Ownership Profile
Institutional Shareholder Rotation
| Shareholder | Holders | Value Chg ($MM) | % O/S | Share Change |
|---|---|---|---|---|
| Buyers | 167 | 152.03 | 8.77 | 27,009,472 |
| Sellers | 152 | -122.46 | 7.10 | -21,885,325 |
| Net | 29.58 | 1.66 | 5,124,147 |
Buyers
Holders:
167
Value ($MM):
152.03
% O/S:
8.77
Shares Change:
27,009,472
Sellers
Holders:
152
Value ($MM):
-122.46
% O/S:
7.10
Shares Change:
-21,885,325
Net
Holders:
Value ($MM):
29.58
% O/S:
1.66
Shares Change:
5,124,147
Institutional Shareholder Concentration
| Concentration | Value ($MM) | % O/S | Shares |
|---|---|---|---|
| Top 10 Inst. | 536.55 | 30.71 | 94,629,768 |
| Top 20 Inst. | 708.17 | 40.54 | 124,896,915 |
| Top 50 Inst. | 902.56 | 52.20 | 160,826,349 |
| Total Inst. | 1,054.33 | 61.30 | 188,881,954 |
Top 10 Inst.:
Value ($MM):
536.55
% O/S:
30.71
Shares:
94,629,768
Top 20 Inst.:
Value ($MM):
708.17
% O/S:
40.54
Shares:
124,896,915
Top 50 Inst.:
Value ($MM):
902.56
% O/S:
52.20
Shares:
160,826,349
Total Inst.:
Value ($MM):
1,054.33
% O/S:
61.30
Shares:
188,881,954
Institutional Shareholder Style
| Style | Holders | Value ($MM) | Inst Shares: | Shares |
|---|---|---|---|---|
| Growth | 61 | 62.84 | 3.65 | 11,252,929 |
| Aggressive Growth | 4 | 9.52 | 0.55 | 1,680,142 |
| Core Growth | 42 | 45.33 | 2.65 | 8,159,935 |
| Growth | 15 | 7.98 | 0.46 | 1,412,852 |
| Income | 7 | 4.43 | 0.25 | 781,960 |
| Income Value | 4 | 4.30 | 0.25 | 758,008 |
| Yield | 3 | 0.14 | 0.01 | 23,952 |
| Index | 35 | 422.90 | 24.33 | 74,953,970 |
| Other | 119 | 445.11 | 25.52 | 78,619,040 |
| Broker Dealer | 29 | 103.87 | 5.95 | 18,323,495 |
| GARP | 27 | 62.97 | 3.64 | 11,212,206 |
| Hedge Fund | 59 | 228.44 | 13.08 | 40,294,978 |
| Specialty | 1 | 0.10 | 0.01 | 17,917 |
| VC Private Equity | 2 | 49.16 | 2.81 | 8,669,444 |
| Sector Specific | 1 | 0.57 | 0.03 | 101,000 |
| Value | 36 | 69.74 | 4.03 | 12,429,510 |
| Core Value | 27 | 33.86 | 1.96 | 6,025,603 |
| Deep Value | 9 | 35.87 | 2.08 | 6,403,907 |
Growth
Holders:
61
Value ($MM):
62.84
Inst Shares:
3.65
Shares:
11,252,929
Aggressive Growth
Holders:
4
Value ($MM):
9.52
Inst Shares:
0.55
Shares:
1,680,142
Core Growth
Holders:
42
Value ($MM):
45.33
Inst Shares:
2.65
Shares:
8,159,935
Growth
Holders:
15
Value ($MM):
7.98
Inst Shares:
0.46
Shares:
1,412,852
Income
Holders:
7
Value ($MM):
4.43
Inst Shares:
0.25
Shares:
781,960
Income Value
Holders:
4
Value ($MM):
4.30
Inst Shares:
0.25
Shares:
758,008
Yield
Holders:
3
Value ($MM):
0.14
Inst Shares:
0.01
Shares:
23,952
Index
Holders:
35
Value ($MM):
422.90
Inst Shares:
24.33
Shares:
74,953,970
Other
Holders:
119
Value ($MM):
445.11
Inst Shares:
25.52
Shares:
78,619,040
Broker Dealer
Holders:
29
Value ($MM):
103.87
Inst Shares:
5.95
Shares:
18,323,495
GARP
Holders:
27
Value ($MM):
62.97
Inst Shares:
3.64
Shares:
11,212,206
Hedge Fund
Holders:
59
Value ($MM):
228.44
Inst Shares:
13.08
Shares:
40,294,978
Specialty
Holders:
1
Value ($MM):
0.10
Inst Shares:
0.01
Shares:
17,917
VC Private Equity
Holders:
2
Value ($MM):
49.16
Inst Shares:
2.81
Shares:
8,669,444
Sector Specific
Holders:
1
Value ($MM):
