Scholar Rock
SRRK
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.
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: 110 → 124 (+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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$35.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$32.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$28.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$21.6M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$39.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$16M |
| 3 |
DM
Deerfield Management
New York
|
-$14M |
| 4 |
Morgan Stanley
New York
|
-$9.01M |
| 5 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
-$8.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.68M | -34,606 | Closed |
|
|
CSS
127
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$237K | -4,890 | Closed |
|
128
Jane Street
New York
| – | -$213K | -4,380 | Closed |
|
129
Russell Investments Group
London,
United Kingdom
| – | -$111K | -2,300 | Closed |
|
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.