Scholar Rock
SRRK
69 hedge funds and large institutions have $368M invested in Scholar Rock in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 13 reducing their positions, and 7 closing their positions.
177% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 13
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
55% more capital invested
Capital invested by funds: $237M → $368M (+$131M)
8% more funds holding
Funds holding: 64 → 69 (+5)
2.07% more ownership
Funds ownership: 65.56% → 67.63% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.76M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.36M |
| 3 |
Millennium Management
New York
|
+$1.8M |
| 4 |
Morgan Stanley
New York
|
+$1.76M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$8.35M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.16M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$841K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$451K |
| 5 |
AG
Artal Group
Luxembourg
|
-$375K |
SRRK Hedge Fund Activity: Q2 2020 in Review
69 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q2 2020, worth a combined $368M — up 55% from $237M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SRRK positions and 7 closed out — a net gain of 5 holders — while 36 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $8.76M. The largest seller was Victory Capital Management, cutting an estimated $8.35M.
- 69 institutional investors held Scholar Rock (SRRK) as of Q2 2020, up from 64 in Q1 2020.
- Funds reported $368M of Scholar Rock stock for Q2 2020, up 55% quarter-over-quarter.
- 12 funds opened new Scholar Rock positions in Q2 2020 and 7 closed out, a net change of +5 holders.
- The largest Scholar Rock buyer in Q2 2020 was BlackRock, an estimated $8.76M added.
- The largest Scholar Rock seller in Q2 2020 was Victory Capital Management, an estimated $8.35M sold.
Based on aggregated 13F filings for Q2 2020.