Top 5 Stock Picks of Farallon Capital

3. Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA

Farallon Capital Equity Stake: $40.13 Million
Number of Hedge Fund Holders: 14

Another top stock that Farallon Capital invests in is Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA). This company is focused on finding and creating small molecule drugs that can treat viral infections and liver diseases. Enanta Pharmaceuticals, Inc. Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) researches and develops disease targets that include respiratory syncytial virus, SARS-CoV-2, human metapneumovirus, and hepatitis B virus.

Farallon Capital has been buying and selling shares in Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) since 2017. As of the end of the second quarter, it held stakes worth $40 million, accounting for 0.22% of the portfolio.

As of Q2 2022, 14 of the 910 hedge funds tracked by Insider Monkey owned shares of Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA), valued at 119.41 million, Thomas Steyer’s Farallon Capital was its second-largest shareholder after Armistice Capital, with ownership of 1.88 million shares.

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