DURECT Corp
DRRX
DRRX was delisted on the 10th of September, 2025.
51 hedge funds and large institutions have $25.1M invested in DURECT Corp in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 13 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
2.1% less ownership
Funds ownership: 37% → 34.9% (-2.1%)
11% less funds holding
Funds holding: 57 → 51 (-6)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
32% less call options, than puts
Call options by funds: $2.07M | Put options by funds: $3.06M
44% less capital invested
Capital invested by funds: $44.9M → $25.1M (-$19.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ISL
Ingalls & Snyder LLC
New York
|
+$1.68M |
| 2 |
DI
Dalton Investments
Las Vegas,
Nevada
|
+$852K |
| 3 |
IIM
Ironwood Investment Management
Boston,
Massachusetts
|
+$416K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$351K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$866K |
| 2 |
LPC
Lion Point Capital
New York
|
-$594K |
| 3 |
MCM
Moore Capital Management
New York
|
-$256K |
| 4 |
Renaissance Technologies
New York
|
-$238K |
| 5 |
Millennium Management
New York
|
-$202K |
DRRX Hedge Fund Activity: Q3 2023 in Review
51 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in DURECT Corp (DRRX) for Q3 2023, worth a combined $25.1M — down 44% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DRRX and 9 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 17 added.
The largest buyer was Ingalls & Snyder LLC, adding an estimated $1.68M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $866K sold.
- 51 institutional investors held DURECT Corp (DRRX) as of Q3 2023, down from 57 in Q2 2023.
- Funds reported $25.1M of DURECT Corp stock for Q3 2023, down 44% quarter-over-quarter.
- 9 funds opened new DURECT Corp positions in Q3 2023 and 13 closed out, a net change of -4 holders.
- The largest DURECT Corp buyer in Q3 2023 was Ingalls & Snyder LLC, an estimated $1.68M added.
- The largest DURECT Corp seller in Q3 2023 was Jacobs Levy Equity Management, an estimated $866K sold.
Based on aggregated 13F filings for Q3 2023.