GTX ranks #1297 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
GTX is a disclosed holding of Howard Marks (Oaktree Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 3.8% of that fund's own 13F portfolio.
GTX is a top-conviction position for Gem Investment Advisors, LLC — at 22.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in GTX belongs to FMR LLC, but the position matters far more to Gem Investment Advisors, LLC, who has 22.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Fidelity has added to its GTX position for two straight quarters, increasing it by $492.2M to reach $603.4M today.
Marshall Wace, LLP has trimmed its GTX position for two straight quarters, cutting it by $39.5M while still holding $38.5M.
GTX is up 3% today, and institutions have been net buyers of $601.2M this quarter — today's price move and the underlying institutional flow are pointing the same direction.