Tectonic Therapeutic
TECX
98 hedge funds and large institutions have $543M invested in Tectonic Therapeutic in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 15 reducing their positions, and 14 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 15
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
16% more capital invested
Capital invested by funds: $468M → $543M (+$75M)
7% more funds holding
Funds holding: 92 → 98 (+6)
0.24% more ownership
Funds ownership: 6.96% → 7.19% (+0.24%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$10.9M |
| 2 |
BlackRock
New York
|
+$9.44M |
| 3 |
SIG
Senator Investment Group
New York
|
+$8.59M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.09M |
| 5 |
JP Morgan Chase
New York
|
+$6.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$17.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$12.3M |
| 3 |
VC
Vivo Capital
Palo Alto,
California
|
-$7.97M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.85M |
| 5 |
TCM
Tang Capital Management
San Diego,
California
|
-$3.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
101
Marshall Wace North America
New York
| – | -$2.25M | -12,054 | Closed |
|
|
SCM
102
Segantii Capital Management
Hong Kong
| – | -$1.63M | -8,750 | Closed |
|
|
ACM
103
Asymmetry Capital Management
San Francisco,
California
| – | -$1.33M | -7,130 | Closed |
|
|
ACM
104
Atika Capital Management
New York
| – | -$942K | -5,050 | Closed |
|
105
Adage Capital Partners
Boston,
Massachusetts
| – | -$778K | -4,167 | Closed |
|
106
Allianz Asset Management
Munich,
Germany
| – | -$649K | -3,477 | Closed |
|
|
AI
107
Atom Investors
Austin,
Texas
| – | -$599K | -3,206 | Closed |
|
|
PCM
108
Pinz Capital Management
New York
| – | -$413K | -2,211 | Closed |
|
|
DCM
109
Dupont Capital Management
Wilmington,
Delaware
| – | -$243K | -1,300 | Closed |
|
110
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$205K | -1,099 | Closed |
|
|
SO
111
STRS Ohio
Columbus,
Ohio
| – | -$130K | -700 | Closed |
|
|
PA
112
Parallel Advisors
San Francisco,
California
| – | -$8K | -47 | Closed |
|
TECX Hedge Fund Activity: Q2 2020 in Review
98 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q2 2020, worth a combined $543M — up 16% from $468M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TECX positions and 14 closed out — a net gain of 6 holders — while 45 added to existing stakes and 15 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $10.9M. The largest seller was Deerfield Management, exiting entirely with an estimated $17.5M sold.
- 98 institutional investors held Tectonic Therapeutic (TECX) as of Q2 2020, up from 92 in Q1 2020.
- Funds reported $543M of Tectonic Therapeutic stock for Q2 2020, up 16% quarter-over-quarter.
- 20 funds opened new Tectonic Therapeutic positions in Q2 2020 and 14 closed out, a net change of +6 holders.
- The largest Tectonic Therapeutic buyer in Q2 2020 was Bank of New York Mellon, an estimated $10.9M added.
- The largest Tectonic Therapeutic seller in Q2 2020 was Deerfield Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2020.