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Nuvalent
NUVL

60 hedge funds and large institutions have $887M invested in Nuvalent in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

43% more capital invested

Capital invested by funds: $622M → $887M (+$265M)

31% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 16

9% more funds holding

Funds holding: 5560 (+5)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.86% less ownership

Funds ownership: 107.05%106.19% (-0.86%)

Holders
60
Holders Change
+5
Holders Change %
+9.09%
% of All Funds
1.03%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
21
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DM
1
Deerfield Management
New York
$376M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$125M +$249K +14,859 +0.2%
BCLSI
3
Bain Capital Life Sciences Investors
Massachusetts
$66.6M
FFM
4
Fairmount Funds Management
Pennsylvania
$40.4M +$6.1M +364,345 +21%
BI
5
BVF Inc
California
$32.4M
PA
6
Perceptive Advisors
New York
$32.2M
DCM
7
Driehaus Capital Management
Illinois
$30.6M +$2.91M +173,875 +12%
Vanguard Group
8
Vanguard Group
Pennsylvania
$28M +$3.02M +180,528 +14%
BlackRock
9
BlackRock
New York
$27.4M +$1.73M +103,548 +8%
BC
10
Boxer Capital
California
$23.5M
ACA
11
Avoro Capital Advisors
New York
$20.4M
Wellington Management Group
12
Wellington Management Group
Massachusetts
$18.5M -$933K -55,739 -6%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$15.5M -$7.53M -449,853 -36%
JP Morgan Chase
14
JP Morgan Chase
New York
$8.28M -$240K -14,361 -3%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$6.5M +$1.36M +81,111 +32%
State Street
16
State Street
Massachusetts
$5.73M +$172K +10,273 +4%
OCA
17
Octagon Capital Advisors
New York
$3.89M +$3.35M +200,000 New
Millennium Management
18
Millennium Management
New York
$3.04M -$1.73M -103,626 -40%
Northern Trust
19
Northern Trust
Illinois
$2.72M +$204K +12,192 +10%
SCM
20
Suvretta Capital Management
New York
$1.96M +$1.69M +101,003 New
Invesco
21
Invesco
Georgia
$1.64M +$1.41M +84,123 New
Marshall Wace
22
Marshall Wace
United Kingdom
$1.59M +$914K +54,630 +200%
DekaBank Deutsche Girozentrale
23
DekaBank Deutsche Girozentrale
Germany
$1.21M +$502K +30,000 +100%
Victory Capital Management
24
Victory Capital Management
Texas
$1.21M -$27.1K -1,620 -3%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$1.15M +$714K +42,642 +259%

NUVL Hedge Fund Activity: Q3 2022 in Review

60 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuvalent (NUVL) for Q3 2022, worth a combined $887M — up 43% from $622M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new NUVL positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 16 trimmed.

The largest buyer was Fairmount Funds Management, adding an estimated $6.1M. The largest seller was Viking Global Investors, exiting entirely with an estimated $15.1M sold.

  • 60 institutional investors held Nuvalent (NUVL) as of Q3 2022, up from 55 in Q2 2022.
  • Funds reported $887M of Nuvalent stock for Q3 2022, up 43% quarter-over-quarter.
  • 11 funds opened new Nuvalent positions in Q3 2022 and 6 closed out, a net change of +5 holders.
  • The largest Nuvalent buyer in Q3 2022 was Fairmount Funds Management, an estimated $6.1M added.
  • The largest Nuvalent seller in Q3 2022 was Viking Global Investors, an estimated $15.1M sold.

Based on aggregated 13F filings for Q3 2022.