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Neurocrine Biosciences

117 hedge funds and large institutions have $547M invested in Neurocrine Biosciences in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 43 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

469% more call options, than puts

Call options by funds: $6.31M | Put options by funds: $1.11M

4% less funds holding

Funds holding: 122117 (-5)

19% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 27

20% less capital invested

Capital invested by funds: $680M → $547M (-$133M)

21% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 43

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
117
Holders Change
-5
Holders Change %
-4.1%
% of All Funds
3.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
22
Increased
34
Reduced
43
Closed
27
Calls
$6.31M
Puts
$1.11M
Net Calls
+$5.2M
Net Calls Change
-$26K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$94.3M +$411K +42,167 +0.4%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$87M -$6.84M -700,500 -7%
PA
3
Perceptive Advisors
New York
$39.1M -$849K -86,967 -2%
State Street
4
State Street
Massachusetts
$25.7M -$682K -69,843 -2%
BB
5
BB Biotech
Switzerland
$24.7M +$6.8M +696,404 +36%
O
6
OrbiMed
New York
$24.6M +$20.1M +2,056,000 +358%
BFA
7
BlackRock Fund Advisors
California
$22.6M -$362K -37,089 -2%
VAM
8
Visium Asset Management
New York
$19.7M +$3M +307,293 +17%
Franklin Resources
9
Franklin Resources
California
$19.6M +$4.84M +495,800 +31%
BIT
10
BlackRock Institutional Trust
California
$18.1M -$1.84M -188,908 -9%
Vanguard Group
11
Vanguard Group
Pennsylvania
$17.6M +$579K +59,305 +3%
Deutsche Bank
12
Deutsche Bank
Germany
$9.87M -$3.25M -332,739 -24%
Northern Trust
13
Northern Trust
Illinois
$9.06M -$228K -23,378 -2%
Millennium Management
14
Millennium Management
New York
$7.76M +$7.47M +765,874 +1,178%
Invesco
15
Invesco
Georgia
$7.6M +$4.13M +423,110 +108%
TI
16
Turner Investments
Pennsylvania
$6.84M -$5.26M -538,742 -42%
JHIU
17
Janus Henderson Investors US
Colorado
$6.71M -$2.77M -283,657 -28%
UBS AM
18
UBS AM
Illinois
$6.57M +$2.16M +221,500 +46%
VM
19
VHCP Management
New York
$6.49M -$5.62M -576,400 -45%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$6.39M +$3.41M +349,200 +104%
ACH
21
ArrowMark Colorado Holdings
Colorado
$5.58M +$3.35M +343,798 +135%
Capital World Investors
22
Capital World Investors
California
$4.9M
AAMU
23
Amundi Asset Management US
Massachusetts
$4.9M +$488K +50,037 +11%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$4.19M +$1.06M +109,050 +32%
TCM
25
Tekla Capital Management
Massachusetts
$4M -$1.39M -142,597 -25%

NBIX Hedge Fund Activity: Q4 2013 in Review

117 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Neurocrine Biosciences (NBIX) for Q4 2013, worth a combined $547M — down 20% from $680M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NBIX and 22 opened new positions — a net loss of 5 holders — while 43 trimmed existing stakes and 34 added.

The largest buyer was OrbiMed, adding an estimated $20.1M. The largest seller was Jennison Associates, exiting entirely with an estimated $18.6M sold.

  • 117 institutional investors held Neurocrine Biosciences (NBIX) as of Q4 2013, down from 122 in Q3 2013.
  • Funds reported $547M of Neurocrine Biosciences stock for Q4 2013, down 20% quarter-over-quarter.
  • 22 funds opened new Neurocrine Biosciences positions in Q4 2013 and 27 closed out, a net change of -5 holders.
  • The largest Neurocrine Biosciences buyer in Q4 2013 was OrbiMed, an estimated $20.1M added.
  • The largest Neurocrine Biosciences seller in Q4 2013 was Jennison Associates, an estimated $18.6M sold.

Based on aggregated 13F filings for Q4 2013.