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Collegium Pharmaceutical

83 hedge funds and large institutions have $235M invested in Collegium Pharmaceutical in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more call options, than puts

Call options by funds: $526K | Put options by funds: $267K

80% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 20

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

2.16% less ownership

Funds ownership: 81.46%79.3% (-2.2%)

6% less funds holding

Funds holding: 8883 (-5)

35% less capital invested

Capital invested by funds: $363M → $235M (-$128M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
83
Holders Change
-5
Holders Change %
-5.68%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
14
Increased
36
Reduced
20
Closed
12
Calls
$526K
Puts
$267K
Net Calls
+$259K
Net Calls Change
+$800K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$22.4M +$6.44M +433,301 +24%
EAM
2
Eventide Asset Management
Massachusetts
$21.7M +$1.13M +75,861 +4%
FM
3
Frazier Management
Washington
$19M
RSCM
4
Rock Springs Capital Management
Maryland
$17.1M +$1.49M +100,000 +6%
BlackRock
5
BlackRock
New York
$14.9M +$22M +1,480,639 +260,676%
TGHSA
6
TPG Group Holdings (SBS) Advisors
Texas
$14M
CCM
7
Cadian Capital Management
New York
$13.7M +$6.52M +438,747 +48%
SAM
8
Sectoral Asset Management
Quebec, Canada
$12.9M -$12.3M -825,509 -39%
HCMT
9
Highland Capital Management (Texas)
Texas
$10.7M +$5.65M +380,091 +55%
Morgan Stanley
10
Morgan Stanley
New York
$8.91M +$11.5M +772,464 +685%
Macquarie Group
11
Macquarie Group
Australia
$8.21M +$12M +807,623 +9,878%
Vanguard Group
12
Vanguard Group
Pennsylvania
$8.11M +$868K +58,398 +8%
PHS
13
PFM Health Sciences
California
$7.99M -$9.27M -623,591 -44%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$6.44M +$2.84M +191,062 +43%
BCMNY
15
Buckingham Capital Management (New York)
New York
$3.89M +$829K +55,800 +17%
GTC
16
Ghost Tree Capital
New York
$3.77M +$5.57M +375,000 New
PC
17
Pier Capital
Connecticut
$3.68M +$542K +36,435 +11%
JGC
18
J. Goldman & Co
New York
$3.46M +$1.77M +119,279 +53%
Prudential Financial
19
Prudential Financial
New Jersey
$3.44M
CAM
20
Cormorant Asset Management
Massachusetts
$3.02M -$2.31M -155,515 -34%
State Street
21
State Street
Massachusetts
$2.75M -$240K -16,115 -6%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$2.21M -$10.3M -695,673 -76%
Northern Trust
23
Northern Trust
Illinois
$2.2M +$50.3K +3,383 +2%
PVI
24
Pura Vida Investments
New York
$2.01M +$2.97M +200,000 New
Geode Capital Management
25
Geode Capital Management
Massachusetts
$1.47M +$72.3K +4,866 +3%

COLL Hedge Fund Activity: Q1 2017 in Review

83 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Collegium Pharmaceutical (COLL) for Q1 2017, worth a combined $235M — down 35% from $363M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new COLL positions and 12 closed out — a net gain of 2 holders — while 36 added to existing stakes and 20 trimmed.

The largest buyer was BlackRock, adding an estimated $22M. The largest seller was HealthCor Management, exiting entirely with an estimated $22.2M sold.

  • 83 institutional investors held Collegium Pharmaceutical (COLL) as of Q1 2017, down from 88 in Q4 2016.
  • Funds reported $235M of Collegium Pharmaceutical stock for Q1 2017, down 35% quarter-over-quarter.
  • 14 funds opened new Collegium Pharmaceutical positions in Q1 2017 and 12 closed out, a net change of +2 holders.
  • The largest Collegium Pharmaceutical buyer in Q1 2017 was BlackRock, an estimated $22M added.
  • The largest Collegium Pharmaceutical seller in Q1 2017 was HealthCor Management, an estimated $22.2M sold.

Based on aggregated 13F filings for Q1 2017.