Ardelyx
ARDX
80 hedge funds and large institutions have $178M invested in Ardelyx in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 80 → 80 (0)
0.37% less ownership
Funds ownership: 74.35% → 73.98% (-0.37%)
24% less capital invested
Capital invested by funds: $234M → $178M (-$55.9M)
89% less call options, than puts
Call options by funds: $14K | Put options by funds: $130K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
| 2 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$1.47M |
| 3 |
FCMI
Foresite Capital Management III
Larkspur,
California
|
+$1.27M |
| 4 |
Millennium Management
New York
|
+$1.03M |
| 5 |
FCMI
Foresite Capital Management II
Larkspur,
California
|
+$998K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.2M |
| 2 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$3.78M |
| 3 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$2.28M |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
-$1.01M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$834K |
ARDX Hedge Fund Activity: Q1 2018 in Review
80 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q1 2018, worth a combined $178M — down 24% from $234M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ARDX positions and 11 closed out — a net gain of 1 holder — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $1.51M. The largest seller was Fidelity Investments, cutting an estimated $4.2M.
- 80 institutional investors held Ardelyx (ARDX) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $178M of Ardelyx stock for Q1 2018, down 24% quarter-over-quarter.
- 12 funds opened new Ardelyx positions in Q1 2018 and 11 closed out, a net change of +1 holder.
- The largest Ardelyx buyer in Q1 2018 was Dimensional Fund Advisors, an estimated $1.51M added.
- The largest Ardelyx seller in Q1 2018 was Fidelity Investments, an estimated $4.2M sold.
Based on aggregated 13F filings for Q1 2018.