Verastem
VSTM
73 hedge funds and large institutions have $166M invested in Verastem in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 6 reducing their positions, and 3 closing their positions.
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
483% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 6
30% more funds holding
Funds holding: 56 → 73 (+17)
21% more capital invested
Capital invested by funds: $137M → $166M (+$28.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$7.86M |
| 2 |
First Eagle Investment Management
New York
|
+$7.17M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.36M |
| 4 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
+$4.68M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
MPM Asset Management
Boston,
Massachusetts
|
-$10.2M |
| 2 |
DVC
Deer VII & Co
Larchmont,
New York
|
-$6.83M |
| 3 |
SC
Sophrosyne Capital
New York
|
-$1.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$486K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$270K |
VSTM Hedge Fund Activity: Q3 2013 in Review
73 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q3 2013, worth a combined $166M — up 21% from $137M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new VSTM positions and 3 closed out — a net gain of 17 holders — while 35 added to existing stakes and 6 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $7.86M. The largest seller was MPM Asset Management, cutting an estimated $10.2M.
- 73 institutional investors held Verastem (VSTM) as of Q3 2013, up from 56 in Q2 2013.
- Funds reported $166M of Verastem stock for Q3 2013, up 21% quarter-over-quarter.
- 20 funds opened new Verastem positions in Q3 2013 and 3 closed out, a net change of +17 holders.
- The largest Verastem buyer in Q3 2013 was JP Morgan Chase, an estimated $7.86M added.
- The largest Verastem seller in Q3 2013 was MPM Asset Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2013.