Scholar Rock
SRRK
86 hedge funds and large institutions have $374M invested in Scholar Rock in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 10 closing their positions.
671% more call options, than puts
Call options by funds: $185K | Put options by funds: $24K
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
6% more funds holding
Funds holding: 81 → 86 (+5)
1.99% more ownership
Funds ownership: 87.91% → 89.9% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less capital invested
Capital invested by funds: $411M → $374M (-$36.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
+$10.4M |
| 2 |
Goldman Sachs
New York
|
+$7.83M |
| 3 |
Millennium Management
New York
|
+$4.12M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.15M |
| 5 |
Jane Street
New York
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.1M |
| 2 |
O
OrbiMed
New York
|
-$3.69M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.81M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.38M |
| 5 |
BlackRock
New York
|
-$574K |
SRRK Hedge Fund Activity: Q1 2023 in Review
86 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Scholar Rock (SRRK) for Q1 2023, worth a combined $374M — down 9% from $411M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SRRK positions and 10 closed out — a net gain of 6 holders — while 33 added to existing stakes and 30 trimmed.
The largest buyer was Redmile Group, adding an estimated $10.4M. The largest seller was Bank of America, cutting an estimated $10.1M.
- 86 institutional investors held Scholar Rock (SRRK) as of Q1 2023, up from 81 in Q4 2022.
- Funds reported $374M of Scholar Rock stock for Q1 2023, down 9% quarter-over-quarter.
- 16 funds opened new Scholar Rock positions in Q1 2023 and 10 closed out, a net change of +6 holders.
- The largest Scholar Rock buyer in Q1 2023 was Redmile Group, an estimated $10.4M added.
- The largest Scholar Rock seller in Q1 2023 was Bank of America, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2023.