Trevena, Inc.
TRVN
TRVN was delisted on the 7th of October, 2024.
85 hedge funds and large institutions have $260M invested in Trevena, Inc. in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 16 closing their positions.
5% more capital invested
Capital invested by funds: $248M → $260M (+$11.9M)
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 92 → 85 (-7)
12% less call options, than puts
Call options by funds: $594K | Put options by funds: $672K
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.79M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.31M |
| 3 |
NC
Nexthera Capital
New York
|
+$1.02M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$698K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$681K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.16M |
| 2 |
Millennium Management
New York
|
-$3.74M |
| 3 |
PVMCV
Polaris Venture Management Co V
Boston,
Massachusetts
|
-$1.49M |
| 4 |
JP Morgan Chase
New York
|
-$1.44M |
| 5 |
First Manhattan
New York
|
-$729K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Prelude Capital Management
New York
| – | -$47K | -12 | Closed |
|
102
Teacher Retirement System of Texas
Austin,
Texas
| – | -$29K | -7 | Closed |
|
103
UBS Group
Zurich,
Switzerland
| – | -$11K | -3 | Closed |
|
|
MA
104
MUFG Americas
New York
| – | -$5K | -1 | Closed |
|
TRVN Hedge Fund Activity: Q3 2016 in Review
85 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trevena, Inc. (TRVN) for Q3 2016, worth a combined $260M — up 4.8% from $248M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TRVN and 9 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 25 added.
The largest buyer was Goldman Sachs, adding an estimated $2.79M. The largest seller was Citadel Advisors, cutting an estimated $4.16M.
- 85 institutional investors held Trevena, Inc. (TRVN) as of Q3 2016, down from 92 in Q2 2016.
- Funds reported $260M of Trevena, Inc. stock for Q3 2016, up 4.8% quarter-over-quarter.
- 9 funds opened new Trevena, Inc. positions in Q3 2016 and 16 closed out, a net change of -7 holders.
- The largest Trevena, Inc. buyer in Q3 2016 was Goldman Sachs, an estimated $2.79M added.
- The largest Trevena, Inc. seller in Q3 2016 was Citadel Advisors, an estimated $4.16M sold.
Based on aggregated 13F filings for Q3 2016.