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NovoCure

128 hedge funds and large institutions have $778M invested in NovoCure in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

352% more call options, than puts

Call options by funds: $20.2M | Put options by funds: $4.46M

240% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 10

54% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 28

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

23% more funds holding

Funds holding: 104128 (+24)

4% more capital invested

Capital invested by funds: $746M → $778M (+$31.9M)

0.87% more ownership

Funds ownership: 42.2%43.07% (+0.87%)

Holders
128
Holders Change
+24
Holders Change %
+23.08%
% of All Funds
2.9%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
34
Increased
43
Reduced
28
Closed
10
Calls
$20.2M
Puts
$4.46M
Net Calls
+$15.7M
Net Calls Change
-$3.94M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$163M +$5.19M +269,264 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$93M +$2.46M +127,628 +3%
BlackRock
3
BlackRock
New York
$76.9M -$2.32M -120,358 -3%
SG
4
StepStone Group
California
$32.6M
HCM
5
Highline Capital Management
New York
$29.8M -$759K -39,400 -3%
FCM
6
Farallon Capital Management
California
$23.5M +$22.4M +1,165,000 New
State Street
7
State Street
Massachusetts
$22.9M +$1.02M +52,740 +5%
FCM
8
Frontier Capital Management
Massachusetts
$21.9M +$4.78M +248,322 +30%
TA
9
Tamarack Advisers
California
$21.3M +$6M +311,446 +42%
WRF
10
Waddell & Reed Financial
Kansas
$17.8M +$17M +882,940 New
GPP
11
Great Point Partners
Connecticut
$17.8M +$13.5M +701,620 +395%
PCM
12
Peregrine Capital Management
Minnesota
$17.5M +$4.59M +238,195 +38%
Baillie Gifford & Co
13
Baillie Gifford & Co
United Kingdom
$12.2M +$11.6M +604,117 New
Northern Trust
14
Northern Trust
Illinois
$11.3M -$365K -18,935 -3%
Norges Bank
15
Norges Bank
Norway
$11.3M +$2.12M +110,122 +25%
Allianz Asset Management
16
Allianz Asset Management
Germany
$10.8M +$10.3M +532,709 New
Westfield Capital Management
17
Westfield Capital Management
Massachusetts
$10.3M +$9.84M +510,800 New
Millennium Management
18
Millennium Management
New York
$9.79M +$2.01M +104,210 +27%
RPAM
19
Rhenman & Partners Asset Management
Sweden
$9.45M -$3.83M -198,959 -30%
CAM
20
Cortina Asset Management
Wisconsin
$9.32M +$3.92M +203,728 +79%
Citadel Advisors
21
Citadel Advisors
Florida
$8.97M +$5.25M +272,697 +159%
CM
22
Castleark Management
Illinois
$8.56M -$478K -24,825 -6%
HIC
23
Hartline Investment Corp
Illinois
$7.89M +$430K +22,306 +6%
PC
24
Pier Capital
Connecticut
$7.79M +$2.16M +112,176 +41%
NI
25
Numeric Investors
Massachusetts
$7M +$5.4M +280,200 +423%

NVCR Hedge Fund Activity: Q4 2017 in Review

128 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in NovoCure (NVCR) for Q4 2017, worth a combined $778M — up 4.3% from $746M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new NVCR positions and 10 closed out — a net gain of 24 holders — while 43 added to existing stakes and 28 trimmed.

The largest buyer was Farallon Capital Management, opening a new position worth an estimated $22.4M. The largest seller was Goldman Sachs, cutting an estimated $92.1M.

  • 128 institutional investors held NovoCure (NVCR) as of Q4 2017, up from 104 in Q3 2017.
  • Funds reported $778M of NovoCure stock for Q4 2017, up 4.3% quarter-over-quarter.
  • 34 funds opened new NovoCure positions in Q4 2017 and 10 closed out, a net change of +24 holders.
  • The largest NovoCure buyer in Q4 2017 was Farallon Capital Management, an estimated $22.4M added.
  • The largest NovoCure seller in Q4 2017 was Goldman Sachs, an estimated $92.1M sold.

Based on aggregated 13F filings for Q4 2017.