Erasca
ERAS
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.
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: 3 → 3 (0)
2.49% less ownership
Funds ownership: 51.79% → 49.31% (-2.5%)
4% less funds holding
Funds holding: 117 → 112 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
| 3 |
Morgan Stanley
New York
|
+$1.6M |
| 4 |
AC
Armistice Capital
New York
|
+$1.44M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.71M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.79M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.18M |
| 4 |
EC
EcoR1 Capital
San Francisco,
California
|
-$2.04M |
| 5 |
Squarepoint
New York
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
126
Ellevest Inc
New York
| – | -$1.34K | -446 | Closed |
|
|
C
127
Covestor
London,
United Kingdom
| – | -$3 | -1 | -3% |
|
128
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$103 | +36 | 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.