Pfenex Inc.
PFNX
PFNX was delisted on the 30th of September, 2020.
98 hedge funds and large institutions have $246M invested in Pfenex Inc. in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 17 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 33
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
1% less call options, than puts
Call options by funds: $690K | Put options by funds: $696K
1% less funds holding
Funds holding: 99 → 98 (-1)
11% less capital invested
Capital invested by funds: $276M → $246M (-$30M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$25.7M |
| 2 |
O
OrbiMed
New York
|
+$7.58M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$5.66M |
| 4 |
TC
Tarsadia Capital
New York
|
+$2.9M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCC
Dow Chemical Company
Midland,
Michigan
|
-$6.27M |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$3.69M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$2.61M |
| 4 |
SCM
Sio Capital Management
New York
|
-$2.55M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.33M |
PFNX Hedge Fund Activity: Q1 2020 in Review
98 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Pfenex Inc. (PFNX) for Q1 2020, worth a combined $246M — down 11% from $276M a quarter earlier.
Fund positioning in PFNX was balanced in Q1 2020: 17 funds opened new positions, 17 closed out, 38 added to existing stakes and 33 trimmed.
The largest buyer was First Light Asset Management, opening a new position worth an estimated $25.7M. The largest seller was Dow Chemical Company, exiting entirely with an estimated $6.27M sold.
- 98 institutional investors held Pfenex Inc. (PFNX) as of Q1 2020, down from 99 in Q4 2019.
- Funds reported $246M of Pfenex Inc. stock for Q1 2020, down 11% quarter-over-quarter.
- 17 funds opened new Pfenex Inc. positions in Q1 2020 and 17 closed out, a net change of 0 holders.
- The largest Pfenex Inc. buyer in Q1 2020 was First Light Asset Management, an estimated $25.7M added.
- The largest Pfenex Inc. seller in Q1 2020 was Dow Chemical Company, an estimated $6.27M sold.
Based on aggregated 13F filings for Q1 2020.