GeneDx Holdings
136 hedge funds and large institutions have $799M invested in GeneDx Holdings in 2024 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 6 closing their positions.
833% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 6
206% more capital inflows, than outflows
Capital inflows: $129M | Capital outflows: $42.4M
87% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 23
58% more funds holding
Funds holding: 86 → 136 (+50)
7.64% more ownership
Funds ownership: 62.27% → 69.91% (+7.6%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
38% less call options, than puts
Call options by funds: $4.34M | Put options by funds: $6.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fred Alger Management
New York
|
+$13.3M |
| 2 |
Millennium Management
New York
|
+$8.88M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$7.58M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$6.44M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$14M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.03M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.54M |
| 4 |
Soleus Capital Management
Greenwich,
Connecticut
|
-$2.27M |
| 5 |
OIM
Oracle Investment Management
Greenwich,
Connecticut
|
-$2.03M |
WGS Hedge Fund Activity: Q3 2024 in Review
136 of the 6,984 institutional investors tracked by Wall St. Rank reported a position in GeneDx Holdings (WGS) for Q3 2024, worth a combined $799M — up 88% from $426M a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new WGS positions and 6 closed out — a net gain of 50 holders — while 43 added to existing stakes and 23 trimmed.
The largest buyer was Fred Alger Management, opening a new position worth an estimated $13.3M. The largest seller was Blackstone Inc, cutting an estimated $14M.
- 136 institutional investors held GeneDx Holdings (WGS) as of Q3 2024, up from 86 in Q2 2024.
- Funds reported $799M of GeneDx Holdings stock for Q3 2024, up 88% quarter-over-quarter.
- 56 funds opened new GeneDx Holdings positions in Q3 2024 and 6 closed out, a net change of +50 holders.
- The largest GeneDx Holdings buyer in Q3 2024 was Fred Alger Management, an estimated $13.3M added.
- The largest GeneDx Holdings seller in Q3 2024 was Blackstone Inc, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2024.