Ardelyx
ARDX
75 hedge funds and large institutions have $499M invested in Ardelyx in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 8 reducing their positions, and 6 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 8
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
93% more capital invested
Capital invested by funds: $259M → $499M (+$240M)
17% more funds holding
Funds holding: 64 → 75 (+11)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
+$24M |
| 2 |
EC
EcoR1 Capital
San Francisco,
California
|
+$13.7M |
| 3 |
First Manhattan
New York
|
+$11M |
| 4 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$9.99M |
| 5 |
PA
Perceptive Advisors
New York
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tekla Capital Management
Boston,
Massachusetts
|
-$7.14M |
| 2 |
FCMI
Foresite Capital Management III
Larkspur,
California
|
-$5.25M |
| 3 |
FCMI
Foresite Capital Management II
Larkspur,
California
|
-$3.75M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$808K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$426K |
ARDX Hedge Fund Activity: Q3 2016 in Review
75 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q3 2016, worth a combined $499M — up 93% from $259M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ARDX positions and 6 closed out — a net gain of 11 holders — while 40 added to existing stakes and 8 trimmed.
The largest buyer was NEA Management Company, adding an estimated $24M. The largest seller was Tekla Capital Management, cutting an estimated $7.14M.
- 75 institutional investors held Ardelyx (ARDX) as of Q3 2016, up from 64 in Q2 2016.
- Funds reported $499M of Ardelyx stock for Q3 2016, up 93% quarter-over-quarter.
- 17 funds opened new Ardelyx positions in Q3 2016 and 6 closed out, a net change of +11 holders.
- The largest Ardelyx buyer in Q3 2016 was NEA Management Company, an estimated $24M added.
- The largest Ardelyx seller in Q3 2016 was Tekla Capital Management, an estimated $7.14M sold.
Based on aggregated 13F filings for Q3 2016.