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Theravance Biopharma

86 hedge funds and large institutions have $1.08B invested in Theravance Biopharma in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

311% more call options, than puts

Call options by funds: $2.21M | Put options by funds: $537K

19% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 27

0.14% more ownership

Funds ownership: 87.05%87.19% (+0.14%)

4% less funds holding

Funds holding: 9086 (-4)

6% less capital invested

Capital invested by funds: $1.16B → $1.08B (-$72.2M)

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
86
Holders Change
-4
Holders Change %
-4.44%
% of All Funds
1.97%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
8
Increased
32
Reduced
27
Closed
12
Calls
$2.21M
Puts
$537K
Net Calls
+$1.67M
Net Calls Change
-$611K
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Woodford Investment Management
United Kingdom
$254M +$7.48M +315,000 +3%
BG
2
Baupost Group
Massachusetts
$211M
Fidelity Investments
3
Fidelity Investments
Massachusetts
$183M +$202K +8,493 +0.1%
BlackRock
4
BlackRock
New York
$85.1M +$3.98M +167,747 +5%
Vanguard Group
5
Vanguard Group
Pennsylvania
$80.4M +$2.59M +108,949 +3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$39.5M -$14.4M -604,415 -26%
CAM
7
Cormorant Asset Management
Massachusetts
$29.5M
AC
8
Armistice Capital
New York
$26.8M +$28M +1,180,000 New
State Street
9
State Street
Massachusetts
$19.9M +$379K +15,942 +2%
Norges Bank
10
Norges Bank
Norway
$18.1M +$1.94M +81,780 +11%
RSCM
11
Rock Springs Capital Management
Maryland
$14.8M
First Manhattan
12
First Manhattan
New York
$14M -$505K -21,270 -3%
Northern Trust
13
Northern Trust
Illinois
$12.1M +$445K +18,733 +4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$9.86M +$990K +41,712 +11%
C
15
Chescapmanager
Maryland
$9.15M +$1.25M +52,690 +15%
State of New Jersey Common Pension Fund D
16
State of New Jersey Common Pension Fund D
New Jersey
$6.02M +$950K +40,000 +18%
BNP Paribas Asset Management
17
BNP Paribas Asset Management
France
$5.4M +$357K +15,032 +7%
Charles Schwab
18
Charles Schwab
California
$5.13M +$408K +17,193 +8%
Goldman Sachs
19
Goldman Sachs
New York
$5.05M -$5.88M -247,692 -53%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$4.67M -$90.6K -3,817 -2%
Jacobs Levy Equity Management
21
Jacobs Levy Equity Management
New Jersey
$4.49M +$3.03M +127,422 +181%
Wells Fargo
22
Wells Fargo
California
$2.91M -$197K -8,305 -6%
TCIM
23
TIAA CREF Investment Management
New York
$2.82M -$8.1K -341 -0.3%
Deutsche Bank
24
Deutsche Bank
Germany
$2.75M +$287K +12,075 +11%
OWIM
25
Old West Investment Management
California
$2.52M +$42.3K +1,781 +2%

TBPH Hedge Fund Activity: Q2 2018 in Review

86 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Theravance Biopharma (TBPH) for Q2 2018, worth a combined $1.08B — down 6.2% from $1.16B a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of TBPH and 8 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 32 added.

The largest buyer was Armistice Capital, opening a new position worth an estimated $28M. The largest seller was T. Rowe Price Associates, cutting an estimated $14.4M.

  • 86 institutional investors held Theravance Biopharma (TBPH) as of Q2 2018, down from 90 in Q1 2018.
  • Funds reported $1.08B of Theravance Biopharma stock for Q2 2018, down 6.2% quarter-over-quarter.
  • 8 funds opened new Theravance Biopharma positions in Q2 2018 and 12 closed out, a net change of -4 holders.
  • The largest Theravance Biopharma buyer in Q2 2018 was Armistice Capital, an estimated $28M added.
  • The largest Theravance Biopharma seller in Q2 2018 was T. Rowe Price Associates, an estimated $14.4M sold.

Based on aggregated 13F filings for Q2 2018.