Verastem
VSTM
72 hedge funds and large institutions have $132M invested in Verastem in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 10 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 70 → 72 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less capital invested
Capital invested by funds: $158M → $132M (-$25.7M)
Top Buyers
Top Sellers
| 1 |
PA
Perceptive Advisors
New York
|
-$2.39M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$2.2M |
| 3 |
BM
Bridger Management
New York
|
-$2.16M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.13M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$572K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$260K | -2,008 | Closed |
|
77
Invesco
Atlanta,
Georgia
| – | -$152K | -1,171 | Closed |
|
78
Tudor Investment Corp
Stamford,
Connecticut
| – | -$126K | -974 | Closed |
|
|
EMG
79
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$124K | -958 | Closed |
|
80
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -33 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$1K | -11 | Closed |
|
82
BNP Paribas Financial Markets
Paris,
France
| – | -$159 | -2 | Closed |
|
VSTM Hedge Fund Activity: Q2 2014 in Review
72 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q2 2014, worth a combined $132M — down 16% from $158M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VSTM positions and 10 closed out — a net gain of 2 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Platinum Investment Management, adding an estimated $2.69M. The largest seller was Perceptive Advisors, exiting entirely with an estimated $2.39M sold.
- 72 institutional investors held Verastem (VSTM) as of Q2 2014, up from 70 in Q1 2014.
- Funds reported $132M of Verastem stock for Q2 2014, down 16% quarter-over-quarter.
- 12 funds opened new Verastem positions in Q2 2014 and 10 closed out, a net change of +2 holders.
- The largest Verastem buyer in Q2 2014 was Platinum Investment Management, an estimated $2.69M added.
- The largest Verastem seller in Q2 2014 was Perceptive Advisors, an estimated $2.39M sold.
Based on aggregated 13F filings for Q2 2014.