Verastem
VSTM
112 hedge funds and large institutions have $263M invested in Verastem in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 44 increasing their positions, 16 reducing their positions, and 22 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 16
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
20% more capital invested
Capital invested by funds: $220M → $263M (+$43.1M)
10% more funds holding
Funds holding: 102 → 112 (+10)
0.48% more ownership
Funds ownership: 3.63% → 4.11% (+0.48%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less call options, than puts
Call options by funds: $1.69M | Put options by funds: $3.45M
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$39.5M |
| 2 |
BlackRock
New York
|
+$9.13M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$7.57M |
| 4 |
Man Group
London,
United Kingdom
|
+$6.19M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.41M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
126
Marshall Wace North America
New York
| – | -$162K | -1,958 | Closed |
|
|
CS
127
Credit Suisse
Zurich,
Switzerland
| – | -$130K | -1,569 | Closed |
|
|
CSS
128
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$96K | -1,165 | Closed |
|
129
Squarepoint
New York
| – | -$85K | -1,029 | Closed |
|
|
BFM
130
Boothbay Fund Management
New York
| – | -$83K | -1,000 | Closed |
|
|
SPC
131
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$74K | -900 | Closed |
|
|
CHP
132
Cable Hill Partners
Portland,
Oregon
| – | -$7K | -83 | Closed |
|
133
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$7K | -81 | Closed |
|
|
PIA
134
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$6K | -77 | Closed |
|
VSTM Hedge Fund Activity: Q3 2018 in Review
112 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q3 2018, worth a combined $263M — up 20% from $220M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new VSTM positions and 22 closed out — a net gain of 10 holders — while 44 added to existing stakes and 16 trimmed.
The largest buyer was State Street, adding an estimated $39.5M. The largest seller was Consonance Capital Management, cutting an estimated $16.7M.
- 112 institutional investors held Verastem (VSTM) as of Q3 2018, up from 102 in Q2 2018.
- Funds reported $263M of Verastem stock for Q3 2018, up 20% quarter-over-quarter.
- 32 funds opened new Verastem positions in Q3 2018 and 22 closed out, a net change of +10 holders.
- The largest Verastem buyer in Q3 2018 was State Street, an estimated $39.5M added.
- The largest Verastem seller in Q3 2018 was Consonance Capital Management, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2018.