Savara
SVRA
36 hedge funds and large institutions have $16M invested in Savara in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
6% more funds holding
Funds holding: 34 → 36 (+2)
23% less capital invested
Capital invested by funds: $20.9M → $16M (-$4.89M)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$470K |
| 2 |
Morgan Stanley
New York
|
+$251K |
| 3 |
Renaissance Technologies
New York
|
+$162K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$54.4K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$34.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$1.81M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.69M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$1.11M |
| 4 |
DM
Deerfield Management
New York
|
-$583K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$318K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
26
Guggenheim Capital
Chicago,
Illinois
| $16K | – | – | – |
|
27
Citadel Advisors
Miami,
Florida
| $9K | -$4.84K | -156 | -35% |
|
|
HCM
28
Highbridge Capital Management
New York
| $6K | – | – | – |
|
29
State Street
Boston,
Massachusetts
| $6K | – | – | – |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| $4K | +$4.44K | +143 | New |
|
31
Wells Fargo
San Francisco,
California
| $2K | – | – | – |
|
|
32
Alyeska Investment Group
Chicago,
Illinois
| – | -$1.69M | -54,286 | Closed |
|
|
PRCM
33
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.11M | -36,836 | Closed |
|
34
Goldman Sachs
New York
| – | -$69K | -2,313 | Closed |
|
35
California Public Employees Retirement System
Sacramento,
California
| – | -$12K | -396 | Closed |
|
36
LPL Financial
San Diego,
California
| – | -$9K | -294 | Closed |
|
|
U
37
UBS
Zurich,
Switzerland
| – | -$7.51K | -242 | -96% |
|
38
Bank of America
Charlotte,
North Carolina
| – | +$31 | +1 | +100% |
|
39
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$279 | +9 | New |
|
40
Citigroup
New York
| – | +$466 | +15 | New |
|
SVRA Hedge Fund Activity: Q3 2013 in Review
36 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Savara (SVRA) for Q3 2013, worth a combined $16M — down 23% from $20.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SVRA positions and 6 closed out — a net gain of 3 holders — while 5 added to existing stakes and 13 trimmed.
The largest buyer was Franklin Resources, adding an estimated $470K. The largest seller was Sabby Management, cutting an estimated $1.81M.
- 36 institutional investors held Savara (SVRA) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $16M of Savara stock for Q3 2013, down 23% quarter-over-quarter.
- 9 funds opened new Savara positions in Q3 2013 and 6 closed out, a net change of +3 holders.
- The largest Savara buyer in Q3 2013 was Franklin Resources, an estimated $470K added.
- The largest Savara seller in Q3 2013 was Sabby Management, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2013.