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112 hedge funds and large institutions have $205M invested in Erasca in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 28

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

2.49% less ownership

Funds ownership: 51.79%49.31% (-2.5%)

4% less funds holding

Funds holding: 117112 (-5)

13% less capital invested

Capital invested by funds: $235M → $205M (-$29.7M)

25% less call options, than puts

Call options by funds: $3K | Put options by funds: $4K

31% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 16

Holders
112
Holders Change
-5
Holders Change %
-4.27%
% of All Funds
1.76%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
46
Reduced
28
Closed
16
Calls
$3K
Puts
$4K
Net Calls
-$1K
Net Calls Change
+$170K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$711K +$40.4K +14,179 +6%
GCP
27
GSA Capital Partners
United Kingdom
$708K -$126K -44,117 -15%
ROTUOC
28
Regents of the University of California
California
$652K
ACH
29
ArrowMark Colorado Holdings
Colorado
$644K
Connor, Clark & Lunn Investment Management (CC&L)
30
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$561K +$101K +35,427 +21%
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$461K -$559K -196,376 -54%
Swiss National Bank
32
Swiss National Bank
Switzerland
$452K +$43.6K +15,300 +10%
Jacobs Levy Equity Management
33
Jacobs Levy Equity Management
New Jersey
$376K -$403K -141,546 -51%
WP
34
Woodline Partners
California
$341K +$352K +123,573 New
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$325K +$19.5K +6,848 +6%
XT
36
XTX Topco
Cayman Islands
$316K +$170K +59,575 +108%
AllianceBernstein
37
AllianceBernstein
Tennessee
$310K -$235K -82,500 -42%
Walleye Capital
38
Walleye Capital
New York
$287K +$74.5K +26,166 +34%
Legal & General Group
39
Legal & General Group
United Kingdom
$267K +$203K +71,275 +281%
PP
40
PDT Partners
New York
$262K -$199K -69,698 -42%
California State Teachers Retirement System (CalSTRS)
41
California State Teachers Retirement System (CalSTRS)
California
$257K +$16.6K +5,811 +7%
IAM
42
Innovis Asset Management
Illinois
$253K +$138K +48,363 +111%
ECM
43
ExodusPoint Capital Management
New York
$239K +$246K +86,486 New
UBS AM
44
UBS AM
Illinois
$215K
JP Morgan Chase
45
JP Morgan Chase
New York
$186K +$33.5K +11,773 +21%
GCM
46
Graham Capital Management
Connecticut
$163K +$138K +48,394 +460%
CIC
47
Cornercap Investment Counsel
Georgia
$152K
UBS Group
48
UBS Group
Switzerland
$151K +$67.1K +23,553 +75%
Ensign Peak Advisors
49
Ensign Peak Advisors
Utah
$138K
ETC
50
Exchange Traded Concepts
Oklahoma
$134K +$138K +48,513 New

ERAS Hedge Fund Activity: Q2 2023 in Review

112 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q2 2023, worth a combined $205M — down 13% from $235M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of ERAS and 11 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 46 added.

The largest buyer was BlackRock, adding an estimated $4.4M. The largest seller was Bank of America, cutting an estimated $6.71M.

  • 112 institutional investors held Erasca (ERAS) as of Q2 2023, down from 117 in Q1 2023.
  • Funds reported $205M of Erasca stock for Q2 2023, down 13% quarter-over-quarter.
  • 11 funds opened new Erasca positions in Q2 2023 and 16 closed out, a net change of -5 holders.
  • The largest Erasca buyer in Q2 2023 was BlackRock, an estimated $4.4M added.
  • The largest Erasca seller in Q2 2023 was Bank of America, an estimated $6.71M sold.

Based on aggregated 13F filings for Q2 2023.