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NovoCure

176 hedge funds and large institutions have $2.9B invested in NovoCure in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 59 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

294% more call options, than puts

Call options by funds: $63.9M | Put options by funds: $16.2M

107% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 15

75% more capital invested

Capital invested by funds: $1.66B → $2.9B (+$1.24B)

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

9% more funds holding

Funds holding: 161176 (+15)

1.48% more ownership

Funds ownership: 58.33%59.81% (+1.5%)

8% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 59

Holders
176
Holders Change
+15
Holders Change %
+9.32%
% of All Funds
4.02%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.14%
New
31
Increased
64
Reduced
59
Closed
15
Calls
$63.9M
Puts
$16.2M
Net Calls
+$47.7M
Net Calls Change
+$29.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$568M +$119M +2,983,125 +38%
Vanguard Group
2
Vanguard Group
Pennsylvania
$284M +$19M +476,635 +10%
BlackRock
3
BlackRock
New York
$249M +$5.15M +129,388 +3%
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$185M +$17.3M +433,705 +14%
Capital World Investors
5
Capital World Investors
California
$119M +$15.4M +386,600 +21%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$108M +$54.7M +1,373,617 +202%
FCM
7
Farallon Capital Management
California
$70.7M -$9.55M -240,000 -15%
State Street
8
State Street
Massachusetts
$70.5M +$981K +24,657 +2%
TCM
9
TimesSquare Capital Management
New York
$62M -$12.1M -303,375 -20%
Macquarie Group
10
Macquarie Group
Australia
$57.9M +$20.7M +519,988 +89%
WRF
11
Waddell & Reed Financial
Kansas
$54.2M -$9.39M -235,838 -19%
CS
12
Credit Suisse
Switzerland
$49.6M +$17.5M +440,543 +87%
Renaissance Technologies
13
Renaissance Technologies
New York
$44M +$6.23M +156,592 +23%
DCP
14
Darsana Capital Partners
New York
$43.2M +$32.8M +824,911 New
Norges Bank
15
Norges Bank
Norway
$43M +$2.46M +61,686 +8%
Mitsubishi UFJ Trust & Banking
16
Mitsubishi UFJ Trust & Banking
Japan
$42.4M -$244K -6,119 -0.7%
Northern Trust
17
Northern Trust
Illinois
$42.2M +$1.89M +47,512 +6%
Two Sigma Investments
18
Two Sigma Investments
New York
$38.4M +$10.5M +263,026 +56%
Loomis, Sayles & Company
19
Loomis, Sayles & Company
Massachusetts
$36.8M -$3.2M -80,289 -10%
TA
20
Tamarack Advisers
California
$33.4M -$18.5M -465,000 -42%
Allianz Asset Management
21
Allianz Asset Management
Germany
$30.4M -$4.71M -118,386 -17%
GIP
22
Granite Investment Partners
California
$28.8M +$887K +22,273 +4%
Wells Fargo
23
Wells Fargo
California
$24.3M +$12.6M +315,379 +213%
PCM
24
Peregrine Capital Management
Minnesota
$24M -$16.4M -412,470 -47%
UBS AM
25
UBS AM
Illinois
$22.6M +$759K +19,077 +5%

NVCR Hedge Fund Activity: Q3 2018 in Review

176 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in NovoCure (NVCR) for Q3 2018, worth a combined $2.9B — up 75% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new NVCR positions and 15 closed out — a net gain of 16 holders — while 64 added to existing stakes and 59 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $119M. The largest seller was Citadel Advisors, cutting an estimated $24.4M.

  • 176 institutional investors held NovoCure (NVCR) as of Q3 2018, up from 161 in Q2 2018.
  • Funds reported $2.9B of NovoCure stock for Q3 2018, up 75% quarter-over-quarter.
  • 31 funds opened new NovoCure positions in Q3 2018 and 15 closed out, a net change of +16 holders.
  • The largest NovoCure buyer in Q3 2018 was Fidelity Investments, an estimated $119M added.
  • The largest NovoCure seller in Q3 2018 was Citadel Advisors, an estimated $24.4M sold.

Based on aggregated 13F filings for Q3 2018.