Verastem
VSTM
53 hedge funds and large institutions have $17.1M invested in Verastem in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 6 closing their positions.
62% more capital invested
Capital invested by funds: $10.6M → $17.1M (+$6.52M)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 2.14% → 1.87% (-0.27%)
5% less funds holding
Funds holding: 56 → 53 (-3)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
Top Buyers
| 1 |
BlackRock
New York
|
+$651K |
| 2 |
Renaissance Technologies
New York
|
+$271K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$72K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$67.9K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$46.4K |
Top Sellers
| 1 |
D.E. Shaw & Co
New York
|
-$440K |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$386K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$334K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$266K |
| 5 |
Millennium Management
New York
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
52
Bank of America
Charlotte,
North Carolina
| $3K | +$905 | +57 | +69% |
|
|
53
D.E. Shaw & Co
New York
| – | -$440K | -32,728 | Closed |
|
|
AFM
54
Anson Funds Management
Dallas,
Texas
| – | -$386K | -28,704 | Closed |
|
|
IAM
55
Integre Asset Management
New York
| – | -$40K | -3,009 | Closed |
|
|
RIA
56
Regal Investment Advisors
Kentwood,
Michigan
| – | -$33K | -2,444 | Closed |
|
57
Acadian Asset Management
Boston,
Massachusetts
| – | -$6K | -415 | Closed |
|
58
Creative Planning
Overland Park,
Kansas
| – | -$1K | -42 | Closed |
|
VSTM Hedge Fund Activity: Q1 2017 in Review
53 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q1 2017, worth a combined $17.1M — up 62% from $10.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VSTM positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $651K. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $440K sold.
- 53 institutional investors held Verastem (VSTM) as of Q1 2017, down from 56 in Q4 2016.
- Funds reported $17.1M of Verastem stock for Q1 2017, up 62% quarter-over-quarter.
- 8 funds opened new Verastem positions in Q1 2017 and 6 closed out, a net change of +2 holders.
- The largest Verastem buyer in Q1 2017 was BlackRock, an estimated $651K added.
- The largest Verastem seller in Q1 2017 was D.E. Shaw & Co, an estimated $440K sold.
Based on aggregated 13F filings for Q1 2017.