Tectonic Therapeutic
TECX
45 hedge funds and large institutions have $33.1M invested in Tectonic Therapeutic in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17,400% more call options, than puts
Call options by funds: $175K | Put options by funds: $1K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.3% less ownership
Funds ownership: 4.85% → 4.55% (-0.3%)
4% less funds holding
Funds holding: 47 → 45 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
17% less capital invested
Capital invested by funds: $39.9M → $33.1M (-$6.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.05M |
| 2 |
NM
Newtyn Management
New York
|
+$1.05M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$505K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$491K |
| 5 |
Renaissance Technologies
New York
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
-$5.41M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$387K |
| 3 |
JP Morgan Chase
New York
|
-$120K |
| 4 |
Millennium Management
New York
|
-$55.2K |
| 5 |
VF
Virtu Financial
New York
|
-$36.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$331 | -18 | Closed |
|
TECX Hedge Fund Activity: Q4 2023 in Review
45 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q4 2023, worth a combined $33.1M — down 17% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TECX and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $1.05M. The largest seller was Tang Capital Management, exiting entirely with an estimated $5.41M sold.
- 45 institutional investors held Tectonic Therapeutic (TECX) as of Q4 2023, down from 47 in Q3 2023.
- Funds reported $33.1M of Tectonic Therapeutic stock for Q4 2023, down 17% quarter-over-quarter.
- 5 funds opened new Tectonic Therapeutic positions in Q4 2023 and 6 closed out, a net change of -1 holder.
- The largest Tectonic Therapeutic buyer in Q4 2023 was Morgan Stanley, an estimated $1.05M added.
- The largest Tectonic Therapeutic seller in Q4 2023 was Tang Capital Management, an estimated $5.41M sold.
Based on aggregated 13F filings for Q4 2023.