Ardelyx
ARDX
108 hedge funds and large institutions have $66.7M invested in Ardelyx in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 39 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
15% less funds holding
Funds holding: 127 → 108 (-19)
23% less call options, than puts
Call options by funds: $930K | Put options by funds: $1.21M
38.48% less ownership
Funds ownership: 86.03% → 47.54% (-38%)
46% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 39
90% less capital invested
Capital invested by funds: $643M → $66.7M (-$577M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.56M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.1M |
| 3 |
Two Sigma Investments
New York
|
+$2.06M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.69M |
| 5 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
RA Capital Management
Boston,
Massachusetts
|
-$46.1M |
| 2 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
-$39.8M |
| 3 |
DM
Deerfield Management
New York
|
-$28.9M |
| 4 |
RG
Redmile Group
San Francisco,
California
|
-$28.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$25.4M |
ARDX Hedge Fund Activity: Q3 2021 in Review
108 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q3 2021, worth a combined $66.7M — down 90% from $643M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ARDX and 21 opened new positions — a net loss of 18 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was Morgan Stanley, adding an estimated $5.56M. The largest seller was RA Capital Management, exiting entirely with an estimated $46.1M sold.
- 108 institutional investors held Ardelyx (ARDX) as of Q3 2021, down from 127 in Q2 2021.
- Funds reported $66.7M of Ardelyx stock for Q3 2021, down 90% quarter-over-quarter.
- 21 funds opened new Ardelyx positions in Q3 2021 and 39 closed out, a net change of -18 holders.
- The largest Ardelyx buyer in Q3 2021 was Morgan Stanley, an estimated $5.56M added.
- The largest Ardelyx seller in Q3 2021 was RA Capital Management, an estimated $46.1M sold.
Based on aggregated 13F filings for Q3 2021.