Ardelyx
ARDX
96 hedge funds and large institutions have $170M invested in Ardelyx in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 15 reducing their positions, and 11 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 15
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
20% more funds holding
Funds holding: 80 → 96 (+16)
0.41% less ownership
Funds ownership: 73.98% → 73.57% (-0.41%)
4% less capital invested
Capital invested by funds: $178M → $170M (-$7.69M)
12% less call options, than puts
Call options by funds: $95K | Put options by funds: $108K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$13.9M |
| 2 |
NMC
NEA Management Company
Timonium,
Maryland
|
+$5.81M |
| 3 |
BlackRock
New York
|
+$4.51M |
| 4 |
DM
Deerfield Management
New York
|
+$4.13M |
| 5 |
Millennium Management
New York
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OM
Opaleye Management
Boston,
Massachusetts
|
-$5.73M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.38M |
| 3 |
JP Morgan Chase
New York
|
-$1.64M |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
-$1.51M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$976K |
ARDX Hedge Fund Activity: Q2 2018 in Review
96 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q2 2018, worth a combined $170M — down 4.3% from $178M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ARDX positions and 11 closed out — a net gain of 16 holders — while 41 added to existing stakes and 15 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $13.9M. The largest seller was Opaleye Management, exiting entirely with an estimated $5.73M sold.
- 96 institutional investors held Ardelyx (ARDX) as of Q2 2018, up from 80 in Q1 2018.
- Funds reported $170M of Ardelyx stock for Q2 2018, down 4.3% quarter-over-quarter.
- 27 funds opened new Ardelyx positions in Q2 2018 and 11 closed out, a net change of +16 holders.
- The largest Ardelyx buyer in Q2 2018 was Adage Capital Partners, an estimated $13.9M added.
- The largest Ardelyx seller in Q2 2018 was Opaleye Management, an estimated $5.73M sold.
Based on aggregated 13F filings for Q2 2018.