Verastem
VSTM
61 hedge funds and large institutions have $120M invested in Verastem in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 34 closing their positions.
196% more capital invested
Capital invested by funds: $40.5M → $120M (+$79.4M)
59.89% more ownership
Funds ownership: 4.06% → 63.94% (+60%)
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
4% less call options, than puts
Call options by funds: $451K | Put options by funds: $469K
24% less funds holding
Funds holding: 80 → 61 (-19)
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$10.7M |
| 2 |
VC
Vivo Capital
Palo Alto,
California
|
+$10.7M |
| 3 |
TCM
Tang Capital Management
San Diego,
California
|
+$7.91M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$7.76M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBA
Baker Bros. Advisors
New York
|
-$5.48M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.13M |
| 3 |
AC
Armistice Capital
New York
|
-$830K |
| 4 |
BlackRock
New York
|
-$262K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$246K |
VSTM Hedge Fund Activity: Q2 2023 in Review
61 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q2 2023, worth a combined $120M — up 196% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of VSTM and 15 opened new positions — a net loss of 19 holders — while 18 trimmed existing stakes and 23 added.
The largest buyer was Deerfield Management, opening a new position worth an estimated $10.7M. The largest seller was Baker Bros. Advisors, cutting an estimated $5.48M.
- 61 institutional investors held Verastem (VSTM) as of Q2 2023, down from 80 in Q1 2023.
- Funds reported $120M of Verastem stock for Q2 2023, up 196% quarter-over-quarter.
- 15 funds opened new Verastem positions in Q2 2023 and 34 closed out, a net change of -19 holders.
- The largest Verastem buyer in Q2 2023 was Deerfield Management, an estimated $10.7M added.
- The largest Verastem seller in Q2 2023 was Baker Bros. Advisors, an estimated $5.48M sold.
Based on aggregated 13F filings for Q2 2023.