Verastem
VSTM
80 hedge funds and large institutions have $40.5M invested in Verastem in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 15 closing their positions.
0.09% less ownership
Funds ownership: 4.14% → 4.06% (-0.09%)
4% less capital invested
Capital invested by funds: $42.1M → $40.5M (-$1.54M)
10% less funds holding
Funds holding: 89 → 80 (-9)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$134K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$33.9K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$25.9K |
| 4 |
AWM
Aries Wealth Management
Portland,
Maine
|
+$23.7K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBA
Baker Bros. Advisors
New York
|
-$774K |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$773K |
| 3 |
PVI
Pura Vida Investments
New York
|
-$404K |
| 4 |
D.E. Shaw & Co
New York
|
-$372K |
| 5 |
Millennium Management
New York
|
-$279K |
VSTM Hedge Fund Activity: Q1 2023 in Review
80 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q1 2023, worth a combined $40.5M — down 3.7% from $42.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of VSTM and 7 opened new positions — a net loss of 8 holders — while 21 trimmed existing stakes and 17 added.
The largest buyer was Jacobs Levy Equity Management, adding an estimated $134K. The largest seller was Baker Bros. Advisors, cutting an estimated $774K.
- 80 institutional investors held Verastem (VSTM) as of Q1 2023, down from 89 in Q4 2022.
- Funds reported $40.5M of Verastem stock for Q1 2023, down 3.7% quarter-over-quarter.
- 7 funds opened new Verastem positions in Q1 2023 and 15 closed out, a net change of -8 holders.
- The largest Verastem buyer in Q1 2023 was Jacobs Levy Equity Management, an estimated $134K added.
- The largest Verastem seller in Q1 2023 was Baker Bros. Advisors, an estimated $774K sold.
Based on aggregated 13F filings for Q1 2023.