Driehaus Capital Management Reduces $2M in Scholar Rock Holding Corporation ($SRRK)
Driehaus Capital trimmed its SRRK holdings by 1.67%, now holding 1.92 million shares.
Key Points
- Driehaus Capital Management reduced its position in SRRK by 32,644 shares, a 1.67% decrease, bringing its total to 1.92 million shares valued at $100.5 million.
- Shares of SRRK traded near $52.33 on Thursday with a 52-week range between $32.43 and $72.50.
- Analysts like Barclays and HC Wainwright & Co. have maintained 'buy' ratings on SRRK with targets ranging from $50 to $70.
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Driehaus Capital Management has trimmed its stake in SRRK, reducing its holdings by 32,644 shares, which is a 1.67% decrease. As of the latest SEC filing on May 15, 2026, the fund now holds 1,920,233 shares valued at approximately $100.5 million.
Driehaus Capital Management vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Driehaus Capital Management's SRRK Position
Driehaus Capital Management cut its position in SRRK by 32,644 shares, moving from 1,952,877 shares to 1,920,233 shares. The value of its holdings now stands at about $100.5 million.
Other Institutional Activity in SRRK
FMR LLC increased its holdings in SRRK by 1,862,477 shares, ending with 17,243,152 shares worth around $847.7 million, reflecting a 12.1% increase. REDMILE GROUP, LLC significantly boosted its position by 3,845,775 shares, a 73.7% increase, to a total of 9,066,621 shares valued at $445.7 million. BLACKROCK, INC. added 252,259 shares, a 3.5% increase, bringing its total to 7,469,293 shares valued at $367.2 million. Meanwhile, SIREN, L.L.C. and SAMSARA BIOCAPITAL, LLC maintained their positions without any change.
Scholar Rock Holding Corporation Stock Down 9.5%
Shares of SRRK traded near $52.33 on Thursday. The stock has a 52-week low of $32.43 and a high of $72.50. It has a 50-day moving average of $50.00 and a 200-day moving average of $55.00.
$SRRK stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Scholar Rock Holding Corporation
On June 4, 2026, several insiders, including Michael Gilman, Jeffrey Flier, Kristina Burow, Katie Peng, and Joshua Reed, each bought shares of SRRK. Kristina Burow and Katie Peng each acquired 6,839 shares, while the others bought 4,310 shares. These transactions were not part of a Rule 10b5-1 plan.
Analysts Set New Price Targets
On May 8, 2026, Barclays maintained a 'buy' rating for SRRK with a price target of $55. HC Wainwright & Co. also maintained a 'buy' rating, setting a target at $65. Earlier, Canaccord Genuity initiated coverage with a 'buy' rating and a $62 target on April 21, 2026. The consensus among analysts is a 'buy' rating with a mean target price of $60.
Bottom Line
Driehaus Capital Management's reduction in its SRRK position is part of the latest institutional moves tracked by investors. These 13F filings provide a backward-looking snapshot of fund activities and may not reflect current positions. Investors keep a close eye on such filings to gauge institutional sentiment and market trends.
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