Xencor
XNCR
94 hedge funds and large institutions have $357M invested in Xencor in 2015 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 39 increasing their positions, 7 reducing their positions, and 8 closing their positions.
457% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 7
388% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 8
58% more capital invested
Capital invested by funds: $226M → $357M (+$131M)
49% more funds holding
Funds holding: 63 → 94 (+31)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$29.9M |
| 2 |
Primecap Management
Pasadena,
California
|
+$21.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.2M |
| 4 |
Jennison Associates
New York
|
+$11.8M |
| 5 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.2M |
| 2 |
FCMI
Foresite Capital Management I
Larkspur,
California
|
-$9.35M |
| 3 |
BC
Broadfin Capital
New York
|
-$8.36M |
| 4 |
QF
QVT Financial
New York
|
-$1.76M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
101
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$202K | -12,563 | Closed |
|
102
Bank of America
Charlotte,
North Carolina
| – | -$21K | -1,280 | Closed |
|
XNCR Hedge Fund Activity: Q1 2015 in Review
94 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Xencor (XNCR) for Q1 2015, worth a combined $357M — up 58% from $226M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new XNCR positions and 8 closed out — a net gain of 31 holders — while 39 added to existing stakes and 7 trimmed.
The largest buyer was Deerfield Management, opening a new position worth an estimated $29.9M. The largest seller was Adage Capital Partners, cutting an estimated $14.2M.
- 94 institutional investors held Xencor (XNCR) as of Q1 2015, up from 63 in Q4 2014.
- Funds reported $357M of Xencor stock for Q1 2015, up 58% quarter-over-quarter.
- 39 funds opened new Xencor positions in Q1 2015 and 8 closed out, a net change of +31 holders.
- The largest Xencor buyer in Q1 2015 was Deerfield Management, an estimated $29.9M added.
- The largest Xencor seller in Q1 2015 was Adage Capital Partners, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2015.