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Travere Therapeutics

169 hedge funds and large institutions have $2.03B invested in Travere Therapeutics in 2021 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 16

100% more funds holding in top 10

Funds holding in top 10: 48 (+4)

37% more capital invested

Capital invested by funds: $1.48B → $2.03B (+$549M)

14% more funds holding

Funds holding: 148169 (+21)

7.37% more ownership

Funds ownership: 100.28%107.65% (+7.4%)

0% more call options, than puts

Call options by funds: $5.27M | Put options by funds: $5.26M

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

Holders
169
Holders Change
+21
Holders Change %
+14.19%
% of All Funds
2.6%
Holding in Top 10
8
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+100%
% of All Funds
0.12%
New
39
Increased
50
Reduced
50
Closed
16
Calls
$5.27M
Puts
$5.26M
Net Calls
+$7K
Net Calls Change
-$1.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$17.3M -$136K -4,819 -0.9%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
27
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$16.4M +$7.28M +258,400 +96%
Bank of America
28
Bank of America
North Carolina
$15.9M -$12.5M -444,060 -46%
Invesco
29
Invesco
Georgia
$15.9M +$13.4M +474,229 +1,283%
Canada Pension Plan Investment Board
30
Canada Pension Plan Investment Board
Ontario, Canada
$15.9M +$1.49M +53,000 +12%
Charles Schwab
31
Charles Schwab
California
$14.2M -$157K -5,559 -1%
Deutsche Bank
32
Deutsche Bank
Germany
$12.3M +$1.6M +56,799 +17%
IBT
33
International Biotechnology Trust
United Kingdom
$11.8M
Fidelity Investments
34
Fidelity Investments
Massachusetts
$11.6M
Public Sector Pension Investment Board (PSP Investments)
35
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$11.1M +$3.41M +121,000 +51%
D.E. Shaw & Co
36
D.E. Shaw & Co
New York
$10.8M -$1.65M -58,496 -14%
N
37
Nuveen
North Carolina
$10.3M -$1.65M -58,721 -12%
PAMS
38
Pictet Asset Management (Switzerland)
Switzerland
$10.3M -$636K -22,575 -6%
Morgan Stanley
39
Morgan Stanley
New York
$9.68M -$1.95M -69,128 -18%
Millennium Management
40
Millennium Management
New York
$9.01M +$3.56M +126,355 +77%
MB
41
MPM BioImpact
Massachusetts
$8.94M -$524K -18,622 -6%
GKIM
42
GW&K Investment Management
Massachusetts
$7.93M -$1.55M -55,042 -18%
Connor, Clark & Lunn Investment Management (CC&L)
43
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$7.15M +$1.75M +62,119 +37%
Bank of New York Mellon
44
Bank of New York Mellon
New York
$6.89M -$32.7K -1,162 -0.5%
TCM
45
Tekla Capital Management
Massachusetts
$6.61M
Assenagon Asset Management
46
Assenagon Asset Management
Luxembourg
$6.07M +$5.51M +195,531 New
Thrivent Financial for Lutherans
47
Thrivent Financial for Lutherans
Minnesota
$5.69M -$2.23M -79,352 -30%
KCM
48
Kynam Capital Management
New Jersey
$5.65M +$5.13M +182,103 New
Rafferty Asset Management
49
Rafferty Asset Management
New York
$5.38M +$2.07M +73,364 +73%
PAI
50
Palo Alto Investors
California
$5.16M

TVTX Hedge Fund Activity: Q4 2021 in Review

169 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Travere Therapeutics (TVTX) for Q4 2021, worth a combined $2.03B — up 37% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new TVTX positions and 16 closed out — a net gain of 23 holders — while 50 added to existing stakes and 50 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $42.3M. The largest seller was Armistice Capital, cutting an estimated $18.9M.

  • 169 institutional investors held Travere Therapeutics (TVTX) as of Q4 2021, up from 148 in Q3 2021.
  • Funds reported $2.03B of Travere Therapeutics stock for Q4 2021, up 37% quarter-over-quarter.
  • 39 funds opened new Travere Therapeutics positions in Q4 2021 and 16 closed out, a net change of +23 holders.
  • The largest Travere Therapeutics buyer in Q4 2021 was Goldman Sachs, an estimated $42.3M added.
  • The largest Travere Therapeutics seller in Q4 2021 was Armistice Capital, an estimated $18.9M sold.

Based on aggregated 13F filings for Q4 2021.