iRhythm Holdings
IRTC
228 hedge funds and large institutions have $3.82B invested in iRhythm Holdings in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 106 increasing their positions, 65 reducing their positions, and 51 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 65
2.83% more ownership
Funds ownership: 111.37% → 114.21% (+2.8%)
4% less capital invested
Capital invested by funds: $4B → $3.82B (-$177M)
10% less funds holding
Funds holding: 253 → 228 (-25)
47% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 51
48% less call options, than puts
Call options by funds: $17.2M | Put options by funds: $32.8M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$55.2M |
| 2 |
Millennium Management
New York
|
+$37.9M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$35.9M |
| 4 |
Citigroup
New York
|
+$19.4M |
| 5 |
Morgan Stanley
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$48.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28M |
| 3 |
PA
Perceptive Advisors
New York
|
-$21.5M |
| 4 |
Bank of New York Mellon
New York
|
-$18.5M |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$16.8M |
IRTC Hedge Fund Activity: Q2 2024 in Review
228 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q2 2024, worth a combined $3.82B — down 4.4% from $4B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of IRTC and 27 opened new positions — a net loss of 24 holders — while 65 trimmed existing stakes and 106 added.
The largest buyer was Artisan Partners, adding an estimated $55.2M. The largest seller was First Light Asset Management, exiting entirely with an estimated $48.8M sold.
- 228 institutional investors held iRhythm Holdings (IRTC) as of Q2 2024, down from 253 in Q1 2024.
- Funds reported $3.82B of iRhythm Holdings stock for Q2 2024, down 4.4% quarter-over-quarter.
- 27 funds opened new iRhythm Holdings positions in Q2 2024 and 51 closed out, a net change of -24 holders.
- The largest iRhythm Holdings buyer in Q2 2024 was Artisan Partners, an estimated $55.2M added.
- The largest iRhythm Holdings seller in Q2 2024 was First Light Asset Management, an estimated $48.8M sold.
Based on aggregated 13F filings for Q2 2024.