iRhythm Holdings
IRTC
233 hedge funds and large institutions have $7.42B invested in iRhythm Holdings in 2020 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 54 increasing their positions, 94 reducing their positions, and 24 closing their positions.
171% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 24
107% more capital invested
Capital invested by funds: $3.58B → $7.42B (+$3.84B)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more funds holding
Funds holding: 193 → 233 (+40)
11% more call options, than puts
Call options by funds: $42.1M | Put options by funds: $38.1M
5.06% less ownership
Funds ownership: 114.36% → 109.29% (-5.1%)
43% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
+$337M |
| 2 |
Holocene Advisors
New York
|
+$89.9M |
| 3 |
FAM
Fred Alger Management
New York
|
+$89.1M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$44.6M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$93.6M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$87.5M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$66.7M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$62.8M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$62.4M |
IRTC Hedge Fund Activity: Q3 2020 in Review
233 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q3 2020, worth a combined $7.42B — up 107% from $3.58B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new IRTC positions and 24 closed out — a net gain of 41 holders — while 54 added to existing stakes and 94 trimmed.
The largest buyer was Sands Capital Management, opening a new position worth an estimated $337M. The largest seller was AllianceBernstein, cutting an estimated $93.6M.
- 233 institutional investors held iRhythm Holdings (IRTC) as of Q3 2020, up from 193 in Q2 2020.
- Funds reported $7.42B of iRhythm Holdings stock for Q3 2020, up 107% quarter-over-quarter.
- 65 funds opened new iRhythm Holdings positions in Q3 2020 and 24 closed out, a net change of +41 holders.
- The largest iRhythm Holdings buyer in Q3 2020 was Sands Capital Management, an estimated $337M added.
- The largest iRhythm Holdings seller in Q3 2020 was AllianceBernstein, an estimated $93.6M sold.
Based on aggregated 13F filings for Q3 2020.