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Madrigal Pharmaceuticals

135 hedge funds and large institutions have $1.19B invested in Madrigal Pharmaceuticals in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

131% more call options, than puts

Call options by funds: $79.4M | Put options by funds: $34.3M

61% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 31

17% more capital invested

Capital invested by funds: $1.01B → $1.19B (+$174M)

3.02% more ownership

Funds ownership: 58.36%61.37% (+3%)

0% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 23

1% less funds holding

Funds holding: 136135 (-1)

Holders
135
Holders Change
-1
Holders Change %
-0.74%
% of All Funds
2.92%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.06%
New
23
Increased
50
Reduced
31
Closed
23
Calls
$79.4M
Puts
$34.3M
Net Calls
+$45.1M
Net Calls Change
-$34M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$208M
BBA
2
Baker Bros. Advisors
New York
$146M
HM
3
HealthCor Management
New York
$112M +$25.2M +203,100 +29%
Vanguard Group
4
Vanguard Group
Pennsylvania
$97.9M +$4.26M +34,300 +5%
State Street
5
State Street
Massachusetts
$70.9M -$4.23M -34,065 -6%
BlackRock
6
BlackRock
New York
$65.5M -$1.3M -10,470 -2%
AC
7
Armistice Capital
New York
$53.2M +$52.8M +425,000 New
Jennison Associates
8
Jennison Associates
New York
$39M +$3.72M +29,949 +11%
ACA
9
Avoro Capital Advisors
New York
$38.8M +$10.6M +85,000 +38%
AllianceBernstein
10
AllianceBernstein
Tennessee
$38.8M +$431K +3,471 +1%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$32.8M +$64.4K +518 +0.2%
RSCM
12
Rock Springs Capital Management
Maryland
$32M +$1.77M +14,250 +6%
MWNA
13
Marshall Wace North America
New York
$17.7M +$17.6M +141,301 New
Goldman Sachs
14
Goldman Sachs
New York
$15.3M +$4.27M +34,378 +39%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$12.5M +$1.13M +9,057 +10%
Northern Trust
16
Northern Trust
Illinois
$12.1M +$155K +1,247 +1%
FCM
17
Frontier Capital Management
Massachusetts
$11M +$477K +3,835 +5%
Norges Bank
18
Norges Bank
Norway
$10.3M
Wellington Management Group
19
Wellington Management Group
Massachusetts
$8.75M -$196K -1,576 -2%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$7.3M +$5.59M +45,008 +339%
CCI
21
Columbus Circle Investors
$6.87M -$135K -1,086 -2%
PC
22
Polar Capital
United Kingdom
$6.26M -$3.11M -25,000 -33%
Charles Schwab
23
Charles Schwab
California
$5.62M +$317K +2,553 +6%
SAM
24
Sectoral Asset Management
Quebec, Canada
$5.32M +$1.74M +14,000 +49%
Bank of America
25
Bank of America
North Carolina
$5.25M +$4.28M +34,427 +461%

MDGL Hedge Fund Activity: Q1 2019 in Review

135 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Madrigal Pharmaceuticals (MDGL) for Q1 2019, worth a combined $1.19B — up 17% from $1.01B a quarter earlier.

Fund positioning in MDGL was balanced in Q1 2019: 23 funds opened new positions, 23 closed out, 50 added to existing stakes and 31 trimmed.

The largest buyer was Armistice Capital, opening a new position worth an estimated $52.8M. The largest seller was JP Morgan Chase, cutting an estimated $48.3M.

  • 135 institutional investors held Madrigal Pharmaceuticals (MDGL) as of Q1 2019, down from 136 in Q4 2018.
  • Funds reported $1.19B of Madrigal Pharmaceuticals stock for Q1 2019, up 17% quarter-over-quarter.
  • 23 funds opened new Madrigal Pharmaceuticals positions in Q1 2019 and 23 closed out, a net change of 0 holders.
  • The largest Madrigal Pharmaceuticals buyer in Q1 2019 was Armistice Capital, an estimated $52.8M added.
  • The largest Madrigal Pharmaceuticals seller in Q1 2019 was JP Morgan Chase, an estimated $48.3M sold.

Based on aggregated 13F filings for Q1 2019.