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Travere Therapeutics

171 hedge funds and large institutions have $1.54B invested in Travere Therapeutics in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 67 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $4.14M | Put options by funds: $1.91M

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

1% more funds holding

Funds holding: 169171 (+2)

0.59% less ownership

Funds ownership: 110.04%109.46% (-0.59%)

10% less capital invested

Capital invested by funds: $1.7B → $1.54B (-$162M)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

18% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 67

Holders
171
Holders Change
+2
Holders Change %
+1.18%
% of All Funds
2.88%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.12%
New
24
Increased
55
Reduced
67
Closed
19
Calls
$4.14M
Puts
$1.91M
Net Calls
+$2.23M
Net Calls Change
+$236K
Name Holding Trade Value Shares
Change
Change in
Stake
PA
26
Perceptive Advisors
New York
$13.8M -$32.1M -1,275,471 -69%
Jacobs Levy Equity Management
27
Jacobs Levy Equity Management
New Jersey
$13.5M -$9.24M -367,541 -40%
Deutsche Bank
28
Deutsche Bank
Germany
$13.2M -$725K -28,810 -5%
Manulife (Manufacturers Life Insurance)
29
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.2M +$6.21K +247 +0%
Bank of America
30
Bank of America
North Carolina
$12.7M -$1.88M -74,580 -12%
Invesco
31
Invesco
Georgia
$12.1M +$2.52M +100,129 +25%
Charles Schwab
32
Charles Schwab
California
$11.4M -$43.6K -1,733 -0.4%
N
33
Nuveen
North Carolina
$10.8M +$729K +28,988 +7%
Fidelity Investments
34
Fidelity Investments
Massachusetts
$10.6M +$519K +20,630 +5%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$10.4M -$1.17M -46,574 -10%
PAMS
36
Pictet Asset Management (Switzerland)
Switzerland
$8.55M +$1.02M +40,479 +13%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
37
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$7.52M +$2.39M +95,000 +44%
Balyasny Asset Management
38
Balyasny Asset Management
Illinois
$7.3M +$7.58M +301,206 New
MB
39
MPM BioImpact
Massachusetts
$6.74M
TCM
40
Tekla Capital Management
Massachusetts
$6M
GKIM
41
GW&K Investment Management
Massachusetts
$5.97M -$53.9K -2,145 -0.9%
Connor, Clark & Lunn Investment Management (CC&L)
42
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.76M +$44.7K +1,777 +0.8%
SAM
43
Sectoral Asset Management
Quebec, Canada
$5.62M +$5.83M +232,000 New
Axa
44
Axa
France
$5.58M +$1.22M +48,457 +27%
SI
45
Sofinnova Investments
California
$5.15M -$11.2M -445,656 -68%
Walleye Capital
46
Walleye Capital
New York
$5.04M +$1.04M +41,375 +25%
Two Sigma Investments
47
Two Sigma Investments
New York
$4.85M -$409K -16,254 -8%
Millennium Management
48
Millennium Management
New York
$4.67M -$16.4M -650,813 -77%
Bank of New York Mellon
49
Bank of New York Mellon
New York
$4.62M -$762K -30,286 -14%
Two Sigma Advisers
50
Two Sigma Advisers
New York
$4.2M +$1.98M +78,600 +83%

TVTX Hedge Fund Activity: Q2 2022 in Review

171 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Travere Therapeutics (TVTX) for Q2 2022, worth a combined $1.54B — down 9.5% from $1.7B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new TVTX positions and 19 closed out — a net gain of 5 holders — while 55 added to existing stakes and 67 trimmed.

The largest buyer was OrbiMed, opening a new position worth an estimated $19.4M. The largest seller was Perceptive Advisors, cutting an estimated $32.1M.

  • 171 institutional investors held Travere Therapeutics (TVTX) as of Q2 2022, up from 169 in Q1 2022.
  • Funds reported $1.54B of Travere Therapeutics stock for Q2 2022, down 9.5% quarter-over-quarter.
  • 24 funds opened new Travere Therapeutics positions in Q2 2022 and 19 closed out, a net change of +5 holders.
  • The largest Travere Therapeutics buyer in Q2 2022 was OrbiMed, an estimated $19.4M added.
  • The largest Travere Therapeutics seller in Q2 2022 was Perceptive Advisors, an estimated $32.1M sold.

Based on aggregated 13F filings for Q2 2022.