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Praxis Precision Medicines
PRAX

108 hedge funds and large institutions have $95.6M invested in Praxis Precision Medicines in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 13

14% more funds holding

Funds holding: 95 → 108 (+13)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.15% less ownership

Funds ownership: 6.32% → 6.16% (-0.15%)

6% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 31

9% less capital invested

Capital invested by funds: $106M → $95.6M (-$9.9M)

Holders
108
Holders Change
+13
Holders Change %
+13.68%
% of All Funds
1.86%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
26
Increased
29
Reduced
31
Closed
13
Calls
$541K
Puts
–
Net Calls
+$541K
Net Calls Change
-$536K

Top Buyers

1
EC
EcoR1 Capital
California
+$4.27M
2
Millennium Management
Millennium Management
New York
+$2.34M
3
Goldman Sachs
Goldman Sachs
New York
+$1.75M
4
Adage Capital Partners
Adage Capital Partners
Massachusetts
+$1.66M
5
GCM
Graham Capital Management
Connecticut
+$1.38M

Top Sellers

1
State Street
State Street
Massachusetts
-$14M
2
Vanguard Group
Vanguard Group
Pennsylvania
-$2.45M
3
Citadel Advisors
Citadel Advisors
Florida
-$1.19M
4
LCM
Laurion Capital Management
New York
-$959K
5
Bank of America
Bank of America
North Carolina
-$925K
Name Holding Trade Value Shares
Change 		Change in
Stake
Blackstone Inc
1
Blackstone Inc
New York
$11.1M – – –
EAM
2
Eventide Asset Management
Massachusetts
$7.99M – – –
PHS
3
PFM Health Sciences
California
$7.85M +$535K +10,745 +5%
BlackRock
4
BlackRock
New York
$7.37M +$908K +18,229 +9%
VVA
5
Vida Ventures Advisors
Massachusetts
$6.67M – – –
Adage Capital Partners
6
Adage Capital Partners
Massachusetts
$5.12M +$1.66M +33,334 +28%
Vanguard Group
7
Vanguard Group
Pennsylvania
$4.1M -$2.45M -49,130 -29%
EC
8
EcoR1 Capital
California
$3.4M +$4.27M +85,748 +612%
AG
9
Artal Group
Luxembourg
$2.72M – – –
KCM
10
Kingdon Capital Management
New York
$2.62M – – –
Goldman Sachs
11
Goldman Sachs
New York
$2.55M +$1.75M +35,127 +88%
Citadel Advisors
12
Citadel Advisors
Florida
$2.45M -$1.19M -23,907 -25%
Acadian Asset Management
13
Acadian Asset Management
Massachusetts
$2.32M +$640K +12,837 +23%
7IH
14
72 Investment Holdings
Connecticut
$2.25M – – –
Millennium Management
15
Millennium Management
New York
$2.23M +$2.34M +46,990 +254%
Verition Fund Management
16
Verition Fund Management
Connecticut
$2.05M +$213K +4,272 +8%
State Street
17
State Street
Massachusetts
$1.99M -$14M -281,554 -83%
HMC
18
Harvard Management Company
Massachusetts
$1.77M – – –
Geode Capital Management
19
Geode Capital Management
Massachusetts
$1.44M -$7.28K -146 -0.3%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$1.14M +$939K +18,854 +128%
GCM
21
Graham Capital Management
Connecticut
$1.06M +$1.38M +27,638 +768%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$1.02M -$110K -2,199 -7%
Renaissance Technologies
23
Renaissance Technologies
New York
$1.02M +$770K +15,448 +107%
Two Sigma Investments
24
Two Sigma Investments
New York
$1M +$127K +2,557 +10%
Northern Trust
25
Northern Trust
Illinois
$841K -$2.89K -58 -0.2%
1
2 3 4 5

PRAX Hedge Fund Activity: Q3 2022 in Review

108 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Praxis Precision Medicines (PRAX) for Q3 2022, worth a combined $95.6M — down 9.4% from $106M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new PRAX positions and 13 closed out — a net gain of 13 holders — while 29 added to existing stakes and 31 trimmed.

The largest buyer was EcoR1 Capital, adding an estimated $4.27M. The largest seller was State Street, cutting an estimated $14M.

  • 108 institutional investors held Praxis Precision Medicines (PRAX) as of Q3 2022, up from 95 in Q2 2022.
  • Funds reported $95.6M of Praxis Precision Medicines stock for Q3 2022, down 9.4% quarter-over-quarter.
  • 26 funds opened new Praxis Precision Medicines positions in Q3 2022 and 13 closed out, a net change of +13 holders.
  • The largest Praxis Precision Medicines buyer in Q3 2022 was EcoR1 Capital, an estimated $4.27M added.
  • The largest Praxis Precision Medicines seller in Q3 2022 was State Street, an estimated $14M sold.

Based on aggregated 13F filings for Q3 2022.