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Scholar Rock

83 hedge funds and large institutions have $243M invested in Scholar Rock in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more call options, than puts

Call options by funds: $653K | Put options by funds: $312K

14% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 22

0.71% less ownership

Funds ownership: 88.41%87.71% (-0.71%)

12% less funds holding

Funds holding: 9483 (-11)

29% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 34

40% less capital invested

Capital invested by funds: $402M → $243M (-$160M)

Holders
83
Holders Change
-11
Holders Change %
-11.7%
% of All Funds
1.4%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
24
Increased
25
Reduced
22
Closed
34
Calls
$653K
Puts
$312K
Net Calls
+$341K
Net Calls Change
-$1.03M
Name Holding Trade Value Shares
Change
Change in
Stake
AG
1
Artal Group
Luxembourg
$48M +$45.3M +6,300,034 +257%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$46.3M +$19.4M +2,704,442 +47%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$40.2M +$14.5M +2,019,396 +38%
SB
4
Samsara BioCapital
California
$25.2M +$30.6M +4,259,217 +1,254%
RG
5
Redmile Group
California
$18.7M +$7.16M +996,600 +41%
BG
6
Bellevue Group
Switzerland
$11.8M -$233K -32,400 -1%
Vanguard Group
7
Vanguard Group
Pennsylvania
$6.99M -$1.56M -217,733 -15%
BlackRock
8
BlackRock
New York
$5.98M -$8.51M -1,184,751 -52%
Millennium Management
9
Millennium Management
New York
$5.16M +$4.06M +565,294 +151%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$3.6M +$4.7M +655,034 New
LCM
11
Laurion Capital Management
New York
$3.09M +$4.04M +562,182 New
Capital World Investors
12
Capital World Investors
California
$2.61M
Morgan Stanley
13
Morgan Stanley
New York
$2.02M -$49.2K -6,856 -2%
Marshall Wace
14
Marshall Wace
United Kingdom
$1.69M +$1.75M +243,238 +376%
State Street
15
State Street
Massachusetts
$1.56M -$8.75M -1,218,671 -81%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$1.47M -$1.52M -212,268 -44%
CSS
17
Cubist Systematic Strategies
Connecticut
$1.33M +$1.54M +214,593 +782%
Citadel Advisors
18
Citadel Advisors
Florida
$1.21M -$27.6K -3,846 -2%
GCM
19
Graham Capital Management
Connecticut
$952K +$1.07M +148,601 +596%
State of Wisconsin Investment Board
20
State of Wisconsin Investment Board
Wisconsin
$939K +$680K +94,653 +124%
Goldman Sachs
21
Goldman Sachs
New York
$909K +$111K +15,389 +10%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$901K -$106K -14,798 -8%
TD Asset Management
23
TD Asset Management
Ontario, Canada
$779K -$19.8K -2,758 -2%
E
24
Ergoteles
New York
$759K +$993K +138,300 New
Wellington Management Group
25
Wellington Management Group
Massachusetts
$716K

SRRK Hedge Fund Activity: Q2 2022 in Review

83 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q2 2022, worth a combined $243M — down 40% from $402M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of SRRK and 24 opened new positions — a net loss of 10 holders — while 22 trimmed existing stakes and 25 added.

The largest buyer was Artal Group, adding an estimated $45.3M. The largest seller was Victory Capital Management, exiting entirely with an estimated $18.8M sold.

  • 83 institutional investors held Scholar Rock (SRRK) as of Q2 2022, down from 94 in Q1 2022.
  • Funds reported $243M of Scholar Rock stock for Q2 2022, down 40% quarter-over-quarter.
  • 24 funds opened new Scholar Rock positions in Q2 2022 and 34 closed out, a net change of -10 holders.
  • The largest Scholar Rock buyer in Q2 2022 was Artal Group, an estimated $45.3M added.
  • The largest Scholar Rock seller in Q2 2022 was Victory Capital Management, an estimated $18.8M sold.

Based on aggregated 13F filings for Q2 2022.