Erasca
ERAS
107 hedge funds and large institutions have $344M invested in Erasca in 2022 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 13 closing their positions.
1,113% more call options, than puts
Call options by funds: $97K | Put options by funds: $8K
162% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 13
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
22% more funds holding
Funds holding: 88 → 107 (+19)
7.97% less ownership
Funds ownership: 65.9% → 57.93% (-8%)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
45% less capital invested
Capital invested by funds: $628M → $344M (-$284M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$18.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$17.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$12.5M |
| 4 |
AG
Artal Group
Luxembourg
|
+$10.4M |
| 5 |
GPP
Great Point Partners
Greenwich,
Connecticut
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$60.2M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$16.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$14.6M |
| 4 |
APM
Avidity Partners Management
Dallas,
Texas
|
-$7.66M |
| 5 |
Goldman Sachs
New York
|
-$6.42M |
ERAS Hedge Fund Activity: Q4 2022 in Review
107 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Erasca (ERAS) for Q4 2022, worth a combined $344M — down 45% from $628M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ERAS positions and 13 closed out — a net gain of 21 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Armistice Capital, opening a new position worth an estimated $18.3M. The largest seller was Fidelity Investments, cutting an estimated $60.2M.
- 107 institutional investors held Erasca (ERAS) as of Q4 2022, up from 88 in Q3 2022.
- Funds reported $344M of Erasca stock for Q4 2022, down 45% quarter-over-quarter.
- 34 funds opened new Erasca positions in Q4 2022 and 13 closed out, a net change of +21 holders.
- The largest Erasca buyer in Q4 2022 was Armistice Capital, an estimated $18.3M added.
- The largest Erasca seller in Q4 2022 was Fidelity Investments, an estimated $60.2M sold.
Based on aggregated 13F filings for Q4 2022.