Erasca
ERAS
146 hedge funds and large institutions have $579M invested in Erasca in 2024 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 39 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
33% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 39
11% more funds holding
Funds holding: 132 → 146 (+14)
0.48% less ownership
Funds ownership: 82.14% → 81.66% (-0.48%)
9% less capital invested
Capital invested by funds: $633M → $579M (-$54M)
78% less call options, than puts
Call options by funds: $42K | Put options by funds: $195K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCA
Octagon Capital Advisors
New York
|
+$14.1M |
| 2 |
Millennium Management
New York
|
+$4.85M |
| 3 |
LGM
Logos Global Management
San Francisco,
California
|
+$4.39M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.48M |
| 5 |
AI
Atom Investors
Austin,
Texas
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$11.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.24M |
| 3 |
SCM
Suvretta Capital Management
New York
|
-$3.98M |
| 4 |
PM
Prosight Management
Dallas,
Texas
|
-$2.84M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.74M |
ERAS Hedge Fund Activity: Q4 2024 in Review
146 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q4 2024, worth a combined $579M — down 8.5% from $633M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ERAS positions and 12 closed out — a net gain of 15 holders — while 52 added to existing stakes and 39 trimmed.
The largest buyer was Octagon Capital Advisors, opening a new position worth an estimated $14.1M. The largest seller was Janus Henderson Group, cutting an estimated $11.1M.
- 146 institutional investors held Erasca (ERAS) as of Q4 2024, up from 132 in Q3 2024.
- Funds reported $579M of Erasca stock for Q4 2024, down 8.5% quarter-over-quarter.
- 27 funds opened new Erasca positions in Q4 2024 and 12 closed out, a net change of +15 holders.
- The largest Erasca buyer in Q4 2024 was Octagon Capital Advisors, an estimated $14.1M added.
- The largest Erasca seller in Q4 2024 was Janus Henderson Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2024.