Ardelyx
ARDX
64 hedge funds and large institutions have $259M invested in Ardelyx in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
12% more capital invested
Capital invested by funds: $232M → $259M (+$27.1M)
9% less funds holding
Funds holding: 70 → 64 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$1.75M |
| 2 |
JP Morgan Chase
New York
|
+$1.34M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$409K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$154K |
| 5 |
Goldman Sachs
New York
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Broadfin Capital
New York
|
-$1.68M |
| 2 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
-$901K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$747K |
| 4 |
SIM
Spark Investment Management
New York
|
-$423K |
| 5 |
FCMI
Foresite Capital Management III
Larkspur,
California
|
-$383K |
ARDX Hedge Fund Activity: Q2 2016 in Review
64 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q2 2016, worth a combined $259M — up 12% from $232M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ARDX and 5 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 26 added.
The largest buyer was Rock Springs Capital Management, adding an estimated $1.75M. The largest seller was Broadfin Capital, exiting entirely with an estimated $1.68M sold.
- 64 institutional investors held Ardelyx (ARDX) as of Q2 2016, down from 70 in Q1 2016.
- Funds reported $259M of Ardelyx stock for Q2 2016, up 12% quarter-over-quarter.
- 5 funds opened new Ardelyx positions in Q2 2016 and 11 closed out, a net change of -6 holders.
- The largest Ardelyx buyer in Q2 2016 was Rock Springs Capital Management, an estimated $1.75M added.
- The largest Ardelyx seller in Q2 2016 was Broadfin Capital, an estimated $1.68M sold.
Based on aggregated 13F filings for Q2 2016.