Ardelyx
ARDX
146 hedge funds and large institutions have $426M invested in Ardelyx in 2023 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 29 closing their positions.
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
12% more funds holding
Funds holding: 130 → 146 (+16)
3.34% more ownership
Funds ownership: 55.23% → 58.57% (+3.3%)
23% less capital invested
Capital invested by funds: $550M → $426M (-$124M)
37% less call options, than puts
Call options by funds: $4.48M | Put options by funds: $7.06M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$42.3M |
| 2 |
State Street
Boston,
Massachusetts
|
+$29.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.5M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$10.1M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$9.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$16.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.41M |
| 4 |
Two Sigma Investments
New York
|
-$7.89M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.84M |
ARDX Hedge Fund Activity: Q2 2023 in Review
146 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q2 2023, worth a combined $426M — down 23% from $550M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new ARDX positions and 29 closed out — a net gain of 17 holders — while 45 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $42.3M. The largest seller was Millennium Management, cutting an estimated $16.6M.
- 146 institutional investors held Ardelyx (ARDX) as of Q2 2023, up from 130 in Q1 2023.
- Funds reported $426M of Ardelyx stock for Q2 2023, down 23% quarter-over-quarter.
- 46 funds opened new Ardelyx positions in Q2 2023 and 29 closed out, a net change of +17 holders.
- The largest Ardelyx buyer in Q2 2023 was BlackRock, an estimated $42.3M added.
- The largest Ardelyx seller in Q2 2023 was Millennium Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2023.