LianBio American Depositary Shares
LIAN
LIAN was delisted on the 18th of March, 2024.
29 hedge funds and large institutions have $377M invested in LianBio American Depositary Shares in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 16 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
221% more capital invested
Capital invested by funds: $118M → $377M (+$260M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
24% less funds holding
Funds holding: 38 → 29 (-9)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
+$26M |
| 2 |
AAA
Affinity Asset Advisors
New York
|
+$10.7M |
| 3 |
BlackRock
New York
|
+$2M |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$403K |
| 5 |
TCM
Tybourne Capital Management
Hong Kong
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.87M |
| 2 |
Citigroup
New York
|
-$918K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$757K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$573K |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$532K |
LIAN Hedge Fund Activity: Q4 2023 in Review
29 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in LianBio American Depositary Shares (LIAN) for Q4 2023, worth a combined $377M — up 221% from $118M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of LIAN and 8 opened new positions — a net loss of 8 holders — while 3 trimmed existing stakes and 11 added.
The largest buyer was Tang Capital Management, adding an estimated $26M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $3.87M sold.
- 29 institutional investors held LianBio American Depositary Shares (LIAN) as of Q4 2023, down from 38 in Q3 2023.
- Funds reported $377M of LianBio American Depositary Shares stock for Q4 2023, up 221% quarter-over-quarter.
- 8 funds opened new LianBio American Depositary Shares positions in Q4 2023 and 16 closed out, a net change of -8 holders.
- The largest LianBio American Depositary Shares buyer in Q4 2023 was Tang Capital Management, an estimated $26M added.
- The largest LianBio American Depositary Shares seller in Q4 2023 was T. Rowe Price Associates, an estimated $3.87M sold.
Based on aggregated 13F filings for Q4 2023.