iRhythm Holdings
IRTC
222 hedge funds and large institutions have $3.56B invested in iRhythm Holdings in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 87 increasing their positions, 69 reducing their positions, and 33 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 69
14% more capital invested
Capital invested by funds: $3.12B → $3.56B (+$437M)
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less ownership
Funds ownership: 108.43% → 108.43% (-0%)
0% less funds holding
Funds holding: 223 → 222 (-1)
9% less call options, than puts
Call options by funds: $24.8M | Put options by funds: $27.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$36.2M |
| 2 |
Morgan Stanley
New York
|
+$36.1M |
| 3 |
Holocene Advisors
New York
|
+$28.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$28.6M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$64M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$45.8M |
| 3 |
LOM
LTS One Management
New York
|
-$37M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$28.3M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$26.7M |
IRTC Hedge Fund Activity: Q4 2023 in Review
222 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q4 2023, worth a combined $3.56B — up 14% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new IRTC positions and 33 closed out — a net gain of 1 holder — while 87 added to existing stakes and 69 trimmed.
The largest buyer was Summit Partners Public Asset Management, adding an estimated $36.2M. The largest seller was Fidelity Investments, cutting an estimated $64M.
- 222 institutional investors held iRhythm Holdings (IRTC) as of Q4 2023, down from 223 in Q3 2023.
- Funds reported $3.56B of iRhythm Holdings stock for Q4 2023, up 14% quarter-over-quarter.
- 34 funds opened new iRhythm Holdings positions in Q4 2023 and 33 closed out, a net change of +1 holder.
- The largest iRhythm Holdings buyer in Q4 2023 was Summit Partners Public Asset Management, an estimated $36.2M added.
- The largest iRhythm Holdings seller in Q4 2023 was Fidelity Investments, an estimated $64M sold.
Based on aggregated 13F filings for Q4 2023.