Ardelyx
ARDX
127 hedge funds and large institutions have $643M invested in Ardelyx in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 25 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
15% more capital invested
Capital invested by funds: $560M → $643M (+$83.7M)
2% more funds holding
Funds holding: 125 → 127 (+2)
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
0.27% more ownership
Funds ownership: 85.76% → 86.03% (+0.27%)
18% less call options, than puts
Call options by funds: $2.87M | Put options by funds: $3.52M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$18.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$14.9M |
| 3 |
DM
Deerfield Management
New York
|
+$9.24M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$4.72M |
| 5 |
Millennium Management
New York
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.4M |
| 2 |
IC
Ikarian Capital
Dallas,
Texas
|
-$6.82M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$5.77M |
| 4 |
Two Sigma Investments
New York
|
-$4.4M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$3.85M |
ARDX Hedge Fund Activity: Q2 2021 in Review
127 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q2 2021, worth a combined $643M — up 15% from $560M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ARDX positions and 25 closed out — a net gain of 2 holders — while 45 added to existing stakes and 38 trimmed.
The largest buyer was State Street, adding an estimated $18.6M. The largest seller was Adage Capital Partners, cutting an estimated $20.4M.
- 127 institutional investors held Ardelyx (ARDX) as of Q2 2021, up from 125 in Q1 2021.
- Funds reported $643M of Ardelyx stock for Q2 2021, up 15% quarter-over-quarter.
- 27 funds opened new Ardelyx positions in Q2 2021 and 25 closed out, a net change of +2 holders.
- The largest Ardelyx buyer in Q2 2021 was State Street, an estimated $18.6M added.
- The largest Ardelyx seller in Q2 2021 was Adage Capital Partners, an estimated $20.4M sold.
Based on aggregated 13F filings for Q2 2021.