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Madrigal Pharmaceuticals

208 hedge funds and large institutions have $3.43B invested in Madrigal Pharmaceuticals in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 88 increasing their positions, 58 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more call options, than puts

Call options by funds: $440M | Put options by funds: $260M

52% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 58

4.73% more ownership

Funds ownership: 76.45%81.18% (+4.7%)

2% more capital invested

Capital invested by funds: $3.36B → $3.43B (+$70M)

7% less funds holding

Funds holding: 223208 (-15)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

28% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 47

Holders
208
Holders Change
-15
Holders Change %
-6.73%
% of All Funds
3.27%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.14%
New
34
Increased
88
Reduced
58
Closed
47
Calls
$440M
Puts
$260M
Net Calls
+$180M
Net Calls Change
-$55.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BBA
1
Baker Bros. Advisors
New York
$357M
ACA
2
Avoro Capital Advisors
New York
$350M -$41M -151,515 -9%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$343M +$300M +1,108,452 +295%
Vanguard Group
4
Vanguard Group
Pennsylvania
$339M +$12.8M +47,349 +3%
BlackRock
5
BlackRock
New York
$241M +$24.7M +91,027 +10%
State Street
6
State Street
Massachusetts
$126M +$6.49M +23,945 +5%
Assenagon Asset Management
7
Assenagon Asset Management
Luxembourg
$108M -$13.5M -49,822 -10%
Marshall Wace
8
Marshall Wace
United Kingdom
$106M -$22M -81,120 -15%
AllianceBernstein
9
AllianceBernstein
Tennessee
$85.7M +$94.1M +347,448 +1,468%
PC
10
Paulson & Co
New York
$80.9M +$94.9M +350,200 New
Fidelity Investments
11
Fidelity Investments
Massachusetts
$80.6M +$23.5M +86,600 +33%
O
12
OrbiMed
New York
$74.3M +$87.1M +321,569 New
PA
13
Perceptive Advisors
New York
$70M -$94.1M -347,575 -53%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$62.7M +$6.3M +23,262 +9%
Artisan Partners
15
Artisan Partners
Wisconsin
$53.2M +$3.88M +14,320 +7%
RI
16
RTW Investments
New York
$51.2M +$60M +221,562 New
RSCM
17
Rock Springs Capital Management
Maryland
$46M -$40.3M -148,903 -43%
PAMS
18
Pictet Asset Management (Switzerland)
Switzerland
$39.6M -$2.03M -7,485 -4%
TCM
19
TCG Crossover Management
California
$34.6M
AC
20
Armistice Capital
New York
$31.4M -$37.9M -140,000 -51%
Norges Bank
21
Norges Bank
Norway
$31.3M +$5.1M +18,816 +16%
Northern Trust
22
Northern Trust
Illinois
$28.3M +$2.47M +9,114 +8%
BC
23
Boxer Capital
California
$23.1M +$27.1M +100,000 New
Charles Schwab
24
Charles Schwab
California
$22.7M +$1.84M +6,796 +7%
AAA
25
Affinity Asset Advisors
New York
$21.4M -$135K -500 -0.5%

MDGL Hedge Fund Activity: Q2 2023 in Review

208 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Madrigal Pharmaceuticals (MDGL) for Q2 2023, worth a combined $3.43B — up 2.1% from $3.36B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of MDGL and 34 opened new positions — a net loss of 13 holders — while 58 trimmed existing stakes and 88 added.

The largest buyer was Janus Henderson Group, adding an estimated $300M. The largest seller was Perceptive Advisors, cutting an estimated $94.1M.

  • 208 institutional investors held Madrigal Pharmaceuticals (MDGL) as of Q2 2023, down from 223 in Q1 2023.
  • Funds reported $3.43B of Madrigal Pharmaceuticals stock for Q2 2023, up 2.1% quarter-over-quarter.
  • 34 funds opened new Madrigal Pharmaceuticals positions in Q2 2023 and 47 closed out, a net change of -13 holders.
  • The largest Madrigal Pharmaceuticals buyer in Q2 2023 was Janus Henderson Group, an estimated $300M added.
  • The largest Madrigal Pharmaceuticals seller in Q2 2023 was Perceptive Advisors, an estimated $94.1M sold.

Based on aggregated 13F filings for Q2 2023.