Pulmonx
LUNG
110 hedge funds and large institutions have $988M invested in Pulmonx in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 39 increasing their positions, 27 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
44% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 27
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
8.93% more ownership
Funds ownership: 51.6% → 60.53% (+8.9%)
9% more funds holding
Funds holding: 101 → 110 (+9)
21% less capital invested
Capital invested by funds: $1.26B → $988M (-$269M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$34.6M |
| 2 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
+$34.4M |
| 3 |
DM
Deerfield Management
New York
|
+$27.2M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$27.1M |
| 5 |
Primecap Management
Pasadena,
California
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
-$26.6M |
| 2 |
KXA
KPCB XIII Associates
Menlo Park,
California
|
-$24.5M |
| 3 |
RG
Redmile Group
San Francisco,
California
|
-$19M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$15.5M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$145K | -2,100 | Closed |
|
|
QT
127
Quantbot Technologies
New York
| – | -$62K | -900 | Closed |
|
|
CSS
128
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$54K | -777 | Closed |
|
|
RPWA
129
Regent Peak Wealth Advisors
Atlanta,
Georgia
| – | -$3K | -40 | Closed |
|
LUNG Hedge Fund Activity: Q1 2021 in Review
110 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Pulmonx (LUNG) for Q1 2021, worth a combined $988M — down 21% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new LUNG positions and 20 closed out — a net gain of 9 holders — while 39 added to existing stakes and 27 trimmed.
The largest buyer was Stephens Inc, opening a new position worth an estimated $34.6M. The largest seller was Perceptive Advisors, exiting entirely with an estimated $26.6M sold.
- 110 institutional investors held Pulmonx (LUNG) as of Q1 2021, up from 101 in Q4 2020.
- Funds reported $988M of Pulmonx stock for Q1 2021, down 21% quarter-over-quarter.
- 29 funds opened new Pulmonx positions in Q1 2021 and 20 closed out, a net change of +9 holders.
- The largest Pulmonx buyer in Q1 2021 was Stephens Inc, an estimated $34.6M added.
- The largest Pulmonx seller in Q1 2021 was Perceptive Advisors, an estimated $26.6M sold.
Based on aggregated 13F filings for Q1 2021.