iRhythm Holdings
IRTC
141 hedge funds and large institutions have $1.52B invested in iRhythm Holdings in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 10 closing their positions.
240% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 10
147% more call options, than puts
Call options by funds: $4.21M | Put options by funds: $1.7M
19% more funds holding
Funds holding: 118 → 141 (+23)
17% more capital invested
Capital invested by funds: $1.3B → $1.52B (+$221M)
2.11% more ownership
Funds ownership: 100.73% → 102.84% (+2.1%)
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$38.8M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$36.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$22.6M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$20M |
| 5 |
Millennium Management
New York
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$26.4M |
| 2 |
NLVP
New Leaf Venture Partners
New York
|
-$18.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.7M |
| 4 |
Bank of New York Mellon
New York
|
-$6.31M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$6.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
AssetMark Inc
Concord,
California
| – | -$2K | -29 | Closed |
|
IRTC Hedge Fund Activity: Q1 2018 in Review
141 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q1 2018, worth a combined $1.52B — up 17% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new IRTC positions and 10 closed out — a net gain of 24 holders — while 43 added to existing stakes and 47 trimmed.
The largest buyer was Ameriprise, adding an estimated $38.8M. The largest seller was Citadel Advisors, cutting an estimated $26.4M.
- 141 institutional investors held iRhythm Holdings (IRTC) as of Q1 2018, up from 118 in Q4 2017.
- Funds reported $1.52B of iRhythm Holdings stock for Q1 2018, up 17% quarter-over-quarter.
- 34 funds opened new iRhythm Holdings positions in Q1 2018 and 10 closed out, a net change of +24 holders.
- The largest iRhythm Holdings buyer in Q1 2018 was Ameriprise, an estimated $38.8M added.
- The largest iRhythm Holdings seller in Q1 2018 was Citadel Advisors, an estimated $26.4M sold.
Based on aggregated 13F filings for Q1 2018.