Verastem
VSTM
69 hedge funds and large institutions have $65.5M invested in Verastem in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 11 closing their positions.
234% more capital invested
Capital invested by funds: $19.6M → $65.5M (+$45.9M)
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
61% more call options, than puts
Call options by funds: $167K | Put options by funds: $104K
17% more funds holding
Funds holding: 59 → 69 (+10)
1.1% more ownership
Funds ownership: 2.03% → 3.13% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.5M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$3.38M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$2.39M |
| 4 |
BlackRock
New York
|
+$2.25M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$545K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$537K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$456K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$308K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$247K |
VSTM Hedge Fund Activity: Q3 2017 in Review
69 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q3 2017, worth a combined $65.5M — up 234% from $19.6M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VSTM positions and 11 closed out — a net gain of 10 holders — while 19 added to existing stakes and 20 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $5.5M. The largest seller was Fidelity Investments, exiting entirely with an estimated $545K sold.
- 69 institutional investors held Verastem (VSTM) as of Q3 2017, up from 59 in Q2 2017.
- Funds reported $65.5M of Verastem stock for Q3 2017, up 234% quarter-over-quarter.
- 21 funds opened new Verastem positions in Q3 2017 and 11 closed out, a net change of +10 holders.
- The largest Verastem buyer in Q3 2017 was Point72 Asset Management, an estimated $5.5M added.
- The largest Verastem seller in Q3 2017 was Fidelity Investments, an estimated $545K sold.
Based on aggregated 13F filings for Q3 2017.