MannKind Corp
MNKD
176 hedge funds and large institutions have $553M invested in MannKind Corp in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 73 increasing their positions, 32 reducing their positions, and 30 closing their positions.
128% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 32
3% less call options, than puts
Call options by funds: $104M | Put options by funds: $107M
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
1% less funds holding
Funds holding: 178 → 176 (-2)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less capital invested
Capital invested by funds: $1.01B → $553M (-$454M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tenor Capital Management
New York
|
+$8.38M |
| 2 |
State Street
Boston,
Massachusetts
|
+$8.37M |
| 3 |
Barclays
London,
United Kingdom
|
+$7.03M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$5.77M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$19.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$18.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.52M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$7.36M |
MNKD Hedge Fund Activity: Q3 2014 in Review
176 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q3 2014, worth a combined $553M — down 45% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MNKD and 29 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 73 added.
The largest buyer was Tenor Capital Management, adding an estimated $8.38M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $19.4M sold.
- 176 institutional investors held MannKind Corp (MNKD) as of Q3 2014, down from 178 in Q2 2014.
- Funds reported $553M of MannKind Corp stock for Q3 2014, down 45% quarter-over-quarter.
- 29 funds opened new MannKind Corp positions in Q3 2014 and 30 closed out, a net change of -1 holder.
- The largest MannKind Corp buyer in Q3 2014 was Tenor Capital Management, an estimated $8.38M added.
- The largest MannKind Corp seller in Q3 2014 was Renaissance Technologies, an estimated $19.4M sold.
Based on aggregated 13F filings for Q3 2014.