Ardelyx
ARDX
161 hedge funds and large institutions have $849M invested in Ardelyx in 2023 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 70 increasing their positions, 34 reducing their positions, and 25 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 34
65% more capital invested
Capital invested by funds: $514M → $849M (+$336M)
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
24% more call options, than puts
Call options by funds: $23M | Put options by funds: $18.5M
7% more funds holding
Funds holding: 150 → 161 (+11)
1.23% more ownership
Funds ownership: 57.77% → 58.99% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$18.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$17.8M |
| 3 |
BlackRock
New York
|
+$10.5M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$6.79M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.1M |
| 2 |
Janus Henderson Group
London,
|
-$11.8M |
| 3 |
Renaissance Technologies
New York
|
-$4.84M |
| 4 |
JP Morgan Chase
New York
|
-$4.47M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.28M |
ARDX Hedge Fund Activity: Q4 2023 in Review
161 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q4 2023, worth a combined $849M — up 65% from $514M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ARDX positions and 25 closed out — a net gain of 12 holders — while 70 added to existing stakes and 34 trimmed.
The largest buyer was Eventide Asset Management, adding an estimated $18.4M. The largest seller was Millennium Management, exiting entirely with an estimated $13.1M sold.
- 161 institutional investors held Ardelyx (ARDX) as of Q4 2023, up from 150 in Q3 2023.
- Funds reported $849M of Ardelyx stock for Q4 2023, up 65% quarter-over-quarter.
- 37 funds opened new Ardelyx positions in Q4 2023 and 25 closed out, a net change of +12 holders.
- The largest Ardelyx buyer in Q4 2023 was Eventide Asset Management, an estimated $18.4M added.
- The largest Ardelyx seller in Q4 2023 was Millennium Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2023.