MannKind Corp
MNKD
153 hedge funds and large institutions have $147M invested in MannKind Corp in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 45 reducing their positions, and 33 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 45
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 173 → 153 (-20)
12% less capital invested
Capital invested by funds: $167M → $147M (-$20.4M)
30% less call options, than puts
Call options by funds: $30.9M | Put options by funds: $44M
58% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
ISZO Capital Management
New York
|
+$1.13M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.12M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.11M |
| 4 |
Morgan Stanley
New York
|
+$935K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$11.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.95M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.68M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.12M |
| 5 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$958K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFP
176
Ausdal Financial Partners
Davenport,
Iowa
| – | -$4K | -500 | Closed |
|
|
AIA
177
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$1K | -200 | Closed |
|
|
TJHA
178
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$1K | -200 | Closed |
|
|
MA
179
MUFG Americas
New York
| – | -$1K | -120 | Closed |
|
|
ST
180
Spot Trading
Chicago,
Illinois
| – | -$686 | -120 | Closed |
|
|
CCS
181
Crosspoint Capital Strategies
Orinda,
California
| – | -$3K | -113 | Closed |
|
182
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -70 | Closed |
|
|
ES
183
Equitec Specialists
Chicago,
Illinois
| – | -$343 | -60 | Closed |
|
184
Simplex Trading
Chicago,
Illinois
| – | +$11 | +2 | New |
|
MNKD Hedge Fund Activity: Q1 2016 in Review
153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q1 2016, worth a combined $147M — down 12% from $167M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MNKD and 14 opened new positions — a net loss of 19 holders — while 45 trimmed existing stakes and 51 added.
The largest buyer was ISZO Capital Management, opening a new position worth an estimated $1.13M. The largest seller was State Street, cutting an estimated $11.7M.
- 153 institutional investors held MannKind Corp (MNKD) as of Q1 2016, down from 173 in Q4 2015.
- Funds reported $147M of MannKind Corp stock for Q1 2016, down 12% quarter-over-quarter.
- 14 funds opened new MannKind Corp positions in Q1 2016 and 33 closed out, a net change of -19 holders.
- The largest MannKind Corp buyer in Q1 2016 was ISZO Capital Management, an estimated $1.13M added.
- The largest MannKind Corp seller in Q1 2016 was State Street, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2016.