Mereo BioPharma
MREO
58 hedge funds and large institutions have $43M invested in Mereo BioPharma in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 10 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0.12% less ownership
Funds ownership: 9.85% → 9.73% (-0.12%)
5% less funds holding
Funds holding: 61 → 58 (-3)
7% less capital invested
Capital invested by funds: $46.2M → $43M (-$3.16M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$1.69M |
| 2 |
Millennium Management
New York
|
+$1.07M |
| 3 |
Citigroup
New York
|
+$1.02M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$385K |
| 5 |
JGC
J. Goldman & Co
New York
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
-$2.57M |
| 2 |
AG
Artal Group
Luxembourg
|
-$1.13M |
| 3 |
OCA
Octagon Capital Advisors
New York
|
-$750K |
| 4 |
MAM
Monaco Asset Management
Monaco
|
-$660K |
| 5 |
Renaissance Technologies
New York
|
-$307K |
MREO Hedge Fund Activity: Q1 2023 in Review
58 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mereo BioPharma (MREO) for Q1 2023, worth a combined $43M — down 6.8% from $46.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MREO and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 15 added.
The largest buyer was 683 Capital Management, adding an estimated $1.69M. The largest seller was OrbiMed, cutting an estimated $2.57M.
- 58 institutional investors held Mereo BioPharma (MREO) as of Q1 2023, down from 61 in Q4 2022.
- Funds reported $43M of Mereo BioPharma stock for Q1 2023, down 6.8% quarter-over-quarter.
- 7 funds opened new Mereo BioPharma positions in Q1 2023 and 10 closed out, a net change of -3 holders.
- The largest Mereo BioPharma buyer in Q1 2023 was 683 Capital Management, an estimated $1.69M added.
- The largest Mereo BioPharma seller in Q1 2023 was OrbiMed, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2023.