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Ardelyx

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

2.42% less ownership

Funds ownership: 78.66%76.25% (-2.4%)

7% less funds holding

Funds holding: 8882 (-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

Holders
82
Holders Change
-6
Holders Change %
-6.82%
% of All Funds
2.04%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
33
Reduced
22
Closed
12
Calls
$6K
Puts
$146K
Net Calls
-$140K
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NMC
1
NEA Management Company
Maryland
$78.9M
DM
2
Deerfield Management
New York
$15.4M +$2.46M +466,700 +20%
BlackRock
3
BlackRock
New York
$14.5M +$472K +89,642 +4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$14.3M
RSCM
5
Rock Springs Capital Management
Maryland
$11.2M
PA
6
Perceptive Advisors
New York
$7.57M -$2.41M -458,190 -25%
Vanguard Group
7
Vanguard Group
Pennsylvania
$5.92M -$1.17M -221,562 -17%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$5.11M -$533K -101,100 -10%
MWNA
9
Marshall Wace North America
New York
$4.49M -$309K -58,632 -7%
OM
10
Opaleye Management
Massachusetts
$3.92M +$809K +153,500 +28%
TCM
11
Tekla Capital Management
Massachusetts
$3.58M
First Manhattan
12
First Manhattan
New York
$3.28M -$191K -36,210 -6%
CAM
13
Cormorant Asset Management
Massachusetts
$3.21M -$4.48M -850,000 -60%
State Street
14
State Street
Massachusetts
$2.93M +$76.6K +14,550 +3%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$2.39M +$881K +167,341 +65%
Northern Trust
16
Northern Trust
Illinois
$2.17M +$108K +20,519 +6%
SFM
17
Sphera Funds Management
Israel
$1.93M
DCM
18
DAFNA Capital Management
California
$1.82M -$253K -48,000 -13%
TA
19
Teachers Advisors
New York
$1.77M +$4.21K +799 +0.3%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$1.66M +$584K +110,919 +60%
KCM
21
Kennedy Capital Management
Missouri
$1.37M -$25.6K -4,865 -2%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$1.33M -$93.7K -17,783 -7%
AI
23
Axiom Investors
Connecticut
$1.03M +$382K +72,573 +66%
CM
24
Crestline Management
Texas
$790K -$372K -70,661 -33%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$777K -$31.6K -6,001 -4%

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.