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Legend Biotech

61 hedge funds and large institutions have $723M invested in Legend Biotech in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

122% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 9

22% more funds holding

Funds holding: 5061 (+11)

0.35% more ownership

Funds ownership: 9.3%9.65% (+0.35%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 16

4% less capital invested

Capital invested by funds: $751M → $723M (-$27.8M)

Holders
61
Holders Change
+11
Holders Change %
+22%
% of All Funds
1.08%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
20
Increased
16
Reduced
16
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VC
1
Vivo Capital
California
$77.6M -$16.6M -575,262 -17%
Hudson Bay Capital Management
2
Hudson Bay Capital Management
Connecticut
$77M -$2.61M -90,600 -3%
RCM
3
RA Capital Management
Massachusetts
$67.8M
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$56.3M +$7.85M +272,733 +16%
CII
5
Capital International Inc
California
$54M -$2.94M -102,111 -5%
Federated Hermes
6
Federated Hermes
Pennsylvania
$52.1M +$22.5M +783,383 +73%
JJIJ
7
Johnson & Johnson Innovation - JJDC
New Jersey
$45.9M
AllianceBernstein
8
AllianceBernstein
Tennessee
$34.6M -$4.43M -153,980 -11%
Capital World Investors
9
Capital World Investors
California
$33.6M +$5.09M +176,860 +17%
Franklin Resources
10
Franklin Resources
California
$23.7M -$5.36M -186,119 -18%
MICM
11
Matthews International Capital Management
California
$21.8M -$5.57M -193,620 -20%
Capital International Investors
12
Capital International Investors
California
$19.5M
HA
13
HHLR Advisors
Cayman Islands
$18.3M
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$16.3M -$165K -5,731 -1%
WP
15
Woodline Partners
California
$12.1M +$12.4M +431,418 New
BG
16
Bellevue Group
Switzerland
$11.7M +$12M +416,341 New
Jennison Associates
17
Jennison Associates
New York
$9.05M +$5.35M +186,031 +137%
RSCM
18
Rock Springs Capital Management
Maryland
$8.71M +$1.65M +57,280 +23%
CIS
19
Capital International Sarl
California
$8.28M -$251K -8,720 -3%
FFM
20
FengHe Fund Management
Singapore
$7.58M +$7.75M +269,072 New
KBC Group
21
KBC Group
Belgium
$6.77M -$2.61M -90,594 -67%
AA
22
ALPS Advisors
Colorado
$6.72M +$6.87M +238,602 New
Citadel Advisors
23
Citadel Advisors
Florida
$6.66M -$1.97M -68,527 -22%
JCAM
24
Jericho Capital Asset Management
New York
$5.72M
YRHAM
25
Yong Rong (HK) Asset Management
Hong Kong
$5.58M +$4.41M +153,312 +341%

LEGN Hedge Fund Activity: Q4 2020 in Review

61 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Legend Biotech (LEGN) for Q4 2020, worth a combined $723M — down 3.7% from $751M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new LEGN positions and 9 closed out — a net gain of 11 holders — while 16 added to existing stakes and 16 trimmed.

The largest buyer was Federated Hermes, adding an estimated $22.5M. The largest seller was Vivo Capital, cutting an estimated $16.6M.

  • 61 institutional investors held Legend Biotech (LEGN) as of Q4 2020, up from 50 in Q3 2020.
  • Funds reported $723M of Legend Biotech stock for Q4 2020, down 3.7% quarter-over-quarter.
  • 20 funds opened new Legend Biotech positions in Q4 2020 and 9 closed out, a net change of +11 holders.
  • The largest Legend Biotech buyer in Q4 2020 was Federated Hermes, an estimated $22.5M added.
  • The largest Legend Biotech seller in Q4 2020 was Vivo Capital, an estimated $16.6M sold.

Based on aggregated 13F filings for Q4 2020.