IRIDEX
IRIX
30 hedge funds and large institutions have $42.7M invested in IRIDEX in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 5 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.01% less ownership
Funds ownership: 49.35% → 48.34% (-1%)
9% less funds holding
Funds holding: 33 → 30 (-3)
40% less capital inflows, than outflows
Capital inflows: $1.67M | Capital outflows: $2.81M
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$676K |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$352K |
| 3 |
Renaissance Technologies
New York
|
+$265K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$90.7K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$72.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTC
Ghost Tree Capital
New York
|
-$1.87M |
| 2 |
Millennium Management
New York
|
-$338K |
| 3 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$302K |
| 4 |
Element Capital Management
New York
|
-$242K |
| 5 |
OPCM
Osborne Partners Capital Management
San Francisco,
California
|
-$27.9K |
IRIX Hedge Fund Activity: Q4 2017 in Review
30 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in IRIDEX (IRIX) for Q4 2017, worth a combined $42.7M — down 20% from $53.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IRIX and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 12 added.
The largest buyer was First Light Asset Management, adding an estimated $676K. The largest seller was Ghost Tree Capital, exiting entirely with an estimated $1.87M sold.
- 30 institutional investors held IRIDEX (IRIX) as of Q4 2017, down from 33 in Q3 2017.
- Funds reported $42.7M of IRIDEX stock for Q4 2017, down 20% quarter-over-quarter.
- 2 funds opened new IRIDEX positions in Q4 2017 and 5 closed out, a net change of -3 holders.
- The largest IRIDEX buyer in Q4 2017 was First Light Asset Management, an estimated $676K added.
- The largest IRIDEX seller in Q4 2017 was Ghost Tree Capital, an estimated $1.87M sold.
Based on aggregated 13F filings for Q4 2017.