Spruce Biosciences
SPRB
38 hedge funds and large institutions have $72M invested in Spruce Biosciences in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 1 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $68.7M → $72M (+$3.25M)
0% more funds holding
Funds holding: 38 → 38 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
+$580K |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$530K |
| 3 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
+$225K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$149K |
| 5 |
WVP
Worth Venture Partners
Fort Lee,
New Jersey
|
+$54.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$993K |
| 2 |
Two Sigma Advisers
New York
|
-$323K |
| 3 |
Two Sigma Investments
New York
|
-$182K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$113K |
| 5 |
Renaissance Technologies
New York
|
-$70.4K |
SPRB Hedge Fund Activity: Q3 2023 in Review
38 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in Spruce Biosciences (SPRB) for Q3 2023, worth a combined $72M — up 4.7% from $68.7M a quarter earlier.
Fund positioning in SPRB was balanced in Q3 2023: 1 fund opened new positions, 1 closed out, 10 added to existing stakes and 8 trimmed.
The largest buyer was DAFNA Capital Management, adding an estimated $580K. The largest seller was Armistice Capital, cutting an estimated $993K.
- 38 institutional investors held Spruce Biosciences (SPRB) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $72M of Spruce Biosciences stock for Q3 2023, up 4.7% quarter-over-quarter.
- 1 fund opened new Spruce Biosciences positions in Q3 2023 and 1 closed out, a net change of 0 holders.
- The largest Spruce Biosciences buyer in Q3 2023 was DAFNA Capital Management, an estimated $580K added.
- The largest Spruce Biosciences seller in Q3 2023 was Armistice Capital, an estimated $993K sold.
Based on aggregated 13F filings for Q3 2023.