Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ERASCA INC (ERAS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
1Q ▲
Buyers last Q
53%

Smart Money Signals — ERAS

Based on 154 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ERAS 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
154 hedge funds hold ERAS 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 — +8% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

78 buying70 selling
Last quarter: 78 funds bought or added vs 70 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 (+18 vs last Q)

new funds entering per quarter
Funds opening a new ERAS position: 28 → 25 → 16 → 34. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 35% medium ■ 24% new
63 out of 154 hedge funds have held ERAS 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.
💰

Price up while funds trimmed (+67% value, -2% shares)

Value
+66%
Shares
-2%
Last quarter: total value of institutional ERAS holdings rose +67% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~34 new funds/quarter

26 → 28 → 25 → 16 → 34 new funds/Q
New funds entering each quarter: 28 → 25 → 16 → 34. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 49% of holders stayed 2+ years

■ 49% veterans ■ 19% 1-2yr ■ 31% new
Of 159 current holders: 78 (49%) 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.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
41 of 154 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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.

Institutional Sentiment Summary — ERAS

In 2025 Q4, 78 hedge funds were net buyers of ERAS (34 opened a new position, 44 added to an existing one), while 70 reduced or exited (50 trimmed, 20 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 22% of total institutional value in ERAS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 154.

Hedge Fund Ownership: ERAS

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

Market Analysis: ERAS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ERAS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 3 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: ERAS
2026 Q1 Stats Unlock in 3 days 157 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 157 142 10.56%
13F Shares 211M 215M -2.17%
Total Value $783M $469M 66.92%
New Positions 34 15 +19
Increased Positions 53 43 +10
Closed Positions 19 18 +1
Reduced Positions 52 49 +3
Total Calls 4 3 33.33%
Total Puts 2 2 -
PUT/CALL Ratio 0.5 0.67 Bullish

Statistics: ERAS

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Institutional Holders (2026 Q1)

157 + investors

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

QUARTER:
Top 25 institutional holders of ERAS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ARCH Venture Management, LLC 16.95% 7,091,557 $114.7M
2 Vivo Capital, LLC 16.41% 12,151,480 $196.6M
3 5AM Venture Management, LLC 15.66% 3,485,971 $56.4M
4 Frazier Life Sciences Management, L.P. 10.27% 24,675,188 $399.2M
5 Venrock Adviser, LLC 9.89% 16,382,812 $265.1M
6 Logos Global Management LP 9.01% 11,150,000 $180.4M
7 Siren, L.L.C. 5.04% 11,244,246 $181.9M
8 Cormorant Asset Management, LP 4.71% 5,800,000 $93.8M
9 Affinity Asset Advisors, LLC 4.47% 5,350,000 $86.6M
10 KVP Capital Advisors, LP 4.11% 340,000 $5.5M
11 ACUTA CAPITAL PARTNERS, LLC 4.05% 354,575 $5.7M
12 a16z Capital Management, L.L.C. 3.59% 2,862,500 $46.3M
13 Paradigm Biocapital Advisors LP 3.44% 10,392,702 $168.2M
14 SILVERARC CAPITAL MANAGEMENT, LLC 3.06% 1,851,812 $30.0M
15 Commodore Capital LP 2.97% 3,175,000 $51.4M
16 RTW INVESTMENTS, LP 2.60% 16,157,175 $261.4M
17 Spruce Street Capital LP 1.64% 422,543 $6.8M
18 First Turn Management, LLC 1.57% 867,639 $14.0M
19 SUVRETTA CAPITAL MANAGEMENT, LLC 1.42% 3,434,967 $55.6M
20 Seven Fleet Capital Management LP 1.14% 222,468 $3.6M
21 Rock Springs Capital Management LP 1.05% 1,103,469 $17.9M
22 HighVista Strategies LLC 0.81% 181,069 $2.9M
23 STEMPOINT CAPITAL LP 0.75% 239,861 $3.9M
24 Parkman Healthcare Partners LLC 0.68% 406,702 $6.6M
25 EcoR1 Capital, LLC 0.62% 900,000 $14.6M
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 — ERASCA INC (ERAS)

What does the Smart Money Trend signal show for ERAS?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ERAS 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 ERAS?

Slight buying edge — 53% buying: Last quarter: 78 funds bought or added vs 70 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 ERAS holders?

Strong quality — 22% AUM from major funds: 41 of 154 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ERAS?

41% of holders stayed for 2+ years: 63 out of 154 hedge funds have held ERAS 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.