Accuray
ARAY
130 hedge funds and large institutions have $463M invested in Accuray in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 34 reducing their positions, and 19 closing their positions.
202% more call options, than puts
Call options by funds: $914K | Put options by funds: $303K
56% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 34
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2% less funds holding
Funds holding: 132 → 130 (-2)
16% less capital invested
Capital invested by funds: $548M → $463M (-$85.3M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
+$4.27M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$4.21M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.63M |
| 4 |
Renaissance Technologies
New York
|
+$2.8M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$8.57M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$8.44M |
| 3 |
Millennium Management
New York
|
-$5.66M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.75M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$4.58M |
ARAY Hedge Fund Activity: Q1 2016 in Review
130 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Accuray (ARAY) for Q1 2016, worth a combined $463M — down 16% from $548M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ARAY and 18 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 53 added.
The largest buyer was Sectoral Asset Management, opening a new position worth an estimated $4.27M. The largest seller was Kornitzer Capital Management, cutting an estimated $8.57M.
- 130 institutional investors held Accuray (ARAY) as of Q1 2016, down from 132 in Q4 2015.
- Funds reported $463M of Accuray stock for Q1 2016, down 16% quarter-over-quarter.
- 18 funds opened new Accuray positions in Q1 2016 and 19 closed out, a net change of -1 holder.
- The largest Accuray buyer in Q1 2016 was Sectoral Asset Management, an estimated $4.27M added.
- The largest Accuray seller in Q1 2016 was Kornitzer Capital Management, an estimated $8.57M sold.
Based on aggregated 13F filings for Q1 2016.