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Verastem

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.

New
Increased
Maintained
Reduced
Closed

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: 7072 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

16% less capital invested

Capital invested by funds: $158M → $132M (-$25.7M)

Holders
72
Holders Change
+2
Holders Change %
+2.86%
% of All Funds
2.07%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
12
Increased
28
Reduced
20
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$14M -$1.13M -10,416 -7%
DVC
2
Deer VII & Co
New York
$10.8M
PIM
3
Platinum Investment Management
Australia
$9.76M +$2.69M +24,722 +38%
JP Morgan Chase
4
JP Morgan Chase
New York
$9.73M -$9.57K -88 -0.1%
TCM
5
Tekla Capital Management
Massachusetts
$8.32M
BFA
6
BlackRock Fund Advisors
California
$7.45M +$246K +2,258 +3%
MAM
7
MPM Asset Management
Massachusetts
$7.4M
First Eagle Investment Management
8
First Eagle Investment Management
New York
$4.64M +$9.03K +83 +0.2%
Vanguard Group
9
Vanguard Group
Pennsylvania
$4.35M +$610K +5,607 +16%
Jennison Associates
10
Jennison Associates
New York
$4.07M -$497K -4,573 -11%
EA
11
Emerald Advisers
Pennsylvania
$3.97M -$435K -3,997 -10%
Lord, Abbett & Co
12
Lord, Abbett & Co
New Jersey
$3.94M +$989K +9,091 +34%
U
13
UBS
Switzerland
$3.65M +$938K +8,625 +35%
BA
14
BlackRock Advisors
Delaware
$3.57M +$9.68K +89 +0.3%
PI
15
Putnam Investments
Massachusetts
$3.56M -$14.5K -133 -0.4%
WSA
16
Wall Street Associates
California
$3.01M +$20.9K +192 +0.7%
EMFAT
17
Emerald Mutual Fund Advisers Trust
Pennsylvania
$3M -$83.5K -768 -3%
MCM
18
McKinley Capital Management
Alaska
$2.62M +$1.07M +9,825 +69%
HCM
19
Howland Capital Management
Massachusetts
$2.42M +$362K +3,332 +18%
State Street
20
State Street
Massachusetts
$2.35M +$51.4K +473 +2%
BIT
21
BlackRock Institutional Trust
California
$1.91M +$310K +2,850 +19%
Northern Trust
22
Northern Trust
Illinois
$1.68M -$264K -2,431 -14%
QF
23
QVT Financial
New York
$1.5M -$466K -4,284 -24%
AWMDMG
24
Austin W. Marxe & David M. Greenhouse
New York
$1.27M -$362K -3,333 -22%
TFCP
25
Twin Focus Capital Partners
Massachusetts
$1.12M +$1.12M +10,261 New

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.