iRhythm Holdings
IRTC
193 hedge funds and large institutions have $3.58B invested in iRhythm Holdings in 2020 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 62 increasing their positions, 64 reducing their positions, and 20 closing their positions.
135% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 20
35% more capital invested
Capital invested by funds: $2.65B → $3.58B (+$923M)
16% more funds holding
Funds holding: 167 → 193 (+26)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 64
7.51% less ownership
Funds ownership: 121.86% → 114.36% (-7.5%)
17% less call options, than puts
Call options by funds: $18.7M | Put options by funds: $22.7M
Top Buyers
| 1 |
Neuberger Berman Group
New York
|
+$80.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$31.2M |
| 3 |
ClearBridge Investments
New York
|
+$25.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$17.3M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$65.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$52.4M |
| 3 |
Holocene Advisors
New York
|
-$45.8M |
| 4 |
JP Morgan Chase
New York
|
-$41.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$39.1M |
IRTC Hedge Fund Activity: Q2 2020 in Review
193 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q2 2020, worth a combined $3.58B — up 35% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new IRTC positions and 20 closed out — a net gain of 27 holders — while 62 added to existing stakes and 64 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $80.9M. The largest seller was Wellington Management Group, cutting an estimated $65.8M.
- 193 institutional investors held iRhythm Holdings (IRTC) as of Q2 2020, up from 167 in Q1 2020.
- Funds reported $3.58B of iRhythm Holdings stock for Q2 2020, up 35% quarter-over-quarter.
- 47 funds opened new iRhythm Holdings positions in Q2 2020 and 20 closed out, a net change of +27 holders.
- The largest iRhythm Holdings buyer in Q2 2020 was Neuberger Berman Group, an estimated $80.9M added.
- The largest iRhythm Holdings seller in Q2 2020 was Wellington Management Group, an estimated $65.8M sold.
Based on aggregated 13F filings for Q2 2020.