MannKind Corp
MNKD
124 hedge funds and large institutions have $53.6M invested in MannKind Corp in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 21 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
4.31% less ownership
Funds ownership: 28.84% → 24.52% (-4.3%)
6% less funds holding
Funds holding: 132 → 124 (-8)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
30% less capital invested
Capital invested by funds: $76.9M → $53.6M (-$23.3M)
32% less call options, than puts
Call options by funds: $532K | Put options by funds: $783K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.37M |
| 2 |
Millennium Management
New York
|
+$929K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$908K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$697K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$4.78M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$3.93M |
| 3 |
BC
Bruce & Co
Chicago,
Illinois
|
-$1.62M |
| 4 |
SCM
Scopia Capital Management
New York
|
-$1.16M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$733K |
MNKD Hedge Fund Activity: Q1 2020 in Review
124 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q1 2020, worth a combined $53.6M — down 30% from $76.9M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MNKD and 15 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 38 added.
The largest buyer was Fidelity Investments, adding an estimated $2.37M. The largest seller was CVI Holdings, exiting entirely with an estimated $4.78M sold.
- 124 institutional investors held MannKind Corp (MNKD) as of Q1 2020, down from 132 in Q4 2019.
- Funds reported $53.6M of MannKind Corp stock for Q1 2020, down 30% quarter-over-quarter.
- 15 funds opened new MannKind Corp positions in Q1 2020 and 21 closed out, a net change of -6 holders.
- The largest MannKind Corp buyer in Q1 2020 was Fidelity Investments, an estimated $2.37M added.
- The largest MannKind Corp seller in Q1 2020 was CVI Holdings, an estimated $4.78M sold.
Based on aggregated 13F filings for Q1 2020.