Deerfield Management INSM Position
Exited11-Fund ConvergenceDeerfield Management exited their position in Insmed Incorporated (INSM) in Q1 2024, after holding the stock for 5 quarters.
The position was first reported in Q1 2023 and has been tracked across 5 quarterly 13F filings.
INSM is a convergence signal: 11 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 3 readout for Treprostinil Palmitil in 259 days (Dec 31, 2026), making the timing of Deerfield's position particularly relevant.
About Insmed Incorporated
Insmed Incorporated, a biopharmaceutical company, develops and commercializes therapies for patients with serious and rare diseases. The company offers ARIKAYCE for the treatment of Mycobacterium avium complex lung disease as part of a combination antibacterial drug regimen for adult patients. It is also developing Brensocatib, an oral reversible inhibitor of dipeptidyl peptidase 1 for the treatment of patients with bronchiectasis and other neutrophil-mediated diseases; and Treprostinil Palmitil Inhalation Powder, an inhaled formulation of a treprostinil prodrug treprostinil palmitil for the treatment of pulmonary arterial hypertension and other rare pulmonary disorders. Insmed Incorporated was founded in 1988 and is headquartered in Bridgewater, New Jersey.
Full company profile →Short Interest
5.2%
4.5 days to cover
Deerfield Management INSM Position History
Frequently Asked Questions
Does Deerfield Management own INSM?
No. Deerfield Management exited their position in Insmed Incorporated (INSM) in Q1 2024. They previously held the stock for 5 quarters.
How many hedge funds own INSM?
11 specialist biotech hedge funds currently hold INSM, including Baker Bros. Advisors, RTW Investments, Deep Track Capital and 8 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Deerfield Management first buy INSM?
Deerfield Management's position in INSM was first reported in Q1 2023. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Deerfield Management's INSM position increasing or decreasing?
Deerfield Management completely exited their INSM position in the most recent quarter.
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