Ardelyx
ARDX
53 hedge funds and large institutions have $154M invested in Ardelyx in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 13 closing their positions.
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more funds holding
Funds holding: 53 → 53 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
25% less capital invested
Capital invested by funds: $205M → $154M (-$50.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.5M |
| 2 |
FC
Finepoint Capital
Boston,
Massachusetts
|
+$2.56M |
| 3 |
SM
Sabby Management
Miami Beach,
Florida
|
+$2.1M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.8M |
| 5 |
Morgan Stanley
New York
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.55M |
| 2 |
JP Morgan Chase
New York
|
-$1.73M |
| 3 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
-$1.19M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$755K |
| 5 |
Goldman Sachs
New York
|
-$751K |
ARDX Hedge Fund Activity: Q1 2015 in Review
53 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q1 2015, worth a combined $154M — down 25% from $205M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ARDX positions and 13 closed out — a net gain of 1 holder — while 14 added to existing stakes and 18 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15.5M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $4.55M sold.
- 53 institutional investors held Ardelyx (ARDX) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $154M of Ardelyx stock for Q1 2015, down 25% quarter-over-quarter.
- 14 funds opened new Ardelyx positions in Q1 2015 and 13 closed out, a net change of +1 holder.
- The largest Ardelyx buyer in Q1 2015 was Fidelity Investments, an estimated $15.5M added.
- The largest Ardelyx seller in Q1 2015 was T. Rowe Price Associates, an estimated $4.55M sold.
Based on aggregated 13F filings for Q1 2015.