Ardelyx
ARDX
80 hedge funds and large institutions have $234M invested in Ardelyx in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 16 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
15% more capital invested
Capital invested by funds: $204M → $234M (+$30.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.9% less ownership
Funds ownership: 76.25% → 74.35% (-1.9%)
2% less funds holding
Funds holding: 82 → 80 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
96% less call options, than puts
Call options by funds: $11K | Put options by funds: $314K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.63M |
| 3 |
CM
Crestline Management
Fort Worth,
Texas
|
+$1.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.89M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
-$7.57M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.11M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.86M |
| 4 |
First Manhattan
New York
|
-$3.28M |
| 5 |
DM
Deerfield Management
New York
|
-$1.64M |
ARDX Hedge Fund Activity: Q4 2017 in Review
80 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q4 2017, worth a combined $234M — up 15% from $204M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ARDX and 14 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 30 added.
The largest buyer was JP Morgan Chase, adding an estimated $4.5M. The largest seller was Perceptive Advisors, exiting entirely with an estimated $7.57M sold.
- 80 institutional investors held Ardelyx (ARDX) as of Q4 2017, down from 82 in Q3 2017.
- Funds reported $234M of Ardelyx stock for Q4 2017, up 15% quarter-over-quarter.
- 14 funds opened new Ardelyx positions in Q4 2017 and 16 closed out, a net change of -2 holders.
- The largest Ardelyx buyer in Q4 2017 was JP Morgan Chase, an estimated $4.5M added.
- The largest Ardelyx seller in Q4 2017 was Perceptive Advisors, an estimated $7.57M sold.
Based on aggregated 13F filings for Q4 2017.