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Revolution Medicines

152 hedge funds and large institutions have $2.34B invested in Revolution Medicines in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 77 increasing their positions, 31 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

361% more call options, than puts

Call options by funds: $3.95M | Put options by funds: $857K

148% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 31

113% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 15

13% more capital invested

Capital invested by funds: $2.07B → $2.34B (+$269M)

13% more funds holding

Funds holding: 135152 (+17)

4.59% more ownership

Funds ownership: 99.36%103.95% (+4.6%)

33% less funds holding in top 10

Funds holding in top 10: 128 (-4)

Holders
152
Holders Change
+17
Holders Change %
+12.59%
% of All Funds
2.42%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.13%
New
32
Increased
77
Reduced
31
Closed
15
Calls
$3.95M
Puts
$857K
Net Calls
+$3.1M
Net Calls Change
-$5K
Name Holding Trade Value Shares
Change
Change in
Stake
DM
26
Deerfield Management
New York
$18M -$1.52M -61,850 -7%
Northern Trust
27
Northern Trust
Illinois
$17M +$2.71M +109,885 +16%
RSCM
28
Rock Springs Capital Management
Maryland
$15.2M +$17.3M +702,712 New
Charles Schwab
29
Charles Schwab
California
$14.2M +$2.32M +94,140 +17%
Fidelity Investments
30
Fidelity Investments
Massachusetts
$13M +$4.16M +168,904 +39%
DCM
31
DAFNA Capital Management
California
$12.5M +$2.41M +98,000 +21%
CS
32
Candriam SCA
Luxembourg
$12.1M -$3.11M -126,173 -17%
Millennium Management
33
Millennium Management
New York
$12M +$10.7M +435,447 +370%
Norges Bank
34
Norges Bank
Norway
$11.1M -$2.67M -108,625 -17%
Bessemer Group
35
Bessemer Group
New Jersey
$9.58M -$753K -30,561 -6%
Morgan Stanley
36
Morgan Stanley
New York
$8.33M +$1.15M +46,761 +14%
AllianceBernstein
37
AllianceBernstein
Tennessee
$8.15M +$3.94M +160,050 +74%
Janus Henderson Group
38
Janus Henderson Group
United Kingdom
$7.64M +$8.45M +343,212 +3,569%
IHAM
39
Integral Health Asset Management
New York
$7.47M +$8.5M +345,000 New
MGB
40
Mass General Brigham
Massachusetts
$7.33M +$7.8M +316,767 +1,479%
Rafferty Asset Management
41
Rafferty Asset Management
New York
$7.1M +$2.22M +90,268 +38%
HMC
42
Harvard Management Company
Massachusetts
$6.83M -$8.74M -354,832 -53%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$6.65M +$6.17M +250,484 +445%
Bank of New York Mellon
44
Bank of New York Mellon
New York
$6.34M +$821K +33,343 +13%
PAMP
45
Polar Asset Management Partners
Ontario, Canada
$6.06M +$2.69M +109,100 +64%
Citigroup
46
Citigroup
New York
$5.71M +$3.86M +156,876 +147%
MB
47
MPM BioImpact
Massachusetts
$5.35M +$2.41M +97,979 +66%
N
48
Nuveen
North Carolina
$5.17M +$928K +37,669 +19%
DCM
49
Driehaus Capital Management
Illinois
$4.57M -$136K -5,539 -3%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$4.26M +$3.32M +134,759 +217%

RVMD Hedge Fund Activity: Q1 2023 in Review

152 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Revolution Medicines (RVMD) for Q1 2023, worth a combined $2.34B — up 13% from $2.07B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new RVMD positions and 15 closed out — a net gain of 17 holders — while 77 added to existing stakes and 31 trimmed.

The largest buyer was Woodline Partners, adding an estimated $73.2M. The largest seller was Cormorant Asset Management, exiting entirely with an estimated $45.1M sold.

  • 152 institutional investors held Revolution Medicines (RVMD) as of Q1 2023, up from 135 in Q4 2022.
  • Funds reported $2.34B of Revolution Medicines stock for Q1 2023, up 13% quarter-over-quarter.
  • 32 funds opened new Revolution Medicines positions in Q1 2023 and 15 closed out, a net change of +17 holders.
  • The largest Revolution Medicines buyer in Q1 2023 was Woodline Partners, an estimated $73.2M added.
  • The largest Revolution Medicines seller in Q1 2023 was Cormorant Asset Management, an estimated $45.1M sold.

Based on aggregated 13F filings for Q1 2023.