Verastem
VSTM
110 hedge funds and large institutions have $147M invested in Verastem in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 23 closing their positions.
36% more call options, than puts
Call options by funds: $659K | Put options by funds: $484K
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
0.82% more ownership
Funds ownership: 4.11% → 4.94% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 112 → 110 (-2)
44% less capital invested
Capital invested by funds: $263M → $147M (-$117M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 2 |
BI
BVF Inc
San Francisco,
California
|
+$7.77M |
| 3 |
Morgan Stanley
New York
|
+$7.19M |
| 4 |
Millennium Management
New York
|
+$6.09M |
| 5 |
Two Sigma Investments
New York
|
+$5.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
-$37.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$4.62M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$1.5M |
| 4 |
TA
Teachers Advisors
New York
|
-$1.42M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.34M |
VSTM Hedge Fund Activity: Q4 2018 in Review
110 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q4 2018, worth a combined $147M — down 44% from $263M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of VSTM and 21 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 40 added.
The largest buyer was State Street, adding an estimated $14.5M. The largest seller was Consonance Capital Management, exiting entirely with an estimated $37.4M sold.
- 110 institutional investors held Verastem (VSTM) as of Q4 2018, down from 112 in Q3 2018.
- Funds reported $147M of Verastem stock for Q4 2018, down 44% quarter-over-quarter.
- 21 funds opened new Verastem positions in Q4 2018 and 23 closed out, a net change of -2 holders.
- The largest Verastem buyer in Q4 2018 was State Street, an estimated $14.5M added.
- The largest Verastem seller in Q4 2018 was Consonance Capital Management, an estimated $37.4M sold.
Based on aggregated 13F filings for Q4 2018.