undamentalytics Newsletter

Annexon, Inc.: which funds bought and sold

Institutions that bought and sold Annexon shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 109 institutions that filed 13F reports for both quarters added to or opened positions in Annexon, and 106 cut or closed them. Together they added a net 22.5M shares, +14.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 12.5M shares (+32.6%); index fund managers were net buyers of 8.5M shares (+26.4%). 28 opened a new position and 27 sold out entirely.

Bought, Q2 2026 109 institutions, 28 of them new holders Sold, Q2 2026 106 institutions, 27 of them sold out
Net change, all compared +22.5M shares (+14.4%)
Net change, active managers +12.5M shares (+32.6%), 19 bought, 29 sold

Buyers versus sellers

institutions compared, 240
Active managers and hedge funds 19 bought · 29 sold · +12.5M
Index fund managers 10 bought · 2 sold · +8.5M
Other institutions 80 bought · 75 sold · +1.5M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager +8.9M +83.5% 19.5M $111M
Woodline Partners LP Hedge fund +4.6M +196.3% 6.9M $39.5M
Goldman Sachs Group Inc +3.7M +170.6% 5.8M $33.3M
Mpm Bioimpact LLC +3.5M New position 3.5M $20.2M
State Street Corp Index funds +2.9M +42.0% 9.8M $56.1M
Blackrock, Inc. Index funds +2.6M +23.8% 13.5M $77.3M
Logos Global Management LP Hedge fund +1.5M New position 1.5M $8.6M
Candriam S.C.A. +1.2M New position 1.2M $6.8M
Mak Capital One LLC +1.1M +24.1% 5.9M $33.5M
Great Point Partners LLC +1.0M +40.0% 3.5M $20M
Panagora Asset Management Inc Active manager +968K New position 968K $5.5M
Vanguard Capital Management LLC Index funds +914K +15.4% 6.9M $39.2M
Vanguard Portfolio Management LLC Index funds +764K +51.5% 2.2M $12.8M
Arrowstreet Capital, Limited Partnership Hedge fund +738K New position 738K $4.2M
Jpmorgan Chase & Co +680K +210.1% 1.0M $5.6M
Geode Capital Management, LLC Index funds +659K +19.5% 4.0M $23.1M
Ishara Investments LP +646K +370.6% 820K $4.7M
Dimensional Fund Advisors LP +574K +62.1% 1.5M $8.6M
Siren, L.L.C. +500K +12.6% 4.5M $25.5M
Moore Capital Management, LP Hedge fund +425K New position 425K $2.4M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Bank Of America Corp −3.6M −85.6% 614K $3.5M
Redmile Group, LLC −2.7M −18.4% 11.9M $67.8M
Nuveen, LLC −1.5M −34.9% 2.8M $15.8M
Bellevue Group AG −1.1M −20.5% 4.1M $23.4M
Balyasny Asset Management L.P. Hedge fund −1.1M −27.2% 2.8M $16.2M
Adage Capital Partners Gp, L.L.C. Hedge fund −800K −18.6% 3.5M $20M
Bain Capital Life Sciences Investors, LLC −775K −14.9% 4.4M $25.3M
Marshall Wace, LLP Hedge fund −651K −75.6% 211K $1.2M
UBS Group AG −623K −50.0% 623K $3.6M
Longaeva Partners L.P. −620K Sold out 0 —
Opaleye Management Inc. −617K −26.5% 1.7M $9.8M
Y-Intercept (Hong Kong) Ltd −585K −44.3% 735K $4.2M
Silverarc Capital Management, LLC −496K Sold out 0 —
Point72 Asset Management, L.P. Hedge fund −489K −26.1% 1.4M $7.9M
D. E. Shaw & Co., Inc. Hedge fund −438K −62.3% 265K $1.5M
Invesco Ltd. −432K −56.7% 331K $1.9M
Qube Research & Technologies Ltd Hedge fund −364K −11.7% 2.7M $15.7M
Price T Rowe Associates Inc Active manager −299K −69.9% 129K $738,000
BNP Paribas Financial Markets −216K −84.6% 39K $224,146
Voloridge Investment Management, LLC Hedge fund −212K −45.9% 250K $1.4M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Mpm Bioimpact LLC 3.5M $20.2M
Logos Global Management LPHedge fund 1.5M $8.6M
Candriam S.C.A. 1.2M $6.8M
Panagora Asset Management IncActive manager 968K $5.5M
Arrowstreet Capital, Limited PartnershipHedge fund 738K $4.2M
Moore Capital Management, LPHedge fund 425K $2.4M
Jump Financial, LLC 298K $1.7M
Jain Global LLCHedge fund 65K $369,545
Diversified Trust Co 62K $352,860
Virginia Retirement Systems Et Al 54K $310,053

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Longaeva Partners L.P. 620K $3.4M
Silverarc Capital Management, LLC 496K $2.8M
Rosalind Advisors, Inc. 200K $1.1M
Algert Global LLCHedge fund 155K $857,814
Man Group PLCHedge fund 109K $605,090
Connor, Clark & Lunn Investment Management Ltd. 93K $513,597
Polen Capital Management LLCActive manager 70K $388,642
Axq Capital, LP 58K $322,345
ADAR1 Capital Management, LLCHedge fund 55K $304,700
Bit Capital Gmbh 50K $277,000

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
216
Ten largest holders
52.4%
of 13F-reported shares
Index fund managers
22.8%
of 13F-reported shares
Active managers and hedge funds
28.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 19 29 6 8 +12.5M +32.6%
Index fund managers 10 2 0 0 +8.5M +26.4%
Other institutions 80 75 22 19 +1.5M +1.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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