Summit Therapeutics
SMMT
19 hedge funds and large institutions have $27M invested in Summit Therapeutics in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
11% more capital invested
Capital invested by funds: $24.3M → $27M (+$2.67M)
0.11% less ownership
Funds ownership: 2.44% → 2.33% (-0.11%)
5% less funds holding
Funds holding: 20 → 19 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$5.42M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
+$1.73M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$1.29M |
| 4 |
Morgan Stanley
New York
|
+$313K |
| 5 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$126K |
Top Sellers
SMMT Hedge Fund Activity: Q3 2020 in Review
19 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Summit Therapeutics (SMMT) for Q3 2020, worth a combined $27M — up 11% from $24.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SMMT and 5 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $5.42M. The largest seller was Lansdowne Partners (UK), exiting entirely with an estimated $7.92M sold.
- 19 institutional investors held Summit Therapeutics (SMMT) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $27M of Summit Therapeutics stock for Q3 2020, up 11% quarter-over-quarter.
- 5 funds opened new Summit Therapeutics positions in Q3 2020 and 6 closed out, a net change of -1 holder.
- The largest Summit Therapeutics buyer in Q3 2020 was JP Morgan Chase, an estimated $5.42M added.
- The largest Summit Therapeutics seller in Q3 2020 was Lansdowne Partners (UK), an estimated $7.92M sold.
Based on aggregated 13F filings for Q3 2020.