Scholar Rock
SRRK
56 hedge funds and large institutions have $162M invested in Scholar Rock in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 9 reducing their positions, and 15 closing their positions.
244% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 9
0.13% more ownership
Funds ownership: 60.81% → 60.94% (+0.13%)
11% less funds holding
Funds holding: 63 → 56 (-7)
43% less capital invested
Capital invested by funds: $282M → $162M (-$120M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
+$2.93M |
| 2 |
JG
Jefferies Group
New York
|
+$1.42M |
| 3 |
MCM
Moore Capital Management
New York
|
+$1.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.03M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$911K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$2.65M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$2.57M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.92M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.27M |
| 5 |
RG
Redmile Group
San Francisco,
California
|
-$753K |
SRRK Hedge Fund Activity: Q3 2019 in Review
56 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q3 2019, worth a combined $162M — down 43% from $282M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SRRK and 8 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 31 added.
The largest buyer was Bellevue Group, adding an estimated $2.93M. The largest seller was CVI Holdings, exiting entirely with an estimated $2.65M sold.
- 56 institutional investors held Scholar Rock (SRRK) as of Q3 2019, down from 63 in Q2 2019.
- Funds reported $162M of Scholar Rock stock for Q3 2019, down 43% quarter-over-quarter.
- 8 funds opened new Scholar Rock positions in Q3 2019 and 15 closed out, a net change of -7 holders.
- The largest Scholar Rock buyer in Q3 2019 was Bellevue Group, an estimated $2.93M added.
- The largest Scholar Rock seller in Q3 2019 was CVI Holdings, an estimated $2.65M sold.
Based on aggregated 13F filings for Q3 2019.