Scholar Rock
SRRK
63 hedge funds and large institutions have $282M invested in Scholar Rock in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 25 increasing their positions, 7 reducing their positions, and 3 closing their positions.
767% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 3
257% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 7
47% more funds holding
Funds holding: 43 → 63 (+20)
7.08% more ownership
Funds ownership: 53.73% → 60.81% (+7.1%)
6% more capital invested
Capital invested by funds: $265M → $282M (+$17.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
+$36.2M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
+$16.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.84M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.36M |
| 5 |
JG
Jefferies Group
New York
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EcoR1 Capital
San Francisco,
California
|
-$6.36M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.76M |
| 3 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
-$535K |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$490K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$126K |
SRRK Hedge Fund Activity: Q2 2019 in Review
63 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q2 2019, worth a combined $282M — up 6.4% from $265M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SRRK positions and 3 closed out — a net gain of 23 holders — while 25 added to existing stakes and 7 trimmed.
The largest buyer was Bellevue Group, opening a new position worth an estimated $36.2M. The largest seller was EcoR1 Capital, exiting entirely with an estimated $6.36M sold.
- 63 institutional investors held Scholar Rock (SRRK) as of Q2 2019, up from 43 in Q1 2019.
- Funds reported $282M of Scholar Rock stock for Q2 2019, up 6.4% quarter-over-quarter.
- 26 funds opened new Scholar Rock positions in Q2 2019 and 3 closed out, a net change of +23 holders.
- The largest Scholar Rock buyer in Q2 2019 was Bellevue Group, an estimated $36.2M added.
- The largest Scholar Rock seller in Q2 2019 was EcoR1 Capital, an estimated $6.36M sold.
Based on aggregated 13F filings for Q2 2019.