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Nuvalent
NUVL

172 hedge funds and large institutions have $4.98B invested in Nuvalent in 2024 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 55 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

301% more call options, than puts

Call options by funds: $51.4M | Put options by funds: $12.8M

31% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 55

2.39% more ownership

Funds ownership: 108.56%110.95% (+2.4%)

4% more capital invested

Capital invested by funds: $4.78B → $4.98B (+$197M)

4% less funds holding

Funds holding: 180172 (-8)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

22% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 32

Holders
172
Holders Change
-8
Holders Change %
-4.44%
% of All Funds
2.48%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.13%
New
25
Increased
72
Reduced
55
Closed
32
Calls
$51.4M
Puts
$12.8M
Net Calls
+$38.6M
Net Calls Change
-$25.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
51
Bank of America
North Carolina
$7.15M +$283K +3,983 +4%
Aberdeen Group
52
Aberdeen Group
United Kingdom
$6.65M +$6.24M +87,693 New
Marshall Wace
53
Marshall Wace
United Kingdom
$6.38M +$5.49M +77,229 +1,127%
Bank of Montreal
54
Bank of Montreal
Ontario, Canada
$6.29M -$8.28M -116,423 -60%
RPAM
55
Rhenman & Partners Asset Management
Sweden
$6.28M -$338K -4,750 -5%
Citigroup
56
Citigroup
New York
$6.24M -$1.43M -20,153 -20%
Squarepoint
57
Squarepoint
New York
$5.85M +$2.1M +29,571 +62%
Jane Street
58
Jane Street
New York
$5.11M +$2.36M +33,219 +97%
Rafferty Asset Management
59
Rafferty Asset Management
New York
$4.91M -$3.13M -43,976 -40%
OM
60
Opaleye Management
Massachusetts
$4.5M +$4.22M +59,300 New
AI
61
Atom Investors
Texas
$4.5M +$2.92M +41,061 +225%
Swiss National Bank
62
Swiss National Bank
Switzerland
$4.38M +$491K +6,900 +14%
UBS Group
63
UBS Group
Switzerland
$4.05M -$2.18M -30,623 -36%
RhumbLine Advisers
64
RhumbLine Advisers
Massachusetts
$3.54M +$528K +7,420 +19%
Connor, Clark & Lunn Investment Management (CC&L)
65
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.37M +$1.79M +25,197 +131%
PHP
66
Parkman Healthcare Partners
Connecticut
$3.25M -$350K -4,920 -10%
JF
67
Jump Financial
Illinois
$3.18M +$2.42M +34,063 +437%
BFM
68
Boothbay Fund Management
New York
$3M +$1.09M +15,259 +63%
AllianceBernstein
69
AllianceBernstein
Tennessee
$2.97M +$139K +1,950 +5%
Legal & General Group
70
Legal & General Group
United Kingdom
$2.45M +$284K +3,993 +14%
JP Morgan Chase
71
JP Morgan Chase
New York
$2.43M -$202K -2,840 -8%
State of Wisconsin Investment Board
72
State of Wisconsin Investment Board
Wisconsin
$2.37M +$487K +6,849 +28%
California State Teachers Retirement System (CalSTRS)
73
California State Teachers Retirement System (CalSTRS)
California
$2.19M +$210K +2,953 +11%
New York State Common Retirement Fund
74
New York State Common Retirement Fund
New York
$2.18M +$133K +1,876 +7%
HS
75
HighVista Strategies
Massachusetts
$2.18M -$2.23M -31,313 -52%

NUVL Hedge Fund Activity: Q2 2024 in Review

172 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Nuvalent (NUVL) for Q2 2024, worth a combined $4.98B — up 4.1% from $4.78B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of NUVL and 25 opened new positions — a net loss of 7 holders — while 55 trimmed existing stakes and 72 added.

The largest buyer was Woodline Partners, adding an estimated $58.4M. The largest seller was Darwin Global Management, exiting entirely with an estimated $108M sold.

  • 172 institutional investors held Nuvalent (NUVL) as of Q2 2024, down from 180 in Q1 2024.
  • Funds reported $4.98B of Nuvalent stock for Q2 2024, up 4.1% quarter-over-quarter.
  • 25 funds opened new Nuvalent positions in Q2 2024 and 32 closed out, a net change of -7 holders.
  • The largest Nuvalent buyer in Q2 2024 was Woodline Partners, an estimated $58.4M added.
  • The largest Nuvalent seller in Q2 2024 was Darwin Global Management, an estimated $108M sold.

Based on aggregated 13F filings for Q2 2024.