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PRDS

Pardes Biosciences, Inc. Common Stock

Delisted

PRDS was delisted on the 30th of August, 2023.

41 hedge funds and large institutions have $573M invested in Pardes Biosciences, Inc. Common Stock in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more funds holding in top 10

Funds holding in top 10: 17 (+6)

227% more capital invested

Capital invested by funds: $175M → $573M (+$397M)

10% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 10

33% less funds holding

Funds holding: 6141 (-20)

53% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 36

Holders
41
Holders Change
-20
Holders Change %
-32.79%
% of All Funds
0.63%
Holding in Top 10
7
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+600%
% of All Funds
0.11%
New
17
Increased
9
Reduced
10
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FCMV
1
Foresite Capital Management V
California
$154M +$102M +8,798,015 +1,460%
FCOMV
2
Foresite Capital Opportunity Management V
California
$85.6M +$60.8M +5,227,307 New
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$52.1M +$18M +1,545,784 +93%
RCM
4
RA Capital Management
Massachusetts
$51.2M +$24.7M +2,127,038 +213%
FM
5
Frazier Management
Washington
$40.2M +$28.6M +2,457,507 New
EC
6
EcoR1 Capital
California
$26.1M +$14.3M +1,226,125 +330%
ACA
7
Arena Capital Advisors
California
$19.4M -$9.98M -858,149 -42%
PIM
8
Platinum Investment Management
Australia
$17.8M +$1.41M +121,120 +13%
JCM
9
JS Capital Management
New York
$16.4M
C
10
Chescapmanager
Maryland
$15.9M +$7.24M +621,948 +178%
Janus Henderson Group
11
Janus Henderson Group
United Kingdom
$9.29M +$6.64M +570,560 New
MIM
12
Monashee Investment Management
Massachusetts
$8.19M +$5.82M +500,000 New
Adage Capital Partners
13
Adage Capital Partners
Massachusetts
$7.37M -$6.4M -550,000 -55%
LCM
14
Lynx1 Capital Management
Puerto Rico
$6.57M +$4.67M +401,593 New
Franklin Resources
15
Franklin Resources
California
$6.55M
HMC
16
Harvard Management Company
Massachusetts
$6.55M
IC
17
Ikarian Capital
Texas
$6.55M +$4.65M +400,000 New
PHS
18
PFM Health Sciences
California
$5.92M -$7.43M -638,472 -64%
SCM
19
Sio Capital Management
New York
$5.12M +$3.63M +312,438 New
Citadel Advisors
20
Citadel Advisors
Florida
$4.91M -$78.7K -6,767 -2%
Millennium Management
21
Millennium Management
New York
$3.84M -$3.23M -277,485 -54%
DCM
22
DAFNA Capital Management
California
$3.82M -$773K -66,450 -22%
Alyeska Investment Group
23
Alyeska Investment Group
Illinois
$3.68M -$2.62M -225,000 -50%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$3.4M +$2.42M +207,878 New
ACM
25
Altium Capital Management
New York
$3.27M

PRDS Hedge Fund Activity: Q4 2021 in Review

41 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Pardes Biosciences, Inc. Common Stock (PRDS) for Q4 2021, worth a combined $573M — up 227% from $175M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PRDS and 17 opened new positions — a net loss of 19 holders — while 10 trimmed existing stakes and 9 added.

The largest buyer was Foresite Capital Management V, adding an estimated $102M. The largest seller was Arena Capital Advisors, cutting an estimated $9.98M.

  • 41 institutional investors held Pardes Biosciences, Inc. Common Stock (PRDS) as of Q4 2021, down from 61 in Q3 2021.
  • Funds reported $573M of Pardes Biosciences, Inc. Common Stock stock for Q4 2021, up 227% quarter-over-quarter.
  • 17 funds opened new Pardes Biosciences, Inc. Common Stock positions in Q4 2021 and 36 closed out, a net change of -19 holders.
  • The largest Pardes Biosciences, Inc. Common Stock buyer in Q4 2021 was Foresite Capital Management V, an estimated $102M added.
  • The largest Pardes Biosciences, Inc. Common Stock seller in Q4 2021 was Arena Capital Advisors, an estimated $9.98M sold.

Based on aggregated 13F filings for Q4 2021.