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Travere Therapeutics

169 hedge funds and large institutions have $2.03B invested in Travere Therapeutics in 2021 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 16

100% more funds holding in top 10

Funds holding in top 10: 48 (+4)

37% more capital invested

Capital invested by funds: $1.48B → $2.03B (+$549M)

14% more funds holding

Funds holding: 148169 (+21)

7.37% more ownership

Funds ownership: 100.28%107.65% (+7.4%)

0% more call options, than puts

Call options by funds: $5.27M | Put options by funds: $5.26M

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

Holders
169
Holders Change
+21
Holders Change %
+14.19%
% of All Funds
2.6%
Holding in Top 10
8
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+100%
% of All Funds
0.12%
New
39
Increased
50
Reduced
50
Closed
16
Calls
$5.27M
Puts
$5.26M
Net Calls
+$7K
Net Calls Change
-$1.1M
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
RA Capital Management
Massachusetts
$174M
BlackRock
2
BlackRock
New York
$140M -$1.34M -47,705 -1%
AC
3
Armistice Capital
New York
$127M -$18.9M -670,000 -14%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$125M -$195K -6,916 -0.2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$120M +$433K +15,392 +0.4%
Macquarie Group
6
Macquarie Group
Australia
$117M -$5.18M -183,949 -5%
State Street
7
State Street
Massachusetts
$89.6M +$2.95M +104,754 +4%
BBA
8
Baker Bros. Advisors
New York
$82.8M +$17.7M +629,282 +31%
Goldman Sachs
9
Goldman Sachs
New York
$80.5M +$42.3M +1,500,435 +137%
DTC
10
Deep Track Capital
Connecticut
$76M +$69M +2,450,000 New
VA
11
VR Adviser
New York
$61.9M +$7.4M +262,587 +15%
PA
12
Perceptive Advisors
New York
$57.3M -$3.38M -120,000 -6%
Adage Capital Partners
13
Adage Capital Partners
Massachusetts
$40.4M -$11.2M -397,508 -23%
JP Morgan Chase
14
JP Morgan Chase
New York
$35.2M +$4.46M +158,369 +16%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$32.9M +$2.48M +88,033 +9%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$32.4M +$1.67M +59,305 +6%
SI
17
Sofinnova Investments
California
$32.3M +$17M +603,578 +138%
Renaissance Technologies
18
Renaissance Technologies
New York
$32.3M -$5.65M -200,496 -16%
RSCM
19
Rock Springs Capital Management
Maryland
$29.5M -$15.4M -545,167 -36%
Jacobs Levy Equity Management
20
Jacobs Levy Equity Management
New Jersey
$29.1M -$2.63M -93,306 -9%
LCM
21
Laurion Capital Management
New York
$28.2M +$4.22M +150,000 +20%
Citadel Advisors
22
Citadel Advisors
Florida
$25.7M +$676K +24,006 +3%
GPP
23
Great Point Partners
Connecticut
$24.8M +$4.93M +175,000 +28%
LCM
24
Lynx1 Capital Management
Puerto Rico
$22.9M +$20.8M +737,061 New
MP
25
Mangrove Partners
Connecticut
$20.3M

TVTX Hedge Fund Activity: Q4 2021 in Review

169 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Travere Therapeutics (TVTX) for Q4 2021, worth a combined $2.03B — up 37% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new TVTX positions and 16 closed out — a net gain of 23 holders — while 50 added to existing stakes and 50 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $42.3M. The largest seller was Armistice Capital, cutting an estimated $18.9M.

  • 169 institutional investors held Travere Therapeutics (TVTX) as of Q4 2021, up from 148 in Q3 2021.
  • Funds reported $2.03B of Travere Therapeutics stock for Q4 2021, up 37% quarter-over-quarter.
  • 39 funds opened new Travere Therapeutics positions in Q4 2021 and 16 closed out, a net change of +23 holders.
  • The largest Travere Therapeutics buyer in Q4 2021 was Goldman Sachs, an estimated $42.3M added.
  • The largest Travere Therapeutics seller in Q4 2021 was Armistice Capital, an estimated $18.9M sold.

Based on aggregated 13F filings for Q4 2021.