Erasca
ERAS
82 hedge funds and large institutions have $627M invested in Erasca in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 5 reducing their positions, and 7 closing their positions.
640% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 5
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
30% more funds holding
Funds holding: 63 → 82 (+19)
7.38% more ownership
Funds ownership: 52.52% → 59.9% (+7.4%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
37% less capital invested
Capital invested by funds: $988M → $627M (-$361M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.2M |
| 3 |
BlackRock
New York
|
+$22.7M |
| 4 |
APM
Avidity Partners Management
Dallas,
Texas
|
+$11.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$73.6M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$4.63M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$467K |
| 4 |
EC
EcoR1 Capital
San Francisco,
California
|
-$250K |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$246K |
ERAS Hedge Fund Activity: Q1 2022 in Review
82 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q1 2022, worth a combined $627M — down 37% from $988M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ERAS positions and 7 closed out — a net gain of 19 holders — while 37 added to existing stakes and 5 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $55.5M. The largest seller was HHLR Advisors, exiting entirely with an estimated $73.6M sold.
- 82 institutional investors held Erasca (ERAS) as of Q1 2022, up from 63 in Q4 2021.
- Funds reported $627M of Erasca stock for Q1 2022, down 37% quarter-over-quarter.
- 26 funds opened new Erasca positions in Q1 2022 and 7 closed out, a net change of +19 holders.
- The largest Erasca buyer in Q1 2022 was Fidelity Investments, an estimated $55.5M added.
- The largest Erasca seller in Q1 2022 was HHLR Advisors, an estimated $73.6M sold.
Based on aggregated 13F filings for Q1 2022.