Amarin Corp Plc (AMRN)

[rosemountbomber]

“Among these funds, Baker Bros. Advisors held the most valuable stake in Kodiak Sciences Inc (NASDAQ:KOD), which was worth $1314.8 million at the end of the second quarter. On the second spot was Hillhouse Capital Management which amassed $75.3 million worth of shares. Perceptive Advisors, Osterweis Capital Management, and Two Sigma Advisors were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Baker Bros. Advisors allocated the biggest weight to Kodiak Sciences Inc (NASDAQ:KOD), around 5.77% of its 13F portfolio. Hillhouse Capital Management is also relatively very bullish on the stock, dishing out 0.78 percent of its 13F equity portfolio to KOD.

Seeing as Kodiak Sciences Inc (NASDAQ:KOD) has faced falling interest from the entirety of the hedge funds we track, it's easy to see that there exists a select few fund managers who were dropping their entire stakes heading into Q3. It's worth mentioning that Bob Peck and Andy Raab's FPR Partners said goodbye to the largest position of the 750 funds tracked by Insider Monkey, totaling an estimated $40 million in stock, and Noam Gottesman's GLG Partners was right behind this move, as the fund sold off about $3.8 million worth. These transactions are important to note, as total hedge fund interest was cut by 5 funds heading into Q3.”

https://finance.yahoo.com/news/hedge-funds-regret-dumping-kodiak-145231529.html