IRIDEX
IRIX
37 hedge funds and large institutions have $54.3M invested in IRIDEX in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
3.03% less ownership
Funds ownership: 50.53% → 47.5% (-3%)
20% less funds holding
Funds holding: 46 → 37 (-9)
21% less capital invested
Capital invested by funds: $69.1M → $54.3M (-$14.8M)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$993K |
| 2 |
Millennium Management
New York
|
+$942K |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$652K |
| 4 |
Goldman Sachs
New York
|
+$605K |
| 5 |
ACP
Acuta Capital Partners
Redwood City,
California
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.02M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$1.6M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.16M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$945K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$678K |
IRIX Hedge Fund Activity: Q2 2017 in Review
37 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in IRIDEX (IRIX) for Q2 2017, worth a combined $54.3M — down 21% from $69.1M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IRIX and 8 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was First Light Asset Management, opening a new position worth an estimated $993K. The largest seller was BlackRock, cutting an estimated $3.02M.
- 37 institutional investors held IRIDEX (IRIX) as of Q2 2017, down from 46 in Q1 2017.
- Funds reported $54.3M of IRIDEX stock for Q2 2017, down 21% quarter-over-quarter.
- 8 funds opened new IRIDEX positions in Q2 2017 and 17 closed out, a net change of -9 holders.
- The largest IRIDEX buyer in Q2 2017 was First Light Asset Management, an estimated $993K added.
- The largest IRIDEX seller in Q2 2017 was BlackRock, an estimated $3.02M sold.
Based on aggregated 13F filings for Q2 2017.