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Rhythm Pharmaceuticals

176 hedge funds and large institutions have $3.55B invested in Rhythm Pharmaceuticals in 2024 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 62 increasing their positions, 54 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

868% more call options, than puts

Call options by funds: $46M | Put options by funds: $4.75M

58% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 19

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

25% more capital invested

Capital invested by funds: $2.85B → $3.55B (+$700M)

15% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 54

7% more funds holding

Funds holding: 165176 (+11)

2.92% less ownership

Funds ownership: 113.66%110.75% (-2.9%)

Holders
176
Holders Change
+11
Holders Change %
+6.67%
% of All Funds
2.53%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.14%
New
30
Increased
62
Reduced
54
Closed
19
Calls
$46M
Puts
$4.75M
Net Calls
+$41.2M
Net Calls Change
+$32M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$378M -$4.58M -95,480 -1%
BlackRock
2
BlackRock
New York
$361M +$7.06M +147,335 +2%
BBA
3
Baker Bros. Advisors
New York
$335M +$48 +1 +0%
RCM
4
RA Capital Management
Massachusetts
$319M
Goldman Sachs
5
Goldman Sachs
New York
$203M -$67.5M -1,408,839 -27%
PA
6
Perceptive Advisors
New York
$187M +$5.44M +113,635 +3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$181M +$4.18M +87,216 +3%
NMC
8
NEA Management Company
Maryland
$152M
FLSM
9
Frazier Life Sciences Management
California
$127M +$2.19M +45,648 +2%
State Street
10
State Street
Massachusetts
$104M -$513K -10,716 -0.5%
Federated Hermes
11
Federated Hermes
Pennsylvania
$87.2M +$149K +3,116 +0.2%
PCH
12
Polar Capital Holdings
United Kingdom
$78.6M
DCM
13
Driehaus Capital Management
Illinois
$68.1M +$5.61M +117,120 +10%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$65.8M +$168K +3,499 +0.3%
RSCM
15
Rock Springs Capital Management
Maryland
$64.3M -$2.51M -52,400 -4%
Alkeon Capital Management
16
Alkeon Capital Management
New York
$61.2M +$8.04M +167,700 +17%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
17
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$58.2M +$6.89M +143,800 +15%
CC
18
Checkpoint Capital
California
$34.8M -$12.4M -258,719 -28%
CC
19
Commodore Capital
New York
$34.1M -$27.6M -575,000 -47%
Loomis, Sayles & Company
20
Loomis, Sayles & Company
Massachusetts
$33.4M +$30.5M +636,628 New
HRCM
21
Hood River Capital Management
Florida
$32.2M +$29.4M +614,598 New
Janus Henderson Group
22
Janus Henderson Group
United Kingdom
$31.3M +$215K +4,480 +0.8%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$28.8M +$1.18M +24,588 +5%
OM
24
Opaleye Management
Massachusetts
$26.2M -$719K -15,000 -3%
Northern Trust
25
Northern Trust
Illinois
$26.1M -$47.1K -982 -0.2%

RYTM Hedge Fund Activity: Q3 2024 in Review

176 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Rhythm Pharmaceuticals (RYTM) for Q3 2024, worth a combined $3.55B — up 25% from $2.85B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new RYTM positions and 19 closed out — a net gain of 11 holders — while 62 added to existing stakes and 54 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $30.5M. The largest seller was Goldman Sachs, cutting an estimated $67.5M.

  • 176 institutional investors held Rhythm Pharmaceuticals (RYTM) as of Q3 2024, up from 165 in Q2 2024.
  • Funds reported $3.55B of Rhythm Pharmaceuticals stock for Q3 2024, up 25% quarter-over-quarter.
  • 30 funds opened new Rhythm Pharmaceuticals positions in Q3 2024 and 19 closed out, a net change of +11 holders.
  • The largest Rhythm Pharmaceuticals buyer in Q3 2024 was Loomis, Sayles & Company, an estimated $30.5M added.
  • The largest Rhythm Pharmaceuticals seller in Q3 2024 was Goldman Sachs, an estimated $67.5M sold.

Based on aggregated 13F filings for Q3 2024.