Verastem
VSTM
70 hedge funds and large institutions have $199M invested in Verastem in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
94% more call options, than puts
Call options by funds: $309K | Put options by funds: $159K
47% more capital invested
Capital invested by funds: $136M → $199M (+$63.2M)
21% more funds holding
Funds holding: 58 → 70 (+12)
0.66% more ownership
Funds ownership: 66.01% → 66.67% (+0.66%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.27M |
| 2 |
CC
Checkpoint Capital
San Francisco,
California
|
+$1.95M |
| 3 |
Goldman Sachs
New York
|
+$1.76M |
| 4 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
+$1.33M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$904K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.2M |
| 2 |
TCM
Tang Capital Management
San Diego,
California
|
-$2.31M |
| 3 |
Vontobel Holding
Zurich,
Switzerland
|
-$1.66M |
| 4 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
-$1.49M |
| 5 |
AA
AlphaCentric Advisors
San Juan,
Puerto Rico
|
-$1.22M |
VSTM Hedge Fund Activity: Q1 2024 in Review
70 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q1 2024, worth a combined $199M — up 47% from $136M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new VSTM positions and 5 closed out — a net gain of 12 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Millennium Management, adding an estimated $6.27M. The largest seller was Citadel Advisors, cutting an estimated $6.2M.
- 70 institutional investors held Verastem (VSTM) as of Q1 2024, up from 58 in Q4 2023.
- Funds reported $199M of Verastem stock for Q1 2024, up 47% quarter-over-quarter.
- 17 funds opened new Verastem positions in Q1 2024 and 5 closed out, a net change of +12 holders.
- The largest Verastem buyer in Q1 2024 was Millennium Management, an estimated $6.27M added.
- The largest Verastem seller in Q1 2024 was Citadel Advisors, an estimated $6.2M sold.
Based on aggregated 13F filings for Q1 2024.