AERIE PHARMACEUTICALS INC (AERI): Hedge Fund Holdings & 13F Analysis (Q4 2025)

AERIE PHARMACEUTICALS INC (AERI)

0 + Investors. Track Smart Money conviction in AERI. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — AERI

Based on 142 hedge funds · latest filing: 2022 Q3 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added AERI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (98% of max)

98% of all-time peak

142 hedge funds hold AERI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q

+20 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 56% buying

92 buying72 selling

Last quarter: 92 funds bought or added vs 72 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

📈

More new buyers each quarter (+28 vs last Q)

new funds entering per quarter

Funds opening a new AERI position: 27 → 27 → 19 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

💰

Value +104% but shares only +1% — price-driven

Value

+104%

+1%

Last quarter: the total dollar value of institutional holdings rose +104%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

16 → 27 → 27 → 19 → 47 new funds/Q

New funds entering each quarter: 27 → 27 → 19 → 47. A growing number of institutions are discovering AERI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

3.1

out of 10

Low Exit Risk

Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	0	0	-
13F Shares	0	0	-
Total Value	$0	$0	-
New Positions	0	0	-
Increased Positions	0	0	-
Closed Positions	0	0	-
Reduced Positions	0	0	-
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

13F Shares

Total Value

New Positions

Increased Positions

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

0 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AERI. Verified SEC 13F-HR filings.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 institutional holders of AERI — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	MIRIA Asset Management Ltd	25.22%	463,900	$7.0M
2	LEVIN CAPITAL STRATEGIES, L.P.	2.31%	1,125,395	$17.0M
3	NEXPOINT ASSET MANAGEMENT, L.P.	1.92%	1,893,891	$28.7M
4	WATER ISLAND CAPITAL LLC	1.78%	2,082,516	$31.5M
5	DCF Advisers, LLC	1.54%	157,665	$2.4M
6	DEERFIELD MANAGEMENT COMPANY, L.P.	1.46%	4,855,005	$73.5M
7	RICE HALL JAMES & ASSOCIATES, LLC	1.41%	1,603,458	$24.3M
8	DAFNA Capital Management LLC	1.25%	307,232	$4.6M
9	EHP Funds Inc.	0.85%	275,924	$4.2M
10	BCK CAPITAL MANAGEMENT LP	0.70%	64,000	$968K
11	ALPINE ASSOCIATES MANAGEMENT INC.	0.65%	1,028,900	$15.6M
12	HARVEST MANAGEMENT LLC	0.61%	50,000	$757K
13	GABELLI & Co INVESTMENT ADVISERS, INC.	0.45%	230,400	$3.5M
14	Eversept Partners, LP	0.40%	256,289	$3.9M
15	AQR Arbitrage LLC	0.36%	1,078,446	$16.3M
16	PINNACLE ASSOCIATES LTD	0.34%	964,759	$14.6M
17	HAZLETT, BURT & WATSON, INC.	0.33%	22,200	$338K
18	Alpine Global Management, LLC	0.25%	71,825	$1.1M
19	THOMPSON INVESTMENT MANAGEMENT, INC.	0.22%	74,712	$1.1M
20	PenderFund Capital Management Ltd.	0.15%	22,950	$480K
21	Diametric Capital, LP	0.14%	18,573	$281K
22	PDT Partners, LLC	0.14%	60,164	$910K
23	CAXTON ASSOCIATES LP	0.12%	60,974	$923K
24	DLD Asset Management, LP	0.12%	100,000	$1.5M
25	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	0.10%	519,661	$7.9M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — AERIE PHARMACEUTICALS INC (AERI)

What does the Smart Money Trend signal show for AERI?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added AERI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AERI?

Slight buying edge — 56% buying: Last quarter: 92 funds bought or added vs 72 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

AERIE PHARMACEUTICALS INC (AERI)

Smart Money Signals — AERI

Buying streak — 3 quarters in a row

At the ownership peak (98% of max)

Steady growth — +16% more funds vs a year ago

Slight buying edge — 56% buying

More new buyers each quarter (+28 vs last Q)

Value +104% but shares only +1% — price-driven

Growing discovery — still being found

Institutional Sentiment Summary — AERI

Hedge Fund Ownership: AERI

Market Analysis: AERI

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: AERI

Hedge Fund Positioning: AERI

Statistics: AERI

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — AERIE PHARMACEUTICALS INC (AERI)

Welcome to 13Foresight!