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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
BCIM
101
British Columbia Investment Management
British Columbia, Canada
$988K
Squarepoint
102
Squarepoint
New York
$958K -$1.28M -26,494 -58%
KBC Group
103
KBC Group
Belgium
$926K -$102K -2,108 -10%
SAM
104
Storebrand Asset Management
Norway
$898K +$421K +8,682 +93%
Man Group
105
Man Group
United Kingdom
$871K -$265K -5,478 -24%
California State Teachers Retirement System (CalSTRS)
106
California State Teachers Retirement System (CalSTRS)
California
$865K +$196K +4,040 +30%
Public Sector Pension Investment Board (PSP Investments)
107
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$862K
VIA
108
Vident Investment Advisory
Georgia
$831K -$14.2K -294 -2%
HS
109
HighVista Strategies
Massachusetts
$809K +$785K +16,212 New
TC
110
TwinBeech Capital
New York
$797K +$774K +15,973 New
Parallax Volatility Advisers
111
Parallax Volatility Advisers
California
$777K -$192K -3,968 -20%
SSA
112
Schonfeld Strategic Advisors
New York
$689K -$325K -6,700 -33%
Aberdeen Group
113
Aberdeen Group
United Kingdom
$677K +$193K +3,990 +42%
US Bancorp
114
US Bancorp
Minnesota
$652K +$616K +12,708 +3,530%
State of New Jersey Common Pension Fund D
115
State of New Jersey Common Pension Fund D
New Jersey
$627K -$168K -3,466 -22%
Zurich Cantonal Bank
116
Zurich Cantonal Bank
Switzerland
$602K -$484 -10 -0.1%
State of Wisconsin Investment Board
117
State of Wisconsin Investment Board
Wisconsin
$582K
CIAS
118
Capital Investment Advisory Services
North Carolina
$547K +$24.2K +500 +5%
LCM
119
Legato Capital Management
California
$543K +$527K +10,869 New
DekaBank Deutsche Girozentrale
120
DekaBank Deutsche Girozentrale
Germany
$532K -$150K -3,098 -22%
MCM
121
Moore Capital Management
New York
$499K +$484K +10,000 New
National Pension Service
122
National Pension Service
South Korea
$486K -$37.1K -765 -7%
EAM
123
Erste Asset Management
Austria
$482K
Caisse de Depot et Placement du Quebec (CDPQ)
124
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$482K -$397K -8,200 -46%
SAM
125
Sectoral Asset Management
Quebec, Canada
$449K

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.