|
|
Post by kc on Feb 8, 2019 6:27:27 GMT -5
|
|
|
|
Post by hellodolly on Feb 8, 2019 6:45:35 GMT -5
11.8M Shares of MNKD. Have they been acquiring or have they just joined the party? I haven't kept up with the quarterly filings by tutes 13-Gs. .
|
|
|
|
Post by kc on Feb 8, 2019 6:47:14 GMT -5
I believe they have been invested for sometime
|
|
|
|
Post by hellodolly on Feb 8, 2019 7:06:50 GMT -5
Thanks. A nice read and a look at what Fink see's in corporate culture with millennia's at the helm. |
|
|
|
Post by barnstormer on Feb 8, 2019 7:28:22 GMT -5
If I am reading SEC filling the have increased their existing position by 218,379 over their Sept 2018 reported holdings of 11,614,025 shares.
|
|
|
|
Post by patten1962 on Feb 8, 2019 7:42:36 GMT -5
Bottom line, They have increased, not Decreased!
Sure they are buying even more! Just my Guess. 😁
|
|
|
|
Post by rossomalley on Feb 8, 2019 7:50:05 GMT -5
With BlackRock 13G’s it’s unclear what/who is buying, since they’re an asset manager rather than a true institutional investor. But Patten is right, more is good!
|
|
|
|
Post by mnholdem on Feb 8, 2019 8:04:09 GMT -5
WhaleWisdom: BlackRock had 11,682,722 shares reported Nov 9, 2018. Source: whalewisdom.com/stock/mnkdThe 2-8-19 SEC filing lists beneficial ownership of 11,832,404 which is an increase of 149,682 shares currently owned/managed by BlackRock Inc. |
|
|
|
Post by agedhippie on Feb 8, 2019 11:16:15 GMT -5
Tracker funds and ETFs. As people invest in their index funds they have to buy the underlying stocks to balance the index. If Blackrock had a buy of a couple of million it would be interesting, but this is just housekeeping.
|
|
limo
Researcher
Posts: 82
|
Post by limo on Feb 8, 2019 12:31:57 GMT -5
Correct
|
|
|
|
Post by cjm18 on Feb 8, 2019 23:07:50 GMT -5
Tracker funds and ETFs. As people invest in their index funds they have to buy the underlying stocks to balance the index. If Blackrock had a buy of a couple of million it would be interesting, but this is just housekeeping. Spencer agrees. Mk apparently is clueless or misleading. |
|
|
|
Post by InvesterSam on Feb 9, 2019 14:30:51 GMT -5
Tracker funds and ETFs. As people invest in their index funds they have to buy the underlying stocks to balance the index. If Blackrock had a buy of a couple of million it would be interesting, but this is just housekeeping. Spencer agrees. Mk apparently is clueless or misleading. Is it reasonable assuming that EFT buys 6.4% of a company or of the entire sector of Biotech? |
|
|
|
Post by agedhippie on Feb 9, 2019 17:59:18 GMT -5
Spencer agrees. Mk apparently is clueless or misleading. Is it reasonable assuming that EFT buys 6.4% of a company or of the entire sector of Biotech? Yes. The example I gave, IBB, tracks the NASDAQ biotech index which is the entire NASDAQ listed biotech sector. As of 6.4% of the company (that would be all ETFs, not just IBB) - that's easy. BlackRock is the biggest of the big three ETF providers, BlackRock, Vanguard, and State Street who between them have 79% of the ETF market. If anything it sounds low. |
|
|
|
Post by brotherm1 on Feb 9, 2019 21:19:52 GMT -5
Perhaps more telling of the significance of Black Rock’s holdings in MNKD would be the MNKD percent of shares they own comapred to the percent of their other individiual holdings?
|
|
|
|
Post by InvesterSam on Feb 9, 2019 22:50:02 GMT -5
Is it reasonable assuming that EFT buys 6.4% of a company or of the entire sector of Biotech? Yes. The example I gave, IBB, tracks the NASDAQ biotech index which is the entire NASDAQ listed biotech sector. As of 6.4% of the company (that would be all ETFs, not just IBB) - that's easy. BlackRock is the biggest of the big three ETF providers, BlackRock, Vanguard, and State Street who between them have 79% of the ETF market. If anything it sounds low.
Issuer BlackRock Brand iShares Inception Date 02/05/01 Legal Structure Open-Ended Fund Expense Ratio 0.47% Assets Under Management $8.15B ... Number of Holdings 224 MNKD: 0.03% (of $8.15B) = $2.445 million or 1.9 million share @$1.30 They seem to have 10 million more shares than IBB requires. Am I right? |
|
