My apologies! I was wrong! It must be my early morning cobwebs. :-) I have always been a "morning person"--- up at 4:00 AM and lights out at 8:00 PM.
The amazing thing about the correct number is the company NVAX keeps in the portfolio. They were in 10th place (last I checked yesterday morning) with all the names above them being multibillion sales, long established behemoths.
Yes, 6,805,674 shares.
Very impressive. This is a huge OVERWEIGHT of NVAX in this fund. By huge I mean the shares held and weight relative to the fund and relative to the size of the companies in the fund. For instance, the largest weight in the fund is Bristol Myers, at 5%. NVAX at 3.1%.
Yes, this may be the large transactions of Dec 3 -- I have not been tracking institutional holdings.
As I see it, your 6.8 million share figure is wrong by a FACTOR OF 10! As of December 4, the Fund assets were $881.7 million. NVAX was 3.10% of the portfolio. Multiplying the two figures gives you $2,653,917 as the value of the NVAX shares owned. Divide that figure by $4.01 (the closing price yesterday) and the fund owns 681,613 shares. THEY WERE NOT THE BUYER OF THE 8.1 MILLION+ SHARES ON DECEMBER 3RD!
Big in the fact funds are still buying, great sign. I've been waiting months to see if funds were still just holding, never mind new positions. Even better that they bought after the conference, Booyaa Big!!!