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Scholar Rock

124 hedge funds and large institutions have $1.41B invested in Scholar Rock in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

564% more call options, than puts

Call options by funds: $1.65M | Put options by funds: $248K

300% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 5

24% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 41

13% more funds holding

Funds holding: 110124 (+14)

8% more capital invested

Capital invested by funds: $1.3B → $1.41B (+$106M)

1.45% more ownership

Funds ownership: 80.01%81.47% (+1.5%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
124
Holders Change
+14
Holders Change %
+12.73%
% of All Funds
2.18%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
51
Reduced
41
Closed
5
Calls
$1.65M
Puts
$248K
Net Calls
+$1.4M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$260M +$5.18M +93,582 +2%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$222M +$21.6M +390,355 +10%
RG
3
Redmile Group
California
$110M -$39.8M -719,961 -25%
BlackRock
4
BlackRock
New York
$110M +$2.75M +49,624 +2%
BG
5
Bellevue Group
Switzerland
$108M -$8.6M -155,526 -7%
AG
6
Artal Group
Luxembourg
$101M -$5.53M -100,000 -5%
Vanguard Group
7
Vanguard Group
Pennsylvania
$62.9M +$2.42M +43,768 +4%
State Street
8
State Street
Massachusetts
$62.3M +$28.7M +519,529 +73%
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$39.6M +$32.2M +582,126 +293%
Victory Capital Management
10
Victory Capital Management
Texas
$34.5M +$35.1M +635,307 +1,381%
Capital World Investors
11
Capital World Investors
California
$24.1M +$11.1M +200,000 +73%
MWNA
12
Marshall Wace North America
New York
$21.7M +$2.02M +36,497 +9%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$20.3M +$1.94M +35,096 +10%
Norges Bank
14
Norges Bank
Norway
$17.3M -$16M -288,818 -46%
Federated Hermes
15
Federated Hermes
Pennsylvania
$17.1M +$6.18M +111,734 +50%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$16.3M +$3.68M +66,497 +26%
Northern Trust
17
Northern Trust
Illinois
$14.6M -$1.24M -22,388 -7%
Goldman Sachs
18
Goldman Sachs
New York
$12.9M +$10.4M +187,477 +277%
RI
19
RTW Investments
New York
$8.19M -$253K -4,571 -3%
FM
20
Frazier Management
Washington
$7.9M +$138K +2,500 +2%
PCH
21
Polar Capital Holdings
United Kingdom
$7.6M -$5.53M -100,000 -40%
WP
22
Woodline Partners
California
$6.99M +$80.7K +1,459 +1%
Invesco
23
Invesco
Georgia
$6.95M +$7.32M +132,306 +2,678%
Canada Pension Plan Investment Board
24
Canada Pension Plan Investment Board
Ontario, Canada
$5.57M +$6.09M +110,000 New
TD Asset Management
25
TD Asset Management
Ontario, Canada
$5.39M +$820K +14,820 +16%

SRRK Hedge Fund Activity: Q1 2021 in Review

124 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q1 2021, worth a combined $1.41B — up 8.1% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new SRRK positions and 5 closed out — a net gain of 15 holders — while 51 added to existing stakes and 41 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $35.1M. The largest seller was Redmile Group, cutting an estimated $39.8M.

  • 124 institutional investors held Scholar Rock (SRRK) as of Q1 2021, up from 110 in Q4 2020.
  • Funds reported $1.41B of Scholar Rock stock for Q1 2021, up 8.1% quarter-over-quarter.
  • 20 funds opened new Scholar Rock positions in Q1 2021 and 5 closed out, a net change of +15 holders.
  • The largest Scholar Rock buyer in Q1 2021 was Victory Capital Management, an estimated $35.1M added.
  • The largest Scholar Rock seller in Q1 2021 was Redmile Group, an estimated $39.8M sold.

Based on aggregated 13F filings for Q1 2021.