Ardelyx
ARDX
66 hedge funds and large institutions have $387M invested in Ardelyx in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
14% more funds holding
Funds holding: 58 → 66 (+8)
14% more capital inflows, than outflows
Capital inflows: $24M | Capital outflows: $21.1M
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
20.08% less ownership
Funds ownership: 81.81% → 61.73% (-20%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.85M |
| 2 |
BlackRock Fund Advisors
San Francisco,
California
|
+$5.9M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.39M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.2M |
| 5 |
Globeflex Capital
San Diego,
California
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA Capital Management
Boston,
Massachusetts
|
-$9.17M |
| 2 |
Broadfin Capital
New York
|
-$3.72M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.45M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$1.2M |
| 5 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$925K |
ARDX Hedge Fund Activity: Q4 2015 in Review
66 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q4 2015, worth a combined $387M — up 5.6% from $367M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ARDX positions and 7 closed out — a net gain of 8 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.85M. The largest seller was RA Capital Management, cutting an estimated $9.17M.
- 66 institutional investors held Ardelyx (ARDX) as of Q4 2015, up from 58 in Q3 2015.
- Funds reported $387M of Ardelyx stock for Q4 2015, up 5.6% quarter-over-quarter.
- 15 funds opened new Ardelyx positions in Q4 2015 and 7 closed out, a net change of +8 holders.
- The largest Ardelyx buyer in Q4 2015 was Fidelity Investments, an estimated $8.85M added.
- The largest Ardelyx seller in Q4 2015 was RA Capital Management, an estimated $9.17M sold.
Based on aggregated 13F filings for Q4 2015.