Neuronetics
STIM
59 hedge funds and large institutions have $185M invested in Neuronetics in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 12 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
0.15% more ownership
Funds ownership: 81.67% → 81.83% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less funds holding
Funds holding: 66 → 59 (-7)
17% less capital invested
Capital invested by funds: $222M → $185M (-$37.1M)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.74M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.53M |
| 3 |
Morgan Stanley
New York
|
+$1.54M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.37M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pier Capital
Stamford,
Connecticut
|
-$4.73M |
| 2 |
AIC
AWM Investment Company
New York
|
-$2.18M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.08M |
| 4 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.91M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$976K |
STIM Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q2 2019, worth a combined $185M — down 17% from $222M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of STIM and 7 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 24 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $3.74M. The largest seller was Pier Capital, exiting entirely with an estimated $4.73M sold.
- 59 institutional investors held Neuronetics (STIM) as of Q2 2019, down from 66 in Q1 2019.
- Funds reported $185M of Neuronetics stock for Q2 2019, down 17% quarter-over-quarter.
- 7 funds opened new Neuronetics positions in Q2 2019 and 12 closed out, a net change of -5 holders.
- The largest Neuronetics buyer in Q2 2019 was Lord, Abbett & Co, an estimated $3.74M added.
- The largest Neuronetics seller in Q2 2019 was Pier Capital, an estimated $4.73M sold.
Based on aggregated 13F filings for Q2 2019.