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Travere Therapeutics

174 hedge funds and large institutions have $1.9B invested in Travere Therapeutics in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 84 increasing their positions, 30 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 30

112% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 17

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

24% more capital invested

Capital invested by funds: $1.53B → $1.9B (+$367M)

12% more funds holding

Funds holding: 155174 (+19)

2.39% more ownership

Funds ownership: 113.69%116.08% (+2.4%)

25% less call options, than puts

Call options by funds: $4.63M | Put options by funds: $6.17M

Holders
174
Holders Change
+19
Holders Change %
+12.26%
% of All Funds
2.77%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.08%
New
36
Increased
84
Reduced
30
Closed
17
Calls
$4.63M
Puts
$6.17M
Net Calls
-$1.54M
Net Calls Change
-$1.76M
Name Holding Trade Value Shares
Change
Change in
Stake
Ensign Peak Advisors
76
Ensign Peak Advisors
Utah
$2.48M +$698K +32,858 +43%
Lazard Asset Management
77
Lazard Asset Management
New York
$2.28M -$514K -24,174 -19%
RhumbLine Advisers
78
RhumbLine Advisers
Massachusetts
$2.2M +$5.63K +265 +0.3%
Russell Investments Group
79
Russell Investments Group
United Kingdom
$2.16M +$909K +42,756 +80%
PA
80
Perceptive Advisors
New York
$2.04M
UBS AM
81
UBS AM
Illinois
$1.99M +$531K +24,967 +39%
Public Sector Pension Investment Board (PSP Investments)
82
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.96M -$4.97M -234,000 -73%
SFI
83
Susquehanna Fundamental Investments
Pennsylvania
$1.89M -$110K -5,170 -6%
California State Teachers Retirement System (CalSTRS)
84
California State Teachers Retirement System (CalSTRS)
California
$1.8M +$176K +8,264 +11%
ORI
85
Oak Ridge Investments
Illinois
$1.8M -$83.5K -3,927 -5%
HWAM
86
Hennion & Walsh Asset Management
New Jersey
$1.8M +$95.1K +4,474 +6%
RHJA
87
Rice Hall James & Associates
California
$1.72M +$6.16K +290 +0.4%
MIM
88
Monashee Investment Management
Massachusetts
$1.69M +$1.59M +75,000 New
TI
89
Trexquant Investment
Connecticut
$1.68M +$1.59M +74,884 New
Norges Bank
90
Norges Bank
Norway
$1.6M -$3.06M -144,000 -67%
Wells Fargo
91
Wells Fargo
California
$1.58M +$1.43M +67,153 +2,082%
SG Americas Securities
92
SG Americas Securities
New York
$1.56M +$1.47M +69,260 New
Tudor Investment Corp
93
Tudor Investment Corp
Connecticut
$1.5M +$845K +39,766 +147%
PA
94
Profund Advisors
Maryland
$1.36M +$1.29M +60,529 New
CM
95
Crestline Management
Texas
$1.35M +$1.28M +60,000 New
New York State Common Retirement Fund
96
New York State Common Retirement Fund
New York
$1.34M +$37.8K +1,780 +3%
AllianceBernstein
97
AllianceBernstein
Tennessee
$1.33M
Ohio Public Employees Retirement System (OPERS)
98
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.25M
DekaBank Deutsche Girozentrale
99
DekaBank Deutsche Girozentrale
Germany
$1.24M
Dimensional Fund Advisors
100
Dimensional Fund Advisors
Texas
$1.22M -$1.05M -49,420 -48%

TVTX Hedge Fund Activity: Q1 2023 in Review

174 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Travere Therapeutics (TVTX) for Q1 2023, worth a combined $1.9B — up 24% from $1.53B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new TVTX positions and 17 closed out — a net gain of 19 holders — while 84 added to existing stakes and 30 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $37.3M. The largest seller was RA Capital Management, exiting entirely with an estimated $83.8M sold.

  • 174 institutional investors held Travere Therapeutics (TVTX) as of Q1 2023, up from 155 in Q4 2022.
  • Funds reported $1.9B of Travere Therapeutics stock for Q1 2023, up 24% quarter-over-quarter.
  • 36 funds opened new Travere Therapeutics positions in Q1 2023 and 17 closed out, a net change of +19 holders.
  • The largest Travere Therapeutics buyer in Q1 2023 was Janus Henderson Group, an estimated $37.3M added.
  • The largest Travere Therapeutics seller in Q1 2023 was RA Capital Management, an estimated $83.8M sold.

Based on aggregated 13F filings for Q1 2023.