Neuronetics
STIM
65 hedge funds and large institutions have $122M invested in Neuronetics in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
10% more funds holding
Funds holding: 59 → 65 (+6)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.52% less ownership
Funds ownership: 81.83% → 79.3% (-2.5%)
34% less capital invested
Capital invested by funds: $185M → $122M (-$62.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$3.65M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.53M |
| 3 |
DM
Deerfield Management
New York
|
+$1.97M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.78M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.84M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.13M |
| 3 |
NLVP
New Leaf Venture Partners
New York
|
-$1.83M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.75M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.57M |
STIM Hedge Fund Activity: Q3 2019 in Review
65 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q3 2019, worth a combined $122M — down 34% from $185M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new STIM positions and 4 closed out — a net gain of 7 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $3.65M. The largest seller was Lord, Abbett & Co, cutting an estimated $6.84M.
- 65 institutional investors held Neuronetics (STIM) as of Q3 2019, up from 59 in Q2 2019.
- Funds reported $122M of Neuronetics stock for Q3 2019, down 34% quarter-over-quarter.
- 11 funds opened new Neuronetics positions in Q3 2019 and 4 closed out, a net change of +7 holders.
- The largest Neuronetics buyer in Q3 2019 was Silvercrest Asset Management, an estimated $3.65M added.
- The largest Neuronetics seller in Q3 2019 was Lord, Abbett & Co, an estimated $6.84M sold.
Based on aggregated 13F filings for Q3 2019.