MediciNova
MNOV
46 hedge funds and large institutions have $109M invested in MediciNova in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
54% more capital invested
Capital invested by funds: $71.3M → $109M (+$38.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.85% less ownership
Funds ownership: 21.78% → 20.93% (-0.85%)
16% less funds holding
Funds holding: 55 → 46 (-9)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$670K |
| 2 |
State Street
Boston,
Massachusetts
|
+$589K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$438K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$352K |
| 5 |
BlackRock
New York
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.63M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$567K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$529K |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$399K |
| 5 |
II
Ibex Investors
Denver,
Colorado
|
-$371K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$119K | -15,000 | Closed |
|
52
Goldman Sachs
New York
| – | -$101K | -12,706 | Closed |
|
|
ECM
53
Element Capital Management
New York
| – | -$93K | -11,737 | Closed |
|
|
CF
54
Centaurus Financial
Anaheim,
California
| – | -$40K | -5,000 | Closed |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -1,500 | Closed |
|
|
PIA
56
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$5K | -680 | Closed |
|
|
FIA
57
FNY Investment Advisers
New York
| – | -$2K | -317 | Closed |
|
|
MAM
58
Meeder Asset Management
Dublin,
Ohio
| – | -$947 | -119 | Closed |
|
MNOV Hedge Fund Activity: Q3 2018 in Review
46 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in MediciNova (MNOV) for Q3 2018, worth a combined $109M — up 54% from $71.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MNOV and 3 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $670K. The largest seller was Fidelity Investments, cutting an estimated $2.63M.
- 46 institutional investors held MediciNova (MNOV) as of Q3 2018, down from 55 in Q2 2018.
- Funds reported $109M of MediciNova stock for Q3 2018, up 54% quarter-over-quarter.
- 3 funds opened new MediciNova positions in Q3 2018 and 12 closed out, a net change of -9 holders.
- The largest MediciNova buyer in Q3 2018 was D.E. Shaw & Co, an estimated $670K added.
- The largest MediciNova seller in Q3 2018 was Fidelity Investments, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2018.