TRAX First Tracks Biotherapeutics, Inc.

NASDAQ
$39.20

First Tracks Biotherapeutics, Inc. (TRAX) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+100.00
19 buyers / 0 sellers
STRONG BUYING
Funds compared
19
funds with comparable TRAX positions
19 current holders · 0 prior-quarter holders
Net share change
+10.86M
+10.86M added, 0 cut
Position activity
19 new 0 increased 0 reduced 0 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
EcoR1 Capital Growth Healthcare New +3.17M — $63.9M 3.2% 73
Affinity Asset Advisors Long/Short Growth New +2.03M — $40.9M 2.1% 65
Palo Alto Investors Growth Healthcare New +603.5K — $12.1M 1.7% 64
Vestal Point Capital Growth Healthcare New +1.01M — $20.4M 0.5% 61
Point72 Asset Management, L.P. New +408.3K — $8.2M 0.0% 57
Balyasny Asset Management L.P. New +714.9K — $14.4M 0.0% 57
CITADEL ADVISORS LLC Quant New +168.8K — $3.4M 0.0% 56
D. E. Shaw & Co., Inc. Quant New +128.1K — $2.6M 0.0% 56
ADAGE CAPITAL PARTNERS GP, L.L.C. New +729.0K — $14.7M 0.0% 56
Nantahala Capital Management Event Long/Short New +500.0K — $10.1M 0.3% 55

Most significant buyers

By move score, not size.

  • EcoR1 Capital New · +3.17M
  • Affinity Asset Advisors New · +2.03M
  • Palo Alto Investors New · +603.5K
  • Vestal Point Capital New · +1.01M
  • Point72 Asset Management, L.P. New · +408.3K

Most significant sellers

By move score, not size.

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
EcoR1 Capital 2 3.2M 0 +3.17M — 3.2% New 73
Affinity Asset Advisors 2 2.0M 0 +2.03M — 2.1% New 65
Palo Alto Investors 2 603.5K 0 +603.5K — 1.7% New 64
Vestal Point Capital 1 1.0M 0 +1.01M — 0.5% New 61
Point72 Asset Management, L.P. 1 408.3K 0 +408.3K — 0.0% New 57
Balyasny Asset Management L.P. 2 714.9K 0 +714.9K — 0.0% New 57
CITADEL ADVISORS LLC 1 168.8K 0 +168.8K — 0.0% New 56
D. E. Shaw & Co., Inc. 1 128.1K 0 +128.1K — 0.0% New 56
ADAGE CAPITAL PARTNERS GP, L.L.C. 2 729.0K 0 +729.0K — 0.0% New 56
Nantahala Capital Management 3 500.0K 0 +500.0K — 0.3% New 55
Woodline Partners LP 2 917.2K 0 +917.2K — 0.1% New 54
MARSHALL WACE, LLP 2 163.9K 0 +163.9K — 0.0% New 54
ADAR1 Capital Management 3 71.9K 0 +71.9K — 0.1% New 51
Qube Research & Technologies Ltd 2 18.2K 0 +18.2K — 0.0% New 51
Jain Global 3 99.0K 0 +99.0K — 0.0% New 50
AQR Capital Management 3 28.8K 0 +28.8K — 0.0% New 47
J. Goldman & Co. 3 46.8K 0 +46.8K — 0.0% New 46
Boothbay Fund Management 4 13.1K 0 +13.1K — 0.0% New 45
Y-Intercept 4 28.1K 0 +28.1K — 0.0% New 44

Every fund above opens. Subscribers can see any manager's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.