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Re: dpinvest post# 40398

Thursday, 09/10/2015 2:53:15 AM

Thursday, September 10, 2015 2:53:15 AM

Post# of 698814
TC_trader, you are correct. The 13G very specifically states that filing is for the Woodford Equity Income Fund. Woodford Investment Management is the name of the company. There are 2 funds managed by the company: Equity Income Fund and Patient Capital Trust.

Equity Income Fund has 14,280,360 shares as referenced in the 13G filing. Now, Patient Capital Trust also owns NWBO shares (4.5% of the total fund size of GBP 829 million, or roughly equivalent to $56 million or roughly 7 million shares; see the link to their website).

So, if anything, I'm estimating the 2 funds together own roughly 21 million shares.

Question is, why don't we see a 13G for the Patient Capital Trust. Perhaps is coming any day now.

https://woodfordfunds.com/our-funds/wpct/trust-facts/
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