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Scholar Rock

64 hedge funds and large institutions have $237M invested in Scholar Rock in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

50% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 18

10% more funds holding

Funds holding: 5864 (+6)

2.11% more ownership

Funds ownership: 63.44%65.56% (+2.1%)

5% less capital invested

Capital invested by funds: $248M → $237M (-$11.5M)

Holders
64
Holders Change
+6
Holders Change %
+10.34%
% of All Funds
1.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
27
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$54.1M +$262K +19,463 +0.4%
RG
2
Redmile Group
California
$35M -$683K -50,800 -2%
BG
3
Bellevue Group
Switzerland
$32.9M +$1.08M +80,640 +3%
AG
4
Artal Group
Luxembourg
$30.8M
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$16.2M +$1.06M +78,612 +6%
BlackRock
6
BlackRock
New York
$15M -$519K -38,639 -3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$11.4M -$6.9K -513 -0.1%
Victory Capital Management
8
Victory Capital Management
Texas
$7.01M +$4.46M +331,485 +134%
Norges Bank
9
Norges Bank
Norway
$4.91M
State Street
10
State Street
Massachusetts
$4.37M +$87.5K +6,506 +2%
Point72 Asset Management
11
Point72 Asset Management
Connecticut
$4.16M +$3.59M +266,869 +349%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$3.06M +$215K +15,986 +7%
Northern Trust
13
Northern Trust
Illinois
$2.57M +$94.4K +7,020 +3%
Morgan Stanley
14
Morgan Stanley
New York
$2.53M +$754K +56,099 +37%
MCM
15
Moore Capital Management
New York
$1.21M -$471K -35,000 -26%
N
16
Nuveen
North Carolina
$1.2M +$761K +56,614 +132%
Acadian Asset Management
17
Acadian Asset Management
Massachusetts
$781K +$52.4K +3,895 +6%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$774K +$84.9K +6,318 +11%
JP Morgan Chase
19
JP Morgan Chase
New York
$764K -$888K -66,075 -51%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$628K +$470K +34,929 +210%
Squarepoint
21
Squarepoint
New York
$550K -$96K -7,144 -14%
Charles Schwab
22
Charles Schwab
California
$543K +$2.57K +191 +0.4%
Invesco
23
Invesco
Georgia
$451K +$501K +37,300 New
Swiss National Bank
24
Swiss National Bank
Switzerland
$447K
PAM
25
Panagora Asset Management
Massachusetts
$431K +$355K +26,431 +289%

SRRK Hedge Fund Activity: Q1 2020 in Review

64 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q1 2020, worth a combined $237M — down 4.6% from $248M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SRRK positions and 4 closed out — a net gain of 6 holders — while 27 added to existing stakes and 18 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $4.46M. The largest seller was Jefferies Group, exiting entirely with an estimated $1.65M sold.

  • 64 institutional investors held Scholar Rock (SRRK) as of Q1 2020, up from 58 in Q4 2019.
  • Funds reported $237M of Scholar Rock stock for Q1 2020, down 4.6% quarter-over-quarter.
  • 10 funds opened new Scholar Rock positions in Q1 2020 and 4 closed out, a net change of +6 holders.
  • The largest Scholar Rock buyer in Q1 2020 was Victory Capital Management, an estimated $4.46M added.
  • The largest Scholar Rock seller in Q1 2020 was Jefferies Group, an estimated $1.65M sold.

Based on aggregated 13F filings for Q1 2020.