Scholar Rock
SRRK
90 hedge funds and large institutions have $738M invested in Scholar Rock in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 19 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
0.84% more ownership
Funds ownership: 83.87% → 84.71% (+0.84%)
11% less funds holding
Funds holding: 101 → 90 (-11)
22% less capital invested
Capital invested by funds: $953M → $738M (-$214M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Artal Group
Luxembourg
|
+$13.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$7.23M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$6.44M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.98M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$8.46M |
| 2 |
RI
RTW Investments
New York
|
-$5.34M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$4.5M |
| 4 |
RG
Redmile Group
San Francisco,
California
|
-$2.82M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
101
Schonfeld Strategic Advisors
New York
| – | -$255K | -7,700 | Closed |
|
|
WF
102
Welch & Forbes
Boston,
Massachusetts
| – | -$248K | -7,500 | Closed |
|
103
Principal Financial Group
Des Moines,
Iowa
| – | -$221K | -6,683 | Closed |
|
|
GC
104
Guggenheim Capital
Chicago,
Illinois
| – | -$205K | -6,199 | Closed |
|
|
ASRS
105
Arizona State Retirement System
Phoenix,
Arizona
| – | -$201K | -6,093 | Closed |
|
|
RE
106
RBC Europe
London,
United Kingdom
| – | -$38.6K | -1,170 | Closed |
|
|
PCM
107
Penserra Capital Management
Orinda,
California
| – | -$26K | -790 | Closed |
|
|
TWA
108
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -86 | Closed |
|
|
PA
109
Parallel Advisors
San Francisco,
California
| – | -$1K | -19 | Closed |
|
SRRK Hedge Fund Activity: Q4 2021 in Review
90 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q4 2021, worth a combined $738M — down 22% from $953M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SRRK and 9 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 36 added.
The largest buyer was Artal Group, adding an estimated $13.8M. The largest seller was Federated Hermes, cutting an estimated $8.46M.
- 90 institutional investors held Scholar Rock (SRRK) as of Q4 2021, down from 101 in Q3 2021.
- Funds reported $738M of Scholar Rock stock for Q4 2021, down 22% quarter-over-quarter.
- 9 funds opened new Scholar Rock positions in Q4 2021 and 19 closed out, a net change of -10 holders.
- The largest Scholar Rock buyer in Q4 2021 was Artal Group, an estimated $13.8M added.
- The largest Scholar Rock seller in Q4 2021 was Federated Hermes, an estimated $8.46M sold.
Based on aggregated 13F filings for Q4 2021.