Sorrento Therapeutics Inc (SRNE)

[Jesspro]

Dia76, Seems like big tutes are accumulating. Got this from an ST poster.

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SRNE


VANGUARD Adds 17,683,000 SRNE Shares
Kudos to Bonanzaa36 for catching this.
According to Fintel tonight, multiple Vanguard funds
reported new ownership in SRNE today, including
Vanguard Total Stock Market Index Fund: 10,897,884/
sh., Vanguard Extended Market Index: 6,058,370/sh,
plus 2 other Vanguard funds combined buys
727,900/shhttps://fintel.io/so/us/srne
On Aug. 12 in a 13F SEC quarterly filing, Vanguard Group
Inc. reported owning 20,896,424/sh. at 6/29/22,
which equaled 4.64% ownership in SRNE. SEC requires
any ownership greater than 5% to be reported within 10
days which would explain the need for today's filing.
Assuming no change from 6/30, the combined ownership
puts Vanguard's SRNE position at approx. 38,580,000
or 8.57%. On 6/30/22, State Street owned 8.81% and
Blackrock 7.55%.
On 6/30, 36.25% of SRNE float was held by institutions it
now looks like institutional ownership in SRNE holds over
40% of the float. Whales are buying !!!