Which funds own ONC
Beone Medicines LTD in the Q2 2026 filings. At least 2 of the 91 current managers on file reported a position, worth $729m 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
- 2
- at least, of 91 current
- Combined value
- $729m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 2
- 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 |
|---|---|---|---|---|---|
| Capital World Investors Long-only · $846bn book | $641m | 0.1% | 2,249,582 | +$159m+626,895 | Added |
| Man Group PLC Quantitative · $62.7bn book | $88m | 0.1% | 307,463 | +$16m+65,541 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Rokos Capital Management LLP · Macro$4.3m held before
- Farallon Capital Management LLC · Long/short equity$300k held before
Ownership through time
At least 12 of the 95 managers whose filings are on file listed ONC in Q2 2026, against 2 in Q1 2016. 3 managers more than in Q1 2026: 1 started a position; 4 listed it again; 2 sold out, by their own filings.
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.
- Q1 2016: 2
- Q2 2016: 1
- Q3 2016: 1
- Q4 2016: 1
- Q1 2017: 1
- Q2 2017: 1
- Q3 2017: 4
- Q4 2017: 3
- Q1 2018: 7
- Q2 2018: 8
- Q3 2018: 9
- Q4 2018: 5
- Q1 2019: 3
- Q2 2019: 4
- Q3 2019: 3
- Q4 2019: 4
- Q1 2020: 3
- Q2 2020: 5
- Q3 2020: 5
- Q4 2020: 9
- Q1 2021: 9
- Q2 2021: 9
- Q3 2021: 6
- Q4 2021: 6
- Q1 2022: 4
- Q2 2022: 4
- Q3 2022: 5
- Q4 2022: 6
- Q1 2023: 7
- Q2 2023: 6
- Q3 2023: 4
- Q4 2023: 2
- Q1 2024: 4
- Q2 2024: 7
- Q3 2024: 7
- Q4 2024: 4
- Q1 2025: 14
- Q2 2025: 6
- Q3 2025: 8
- Q4 2025: 9
- Q1 2026: 9
- Q2 2026: 12
- Q1 2016: $3.0m
- Q2 2016: $2.0m
- Q3 2016: $2.1m
- Q4 2016: $2.1m
- Q1 2017: $2.6m
- Q2 2017: $3.3m
- Q3 2017: $812m
- Q4 2017: $822m
- Q1 2018: $2.0bn
- Q2 2018: $1.7bn
- Q3 2018: $2.1bn
- Q4 2018: $1.3bn
- Q1 2019: $1.1bn
- Q2 2019: $1.0bn
- Q3 2019: $1.1bn
- Q4 2019: $1.3bn
- Q1 2020: $993m
- Q2 2020: $1.7bn
- Q3 2020: $2.9bn
- Q4 2020: $2.9bn
- Q1 2021: $4.7bn
- Q2 2021: $4.2bn
- Q3 2021: $4.4bn
- Q4 2021: $3.2bn
- Q1 2022: $2.0bn
- Q2 2022: $1.5bn
- Q3 2022: $1.2bn
- Q4 2022: $2.1bn
- Q1 2023: $1.8bn
- Q2 2023: $1.5bn
- Q3 2023: $1.7bn
- Q4 2023: $1.0bn
- Q1 2024: $926m
- Q2 2024: $949m
- Q3 2024: $1.6bn
- Q4 2024: $1.3bn
- Q1 2025: $3.4bn
- Q2 2025: $1.3bn
- Q3 2025: $2.1bn
- Q4 2025: $1.8bn
- Q1 2026: $2.1bn
- Q2 2026: $2.5bn
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
- Capital World Investors1,622,687 to 2,249,582 shares+$179m
- Citadel Advisors LLC1,032,298 to 1,425,517 shares+$112m
- Man Group PLC241,922 to 307,463 shares+$19m
- Woodline Partners LPnew: 54,064 shares+$15m
- Marshall Wace LLP172,643 to 177,987 shares+$1.5m
Largest decreases, by shares
- Fidelity (FMR LLC)3,693,610 to 2,478,527 shares-$346m
- Artisan Partners LP137,216 to 115,374 shares-$6.2m
Left it
- Rokos Capital Management LLPwas $4.3m
- Farallon Capital Management LLCwas $327k
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q3 2017 | $1.5bn | $706m | |
| Capital World Investors | Q1 2018 | $641m | $641m | |
| Citadel Advisors LLC | Q1 2025 | $406m | $406m | |
| T. Rowe Price Associates Inc | Q1 2018 | $739m | $216m | |
| Millennium Management LLC | Q2 2026 | $155m | $155m | |
| Man Group PLC | Q1 2025 | $88m | $88m | |
| Two Sigma Investments LP | Q1 2025 | $82m | $82m | |
| Arrowstreet Capital LP | Q2 2018 | $71m | $71m | |
| Marshall Wace LLP | Q3 2018 | $130m | $51m | |
| Artisan Partners LP | Q3 2022 | $85m | $33m | |
| Woodline Partners LP | Q1 2023 | $20m | $15m | |
| Baillie Gifford & Co | Q1 2016 | $1.5bn | $66k | |
| Invesco Ltd | Q2 2020 | $1.1bn | last listed Q3 2023 | |
| Wellington Management Group LLP | Q3 2017 | $588m | last listed Q4 2021 | |
| Capital Research Global Investors | Q3 2018 | $315m | last listed Q3 2018 | |
| Janus Henderson Group Ltd | Q1 2018 | $159m | last listed Q4 2018 | |
| Point72 Asset Management LP | Q2 2024 | $150m | last listed Q1 2025 | |
| Bridgewater Associates LP | Q4 2020 | $72m | last listed Q2 2023 | |
| AllianceBernstein LP | Q3 2017 | $58m | last listed Q2 2020 | |
| AQR Capital Management LLC | Q4 2020 | $29m | last listed Q4 2021 | |
| Voloridge Investment Management LLC | Q1 2018 | $28m | last listed Q3 2025 | |
| Walleye Capital LLC | Q1 2025 | $20m | last listed Q1 2025 |
What ONC 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 ONC →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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