Ardelyx
ARDX
82 hedge funds and large institutions have $204M invested in Ardelyx in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
7% more capital invested
Capital invested by funds: $190M → $204M (+$13.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.42% less ownership
Funds ownership: 78.66% → 76.25% (-2.4%)
7% less funds holding
Funds holding: 88 → 82 (-6)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
96% less call options, than puts
Call options by funds: $6K | Put options by funds: $146K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$2.46M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$881K |
| 3 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$809K |
| 4 |
GPP
Great Point Partners
Greenwich,
Connecticut
|
+$650K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$4.48M |
| 2 |
Millennium Management
New York
|
-$2.83M |
| 3 |
PA
Perceptive Advisors
New York
|
-$2.41M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.17M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$533K |
ARDX Hedge Fund Activity: Q3 2017 in Review
82 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q3 2017, worth a combined $204M — up 7.2% from $190M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ARDX and 7 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 33 added.
The largest buyer was Deerfield Management, adding an estimated $2.46M. The largest seller was Cormorant Asset Management, cutting an estimated $4.48M.
- 82 institutional investors held Ardelyx (ARDX) as of Q3 2017, down from 88 in Q2 2017.
- Funds reported $204M of Ardelyx stock for Q3 2017, up 7.2% quarter-over-quarter.
- 7 funds opened new Ardelyx positions in Q3 2017 and 12 closed out, a net change of -5 holders.
- The largest Ardelyx buyer in Q3 2017 was Deerfield Management, an estimated $2.46M added.
- The largest Ardelyx seller in Q3 2017 was Cormorant Asset Management, an estimated $4.48M sold.
Based on aggregated 13F filings for Q3 2017.