Deerfield Management’s Ardelyx ARDX Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2024 Q4	–	Sell	-30,354	Closed	-$209K	–	137
2024 Q3	$209K	Buy	+30,354	New	+$209K	﹤0.01%	422
2021 Q3	–	Sell	-3,811,554	Closed	-$28.9M	–	135
2021 Q2	$28.9M	Buy	3,811,554 +1,250,000	+49%	+$9.48M	0.51%	59
2021 Q1	$17M	Hold	2,561,554	–	–	0.36%	78
2020 Q4	$16.6M	Hold	2,561,554	–	–	0.33%	78
2020 Q3	$13.4M	Hold	2,561,554	–	–	0.33%	74
2020 Q2	$17.7M	Sell	2,561,554 -521,446	-17%	-$3.61M	0.52%	63
2020 Q1	$17.5M	Sell	3,083,000 -3,921,253	-56%	-$22.3M	0.56%	55
2019 Q4	$52.6M	Buy	7,004,253 +3,603,843	+106%	+$27M	1.68%	17
2019 Q3	$16M	Sell	3,400,410 -60,888	-2%	-$286K	0.65%	46
2019 Q2	$9.31M	Buy	3,461,298 +177,000	+5%	+$476K	0.33%	72
2019 Q1	$9.2M	Buy	3,284,298 +321,376	+11%	+$900K	0.35%	61
2018 Q4	$5.3M	Sell	2,962,922 -529,000	-15%	-$947K	0.21%	74
2018 Q3	$15.2M	Hold	3,491,922	–	–	0.54%	54
2018 Q2	$12.9M	Buy	3,491,922 +889,189	+34%	+$3.29M	0.45%	74
2018 Q1	$13.1M	Buy	2,602,733 +133,153	+5%	+$672K	0.46%	71
2017 Q4	$16.3M	Sell	2,469,580 -276,900	-10%	-$1.83M	0.64%	50
2017 Q3	$15.4M	Buy	2,746,480 +466,700	+20%	+$2.61M	0.69%	48
2017 Q2	$11.6M	Buy	2,279,780 +1,438,036	+171%	+$7.33M	0.62%	47
2017 Q1	$10.6M	Buy	841,744 +468,101	+125%	+$5.92M	0.41%	62
2016 Q4	$5.31M	Sell	373,643 -245,000	-40%	-$3.48M	0.22%	74
2016 Q3	$8.01M	Buy	618,643 +343,643	+125%	+$4.45M	0.37%	49
2016 Q2	$2.4M	Hold	275,000	–	–	0.09%	84
2016 Q1	$2.14M	Buy	+275,000	New	+$2.14M	0.09%	86