Verastem
VSTM
71 hedge funds and large institutions have $158M invested in Verastem in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 17 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $166M → $158M (-$7.67M)
3% less funds holding
Funds holding: 73 → 71 (-2)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$3.78M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3M |
| 3 |
JP Morgan Chase
New York
|
+$2.52M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$2.19M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
-$4M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.98M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.35M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$926K |
| 5 |
Renaissance Technologies
New York
|
-$693K |
VSTM Hedge Fund Activity: Q4 2013 in Review
71 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q4 2013, worth a combined $158M — down 4.6% from $166M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of VSTM and 15 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 25 added.
The largest buyer was Platinum Investment Management, opening a new position worth an estimated $3.78M. The largest seller was CR Intrinsic Investors, exiting entirely with an estimated $4M sold.
- 71 institutional investors held Verastem (VSTM) as of Q4 2013, down from 73 in Q3 2013.
- Funds reported $158M of Verastem stock for Q4 2013, down 4.6% quarter-over-quarter.
- 15 funds opened new Verastem positions in Q4 2013 and 17 closed out, a net change of -2 holders.
- The largest Verastem buyer in Q4 2013 was Platinum Investment Management, an estimated $3.78M added.
- The largest Verastem seller in Q4 2013 was CR Intrinsic Investors, an estimated $4M sold.
Based on aggregated 13F filings for Q4 2013.