Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Immunocore Hldgs plc (IMCR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
2Q ▼
Buyers last Q
50%

Smart Money Signals — IMCR

Based on 136 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their IMCR 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 — 91% of 3.0Y peak

91% of all-time peak
136 funds currently hold this stock — 91% of the 3.0-year high of 150 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding IMCR is almost the same as a year ago (+2 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

79 buying79 selling
Last quarter: 79 funds bought or added vs 79 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 — ~27 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 32 → 24 → 27. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 24% medium ■ 26% new
68 out of 136 hedge funds have held IMCR 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 — ~27 new funds/quarter

32 → 17 → 32 → 24 → 27 new funds/Q
New funds entering each quarter: 17 → 32 → 24 → 27. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 25% newcomers

■ 61% veterans ■ 14% 1-2yr ■ 25% new
Entry-cohort mix of 145 holders: 88 (61%) are 2+ year veterans, 21 entered 1–2 years ago, and 36 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
30 of 136 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in IMCR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — IMCR

In 2026 Q2, 79 hedge funds were net buyers of IMCR (27 opened a new position, 52 added to an existing one), while 79 reduced or exited (43 trimmed, 36 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 42% of total institutional value in IMCR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 136.

Hedge Fund Ownership: IMCR

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

Market Analysis: IMCR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IMCR

-- --

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 3 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: IMCR
136 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 136 145 -6.21%
13F Shares 53M 55M -3.44%
Total Value $1.61B $1.54B 4.11%
New Positions 27 24 +3
Increased Positions 50 53 -3
Closed Positions 36 29 +7
Reduced Positions 41 42 -1
Total Calls 4 5 -20.0%
Total Puts 5 6 -16.67%
PUT/CALL Ratio 1.25 1.2 Bearish

Statistics: IMCR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

136 + investors

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

QUARTER:
Top 25 IMCR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Trails Edge Capital Partners, LP 5.36% 1,063,234 $33.8M
2 Tang Capital Management LLC 3.82% 2,649,368 $84.1M
3 Jones Hill Capital LP 3.46% 512,856 $16.3M
4 Kynam Capital Management, LP 2.41% 1,375,000 $43.7M
5 Caligan Partners LP 2.06% 1,381,317 $43.9M
6 Bellevue Group AG 1.86% 2,788,245 $88.5M
7 Fulcrum Asset Management LLP 1.43% 470,025 $14.3M
8 Vestal Point Capital, LP 1.34% 1,800,000 $57.1M
9 Rtw Investments, LP 1.32% 4,869,798 $154.6M
10 Bvf Inc/Il 1.05% 1,294,463 $41.1M
11 Diadema Partners LP 1.02% 254,863 $8.1M
12 Catalio Capital Management, LP 0.88% 148,045 $4.7M
13 Logos Global Management LP 0.82% 600,000 $19.1M
14 Elmind Capital, LP 0.65% 81,143 $2.6M
15 Persistent Asset Partners Ltd 0.62% 65,214 $2.1M
16 Braidwell LP 0.61% 521,327 $16.6M
17 Armistice Capital, LLC 0.55% 1,428,000 $45.3M
18 Frazier Life Sciences Management, L.P. 0.34% 484,782 $15.4M
19 HighVista Strategies LLC 0.31% 43,185 $1.4M
20 Virtus Investment Advisers, LLC 0.30% 40,155 $1.3M
21 EntryPoint Capital, LLC 0.26% 11,408 $387K
22 PSP Research LLC 0.26% 15,141 $481K
23 Eagle Health Investments LP 0.24% 46,300 $1.5M
24 Scientech Research LLC 0.23% 8,854 $281K
25 Deep Track Capital, LP 0.14% 311,218 $9.9M
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 — Immunocore Hldgs plc (IMCR)

What does the Smart Money Trend signal show for IMCR?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their IMCR 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 IMCR?

Slight buying edge — 50% buying: Last quarter: 79 funds bought or added vs 79 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 IMCR holders?

Elite ownership — 42% AUM from top-100 funds: 30 of 136 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in IMCR. 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 IMCR?

50% of holders stayed for 2+ years: 68 out of 136 hedge funds have held IMCR 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.

Full history →