iRhythm Holdings
IRTC
174 hedge funds and large institutions have $2.07B invested in iRhythm Holdings in 2019 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 56 reducing their positions, and 21 closing their positions.
67% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 21
25% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 56
16% more capital invested
Capital invested by funds: $1.78B → $2.07B (+$289M)
9% more funds holding
Funds holding: 160 → 174 (+14)
6.96% more ownership
Funds ownership: 105.99% → 112.95% (+7%)
69% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $32.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$41M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$27.9M |
| 4 |
HM
HealthCor Management
New York
|
+$18.1M |
| 5 |
PA
Perceptive Advisors
New York
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$17.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$16M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$15.5M |
| 4 |
Millennium Management
New York
|
-$13.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12.1M |
IRTC Hedge Fund Activity: Q1 2019 in Review
174 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q1 2019, worth a combined $2.07B — up 16% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new IRTC positions and 21 closed out — a net gain of 14 holders — while 70 added to existing stakes and 56 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $41M. The largest seller was OppenheimerFunds, cutting an estimated $17.9M.
- 174 institutional investors held iRhythm Holdings (IRTC) as of Q1 2019, up from 160 in Q4 2018.
- Funds reported $2.07B of iRhythm Holdings stock for Q1 2019, up 16% quarter-over-quarter.
- 35 funds opened new iRhythm Holdings positions in Q1 2019 and 21 closed out, a net change of +14 holders.
- The largest iRhythm Holdings buyer in Q1 2019 was Fred Alger Management, an estimated $41M added.
- The largest iRhythm Holdings seller in Q1 2019 was OppenheimerFunds, an estimated $17.9M sold.
Based on aggregated 13F filings for Q1 2019.