Profound Medical
PROF
31 hedge funds and large institutions have $46.2M invested in Profound Medical in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 10 increasing their positions, 1 reducing their positions, and 2 closing their positions.
900% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 1
850% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 2
112% more capital invested
Capital invested by funds: $21.8M → $46.2M (+$24.4M)
94% more funds holding
Funds holding: 16 → 31 (+15)
13.92% more ownership
Funds ownership: 16.44% → 30.37% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVI
Pura Vida Investments
New York
|
+$7.03M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
+$5.19M |
| 3 |
AIC
AWM Investment Company
New York
|
+$4.52M |
| 4 |
GA
Gagnon Advisors
New York
|
+$3.33M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$1.43M |
| 2 |
ERIM
Eagle Ridge Investment Management
Stamford,
Connecticut
|
-$329K |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $34K | +$36.9K | +2,845 | +406% |
|
27
JP Morgan Chase
New York
| $17K | +$1.3K | +100 | +6% |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $15K | +$1.95K | +150 | +11% |
|
29
Osaic Holdings
Scottsdale,
Arizona
| $9K | +$12.4K | +960 | New |
|
|
SFS
30
Sowell Financial Services
North Little Rock,
Arkansas
| $7K | – | – | – |
|
31
Wells Fargo
San Francisco,
California
| $3K | +$3.89K | +300 | New |
|
|
ERIM
32
Eagle Ridge Investment Management
Stamford,
Connecticut
| – | -$329K | -30,000 | Closed |
|
|
AAP
33
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$114K | -10,000 | Closed |
|
PROF Hedge Fund Activity: Q1 2020 in Review
31 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Profound Medical (PROF) for Q1 2020, worth a combined $46.2M — up 112% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PROF positions and 2 closed out — a net gain of 17 holders — while 10 added to existing stakes and 1 trimmed.
The largest buyer was Pura Vida Investments, opening a new position worth an estimated $7.03M. The largest seller was Fidelity International, cutting an estimated $1.43M.
- 31 institutional investors held Profound Medical (PROF) as of Q1 2020, up from 16 in Q4 2019.
- Funds reported $46.2M of Profound Medical stock for Q1 2020, up 112% quarter-over-quarter.
- 19 funds opened new Profound Medical positions in Q1 2020 and 2 closed out, a net change of +17 holders.
- The largest Profound Medical buyer in Q1 2020 was Pura Vida Investments, an estimated $7.03M added.
- The largest Profound Medical seller in Q1 2020 was Fidelity International, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2020.