Verastem
VSTM
68 hedge funds and large institutions have $43.5M invested in Verastem in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 25 closing their positions.
141% more call options, than puts
Call options by funds: $181K | Put options by funds: $75K
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
3% less funds holding
Funds holding: 70 → 68 (-2)
9.13% less ownership
Funds ownership: 66.67% → 57.54% (-9.1%)
78% less capital invested
Capital invested by funds: $199M → $43.5M (-$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.8M |
| 2 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$5.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$5.77M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3.3M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$29M |
| 2 |
DM
Deerfield Management
New York
|
-$18.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.9M |
| 4 |
Millennium Management
New York
|
-$4.99M |
| 5 |
ACP
Acuta Capital Partners
Redwood City,
California
|
-$2.44M |
VSTM Hedge Fund Activity: Q2 2024 in Review
68 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Verastem (VSTM) for Q2 2024, worth a combined $43.5M — down 78% from $199M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of VSTM and 23 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 22 added.
The largest buyer was BlackRock, adding an estimated $10.8M. The largest seller was Viking Global Investors, exiting entirely with an estimated $29M sold.
- 68 institutional investors held Verastem (VSTM) as of Q2 2024, down from 70 in Q1 2024.
- Funds reported $43.5M of Verastem stock for Q2 2024, down 78% quarter-over-quarter.
- 23 funds opened new Verastem positions in Q2 2024 and 25 closed out, a net change of -2 holders.
- The largest Verastem buyer in Q2 2024 was BlackRock, an estimated $10.8M added.
- The largest Verastem seller in Q2 2024 was Viking Global Investors, an estimated $29M sold.
Based on aggregated 13F filings for Q2 2024.