Tectonic Therapeutic
TECX
40 hedge funds and large institutions have $88.1M invested in Tectonic Therapeutic in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 24 reducing their positions, and 11 closing their positions.
46% more capital invested
Capital invested by funds: $60.2M → $88.1M (+$27.9M)
30.81% more ownership
Funds ownership: 5.49% → 36.3% (+31%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 46 → 40 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
63% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.6M |
| 2 |
EC
EcoR1 Capital
San Francisco,
California
|
+$13.6M |
| 3 |
5VM
5AM Venture Management
San Francisco,
California
|
+$10.4M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$6.9M |
| 5 |
BCM
BML Capital Management
Zionsville,
Indiana
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$1.43M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$559K |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$320K |
| 4 |
VAM
Vazirani Asset Management
New York
|
-$192K |
| 5 |
Two Sigma Advisers
New York
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| – | -$5.12K | -333 | Closed |
|
TECX Hedge Fund Activity: Q2 2024 in Review
40 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q2 2024, worth a combined $88.1M — up 46% from $60.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TECX and 5 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 9 added.
The largest buyer was Fidelity Investments, adding an estimated $14.6M. The largest seller was Newtyn Management, exiting entirely with an estimated $1.43M sold.
- 40 institutional investors held Tectonic Therapeutic (TECX) as of Q2 2024, down from 46 in Q1 2024.
- Funds reported $88.1M of Tectonic Therapeutic stock for Q2 2024, up 46% quarter-over-quarter.
- 5 funds opened new Tectonic Therapeutic positions in Q2 2024 and 11 closed out, a net change of -6 holders.
- The largest Tectonic Therapeutic buyer in Q2 2024 was Fidelity Investments, an estimated $14.6M added.
- The largest Tectonic Therapeutic seller in Q2 2024 was Newtyn Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q2 2024.