Minerva Neurosciences
NERV
70 hedge funds and large institutions have $217M invested in Minerva Neurosciences in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 17 reducing their positions, and 19 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 17
1.64% less ownership
Funds ownership: 10.03% → 8.38% (-1.6%)
15% less funds holding
Funds holding: 82 → 70 (-12)
17% less capital invested
Capital invested by funds: $261M → $217M (-$43.9M)
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $112K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
+$5.6M |
| 2 |
JP Morgan Chase
New York
|
+$2.78M |
| 3 |
BlackRock
New York
|
+$1.97M |
| 4 |
Renaissance Technologies
New York
|
+$1.37M |
| 5 |
Millennium Management
New York
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$9.96M |
| 2 |
O
OrbiMed
New York
|
-$3.05M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$2.14M |
| 4 |
EC
EcoR1 Capital
San Francisco,
California
|
-$1.98M |
| 5 |
Citigroup
New York
|
-$1.8M |
NERV Hedge Fund Activity: Q3 2017 in Review
70 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Minerva Neurosciences (NERV) for Q3 2017, worth a combined $217M — down 17% from $261M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NERV and 8 opened new positions — a net loss of 11 holders — while 17 trimmed existing stakes and 34 added.
The largest buyer was Ascend Capital, opening a new position worth an estimated $5.6M. The largest seller was Cormorant Asset Management, cutting an estimated $9.96M.
- 70 institutional investors held Minerva Neurosciences (NERV) as of Q3 2017, down from 82 in Q2 2017.
- Funds reported $217M of Minerva Neurosciences stock for Q3 2017, down 17% quarter-over-quarter.
- 8 funds opened new Minerva Neurosciences positions in Q3 2017 and 19 closed out, a net change of -11 holders.
- The largest Minerva Neurosciences buyer in Q3 2017 was Ascend Capital, an estimated $5.6M added.
- The largest Minerva Neurosciences seller in Q3 2017 was Cormorant Asset Management, an estimated $9.96M sold.
Based on aggregated 13F filings for Q3 2017.