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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
CG
126
Cutler Group
California
$32K -$65.3K -4,100 -72%
Federated Hermes
127
Federated Hermes
Pennsylvania
$29K -$1.4K -88 -6%
Simplex Trading
128
Simplex Trading
Illinois
$25K +$19.7K +1,236 New
CFA
129
Carroll Financial Associates
North Carolina
$20K
HIA
130
Harbor Investment Advisory
Maryland
$20K
CAN
131
Cetera Advisor Networks
California
$20K +$15.9K +1,000 New
GT
132
Glenmede Trust
Pennsylvania
$14K -$1.5K -94 -12%
BCA
133
Berman Capital Advisors
Georgia
$10K +$1.07K +67 +16%
QI
134
QS Investors
New York
$7K
SPIA
135
Steward Partners Investment Advisory
New York
$6K
UBS Group
136
UBS Group
Switzerland
$5K -$165K -10,388 -98%
US Bancorp
137
US Bancorp
Minnesota
$4K -$2.13K -134 -43%
Daiwa Securities Group
138
Daiwa Securities Group
Japan
$4K
CAW
139
Cornerstone Advisors (Washington)
Washington
$4K +$494 +31 +19%
PNC Financial Services Group
140
PNC Financial Services Group
Pennsylvania
$3K
Osaic Holdings
141
Osaic Holdings
Arizona
$2K -$7.17K -450 -86%
IA
142
IFP Advisors
Florida
$1K
JCM
143
Jacobi Capital Management
Pennsylvania
$1K
HR
144
Howe & Rusling
New York
$1K +$1.05K +66 New
PA
145
Parallel Advisors
California
$1K +$1.5K +94 New
JG
146
Jefferies Group
New York
$510 +$398K +25,000 New
CCM
147
Consonance Capital Management
New York
-$33.8M -2,314,421 Closed
Susquehanna International Group
148
Susquehanna International Group
Pennsylvania
-$391K -24,536 Closed
Envestnet Asset Management
149
Envestnet Asset Management
Illinois
-$249K -17,061 Closed
Mercer Global Advisors
150
Mercer Global Advisors
Colorado
-$212K -14,527 Closed

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.