MODERNA INC

Y-Intercept (Hong Kong) Ltd's Moderna position grew from 16,510 shares to 139,861 this quarter — a genuine 747% increase and an $8.6 million real purchase, the second-largest flow among the stock's 91 tracked holders. Zoom out and the buying was broader than one fund: Douglas Lane & Associates, the dominant holder at nearly half of all tracked institutional value, added a real 2.4% to its stake; Contravisory Investment Management grew almost fifteenfold (+1,387%, a real $1.6 million buy); and Union Bancaire Privee grew from just 200 shares to 15,200. On the other side, Farther Finance Advisors made the largest real cut (-23.7%, $335 thousand outflow), and the Pennsylvania Public School Employees' Retirement System trimmed 3.7% ($211 thousand real outflow).