Talphera
TLPH
94 hedge funds and large institutions have $220M invested in Talphera in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 16 closing their positions.
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
2% more funds holding
Funds holding: 92 → 94 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
24% less capital invested
Capital invested by funds: $289M → $220M (-$69.3M)
71% less call options, than puts
Call options by funds: $2.01M | Put options by funds: $6.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
+$4.01M |
| 2 |
SAM
Senzar Asset Management
New York
|
+$1.96M |
| 3 |
MWVC
Morgens Waterfall Vintiadis & Co
New York
|
+$1.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$952K |
| 5 |
Millennium Management
New York
|
+$946K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.17M |
| 2 |
FCMI
Foresite Capital Management I
Larkspur,
California
|
-$5.33M |
| 3 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$4M |
| 4 |
ICAP
Independence Capital Asset Partners
Denver,
Colorado
|
-$3.23M |
| 5 |
EGM
Espalier Global Management
New York
|
-$3.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Investments
New York
| – | -$600K | -2,499 | Closed |
|
|
EMG
102
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$507K | -2,110 | Closed |
|
|
SIM
103
SSI Investment Management
Los Angeles,
California
| – | -$490K | -2,043 | Closed |
|
104
Capital Fund Management (CFM)
Paris,
France
| – | -$335K | -1,396 | Closed |
|
105
Jane Street
New York
| – | -$285K | -1,188 | Closed |
|
|
PP
106
PDT Partners
New York
| – | -$165K | -687 | Closed |
|
107
Two Sigma Advisers
New York
| – | -$140K | -580 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$88K | -366 | Closed |
|
|
QT
109
Quantbot Technologies
New York
| – | -$41K | -174 | Closed |
|
|
BC
110
Bartlett & Co
Cincinnati,
Ohio
| – | -$18K | -75 | Closed |
|
TLPH Hedge Fund Activity: Q2 2014 in Review
94 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Talphera (TLPH) for Q2 2014, worth a combined $220M — down 24% from $289M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TLPH positions and 16 closed out — a net gain of 3 holders — while 26 added to existing stakes and 34 trimmed.
The largest buyer was Zurich Cantonal Bank, opening a new position worth an estimated $4.01M. The largest seller was Driehaus Capital Management, cutting an estimated $7.17M.
- 94 institutional investors held Talphera (TLPH) as of Q2 2014, up from 92 in Q1 2014.
- Funds reported $220M of Talphera stock for Q2 2014, down 24% quarter-over-quarter.
- 19 funds opened new Talphera positions in Q2 2014 and 16 closed out, a net change of +3 holders.
- The largest Talphera buyer in Q2 2014 was Zurich Cantonal Bank, an estimated $4.01M added.
- The largest Talphera seller in Q2 2014 was Driehaus Capital Management, an estimated $7.17M sold.
Based on aggregated 13F filings for Q2 2014.