DURECT Corp
DRRX
DRRX was delisted on the 10th of September, 2025.
55 hedge funds and large institutions have $45.1M invested in DURECT Corp in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 5 closing their positions.
613% more call options, than puts
Call options by funds: $6.08M | Put options by funds: $852K
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
29% more capital invested
Capital invested by funds: $35M → $45.1M (+$10.1M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 54 → 55 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 40.69% → 40.67% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$3.31M |
| 2 |
ISL
Ingalls & Snyder LLC
New York
|
+$1.63M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$896K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$589K |
| 5 |
BWCS
Beirne Wealth Consulting Services
Shelton,
Connecticut
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
-$2.81M |
| 2 |
Millennium Management
New York
|
-$476K |
| 3 |
E
Ergoteles
New York
|
-$243K |
| 4 |
Two Sigma Investments
New York
|
-$133K |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$83.2K |
DRRX Hedge Fund Activity: Q1 2023 in Review
55 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in DURECT Corp (DRRX) for Q1 2023, worth a combined $45.1M — up 29% from $35M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DRRX positions and 5 closed out — a net gain of 1 holder — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Armistice Capital, opening a new position worth an estimated $3.31M. The largest seller was Antara Capital, exiting entirely with an estimated $2.81M sold.
- 55 institutional investors held DURECT Corp (DRRX) as of Q1 2023, up from 54 in Q4 2022.
- Funds reported $45.1M of DURECT Corp stock for Q1 2023, up 29% quarter-over-quarter.
- 6 funds opened new DURECT Corp positions in Q1 2023 and 5 closed out, a net change of +1 holder.
- The largest DURECT Corp buyer in Q1 2023 was Armistice Capital, an estimated $3.31M added.
- The largest DURECT Corp seller in Q1 2023 was Antara Capital, an estimated $2.81M sold.
Based on aggregated 13F filings for Q1 2023.