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Travere Therapeutics

147 hedge funds and large institutions have $1.03B invested in Travere Therapeutics in 2020 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 53 increasing their positions, 40 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

209% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 11

60% more capital invested

Capital invested by funds: $643M → $1.03B (+$388M)

33% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 40

19% more funds holding

Funds holding: 124147 (+23)

3.44% more ownership

Funds ownership: 102.12%105.56% (+3.4%)

44% less call options, than puts

Call options by funds: $2.83M | Put options by funds: $5.1M

Holders
147
Holders Change
+23
Holders Change %
+18.55%
% of All Funds
3.01%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
34
Increased
53
Reduced
40
Closed
11
Calls
$2.83M
Puts
$5.1M
Net Calls
-$2.26M
Net Calls Change
+$585K
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$8.81M +$209K +13,095 +3%
Charles Schwab
27
Charles Schwab
California
$8.23M +$912K +57,292 +17%
Point72 Asset Management
28
Point72 Asset Management
Connecticut
$7.88M +$1.32M +82,746 +27%
Citadel Advisors
29
Citadel Advisors
Florida
$7.2M +$3.79M +238,339 +208%
GKIM
30
GW&K Investment Management
Massachusetts
$6.94M -$130K -8,186 -2%
PAM
31
Panagora Asset Management
Massachusetts
$5.28M +$194K +12,164 +5%
Two Sigma Advisers
32
Two Sigma Advisers
New York
$5.15M -$232K -14,600 -5%
APM
33
Avidity Partners Management
Texas
$5.1M +$3.98M +250,000 New
SFM
34
Sphera Funds Management
Israel
$5.1M +$3.98M +250,000 New
Arrowstreet Capital
35
Arrowstreet Capital
Massachusetts
$4.03M +$3.15M +197,552 New
Bank of Montreal
36
Bank of Montreal
Ontario, Canada
$3.97M +$55.6K +3,490 +2%
PPA
37
Parametric Portfolio Associates
Washington
$3.92M +$2.18M +136,976 +250%
MAM
38
Martingale Asset Management
Massachusetts
$3.91M +$3.05M +191,315 New
Axa
39
Axa
France
$3.88M -$115K -7,200 -4%
Bank of New York Mellon
40
Bank of New York Mellon
New York
$3.69M -$93.1K -5,847 -3%
MS
41
Maven Securities
Jersey
$3.47M +$2.71M +170,000 New
Assenagon Asset Management
42
Assenagon Asset Management
Luxembourg
$3.35M -$4.24M -266,277 -62%
ORI
43
Oak Ridge Investments
Illinois
$3.34M -$292K -18,313 -10%
LOAMU
44
Lombard Odier Asset Management (USA)
New York
$3.06M
Russell Investments Group
45
Russell Investments Group
United Kingdom
$3.04M +$667K +41,914 +39%
State of New Jersey Common Pension Fund D
46
State of New Jersey Common Pension Fund D
New Jersey
$2.46M +$1.92M +120,514 New
DS
47
DRW Securities
Illinois
$2.45M -$1.31K -82 -0.1%
State Board of Administration of Florida Retirement System
48
State Board of Administration of Florida Retirement System
Florida
$2.42M +$1.45M +91,236 +334%
Nomura Holdings
49
Nomura Holdings
Japan
$2.38M +$1.86M +117,000 New
WG
50
Winton Group
United Kingdom
$2.38M +$1.36M +85,295 +273%

TVTX Hedge Fund Activity: Q2 2020 in Review

147 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Travere Therapeutics (TVTX) for Q2 2020, worth a combined $1.03B — up 60% from $643M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new TVTX positions and 11 closed out — a net gain of 23 holders — while 53 added to existing stakes and 40 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $43.8M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $33.8M sold.

  • 147 institutional investors held Travere Therapeutics (TVTX) as of Q2 2020, up from 124 in Q1 2020.
  • Funds reported $1.03B of Travere Therapeutics stock for Q2 2020, up 60% quarter-over-quarter.
  • 34 funds opened new Travere Therapeutics positions in Q2 2020 and 11 closed out, a net change of +23 holders.
  • The largest Travere Therapeutics buyer in Q2 2020 was Janus Henderson Group, an estimated $43.8M added.
  • The largest Travere Therapeutics seller in Q2 2020 was Consonance Capital Management, an estimated $33.8M sold.

Based on aggregated 13F filings for Q2 2020.