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Scholar Rock

105 hedge funds and large institutions have $825M invested in Scholar Rock in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 34

27% more call options, than puts

Call options by funds: $14K | Put options by funds: $11K

1.64% more ownership

Funds ownership: 81.47%83.11% (+1.6%)

15% less funds holding

Funds holding: 124105 (-19)

41% less capital invested

Capital invested by funds: $1.41B → $825M (-$582M)

68% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 28

Holders
105
Holders Change
-19
Holders Change %
-15.32%
% of All Funds
1.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
47
Reduced
34
Closed
28
Calls
$14K
Puts
$11K
Net Calls
+$3K
Net Calls Change
-$1.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Squarepoint
51
Squarepoint
New York
$574K -$350K -11,453 -37%
Deutsche Bank
52
Deutsche Bank
Germany
$557K -$1.17M -38,124 -66%
Skandinaviska Enskilda Banken (SEB)
53
Skandinaviska Enskilda Banken (SEB)
Sweden
$503K
CIP
54
Chartwell Investment Partners
Pennsylvania
$493K +$4.71K +154 +0.9%
Allianz Asset Management
55
Allianz Asset Management
Germany
$488K -$116K -3,800 -18%
UBS AM
56
UBS AM
Illinois
$484K +$46.1K +1,506 +10%
DekaBank Deutsche Girozentrale
57
DekaBank Deutsche Girozentrale
Germany
$479K
Los Angeles Capital Management
58
Los Angeles Capital Management
California
$472K +$314K +10,265 +170%
Manulife (Manufacturers Life Insurance)
59
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$465K +$51.3K +1,676 +12%
Bank of America
60
Bank of America
North Carolina
$438K +$15.8K +516 +4%
PPA
61
Parametric Portfolio Associates
Washington
$420K -$723K -23,641 -62%
Ensign Peak Advisors
62
Ensign Peak Advisors
Utah
$409K
ProShare Advisors
63
ProShare Advisors
Maryland
$386K +$57.2K +1,870 +16%
CS
64
Credit Suisse
Switzerland
$383K -$41.2K -1,345 -9%
State Board of Administration of Florida Retirement System
65
State Board of Administration of Florida Retirement System
Florida
$341K +$66.1K +2,160 +22%
VOYA Investment Management
66
VOYA Investment Management
Georgia
$320K -$4.77K -156 -1%
Invesco
67
Invesco
Georgia
$315K -$3.87M -126,357 -92%
MIM
68
MetLife Investment Management
New Jersey
$311K
AQR Capital Management
69
AQR Capital Management
Connecticut
$307K -$13.9K -455 -4%
SSA
70
Schonfeld Strategic Advisors
New York
$306K +$324K +10,600 New
TRCT
71
Tower Research Capital (TRC)
New York
$304K +$244K +7,988 +315%
SO
72
STRS Ohio
Ohio
$303K +$30.6K +1,000 +11%
EAM
73
Erste Asset Management
Austria
$294K
EGM
74
Engineers Gate Manager
New York
$291K -$35.3K -1,153 -10%
Barclays
75
Barclays
United Kingdom
$247K -$453K -14,804 -63%

SRRK Hedge Fund Activity: Q2 2021 in Review

105 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q2 2021, worth a combined $825M — down 41% from $1.41B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of SRRK and 9 opened new positions — a net loss of 19 holders — while 34 trimmed existing stakes and 47 added.

The largest buyer was State Street, adding an estimated $15.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $39.6M sold.

  • 105 institutional investors held Scholar Rock (SRRK) as of Q2 2021, down from 124 in Q1 2021.
  • Funds reported $825M of Scholar Rock stock for Q2 2021, down 41% quarter-over-quarter.
  • 9 funds opened new Scholar Rock positions in Q2 2021 and 28 closed out, a net change of -19 holders.
  • The largest Scholar Rock buyer in Q2 2021 was State Street, an estimated $15.6M added.
  • The largest Scholar Rock seller in Q2 2021 was Lord, Abbett & Co, an estimated $39.6M sold.

Based on aggregated 13F filings for Q2 2021.