HROW ranks #2709 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
HROW is a top-conviction position for Opaleye Management Inc. — at 9.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in HROW belongs to BlackRock, Inc., but the position matters far more to Opaleye Management Inc., who has 9.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Dimensional Fund Advisors LP has added to its HROW position for two straight quarters, increasing it by $10.2M to reach $28.3M today.
Ikarian Capital, LLC has trimmed its HROW position for two straight quarters, cutting it by $28.2M while still holding $5.8M.
HROW is down 1% today, but institutions show net buying of $155.7M this quarter — a divergence between today's price move and the underlying institutional flow.