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Theravance Biopharma

98 hedge funds and large institutions have $1.4B invested in Theravance Biopharma in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 16 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 16

142% more call options, than puts

Call options by funds: $1.8M | Put options by funds: $744K

84.36% more ownership

Funds ownership: 0%84.36% (+84%)

10% more capital invested

Capital invested by funds: $1.27B → $1.4B (+$124M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 22

2% less funds holding

Funds holding: 10098 (-2)

Holders
98
Holders Change
-2
Holders Change %
-2%
% of All Funds
2.45%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
22
Increased
42
Reduced
16
Closed
22
Calls
$1.8M
Puts
$744K
Net Calls
+$1.05M
Net Calls Change
+$1.75M
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Woodford Investment Management
United Kingdom
$335M +$34.1M +1,100,471 +12%
BG
2
Baupost Group
Massachusetts
$296M +$59.6M +1,923,000 +26%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$177M +$47.7M +1,537,310 +38%
Vanguard Group
4
Vanguard Group
Pennsylvania
$94.2M +$8.68M +279,926 +10%
BFA
5
BlackRock Fund Advisors
California
$70.8M +$12M +388,206 +21%
First Manhattan
6
First Manhattan
New York
$58.7M +$24.7M +797,722 +76%
CAM
7
Cormorant Asset Management
Massachusetts
$45.4M +$9.51M +306,628 +27%
BIT
8
BlackRock Institutional Trust
California
$32.7M +$4.54M +146,247 +17%
Norges Bank
9
Norges Bank
Norway
$27.6M
State Street
10
State Street
Massachusetts
$27.1M +$4.08M +131,646 +18%
RSCM
11
Rock Springs Capital Management
Maryland
$19.1M
FAM
12
Foundation Asset Management
New York
$16.2M +$2.64M +85,202 +20%
Northern Trust
13
Northern Trust
Illinois
$15.1M +$1.51M +48,560 +11%
Marshall Wace
14
Marshall Wace
United Kingdom
$13M +$10.2M +329,812 +417%
Franklin Resources
15
Franklin Resources
California
$12.1M +$11.8M +379,400 New
Geode Capital Management
16
Geode Capital Management
Massachusetts
$9.95M +$1.43M +46,103 +17%
HIM
17
Hillhouse Investment Management
Cayman Islands
$9.7M +$9.44M +304,256 New
EAM
18
EverPoint Asset Management
Connecticut
$9.24M +$9M +290,000 New
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$9.19M -$836K -26,958 -9%
C
20
Chescapmanager
Maryland
$8.68M +$8.44M +272,153 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$6.4M -$652K -21,009 -9%
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$5.81M +$5.66M +182,365 New
Point72 Asset Management
23
Point72 Asset Management
Connecticut
$5.44M +$5.29M +170,700 New
State of New Jersey Common Pension Fund D
24
State of New Jersey Common Pension Fund D
New Jersey
$5.12M
OM
25
Opaleye Management
Massachusetts
$5.04M +$4.91M +158,200 New

TBPH Hedge Fund Activity: Q4 2016 in Review

98 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Theravance Biopharma (TBPH) for Q4 2016, worth a combined $1.4B — up 9.7% from $1.27B a quarter earlier.

Fund positioning in TBPH was balanced in Q4 2016: 22 funds opened new positions, 22 closed out, 42 added to existing stakes and 16 trimmed.

The largest buyer was Baupost Group, adding an estimated $59.6M. The largest seller was Wellington Management Group, exiting entirely with an estimated $6.92M sold.

  • 98 institutional investors held Theravance Biopharma (TBPH) as of Q4 2016, down from 100 in Q3 2016.
  • Funds reported $1.4B of Theravance Biopharma stock for Q4 2016, up 9.7% quarter-over-quarter.
  • 22 funds opened new Theravance Biopharma positions in Q4 2016 and 22 closed out, a net change of 0 holders.
  • The largest Theravance Biopharma buyer in Q4 2016 was Baupost Group, an estimated $59.6M added.
  • The largest Theravance Biopharma seller in Q4 2016 was Wellington Management Group, an estimated $6.92M sold.

Based on aggregated 13F filings for Q4 2016.