Scholar Rock
SRRK
101 hedge funds and large institutions have $953M invested in Scholar Rock in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 15 closing their positions.
27% more call options, than puts
Call options by funds: $14K | Put options by funds: $11K
15% more capital invested
Capital invested by funds: $826M → $953M (+$127M)
0.74% more ownership
Funds ownership: 83.13% → 83.87% (+0.74%)
4% less funds holding
Funds holding: 105 → 101 (-4)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.8M |
| 3 |
RG
Redmile Group
San Francisco,
California
|
+$8.51M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$7.16M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$19M |
| 2 |
Goldman Sachs
New York
|
-$7.94M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$7.13M |
| 4 |
Millennium Management
New York
|
-$3.38M |
| 5 |
Citigroup
New York
|
-$2.84M |
SRRK Hedge Fund Activity: Q3 2021 in Review
101 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q3 2021, worth a combined $953M — up 15% from $826M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SRRK and 11 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Wellington Management Group, adding an estimated $24.8M. The largest seller was State Street, cutting an estimated $19M.
- 101 institutional investors held Scholar Rock (SRRK) as of Q3 2021, down from 105 in Q2 2021.
- Funds reported $953M of Scholar Rock stock for Q3 2021, up 15% quarter-over-quarter.
- 11 funds opened new Scholar Rock positions in Q3 2021 and 15 closed out, a net change of -4 holders.
- The largest Scholar Rock buyer in Q3 2021 was Wellington Management Group, an estimated $24.8M added.
- The largest Scholar Rock seller in Q3 2021 was State Street, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2021.