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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
AI
101
ArchPoint Investors
Florida
$303K
AL
102
AJO LP
Pennsylvania
$303K +$117K +7,343 +98%
VOYA Investment Management
103
VOYA Investment Management
Georgia
$300K -$93.2K -5,853 -28%
ZCM
104
Zebra Capital Management
Connecticut
$285K +$6.02K +378 +3%
Squarepoint
105
Squarepoint
New York
$283K +$221K +13,882 New
MLICM
106
Metropolitan Life Insurance Company (MetLife)
New York
$272K
ProShare Advisors
107
ProShare Advisors
Maryland
$256K +$200K +12,532 New
HSBC Holdings
108
HSBC Holdings
United Kingdom
$254K -$33.9K -2,131 -15%
CA
109
Calton & Associates
Florida
$220K -$1K -63 -0.6%
Public Employees Retirement Association of Colorado
110
Public Employees Retirement Association of Colorado
Colorado
$220K
SG Americas Securities
111
SG Americas Securities
New York
$219K +$38.3K +2,407 +29%
Legal & General Group
112
Legal & General Group
United Kingdom
$205K +$3.61K +227 +2%
AIM
113
Aigen Investment Management
New York
$204K -$319K -20,053 -67%
BBVA
114
Banco Bilbao Vizcaya Argentaria
Spain
$204K +$159K +10,000 New
Acadian Asset Management
115
Acadian Asset Management
Massachusetts
$198K -$206K -12,954 -57%
FC
116
FORA Capital
Florida
$165K +$72K +4,520 +127%
Zurich Cantonal Bank
117
Zurich Cantonal Bank
Switzerland
$158K +$88.6K +5,564 +256%
SAM
118
Shell Asset Management
Netherlands
$140K -$1.13K -71 -1%
Lazard Asset Management
119
Lazard Asset Management
New York
$114K +$20.2K +1,267 +29%
TRCT
120
Tower Research Capital (TRC)
New York
$105K +$81.6K +5,125 New
SO
121
STRS Ohio
Ohio
$93K
BNP Paribas Financial Markets
122
BNP Paribas Financial Markets
France
$72.5K -$279K -17,510 -83%
Canada Life
123
Canada Life
Manitoba, Canada
$72K
AIP
124
Ameritas Investment Partners
Nebraska
$71K
Nisa Investment Advisors
125
Nisa Investment Advisors
Missouri
$40K

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.