Ardelyx
ARDX
58 hedge funds and large institutions have $367M invested in Ardelyx in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 11 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 15
11% more capital invested
Capital invested by funds: $329M → $367M (+$37.5M)
5% less funds holding
Funds holding: 61 → 58 (-3)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tekla Capital Management
Boston,
Massachusetts
|
+$12M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.31M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.34M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.77M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
RA Capital Management
Boston,
Massachusetts
|
-$12.2M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
-$3.08M |
| 3 |
Millennium Management
New York
|
-$2.45M |
| 4 |
FC
Finepoint Capital
Boston,
Massachusetts
|
-$2.19M |
| 5 |
BC
Broadfin Capital
New York
|
-$1.87M |
ARDX Hedge Fund Activity: Q3 2015 in Review
58 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q3 2015, worth a combined $367M — up 11% from $329M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ARDX and 8 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 30 added.
The largest buyer was Tekla Capital Management, opening a new position worth an estimated $12M. The largest seller was RA Capital Management, cutting an estimated $12.2M.
- 58 institutional investors held Ardelyx (ARDX) as of Q3 2015, down from 61 in Q2 2015.
- Funds reported $367M of Ardelyx stock for Q3 2015, up 11% quarter-over-quarter.
- 8 funds opened new Ardelyx positions in Q3 2015 and 11 closed out, a net change of -3 holders.
- The largest Ardelyx buyer in Q3 2015 was Tekla Capital Management, an estimated $12M added.
- The largest Ardelyx seller in Q3 2015 was RA Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2015.