Tectonic Therapeutic
TECX
85 hedge funds and large institutions have $337M invested in Tectonic Therapeutic in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 10 reducing their positions, and 8 closing their positions.
340% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 10
238% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 8
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more funds holding
Funds holding: 66 → 85 (+19)
26% more capital invested
Capital invested by funds: $268M → $337M (+$69.2M)
0.57% more ownership
Funds ownership: 5.71% → 6.29% (+0.57%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
+$15.6M |
| 2 |
BC
Boxer Capital
San Diego,
California
|
+$11.3M |
| 3 |
BlackRock
New York
|
+$10.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.4M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$24.1M |
| 2 |
SHI
SV Health Investors
Boston,
Massachusetts
|
-$9.69M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.81M |
| 4 |
AG
Artal Group
Luxembourg
|
-$1.26M |
| 5 |
SCIM
Spring Creek Investment Management
Philadelphia,
Pennsylvania
|
-$1.12M |
TECX Hedge Fund Activity: Q3 2019 in Review
85 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q3 2019, worth a combined $337M — up 26% from $268M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TECX positions and 8 closed out — a net gain of 19 holders — while 44 added to existing stakes and 10 trimmed.
The largest buyer was Tang Capital Management, opening a new position worth an estimated $15.6M. The largest seller was Blackstone Inc, exiting entirely with an estimated $24.1M sold.
- 85 institutional investors held Tectonic Therapeutic (TECX) as of Q3 2019, up from 66 in Q2 2019.
- Funds reported $337M of Tectonic Therapeutic stock for Q3 2019, up 26% quarter-over-quarter.
- 27 funds opened new Tectonic Therapeutic positions in Q3 2019 and 8 closed out, a net change of +19 holders.
- The largest Tectonic Therapeutic buyer in Q3 2019 was Tang Capital Management, an estimated $15.6M added.
- The largest Tectonic Therapeutic seller in Q3 2019 was Blackstone Inc, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2019.