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Trevi Therapeutics

16 hedge funds and large institutions have $88M invested in Trevi Therapeutics in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more capital invested

Capital invested by funds: $45.9M → $88M (+$42.1M)

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

3.31% less ownership

Funds ownership: 78.28%74.97% (-3.3%)

20% less funds holding

Funds holding: 2016 (-4)

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

Holders
16
Holders Change
-4
Holders Change %
-20%
% of All Funds
0.33%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
4
Reduced
3
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NMC
1
NEA Management Company
Maryland
$39.1M +$5.28M +1,499,436 +34%
TGHSA
2
TPG Group Holdings (SBS) Advisors
Texas
$31.7M -$5.28M -1,499,436 -24%
OFM
3
Omega Fund Management
Massachusetts
$9.05M +$396K +112,499 +9%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$5.22M
Vanguard Group
5
Vanguard Group
Pennsylvania
$914K -$40.5K -11,517 -8%
BCM
6
Bridgeway Capital Management
Texas
$658K +$88K +25,000 +33%
BBVA
7
Banco Bilbao Vizcaya Argentaria
Spain
$460K
Geode Capital Management
8
Geode Capital Management
Massachusetts
$275K
Canada Pension Plan Investment Board
9
Canada Pension Plan Investment Board
Ontario, Canada
$263K +$141K +40,000 New
BlackRock
10
BlackRock
New York
$155K +$51.5K +14,641 +161%
Northern Trust
11
Northern Trust
Illinois
$105K -$1.68K -478 -3%
LPL Financial
12
LPL Financial
California
$66K +$35.2K +10,000 New
Franklin Resources
13
Franklin Resources
California
-$1.93M -587,347 Closed
DCM
14
Driehaus Capital Management
Illinois
-$386K -117,371 Closed
SSA
15
Schonfeld Strategic Advisors
New York
-$194K -59,029 Closed
Stifel Financial
16
Stifel Financial
Missouri
-$46K -13,845 Closed
Victory Capital Management
17
Victory Capital Management
Texas
-$6K -1,606 Closed
Fifth Third Bancorp
18
Fifth Third Bancorp
Ohio
-$3K -1,000 Closed
UBS Group
19
UBS Group
Switzerland
-$2K -541 Closed
PAM
20
Panagora Asset Management
Massachusetts
-$1K -406 Closed
JP Morgan Chase
21
JP Morgan Chase
New York
+$11 +3 New
Barclays
22
Barclays
United Kingdom
+$53 +15 New
Bank of America
23
Bank of America
North Carolina
+$141 +40 New

TRVI Hedge Fund Activity: Q2 2020 in Review

16 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Trevi Therapeutics (TRVI) for Q2 2020, worth a combined $88M — up 92% from $45.9M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of TRVI and 5 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.

The largest buyer was NEA Management Company, adding an estimated $5.28M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $5.28M.

  • 16 institutional investors held Trevi Therapeutics (TRVI) as of Q2 2020, down from 20 in Q1 2020.
  • Funds reported $88M of Trevi Therapeutics stock for Q2 2020, up 92% quarter-over-quarter.
  • 5 funds opened new Trevi Therapeutics positions in Q2 2020 and 9 closed out, a net change of -4 holders.
  • The largest Trevi Therapeutics buyer in Q2 2020 was NEA Management Company, an estimated $5.28M added.
  • The largest Trevi Therapeutics seller in Q2 2020 was TPG Group Holdings (SBS) Advisors, an estimated $5.28M sold.

Based on aggregated 13F filings for Q2 2020.