Talphera
TLPH
83 hedge funds and large institutions have $113M invested in Talphera in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 28 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 94 → 83 (-11)
39% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 28
48% less capital invested
Capital invested by funds: $220M → $113M (-$106M)
62% less call options, than puts
Call options by funds: $334K | Put options by funds: $869K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAI
Palo Alto Investors
Palo Alto,
California
|
+$12.8M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$5.25M |
| 3 |
SAM
Senzar Asset Management
New York
|
+$2.82M |
| 4 |
JP Morgan Chase
New York
|
+$2.72M |
| 5 |
CAM
Cormorant Asset Management
Boston,
Massachusetts
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$9.89M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$9.11M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.25M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.11M |
| 5 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$4.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
101
Guggenheim Capital
Chicago,
Illinois
| – | -$133K | -650 | Closed |
|
|
DTL
102
Dynamic Technology Lab
Singapore
| – | -$113K | -553 | Closed |
|
|
SI
103
Stephens Inc
Little Rock,
Arkansas
| – | -$106K | -515 | Closed |
|
104
Nomura Holdings
Tokyo,
Japan
| – | -$105K | -510 | Closed |
|
105
Goldman Sachs
New York
| – | -$103K | -501 | Closed |
|
|
PCM
106
Prelude Capital Management
New York
| – | -$84K | -411 | Closed |
|
|
BRWA
107
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$32.8K | -160 | Closed |
|
|
VFA
108
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$22K | -106 | Closed |
|
|
EA
109
Emerald Advisers
Leola,
Pennsylvania
| – | -$10K | -47 | Closed |
|
110
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -30 | Closed |
|
|
MAA
111
Managed Account Advisors
Jersey City,
New Jersey
| – | -$5K | -27 | Closed |
|
TLPH Hedge Fund Activity: Q3 2014 in Review
83 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Talphera (TLPH) for Q3 2014, worth a combined $113M — down 48% from $220M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TLPH and 17 opened new positions — a net loss of 11 holders — while 18 trimmed existing stakes and 29 added.
The largest buyer was Palo Alto Investors, opening a new position worth an estimated $12.8M. The largest seller was Franklin Resources, exiting entirely with an estimated $9.89M sold.
- 83 institutional investors held Talphera (TLPH) as of Q3 2014, down from 94 in Q2 2014.
- Funds reported $113M of Talphera stock for Q3 2014, down 48% quarter-over-quarter.
- 17 funds opened new Talphera positions in Q3 2014 and 28 closed out, a net change of -11 holders.
- The largest Talphera buyer in Q3 2014 was Palo Alto Investors, an estimated $12.8M added.
- The largest Talphera seller in Q3 2014 was Franklin Resources, an estimated $9.89M sold.
Based on aggregated 13F filings for Q3 2014.