iRhythm Holdings
IRTC
167 hedge funds and large institutions have $2.61B invested in iRhythm Holdings in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 75 increasing their positions, 46 reducing their positions, and 25 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 46
17% more capital invested
Capital invested by funds: $2.23B → $2.61B (+$382M)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
3.16% less ownership
Funds ownership: 123.19% → 120.03% (-3.2%)
3% less funds holding
Funds holding: 173 → 167 (-6)
13% less call options, than puts
Call options by funds: $6M | Put options by funds: $6.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$65.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$41.9M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$16M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$62.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$50.2M |
| 3 |
Millennium Management
New York
|
-$36.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.3M |
| 5 |
Holocene Advisors
New York
|
-$27.6M |
IRTC Hedge Fund Activity: Q1 2020 in Review
167 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iRhythm Holdings (IRTC) for Q1 2020, worth a combined $2.61B — up 17% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of IRTC and 23 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 75 added.
The largest buyer was AllianceBernstein, adding an estimated $65.5M. The largest seller was Capital Research Global Investors, cutting an estimated $62.3M.
- 167 institutional investors held iRhythm Holdings (IRTC) as of Q1 2020, down from 173 in Q4 2019.
- Funds reported $2.61B of iRhythm Holdings stock for Q1 2020, up 17% quarter-over-quarter.
- 23 funds opened new iRhythm Holdings positions in Q1 2020 and 25 closed out, a net change of -2 holders.
- The largest iRhythm Holdings buyer in Q1 2020 was AllianceBernstein, an estimated $65.5M added.
- The largest iRhythm Holdings seller in Q1 2020 was Capital Research Global Investors, an estimated $62.3M sold.
Based on aggregated 13F filings for Q1 2020.