Verastem
VSTM
102 hedge funds and large institutions have $220M invested in Verastem in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 19 closing their positions.
396% more capital invested
Capital invested by funds: $44.4M → $220M (+$176M)
126% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 19
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
31% more funds holding
Funds holding: 78 → 102 (+24)
1.19% more ownership
Funds ownership: 2.44% → 3.63% (+1.2%)
55% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $2.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
+$36.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.9M |
| 3 |
BlackRock
New York
|
+$12.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.29M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BVF Inc
San Francisco,
California
|
-$2.52M |
| 2 |
Renaissance Technologies
New York
|
-$1.48M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$865K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$835K |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$820K |
VSTM Hedge Fund Activity: Q2 2018 in Review
102 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q2 2018, worth a combined $220M — up 396% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new VSTM positions and 19 closed out — a net gain of 24 holders — while 31 added to existing stakes and 19 trimmed.
The largest buyer was Consonance Capital Management, opening a new position worth an estimated $36.6M. The largest seller was BVF Inc, cutting an estimated $2.52M.
- 102 institutional investors held Verastem (VSTM) as of Q2 2018, up from 78 in Q1 2018.
- Funds reported $220M of Verastem stock for Q2 2018, up 396% quarter-over-quarter.
- 43 funds opened new Verastem positions in Q2 2018 and 19 closed out, a net change of +24 holders.
- The largest Verastem buyer in Q2 2018 was Consonance Capital Management, an estimated $36.6M added.
- The largest Verastem seller in Q2 2018 was BVF Inc, an estimated $2.52M sold.
Based on aggregated 13F filings for Q2 2018.