Vir Biotechnology Stock Has Doubled This Past Year. One Fund Just Bought 1.2 Million Shares

Vir Biotechnology Stock Has Doubled This Past Year. One Fund Just Bought 1.2 Million Shares

Key PointsBoxer Capital Management increased its Vir Biotechnology stake by 1,241,000 shares in the first quarter; the estimated trade size was $9.89 million.Meanwhile, the quarter-end position value rose by $12.95 million, reflecting both share purchases and stock price movements.The transaction represented a 1.3% change in the fund’s 13F reportable assets under management (AUM)Post-trade, the fund holds 1,866,000 Vir Biotechnology shares value…