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Trevi Therapeutics

20 hedge funds and large institutions have $63.5M invested in Trevi Therapeutics in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

11% more funds holding

Funds holding: 1820 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.32% less ownership

Funds ownership: 79.44%79.12% (-0.32%)

40% less capital invested

Capital invested by funds: $106M → $63.5M (-$42.8M)

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

Holders
20
Holders Change
+2
Holders Change %
+11.11%
% of All Funds
0.44%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
3
Reduced
6
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TGHSA
1
TPG Group Holdings (SBS) Advisors
Texas
$28.5M
NMC
2
NEA Management Company
Maryland
$20M +$62.8K +11,556 +0.3%
OFM
3
Omega Fund Management
Massachusetts
$5.68M
Fidelity Investments
4
Fidelity Investments
Massachusetts
$3.57M
Franklin Resources
5
Franklin Resources
California
$3.15M
SSA
6
Schonfeld Strategic Advisors
New York
$760K -$357K -65,632 -28%
Vanguard Group
7
Vanguard Group
Pennsylvania
$677K +$176K +32,341 +27%
DCM
8
Driehaus Capital Management
Illinois
$563K
Alyeska Investment Group
9
Alyeska Investment Group
Illinois
$272K -$215K -39,584 -40%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$186K
Stifel Financial
11
Stifel Financial
Missouri
$111K +$134K +24,565 New
Northern Trust
12
Northern Trust
Illinois
$74K
TRCT
13
Tower Research Capital (TRC)
New York
$11K +$6.21K +1,142 +95%
UBS Group
14
UBS Group
Switzerland
$7K -$1.87K -344 -18%
BlackRock
15
BlackRock
New York
$5K -$12.6K -2,320 -67%
Victory Capital Management
16
Victory Capital Management
Texas
$4K +$5.36K +986 New
PAM
17
Panagora Asset Management
Massachusetts
$2K +$2.21K +406 New
Morgan Stanley
18
Morgan Stanley
New York
$1K -$30.1K -5,545 -98%
Millennium Management
19
Millennium Management
New York
-$92K -12,300 Closed
CCA
20
Catalyst Capital Advisors
New York
-$6K -850 Closed
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
-$3.37K -619 -98%
Bank of America
22
Bank of America
North Carolina
+$5 +1 New

TRVI Hedge Fund Activity: Q3 2019 in Review

20 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Trevi Therapeutics (TRVI) for Q3 2019, worth a combined $63.5M — down 40% from $106M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new TRVI positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 6 trimmed.

The largest buyer was Vanguard Group, adding an estimated $176K. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $357K.

  • 20 institutional investors held Trevi Therapeutics (TRVI) as of Q3 2019, up from 18 in Q2 2019.
  • Funds reported $63.5M of Trevi Therapeutics stock for Q3 2019, down 40% quarter-over-quarter.
  • 4 funds opened new Trevi Therapeutics positions in Q3 2019 and 2 closed out, a net change of +2 holders.
  • The largest Trevi Therapeutics buyer in Q3 2019 was Vanguard Group, an estimated $176K added.
  • The largest Trevi Therapeutics seller in Q3 2019 was Schonfeld Strategic Advisors, an estimated $357K sold.

Based on aggregated 13F filings for Q3 2019.