Hhr Asset Management Llc decreased its stake in Athenahealth Inc (NASDAQ:ATHN) by 14.79% based on its latest Q3 2015 regulatory filing with the SEC. Hhr Asset Management Llc sold 138,100 shares as the company’s stock rose 16.59% while stock markets declined. The hedge fund held 795,800 shares of the miscellaneous company at the end of Q3, valued at $106.12 million, down from 933,900 at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Athenahealth Inc since many months, could be less bullish the $6.19 billion market cap company. The stock decreased 2.61% or $4.27 on December 11, hitting $159.31. About 474,723 shares traded hands or 2.94% up from the average. athenahealth, Inc (NASDAQ:ATHN) has risen 36.00% since May 11, 2015 and is uptrending. It has outperformed by 40.42% the S&P500.
Hhr Asset Management Llc, which manages about $2.77 billion and $2.36B US Long portfolio, upped its stake in Ptc Inc (NASDAQ:PTC) by 428,708 shares to 1.04 million shares, valued at $32.88M in Q3, according to the filing. It also increased its holding in Tesla Mtrs Inc (NASDAQ:TSLA) by 46,660 shares in the quarter, for total 488,021 shares, and risen its stake in Baidu Inc (NASDAQ:BIDU).
Hhr Asset Management Llc is a New Jersey-based hedge fund with more than $2.77 billion AUM in March, 2014. Taken from Hhr Asset Management latest Adv, the fund reported to have 10 full and part-time employees. Among which 5 performing investment advisory and research functions. The hedge fund had between 11-25 clients.