Prelude Therapeutics
PRLD
60 hedge funds and large institutions have $1.41B invested in Prelude Therapeutics in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 8 reducing their positions, and 8 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 8
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
18% more funds holding
Funds holding: 51 → 60 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9.44% less ownership
Funds ownership: 79.29% → 69.85% (-9.4%)
43% less capital invested
Capital invested by funds: $2.47B → $1.41B (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$135M |
| 2 |
State Street
Boston,
Massachusetts
|
+$48.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12.3M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$8.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
-$369M |
| 2 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$8.19M |
| 3 |
SCM
Suvretta Capital Management
New York
|
-$7.95M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$3.58M |
| 5 |
Squarepoint
New York
|
-$1.48M |
PRLD Hedge Fund Activity: Q1 2021 in Review
60 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Prelude Therapeutics (PRLD) for Q1 2021, worth a combined $1.41B — down 43% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PRLD positions and 8 closed out — a net gain of 9 holders — while 30 added to existing stakes and 8 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $135M. The largest seller was OrbiMed, cutting an estimated $369M.
- 60 institutional investors held Prelude Therapeutics (PRLD) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $1.41B of Prelude Therapeutics stock for Q1 2021, down 43% quarter-over-quarter.
- 17 funds opened new Prelude Therapeutics positions in Q1 2021 and 8 closed out, a net change of +9 holders.
- The largest Prelude Therapeutics buyer in Q1 2021 was Fidelity Investments, an estimated $135M added.
- The largest Prelude Therapeutics seller in Q1 2021 was OrbiMed, an estimated $369M sold.
Based on aggregated 13F filings for Q1 2021.