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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
New York State Common Retirement Fund
76
New York State Common Retirement Fund
New York
$833K +$81.2K +5,100 +14%
Fisher Asset Management
77
Fisher Asset Management
Washington
$832K -$91.3K -5,734 -12%
Barclays
78
Barclays
United Kingdom
$796K +$35K +2,200 +6%
VEA
79
Virtus ETF Advisers
New York
$713K -$97.5K -6,123 -15%
Morgan Stanley
80
Morgan Stanley
New York
$710K +$58.6K +3,682 +12%
EAM
81
Erste Asset Management
Austria
$702K
UBS AM
82
UBS AM
Illinois
$688K +$55K +3,455 +11%
Citigroup
83
Citigroup
New York
$650K -$45.8K -2,876 -8%
FCMI
84
Foresite Capital Management IV
California
$612K +$478K +30,000 New
AQR Capital Management
85
AQR Capital Management
Connecticut
$611K +$476K +29,924 New
TI
86
Trexquant Investment
Connecticut
$579K -$116K -7,277 -20%
AI
87
Atom Investors
Texas
$547K -$2.6M -163,354 -86%
AIG
88
American International Group
New York
$518K +$13.5K +848 +3%
SAMH
89
Shanda Asset Management Holdings
British Virgin Islands
$517K +$404K +25,342 New
GC
90
Globeflex Capital
California
$500K +$390K +24,486 New
AC
91
Athanor Capital
New York
$498K +$389K +24,400 New
BIM
92
Bogle Investment Management
Massachusetts
$489K +$382K +23,978 New
Parallax Volatility Advisers
93
Parallax Volatility Advisers
California
$408K +$318K +19,999 New
DCM
94
Dupont Capital Management
Delaware
$398K -$27.8K -1,743 -8%
JP Morgan Chase
95
JP Morgan Chase
New York
$397K -$1.29K -81 -0.4%
MIM
96
MetLife Investment Management
New Jersey
$385K
Rafferty Asset Management
97
Rafferty Asset Management
New York
$352K +$274K +17,230 New
Qube Research & Technologies (QRT)
98
Qube Research & Technologies (QRT)
United Kingdom
$330K +$258K +16,181 New
AG
99
Aperio Group
California
$325K -$80.3K -5,042 -24%
HC
100
Henshaw Capital
Massachusetts
$310K

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.