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Travere Therapeutics

50 hedge funds and large institutions have $286M invested in Travere Therapeutics in 2014 Q1 according to their latest regulatory filings, with 50 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
50
Holders Change
+50
Holders Change %
% of All Funds
1.44%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.09%
New
50
Increased
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QF
1
QVT Financial
New York
$47.9M +$35.2M +2,287,583 New
Jennison Associates
2
Jennison Associates
New York
$41.9M +$30.3M +1,969,819 New
BC
3
Broadfin Capital
New York
$34.1M +$24.7M +1,609,696 New
PI
4
Putnam Investments
Massachusetts
$30.1M +$21.7M +1,413,562 New
OM
5
Opaleye Management
Massachusetts
$24.4M +$17.7M +1,153,230 New
PA
6
Perceptive Advisors
New York
$22.1M +$16.1M +1,044,292 New
BFA
7
BlackRock Fund Advisors
California
$11.2M +$8.11M +527,333 New
LOAMU
8
Lombard Odier Asset Management (USA)
New York
$9.54M +$6.92M +450,000 New
Deutsche Bank
9
Deutsche Bank
Germany
$7.84M +$5.68M +369,676 New
VAM
10
Visium Asset Management
New York
$6.5M +$4.7M +305,500 New
SCM
11
Sigma Capital Management
Connecticut
$6.49M +$4.69M +305,000 New
Vanguard Group
12
Vanguard Group
Pennsylvania
$5.85M +$4.23M +275,082 New
AC
13
Ascend Capital
California
$5.61M +$4.07M +264,801 New
BBA
14
Baker Bros. Advisors
New York
$4.19M +$3.03M +197,178 New
BIT
15
BlackRock Institutional Trust
California
$3.9M +$2.83M +184,166 New
State Street
16
State Street
Massachusetts
$3.88M +$2.8M +182,276 New
BIM
17
Bogle Investment Management
Massachusetts
$2.77M +$2.01M +130,917 New
Jane Street
18
Jane Street
New York
$2.53M +$1.84M +119,356 New
CCA
19
Catalyst Capital Advisors
New York
$1.8M +$1.3M +84,500 New
TCIM
20
TIAA CREF Investment Management
New York
$1.51M +$1.09M +71,017 New
CS
21
Credit Suisse
Switzerland
$1.22M +$883K +57,457 New
BIM
22
BlackRock Investment Management
Delaware
$1.15M +$834K +54,252 New
Bank of New York Mellon
23
Bank of New York Mellon
New York
$1.1M +$796K +51,790 New
Northern Trust
24
Northern Trust
Illinois
$931K +$675K +43,915 New
CAM
25
ClariVest Asset Management
California
$837K +$604K +39,297 New

TVTX Hedge Fund Activity: Q1 2014 in Review

50 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Travere Therapeutics (TVTX) for Q1 2014, worth a combined $286M.

Buyers outnumbered sellers: 50 funds opened new TVTX positions and 0 closed out — a net gain of 50 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was QVT Financial, opening a new position worth an estimated $35.2M.

  • 50 institutional investors held Travere Therapeutics (TVTX) as of Q1 2014, up from 0 in Q4 2013.
  • Funds reported $286M of Travere Therapeutics stock for Q1 2014.
  • 50 funds opened new Travere Therapeutics positions in Q1 2014 and 0 closed out, a net change of +50 holders.
  • The largest Travere Therapeutics buyer in Q1 2014 was QVT Financial, an estimated $35.2M added.

Based on aggregated 13F filings for Q1 2014.