Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Insmed Inc (INSM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -10
Streak
2Q ▼
Buyers last Q
50%

Smart Money Signals — INSM

Based on 663 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 INSM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
663 hedge funds hold INSM 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.
🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q
+151 new funds entered over the past year (+29% 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.
🟡

Slight buying edge — 50% buying

367 buying368 selling
Last quarter: 367 funds bought or added vs 368 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.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new INSM position: 129 → 204 → 100 → 114. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

42% of holders stayed for 2+ years

■ 42% conviction (2yr+) ■ 30% medium ■ 28% new
279 out of 663 hedge funds have held INSM 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.
💎

Buying through price weakness — shares +34%, value -23%

Value
-22%
Shares
+33%
Last quarter: funds added +34% more shares while total portfolio value only changed -23%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

130 → 129 → 204 → 100 → 114 new funds/Q
New funds entering each quarter: 129 → 204 → 100 → 114. INSM 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 — 46% veterans vs 37% newcomers

■ 46% veterans ■ 17% 1-2yr ■ 37% new
Entry-cohort mix of 710 holders: 325 (46%) are 2+ year veterans, 123 entered 1–2 years ago, and 262 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
67 of 660 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in INSM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — INSM

In 2026 Q2, 367 hedge funds were net buyers of INSM (114 opened a new position, 253 added to an existing one), while 368 reduced or exited (244 trimmed, 124 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 53% of total institutional value in INSM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -10 funds (more exits than new entries). Total institutional holders: 663.

Hedge Fund Ownership: INSM

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

Market Analysis: INSM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: INSM

-- --

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.

28 top-rated funds 14 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
5.2
/ 10
conviction
Hedge Fund Positioning: INSM
657 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 657 673 -2.38%
13F Shares 231M 198M 17.06%
Total Value $23.46B $30.71B -23.6%
New Positions 113 100 +13
Increased Positions 247 288 -41
Closed Positions 126 105 +21
Reduced Positions 230 211 +19
Total Calls 28 18 55.56%
Total Puts 22 18 22.22%
PUT/CALL Ratio 0.79 1.0 Neutral

Statistics: INSM

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Institutional Holders (2026 Q2)

657 + investors

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

QUARTER:
Top 25 INSM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Darwin Global Management, Ltd. 17.91% 6,431,163 $673.6M
2 Artia Global Partners LP 11.59% 589,052 $62.8M
3 Davern Capital Partners, LP 10.18% 559,824 $59.7M
4 Prosight Management, LP 6.90% 375,609 $40.0M
5 Eagle Health Investments LP 6.79% 384,130 $41.0M
6 Integral Health Asset Management, LLC 6.74% 1,600,000 $170.6M
7 Palo Alto Investors LP 6.10% 413,980 $44.1M
8 Baker BROS. Advisors LP 4.70% 8,796,111 $937.8M
9 Rtw Investments, LP 4.41% 4,842,880 $516.3M
10 Defilade Capital Management, L.P. 4.02% 281,838 $30.0M
11 Ishara Investments LP 4.01% 51,250 $5.5M
12 Trails Edge Capital Partners, LP 3.90% 230,331 $24.6M
13 Affinity Asset Advisors, LLC 3.13% 650,000 $69.3M
14 Bellevue Group AG 3.13% 1,393,418 $148.6M
15 First Turn Management, LLC 3.01% 263,851 $28.1M
16 Jones Hill Capital LP 2.77% 122,375 $13.0M
17 Paradigm Biocapital Advisors LP 2.65% 1,325,977 $141.4M
18 Stonepine Capital Management, LLC 2.62% 40,000 $5.6M
19 KVP Capital Advisors, LP 2.23% 28,497 $3.0M
20 Orbis Allan Gray Ltd 2.23% 6,076,487 $647.9M
21 Maverick Capital Ltd 2.03% 2,150,762 $229.3M
22 Rock Springs Capital Management LP 1.88% 362,150 $38.6M
23 Elmind Capital, LP 1.74% 65,000 $6.9M
24 Sectoral Asset Management Inc 1.73% 23,216 $2.5M
25 Atle Fund Management AB 1.67% 58,378 $6.2M
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 — Insmed Inc (INSM)

What does the Smart Money Trend signal show for INSM?

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

Slight buying edge — 50% buying: Last quarter: 367 funds bought or added vs 368 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 INSM holders?

Elite ownership — 53% AUM from top-100 funds: 67 of 660 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in INSM. 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 INSM?

42% of holders stayed for 2+ years: 279 out of 663 hedge funds have held INSM 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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