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MannKind Corp

133 hedge funds and large institutions have $370M invested in MannKind Corp in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 24 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

171% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 24

45% more call options, than puts

Call options by funds: $113M | Put options by funds: $77.9M

6% more capital invested

Capital invested by funds: $350M → $370M (+$20.5M)

4% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 24

1% less funds holding

Funds holding: 135133 (-2)

Holders
133
Holders Change
-2
Holders Change %
-1.48%
% of All Funds
4.31%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.1%
New
23
Increased
65
Reduced
24
Closed
24
Calls
$113M
Puts
$77.9M
Net Calls
+$35.2M
Net Calls Change
+$2.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$57.3M +$22.8M +690,870 +52%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$43M +$256K +7,740 +0.5%
BFA
3
BlackRock Fund Advisors
California
$41M +$7.12M +215,222 +18%
State Street
4
State Street
Massachusetts
$33.8M +$8.5M +256,981 +28%
BIT
5
BlackRock Institutional Trust
California
$25.8M +$1.63M +49,387 +6%
BA
6
BlackRock Advisors
Delaware
$12.5M +$1.79M +54,032 +14%
Northern Trust
7
Northern Trust
Illinois
$12.1M +$761K +23,028 +6%
Norges Bank
8
Norges Bank
Norway
$9.5M +$3.38M +102,326 +44%
GCM
9
Greywolf Capital Management
New York
$9.12M +$9.26M +280,000 +700%
HCM
10
Highbridge Capital Management
New York
$7.73M +$8.97M +271,302 New
JG
11
Jefferies Group
New York
$7.58M +$132K +3,988 +2%
CII
12
CR Intrinsic Investors
Connecticut
$7.41M +$8.6M +260,000 New
Barclays
13
Barclays
United Kingdom
$6.42M +$5.74M +173,600 +208%
Bank of America
14
Bank of America
North Carolina
$5.56M +$422K +12,752 +7%
SM
15
Sabby Management
Florida
$5.32M +$5.33M +161,203 +630%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$4.66M -$6.52M -197,279 -55%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$4.61M +$68K +2,057 +1%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$4.37M +$597K +18,063 +13%
GC
19
Guggenheim Capital
Illinois
$4.08M +$1.21M +36,455 +34%
TCIM
20
TIAA CREF Investment Management
New York
$3.8M +$343K +10,360 +8%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$2.93M +$408K +12,340 +14%
Lazard Asset Management
22
Lazard Asset Management
New York
$2.76M +$2.26M +68,197 +237%
TCM
23
Tenor Capital Management
New York
$2.67M +$3.09M +93,547 New
U
24
UBS
Switzerland
$2.65M +$1.13M +34,048 +58%
Wells Fargo
25
Wells Fargo
California
$2.51M +$745K +22,522 +34%

MNKD Hedge Fund Activity: Q3 2013 in Review

133 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q3 2013, worth a combined $370M — up 5.8% from $350M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of MNKD and 23 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 65 added.

The largest buyer was Vanguard Group, adding an estimated $22.8M. The largest seller was Tang Capital Management, exiting entirely with an estimated $7.71M sold.

  • 133 institutional investors held MannKind Corp (MNKD) as of Q3 2013, down from 135 in Q2 2013.
  • Funds reported $370M of MannKind Corp stock for Q3 2013, up 5.8% quarter-over-quarter.
  • 23 funds opened new MannKind Corp positions in Q3 2013 and 24 closed out, a net change of -1 holder.
  • The largest MannKind Corp buyer in Q3 2013 was Vanguard Group, an estimated $22.8M added.
  • The largest MannKind Corp seller in Q3 2013 was Tang Capital Management, an estimated $7.71M sold.

Based on aggregated 13F filings for Q3 2013.