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Heron Therapeutics

59 hedge funds and large institutions have $202M invested in Heron Therapeutics in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 12 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 12

0% more call options, than puts

Call options by funds: $8K | Put options by funds: $8K

14% less funds holding

Funds holding: 6959 (-10)

38% less capital invested

Capital invested by funds: $327M → $202M (-$125M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

69% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 13

Holders
59
Holders Change
-10
Holders Change %
-14.49%
% of All Funds
1.71%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
4
Increased
28
Reduced
12
Closed
13
Calls
$8K
Puts
$8K
Net Calls
Net Calls Change
+$12K
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
1
Tang Capital Management
California
$41M
Franklin Resources
2
Franklin Resources
California
$35.2M +$5.05M +542,571 +15%
BC
3
Broadfin Capital
New York
$23.4M
BBA
4
Baker Bros. Advisors
New York
$21.7M
VM
5
VHCP Management
New York
$9.13M
PA
6
Perceptive Advisors
New York
$7.38M -$6.98M -749,203 -46%
TCM
7
Tekla Capital Management
Massachusetts
$7.28M
DCM
8
Driehaus Capital Management
Illinois
$7.16M +$747K +80,206 +10%
CAM
9
Cormorant Asset Management
Massachusetts
$5.83M
KCM
10
Kingdon Capital Management
New York
$5.7M +$419K +45,000 +7%
Vanguard Group
11
Vanguard Group
Pennsylvania
$4.7M +$723K +77,609 +16%
BFA
12
BlackRock Fund Advisors
California
$4.51M +$590K +63,395 +13%
Federated Hermes
13
Federated Hermes
Pennsylvania
$3.12M
EA
14
Emerald Advisers
Pennsylvania
$2.55M +$205K +22,050 +8%
TAM
15
THB Asset Management
Connecticut
$2.5M +$180K +19,302 +7%
EMFAT
16
Emerald Mutual Fund Advisers Trust
Pennsylvania
$2.42M +$136K +14,580 +5%
Northern Trust
17
Northern Trust
Illinois
$1.95M +$1.74M +186,972 +397%
BIT
18
BlackRock Institutional Trust
California
$1.83M +$205K +21,979 +11%
State Street
19
State Street
Massachusetts
$1.78M +$272K +29,203 +16%
Millennium Management
20
Millennium Management
New York
$1.67M -$117K -12,537 -6%
FM
21
Forward Management
California
$1.42M +$604K +64,827 +91%
Alyeska Investment Group
22
Alyeska Investment Group
Illinois
$1.05M +$1.17M +125,669 New
TI
23
Turner Investments
Pennsylvania
$1.03M +$454K +48,730 +65%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$1.03M +$127K +13,683 +12%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$896K +$217K +23,321 +28%

HRTX Hedge Fund Activity: Q3 2014 in Review

59 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Heron Therapeutics (HRTX) for Q3 2014, worth a combined $202M — down 38% from $327M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of HRTX and 4 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 28 added.

The largest buyer was Franklin Resources, adding an estimated $5.05M. The largest seller was Perceptive Advisors, cutting an estimated $6.98M.

  • 59 institutional investors held Heron Therapeutics (HRTX) as of Q3 2014, down from 69 in Q2 2014.
  • Funds reported $202M of Heron Therapeutics stock for Q3 2014, down 38% quarter-over-quarter.
  • 4 funds opened new Heron Therapeutics positions in Q3 2014 and 13 closed out, a net change of -9 holders.
  • The largest Heron Therapeutics buyer in Q3 2014 was Franklin Resources, an estimated $5.05M added.
  • The largest Heron Therapeutics seller in Q3 2014 was Perceptive Advisors, an estimated $6.98M sold.

Based on aggregated 13F filings for Q3 2014.