Heron Therapeutics
HRTX
40 hedge funds and large institutions have $289M invested in Heron Therapeutics in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
3,700% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 1
2,646% more capital invested
Capital invested by funds: $10.5M → $289M (+$279M)
1,233% more funds holding
Funds holding: 3 → 40 (+37)
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
+$58.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$43.4M |
| 3 |
BC
Broadfin Capital
New York
|
+$29.8M |
| 4 |
BBA
Baker Bros. Advisors
New York
|
+$29M |
| 5 |
SC
Savitr Capital
San Francisco,
California
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$445K |
| 2 |
VM
VHCP Management
New York
|
-$13 |
HRTX Hedge Fund Activity: Q1 2014 in Review
40 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Heron Therapeutics (HRTX) for Q1 2014, worth a combined $289M — up 2,646% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HRTX positions and 1 closed out — a net gain of 37 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Tang Capital Management, opening a new position worth an estimated $58.9M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $445K sold.
- 40 institutional investors held Heron Therapeutics (HRTX) as of Q1 2014, up from 3 in Q4 2013.
- Funds reported $289M of Heron Therapeutics stock for Q1 2014, up 2,646% quarter-over-quarter.
- 38 funds opened new Heron Therapeutics positions in Q1 2014 and 1 closed out, a net change of +37 holders.
- The largest Heron Therapeutics buyer in Q1 2014 was Tang Capital Management, an estimated $58.9M added.
- The largest Heron Therapeutics seller in Q1 2014 was Alyeska Investment Group, an estimated $445K sold.
Based on aggregated 13F filings for Q1 2014.