0.57
Inst Shares:
0.03
Shares:
101,000
Value
Holders:
36
Value ($MM):
69.74
Inst Shares:
4.03
Shares:
12,429,510
Core Value
Holders:
27
Value ($MM):
33.86
Inst Shares:
1.96
Shares:
6,025,603
Deep Value
Holders:
9
Value ($MM):
35.87
Inst Shares:
2.08
Shares:
6,403,907
Top Holders: Institutional Investor
| Holder | Shares Held | % O/S | Share Change | Filing Date |
|---|---|---|---|---|
| BlackRock Institutional Trust Company, N.A. | 23,796,370 | 7.72 | 458,272 | 12/31/25 |
| The Vanguard Group, Inc. | 17,817,529 | 5.78 | 250,290 | 12/31/25 |
| State Street Investment Management (US) | 14,623,269 | 4.75 | 3,883,071 | 12/31/25 |
| Rubric Capital Management LP | 7,476,495 | 2.43 | -3,938,176 | 12/31/25 |
| Geode Capital Management, L.L.C. | 7,374,138 | 2.39 | -11,375 | 12/31/25 |
| Nitorum Capital, L.P. | 5,325,823 | 1.73 | -1,235,642 | 12/31/25 |
| UBS Financial Services, Inc. | 5,103,097 | 1.66 | -91,642 | 12/31/25 |
| Avoro Capital Advisors LLC | 4,444,444 | 1.44 | -24,433 | 12/31/25 |
| Dimensional Fund Advisors, L.P. | 4,443,603 | 1.44 | 426,921 | 12/31/25 |
| Frazier Life Sciences Management, L.P. | 4,225,000 | 1.37 | 4,225,000 | 12/31/25 |
| Morgan Stanley & Co. LLC | 3,787,469 | 1.23 | 545,393 | 12/31/25 |
| Fidelity Management & Research Company LLC | 3,576,256 | 1.16 | 257,495 | 12/31/25 |
| Citadel Advisors LLC | 3,571,955 | 1.16 | 2,271,398 | 12/31/25 |
| Wellington Management Company, LLP | 3,305,012 | 1.07 | -162,709 | 12/31/25 |
| TSP Capital Management Group, LLC | 2,963,175 | 0.96 | -20,800 | 12/31/25 |
| 180 Wealth Advisors, L.L.C. | 2,958,944 | 0.96 | 86,658 | 12/31/25 |
| BlackRock Financial Management, Inc. | 2,835,376 | 0.92 | -27,448 | 12/31/25 |
| Charles Schwab Investment Management, Inc. | 2,564,526 | 0.83 | -13,796 | 12/31/25 |
| BofA Global Research (US) | 2,362,221 | 0.77 | -585,318 | 12/31/25 |
| Northern Trust Investments, Inc. | 2,342,213 | 0.76 | -57,930 | 12/31/25 |
| Nuveen LLC | 2,125,131 | 0.69 | -488,371 | 12/31/25 |
| Adage Capital Management, L.P. | 1,894,000 | 0.61 | 200,000 | 12/31/25 |
| Susquehanna International Group, LLP | 1,882,234 | 0.61 | 676,784 | 12/31/25 |
| Voloridge Investment Management, LLC | 1,861,046 | 0.60 | 626,878 | 12/31/25 |
| Eversept Partners, LP | 1,852,563 | 0.60 | -190,164 | 12/31/25 |
| Qube Research & Technologies Ltd | 1,831,136 | 0.59 | -768,994 | 12/31/25 |
| Castagna (Michael E) | 1,785,528 | 0.58 | 115,290 | 3/10/26 |
| Renaissance Technologies LLC | 1,757,487 | 0.57 | 906,690 | 12/31/25 |
| Two Sigma Investments, LP | 1,709,809 | 0.56 | -2,144,353 | 12/31/25 |
| EcoR1 Capital, LLC | 1,660,000 | 0.54 | 1,660,000 | 12/31/25 |
| Goldman Sachs & Company, Inc. | 1,434,148 | 0.47 | -3,329 | 12/31/25 |
| Invesco Capital Management LLC | 1,409,994 | 0.46 | -55,793 | 12/31/25 |
| Apis Capital Advisors LLC | 1,200,100 | 0.39 | 1,200,100 | 12/31/25 |
| BlackRock Investment Management, LLC | 1,172,234 | 0.38 | -28,822 | 12/31/25 |
| Axiom Investors | 1,037,704 | 0.34 | 138,304 | 12/31/25 |
| Barclays Bank PLC | 1,025,234 | 0.33 | 179,381 | 12/31/25 |
