RA Capital Management TVTX Position
Exited6-Fund ConvergenceRA Capital Management exited their position in Travere Therapeutics Inc. (TVTX) in Q4 2025, after holding the stock for 5 quarters.
The position was first reported in Q4 2024 and has been tracked across 5 quarterly 13F filings.
TVTX is a convergence signal: 6 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for Pegtibatinase in 75 days (Jun 30, 2026), making the timing of RA Capital's position particularly relevant.
Short interest stands at 14.6% of float with 9.1 days to cover, indicating significant bearish positioning against the stock.
About Travere Therapeutics Inc.
Travere Therapeutics, Inc., a biopharmaceutical company, focuses on the identification, development, commercialization, and delivering of therapies for the treatment of rare diseases. Its marketed products include Chenodal, a synthetic oral form of chenodeoxycholic acid for the treatment of radiolucent stones in gallbladders; Cholbam, a cholic acid capsule to treat pediatric and adult patients with bile acid synthesis disorders due to single enzyme defects, as well as for adjunctive treatment of patients with peroxisomal disorders; and Thiola and Thiola EC, a tiopronin tablet for the treatment of homozygous cystinuria. The company's product candidates also consist of Sparsentan, which is in Phase III clinical trial for the treatment of focal segmental glomerulosclerosis and immunoglobulin A nephropathy; and TVT-058, a novel investigational human enzyme replacement candidate, which is in Phase I/II clinical trials for the treatment of classical homocystinuria. It has a cooperative research and development agreement with National Institutes of Health's National Center for Advancing Translational Sciences and patient advocacy organizations, CDG Care, and Alagille Syndrome Alliance for the identification of potential small molecule therapeutics for NGLY1 deficiency and Alagille syndrome. The company was formerly known as Retrophin, Inc. and changed its name to Travere Therapeutics, Inc. in November 2020. Travere Therapeutics, Inc. was incorporated in 2008 and is headquartered in San Diego, California.
Full company profile →Short Interest
14.6%
9.1 days to cover
RA Capital Management TVTX Position History
Frequently Asked Questions
Does RA Capital Management own TVTX?
No. RA Capital Management exited their position in Travere Therapeutics Inc. (TVTX) in Q4 2025. They previously held the stock for 5 quarters.
How many hedge funds own TVTX?
6 specialist biotech hedge funds currently hold TVTX, including Perceptive Advisors, Deep Track Capital, Rock Springs Capital and 3 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did RA Capital Management first buy TVTX?
RA Capital Management's position in TVTX was first reported in Q4 2024. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is RA Capital Management's TVTX position increasing or decreasing?
RA Capital Management completely exited their TVTX position in the most recent quarter.
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