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$23.6M -$2.05M -42,333 -8%
Barclays
27
Barclays
United Kingdom
$23.6M +$8.29M +171,042 +57%
BA
28
Bridgewater Associates
Connecticut
$22.6M -$7.93M -163,727 -27%
RSCM
29
Rock Springs Capital Management
Maryland
$22.5M
Franklin Resources
30
Franklin Resources
California
$22.4M +$9.93K +205 +0%
Canada Pension Plan Investment Board
31
Canada Pension Plan Investment Board
Ontario, Canada
$20.6M +$67.8K +1,400 +0.3%
D.E. Shaw & Co
32
D.E. Shaw & Co
New York
$20.1M -$5.35M -110,392 -22%
NIP
33
Nicholas Investment Partners
California
$19.9M -$18K -371 -0.1%
Lord, Abbett & Co
34
Lord, Abbett & Co
New Jersey
$19.9M +$560K +11,562 +3%
Millennium Management
35
Millennium Management
New York
$18M -$15.9M -327,581 -48%
BG
36
Bellevue Group
Switzerland
$17.7M -$13.1M -270,672 -43%
First Trust Advisors
37
First Trust Advisors
Illinois
$16.3M +$3.7M +76,315 +30%
SC
38
Samlyn Capital
New York
$14M -$29.6M -611,922 -69%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$13.5M +$552K +11,385 +4%
Morgan Stanley
40
Morgan Stanley
New York
$13.2M +$1.23M +25,338 +11%
VC
41
Vivo Capital
California
$12.2M
Ameriprise
42
Ameriprise
Minnesota
$12M -$2.88M -59,446 -20%
Bank of America
43
Bank of America
North Carolina
$11.8M -$7.62M -157,226 -40%
PAMP
44
Polar Asset Management Partners
Ontario, Canada
$11.5M -$4.84K -100 -0%
Legal & General Group
45
Legal & General Group
United Kingdom
$11.2M +$448K +9,252 +4%
Goldman Sachs
46
Goldman Sachs
New York
$10.3M -$17M -350,255 -63%
UBS AM
47
UBS AM
Illinois
$9.11M -$15.1M -312,379 -63%
Deutsche Bank
48
Deutsche Bank
Germany
$7.49M -$3.1M -63,900 -30%
Bank of New York Mellon
49
Bank of New York Mellon
New York
$7.3M +$4.63M +95,614 +189%
SG Americas Securities
50
SG Americas Securities
New York
$7.13M +$255K +5,266 +4%

LEGN Hedge Fund Activity: Q4 2022 in Review

170 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Legend Biotech (LEGN) for Q4 2022, worth a combined $3.18B — up 20% from $2.64B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new LEGN positions and 17 closed out — a net gain of 11 holders — while 59 added to existing stakes and 58 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $124M. The largest seller was Janus Henderson Group, cutting an estimated $90.9M.

  • 170 institutional investors held Legend Biotech (LEGN) as of Q4 2022, up from 159 in Q3 2022.
  • Funds reported $3.18B of Legend Biotech stock for Q4 2022, up 20% quarter-over-quarter.
  • 28 funds opened new Legend Biotech positions in Q4 2022 and 17 closed out, a net change of +11 holders.
  • The largest Legend Biotech buyer in Q4 2022 was Fidelity Investments, an estimated $124M added.
  • The largest Legend Biotech seller in Q4 2022 was Janus Henderson Group, an estimated $90.9M sold.

Based on aggregated 13F filings for Q4 2022.