Rhythm Pharmaceuticals
RYTM
124 hedge funds and large institutions have $1.01B invested in Rhythm Pharmaceuticals in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 25 reducing their positions, and 19 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 25
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
4% more funds holding
Funds holding: 119 → 124 (+5)
3.17% more ownership
Funds ownership: 91.65% → 94.81% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less capital invested
Capital invested by funds: $1.19B → $1.01B (-$183M)
25% less call options, than puts
Call options by funds: $1.05M | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$48.2M |
| 2 |
BBA
Baker Bros. Advisors
New York
|
+$33.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$33.7M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$33M |
| 5 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.5M |
| 2 |
MAM
MPM Asset Management
Boston,
Massachusetts
|
-$29M |
| 3 |
DM
Deerfield Management
New York
|
-$21.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$11.7M |
| 5 |
OM
Opaleye Management
Boston,
Massachusetts
|
-$3.42M |
RYTM Hedge Fund Activity: Q1 2021 in Review
124 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Rhythm Pharmaceuticals (RYTM) for Q1 2021, worth a combined $1.01B — down 15% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RYTM positions and 19 closed out — a net gain of 6 holders — while 59 added to existing stakes and 25 trimmed.
The largest buyer was Primecap Management, adding an estimated $48.2M. The largest seller was Wellington Management Group, cutting an estimated $31.5M.
- 124 institutional investors held Rhythm Pharmaceuticals (RYTM) as of Q1 2021, up from 119 in Q4 2020.
- Funds reported $1.01B of Rhythm Pharmaceuticals stock for Q1 2021, down 15% quarter-over-quarter.
- 25 funds opened new Rhythm Pharmaceuticals positions in Q1 2021 and 19 closed out, a net change of +6 holders.
- The largest Rhythm Pharmaceuticals buyer in Q1 2021 was Primecap Management, an estimated $48.2M added.
- The largest Rhythm Pharmaceuticals seller in Q1 2021 was Wellington Management Group, an estimated $31.5M sold.
Based on aggregated 13F filings for Q1 2021.