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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
TWA
101
TCI Wealth Advisors
Arizona
$2K +$1.71K +56 +187%
LC
102
Lindbrook Capital
California
$1K -$19.9K -650 -95%
AIG
103
American International Group
New York
$448 +$18.1K +593 +4%
Nisa Investment Advisors
104
Nisa Investment Advisors
Missouri
$9 -$817K -26,700 -99%
Lord, Abbett & Co
105
Lord, Abbett & Co
New Jersey
-$39.6M -781,111 Closed
PCH
106
Polar Capital Holdings
United Kingdom
-$7.6M -150,000 Closed
Canada Pension Plan Investment Board
107
Canada Pension Plan Investment Board
Ontario, Canada
-$5.57M -110,000 Closed
IC
108
Ikarian Capital
Texas
-$3.4M -67,059 Closed
EI
109
EAM Investors
California
-$3.24M -63,952 Closed
First Manhattan
110
First Manhattan
New York
-$2.78M -54,867 Closed
California Public Employees Retirement System
111
California Public Employees Retirement System
California
-$2.33M -46,100 Closed
EGI
112
EAM Global Investors
California
-$2.12M -41,865 Closed
SCM
113
Silverarc Capital Management
Massachusetts
-$1.83M -36,221 Closed
VIA
114
Vident Investment Advisory
Georgia
-$1.73M -34,170 Closed
SCM
115
Soleus Capital Management
Connecticut
-$1.32M -26,101 Closed
Verition Fund Management
116
Verition Fund Management
Connecticut
-$1.15M -22,714 Closed
MS
117
Maven Securities
Jersey
-$768K -14,981 Closed
SEI Investments
118
SEI Investments
Pennsylvania
-$662K -13,635 Closed
TI
119
Trexquant Investment
Connecticut
-$392K -7,731 Closed
BFM
120
Boothbay Fund Management
New York
-$353K -6,971 Closed
SEC
121
Seven Eight Capital
New York
-$337K -6,949 Closed
ASRS
122
Arizona State Retirement System
Arizona
-$347K -6,855 Closed
TC
123
TwinBeech Capital
New York
-$270K -5,330 Closed
Marshall Wace
124
Marshall Wace
United Kingdom
-$268K -5,295 Closed
DTL
125
Dynamic Technology Lab
Singapore
-$244K -4,813 Closed

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.