IRIDEX
IRIX
46 hedge funds and large institutions have $69.1M invested in IRIDEX in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 4 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
2.32% more ownership
Funds ownership: 48.21% → 50.53% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less capital invested
Capital invested by funds: $76.6M → $69.1M (-$7.5M)
10% less funds holding
Funds holding: 51 → 46 (-5)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$5.02M |
| 2 |
BlackRock
New York
|
+$4.7M |
| 3 |
ACP
Acuta Capital Partners
Redwood City,
California
|
+$1.94M |
| 4 |
GTC
Ghost Tree Capital
New York
|
+$703K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.19M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$579K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$572K |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$566K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$427K |
IRIX Hedge Fund Activity: Q1 2017 in Review
46 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in IRIDEX (IRIX) for Q1 2017, worth a combined $69.1M — down 9.8% from $76.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IRIX and 3 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 20 added.
The largest buyer was Lyon Street Capital, opening a new position worth an estimated $5.02M. The largest seller was EAM Investors, exiting entirely with an estimated $1.19M sold.
- 46 institutional investors held IRIDEX (IRIX) as of Q1 2017, down from 51 in Q4 2016.
- Funds reported $69.1M of IRIDEX stock for Q1 2017, down 9.8% quarter-over-quarter.
- 3 funds opened new IRIDEX positions in Q1 2017 and 4 closed out, a net change of -1 holder.
- The largest IRIDEX buyer in Q1 2017 was Lyon Street Capital, an estimated $5.02M added.
- The largest IRIDEX seller in Q1 2017 was EAM Investors, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2017.