Erasca
ERAS
119 hedge funds and large institutions have $149M invested in Erasca in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
18% more call options, than puts
Call options by funds: $13K | Put options by funds: $11K
9% more funds holding
Funds holding: 109 → 119 (+10)
6% more capital invested
Capital invested by funds: $140M → $149M (+$8.6M)
0.9% less ownership
Funds ownership: 47.19% → 46.29% (-0.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.06M |
| 2 |
Renaissance Technologies
New York
|
+$2.67M |
| 3 |
Millennium Management
New York
|
+$2.25M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$1.68M |
| 5 |
Morgan Stanley
New York
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$21.3M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$2.86M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.79M |
| 4 |
AC
Armistice Capital
New York
|
-$548K |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Franklin Resources
San Mateo,
California
| – | -$24.3K | -12,324 | Closed |
|
127
Creative Planning
Overland Park,
Kansas
| – | -$22.9K | -11,609 | Closed |
|
|
QT
128
Quantbot Technologies
New York
| – | -$19.3K | -9,798 | Closed |
|
129
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$11K | -5,568 | Closed |
|
|
PA
130
Parallel Advisors
San Francisco,
California
| – | -$1.82K | -922 | Closed |
|
131
Osaic Holdings
Scottsdale,
Arizona
| – | -$985 | -500 | Closed |
|
|
CAL
132
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$510 | -242 | -77% |
|
|
C
133
Covestor
London,
United Kingdom
| – | -$4 | -2 | -8% |
|
ERAS Hedge Fund Activity: Q4 2023 in Review
119 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q4 2023, worth a combined $149M — up 6.1% from $140M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ERAS positions and 14 closed out — a net gain of 14 holders — while 42 added to existing stakes and 34 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $4.06M. The largest seller was Cormorant Asset Management, exiting entirely with an estimated $21.3M sold.
- 119 institutional investors held Erasca (ERAS) as of Q4 2023, up from 109 in Q3 2023.
- Funds reported $149M of Erasca stock for Q4 2023, up 6.1% quarter-over-quarter.
- 28 funds opened new Erasca positions in Q4 2023 and 14 closed out, a net change of +14 holders.
- The largest Erasca buyer in Q4 2023 was Schroder Investment Management Group, an estimated $4.06M added.
- The largest Erasca seller in Q4 2023 was Cormorant Asset Management, an estimated $21.3M sold.
Based on aggregated 13F filings for Q4 2023.