908 Devices
MASS
83 hedge funds and large institutions have $188M invested in 908 Devices in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 21 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
24% more call options, than puts
Call options by funds: $42K | Put options by funds: $34K
14% more capital invested
Capital invested by funds: $165M → $188M (+$22.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 68.46% → 68.44% (-0.03%)
10% less funds holding
Funds holding: 92 → 83 (-9)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$5.84M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.6M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$3.11M |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$2.71M |
| 5 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$8.91M |
| 2 |
RI
RTW Investments
New York
|
-$2.38M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.78M |
| 4 |
Renaissance Technologies
New York
|
-$717K |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$680K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFCM
101
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$792 | -104 | Closed |
|
102
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$80 | -9 | -28% |
|
|
IA
103
IFP Advisors
Tampa,
Florida
| – | -$1K | -4 | Closed |
|
MASS Hedge Fund Activity: Q1 2023 in Review
83 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 908 Devices (MASS) for Q1 2023, worth a combined $188M — up 14% from $165M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MASS and 12 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 31 added.
The largest buyer was Granahan Investment Management, adding an estimated $5.84M. The largest seller was Fred Alger Management, cutting an estimated $8.91M.
- 83 institutional investors held 908 Devices (MASS) as of Q1 2023, down from 92 in Q4 2022.
- Funds reported $188M of 908 Devices stock for Q1 2023, up 14% quarter-over-quarter.
- 12 funds opened new 908 Devices positions in Q1 2023 and 21 closed out, a net change of -9 holders.
- The largest 908 Devices buyer in Q1 2023 was Granahan Investment Management, an estimated $5.84M added.
- The largest 908 Devices seller in Q1 2023 was Fred Alger Management, an estimated $8.91M sold.
Based on aggregated 13F filings for Q1 2023.