IRIDEX
IRIX
37 hedge funds and large institutions have $46.4M invested in IRIDEX in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
21% more capital invested
Capital invested by funds: $38.4M → $46.4M (+$7.97M)
19% more funds holding
Funds holding: 31 → 37 (+6)
7.17% more ownership
Funds ownership: 47.61% → 54.78% (+7.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$9.88M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.08M |
| 3 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
+$1.16M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$929K |
| 5 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$1.38M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$671K |
| 3 |
ACP
Acuta Capital Partners
Redwood City,
California
|
-$390K |
| 4 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$34.6K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$32.6K |
IRIX Hedge Fund Activity: Q3 2018 in Review
37 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in IRIDEX (IRIX) for Q3 2018, worth a combined $46.4M — up 21% from $38.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IRIX positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $9.88M. The largest seller was First Light Asset Management, exiting entirely with an estimated $1.38M sold.
- 37 institutional investors held IRIDEX (IRIX) as of Q3 2018, up from 31 in Q2 2018.
- Funds reported $46.4M of IRIDEX stock for Q3 2018, up 21% quarter-over-quarter.
- 8 funds opened new IRIDEX positions in Q3 2018 and 2 closed out, a net change of +6 holders.
- The largest IRIDEX buyer in Q3 2018 was Wasatch Advisors, an estimated $9.88M added.
- The largest IRIDEX seller in Q3 2018 was First Light Asset Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2018.