Ardelyx
ARDX
105 hedge funds and large institutions have $562M invested in Ardelyx in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 39 increasing their positions, 15 reducing their positions, and 10 closing their positions.
250% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 10
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
160% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 15
146% more capital invested
Capital invested by funds: $228M → $562M (+$334M)
31% more funds holding
Funds holding: 80 → 105 (+25)
10% more ownership
Funds ownership: 77.29% → 87.29% (+10%)
7% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $1.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$32.6M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
+$24.3M |
| 3 |
DM
Deerfield Management
New York
|
+$21.9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.3M |
| 5 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
-$2.31M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$2.04M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.83M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$820K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$531K |
ARDX Hedge Fund Activity: Q4 2019 in Review
105 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q4 2019, worth a combined $562M — up 146% from $228M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ARDX positions and 10 closed out — a net gain of 25 holders — while 39 added to existing stakes and 15 trimmed.
The largest buyer was RA Capital Management, opening a new position worth an estimated $32.6M. The largest seller was DAFNA Capital Management, cutting an estimated $2.31M.
- 105 institutional investors held Ardelyx (ARDX) as of Q4 2019, up from 80 in Q3 2019.
- Funds reported $562M of Ardelyx stock for Q4 2019, up 146% quarter-over-quarter.
- 35 funds opened new Ardelyx positions in Q4 2019 and 10 closed out, a net change of +25 holders.
- The largest Ardelyx buyer in Q4 2019 was RA Capital Management, an estimated $32.6M added.
- The largest Ardelyx seller in Q4 2019 was DAFNA Capital Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2019.