Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Beone Medicines Ltd (ONC)

283 + 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
↑ +4
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — ONC

Based on 285 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ONC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
285 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 — +17% more funds vs a year ago

fund count last 6Q
+42 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

177 buying117 selling
Last quarter: 177 funds were net buyers (51 opened a brand new position + 126 added to an existing one). Only 117 were sellers (70 trimmed + 47 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new ONC position: 62 → 63 → 38 → 51. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 26% medium ■ 21% new
149 out of 285 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.
📊

Peak discovery — momentum slowing

29 → 62 → 63 → 38 → 51 new funds/Q
New funds entering each quarter: 62 → 63 → 38 → 51. ONC 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 — 62% veterans vs 26% newcomers

■ 62% veterans ■ 12% 1-2yr ■ 26% new
Entry-cohort mix of 296 holders: 183 (62%) are 2+ year veterans, 37 entered 1–2 years ago, and 76 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds
50 of 285 holders are among the 100 largest funds by AUM, controlling 59% 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 Q2, 177 hedge funds were net buyers of ONC (51 opened a new position, 126 added to an existing one), while 117 reduced or exited (70 trimmed, 47 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 59% of total institutional value in ONC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 285.

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

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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.

12 top-rated funds 3 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: ONC
283 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 283 281 0.71%
13F Shares 35M 35M 0.7%
Total Value $9.80B $10.20B -3.92%
New Positions 51 38 +13
Increased Positions 121 110 +11
Closed Positions 49 44 +5
Reduced Positions 68 86 -18
Total Calls 5 7 -28.57%
Total Puts 6 7 -14.29%
PUT/CALL Ratio 1.2 1.0 Neutral

Statistics: ONC

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Institutional Holders (2026 Q2)

283 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Baker BROS. Advisors LP 12.57% 8,801,567 $2.51B
2 Patient Square Capital LP 3.97% 90,020 $25.7M
3 Nan Fung Group Holdings Ltd 3.41% 15,722 $4.5M
4 Atle Fund Management AB 2.70% 35,180 $10.0M
5 Siren, L.L.C. 2.68% 465,000 $132.5M
6 Superstring Capital Management LP 2.21% 12,273 $3.5M
7 JGP Global Gestao de Recursos Ltda. 1.08% 1,711 $488K
8 Slow Capital, Inc. 0.94% 28,237 $8.0M
9 Primecap Management Co/Ca/ 0.84% 5,007,931 $1.43B
10 Capital Group Investment Management Pte. Ltd. 0.72% 16,840 $4.8M
11 Capital International Ltd /Ca/ 0.72% 77,161 $22.0M
12 Capital International Sarl 0.71% 175,542 $50.0M
13 True Light Capital Pte. Ltd. 0.65% 3,480 $992K
14 Temasek Holdings (Private) Ltd 0.65% 845,729 $241.0M
15 Pinpoint Asset Management (Singapore) Pte. Ltd. 0.64% 11,009 $3.1M
16 Capital International, Inc./CA/ 0.61% 305,477 $87.1M
17 Peak Financial Advisors LLC 0.57% 4,836 $1.4M
18 Sectoral Asset Management Inc 0.37% 1,870 $533K
19 Candriam S.C.A. 0.37% 289,735 $82.5M
20 M&G Plc 0.32% 223,445 $63.7M
21 Jump Financial, LLC 0.30% 82,200 $22.4M
22 Virtus Investment Advisers, LLC 0.29% 4,397 $1.3M
23 WESPAC Advisors SoCal, LLC 0.26% 5,082 $1.4M
24 State of Wyoming 0.25% 8,698 $2.5M
25 Capital International Investors 0.25% 4,210,221 $1.20B
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ONC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ONC?

More buyers than sellers — 60% buying: Last quarter: 177 funds were net buyers (51 opened a brand new position + 126 added to an existing one). Only 117 were sellers (70 trimmed + 47 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ONC holders?

Elite ownership — 59% AUM from top-100 funds: 50 of 285 holders are among the 100 largest funds by AUM, controlling 59% 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?

52% of holders stayed for 2+ years: 149 out of 285 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.

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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