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Scholar Rock

124 hedge funds and large institutions have $1.41B invested in Scholar Rock in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

564% more call options, than puts

Call options by funds: $1.65M | Put options by funds: $248K

300% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 5

24% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 41

13% more funds holding

Funds holding: 110124 (+14)

8% more capital invested

Capital invested by funds: $1.3B → $1.41B (+$106M)

1.45% more ownership

Funds ownership: 80.01%81.47% (+1.5%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
124
Holders Change
+14
Holders Change %
+12.73%
% of All Funds
2.18%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
51
Reduced
41
Closed
5
Calls
$1.65M
Puts
$248K
Net Calls
+$1.4M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$5.29M -$199K -3,589 -3%
Franklin Resources
27
Franklin Resources
California
$5.07M
Morgan Stanley
28
Morgan Stanley
New York
$4.33M -$9.01M -162,904 -66%
Renaissance Technologies
29
Renaissance Technologies
New York
$3.43M -$49.8K -900 -1%
IC
30
Ikarian Capital
Texas
$3.4M -$2.77M -50,000 -43%
EI
31
EAM Investors
California
$3.24M -$247K -4,472 -7%
Charles Schwab
32
Charles Schwab
California
$3.16M +$67.7K +1,223 +2%
AA
33
ALPS Advisors
Colorado
$3.14M +$442K +7,988 +15%
Citigroup
34
Citigroup
New York
$3.13M +$3.07M +55,494 +891%
Deutsche Bank
35
Deutsche Bank
Germany
$2.91M -$6.45M -116,540 -67%
JP Morgan Chase
36
JP Morgan Chase
New York
$2.83M -$229K -4,133 -7%
First Manhattan
37
First Manhattan
New York
$2.78M
Swiss National Bank
38
Swiss National Bank
Switzerland
$2.73M +$360K +6,500 +14%
Citadel Advisors
39
Citadel Advisors
Florida
$2.48M -$4.9M -88,591 -64%
Rafferty Asset Management
40
Rafferty Asset Management
New York
$2.47M +$2.69M +48,694 New
TCM
41
Tekla Capital Management
Massachusetts
$2.42M -$3.77M -68,225 -59%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$2.33M -$266K -4,806 -9%
EGI
43
EAM Global Investors
California
$2.12M -$601K -10,862 -21%
Millennium Management
44
Millennium Management
New York
$2.07M -$5.96M -107,776 -72%
State of Wisconsin Investment Board
45
State of Wisconsin Investment Board
Wisconsin
$2.07M -$55.3K -1,000 -2%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$1.95M -$6.42K -116 -0.3%
PPA
47
Parametric Portfolio Associates
Washington
$1.93M +$107K +1,934 +5%
SCM
48
Silverarc Capital Management
Massachusetts
$1.83M +$621K +11,221 +45%
VIA
49
Vident Investment Advisory
Georgia
$1.73M
Squarepoint
50
Squarepoint
New York
$1.59M +$1.26M +22,788 +267%

SRRK Hedge Fund Activity: Q1 2021 in Review

124 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q1 2021, worth a combined $1.41B — up 8.1% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new SRRK positions and 5 closed out — a net gain of 15 holders — while 51 added to existing stakes and 41 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $35.1M. The largest seller was Redmile Group, cutting an estimated $39.8M.

  • 124 institutional investors held Scholar Rock (SRRK) as of Q1 2021, up from 110 in Q4 2020.
  • Funds reported $1.41B of Scholar Rock stock for Q1 2021, up 8.1% quarter-over-quarter.
  • 20 funds opened new Scholar Rock positions in Q1 2021 and 5 closed out, a net change of +15 holders.
  • The largest Scholar Rock buyer in Q1 2021 was Victory Capital Management, an estimated $35.1M added.
  • The largest Scholar Rock seller in Q1 2021 was Redmile Group, an estimated $39.8M sold.

Based on aggregated 13F filings for Q1 2021.