iRhythm Holdings
IRTC
170 hedge funds and large institutions have $2.29B invested in iRhythm Holdings in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 81 increasing their positions, 44 reducing their positions, and 27 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 44
11% more capital invested
Capital invested by funds: $2.07B → $2.29B (+$224M)
4.7% more ownership
Funds ownership: 112.86% → 117.57% (+4.7%)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
2% less funds holding
Funds holding: 174 → 170 (-4)
86% less call options, than puts
Call options by funds: $3.77M | Put options by funds: $26.4M
Top Buyers
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$77.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$50.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$35.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$22.6M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$21.9M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$114M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$24.2M |
| 3 |
Millennium Management
New York
|
-$16.9M |
| 4 |
HM
HealthCor Management
New York
|
-$15.9M |
| 5 |
PA
Perceptive Advisors
New York
|
-$15M |
IRTC Hedge Fund Activity: Q2 2019 in Review
170 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q2 2019, worth a combined $2.29B — up 11% from $2.07B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of IRTC and 26 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 81 added.
The largest buyer was Brown Capital Management, adding an estimated $77.5M. The largest seller was Fidelity Investments, cutting an estimated $114M.
- 170 institutional investors held iRhythm Holdings (IRTC) as of Q2 2019, down from 174 in Q1 2019.
- Funds reported $2.29B of iRhythm Holdings stock for Q2 2019, up 11% quarter-over-quarter.
- 26 funds opened new iRhythm Holdings positions in Q2 2019 and 27 closed out, a net change of -1 holder.
- The largest iRhythm Holdings buyer in Q2 2019 was Brown Capital Management, an estimated $77.5M added.
- The largest iRhythm Holdings seller in Q2 2019 was Fidelity Investments, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2019.