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Theravance Biopharma

84 hedge funds and large institutions have $1.62B invested in Theravance Biopharma in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 36 increasing their positions, 23 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 23

1.16% more ownership

Funds ownership: 86.78%87.94% (+1.2%)

11% less funds holding

Funds holding: 9484 (-10)

12% less capital invested

Capital invested by funds: $1.84B → $1.62B (-$224M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

75% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 12

82% less call options, than puts

Call options by funds: $394K | Put options by funds: $2.19M

Holders
84
Holders Change
-10
Holders Change %
-10.64%
% of All Funds
2.09%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.1%
New
3
Increased
36
Reduced
23
Closed
12
Calls
$394K
Puts
$2.19M
Net Calls
-$1.79M
Net Calls Change
-$860K
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Woodford Investment Management
United Kingdom
$367M -$2.35K -72 -0%
BG
2
Baupost Group
Massachusetts
$319M +$1.15M +35,177 +0.4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$271M +$1.95M +59,645 +0.8%
BlackRock
4
BlackRock
New York
$130M +$5.44M +166,389 +5%
Vanguard Group
5
Vanguard Group
Pennsylvania
$113M +$3.13M +95,778 +3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$78.8M +$32.1M +980,855 +74%
First Manhattan
7
First Manhattan
New York
$55.2M -$4.62M -141,433 -8%
CAM
8
Cormorant Asset Management
Massachusetts
$32.5M
State Street
9
State Street
Massachusetts
$31.3M +$790K +24,154 +3%
Norges Bank
10
Norges Bank
Norway
$27.5M
RSCM
11
Rock Springs Capital Management
Maryland
$22.1M +$1.45M +44,400 +7%
Northern Trust
12
Northern Trust
Illinois
$18M -$123K -3,754 -0.7%
FAM
13
Foundation Asset Management
New York
$14.8M -$614K -18,774 -4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$12.3M +$219K +6,709 +2%
C
15
Chescapmanager
Maryland
$9.64M +$1.98M +60,420 +27%
Goldman Sachs
16
Goldman Sachs
New York
$8.79M +$577K +17,632 +7%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$7.2M +$85.8K +2,624 +1%
Charles Schwab
18
Charles Schwab
California
$6.56M +$466K +14,241 +8%
SAM
19
Senzar Asset Management
New York
$6.24M +$5.95M +182,100 New
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$6.18M +$813K +24,850 +16%
OM
21
Opaleye Management
Massachusetts
$6.16M
BNP Paribas Asset Management
22
BNP Paribas Asset Management
France
$5.99M +$395K +12,069 +7%
State of New Jersey Common Pension Fund D
23
State of New Jersey Common Pension Fund D
New Jersey
$5.49M
TCIM
24
TIAA CREF Investment Management
New York
$4.56M -$683K -20,892 -14%
Wells Fargo
25
Wells Fargo
California
$4.01M +$928K +28,391 +32%

TBPH Hedge Fund Activity: Q3 2017 in Review

84 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Theravance Biopharma (TBPH) for Q3 2017, worth a combined $1.62B — down 12% from $1.84B a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of TBPH and 3 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 36 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $32.1M. The largest seller was Marshall Wace North America, exiting entirely with an estimated $8.85M sold.

  • 84 institutional investors held Theravance Biopharma (TBPH) as of Q3 2017, down from 94 in Q2 2017.
  • Funds reported $1.62B of Theravance Biopharma stock for Q3 2017, down 12% quarter-over-quarter.
  • 3 funds opened new Theravance Biopharma positions in Q3 2017 and 12 closed out, a net change of -9 holders.
  • The largest Theravance Biopharma buyer in Q3 2017 was T. Rowe Price Associates, an estimated $32.1M added.
  • The largest Theravance Biopharma seller in Q3 2017 was Marshall Wace North America, an estimated $8.85M sold.

Based on aggregated 13F filings for Q3 2017.