Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Biomarin Pharmaceutical Inc (BMRN)

554 + Investors. Track Smart Money conviction in BMRN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
2Q ▲
Buyers last Q
52%

Smart Money Signals — BMRN

Based on 558 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BMRN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
558 hedge funds hold BMRN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
22 fewer hedge funds hold BMRN compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 52% buying

301 buying282 selling
Last quarter: 301 funds bought or added vs 282 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~90 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 76 → 105 → 90 → 90. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 20% medium ■ 20% new
336 out of 558 hedge funds have held BMRN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~90 new funds/quarter

89 → 76 → 105 → 90 → 90 new funds/Q
New funds entering each quarter: 76 → 105 → 90 → 90. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 22% newcomers

■ 65% veterans ■ 14% 1-2yr ■ 22% new
Entry-cohort mix of 577 holders: 373 (65%) are 2+ year veterans, 79 entered 1–2 years ago, and 125 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
64 of 555 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in BMRN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BMRN

In 2026 Q2, 301 hedge funds were net buyers of BMRN (90 opened a new position, 211 added to an existing one), while 282 reduced or exited (194 trimmed, 88 sold completely) — a 52% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 61% of total institutional value in BMRN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 558.

Hedge Fund Ownership: BMRN

How many hedge funds hold BMRN — quarterly history vs. share price
Quarterly hedge fund ownership of BMRN vs. share price

Market Analysis: BMRN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BMRN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Biomarin Pharmaceutical Inc (BMRN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BMRN has moved relative to its sector benchmark (XLV) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 92d ago
BMRN
+4.0%
XLV
+8.0%

BMRN outperformed XLV by -4.0% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 47d ago
BMRN
-11.6%
XLV
+2.4%

Since the filing became public, BMRN outperformed XLV by -14.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 9 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
4.4
/ 10
conviction
Hedge Fund Positioning: BMRN
554 + Investors

Track Smart Money conviction in BMRN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 554 556 -0.36%
13F Shares 207M 189M 9.85%
Total Value $11.17B $10.46B 6.8%
New Positions 90 90 -
Increased Positions 201 207 -6
Closed Positions 89 72 +17
Reduced Positions 189 166 +23
Total Calls 15 15 -
Total Puts 7 10 -30.0%
PUT/CALL Ratio 0.47 0.67 Bullish

Statistics: BMRN

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

554 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BMRN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BMRN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Jones Hill Capital LP 17.42% 1,431,590 $81.9M
2 Vestal Point Capital, LP 8.06% 6,025,000 $344.8M
3 Boone Capital Management LLC 7.81% 583,219 $33.4M
4 Ishara Investments LP 6.03% 143,500 $8.2M
5 Eagle Health Investments LP 5.92% 624,676 $35.7M
6 Palo Alto Investors LP 5.40% 682,777 $39.1M
7 Defilade Capital Management, L.P. 5.22% 682,005 $39.0M
8 Trails Edge Capital Partners, LP 4.65% 512,000 $29.3M
9 Sector Gamma As 3.66% 294,918 $16.9M
10 Motley Fool Wealth Management, LLC 3.07% 3,533 $202K
11 Deep Track Capital, LP 2.75% 3,307,481 $189.3M
12 Sphera Funds Management LTD. 2.45% 328,550 $18.8M
13 Diadema Partners LP 2.26% 312,846 $17.9M
14 Rhenman & Partners Asset Management AB 1.57% 290,500 $16.6M
15 ARGA Investment Management, LP 1.52% 1,039,409 $59.5M
16 Stonepine Capital Management, LLC 1.46% 50,000 $3.1M
17 Persistent Asset Partners Ltd 1.36% 79,933 $4.6M
18 Viking Global Investors LP 1.24% 7,616,563 $435.8M
19 Sofinnova Investments, Inc. 1.06% 358,568 $20.5M
20 Paragon Capital Management Inc 1.03% 24,200 $1.4M
21 Redmile Group, LLC 1.02% 265,169 $15.2M
22 Easterly Investment Partners LLC 0.96% 329,387 $18.8M
23 Monaco Asset Management SAM 0.84% 184,937 $10.6M
24 Cascade Investment Advisors, Inc. 0.83% 26,465 $1.5M
25 Deerfield Management Company, L.P. 0.80% 1,332,836 $76.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Biomarin Pharmaceutical Inc (BMRN)

What does the Smart Money Trend signal show for BMRN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BMRN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BMRN?

Slight buying edge — 52% buying: Last quarter: 301 funds bought or added vs 282 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BMRN holders?

Elite ownership — 61% AUM from top-100 funds: 64 of 555 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in BMRN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BMRN?

60% of holders stayed for 2+ years: 336 out of 558 hedge funds have held BMRN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Biomarin Pharmaceutical Inc (BMRN) following the 2026 Q2 hedge fund 13F filings?

As of today, BMRN has moved -11.6% since the 2026 Q2 13F filing date (August 14, 2026), compared to +2.4% for the XLV sector ETF — an outperformance of -14.0%. Since the quarter end (June 30, 2026), BMRN has gained +4.0% vs +8.0% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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