Ardelyx
ARDX
189 hedge funds and large institutions have $1.03B invested in Ardelyx in 2024 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 61 increasing their positions, 56 reducing their positions, and 26 closing their positions.
108% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 26
19% more capital invested
Capital invested by funds: $869M → $1.03B (+$165M)
17% more funds holding
Funds holding: 162 → 189 (+27)
9% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 56
9% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $21M
0.52% more ownership
Funds ownership: 60.39% → 60.91% (+0.52%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$31.5M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
+$18.8M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$18.5M |
| 4 |
Two Sigma Investments
New York
|
+$17.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$34.2M |
| 2 |
State Street
Boston,
Massachusetts
|
-$25.8M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$22.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$19M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$18.8M |
ARDX Hedge Fund Activity: Q1 2024 in Review
189 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ardelyx (ARDX) for Q1 2024, worth a combined $1.03B — up 19% from $869M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new ARDX positions and 26 closed out — a net gain of 28 holders — while 61 added to existing stakes and 56 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $31.5M. The largest seller was Morgan Stanley, cutting an estimated $34.2M.
- 189 institutional investors held Ardelyx (ARDX) as of Q1 2024, up from 162 in Q4 2023.
- Funds reported $1.03B of Ardelyx stock for Q1 2024, up 19% quarter-over-quarter.
- 54 funds opened new Ardelyx positions in Q1 2024 and 26 closed out, a net change of +28 holders.
- The largest Ardelyx buyer in Q1 2024 was Macquarie Group, an estimated $31.5M added.
- The largest Ardelyx seller in Q1 2024 was Morgan Stanley, an estimated $34.2M sold.
Based on aggregated 13F filings for Q1 2024.