Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ARDELYX INC (ARDX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — ARDX

Based on 209 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ARDX 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 (100% of max)

100% of all-time peak
209 hedge funds hold ARDX 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 — +4% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

112 buying111 selling
Last quarter: 112 funds bought or added vs 111 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.
➡️

Steady new buyers — ~36 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 39 → 28 → 37 → 36. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 28% medium ■ 16% new
117 out of 209 hedge funds have held ARDX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +2%, value -53%

Value
-52%
Shares
+2%
Last quarter: funds added +2% more shares while total portfolio value only changed -53%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~36 new funds/quarter

41 → 39 → 28 → 37 → 36 new funds/Q
New funds entering each quarter: 39 → 28 → 37 → 36. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 14% 1-2yr ■ 22% new
Of 219 current holders: 140 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
33 of 209 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in ARDX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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.

Hedge Fund Ownership: ARDX

How many hedge funds hold ARDX — quarterly history vs. share price
Quarterly hedge fund ownership of ARDX vs. share price

Market Analysis: ARDX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ARDX

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

38 top-rated funds 1 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: ARDX
2026 Q1 Stats Unlock in 20 days 219 + Investors

Track Smart Money conviction in ARDX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 219 214 2.34%
13F Shares 168M 164M 2.28%
Total Value $977M $2.07B -52.8%
New Positions 37 39 -2
Increased Positions 88 86 +2
Closed Positions 32 23 +9
Reduced Positions 94 82 +12
Total Calls 6 6 -
Total Puts 4 5 -20.0%
PUT/CALL Ratio 0.67 0.83 Bullish

Statistics: ARDX

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Valuation Measures Data as of: --

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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 --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

219 + investors

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

Top 25 institutional holders of ARDX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Clay Northam Wealth Management, LLC 1.12% 331,965 $2.0M
2 PSP Research LLC 0.34% 80,000 $479K
3 CRUX WEALTH ADVISORS 0.08% 35,812 $215K
4 Y-Intercept (Hong Kong) Ltd 0.05% 450,738 $2.7M
5 Inspire Investing, LLC 0.04% 86,818 $520K
6 PROFUND ADVISORS LLC 0.04% 182,061 $1.1M
7 PFG Investments, LLC 0.04% 137,860 $826K
8 Raiffeisen Bank International AG 0.02% 300,000 $1.7M
9 China Universal Asset Management Co., Ltd. 0.02% 43,521 $261K
10 Root Financial Partners, LLC 0.02% 57,539 $345K
11 Richmond Investment Services, LLC 0.01% 12,000 $72K
12 E Fund Management Co., Ltd. 0.01% 51,268 $307K
13 Nuveen, LLC 0.01% 5,234,683 $31.4M
14 Vise Technologies, Inc. 0.01% 57,638 $336K
15 Pallas Capital Advisors LLC 0.01% 25,744 $154K
16 Leonteq Securities AG 0.01% 18,000 $143K
17 Police & Firemen's Retirement System of New Jersey 0.00% 65,211 $391K
18 Krilogy Financial LLC 0.00% 11,124 $70K
19 SBI Securities Co., Ltd. 0.00% 10,276 $62K
20 Hilton Head Capital Partners, LLC 0.00% 409 $2K
21 STRS OHIO 0.00% 55,300 $331K
22 KLP KAPITALFORVALTNING AS 0.00% 51,600 $309K
23 Merit Financial Group, LLC 0.00% 26,367 $158K
24 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% 91,558 $544K
25 True Wealth Design, LLC 0.00% 539 $3K
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 — ARDELYX INC (ARDX)

What does the Smart Money Trend signal show for ARDX?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ARDX 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 ARDX?

Slight buying edge — 50% buying: Last quarter: 112 funds bought or added vs 111 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.

What is the fund quality score for ARDX holders?

Elite ownership — 45% AUM from top-100 funds: 33 of 209 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in ARDX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ARDX?

56% of holders stayed for 2+ years: 117 out of 209 hedge funds have held ARDX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.