Theratechnologies
THTX
THTX was delisted on the 25th of September, 2025.
10 hedge funds and large institutions have $5.9M invested in Theratechnologies in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 41 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
22.17% less ownership
Funds ownership: 25.96% → 3.79% (-22%)
79% less capital invested
Capital invested by funds: $28.2M → $5.9M (-$22.3M)
80% less funds holding
Funds holding: 49 → 10 (-39)
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JBF Capital
Aspen,
Colorado
|
+$2.71M |
| 2 |
TC
Trium Capital
London,
United Kingdom
|
+$1.02M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$703K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$437K |
| 5 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$56.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
-$11.3M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$5.72M |
| 3 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
-$4.91M |
| 4 |
Morgan Stanley
New York
|
-$2.03M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$517K |
THTX Hedge Fund Activity: Q3 2025 in Review
10 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Theratechnologies (THTX) for Q3 2025, worth a combined $5.9M — down 79% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of THTX and 3 opened new positions — a net loss of 38 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was JBF Capital, opening a new position worth an estimated $2.71M. The largest seller was Soleus Capital Management, exiting entirely with an estimated $11.3M sold.
- 10 institutional investors held Theratechnologies (THTX) as of Q3 2025, down from 49 in Q2 2025.
- Funds reported $5.9M of Theratechnologies stock for Q3 2025, down 79% quarter-over-quarter.
- 3 funds opened new Theratechnologies positions in Q3 2025 and 41 closed out, a net change of -38 holders.
- The largest Theratechnologies buyer in Q3 2025 was JBF Capital, an estimated $2.71M added.
- The largest Theratechnologies seller in Q3 2025 was Soleus Capital Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2025.