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Scholar Rock

110 hedge funds and large institutions have $1.3B invested in Scholar Rock in 2020 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 37 increasing their positions, 19 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 7

246% more capital invested

Capital invested by funds: $376M → $1.3B (+$926M)

95% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 19

62% more funds holding

Funds holding: 68110 (+42)

8.94% more ownership

Funds ownership: 71.08%80.01% (+8.9%)

71% less call options, than puts

Call options by funds: $4K | Put options by funds: $14K

Holders
110
Holders Change
+42
Holders Change %
+61.76%
% of All Funds
1.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
49
Increased
37
Reduced
19
Closed
7
Calls
$4K
Puts
$14K
Net Calls
-$10K
Net Calls Change
-$10K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$245M +$20.5M +564,621 +13%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$194M +$59.5M +1,637,618 +69%
RG
3
Redmile Group
California
$141M -$156K -4,300 -0.1%
BG
4
Bellevue Group
Switzerland
$111M -$20.2M -555,864 -20%
BlackRock
5
BlackRock
New York
$103M +$14.3M +394,993 +23%
AG
6
Artal Group
Luxembourg
$102M -$14.3M -395,140 -16%
Vanguard Group
7
Vanguard Group
Pennsylvania
$58.1M +$6.39M +175,963 +17%
State Street
8
State Street
Massachusetts
$34.4M +$11M +301,848 +74%
Norges Bank
9
Norges Bank
Norway
$30.6M +$8.17M +225,000 +56%
MWNA
10
Marshall Wace North America
New York
$19.1M +$14.3M +392,604 New
Geode Capital Management
11
Geode Capital Management
Massachusetts
$17.7M +$2.47M +67,887 +23%
Northern Trust
12
Northern Trust
Illinois
$15.1M +$940K +25,899 +9%
DM
13
Deerfield Management
New York
$14M +$10.5M +288,876 New
Capital World Investors
14
Capital World Investors
California
$13.3M +$9.99M +275,000 New
Wellington Management Group
15
Wellington Management Group
Massachusetts
$12.3M -$1.68M -46,247 -15%
PCH
16
Polar Capital Holdings
United Kingdom
$12.1M +$9.08M +250,000 New
Morgan Stanley
17
Morgan Stanley
New York
$12.1M +$4.55M +125,301 +102%
Federated Hermes
18
Federated Hermes
Pennsylvania
$10.9M +$2.72M +74,799 +50%
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$9.66M +$7.23M +198,985 New
Deutsche Bank
20
Deutsche Bank
Germany
$8.44M +$5.86M +161,283 +1,274%
RI
21
RTW Investments
New York
$8.06M +$6.03M +166,183 New
FM
22
Frazier Management
Washington
$7.45M +$5.57M +153,500 New
Millennium Management
23
Millennium Management
New York
$7.21M +$5.4M +148,659 New
Citadel Advisors
24
Citadel Advisors
Florida
$6.67M +$1.96M +53,859 +64%
WP
25
Woodline Partners
California
$6.62M +$4.95M +136,458 New

SRRK Hedge Fund Activity: Q4 2020 in Review

110 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q4 2020, worth a combined $1.3B — up 246% from $376M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new SRRK positions and 7 closed out — a net gain of 42 holders — while 37 added to existing stakes and 19 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $59.5M. The largest seller was Bellevue Group, cutting an estimated $20.2M.

  • 110 institutional investors held Scholar Rock (SRRK) as of Q4 2020, up from 68 in Q3 2020.
  • Funds reported $1.3B of Scholar Rock stock for Q4 2020, up 246% quarter-over-quarter.
  • 49 funds opened new Scholar Rock positions in Q4 2020 and 7 closed out, a net change of +42 holders.
  • The largest Scholar Rock buyer in Q4 2020 was T. Rowe Price Associates, an estimated $59.5M added.
  • The largest Scholar Rock seller in Q4 2020 was Bellevue Group, an estimated $20.2M sold.

Based on aggregated 13F filings for Q4 2020.