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PDLI

PDL BioPharma, Inc.
PDLI

Delisted

PDLI was delisted on the 30th of December, 2020.

133 hedge funds and large institutions have $260M invested in PDL BioPharma, Inc. in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 58 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more call options, than puts

Call options by funds: $252K | Put options by funds: $100K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

11% less funds holding

Funds holding: 150133 (-17)

18% less capital invested

Capital invested by funds: $318M → $260M (-$58M)

48% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 58

50% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 30

Holders
133
Holders Change
-17
Holders Change %
-11.33%
% of All Funds
2.93%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
15
Increased
30
Reduced
58
Closed
30
Calls
$252K
Puts
$100K
Net Calls
+$152K
Net Calls Change
-$157K
Name Holding Trade Value Shares
Change
Change in
Stake
WG
26
Winton Group
United Kingdom
$1.8M -$4.21M -1,306,463 -67%
WFI
27
West Family Investments
California
$1.76M +$275K +85,333 +16%
RC
28
RBF Capital
California
$1.69M
Bank of New York Mellon
29
Bank of New York Mellon
New York
$1.44M -$154K -47,797 -9%
N
30
Nuveen
North Carolina
$1.44M -$51.4K -15,938 -3%
Federated Hermes
31
Federated Hermes
Pennsylvania
$1.24M -$316K -98,112 -18%
Victory Capital Management
32
Victory Capital Management
Texas
$1.06M +$732K +227,043 +151%
PPA
33
Parametric Portfolio Associates
Washington
$1.02M -$608K -188,726 -34%
Axa
34
Axa
France
$1.01M +$116K +35,908 +11%
Wells Fargo
35
Wells Fargo
California
$814K -$542K -168,179 -37%
AllianceBernstein
36
AllianceBernstein
Tennessee
$785K
Morgan Stanley
37
Morgan Stanley
New York
$749K -$88.3K -27,392 -9%
California Public Employees Retirement System
38
California Public Employees Retirement System
California
$707K -$137K -42,500 -14%
Goldman Sachs
39
Goldman Sachs
New York
$639K -$715K -221,931 -49%
KBC Group
40
KBC Group
Belgium
$632K +$83.1K +25,781 +13%
Swiss National Bank
41
Swiss National Bank
Switzerland
$627K
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$625K +$33.4K +10,347 +5%
Barclays
43
Barclays
United Kingdom
$623K +$341K +105,794 +92%
AA
44
ALPS Advisors
Colorado
$585K -$78K -24,202 -10%
AWW
45
Alan W. Weber
$564K
HW
46
Hancock Whitney
Mississippi
$547K +$238K +73,712 +61%
State of Wisconsin Investment Board
47
State of Wisconsin Investment Board
Wisconsin
$490K -$69.6K -21,600 -11%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$480K -$17.4K -5,396 -3%
UBS AM
49
UBS AM
Illinois
$469K +$22.8K +7,076 +4%
SO
50
STRS Ohio
Ohio
$448K -$130K -40,200 -20%

PDLI Hedge Fund Activity: Q1 2020 in Review

133 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PDL BioPharma, Inc. (PDLI) for Q1 2020, worth a combined $260M — down 18% from $318M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of PDLI and 15 opened new positions — a net loss of 15 holders — while 58 trimmed existing stakes and 30 added.

The largest buyer was Silver Point Capital, opening a new position worth an estimated $15.8M. The largest seller was Engine Capital Management, cutting an estimated $9.79M.

  • 133 institutional investors held PDL BioPharma, Inc. (PDLI) as of Q1 2020, down from 150 in Q4 2019.
  • Funds reported $260M of PDL BioPharma, Inc. stock for Q1 2020, down 18% quarter-over-quarter.
  • 15 funds opened new PDL BioPharma, Inc. positions in Q1 2020 and 30 closed out, a net change of -15 holders.
  • The largest PDL BioPharma, Inc. buyer in Q1 2020 was Silver Point Capital, an estimated $15.8M added.
  • The largest PDL BioPharma, Inc. seller in Q1 2020 was Engine Capital Management, an estimated $9.79M sold.

Based on aggregated 13F filings for Q1 2020.