Tango Therapeutics
TNGX
100 hedge funds and large institutions have $1,000M invested in Tango Therapeutics in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 11 closing their positions.
341% more capital invested
Capital invested by funds: $227M → $1,000M (+$773M)
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
12% more funds holding
Funds holding: 89 → 100 (+11)
10.02% more ownership
Funds ownership: 77.28% → 87.3% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Nextech Invest
Zurich,
Switzerland
|
+$33.7M |
| 2 |
EC
EcoR1 Capital
San Francisco,
California
|
+$28.5M |
| 3 |
PA
Perceptive Advisors
New York
|
+$14.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.79M |
| 5 |
BCLSI
Bain Capital Life Sciences Investors
Boston,
Massachusetts
|
+$5.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.07M |
| 2 |
Millennium Management
New York
|
-$1.03M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$548K |
| 4 |
BlackRock
New York
|
-$396K |
| 5 |
Man Group
London,
United Kingdom
|
-$277K |
TNGX Hedge Fund Activity: Q3 2023 in Review
100 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Tango Therapeutics (TNGX) for Q3 2023, worth a combined $1,000M — up 341% from $227M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TNGX positions and 11 closed out — a net gain of 11 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was Nextech Invest, opening a new position worth an estimated $33.7M. The largest seller was Jacobs Levy Equity Management, cutting an estimated $1.07M.
- 100 institutional investors held Tango Therapeutics (TNGX) as of Q3 2023, up from 89 in Q2 2023.
- Funds reported $1,000M of Tango Therapeutics stock for Q3 2023, up 341% quarter-over-quarter.
- 22 funds opened new Tango Therapeutics positions in Q3 2023 and 11 closed out, a net change of +11 holders.
- The largest Tango Therapeutics buyer in Q3 2023 was Nextech Invest, an estimated $33.7M added.
- The largest Tango Therapeutics seller in Q3 2023 was Jacobs Levy Equity Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2023.