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Theravance Biopharma

96 hedge funds and large institutions have $1.22B invested in Theravance Biopharma in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 22 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 22

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

3% more funds holding

Funds holding: 9396 (+3)

0.04% more ownership

Funds ownership: 86.03%86.07% (+0.04%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

21% less capital invested

Capital invested by funds: $1.55B → $1.22B (-$328M)

Holders
96
Holders Change
+3
Holders Change %
+3.23%
% of All Funds
2.14%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
39
Reduced
22
Closed
14
Calls
$245K
Puts
Net Calls
+$245K
Net Calls Change
-$457K
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Woodford Investment Management
United Kingdom
$315M +$16.8M +621,650 +5%
BG
2
Baupost Group
Massachusetts
$238M
Fidelity Investments
3
Fidelity Investments
Massachusetts
$209M +$1.24M +46,071 +0.6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$102M +$8.32M +308,030 +8%
BlackRock
5
BlackRock
New York
$98.9M +$801K +29,667 +0.8%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$31.6M -$9.8M -363,125 -23%
CAM
7
Cormorant Asset Management
Massachusetts
$22.6M -$5.81M -215,084 -20%
State Street
8
State Street
Massachusetts
$22.6M -$58.1K -2,152 -0.2%
Norges Bank
9
Norges Bank
Norway
$22.4M +$1.01M +37,425 +4%
Morgan Stanley
10
Morgan Stanley
New York
$16M +$13.7M +508,426 +432%
Northern Trust
11
Northern Trust
Illinois
$14.1M +$115K +4,274 +0.8%
RSCM
12
Rock Springs Capital Management
Maryland
$14.1M
Geode Capital Management
13
Geode Capital Management
Massachusetts
$12.7M +$1.24M +46,003 +10%
C
14
Chescapmanager
Maryland
$10.6M +$162K +6,000 +1%
CS
15
Candriam SCA
Luxembourg
$7.16M +$675K +25,000 +10%
State of New Jersey Common Pension Fund D
16
State of New Jersey Common Pension Fund D
New Jersey
$6.79M
Charles Schwab
17
Charles Schwab
California
$6.01M -$53.4K -1,978 -0.8%
Goldman Sachs
18
Goldman Sachs
New York
$6.01M +$418K +15,475 +7%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$5.33M +$68.8K +2,547 +1%
Jacobs Levy Equity Management
20
Jacobs Levy Equity Management
New Jersey
$4.47M +$110K +4,080 +2%
TCIM
21
TIAA CREF Investment Management
New York
$4.28M +$227K +8,405 +5%
TA
22
Teachers Advisors
New York
$3.94M +$377K +13,954 +10%
JP Morgan Chase
23
JP Morgan Chase
New York
$3.56M +$3.44M +127,240 +1,069%
Wells Fargo
24
Wells Fargo
California
$3.36M +$71.3K +2,642 +2%
OWIM
25
Old West Investment Management
California
$2.82M -$29.2K -1,083 -1%

TBPH Hedge Fund Activity: Q4 2018 in Review

96 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Theravance Biopharma (TBPH) for Q4 2018, worth a combined $1.22B — down 21% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TBPH positions and 14 closed out — a net gain of 3 holders — while 39 added to existing stakes and 22 trimmed.

The largest buyer was Woodford Investment Management, adding an estimated $16.8M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $23.9M sold.

  • 96 institutional investors held Theravance Biopharma (TBPH) as of Q4 2018, up from 93 in Q3 2018.
  • Funds reported $1.22B of Theravance Biopharma stock for Q4 2018, down 21% quarter-over-quarter.
  • 17 funds opened new Theravance Biopharma positions in Q4 2018 and 14 closed out, a net change of +3 holders.
  • The largest Theravance Biopharma buyer in Q4 2018 was Woodford Investment Management, an estimated $16.8M added.
  • The largest Theravance Biopharma seller in Q4 2018 was Consonance Capital Management, an estimated $23.9M sold.

Based on aggregated 13F filings for Q4 2018.