Scholar Rock
SRRK
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.
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: 124 → 105 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$15.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.3M |
| 3 |
Morgan Stanley
New York
|
+$8.17M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.55M |
| 5 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.6M |
| 2 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$7.6M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$5.59M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$5.57M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Simplex Trading
Chicago,
Illinois
| – | -$36.7K | -1,200 | Closed |
|
127
Pacer Advisors
Malvern,
Pennsylvania
| – | -$58K | -1,138 | Closed |
|
128
Osaic Holdings
Scottsdale,
Arizona
| – | -$56K | -1,113 | Closed |
|
129
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$34K | -1,051 | Closed |
|
|
MAM
130
Meeder Asset Management
Dublin,
Ohio
| – | -$16K | -312 | Closed |
|
|
ADIM
131
Alpha DNA Investment Management
Columbia,
Maryland
| – | -$1K | -21 | Closed |
|
|
PA
132
Parallel Advisors
San Francisco,
California
| – | -$1K | -21 | Closed |
|
133
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$61 | -2 | -8% |
|
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.