Tectonic Therapeutic
TECX
99 hedge funds and large institutions have $424M invested in Tectonic Therapeutic in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 24 reducing their positions, and 19 closing their positions.
197% more call options, than puts
Call options by funds: $957K | Put options by funds: $322K
96% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.45% less ownership
Funds ownership: 7.13% → 6.68% (-0.45%)
6% less funds holding
Funds holding: 105 → 99 (-6)
14% less capital invested
Capital invested by funds: $494M → $424M (-$71M)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$21.2M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$13.9M |
| 3 |
State Street
Boston,
Massachusetts
|
+$13M |
| 4 |
JP Morgan Chase
New York
|
+$5.77M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$18.2M |
| 2 |
Holocene Advisors
New York
|
-$15.9M |
| 3 |
SHI
SV Health Investors
Boston,
Massachusetts
|
-$12.4M |
| 4 |
DM
Deerfield Management
New York
|
-$11.2M |
| 5 |
O
OrbiMed
New York
|
-$11.1M |
TECX Hedge Fund Activity: Q1 2021 in Review
99 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Tectonic Therapeutic (TECX) for Q1 2021, worth a combined $424M — down 14% from $494M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TECX and 13 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 47 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $21.2M. The largest seller was Eventide Asset Management, exiting entirely with an estimated $18.2M sold.
- 99 institutional investors held Tectonic Therapeutic (TECX) as of Q1 2021, down from 105 in Q4 2020.
- Funds reported $424M of Tectonic Therapeutic stock for Q1 2021, down 14% quarter-over-quarter.
- 13 funds opened new Tectonic Therapeutic positions in Q1 2021 and 19 closed out, a net change of -6 holders.
- The largest Tectonic Therapeutic buyer in Q1 2021 was GMT Capital, an estimated $21.2M added.
- The largest Tectonic Therapeutic seller in Q1 2021 was Eventide Asset Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2021.