Verastem
VSTM
122 hedge funds and large institutions have $78.1M invested in Verastem in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 27 closing their positions.
158% more call options, than puts
Call options by funds: $2.91M | Put options by funds: $1.13M
0.51% less ownership
Funds ownership: 3.66% → 3.15% (-0.51%)
14% less funds holding
Funds holding: 142 → 122 (-20)
24% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 41
36% less capital invested
Capital invested by funds: $123M → $78.1M (-$44.8M)
70% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BVF Inc
San Francisco,
California
|
+$7.89M |
| 2 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$3.03M |
| 3 |
BlackRock
New York
|
+$1.73M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$703K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Vivo Capital
Palo Alto,
California
|
-$7.98M |
| 2 |
APM
Avidity Partners Management
Dallas,
Texas
|
-$7.59M |
| 3 |
Millennium Management
New York
|
-$1.68M |
| 4 |
RCM
RA Capital Management
Boston,
Massachusetts
|
-$1.47M |
| 5 |
Jane Street
New York
|
-$1.45M |
VSTM Hedge Fund Activity: Q3 2020 in Review
122 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q3 2020, worth a combined $78.1M — down 36% from $123M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of VSTM and 8 opened new positions — a net loss of 19 holders — while 41 trimmed existing stakes and 31 added.
The largest buyer was BVF Inc, adding an estimated $7.89M. The largest seller was Vivo Capital, exiting entirely with an estimated $7.98M sold.
- 122 institutional investors held Verastem (VSTM) as of Q3 2020, down from 142 in Q2 2020.
- Funds reported $78.1M of Verastem stock for Q3 2020, down 36% quarter-over-quarter.
- 8 funds opened new Verastem positions in Q3 2020 and 27 closed out, a net change of -19 holders.
- The largest Verastem buyer in Q3 2020 was BVF Inc, an estimated $7.89M added.
- The largest Verastem seller in Q3 2020 was Vivo Capital, an estimated $7.98M sold.
Based on aggregated 13F filings for Q3 2020.