MannKind Corp
MNKD
159 hedge funds and large institutions have $335M invested in MannKind Corp in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 31 reducing their positions, and 13 closing their positions.
116% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 31
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
10% more funds holding
Funds holding: 144 → 159 (+15)
18% less capital invested
Capital invested by funds: $409M → $335M (-$73.7M)
19% less call options, than puts
Call options by funds: $76.4M | Put options by funds: $94.3M
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.5M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$11.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.92M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$22.4M |
| 2 |
PA
Perceptive Advisors
New York
|
-$19.8M |
| 3 |
JG
Jefferies Group
New York
|
-$9.29M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$2.28M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.03M |
MNKD Hedge Fund Activity: Q1 2014 in Review
159 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q1 2014, worth a combined $335M — down 18% from $409M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new MNKD positions and 13 closed out — a net gain of 15 holders — while 67 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $19.9M. The largest seller was Sabby Management, exiting entirely with an estimated $22.4M sold.
- 159 institutional investors held MannKind Corp (MNKD) as of Q1 2014, up from 144 in Q4 2013.
- Funds reported $335M of MannKind Corp stock for Q1 2014, down 18% quarter-over-quarter.
- 28 funds opened new MannKind Corp positions in Q1 2014 and 13 closed out, a net change of +15 holders.
- The largest MannKind Corp buyer in Q1 2014 was Fidelity Investments, an estimated $19.9M added.
- The largest MannKind Corp seller in Q1 2014 was Sabby Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q1 2014.