KNSA ranks #2331 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
KNSA is a top-conviction position for Spruce Street Capital LP — at 11.5% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in KNSA belongs to FMR LLC, but the position matters far more to Spruce Street Capital LP, who has 11.5% 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 KNSA position for two straight quarters, increasing it by $378.1M to reach $445.8M today.
Caption Management, LLC has trimmed its KNSA position for two straight quarters, cutting it by $40.7M while still holding $20.8M.
KNSA is up 0.7% today, and institutions have been net buyers of $288.3M this quarter — today's price move and the underlying institutional flow are pointing the same direction.