Neuronetics
STIM
68 hedge funds and large institutions have $59.3M invested in Neuronetics in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 10 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
5% more funds holding
Funds holding: 65 → 68 (+3)
8.35% less ownership
Funds ownership: 79.3% → 70.95% (-8.4%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
51% less capital invested
Capital invested by funds: $122M → $59.3M (-$62.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$4.57M |
| 2 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
+$1.8M |
| 3 |
Morgan Stanley
New York
|
+$1.45M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$989K |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$957K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GE
General Electric
Evendale,
Ohio
|
-$5.4M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$5.23M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.17M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.87M |
| 5 |
NLVP
New Leaf Venture Partners
New York
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
76
Kornitzer Capital Management
Shawnee Mission,
Kansas
| – | -$141K | -17,000 | Closed |
|
|
PCM
77
Prelude Capital Management
New York
| – | -$81K | -9,700 | Closed |
|
78
Daiwa Securities Group
Tokyo,
Japan
| – | -$1K | -112 | Closed |
|
STIM Hedge Fund Activity: Q4 2019 in Review
68 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q4 2019, worth a combined $59.3M — down 51% from $122M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new STIM positions and 10 closed out — a net gain of 3 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Deerfield Management, adding an estimated $4.57M. The largest seller was General Electric, cutting an estimated $5.4M.
- 68 institutional investors held Neuronetics (STIM) as of Q4 2019, up from 65 in Q3 2019.
- Funds reported $59.3M of Neuronetics stock for Q4 2019, down 51% quarter-over-quarter.
- 13 funds opened new Neuronetics positions in Q4 2019 and 10 closed out, a net change of +3 holders.
- The largest Neuronetics buyer in Q4 2019 was Deerfield Management, an estimated $4.57M added.
- The largest Neuronetics seller in Q4 2019 was General Electric, an estimated $5.4M sold.
Based on aggregated 13F filings for Q4 2019.