MannKind Corp
MNKD
147 hedge funds and large institutions have $108M invested in MannKind Corp in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 30 reducing their positions, and 28 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 30
4% less funds holding
Funds holding: 153 → 147 (-6)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
28% less capital invested
Capital invested by funds: $150M → $108M (-$41.6M)
51% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $36.6M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$6.08M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.82M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.41M |
| 4 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$2.41M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.42M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.13M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.42M |
| 4 |
Morgan Stanley
New York
|
-$1.74M |
| 5 |
ICM
ISZO Capital Management
New York
|
-$1.59M |
MNKD Hedge Fund Activity: Q2 2016 in Review
147 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in MannKind Corp (MNKD) for Q2 2016, worth a combined $108M — down 28% from $150M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MNKD and 22 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 53 added.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $6.08M. The largest seller was Fidelity Investments, exiting entirely with an estimated $5.42M sold.
- 147 institutional investors held MannKind Corp (MNKD) as of Q2 2016, down from 153 in Q1 2016.
- Funds reported $108M of MannKind Corp stock for Q2 2016, down 28% quarter-over-quarter.
- 22 funds opened new MannKind Corp positions in Q2 2016 and 28 closed out, a net change of -6 holders.
- The largest MannKind Corp buyer in Q2 2016 was Scopia Capital Management, an estimated $6.08M added.
- The largest MannKind Corp seller in Q2 2016 was Fidelity Investments, an estimated $5.42M sold.
Based on aggregated 13F filings for Q2 2016.