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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
Fidelity Investments
1
Fidelity Investments
Massachusetts
$756M +$124M +2,563,545 +20%
HA
2
HHLR Advisors
Cayman Islands
$256M
BlackRock
3
BlackRock
New York
$194M +$7.07M +146,025 +4%
RCM
4
RA Capital Management
Massachusetts
$122M +$4.73M +97,613 +4%
Capital World Investors
5
Capital World Investors
California
$119M +$15.5K +319 +0%
Federated Hermes
6
Federated Hermes
Pennsylvania
$117M
Capital International Investors
7
Capital International Investors
California
$108M -$34.6M -713,286 -25%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$92.2M -$90.9M -1,877,106 -50%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$90.5M +$7.74M +159,785 +10%
JJ
10
Johnson & Johnson
New Jersey
$81.3M
AllianceBernstein
11
AllianceBernstein
Tennessee
$64.5M -$11.8M -244,573 -16%
MICM
12
Matthews International Capital Management
California
$58.5M -$14.3M -294,685 -20%
Artisan Partners
13
Artisan Partners
Wisconsin
$53.2M -$16.5M -341,244 -24%
PCH
14
Polar Capital Holdings
United Kingdom
$53M +$332K +6,850 +0.6%
PBA
15
Paradigm Biocapital Advisors
New York
$52.7M -$1.05M -21,721 -2%
ACH
16
ArrowMark Colorado Holdings
Colorado
$51.7M +$909K +18,753 +2%
Massachusetts Financial Services
17
Massachusetts Financial Services
Massachusetts
$51.1M +$49.6M +1,024,009 New
APM
18
Avidity Partners Management
Texas
$48.4M +$47M +970,000 New
TCM
19
TimesSquare Capital Management
New York
$47.2M +$252K +5,200 +0.6%
State Street
20
State Street
Massachusetts
$40M +$1.67M +34,548 +5%
FCM
21
Farallon Capital Management
California
$37.3M +$24.7M +508,900 +214%
B
22
Braidwell
Connecticut
$32.9M +$31.9M +658,101 New
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$32.7M -$62K -1,279 -0.2%
CII
24
Capital International Inc
California
$28M -$33.1M -683,485 -55%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$25.4M +$270K +5,579 +1%

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.