| Deltec Asset Management, LLC | 974,700 | 0.32 | 251,200 | 12/31/25 |
| Jacobs Levy Equity Management, Inc. | 894,204 | 0.29 | -703,473 | 12/31/25 |
| DWS Investments UK Limited | 837,446 | 0.27 | 366,765 | 12/31/25 |
| Schroder Investment Management Ltd. (SIM) | 825,084 | 0.27 | 339,990 | 12/31/25 |
| Wells Fargo Bank, N.A. | 822,112 | 0.27 | -254,805 | 12/31/25 |
| Healthcare Of Ontario Pension Plan | 707,140 | 0.23 | 707,140 | 12/31/25 |
| Scopia Capital Management LP | 694,961 | 0.23 | -- | 12/31/25 |
| Tross Stuart A | 689,672 | 0.22 | 15,290 | 3/1/26 |
| Apollo Capital Management, L.P. | 664,113 | 0.22 | -- | 12/31/25 |
| UBS Asset Management (UK) Ltd. | 642,588 | 0.21 | 574,979 | 12/31/25 |
| Parkman Healthcare Partners LLC | 640,356 | 0.21 | -15,728 | 12/31/25 |
| AQR Capital Management, LLC | 639,249 | 0.21 | -97,430 | 12/31/25 |
| BlackRock Advisors (UK) Limited | 638,242 | 0.21 | 9,466 | 2/28/26 |
| Thomson (David B) | 621,219 | 0.20 | -- | 12/2/25 |
BlackRock Institutional Trust Company, N.A.
Shares Held:
23,796,370
% O/S:
7.72
Share Change:
458,272
Filing Date:
12/31/25
The Vanguard Group, Inc.
Shares Held:
17,817,529
% O/S:
5.78
Share Change:
250,290
Filing Date:
12/31/25
State Street Investment Management (US)
Shares Held:
14,623,269
% O/S:
4.75
Share Change:
3,883,071
Filing Date:
12/31/25
Rubric Capital Management LP
Shares Held:
7,476,495
% O/S:
2.43
Share Change:
-3,938,176
Filing Date:
12/31/25
Geode Capital Management, L.L.C.
Shares Held:
7,374,138
% O/S:
2.39
Share Change:
-11,375
Filing Date:
12/31/25
Nitorum Capital, L.P.
Shares Held:
5,325,823
% O/S:
1.73
Share Change:
-1,235,642
Filing Date:
12/31/25
UBS Financial Services, Inc.
Shares Held:
5,103,097
% O/S:
1.66
Share Change:
-91,642
Filing Date:
12/31/25
Avoro Capital Advisors LLC
Shares Held:
4,444,444
% O/S:
1.44
Share Change:
-24,433
Filing Date:
12/31/25
Dimensional Fund Advisors, L.P.
Shares Held:
4,443,603
% O/S:
1.44
Share Change:
426,921
Filing Date:
12/31/25
Frazier Life Sciences Management, L.P.
Shares Held:
4,225,000
% O/S:
1.37
Share Change:
4,225,000
Filing Date:
12/31/25
Morgan Stanley & Co. LLC
Shares Held:
3,787,469
% O/S:
1.23
Share Change:
545,393
Filing Date:
12/31/25
Fidelity Management & Research Company LLC
Shares Held:
3,576,256
% O/S:
1.16
Share Change:
257,495
Filing Date:
12/31/25
Citadel Advisors LLC
Shares Held:
3,571,955
% O/S:
1.16
Share Change:
2,271,398
Filing Date:
12/31/25
Wellington Management Company, LLP
Shares Held:
3,305,012
% O/S:
1.07
Share Change:
-162,709
Filing Date:
12/31/25
TSP Capital Management Group, LLC
Shares Held:
2,963,175
% O/S:
0.96
Share Change:
-20,800
Filing Date:
12/31/25
180 Wealth Advisors, L.L.C.
Shares Held:
2,958,944
% O/S:
0.96
Share Change:
86,658
Filing Date:
12/31/25
BlackRock Financial Management, Inc.
Shares Held:
2,835,376
% O/S:
0.92
Share Change:
-27,448
Filing Date:
12/31/25
Charles Schwab Investment Management, Inc.
Shares Held:
2,564,526
% O/S:
0.83
Share Change:
-13,796
Filing Date:
12/31/25
BofA Global Research (US)
Shares Held:
2,362,221
% O/S:
0.77
Share Change:
-585,318
Filing Date:
12/31/25
Northern Trust Investments, Inc.
