IRIDEX
IRIX
27 hedge funds and large institutions have $21.7M invested in IRIDEX in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 11 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
0.17% more ownership
Funds ownership: 28.46% → 28.63% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital inflows, than outflows
Capital inflows: $3.6M | Capital outflows: $4.03M
18% less funds holding
Funds holding: 33 → 27 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$1.91M |
| 2 |
ACP
Acuta Capital Partners
Redwood City,
California
|
+$610K |
| 3 |
CAD
Craig A. Drill
|
+$362K |
| 4 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
+$235K |
| 5 |
Renaissance Technologies
New York
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.87M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$767K |
| 3 |
Morgan Stanley
New York
|
-$403K |
| 4 |
Destination Wealth Management
Walnut Creek,
California
|
-$281K |
| 5 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$251K |
IRIX Hedge Fund Activity: Q3 2015 in Review
27 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in IRIDEX (IRIX) for Q3 2015, worth a combined $21.7M — down 7.4% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of IRIX and 5 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Paragon Associates & Paragon Associates II Joint Venture, adding an estimated $1.91M. The largest seller was Millrace Asset Group, exiting entirely with an estimated $1.87M sold.
- 27 institutional investors held IRIDEX (IRIX) as of Q3 2015, down from 33 in Q2 2015.
- Funds reported $21.7M of IRIDEX stock for Q3 2015, down 7.4% quarter-over-quarter.
- 5 funds opened new IRIDEX positions in Q3 2015 and 11 closed out, a net change of -6 holders.
- The largest IRIDEX buyer in Q3 2015 was Paragon Associates & Paragon Associates II Joint Venture, an estimated $1.91M added.
- The largest IRIDEX seller in Q3 2015 was Millrace Asset Group, an estimated $1.87M sold.
Based on aggregated 13F filings for Q3 2015.