iRhythm Holdings
IRTC
142 hedge funds and large institutions have $1.98B invested in iRhythm Holdings in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 48 reducing their positions, and 23 closing their positions.
31% more capital invested
Capital invested by funds: $1.52B → $1.98B (+$465M)
23% more call options, than puts
Call options by funds: $9.98M | Put options by funds: $8.11M
15% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 48
1.84% more ownership
Funds ownership: 102.84% → 104.68% (+1.8%)
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
1% more funds holding
Funds holding: 141 → 142 (+1)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$34.3M |
| 2 |
BlackRock
New York
|
+$34.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$13M |
| 4 |
Morgan Stanley
New York
|
+$11.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$9.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$23M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$14.7M |
| 3 |
Bank of New York Mellon
New York
|
-$12.8M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$12.7M |
| 5 |
Renaissance Technologies
New York
|
-$12.6M |
IRTC Hedge Fund Activity: Q2 2018 in Review
142 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q2 2018, worth a combined $1.98B — up 31% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new IRTC positions and 23 closed out — a net gain of 1 holder — while 55 added to existing stakes and 48 trimmed.
The largest buyer was PFM Health Sciences, opening a new position worth an estimated $34.3M. The largest seller was Redmile Group, cutting an estimated $23M.
- 142 institutional investors held iRhythm Holdings (IRTC) as of Q2 2018, up from 141 in Q1 2018.
- Funds reported $1.98B of iRhythm Holdings stock for Q2 2018, up 31% quarter-over-quarter.
- 24 funds opened new iRhythm Holdings positions in Q2 2018 and 23 closed out, a net change of +1 holder.
- The largest iRhythm Holdings buyer in Q2 2018 was PFM Health Sciences, an estimated $34.3M added.
- The largest iRhythm Holdings seller in Q2 2018 was Redmile Group, an estimated $23M sold.
Based on aggregated 13F filings for Q2 2018.