Ardelyx
ARDX
80 hedge funds and large institutions have $228M invested in Ardelyx in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 21 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
86% more capital invested
Capital invested by funds: $123M → $228M (+$105M)
43% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 21
14% more funds holding
Funds holding: 70 → 80 (+10)
4.39% more ownership
Funds ownership: 72.9% → 77.29% (+4.4%)
10% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $1.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$3.67M |
| 2 |
6CM
683 Capital Management
New York
|
+$2.11M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.5M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$1.24M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$1.12M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$877K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$580K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$523K |
| 5 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
76
Berman Capital Advisors
Atlanta,
Georgia
| $1K | – | – | – |
|
|
OAM
77
Oxford Asset Management
Oxford,
United Kingdom
| – | -$877K | -325,854 | Closed |
|
78
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$196K | -72,673 | Closed |
|
79
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$191K | -70,990 | Closed |
|
80
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$112K | -41,816 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$108K | -40,000 | Closed |
|
82
SG Americas Securities
New York
| – | -$69K | -25,810 | Closed |
|
|
PCP
83
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -405 | Closed |
|
|
AG
84
Advisor Group
Phoenix,
Arizona
| – | -$646 | -186 | -69% |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$87 | +25 | New |
|
|
SFS
86
Sowell Financial Services
North Little Rock,
Arkansas
| – | +$347 | +100 | New |
|
ARDX Hedge Fund Activity: Q3 2019 in Review
80 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q3 2019, worth a combined $228M — up 86% from $123M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ARDX positions and 8 closed out — a net gain of 10 holders — while 30 added to existing stakes and 21 trimmed.
The largest buyer was Rock Springs Capital Management, adding an estimated $3.67M. The largest seller was Pekin Hardy Strauss, cutting an estimated $1.12M.
- 80 institutional investors held Ardelyx (ARDX) as of Q3 2019, up from 70 in Q2 2019.
- Funds reported $228M of Ardelyx stock for Q3 2019, up 86% quarter-over-quarter.
- 18 funds opened new Ardelyx positions in Q3 2019 and 8 closed out, a net change of +10 holders.
- The largest Ardelyx buyer in Q3 2019 was Rock Springs Capital Management, an estimated $3.67M added.
- The largest Ardelyx seller in Q3 2019 was Pekin Hardy Strauss, an estimated $1.12M sold.
Based on aggregated 13F filings for Q3 2019.