Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Lakefront Biotherapeutics NV (GLPG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -12
Streak
3Q ▼
Buyers last Q
41%

Smart Money Signals — GLPG

Based on 78 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their GLPG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 83% of 3.0Y peak

83% of all-time peak
78 funds currently hold this stock — 83% of the 3.0-year high of 94 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
11 fewer hedge funds hold GLPG compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

37 buying53 selling
Last quarter: 53 funds reduced or exited vs 37 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 15 → 16 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 14% medium ■ 15% new
55 out of 78 hedge funds have held GLPG 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.
📊

Peak discovery — momentum slowing

23 → 18 → 15 → 16 → 11 new funds/Q
New funds entering each quarter: 18 → 15 → 16 → 11. GLPG is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 73% veterans vs 15% newcomers

■ 73% veterans ■ 11% 1-2yr ■ 15% new
Entry-cohort mix of 79 holders: 58 (73%) are 2+ year veterans, 9 entered 1–2 years ago, and 12 (15%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
24 of 78 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 — GLPG

In 2026 Q2, 37 hedge funds were net buyers of GLPG (11 opened a new position, 26 added to an existing one), while 53 reduced or exited (30 trimmed, 23 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 78.

Hedge Fund Ownership: GLPG

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

Market Analysis: GLPG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GLPG

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 2 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: GLPG
78 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 78 90 -13.33%
13F Shares 33M 32M 2.01%
Total Value $973M $955M 1.88%
New Positions 11 16 -5
Increased Positions 25 34 -9
Closed Positions 23 17 +6
Reduced Positions 29 27 +2
Total Calls 0 1 -100.0%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.0 2.0 Bullish

Statistics: GLPG

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

78 + investors

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

QUARTER:
Top 25 GLPG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gilead Sciences, INC. 30.34% 16,707,477 $500.2M
2 Prosight Management, LP 10.56% 2,043,344 $61.3M
3 Tang Capital Management LLC 5.16% 3,785,991 $113.5M
4 Madison Avenue Partners, LP 4.45% 3,447,807 $103.4M
5 EcoR1 Capital, LLC 2.43% 1,667,119 $50.0M
6 DAFNA Capital Management LLC 0.74% 130,175 $3.9M
7 DME Capital Management, LP 0.37% 482,746 $14.5M
8 Barometer Capital Management INC. 0.34% 40,800 $1.2M
9 denkapparat Operations GmbH 0.21% 21,324 $639K
10 Monaco Asset Management SAM 0.06% 25,600 $767K
11 Prelude Capital Management, LLC 0.04% 19,305 $579K
12 Renaissance Technologies LLC 0.02% 407,800 $12.2M
13 Aquatic Capital Management LLC 0.01% 9,109 $273K
14 Alps Advisors Inc 0.01% 65,523 $2.0M
15 Point72 Asset Management, L.P. 0.01% 269,814 $8.1M
16 Ameriprise Financial Inc 0.01% 1,272,249 $38.1M
17 Qrg Capital Management, INC. 0.00% 17,546 $526K
18 China Universal Asset Management Co., Ltd. 0.00% 2,393 $72K
19 Crossmark Global Holdings, Inc. 0.00% 10,538 $316K
20 Schonfeld Strategic Advisors LLC 0.00% 32,597 $977K
21 Erste Asset Management GmbH 0.00% 14,000 $415K
22 D. E. Shaw & Co., Inc. 0.00% 197,844 $5.9M
23 Millennium Management LLC 0.00% 181,090 $5.4M
24 Two Sigma Investments, LP 0.00% 81,749 $2.5M
25 GAMMA Investing LLC 0.00% 954 $29K
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 — Lakefront Biotherapeutics NV (GLPG)

What does the Smart Money Trend signal show for GLPG?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their GLPG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for GLPG?

More sellers than buyers — 41% buying: Last quarter: 53 funds reduced or exited vs 37 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for GLPG holders?

Smaller funds dominant — 8% AUM from top-100: 24 of 78 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held GLPG?

71% of holders stayed for 2+ years: 55 out of 78 hedge funds have held GLPG 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.

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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