iRhythm Holdings
IRTC
106 hedge funds and large institutions have $1.17B invested in iRhythm Holdings in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 40 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more capital invested
Capital invested by funds: $900M → $1.17B (+$266M)
6% more funds holding
Funds holding: 100 → 106 (+6)
3.52% more ownership
Funds ownership: 95.35% → 98.88% (+3.5%)
5% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 40
74% less call options, than puts
Call options by funds: $296K | Put options by funds: $1.13M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.7M |
| 2 |
BlackRock
New York
|
+$22.8M |
| 3 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
+$17.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.1M |
| 5 |
JP Morgan Chase
New York
|
+$14M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$22.3M |
| 2 |
PC
PointState Capital
New York
|
-$22.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.1M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$11.9M |
| 5 |
AC
Ascend Capital
Orinda,
California
|
-$11.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fifth Third Bancorp
Cincinnati,
Ohio
| $27K | +$23.5K | +520 | New |
|
102
Citigroup
New York
| $25K | +$17.3K | +381 | +419% |
|
103
Barclays
London,
United Kingdom
| $17K | -$37.9K | -837 | -72% |
|
|
MPWT
104
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $5.19K | – | – | – |
|
105
Envestnet Asset Management
Chicago,
Illinois
| $3K | – | – | – |
|
106
AssetMark Inc
Concord,
California
| $2K | +$91 | +2 | +7% |
|
|
PC
107
PointState Capital
New York
| – | -$22.2M | -522,900 | Closed |
|
|
BC
108
Broadfin Capital
New York
| – | -$2.24M | -52,700 | Closed |
|
|
SIM
109
Spark Investment Management
New York
| – | -$526K | -12,400 | Closed |
|
110
Squarepoint
New York
| – | -$374K | -8,800 | Closed |
|
|
GCP
111
GSA Capital Partners
London,
United Kingdom
| – | -$289K | -6,810 | Closed |
|
112
Two Sigma Advisers
New York
| – | -$255K | -6,000 | Closed |
|
|
PHK
113
Point72 Hong Kong
Hong Kong
| – | -$1K | -23 | Closed |
|
IRTC Hedge Fund Activity: Q3 2017 in Review
106 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q3 2017, worth a combined $1.17B — up 29% from $900M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IRTC positions and 7 closed out — a net gain of 6 holders — while 42 added to existing stakes and 40 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $27.7M. The largest seller was Millennium Management, cutting an estimated $22.3M.
- 106 institutional investors held iRhythm Holdings (IRTC) as of Q3 2017, up from 100 in Q2 2017.
- Funds reported $1.17B of iRhythm Holdings stock for Q3 2017, up 29% quarter-over-quarter.
- 13 funds opened new iRhythm Holdings positions in Q3 2017 and 7 closed out, a net change of +6 holders.
- The largest iRhythm Holdings buyer in Q3 2017 was Fidelity Investments, an estimated $27.7M added.
- The largest iRhythm Holdings seller in Q3 2017 was Millennium Management, an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2017.