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Corcept Therapeutics

189 hedge funds and large institutions have $1.43B invested in Corcept Therapeutics in 2017 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 65 increasing their positions, 46 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

262% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 13

139% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $4.89M

73% more capital invested

Capital invested by funds: $824M → $1.43B (+$605M)

41% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 46

21% more funds holding

Funds holding: 156189 (+33)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

3.67% more ownership

Funds ownership: 61.7%65.37% (+3.7%)

Holders
189
Holders Change
+33
Holders Change %
+21.15%
% of All Funds
4.71%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
47
Increased
65
Reduced
46
Closed
13
Calls
$11.7M
Puts
$4.89M
Net Calls
+$6.79M
Net Calls Change
+$5.06M
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
1
Federated Hermes
Pennsylvania
$230M -$33.2M -2,226,502 -16%
BlackRock
2
BlackRock
New York
$150M +$3.94M +263,965 +4%
ISL
3
Ingalls & Snyder LLC
New York
$133M -$6.46M -433,537 -6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$120M +$26.8M +1,795,515 +40%
CCM
5
Consonance Capital Management
New York
$74.9M -$28.7M -1,922,117 -33%
Renaissance Technologies
6
Renaissance Technologies
New York
$70.8M +$14.7M +986,355 +37%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$44.3M +$8.89M +596,423 +35%
Invesco
8
Invesco
Georgia
$38.3M -$5.98M -401,380 -17%
State Street
9
State Street
Massachusetts
$37.5M -$1.26M -84,709 -4%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$23.2M +$5.29M +355,006 +42%
Northern Trust
11
Northern Trust
Illinois
$21.4M +$303K +20,295 +2%
Prudential Financial
12
Prudential Financial
New Jersey
$21.3M +$7M +469,260 +74%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$18.6M +$1.47M +98,635 +11%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$18.3M +$338K +22,673 +2%
AQR Capital Management
15
AQR Capital Management
Connecticut
$18M +$4.25M +284,811 +44%
TA
16
Teachers Advisors
New York
$16.8M +$800K +53,643 +7%
Russell Investments Group
17
Russell Investments Group
United Kingdom
$16.6M +$3.8M +254,581 +42%
Millennium Management
18
Millennium Management
New York
$16.3M +$2.9M +194,769 +30%
IA
19
Investor AB
Sweden
$14.5M
Wells Fargo
20
Wells Fargo
California
$13.8M +$9.23M +619,180 +644%
BIM
21
Bogle Investment Management
Massachusetts
$13.3M +$277K +18,547 +3%
Goldman Sachs
22
Goldman Sachs
New York
$12.2M +$5.35M +358,748 +131%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$12M +$7.83M +524,975 +529%
TCIM
24
TIAA CREF Investment Management
New York
$10.6M +$2.99M +200,439 +58%
AAM
25
AMI Asset Management
California
$10.2M +$7.87M +527,515 New

CORT Hedge Fund Activity: Q3 2017 in Review

189 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Corcept Therapeutics (CORT) for Q3 2017, worth a combined $1.43B — up 73% from $824M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new CORT positions and 13 closed out — a net gain of 34 holders — while 65 added to existing stakes and 46 trimmed.

The largest buyer was Vanguard Group, adding an estimated $26.8M. The largest seller was Federated Hermes, cutting an estimated $33.2M.

  • 189 institutional investors held Corcept Therapeutics (CORT) as of Q3 2017, up from 156 in Q2 2017.
  • Funds reported $1.43B of Corcept Therapeutics stock for Q3 2017, up 73% quarter-over-quarter.
  • 47 funds opened new Corcept Therapeutics positions in Q3 2017 and 13 closed out, a net change of +34 holders.
  • The largest Corcept Therapeutics buyer in Q3 2017 was Vanguard Group, an estimated $26.8M added.
  • The largest Corcept Therapeutics seller in Q3 2017 was Federated Hermes, an estimated $33.2M sold.

Based on aggregated 13F filings for Q3 2017.