On the 14th of December, Viking Global Investors sold 1000 thousand Adaptive Biotechnologies Corpor (NASDAQ:ADPT) shares for $56 million at an average price of $55.65 per share. Shares of Adaptive Biotechnologies Corpor are down -14.13% since the transaction.
Viking Global Investors's holding in Adaptive Biotechnologies Corpor decreased to about 30 million shares with the transaction.
Viking Global Investors first bought Adaptive Biotechnologies Corpor stock in the second quarter of 2019. Viking Global Investors also owns Boston Scientific Corporation (NYSE:BSX), Zimmer Biomet Holdings Inc (NYSE:ZBH), Align Technology Inc (NASDAQ:ALGN) and Avantor, Inc. (NYSE:AVTR). Adaptive Biotechnologies Corpor is its number one position by number of shares and market value among health care supplies stocks.
Other investors who also reduced their Adaptive Biotechnologies Corpor shares include Gilder Gagnon Howe & Co., TimesSquare Capital Management, and Victory Capital Management. Contrary to Viking Global Investors, California State Teachers Retirement System, the T. Rowe Price Equity Income Fund, and Nikko Asset Management Americas added to ADPT shares, while Eminence Capital and BT Investment Management established new holdings in Adaptive Biotechnologies Corpor.