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Royalty Pharma

213 hedge funds and large institutions have $10.8B invested in Royalty Pharma in 2021 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 85 increasing their positions, 56 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 56

44% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 34

10% more funds holding in top 10

Funds holding in top 10: 1011 (+1)

8% more funds holding

Funds holding: 198213 (+15)

4.44% more ownership

Funds ownership: 59.3%63.74% (+4.4%)

2% more call options, than puts

Call options by funds: $46.5M | Put options by funds: $45.7M

5% less capital invested

Capital invested by funds: $11.4B → $10.8B (-$608M)

Holders
213
Holders Change
+15
Holders Change %
+7.58%
% of All Funds
3.74%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.19%
New
49
Increased
85
Reduced
56
Closed
34
Calls
$46.5M
Puts
$45.7M
Net Calls
+$871K
Net Calls Change
+$22.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.1B +$1.15B +24,320,161 +102%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.22B +$143M +3,010,272 +12%
Adage Capital Partners
3
Adage Capital Partners
Massachusetts
$1.08B -$665M -14,026,524 -36%
Vanguard Group
4
Vanguard Group
Pennsylvania
$982M +$980M +20,673,627 +1,124%
Capital International Investors
5
Capital International Investors
California
$718M -$107K -2,252 -0%
BlackRock
6
BlackRock
New York
$596M +$219M +4,611,036 +51%
HMC
7
Harvard Management Company
Massachusetts
$467M -$189M -3,976,496 -27%
VCG
8
Vantage Consulting Group
Virginia
$380M -$606M -12,771,731 -59%
SGA
9
Siguler Guff Advisers
New York
$295M
JP Morgan Chase
10
JP Morgan Chase
New York
$253M -$13.5M -285,092 -5%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$213M -$46.3M -975,796 -17%
State Street
12
State Street
Massachusetts
$204M +$110M +2,328,121 +99%
Victory Capital Management
13
Victory Capital Management
Texas
$139M -$24.6M -519,438 -14%
AAMU
14
Amundi Asset Management US
Massachusetts
$121M +$39.4M +831,887 +43%
Norges Bank
15
Norges Bank
Norway
$121M +$82.5M +1,740,566 +170%
MSKCC
16
Memorial Sloan Kettering Cancer Center
New York
$117M -$42M -885,243 -25%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$103M -$40.5M -854,937 -27%
Viking Global Investors
18
Viking Global Investors
Connecticut
$89.9M -$10.7M -225,247 -10%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$84.1M +$32.1M +677,943 +54%
GA
20
General Atlantic
New York
$65.4M
Bank of America
21
Bank of America
North Carolina
$62.2M +$46.6M +983,540 +222%
TCM
22
TimesSquare Capital Management
New York
$61.7M -$9.1M -191,865 -12%
Legal & General Group
23
Legal & General Group
United Kingdom
$61.2M +$44M +928,993 +196%
CCM
24
CAAS Capital Management
New York
$59.9M -$120M -2,523,762 -65%
Northern Trust
25
Northern Trust
Illinois
$57M +$26.5M +558,274 +75%

RPRX Hedge Fund Activity: Q1 2021 in Review

213 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Royalty Pharma (RPRX) for Q1 2021, worth a combined $10.8B — down 5.4% from $11.4B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new RPRX positions and 34 closed out — a net gain of 15 holders — while 85 added to existing stakes and 56 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.15B. The largest seller was Adage Capital Partners, cutting an estimated $665M.

  • 213 institutional investors held Royalty Pharma (RPRX) as of Q1 2021, up from 198 in Q4 2020.
  • Funds reported $10.8B of Royalty Pharma stock for Q1 2021, down 5.4% quarter-over-quarter.
  • 49 funds opened new Royalty Pharma positions in Q1 2021 and 34 closed out, a net change of +15 holders.
  • The largest Royalty Pharma buyer in Q1 2021 was Morgan Stanley, an estimated $1.15B added.
  • The largest Royalty Pharma seller in Q1 2021 was Adage Capital Partners, an estimated $665M sold.

Based on aggregated 13F filings for Q1 2021.