Tectonic Therapeutic
TECX
46 hedge funds and large institutions have $60.2M invested in Tectonic Therapeutic in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
82% more capital invested
Capital invested by funds: $33.1M → $60.2M (+$27.1M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 45 → 46 (+1)
0.94% more ownership
Funds ownership: 4.55% → 5.49% (+0.94%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
ADAR1 Capital Management
Austin,
Texas
|
+$5.15M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.66M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.54M |
| 4 |
TCM
Tang Capital Management
San Diego,
California
|
+$1.13M |
| 5 |
PM
Prosight Management
Dallas,
Texas
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$2.13M |
| 2 |
Morgan Stanley
New York
|
-$1.45M |
| 3 |
VAM
Vazirani Asset Management
New York
|
-$660K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$480K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$467K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JC
51
JBF Capital
Aspen,
Colorado
| – | -$218K | -13,333 | Closed |
|
52
Bank of New York Mellon
New York
| – | -$22.8K | -1,399 | Closed |
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$15K | -917 | Closed |
|
|
VF
54
Virtu Financial
New York
| – | -$14K | -837 | Closed |
|
TECX Hedge Fund Activity: Q1 2024 in Review
46 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q1 2024, worth a combined $60.2M — up 82% from $33.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TECX positions and 8 closed out — a net gain of 1 holder — while 10 added to existing stakes and 13 trimmed.
The largest buyer was ADAR1 Capital Management, adding an estimated $5.15M. The largest seller was Newtyn Management, cutting an estimated $2.13M.
- 46 institutional investors held Tectonic Therapeutic (TECX) as of Q1 2024, up from 45 in Q4 2023.
- Funds reported $60.2M of Tectonic Therapeutic stock for Q1 2024, up 82% quarter-over-quarter.
- 9 funds opened new Tectonic Therapeutic positions in Q1 2024 and 8 closed out, a net change of +1 holder.
- The largest Tectonic Therapeutic buyer in Q1 2024 was ADAR1 Capital Management, an estimated $5.15M added.
- The largest Tectonic Therapeutic seller in Q1 2024 was Newtyn Management, an estimated $2.13M sold.
Based on aggregated 13F filings for Q1 2024.