Ken Fisher’s 5 New Stock Picks

4. Scholar Rock Holding Corporation (NASDAQ:SRRK)

Ken Fisher’s Stake: $1,063,000

Massachusetts-based biopharmaceutical company Scholar Rock Holding Corporation (NASDAQ:SRRK) ranks 4th in our list of the top new stocks bought by Ken Fisher during the second quarter of 2023. Ken Fisher’s hedge fund bought a $1.1 million stake in Scholar Rock Holding Corporation (NASDAQ:SRRK). Earlier in August Scholar Rock Holding Corporation (NASDAQ:SRRK) posted Q2 results.

GAAP EPS in the quarter came in at -$0.47 beating estimates by $0.09.

As of the end of the second quarter of 2023, 16 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Scholar Rock Holding Corporation (NASDAQ:SRRK). The biggest stakeholder of Scholar Rock Holding Corporation (NASDAQ:SRRK) was Srini Akkaraju and Michael Dybbs’s Samsara BioCapital which owns a $35 million stake in the company.