Summit Therapeutics
SMMT
14 hedge funds and large institutions have $30.5M invested in Summit Therapeutics in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 4.35% → 4.35% (-0.01%)
7% less funds holding
Funds holding: 15 → 14 (-1)
15% less capital invested
Capital invested by funds: $35.8M → $30.5M (-$5.32M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$207K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$28.1K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.38K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$11 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$89K |
| 2 |
Axa
Paris,
France
|
-$82.3K |
| 3 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$61.2K |
| 4 |
Millennium Management
New York
|
-$59.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$16K |
SMMT Hedge Fund Activity: Q2 2017 in Review
14 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Therapeutics (SMMT) for Q2 2017, worth a combined $30.5M — down 15% from $35.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMMT and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was Renaissance Technologies, adding an estimated $207K. The largest seller was Morgan Stanley, exiting entirely with an estimated $89K sold.
- 14 institutional investors held Summit Therapeutics (SMMT) as of Q2 2017, down from 15 in Q1 2017.
- Funds reported $30.5M of Summit Therapeutics stock for Q2 2017, down 15% quarter-over-quarter.
- 2 funds opened new Summit Therapeutics positions in Q2 2017 and 3 closed out, a net change of -1 holder.
- The largest Summit Therapeutics buyer in Q2 2017 was Renaissance Technologies, an estimated $207K added.
- The largest Summit Therapeutics seller in Q2 2017 was Morgan Stanley, an estimated $89K sold.
Based on aggregated 13F filings for Q2 2017.