MeiraGTx Holdings
MGTX
83 hedge funds and large institutions have $270M invested in MeiraGTx Holdings in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 16 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
8.95% more ownership
Funds ownership: 45.62% → 54.57% (+9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 85 → 83 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
19% less capital invested
Capital invested by funds: $334M → $270M (-$63.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JJIJ
Johnson & Johnson Innovation - JJDC
New Brunswick,
New Jersey
|
+$49M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$5.8M |
| 3 |
O
OrbiMed
New York
|
+$2.18M |
| 4 |
EC
EcoR1 Capital
San Francisco,
California
|
+$1.6M |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.77M |
| 2 |
Millennium Management
New York
|
-$1.64M |
| 3 |
Two Sigma Investments
New York
|
-$1.3M |
| 4 |
Squarepoint
New York
|
-$1.22M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$965K |
MGTX Hedge Fund Activity: Q1 2020 in Review
83 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in MeiraGTx Holdings (MGTX) for Q1 2020, worth a combined $270M — down 19% from $334M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MGTX and 14 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 32 added.
The largest buyer was Johnson & Johnson Innovation - JJDC, opening a new position worth an estimated $49M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $1.77M sold.
- 83 institutional investors held MeiraGTx Holdings (MGTX) as of Q1 2020, down from 85 in Q4 2019.
- Funds reported $270M of MeiraGTx Holdings stock for Q1 2020, down 19% quarter-over-quarter.
- 14 funds opened new MeiraGTx Holdings positions in Q1 2020 and 16 closed out, a net change of -2 holders.
- The largest MeiraGTx Holdings buyer in Q1 2020 was Johnson & Johnson Innovation - JJDC, an estimated $49M added.
- The largest MeiraGTx Holdings seller in Q1 2020 was Schonfeld Strategic Advisors, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2020.