GoodRx Holdings
GDRX
159 hedge funds and large institutions have $916M invested in GoodRx Holdings in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 22 closing their positions.
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
70% more call options, than puts
Call options by funds: $4.26M | Put options by funds: $2.51M
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
11% more funds holding
Funds holding: 143 → 159 (+16)
5% less capital invested
Capital invested by funds: $965M → $916M (-$49.2M)
17.55% less ownership
Funds ownership: 155.84% → 138.28% (-18%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.8M |
| 2 |
LCM
Lakewood Capital Management
New York
|
+$7.24M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$3.23M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.89M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPM
Francisco Partners Management
San Francisco,
California
|
-$96.7M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$24.8M |
| 3 |
Morgan Stanley
New York
|
-$20M |
| 4 |
SI
SQN Investors
Menlo Park,
California
|
-$8.56M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$3.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$2.41K | -360 | Closed |
|
177
Simplex Trading
Chicago,
Illinois
| – | -$1.76K | -266 | Closed |
|
|
FWM
178
Focused Wealth Management
Newburgh,
New York
| – | -$201 | -30 | Closed |
|
|
GRP
179
Global Retirement Partners
San Rafael,
California
| – | -$95 | -15 | Closed |
|
GDRX Hedge Fund Activity: Q1 2024 in Review
159 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in GoodRx Holdings (GDRX) for Q1 2024, worth a combined $916M — down 5.1% from $965M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new GDRX positions and 22 closed out — a net gain of 16 holders — while 51 added to existing stakes and 39 trimmed.
The largest buyer was Millennium Management, adding an estimated $15.8M. The largest seller was Francisco Partners Management, cutting an estimated $96.7M.
- 159 institutional investors held GoodRx Holdings (GDRX) as of Q1 2024, up from 143 in Q4 2023.
- Funds reported $916M of GoodRx Holdings stock for Q1 2024, down 5.1% quarter-over-quarter.
- 38 funds opened new GoodRx Holdings positions in Q1 2024 and 22 closed out, a net change of +16 holders.
- The largest GoodRx Holdings buyer in Q1 2024 was Millennium Management, an estimated $15.8M added.
- The largest GoodRx Holdings seller in Q1 2024 was Francisco Partners Management, an estimated $96.7M sold.
Based on aggregated 13F filings for Q1 2024.