EnteroMedics Inc.
ETRM
ETRM was delisted on the 20th of October, 2017.
41 hedge funds and large institutions have $4.13M invested in EnteroMedics Inc. in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 10 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
11% less funds holding
Funds holding: 46 → 41 (-5)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
60% less capital invested
Capital invested by funds: $10.4M → $4.13M (-$6.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
+$1.14M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$312K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$240K |
| 4 |
Morgan Stanley
New York
|
+$210K |
| 5 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tenor Capital Management
New York
|
-$1.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.34M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.09M |
| 4 |
IHM
Iguana Healthcare Management
New York
|
-$667K |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$52K |
ETRM Hedge Fund Activity: Q3 2015 in Review
41 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in EnteroMedics Inc. (ETRM) for Q3 2015, worth a combined $4.13M — down 60% from $10.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ETRM and 6 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 12 added.
The largest buyer was Perkins Capital Management, opening a new position worth an estimated $1.14M. The largest seller was Tenor Capital Management, exiting entirely with an estimated $1.89M sold.
- 41 institutional investors held EnteroMedics Inc. (ETRM) as of Q3 2015, down from 46 in Q2 2015.
- Funds reported $4.13M of EnteroMedics Inc. stock for Q3 2015, down 60% quarter-over-quarter.
- 6 funds opened new EnteroMedics Inc. positions in Q3 2015 and 10 closed out, a net change of -4 holders.
- The largest EnteroMedics Inc. buyer in Q3 2015 was Perkins Capital Management, an estimated $1.14M added.
- The largest EnteroMedics Inc. seller in Q3 2015 was Tenor Capital Management, an estimated $1.89M sold.
Based on aggregated 13F filings for Q3 2015.