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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
TRCT
151
Tower Research Capital (TRC)
New York
$68K -$133K -2,746 -67%
ADL
152
Asset Dedication LLC
California
$38K
CG
153
Cutler Group
California
$34K +$33.7K +696 New
Lazard Asset Management
154
Lazard Asset Management
New York
$33K +$33.4K +689 New
CUAMC
155
China Universal Asset Management Company
China
$32.8K +$7.7K +159 +32%
AIG
156
American International Group
New York
$30K
GWS
157
Glassman Wealth Services
Virginia
$21.1K +$3.73K +77 +22%
PNC Financial Services Group
158
PNC Financial Services Group
Pennsylvania
$17K -$484 -10 -3%
Daiwa Securities Group
159
Daiwa Securities Group
Japan
$13K +$3K +62 +31%
BIA
160
Bell Investment Advisors
California
$10.7K +$3.34K +69 +47%
FHA
161
First Horizon Advisors
Tennessee
$10.3K +$388 +8 +4%
S
162
SignatureFD
Georgia
$7.49K
Carson Wealth (CWM LLC)
163
Carson Wealth (CWM LLC)
Nebraska
$5K +$2.08K +43 +70%
BTI
164
Blue Trust Inc
Georgia
$5K +$5.23K +108 New
TWA
165
TCI Wealth Advisors
Arizona
$3.74K +$3.63K +75 New
AssetMark Inc
166
AssetMark Inc
California
$3.64K -$872 -18 -20%
Osaic Holdings
167
Osaic Holdings
Arizona
$1K -$2.42K -50 -81%
Royal Bank of Canada
168
Royal Bank of Canada
Ontario, Canada
$1K
QCG
169
Quadrant Capital Group
Ohio
$649 +$242 +5 +63%
Wells Fargo
170
Wells Fargo
California
$499
Adage Capital Partners
171
Adage Capital Partners
Massachusetts
-$23.6M -579,052 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
172
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$18.6M -457,101 Closed
SCM
173
Suvretta Capital Management
New York
-$11.2M -274,200 Closed
Mackenzie Financial
174
Mackenzie Financial
Ontario, Canada
-$7.02M -172,049 Closed
Point72 Asset Management
175
Point72 Asset Management
Connecticut
-$4.37M -107,000 Closed

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.