Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Beone Medicines Ltd (ONC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — ONC

Based on 278 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 ONC 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 (97% of max)

97% of all-time peak
278 hedge funds hold ONC 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.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

147 buying134 selling
Last quarter: 147 funds bought or added vs 134 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.
⚠️

Fewer new buyers each quarter (-27 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 28 → 62 → 63 → 36. 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.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 24% medium ■ 22% new
151 out of 278 hedge funds have held ONC 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 — ~36 new funds/quarter

71 → 28 → 62 → 63 → 36 new funds/Q
New funds entering each quarter: 28 → 62 → 63 → 36. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 12% 1-2yr ■ 25% new
Of 291 current holders: 184 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
51 of 278 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in ONC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — ONC

In 2026 Q1, 147 hedge funds were net buyers of ONC (36 opened a new position, 111 added to an existing one), while 134 reduced or exited (90 trimmed, 44 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 55% of total institutional value in ONC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 278.

Hedge Fund Ownership: ONC

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

Market Analysis: ONC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ONC

-- --

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

Is It Too Late to Buy Beone Medicines Ltd (ONC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ONC 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 · 75d ago
ONC
-10.9%
XLV
+4.9%

ONC outperformed XLV by -15.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
ONC
-9.8%
XLV
+6.0%

Since the filing became public, ONC outperformed XLV by -15.8% .

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.

19 top-rated funds 3 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: ONC
278 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 278 286 -2.8%
13F Shares 35M 34M 2.56%
Total Value $10.20B $9.93B 2.67%
New Positions 36 63 -27
Increased Positions 109 113 -4
Closed Positions 44 40 +4
Reduced Positions 86 70 +16
Total Calls 7 8 -12.5%
Total Puts 7 8 -12.5%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: ONC

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Institutional Holders (2026 Q1)

278 + investors

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

QUARTER:
Top 25 ONC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Hhlr Advisors, LTD. 18.36% 1,034,306 $307.2M
2 Baker BROS. Advisors LP 15.00% 8,799,053 $2.61B
3 Patient Square Capital LP 4.24% 80,542 $23.9M
4 Atle Fund Management AB 3.92% 41,717 $12.1M
5 Nan Fung Group Holdings Ltd 3.85% 15,722 $4.7M
6 Siren, L.L.C. 3.83% 465,000 $138.1M
7 JGP Global Gestao de Recursos Ltda. 2.19% 1,711 $508K
8 Primecap Management Co/Ca/ 1.16% 4,975,181 $1.48B
9 Slow Capital, Inc. 1.10% 28,492 $8.5M
10 Capital Group Investment Management Pte. Ltd. 0.85% 16,688 $5.0M
11 Capital International Sarl 0.85% 173,879 $51.6M
12 Capital International Ltd /Ca/ 0.84% 76,515 $22.7M
13 Temasek Holdings (Private) Ltd 0.84% 862,643 $256.2M
14 Capital International, Inc./CA/ 0.69% 302,243 $89.8M
15 Pinpoint Asset Management (Singapore) Pte. Ltd. 0.66% 9,610 $2.9M
16 Sectoral Asset Management Inc 0.52% 1,870 $631K
17 True Light Capital Pte. Ltd. 0.52% 3,480 $1.0M
18 Long Corridor Asset Management Ltd 0.43% 6,020 $1.8M
19 Candriam S.C.A. 0.40% 259,731 $77.1M
20 Driehaus Capital Management LLC 0.34% 155,002 $46.0M
21 WESPAC Advisors SoCal, LLC 0.31% 4,925 $1.5M
22 Capital International Investors 0.29% 4,158,726 $1.23B
23 Portland Investment Counsel INC. 0.29% 3,000 $891K
24 Steadtrust LLC 0.23% 1,350 $401K
25 Virtus Investment Advisers, LLC 0.22% 2,646 $786K
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 — Beone Medicines Ltd (ONC)

What does the Smart Money Trend signal show for ONC?

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

Slight buying edge — 52% buying: Last quarter: 147 funds bought or added vs 134 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 ONC holders?

Elite ownership — 55% AUM from top-100 funds: 51 of 278 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in ONC. 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 ONC?

54% of holders stayed for 2+ years: 151 out of 278 hedge funds have held ONC 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 Beone Medicines Ltd (ONC) following the 2026 Q1 hedge fund 13F filings?

As of today, ONC has moved -9.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of -15.8%. Since the quarter end (March 31, 2026), ONC has gained -10.9% vs +4.9% 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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