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Heron Therapeutics

69 hedge funds and large institutions have $385M invested in Heron Therapeutics in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,065% more call options, than puts

Call options by funds: $18.4M | Put options by funds: $848K

64% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 14

57% more capital invested

Capital invested by funds: $245M → $385M (+$139M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

8% more funds holding

Funds holding: 6469 (+5)

Holders
69
Holders Change
+5
Holders Change %
+7.81%
% of All Funds
1.84%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
20
Increased
23
Reduced
14
Closed
15
Calls
$18.4M
Puts
$848K
Net Calls
+$17.5M
Net Calls Change
+$16.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$72.8M +$6.1M +540,740 +12%
TCM
2
Tang Capital Management
California
$71.6M
BC
3
Broadfin Capital
New York
$40.9M
BBA
4
Baker Bros. Advisors
New York
$37.9M
CAM
5
Cormorant Asset Management
Massachusetts
$18.5M +$6.43M +570,000 +81%
VM
6
VHCP Management
New York
$15.9M
Allianz Asset Management
7
Allianz Asset Management
Germany
$13.9M +$10.8M +954,780 New
TCM
8
Tekla Capital Management
Massachusetts
$12.7M
Millennium Management
9
Millennium Management
New York
$9.84M +$4.82M +427,795 +172%
Vanguard Group
10
Vanguard Group
Pennsylvania
$9.74M +$1.05M +93,504 +16%
BFA
11
BlackRock Fund Advisors
California
$9.43M +$80.4K +7,134 +1%
KCM
12
Kingdon Capital Management
New York
$8.96M -$2.71M -240,000 -28%
Point72 Asset Management
13
Point72 Asset Management
Connecticut
$7.28M -$114K -10,100 -2%
State Street
14
State Street
Massachusetts
$4.33M +$768K +68,163 +30%
Morgan Stanley
15
Morgan Stanley
New York
$4.2M +$3.01M +267,192 +1,236%
GPP
16
Great Point Partners
Connecticut
$3.93M +$3.04M +270,000 New
BIT
17
BlackRock Institutional Trust
California
$3.92M +$583K +51,736 +24%
Northern Trust
18
Northern Trust
Illinois
$3.81M +$35.5K +3,150 +1%
EI
19
EAM Investors
California
$3.35M +$2.6M +230,261 New
DCM
20
Driehaus Capital Management
Illinois
$2.66M -$6.32M -560,625 -75%
Alyeska Investment Group
21
Alyeska Investment Group
Illinois
$2.27M -$172K -15,286 -9%
HT
22
HAP Trading
New York
$2.21M +$1.71M +151,597 New
Bank of New York Mellon
23
Bank of New York Mellon
New York
$2.2M +$514K +45,618 +43%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$2.16M +$263K +23,296 +19%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$2.04M +$1.07M +94,723 +207%

HRTX Hedge Fund Activity: Q1 2015 in Review

69 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Heron Therapeutics (HRTX) for Q1 2015, worth a combined $385M — up 57% from $245M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new HRTX positions and 15 closed out — a net gain of 5 holders — while 23 added to existing stakes and 14 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $10.8M. The largest seller was Perceptive Advisors, exiting entirely with an estimated $6.7M sold.

  • 69 institutional investors held Heron Therapeutics (HRTX) as of Q1 2015, up from 64 in Q4 2014.
  • Funds reported $385M of Heron Therapeutics stock for Q1 2015, up 57% quarter-over-quarter.
  • 20 funds opened new Heron Therapeutics positions in Q1 2015 and 15 closed out, a net change of +5 holders.
  • The largest Heron Therapeutics buyer in Q1 2015 was Allianz Asset Management, an estimated $10.8M added.
  • The largest Heron Therapeutics seller in Q1 2015 was Perceptive Advisors, an estimated $6.7M sold.

Based on aggregated 13F filings for Q1 2015.