Scholar Rock
SRRK
37 hedge funds and large institutions have $334M invested in Scholar Rock in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 13 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
75% more capital invested
Capital invested by funds: $191M → $334M (+$143M)
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
32% more funds holding
Funds holding: 28 → 37 (+9)
0.93% more ownership
Funds ownership: 50.99% → 51.92% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.77M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.49M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.52M |
| 4 |
BB
BB Biotech
Schaffhausen,
Switzerland
|
+$3.49M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EcoR1 Capital
San Francisco,
California
|
-$5.58M |
| 2 |
Millennium Management
New York
|
-$1.35M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.22M |
| 4 |
Goldman Sachs
New York
|
-$1.04M |
| 5 |
DIM
DC Investments Management
Mclean,
Virginia
|
-$604K |
SRRK Hedge Fund Activity: Q3 2018 in Review
37 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q3 2018, worth a combined $334M — up 75% from $191M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SRRK positions and 13 closed out — a net gain of 9 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $6.77M. The largest seller was EcoR1 Capital, cutting an estimated $5.58M.
- 37 institutional investors held Scholar Rock (SRRK) as of Q3 2018, up from 28 in Q2 2018.
- Funds reported $334M of Scholar Rock stock for Q3 2018, up 75% quarter-over-quarter.
- 22 funds opened new Scholar Rock positions in Q3 2018 and 13 closed out, a net change of +9 holders.
- The largest Scholar Rock buyer in Q3 2018 was BlackRock, an estimated $6.77M added.
- The largest Scholar Rock seller in Q3 2018 was EcoR1 Capital, an estimated $5.58M sold.
Based on aggregated 13F filings for Q3 2018.