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Rhythm Pharmaceuticals

90 hedge funds and large institutions have $191M invested in Rhythm Pharmaceuticals in 2022 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,294% more call options, than puts

Call options by funds: $1.67M | Put options by funds: $120K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5.88% less ownership

Funds ownership: 97.07%91.19% (-5.9%)

19% less funds holding

Funds holding: 11190 (-21)

26% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 31

50% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 36

66% less capital invested

Capital invested by funds: $563M → $191M (-$372M)

Holders
90
Holders Change
-21
Holders Change %
-18.92%
% of All Funds
1.52%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
23
Reduced
31
Closed
36
Calls
$1.67M
Puts
$120K
Net Calls
+$1.55M
Net Calls Change
-$2.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$26.4M +$395K +72,103 +1%
NMC
2
NEA Management Company
Maryland
$20.4M
RCM
3
RA Capital Management
Massachusetts
$20.2M
Federated Hermes
4
Federated Hermes
Pennsylvania
$18.2M -$3.66M -669,513 -13%
BBA
5
Baker Bros. Advisors
New York
$17.1M
Goldman Sachs
6
Goldman Sachs
New York
$13.1M -$982K -179,364 -5%
Vanguard Group
7
Vanguard Group
Pennsylvania
$8.92M -$587K -107,294 -5%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$8.63M -$4.77M -870,925 -30%
Franklin Resources
9
Franklin Resources
California
$7.38M +$60 +11 +0%
Alkeon Capital Management
10
Alkeon Capital Management
New York
$6.22M +$8.21M +1,500,000 New
RSCM
11
Rock Springs Capital Management
Maryland
$5.82M +$910K +166,272 +13%
BlackRock
12
BlackRock
New York
$4.89M -$11.5M -2,106,530 -64%
MAM
13
MPM Asset Management
Massachusetts
$3.77M
Assenagon Asset Management
14
Assenagon Asset Management
Luxembourg
$2.86M -$88.7K -16,200 -2%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$2.31M +$17.1K +3,127 +0.6%
Millennium Management
16
Millennium Management
New York
$2.03M +$704K +128,529 +36%
Morgan Stanley
17
Morgan Stanley
New York
$1.79M +$959K +175,255 +69%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$1.66M -$1.87M -341,095 -46%
Jacobs Levy Equity Management
19
Jacobs Levy Equity Management
New Jersey
$1.57M +$2.07M +378,714 New
OM
20
Opaleye Management
Massachusetts
$1.5M +$1.98M +362,000 New
SB
21
Samsara BioCapital
California
$1.43M
DM
22
Deerfield Management
New York
$1.21M
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$1.05M +$326K +59,532 +31%
State Street
24
State Street
Massachusetts
$1.04M -$3.07M -560,124 -69%
E
25
Ergoteles
New York
$883K +$1.16M +212,800 New

RYTM Hedge Fund Activity: Q2 2022 in Review

90 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Rhythm Pharmaceuticals (RYTM) for Q2 2022, worth a combined $191M — down 66% from $563M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of RYTM and 18 opened new positions — a net loss of 18 holders — while 31 trimmed existing stakes and 23 added.

The largest buyer was Alkeon Capital Management, opening a new position worth an estimated $8.21M. The largest seller was BlackRock, cutting an estimated $11.5M.

  • 90 institutional investors held Rhythm Pharmaceuticals (RYTM) as of Q2 2022, down from 111 in Q1 2022.
  • Funds reported $191M of Rhythm Pharmaceuticals stock for Q2 2022, down 66% quarter-over-quarter.
  • 18 funds opened new Rhythm Pharmaceuticals positions in Q2 2022 and 36 closed out, a net change of -18 holders.
  • The largest Rhythm Pharmaceuticals buyer in Q2 2022 was Alkeon Capital Management, an estimated $8.21M added.
  • The largest Rhythm Pharmaceuticals seller in Q2 2022 was BlackRock, an estimated $11.5M sold.

Based on aggregated 13F filings for Q2 2022.