Tectonic Therapeutic
TECX
89 hedge funds and large institutions have $481M invested in Tectonic Therapeutic in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 16 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 19
43% more capital invested
Capital invested by funds: $337M → $481M (+$144M)
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
5% more funds holding
Funds holding: 85 → 89 (+4)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more ownership
Funds ownership: 6.29% → 6.29% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$10.7M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$3.1M |
| 3 |
JP Morgan Chase
New York
|
+$2.86M |
| 4 |
TCM
Tang Capital Management
San Diego,
California
|
+$2.75M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$11.1M |
| 2 |
BC
Boxer Capital
San Diego,
California
|
-$8.47M |
| 3 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$4.03M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.94M |
| 5 |
GTC
Ghost Tree Capital
New York
|
-$2.19M |
TECX Hedge Fund Activity: Q4 2019 in Review
89 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q4 2019, worth a combined $481M — up 43% from $337M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TECX positions and 16 closed out — a net gain of 4 holders — while 32 added to existing stakes and 19 trimmed.
The largest buyer was Deerfield Management, adding an estimated $10.7M. The largest seller was PFM Health Sciences, exiting entirely with an estimated $11.1M sold.
- 89 institutional investors held Tectonic Therapeutic (TECX) as of Q4 2019, up from 85 in Q3 2019.
- Funds reported $481M of Tectonic Therapeutic stock for Q4 2019, up 43% quarter-over-quarter.
- 20 funds opened new Tectonic Therapeutic positions in Q4 2019 and 16 closed out, a net change of +4 holders.
- The largest Tectonic Therapeutic buyer in Q4 2019 was Deerfield Management, an estimated $10.7M added.
- The largest Tectonic Therapeutic seller in Q4 2019 was PFM Health Sciences, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2019.