Anavex Life Sciences Corp (AVXL)

[Steady_T]

Interesting.

Institution ownership

AVXL insty 36.87%
SAVA insty 28.60%
ANVS insty 10.25%
NWBO insty 0.23%

This suggests that the percent needed by the various index funds is much lower than 20%. Anavex may be included in a number of specialty basket funds where the inclusion is at the discretion of the fund management.

Even so, it appears to me that there is a significant amount of insty ownership that is discretionary and represents a positive outlook on the company.

Data is from Fintel.io