Zai Lab
ZLAB
33 hedge funds and large institutions have $220M invested in Zai Lab in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 21 closing their positions.
2.76% more ownership
Funds ownership: 18.24% → 21% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital invested
Capital invested by funds: $247M → $220M (-$27.3M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
28% less funds holding
Funds holding: 46 → 33 (-13)
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.1M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$9.6M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$5.02M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$4.53M |
| 5 |
SCM
Segantii Capital Management
Hong Kong
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$7.51M |
| 2 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
-$5.75M |
| 3 |
EC
EcoR1 Capital
San Francisco,
California
|
-$4.31M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.94M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| – | -$47K | -1,735 | Closed |
|
|
FMA
52
FNY Managed Accounts
New York
| – | -$43K | -1,600 | Closed |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| – | -$11K | -425 | Closed |
|
|
CCA
54
Catalyst Capital Advisors
Huntington,
New York
| – | -$5K | -180 | Closed |
|
ZLAB Hedge Fund Activity: Q4 2017 in Review
33 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Zai Lab (ZLAB) for Q4 2017, worth a combined $220M — down 11% from $247M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ZLAB and 8 opened new positions — a net loss of 13 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Fidelity Investments, adding an estimated $40.1M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $7.51M sold.
- 33 institutional investors held Zai Lab (ZLAB) as of Q4 2017, down from 46 in Q3 2017.
- Funds reported $220M of Zai Lab stock for Q4 2017, down 11% quarter-over-quarter.
- 8 funds opened new Zai Lab positions in Q4 2017 and 21 closed out, a net change of -13 holders.
- The largest Zai Lab buyer in Q4 2017 was Fidelity Investments, an estimated $40.1M added.
- The largest Zai Lab seller in Q4 2017 was Janus Henderson Group, an estimated $7.51M sold.
Based on aggregated 13F filings for Q4 2017.