Zai Lab
ZLAB
61 hedge funds and large institutions have $493M invested in Zai Lab in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more capital invested
Capital invested by funds: $394M → $493M (+$98.4M)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
3% more funds holding
Funds holding: 59 → 61 (+2)
2% more ownership
Funds ownership: 34.47% → 36.47% (+2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $250K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.39M |
| 2 |
BlackRock
New York
|
+$6.02M |
| 3 |
EC
EcoR1 Capital
San Francisco,
California
|
+$4.07M |
| 4 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$3.19M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$4.99M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$3.29M |
| 3 |
VC
Vivo Capital
Palo Alto,
California
|
-$2.77M |
| 4 |
PSCM
Prince Street Capital Management
New York
|
-$2.12M |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
76
Boothbay Fund Management
New York
| – | -$257K | -13,200 | Closed |
|
77
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$146K | -7,500 | Closed |
|
|
PHK
78
Point72 Hong Kong
Hong Kong
| – | -$3K | -139 | Closed |
|
79
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -49 | Closed |
|
ZLAB Hedge Fund Activity: Q4 2018 in Review
61 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Zai Lab (ZLAB) for Q4 2018, worth a combined $493M — up 25% from $394M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ZLAB positions and 18 closed out — a net gain of 2 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $8.39M. The largest seller was Marshall Wace, cutting an estimated $4.99M.
- 61 institutional investors held Zai Lab (ZLAB) as of Q4 2018, up from 59 in Q3 2018.
- Funds reported $493M of Zai Lab stock for Q4 2018, up 25% quarter-over-quarter.
- 20 funds opened new Zai Lab positions in Q4 2018 and 18 closed out, a net change of +2 holders.
- The largest Zai Lab buyer in Q4 2018 was Credit Suisse, an estimated $8.39M added.
- The largest Zai Lab seller in Q4 2018 was Marshall Wace, an estimated $4.99M sold.
Based on aggregated 13F filings for Q4 2018.