Matrix Capital Reports a $108 Million ZNTL Buy

JC Parets
June 21, 2023

The most significant transaction on today's list comes in a Form 4 filing by Matrix Capital Management.

The hedge fund reported the acquisition of 4,760,000 shares, equivalent to $107.8 million, in the small-cap biotech company Zentalis Pharmaceuticals, Inc $ZNTL.

Matrix Capital now owns 19.81% of ZNTL.

Here’s The Hot List, with data through June 20, 2023:

The only 13D on today’s list was filed by Access Industries Holdings LLC, which revealed an initial stake of 14.95% in Disc Medicine Inc $IRON.

In another Form 4, the CEO of Nerdy Inc $NRDY revealed  a small purchase.

In the options market, there was bullish flow in Las Vegas Sands Corp $LVS.

Stay tuned. We'll be back on Thursday with more insider activity.

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All Star Charts Team

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