Erasca
ERAS
132 hedge funds and large institutions have $633M invested in Erasca in 2024 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 28 reducing their positions, and 18 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 28
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
32% more capital invested
Capital invested by funds: $480M → $633M (+$153M)
6% more funds holding
Funds holding: 125 → 132 (+7)
3.8% more ownership
Funds ownership: 78.34% → 82.14% (+3.8%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
78% less call options, than puts
Call options by funds: $102K | Put options by funds: $466K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$26.6M |
| 2 |
LGM
Logos Global Management
San Francisco,
California
|
+$14.1M |
| 3 |
BlackRock
New York
|
+$13.4M |
| 4 |
State Street
Boston,
Massachusetts
|
+$10.1M |
| 5 |
PBA
Paradigm Biocapital Advisors
New York
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Artal Group
Luxembourg
|
-$22.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$11.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.2M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$2.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.74M |
ERAS Hedge Fund Activity: Q3 2024 in Review
132 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q3 2024, worth a combined $633M — up 32% from $480M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ERAS positions and 18 closed out — a net gain of 8 holders — while 55 added to existing stakes and 28 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $26.6M. The largest seller was Artal Group, exiting entirely with an estimated $22.7M sold.
- 132 institutional investors held Erasca (ERAS) as of Q3 2024, up from 125 in Q2 2024.
- Funds reported $633M of Erasca stock for Q3 2024, up 32% quarter-over-quarter.
- 26 funds opened new Erasca positions in Q3 2024 and 18 closed out, a net change of +8 holders.
- The largest Erasca buyer in Q3 2024 was T. Rowe Price Investment Management, an estimated $26.6M added.
- The largest Erasca seller in Q3 2024 was Artal Group, an estimated $22.7M sold.
Based on aggregated 13F filings for Q3 2024.