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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
Principal Financial Group
76
Principal Financial Group
Iowa
$1.5M +$1.56M +62,045 New
JF
77
Jump Financial
Illinois
$1.47M +$505K +20,100 +50%
AllianceBernstein
78
AllianceBernstein
Tennessee
$1.44M +$327 +13 +0%
State of Wisconsin Investment Board
79
State of Wisconsin Investment Board
Wisconsin
$1.43M -$502K -19,960 -25%
DekaBank Deutsche Girozentrale
80
DekaBank Deutsche Girozentrale
Germany
$1.4M
EIM
81
Essex Investment Management
Massachusetts
$1.29M -$18.4K -733 -1%
AG
82
Algert Global
California
$1.28M +$699K +27,780 +111%
PI
83
Putnam Investments
Massachusetts
$1.23M -$15.7K -626 -1%
First Trust Advisors
84
First Trust Advisors
Illinois
$1.2M +$1.24M +49,374 New
BC
85
Brookfield Corp
Ontario, Canada
$1.16M +$1.2M +47,854 New
HWAM
86
Hennion & Walsh Asset Management
New Jersey
$1.11M +$111K +4,422 +11%
CM
87
Crestline Management
Texas
$1.07M +$138K +5,474 +14%
Russell Investments Group
88
Russell Investments Group
United Kingdom
$1.05M -$115K -4,568 -9%
New York State Common Retirement Fund
89
New York State Common Retirement Fund
New York
$1.05M -$3.04K -121 -0.3%
CS
90
Credit Suisse
Switzerland
$1.02M -$74.8K -2,973 -7%
SSA
91
Schonfeld Strategic Advisors
New York
$996K +$757K +30,109 +274%
AA
92
ALPS Advisors
Colorado
$913K -$694K -27,576 -42%
EAM
93
Erste Asset Management
Austria
$879K
SG Americas Securities
94
SG Americas Securities
New York
$815K +$246K +9,790 +41%
MIM
95
MetLife Investment Management
New Jersey
$788K -$32.5K -1,292 -4%
CL
96
CSS LLC
Illinois
$704K +$189K +7,530 +35%
AIG
97
American International Group
New York
$691K -$20.3K -806 -3%
Jane Street
98
Jane Street
New York
$678K +$704K +27,994 New
T. Rowe Price Associates
99
T. Rowe Price Associates
Maryland
$651K +$261K +10,382 +63%
PHP
100
Parkman Healthcare Partners
Connecticut
$636K +$660K +26,250 New

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.