Which funds own BIIB
Biogen Inc in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $5.0bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 4
- at least, of 91 current
- Combined value
- $5.0bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 2
- 2 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Fidelity (FMR LLC) Long-only · $2304bn book | $3.9bn | 0.2% | 18,217,239 | +$1.6bn+5,409,698 | Added |
| Wellington Management Group LLP Long-only · $580bn book | $674m | 0.1% | 3,117,469 | +$131m+155,828 | Added |
| AQR Capital Management LLC Quantitative · $287bn book | $417m | 0.1% | 1,936,859 | +$71m+13,302 | Added |
| Farallon Capital Management LLC Long/short equity · $21.7bn book | $15m | 0.1% | 71,000 | opened71,000 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Glenview Capital Management LLC · Long/short equity$11m held before
- Schonfeld Strategic Advisors LLC · Multi-strategy$9.0m held before
Ownership through time
At least 12 of the 95 managers whose filings are on file listed BIIB in Q2 2026, against 23 in Q2 2013. 4 managers fewer than in Q1 2026: 2 started positions; 1 listed it again; 2 sold out, by their own filings; 5 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 23
- Q3 2013: 20
- Q4 2013: 20
- Q1 2014: 20
- Q2 2014: 18
- Q3 2014: 23
- Q4 2014: 22
- Q1 2015: 24
- Q2 2015: 23
- Q3 2015: 23
- Q4 2015: 27
- Q1 2016: 27
- Q2 2016: 24
- Q3 2016: 29
- Q4 2016: 31
- Q1 2017: 25
- Q2 2017: 28
- Q3 2017: 24
- Q4 2017: 22
- Q1 2018: 28
- Q2 2018: 25
- Q3 2018: 28
- Q4 2018: 28
- Q1 2019: 22
- Q2 2019: 28
- Q3 2019: 28
- Q4 2019: 27
- Q1 2020: 25
- Q2 2020: 29
- Q3 2020: 25
- Q4 2020: 22
- Q1 2021: 18
- Q2 2021: 25
- Q3 2021: 23
- Q4 2021: 25
- Q1 2022: 29
- Q2 2022: 25
- Q3 2022: 33
- Q4 2022: 28
- Q1 2023: 30
- Q2 2023: 23
- Q3 2023: 21
- Q4 2023: 17
- Q1 2024: 16
- Q2 2024: 14
- Q3 2024: 17
- Q4 2024: 20
- Q1 2025: 22
- Q2 2025: 20
- Q3 2025: 21
- Q4 2025: 20
- Q1 2026: 16
- Q2 2026: 12
- Q2 2013: $12.7bn
- Q3 2013: $14.3bn
- Q4 2013: $16.1bn
- Q1 2014: $16.8bn
- Q2 2014: $16.8bn
- Q3 2014: $16.4bn
- Q4 2014: $15.7bn
- Q1 2015: $20.3bn
- Q2 2015: $20.3bn
- Q3 2015: $12.2bn
- Q4 2015: $11.9bn
- Q1 2016: $10.3bn
- Q2 2016: $9.5bn
- Q3 2016: $11.6bn
- Q4 2016: $10.9bn
- Q1 2017: $9.2bn
- Q2 2017: $9.8bn
- Q3 2017: $11.6bn
- Q4 2017: $11.8bn
- Q1 2018: $9.6bn
- Q2 2018: $8.9bn
- Q3 2018: $10.6bn
- Q4 2018: $9.0bn
- Q1 2019: $7.4bn
- Q2 2019: $7.2bn
- Q3 2019: $7.1bn
- Q4 2019: $7.7bn
- Q1 2020: $7.3bn
- Q2 2020: $5.1bn
- Q3 2020: $5.1bn
- Q4 2020: $4.6bn
- Q1 2021: $4.7bn
- Q2 2021: $5.4bn
- Q3 2021: $3.3bn
- Q4 2021: $3.7bn
- Q1 2022: $3.7bn
- Q2 2022: $3.4bn
- Q3 2022: $5.2bn
- Q4 2022: $5.0bn
- Q1 2023: $5.1bn
- Q2 2023: $4.4bn
- Q3 2023: $2.9bn
- Q4 2023: $2.8bn
- Q1 2024: $2.5bn
- Q2 2024: $2.5bn
- Q3 2024: $2.6bn
- Q4 2024: $2.6bn
- Q1 2025: $2.4bn
- Q2 2025: $2.5bn
- Q3 2025: $2.8bn
- Q4 2025: $3.9bn
- Q1 2026: $3.9bn
- Q2 2026: $5.8bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Fidelity (FMR LLC)12,807,541 to 18,217,239 shares+$1.2bn
- Wellington Management Group LLP2,961,641 to 3,117,469 shares+$34m
- Freestone Grove Partners LPnew: 83,853 shares+$18m
- Farallon Capital Management LLCnew: 71,000 shares+$15m
- MFS Investment Management720,629 to 744,892 shares+$5.3m
Largest decreases, by shares
- Balyasny Asset Management LLC650,046 to 265,090 shares-$83m
- Man Group PLC318,745 to 196,222 shares-$26m
- Acadian Asset Management LLC248,489 to 129,878 shares-$26m
- Hudson Bay Capital Management LP201,367 to 90,000 shares-$24m
Left it
- Glenview Capital Management LLCwas $10m
- PDT Partners LLCwas $430k
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q2 2013 | $9.3bn | $3.9bn | |
| Wellington Management Group LLP | Q2 2013 | $2.0bn | $674m | |
| AQR Capital Management LLC | Q2 2013 | $1.1bn | $417m | |
| Invesco Ltd | Q2 2013 | $1.5bn | $390m | |
| MFS Investment Management | Q2 2013 | $658m | $163m | |
| Balyasny Asset Management LLC | Q4 2014 | $174m | $57m | |
| Man Group PLC | Q1 2018 | $211m | $42m | |
| Acadian Asset Management LLC | Q3 2016 | $149m | $28m | |
| Woodline Partners LP | Q1 2021 | $40m | $24m | |
| Hudson Bay Capital Management LP | Q3 2016 | $58m | $19m | |
| Freestone Grove Partners LP | Q2 2025 | $33m | $18m | |
| Farallon Capital Management LLC | Q2 2017 | $172m | $15m | |
| T. Rowe Price Associates Inc | Q2 2013 | $4.6bn | last listed Q1 2025 | |
| Capital Research Global Investors | Q2 2013 | $2.6bn | last listed Q4 2014 | |
| Renaissance Technologies LLC | Q2 2013 | $1.4bn | last listed Q1 2026 | |
| Capital World Investors | Q2 2013 | $1.2bn | last listed Q1 2024 | |
| AllianceBernstein LP | Q2 2013 | $1.1bn | last listed Q3 2023 | |
| Viking Global Investors LP | Q2 2013 | $776m | last listed Q1 2017 | |
| Arrowstreet Capital LP | Q2 2017 | $718m | last listed Q3 2025 | |
| D. E. Shaw & Co. | Q2 2013 | $641m | last listed Q2 2025 | |
| Point72 Asset Management LP | Q1 2015 | $543m | last listed Q1 2026 | |
| Janus Henderson Group Ltd | Q2 2013 | $487m | last listed Q1 2022 |
What BIIB is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around BIIB →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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