Ardelyx
ARDX
150 hedge funds and large institutions have $514M invested in Ardelyx in 2023 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 37 reducing their positions, and 25 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
43% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 37
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
21% more capital invested
Capital invested by funds: $426M → $514M (+$87.5M)
3% more funds holding
Funds holding: 146 → 150 (+4)
0.81% less ownership
Funds ownership: 58.57% → 57.77% (-0.81%)
70% less call options, than puts
Call options by funds: $4.1M | Put options by funds: $13.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$21.3M |
| 2 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$10.5M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$9.75M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$8.97M |
| 5 |
Morgan Stanley
New York
|
+$6.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$36.3M |
| 2 |
Millennium Management
New York
|
-$14.7M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$8.32M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$8.19M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.61M |
ARDX Hedge Fund Activity: Q3 2023 in Review
150 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q3 2023, worth a combined $514M — up 21% from $426M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ARDX positions and 25 closed out — a net gain of 6 holders — while 53 added to existing stakes and 37 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $21.3M. The largest seller was State Street, cutting an estimated $36.3M.
- 150 institutional investors held Ardelyx (ARDX) as of Q3 2023, up from 146 in Q2 2023.
- Funds reported $514M of Ardelyx stock for Q3 2023, up 21% quarter-over-quarter.
- 31 funds opened new Ardelyx positions in Q3 2023 and 25 closed out, a net change of +6 holders.
- The largest Ardelyx buyer in Q3 2023 was Janus Henderson Group, an estimated $21.3M added.
- The largest Ardelyx seller in Q3 2023 was State Street, an estimated $36.3M sold.
Based on aggregated 13F filings for Q3 2023.