Ardelyx
ARDX
130 hedge funds and large institutions have $550M invested in Ardelyx in 2023 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 44 increasing their positions, 21 reducing their positions, and 20 closing their positions.
150% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 20
145% more capital invested
Capital invested by funds: $225M → $550M (+$325M)
110% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 21
94% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $7.65M
26% more funds holding
Funds holding: 103 → 130 (+27)
12.54% more ownership
Funds ownership: 42.69% → 55.23% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$49.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.12M |
| 3 |
Renaissance Technologies
New York
|
+$9.07M |
| 4 |
Janus Henderson Group
London,
|
+$7.88M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$8.47M |
| 2 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$8.26M |
| 3 |
IC
Ikarian Capital
Dallas,
Texas
|
-$2.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.29M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.83M |
ARDX Hedge Fund Activity: Q1 2023 in Review
130 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q1 2023, worth a combined $550M — up 145% from $225M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new ARDX positions and 20 closed out — a net gain of 30 holders — while 44 added to existing stakes and 21 trimmed.
The largest buyer was State Street, adding an estimated $49.1M. The largest seller was Woodline Partners, cutting an estimated $8.47M.
- 130 institutional investors held Ardelyx (ARDX) as of Q1 2023, up from 103 in Q4 2022.
- Funds reported $550M of Ardelyx stock for Q1 2023, up 145% quarter-over-quarter.
- 50 funds opened new Ardelyx positions in Q1 2023 and 20 closed out, a net change of +30 holders.
- The largest Ardelyx buyer in Q1 2023 was State Street, an estimated $49.1M added.
- The largest Ardelyx seller in Q1 2023 was Woodline Partners, an estimated $8.47M sold.
Based on aggregated 13F filings for Q1 2023.