Assertio
ASRT
ASRT was delisted on the 15th of June, 2026.
145 hedge funds and large institutions have $120M invested in Assertio in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 70 increasing their positions, 21 reducing their positions, and 40 closing their positions.
928% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $1.06M
233% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 40
0.69% less ownership
Funds ownership: 4.02% → 3.33% (-0.69%)
2% less funds holding
Funds holding: 148 → 145 (-3)
35% less capital invested
Capital invested by funds: $185M → $120M (-$65.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$18.2M |
| 2 |
AC
Armistice Capital
New York
|
+$15.3M |
| 3 |
BlackRock
New York
|
+$8.03M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.88M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$6.5M |
| 2 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
-$6.24M |
| 3 |
First Eagle Investment Management
New York
|
-$5.62M |
| 4 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$4.61M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MDCM
176
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
| – | -$75.8K | -933 | Closed |
|
177
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$71K | -873 | Closed |
|
|
CA
178
Cetera Advisors
Denver,
Colorado
| – | -$64.6K | -794 | Closed |
|
|
CFA
179
Capstone Financial Advisors
Downers Grove,
Illinois
| – | -$63.8K | -785 | Closed |
|
|
DI
180
DFPG Investments
Sandy,
Utah
| – | -$58.7K | -733 | Closed |
|
|
SOS
181
Silver Oak Securities
Jackson,
Tennessee
| – | -$54K | -667 | Closed |
|
|
SOW
182
State of Wyoming
Cheyenne,
Wyoming
| – | -$25.3K | -311 | Closed |
|
|
TAM
183
Tucker Asset Management
Littleton,
Colorado
| – | -$5.98K | -74 | Closed |
|
|
CFGS
184
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.46K | -25 | Closed |
|
|
HNB
185
Huntington National Bank
Columbus,
Ohio
| – | -$190 | -2 | Closed |
|
ASRT Hedge Fund Activity: Q3 2023 in Review
145 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Assertio (ASRT) for Q3 2023, worth a combined $120M — down 35% from $185M a quarter earlier.
Fund positioning in ASRT was balanced in Q3 2023: 40 funds opened new positions, 40 closed out, 70 added to existing stakes and 21 trimmed.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $18.2M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $6.5M sold.
- 145 institutional investors held Assertio (ASRT) as of Q3 2023, down from 148 in Q2 2023.
- Funds reported $120M of Assertio stock for Q3 2023, down 35% quarter-over-quarter.
- 40 funds opened new Assertio positions in Q3 2023 and 40 closed out, a net change of 0 holders.
- The largest Assertio buyer in Q3 2023 was Nantahala Capital Management, an estimated $18.2M added.
- The largest Assertio seller in Q3 2023 was Intrinsic Edge Capital Management, an estimated $6.5M sold.
Based on aggregated 13F filings for Q3 2023.