MannKind Corp
MNKD
87 hedge funds and large institutions have $23.1M invested in MannKind Corp in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 34 closing their positions.
102% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $6.26M
2.74% less ownership
Funds ownership: 18.99% → 16.24% (-2.7%)
14% less capital invested
Capital invested by funds: $26.8M → $23.1M (-$3.68M)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
22% less funds holding
Funds holding: 111 → 87 (-24)
71% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$3.48M |
| 2 |
Millennium Management
New York
|
+$958K |
| 3 |
Goldman Sachs
New York
|
+$671K |
| 4 |
JP Morgan Chase
New York
|
+$653K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.55M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.27M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.16M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$664K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$551K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Principal Financial Group
Des Moines,
Iowa
| – | -$17K | -11,412 | Closed |
|
102
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$11K | -7,280 | Closed |
|
|
PCM
103
Prelude Capital Management
New York
| – | -$10K | -6,700 | Closed |
|
|
AIP
104
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$7K | -5,052 | Closed |
|
|
PVH
105
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$4K | -2,785 | Closed |
|
106
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$2K | -1,550 | Closed |
|
|
BKA
107
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$1K | -850 | Closed |
|
|
KF
108
Krilogy Financial
St. Louis,
Missouri
| – | -$1.03K | -800 | -80% |
|
|
CFN
109
Cordasco Financial Network
Naples,
Florida
| – | -$1K | -400 | Closed |
|
110
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$26 | +20 | New |
|
|
NFG
111
Next Financial Group
Houston,
Texas
| – | +$193 | +150 | New |
|
MNKD Hedge Fund Activity: Q2 2017 in Review
87 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q2 2017, worth a combined $23.1M — down 14% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MNKD and 10 opened new positions — a net loss of 24 holders — while 26 trimmed existing stakes and 21 added.
The largest buyer was Deerfield Management, opening a new position worth an estimated $3.48M. The largest seller was BlackRock, cutting an estimated $3.55M.
- 87 institutional investors held MannKind Corp (MNKD) as of Q2 2017, down from 111 in Q1 2017.
- Funds reported $23.1M of MannKind Corp stock for Q2 2017, down 14% quarter-over-quarter.
- 10 funds opened new MannKind Corp positions in Q2 2017 and 34 closed out, a net change of -24 holders.
- The largest MannKind Corp buyer in Q2 2017 was Deerfield Management, an estimated $3.48M added.
- The largest MannKind Corp seller in Q2 2017 was BlackRock, an estimated $3.55M sold.
Based on aggregated 13F filings for Q2 2017.