Xencor
XNCR
114 hedge funds and large institutions have $778M invested in Xencor in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 25 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
2.33% more ownership
Funds ownership: 76.55% → 78.88% (+2.3%)
9% less capital invested
Capital invested by funds: $853M → $778M (-$75.1M)
14% less funds holding
Funds holding: 132 → 114 (-18)
72% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$65.6M |
| 2 |
Primecap Management
Pasadena,
California
|
+$7.35M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.34M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.48M |
| 5 |
BlackRock
New York
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$16.2M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
-$9.08M |
| 3 |
PA
Perceptive Advisors
New York
|
-$7.04M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.72M |
| 5 |
EC
EcoR1 Capital
San Francisco,
California
|
-$5.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
126
Algert Global
San Francisco,
California
| – | -$284K | -11,867 | Closed |
|
127
American Century Companies
Kansas City,
Missouri
| – | -$237K | -9,913 | Closed |
|
|
OC
128
Oppenheimer & Co
New York
| – | -$210K | -8,785 | Closed |
|
|
CSS
129
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$209K | -8,748 | Closed |
|
130
UBS AM
Chicago,
Illinois
| – | -$208K | -8,700 | Closed |
|
|
CCA
131
Catalyst Capital Advisors
Huntington,
New York
| – | -$5K | -225 | Closed |
|
132
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -145 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
|
TSW
134
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$2K | -68 | Closed |
|
|
PHK
135
Point72 Hong Kong
Hong Kong
| – | -$2K | -63 | Closed |
|
136
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -53 | Closed |
|
137
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -27 | Closed |
|
|
TWA
138
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -25 | Closed |
|
XNCR Hedge Fund Activity: Q2 2017 in Review
114 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Xencor (XNCR) for Q2 2017, worth a combined $778M — down 8.8% from $853M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of XNCR and 7 opened new positions — a net loss of 18 holders — while 38 trimmed existing stakes and 45 added.
The largest buyer was Fidelity Investments, adding an estimated $65.6M. The largest seller was Deerfield Management, cutting an estimated $16.2M.
- 114 institutional investors held Xencor (XNCR) as of Q2 2017, down from 132 in Q1 2017.
- Funds reported $778M of Xencor stock for Q2 2017, down 8.8% quarter-over-quarter.
- 7 funds opened new Xencor positions in Q2 2017 and 25 closed out, a net change of -18 holders.
- The largest Xencor buyer in Q2 2017 was Fidelity Investments, an estimated $65.6M added.
- The largest Xencor seller in Q2 2017 was Deerfield Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q2 2017.