Protagonist Therapeutics
PTGX
184 hedge funds and large institutions have $1.73B invested in Protagonist Therapeutics in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 62 increasing their positions, 56 reducing their positions, and 20 closing their positions.
140% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 20
32% more capital invested
Capital invested by funds: $1.32B → $1.73B (+$417M)
18% more funds holding
Funds holding: 156 → 184 (+28)
11% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 56
3.28% more ownership
Funds ownership: 99.63% → 102.91% (+3.3%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
83% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $6.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$42.4M |
| 2 |
FFM
Fairmount Funds Management
West Conshohocken,
Pennsylvania
|
+$25.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$25.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$22.7M |
| 5 |
Morgan Stanley
New York
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BVF Inc
San Francisco,
California
|
-$54.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$38.5M |
| 3 |
KCM
Kynam Capital Management
Princeton,
New Jersey
|
-$23.4M |
| 4 |
SC
Stempoint Capital
New York
|
-$11.8M |
| 5 |
SCM
Sio Capital Management
New York
|
-$10.5M |
PTGX Hedge Fund Activity: Q1 2024 in Review
184 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Protagonist Therapeutics (PTGX) for Q1 2024, worth a combined $1.73B — up 32% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PTGX positions and 20 closed out — a net gain of 28 holders — while 62 added to existing stakes and 56 trimmed.
The largest buyer was Cowen and Company, opening a new position worth an estimated $42.4M. The largest seller was BVF Inc, cutting an estimated $54.1M.
- 184 institutional investors held Protagonist Therapeutics (PTGX) as of Q1 2024, up from 156 in Q4 2023.
- Funds reported $1.73B of Protagonist Therapeutics stock for Q1 2024, up 32% quarter-over-quarter.
- 48 funds opened new Protagonist Therapeutics positions in Q1 2024 and 20 closed out, a net change of +28 holders.
- The largest Protagonist Therapeutics buyer in Q1 2024 was Cowen and Company, an estimated $42.4M added.
- The largest Protagonist Therapeutics seller in Q1 2024 was BVF Inc, an estimated $54.1M sold.
Based on aggregated 13F filings for Q1 2024.