Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Genmab A/S (GMAB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -18
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — GMAB

Based on 271 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their GMAB 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 — 94% of 3.0Y peak

94% of all-time peak
271 funds currently hold this stock — 94% of the 3.0-year high of 289 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+52 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 49% buying

150 buying156 selling
Last quarter: 156 funds reduced or exited vs 150 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.
⚠️

Fewer new buyers each quarter (-33 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 61 → 78 → 45. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 20% medium ■ 31% new
133 out of 271 hedge funds have held GMAB 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.
📈

Growing discovery — still being found

37 → 34 → 61 → 78 → 45 new funds/Q
New funds entering each quarter: 34 → 61 → 78 → 45. A growing number of institutions are discovering GMAB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 57% veterans vs 32% newcomers

■ 57% veterans ■ 11% 1-2yr ■ 32% new
Entry-cohort mix of 274 holders: 157 (57%) are 2+ year veterans, 30 entered 1–2 years ago, and 87 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
34 of 269 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — GMAB

In 2026 Q1, 150 hedge funds were net buyers of GMAB (45 opened a new position, 105 added to an existing one), while 156 reduced or exited (93 trimmed, 63 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 35% of total institutional value in GMAB is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -18 funds (more exits than new entries). Total institutional holders: 271.

Hedge Fund Ownership: GMAB

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

Market Analysis: GMAB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GMAB

-- --

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

Is It Too Late to Buy Genmab A/S (GMAB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GMAB has moved relative to its sector benchmark (XLV) since the 2026 Q1 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 March 31, 2026 · 78d ago
GMAB
-7.8%
XLV
+4.3%

GMAB outperformed XLV by -12.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
GMAB
-6.8%
XLV
+5.4%

Since the filing became public, GMAB outperformed XLV by -12.2% .

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.

16 top-rated funds 2 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: GMAB
268 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 268 289 -7.27%
13F Shares 82M 73M 12.11%
Total Value $2.24B $2.26B -0.95%
New Positions 43 78 -35
Increased Positions 104 122 -18
Closed Positions 64 33 +31
Reduced Positions 91 51 +40
Total Calls 4 3 33.33%
Total Puts 1 3 -66.67%
PUT/CALL Ratio 0.25 1.0 Bullish

Statistics: GMAB

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

268 + investors

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

QUARTER:
Top 25 GMAB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Paradigm Biocapital Advisors LP 4.37% 7,967,836 $213.8M
2 Superstring Capital Management LP 3.77% 196,709 $5.3M
3 Ishara Investments LP 2.08% 82,000 $2.2M
4 Deep Track Capital, LP 1.61% 3,663,250 $98.3M
5 Orbis Allan Gray Ltd 1.46% 12,925,578 $346.8M
6 AIMZ Investment Advisors, LLC 1.33% 160,910 $4.3M
7 Harding Loevner LP 0.89% 3,231,601 $86.7M
8 Terra Nova Asset Management LLC 0.85% 42,644 $1.1M
9 Deerfield Management Company, L.P. 0.78% 2,462,000 $66.1M
10 Sofinnova Investments, Inc. 0.77% 752,261 $20.2M
11 BankChampaign, National Association 0.68% 25,622 $687K
12 Barometer Capital Management INC. 0.39% 42,400 $1.1M
13 Virtus Advisers, LLC 0.38% 30,830 $827K
14 Arrowpoint Investment Partners (Singapore) Pte. Ltd. 0.38% 16,030 $430K
15 Perpetual Ltd 0.31% 758,503 $20.4M
16 Avidity Partners Management LP 0.30% 50,000 $1.3M
17 Scientech Research LLC 0.29% 13,109 $352K
18 Legacy Wealth Asset Management, LLC 0.25% 38,680 $1.0M
19 Eagle Global Advisors LLC 0.24% 244,565 $6.6M
20 Gallacher Capital Management LLC 0.22% 21,797 $585K
21 Dorsey Wright & Associates 0.21% 64,388 $1.7M
22 Advisors Preferred, LLC 0.20% 50,720 $1.4M
23 Renaissance Technologies LLC 0.19% 4,414,550 $118.4M
24 Integrated Quantitative Investments LLC 0.18% 36,355 $975K
25 AdvisorShares Investments LLC 0.15% 30,853 $828K
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 — Genmab A/S (GMAB)

What does the Smart Money Trend signal show for GMAB?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their GMAB 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 GMAB?

More sellers than buyers — 49% buying: Last quarter: 156 funds reduced or exited vs 150 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 GMAB holders?

Strong quality — 35% AUM from major funds: 34 of 269 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held GMAB?

49% of holders stayed for 2+ years: 133 out of 271 hedge funds have held GMAB 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 Genmab A/S (GMAB) following the 2026 Q1 hedge fund 13F filings?

As of today, GMAB has moved -6.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLV sector ETF — an outperformance of -12.2%. Since the quarter end (March 31, 2026), GMAB has gained -7.8% vs +4.3% 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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