Delcath Systems
DCTH
98 hedge funds and large institutions have $184M invested in Delcath Systems in 2025 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 26 reducing their positions, and 12 closing their positions.
171% more call options, than puts
Call options by funds: $1.95M | Put options by funds: $717K
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
58% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 26
12% more capital invested
Capital invested by funds: $165M → $184M (+$19.4M)
9% more funds holding
Funds holding: 90 → 98 (+8)
2.38% more ownership
Funds ownership: 42.8% → 45.18% (+2.4%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$11.5M |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
+$9.19M |
| 3 |
PA
Perceptive Advisors
New York
|
+$5.85M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$5.67M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$5.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
-$16M |
| 2 |
VC
Vivo Capital
Palo Alto,
California
|
-$13.6M |
| 3 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
-$8.07M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.33M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LM
101
Lasry Marc
| – | -$410K | -34,072 | Closed |
|
|
TRCT
102
Tower Research Capital (TRC)
New York
| – | -$177K | -14,694 | Closed |
|
|
ACM
103
Aster Capital Management
Dubai,
United Arab Emirates
| – | -$161K | -13,373 | Closed |
|
|
GCP
104
GSA Capital Partners
London,
United Kingdom
| – | -$131K | -10,850 | Closed |
|
|
PA
105
PharVision Advisers
Boca Raton,
Florida
| – | -$129K | -10,738 | Closed |
|
|
QL
106
Quarry LP
New York
| – | -$34.5K | -2,863 | Closed |
|
|
IRC
107
Investors Research Corp
Atlanta,
Georgia
| – | -$6.02K | -500 | Closed |
|
108
US Bancorp
Minneapolis,
Minnesota
| – | -$3.01K | -250 | Closed |
|
109
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$987 | -82 | Closed |
|
|
WWA
110
Wingate Wealth Advisors
Lexington,
Massachusetts
| – | -$12 | -1 | Closed |
|
DCTH Hedge Fund Activity: Q1 2025 in Review
98 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Delcath Systems (DCTH) for Q1 2025, worth a combined $184M — up 12% from $165M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DCTH positions and 12 closed out — a net gain of 8 holders — while 41 added to existing stakes and 26 trimmed.
The largest buyer was Deerfield Management, opening a new position worth an estimated $11.5M. The largest seller was AIGH Capital Management, cutting an estimated $16M.
- 98 institutional investors held Delcath Systems (DCTH) as of Q1 2025, up from 90 in Q4 2024.
- Funds reported $184M of Delcath Systems stock for Q1 2025, up 12% quarter-over-quarter.
- 20 funds opened new Delcath Systems positions in Q1 2025 and 12 closed out, a net change of +8 holders.
- The largest Delcath Systems buyer in Q1 2025 was Deerfield Management, an estimated $11.5M added.
- The largest Delcath Systems seller in Q1 2025 was AIGH Capital Management, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2025.