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PRDS

Pardes Biosciences, Inc. Common Stock

Delisted

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

69 hedge funds and large institutions have $144M invested in Pardes Biosciences, Inc. Common Stock in 2022 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 9

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

21% more funds holding

Funds holding: 5769 (+12)

20% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 20

49% less capital invested

Capital invested by funds: $282M → $144M (-$139M)

Holders
69
Holders Change
+12
Holders Change %
+21.05%
% of All Funds
1.16%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
21
Increased
16
Reduced
20
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FCMV
1
Foresite Capital Management V
California
$28.9M
RCM
2
RA Capital Management
Massachusetts
$19M
VS
3
VK Services
California
$18.9M +$37.6M +6,151,766 New
FCOMV
4
Foresite Capital Opportunity Management V
California
$16M
Goldman Sachs
5
Goldman Sachs
New York
$13.1M +$13.2M +2,163,503 +102%
LCM
6
Lynx1 Capital Management
Puerto Rico
$6.69M +$3.28M +537,726 +33%
BlackRock
7
BlackRock
New York
$4.93M +$7.7M +1,261,808 +367%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$3.95M -$3.24M -530,235 -29%
PIM
9
Platinum Investment Management
Australia
$3.73M -$212K -34,711 -3%
Vanguard Group
10
Vanguard Group
Pennsylvania
$3.38M +$709K +116,060 +12%
ACA
11
Arena Capital Advisors
California
$2.61M
FLSM
12
Frazier Life Sciences Management
California
$2.6M -$7.54M -1,235,371 -59%
PHS
13
PFM Health Sciences
California
$2.46M +$433K +70,847 +10%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$1.51M +$1.64M +267,904 +120%
DCM
15
DAFNA Capital Management
California
$1.39M +$183K +29,948 +7%
Adage Capital Partners
16
Adage Capital Partners
Massachusetts
$1.38M
HMC
17
Harvard Management Company
Massachusetts
$1.23M
C
18
Chescapmanager
Maryland
$1.11M -$1.37M -224,310 -38%
State Street
19
State Street
Massachusetts
$1.03M +$1.55M +253,888 +308%
SCM
20
Sio Capital Management
New York
$969K
Point72 Asset Management
21
Point72 Asset Management
Connecticut
$818K -$1.01M -165,734 -38%
Northern Trust
22
Northern Trust
Illinois
$715K +$1.12M +182,875 +365%
Alyeska Investment Group
23
Alyeska Investment Group
Illinois
$691K
IC
24
Ikarian Capital
Texas
$687K -$611K -100,000 -31%
Charles Schwab
25
Charles Schwab
California
$629K +$353K +57,818 +39%

PRDS Hedge Fund Activity: Q2 2022 in Review

69 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Pardes Biosciences, Inc. Common Stock (PRDS) for Q2 2022, worth a combined $144M — down 49% from $282M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PRDS positions and 9 closed out — a net gain of 12 holders — while 16 added to existing stakes and 20 trimmed.

The largest buyer was VK Services, opening a new position worth an estimated $37.6M. The largest seller was Frazier Life Sciences Management, cutting an estimated $7.54M.

  • 69 institutional investors held Pardes Biosciences, Inc. Common Stock (PRDS) as of Q2 2022, up from 57 in Q1 2022.
  • Funds reported $144M of Pardes Biosciences, Inc. Common Stock stock for Q2 2022, down 49% quarter-over-quarter.
  • 21 funds opened new Pardes Biosciences, Inc. Common Stock positions in Q2 2022 and 9 closed out, a net change of +12 holders.
  • The largest Pardes Biosciences, Inc. Common Stock buyer in Q2 2022 was VK Services, an estimated $37.6M added.
  • The largest Pardes Biosciences, Inc. Common Stock seller in Q2 2022 was Frazier Life Sciences Management, an estimated $7.54M sold.

Based on aggregated 13F filings for Q2 2022.