MacroGenics
MGNX
146 hedge funds and large institutions have $259M invested in MacroGenics in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 48 reducing their positions, and 43 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 48
6.69% less ownership
Funds ownership: 103.83% → 97.14% (-6.7%)
10% less funds holding
Funds holding: 163 → 146 (-17)
37% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 43
42% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $1.97M
73% less capital invested
Capital invested by funds: $954M → $259M (-$695M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$35.1M |
| 2 |
Millennium Management
New York
|
+$31.4M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$14.2M |
| 4 |
Two Sigma Investments
New York
|
+$11.8M |
| 5 |
Two Sigma Advisers
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Avoro Capital Advisors
New York
|
-$90.5M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$40.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$27.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.7M |
| 5 |
IHAM
Integral Health Asset Management
New York
|
-$7.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Allspring Global Investments
Charlotte,
North Carolina
| – | -$187K | -12,701 | Closed |
|
|
DFCM
177
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$175K | -11,892 | Closed |
|
|
QT
178
Quantbot Technologies
New York
| – | -$83.9K | -5,700 | Closed |
|
|
MLICM
179
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$48.4K | -3,285 | Closed |
|
|
EC
180
EntryPoint Capital
New York
| – | -$39.7K | -2,695 | Closed |
|
181
Pacer Advisors
Malvern,
Pennsylvania
| – | -$24.1K | -1,639 | Closed |
|
|
S
182
SignatureFD
Atlanta,
Georgia
| – | -$21.8K | -1,479 | Closed |
|
|
HT
183
Headlands Technologies
Chicago,
Illinois
| – | -$14.8K | -1,005 | Closed |
|
|
HMS
184
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$8.33K | -566 | Closed |
|
|
ATC
185
Adirondack Trust Company
Saratoga Springs,
New York
| – | -$4.33K | -294 | Closed |
|
|
AWM
186
Avior Wealth Management
Omaha,
Nebraska
| – | -$191 | -13 | Closed |
|
|
FGAM
187
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$100 | -6 | Closed |
|
MGNX Hedge Fund Activity: Q2 2024 in Review
146 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in MacroGenics (MGNX) for Q2 2024, worth a combined $259M — down 73% from $954M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MGNX and 27 opened new positions — a net loss of 16 holders — while 48 trimmed existing stakes and 52 added.
The largest buyer was Armistice Capital, adding an estimated $35.1M. The largest seller was Avoro Capital Advisors, exiting entirely with an estimated $90.5M sold.
- 146 institutional investors held MacroGenics (MGNX) as of Q2 2024, down from 163 in Q1 2024.
- Funds reported $259M of MacroGenics stock for Q2 2024, down 73% quarter-over-quarter.
- 27 funds opened new MacroGenics positions in Q2 2024 and 43 closed out, a net change of -16 holders.
- The largest MacroGenics buyer in Q2 2024 was Armistice Capital, an estimated $35.1M added.
- The largest MacroGenics seller in Q2 2024 was Avoro Capital Advisors, an estimated $90.5M sold.
Based on aggregated 13F filings for Q2 2024.