Summit Therapeutics
SMMT
15 hedge funds and large institutions have $35.8M invested in Summit Therapeutics in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 0 closing their positions.
55% more capital invested
Capital invested by funds: $23.1M → $35.8M (+$12.7M)
36% more funds holding
Funds holding: 11 → 15 (+4)
0.01% less ownership
Funds ownership: 4.36% → 4.35% (-0.01%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Knoll Capital Management
Miami,
Florida
|
+$1.16M |
| 2 |
Renaissance Technologies
New York
|
+$232K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$149K |
| 4 |
Morgan Stanley
New York
|
+$31.5K |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$25.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.45M |
| 2 |
Millennium Management
New York
|
-$163K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.7K |
| 4 |
First Eagle Investment Management
New York
|
-$1.16K |
SMMT Hedge Fund Activity: Q1 2017 in Review
15 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Summit Therapeutics (SMMT) for Q1 2017, worth a combined $35.8M — up 55% from $23.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMMT positions and 0 closed out — a net gain of 4 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Knoll Capital Management, opening a new position worth an estimated $1.16M. The largest seller was Point72 Asset Management, cutting an estimated $1.45M.
- 15 institutional investors held Summit Therapeutics (SMMT) as of Q1 2017, up from 11 in Q4 2016.
- Funds reported $35.8M of Summit Therapeutics stock for Q1 2017, up 55% quarter-over-quarter.
- 4 funds opened new Summit Therapeutics positions in Q1 2017 and 0 closed out, a net change of +4 holders.
- The largest Summit Therapeutics buyer in Q1 2017 was Knoll Capital Management, an estimated $1.16M added.
- The largest Summit Therapeutics seller in Q1 2017 was Point72 Asset Management, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2017.