Dorsey Wright & Associates increased its stake in Galapagos NV (NASDAQ:GLPG) by 36.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,187 shares of the biotechnology company’s stock after acquiring an additional 17,830 shares during the period. Dorsey Wright & Associates’ holdings in Galapagos were worth $6,205,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLPG. Financial Gravity Companies Inc. purchased a new position in Galapagos in the fourth quarter worth about $104,000. Tower Research Capital LLC TRC grew its position in Galapagos by 7,340.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,488 shares of the biotechnology company’s stock worth $140,000 after acquiring an additional 1,468 shares in the last quarter. New York State Common Retirement Fund purchased a new position in Galapagos in the second quarter worth about $166,000. Envestnet Asset Management Inc. grew its position in Galapagos by 156.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,742 shares of the biotechnology company’s stock worth $177,000 after acquiring an additional 1,063 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Galapagos in the third quarter worth about $218,000. Institutional investors own 19.38% of the company’s stock.