DURECT Corp
DRRX
DRRX was delisted on the 10th of September, 2025.
57 hedge funds and large institutions have $44.9M invested in DURECT Corp in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 55 → 57 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $45.1M → $44.9M (-$213K)
3.67% less ownership
Funds ownership: 40.67% → 37% (-3.7%)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
85% less call options, than puts
Call options by funds: $747K | Put options by funds: $4.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ISL
Ingalls & Snyder LLC
New York
|
+$1.41M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$887K |
| 3 |
Renaissance Technologies
New York
|
+$445K |
| 4 |
MCM
Moore Capital Management
New York
|
+$380K |
| 5 |
CM
CM Management
Gulf Breeze,
Florida
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lion Point Capital
New York
|
-$4.19M |
| 2 |
AC
Armistice Capital
New York
|
-$2.76M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$837K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$405K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| $3.46K | -$1.87K | -369 | -35% |
|
|
HI
52
Harbour Investments
Madison,
Wisconsin
| $2.48K | – | – | – |
|
|
LP
53
LMR Partners
London,
United Kingdom
| $2.48K | +$2.54K | +500 | New |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | -$4.71K | -930 | -66% |
|
55
JP Morgan Chase
New York
| $540 | – | – | – |
|
|
EWA
56
EverSource Wealth Advisors
Birmingham,
Alabama
| $495 | – | – | – |
|
57
Fidelity Investments
Boston,
Massachusetts
| $20 | +$20 | +4 | New |
|
|
AC
58
Armistice Capital
New York
| – | -$2.76M | -610,000 | Closed |
|
|
CM
59
Caption Management
Oklahoma City,
Oklahoma
| – | -$837K | -165,000 | Closed |
|
60
Marshall Wace
London,
United Kingdom
| – | -$50.2K | -11,073 | Closed |
|
|
MFG
61
Merit Financial Group
Alpharetta,
Georgia
| – | -$48K | -10,588 | Closed |
|
62
Two Sigma Investments
New York
| – | -$46.9K | -10,343 | Closed |
|
63
Group One Trading
Chicago,
Illinois
| – | -$12.3K | -2,433 | Closed |
|
|
BAM
64
Belpointe Asset Management
Reno,
Nevada
| – | -$747 | -165 | Closed |
|
DRRX Hedge Fund Activity: Q2 2023 in Review
57 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in DURECT Corp (DRRX) for Q2 2023, worth a combined $44.9M — down 0.47% from $45.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DRRX positions and 8 closed out — a net gain of 2 holders — while 11 added to existing stakes and 20 trimmed.
The largest buyer was Ingalls & Snyder LLC, adding an estimated $1.41M. The largest seller was Lion Point Capital, cutting an estimated $4.19M.
- 57 institutional investors held DURECT Corp (DRRX) as of Q2 2023, up from 55 in Q1 2023.
- Funds reported $44.9M of DURECT Corp stock for Q2 2023, down 0.47% quarter-over-quarter.
- 10 funds opened new DURECT Corp positions in Q2 2023 and 8 closed out, a net change of +2 holders.
- The largest DURECT Corp buyer in Q2 2023 was Ingalls & Snyder LLC, an estimated $1.41M added.
- The largest DURECT Corp seller in Q2 2023 was Lion Point Capital, an estimated $4.19M sold.
Based on aggregated 13F filings for Q2 2023.