Neuronetics
STIM
66 hedge funds and large institutions have $222M invested in Neuronetics in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 8 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10.46% more ownership
Funds ownership: 71.21% → 81.67% (+10%)
6% more funds holding
Funds holding: 62 → 66 (+4)
7% less capital invested
Capital invested by funds: $238M → $222M (-$16.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GE
General Electric
Evendale,
Ohio
|
+$18.3M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$14.6M |
| 3 |
BlackRock
New York
|
+$5.1M |
| 4 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
+$2.15M |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.32M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
-$2.93M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.27M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.84M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$1.72M |
STIM Hedge Fund Activity: Q1 2019 in Review
66 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q1 2019, worth a combined $222M — down 6.9% from $238M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new STIM positions and 8 closed out — a net gain of 4 holders — while 27 added to existing stakes and 17 trimmed.
The largest buyer was General Electric, opening a new position worth an estimated $18.3M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $7.32M sold.
- 66 institutional investors held Neuronetics (STIM) as of Q1 2019, up from 62 in Q4 2018.
- Funds reported $222M of Neuronetics stock for Q1 2019, down 6.9% quarter-over-quarter.
- 12 funds opened new Neuronetics positions in Q1 2019 and 8 closed out, a net change of +4 holders.
- The largest Neuronetics buyer in Q1 2019 was General Electric, an estimated $18.3M added.
- The largest Neuronetics seller in Q1 2019 was Point72 Asset Management, an estimated $7.32M sold.
Based on aggregated 13F filings for Q1 2019.