Ardelyx
ARDX
101 hedge funds and large institutions have $435M invested in Ardelyx in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 47 increasing their positions, 26 reducing their positions, and 13 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.17% less ownership
Funds ownership: 87.29% → 86.12% (-1.2%)
4% less funds holding
Funds holding: 105 → 101 (-4)
23% less capital invested
Capital invested by funds: $562M → $435M (-$127M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
79% less call options, than puts
Call options by funds: $243K | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$14.9M |
| 2 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$7.19M |
| 3 |
BlackRock
New York
|
+$6.44M |
| 4 |
IC
Ikarian Capital
Dallas,
Texas
|
+$5.55M |
| 5 |
Morgan Stanley
New York
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$26.7M |
| 2 |
Renaissance Technologies
New York
|
-$3.23M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.95M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$2.93M |
| 5 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$2.11M |
ARDX Hedge Fund Activity: Q1 2020 in Review
101 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q1 2020, worth a combined $435M — down 23% from $562M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ARDX and 10 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 47 added.
The largest buyer was Marshall Wace, adding an estimated $14.9M. The largest seller was Deerfield Management, cutting an estimated $26.7M.
- 101 institutional investors held Ardelyx (ARDX) as of Q1 2020, down from 105 in Q4 2019.
- Funds reported $435M of Ardelyx stock for Q1 2020, down 23% quarter-over-quarter.
- 10 funds opened new Ardelyx positions in Q1 2020 and 13 closed out, a net change of -3 holders.
- The largest Ardelyx buyer in Q1 2020 was Marshall Wace, an estimated $14.9M added.
- The largest Ardelyx seller in Q1 2020 was Deerfield Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2020.