Ardelyx
ARDX
53 hedge funds and large institutions have $205M invested in Ardelyx in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 5 closing their positions.
460% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 5
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
66% more funds holding
Funds holding: 32 → 53 (+21)
39% more capital invested
Capital invested by funds: $147M → $205M (+$57.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
+$15.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.08M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.58M |
| 4 |
PA
Perceptive Advisors
New York
|
+$2.38M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$23.2M |
| 2 |
BI
BVF Inc
San Francisco,
California
|
-$6.45M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1M |
| 4 |
Morgan Stanley
New York
|
-$245K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$245K |
ARDX Hedge Fund Activity: Q4 2014 in Review
53 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q4 2014, worth a combined $205M — up 39% from $147M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ARDX positions and 5 closed out — a net gain of 23 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Cormorant Asset Management, adding an estimated $15.4M. The largest seller was NEA Management Company, cutting an estimated $23.2M.
- 53 institutional investors held Ardelyx (ARDX) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $205M of Ardelyx stock for Q4 2014, up 39% quarter-over-quarter.
- 28 funds opened new Ardelyx positions in Q4 2014 and 5 closed out, a net change of +23 holders.
- The largest Ardelyx buyer in Q4 2014 was Cormorant Asset Management, an estimated $15.4M added.
- The largest Ardelyx seller in Q4 2014 was NEA Management Company, an estimated $23.2M sold.
Based on aggregated 13F filings for Q4 2014.