Tectonic Therapeutic
TECX
101 hedge funds and large institutions have $403M invested in Tectonic Therapeutic in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 39 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 98 → 101 (+3)
0.04% more ownership
Funds ownership: 7.19% → 7.23% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
26% less capital invested
Capital invested by funds: $543M → $403M (-$139M)
38% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$10.9M |
| 2 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$7.56M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.75M |
| 4 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$5.46M |
| 5 |
Millennium Management
New York
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$8.81M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.46M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
-$4.26M |
| 4 |
BCM
Burrage Capital Management
Boston,
Massachusetts
|
-$3.94M |
| 5 |
TCM
Tekla Capital Management
Boston,
Massachusetts
|
-$2.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
101
Polar Capital
London,
United Kingdom
| – | -$4.26M | -20,366 | Closed |
|
|
BCM
102
Burrage Capital Management
Boston,
Massachusetts
| – | -$3.94M | -18,825 | Closed |
|
|
TCM
103
Tekla Capital Management
Boston,
Massachusetts
| – | -$2.45M | -11,715 | Closed |
|
104
D.E. Shaw & Co
New York
| – | -$313K | -1,495 | Closed |
|
105
SG Americas Securities
New York
| – | -$177K | -845 | Closed |
|
|
VF
106
Virtu Financial
New York
| – | -$176K | -839 | Closed |
|
107
Ensign Peak Advisors
Salt Lake City,
Utah
| – | -$86K | -410 | Closed |
|
|
MAM
108
Meeder Asset Management
Dublin,
Ohio
| – | -$53K | -251 | Closed |
|
|
WFMPM
109
Woodley Farra Manion Portfolio Management
Indianapolis,
Indiana
| – | -$35K | -167 | Closed |
|
|
PAM
110
Panagora Asset Management
Boston,
Massachusetts
| – | -$25K | -119 | Closed |
|
111
UBS Group
Zurich,
Switzerland
| – | -$20K | -98 | Closed |
|
|
LC
112
Lindbrook Capital
Calabasas,
California
| – | -$806 | -4 | -80% |
|
TECX Hedge Fund Activity: Q3 2020 in Review
101 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q3 2020, worth a combined $403M — down 26% from $543M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TECX positions and 11 closed out — a net gain of 3 holders — while 24 added to existing stakes and 39 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $10.9M. The largest seller was Farallon Capital Management, cutting an estimated $8.81M.
- 101 institutional investors held Tectonic Therapeutic (TECX) as of Q3 2020, up from 98 in Q2 2020.
- Funds reported $403M of Tectonic Therapeutic stock for Q3 2020, down 26% quarter-over-quarter.
- 14 funds opened new Tectonic Therapeutic positions in Q3 2020 and 11 closed out, a net change of +3 holders.
- The largest Tectonic Therapeutic buyer in Q3 2020 was JP Morgan Chase, an estimated $10.9M added.
- The largest Tectonic Therapeutic seller in Q3 2020 was Farallon Capital Management, an estimated $8.81M sold.
Based on aggregated 13F filings for Q3 2020.