Erasca
ERAS
108 hedge funds and large institutions have $150M invested in Erasca in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 45 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
1.81% more ownership
Funds ownership: 46.29% → 48.1% (+1.8%)
0% more capital invested
Capital invested by funds: $149M → $150M (+$723K)
9% less funds holding
Funds holding: 119 → 108 (-11)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
36% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 45
79% less call options, than puts
Call options by funds: $25K | Put options by funds: $117K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Prosight Management
Dallas,
Texas
|
+$6.12M |
| 2 |
SCM
Sio Capital Management
New York
|
+$4.85M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.94M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$2.91M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$3.85M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.62M |
| 3 |
Morgan Stanley
New York
|
-$1.45M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.34M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASRS
126
Arizona State Retirement System
Phoenix,
Arizona
| – | -$45K | -21,112 | Closed |
|
|
RL
127
RPO LLC
Stamford,
Connecticut
| – | -$44.4K | -20,854 | Closed |
|
128
Teacher Retirement System of Texas
Austin,
Texas
| – | -$38K | -17,776 | Closed |
|
|
IWC
129
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$23.4K | -11,000 | Closed |
|
|
VF
130
Virtu Financial
New York
| – | -$22K | -10,553 | Closed |
|
|
WC
131
Wexford Capital
West Palm Beach,
Florida
| – | -$21.9K | -10,290 | Closed |
|
|
QCG
132
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6.37K | -2,992 | Closed |
|
|
LC
133
Lindbrook Capital
Calabasas,
California
| – | -$3.34K | -1,670 | Closed |
|
134
US Bancorp
Minneapolis,
Minnesota
| – | -$1.58K | -741 | Closed |
|
|
EWA
135
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.3K | -610 | Closed |
|
|
BIA
136
Bell Investment Advisors
Oakland,
California
| – | -$552 | -259 | Closed |
|
|
FFA
137
Farther Finance Advisors
San Francisco,
California
| – | -$9 | -4 | Closed |
|
|
C
138
Covestor
London,
United Kingdom
| – | +$40 | +20 | +87% |
|
ERAS Hedge Fund Activity: Q1 2024 in Review
108 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q1 2024, worth a combined $150M — up 0.49% from $149M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ERAS and 20 opened new positions — a net loss of 11 holders — while 45 trimmed existing stakes and 29 added.
The largest buyer was Prosight Management, adding an estimated $6.12M. The largest seller was Armistice Capital, cutting an estimated $3.85M.
- 108 institutional investors held Erasca (ERAS) as of Q1 2024, down from 119 in Q4 2023.
- Funds reported $150M of Erasca stock for Q1 2024, up 0.49% quarter-over-quarter.
- 20 funds opened new Erasca positions in Q1 2024 and 31 closed out, a net change of -11 holders.
- The largest Erasca buyer in Q1 2024 was Prosight Management, an estimated $6.12M added.
- The largest Erasca seller in Q1 2024 was Armistice Capital, an estimated $3.85M sold.
Based on aggregated 13F filings for Q1 2024.