Shares Held:
2,342,213
% O/S:
0.76
Share Change:
-57,930
Filing Date:
12/31/25
Nuveen LLC
Shares Held:
2,125,131
% O/S:
0.69
Share Change:
-488,371
Filing Date:
12/31/25
Adage Capital Management, L.P.
Shares Held:
1,894,000
% O/S:
0.61
Share Change:
200,000
Filing Date:
12/31/25
Susquehanna International Group, LLP
Shares Held:
1,882,234
% O/S:
0.61
Share Change:
676,784
Filing Date:
12/31/25
Voloridge Investment Management, LLC
Shares Held:
1,861,046
% O/S:
0.60
Share Change:
626,878
Filing Date:
12/31/25
Eversept Partners, LP
Shares Held:
1,852,563
% O/S:
0.60
Share Change:
-190,164
Filing Date:
12/31/25
Qube Research & Technologies Ltd
Shares Held:
1,831,136
% O/S:
0.59
Share Change:
-768,994
Filing Date:
12/31/25
Castagna (Michael E)
Shares Held:
1,785,528
% O/S:
0.58
Share Change:
115,290
Filing Date:
3/10/26
Renaissance Technologies LLC
Shares Held:
1,757,487
% O/S:
0.57
Share Change:
906,690
Filing Date:
12/31/25
Two Sigma Investments, LP
Shares Held:
1,709,809
% O/S:
0.56
Share Change:
-2,144,353
Filing Date:
12/31/25
EcoR1 Capital, LLC
Shares Held:
1,660,000
% O/S:
0.54
Share Change:
1,660,000
Filing Date:
12/31/25
Goldman Sachs & Company, Inc.
Shares Held:
1,434,148
% O/S:
0.47
Share Change:
-3,329
Filing Date:
12/31/25
Invesco Capital Management LLC
Shares Held:
1,409,994
% O/S:
0.46
Share Change:
-55,793
Filing Date:
12/31/25
Apis Capital Advisors LLC
Shares Held:
1,200,100
% O/S:
0.39
Share Change:
1,200,100
Filing Date:
12/31/25
BlackRock Investment Management, LLC
Shares Held:
1,172,234
% O/S:
0.38
Share Change:
-28,822
Filing Date:
12/31/25
Axiom Investors
Shares Held:
1,037,704
% O/S:
0.34
Share Change:
138,304
Filing Date:
12/31/25
Barclays Bank PLC
Shares Held:
1,025,234
% O/S:
0.33
Share Change:
179,381
Filing Date:
12/31/25
Deltec Asset Management, LLC
Shares Held:
974,700
% O/S:
0.32
Share Change:
251,200
Filing Date:
12/31/25
Jacobs Levy Equity Management, Inc.
Shares Held:
894,204
% O/S:
0.29
Share Change:
-703,473
Filing Date:
12/31/25
DWS Investments UK Limited
Shares Held:
837,446
% O/S:
0.27
Share Change:
366,765
Filing Date:
12/31/25
Schroder Investment Management Ltd. (SIM)
Shares Held:
825,084
% O/S:
0.27
Share Change:
339,990
Filing Date:
12/31/25
Wells Fargo Bank, N.A.
Shares Held:
822,112
% O/S:
0.27
Share Change:
-254,805
Filing Date:
12/31/25
Healthcare Of Ontario Pension Plan
Shares Held:
707,140
% O/S:
0.23
Share Change:
707,140
Filing Date:
12/31/25
Scopia Capital Management LP
Shares Held:
694,961
% O/S:
0.23
Share Change:
--
Filing Date:
12/31/25
Tross Stuart A
Shares Held:
689,672
% O/S:
0.22
Share Change:
15,290
Filing Date:
3/1/26
Apollo Capital Management, L.P.
Shares Held:
664,113
% O/S:
0.22
Share Change:
--
Filing Date:
12/31/25
UBS Asset Management (UK) Ltd.
Shares Held:
642,588
% O/S:
0.21
Share Change:
574,979
Filing Date:
12/31/25
Parkman Healthcare Partners LLC
Shares Held:
640,356
% O/S:
0.21
Share Change:
-15,728
Filing Date:
12/31/25
AQR Capital Management, LLC
Shares Held:
639,249
% O/S:
0.21
Share Change:
-97,430
Filing Date:
12/31/25
BlackRock Advisors (UK) Limited
Shares Held:
638,242
% O/S:
0.21
Share Change:
9,466
Filing Date:
2/28/26
Thomson (David B)
Shares Held:
621,219
% O/S:
0.20
Share Change:
--
Filing Date:
12/2/25
* Insider values reflect direct beneficial ownership.
Source: LSEG
