Bicara Therapeutics Inc.: which funds bought and sold

Institutions that bought and sold Bicara Therapeutics 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, 102 institutions that filed 13F reports for both quarters added to or opened positions in Bicara Therapeutics, and 48 cut or closed them. Together they added a net 2.1M shares, +3.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.4M shares (−4.1%); index fund managers were net buyers of 2.9M shares (+36.2%). 35 opened a new position and 10 sold out entirely.

Bought, Q2 2026 102 institutions, 35 of them new holders Sold, Q2 2026 48 institutions, 10 of them sold out

Net change, all compared +2.1M shares (+3.3%)

Net change, active managers −1.4M shares (−4.1%), 18 bought, 11 sold

Buyers versus sellers

institutions compared, 176

102 bought 26 48 sold

Active managers and hedge funds 18 bought · 11 sold · −1.4M

Index fund managers 10 bought · 1 sold · +2.9M

Other institutions 74 bought · 36 sold · +550K

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Blackrock, Inc. Index funds	+1.0M +35.3%	3.8M	$114M
Jpmorgan Chase & Co	+839K +472.7%	1.0M	$29.8M
State Street Corp Index funds	+630K +44.4%	2.0M	$60.8M
Price T Rowe Associates Inc Active manager	+528K +38.4%	1.9M	$56.5M
Vanguard Capital Management LLC Index funds	+442K +24.9%	2.2M	$65.8M
Dimensional Fund Advisors LP	+352K +322.6%	462K	$13.7M
Geode Capital Management, LLC Index funds	+332K +39.9%	1.2M	$34.5M
Franklin Resources Inc Active manager	+330K +20.4%	2.0M	$58M
Ameriprise Financial Inc	+273K +1725.4%	289K	$8.6M
Walleye Capital LLC Hedge fund	+245K +227.0%	353K	$10.5M
SEB Asset Management AB	+232K New position	232K	$6.9M
D. E. Shaw & Co., Inc. Hedge fund	+221K +79.9%	498K	$14.8M
Northern Trust Corp Index funds	+141K +55.1%	396K	$11.8M
Candriam S.C.A.	+135K +56.3%	373K	$11.1M
Vanguard Portfolio Management LLC Index funds	+128K +44.0%	419K	$12.4M
Millennium Management LLC Hedge fund	+106K +67.4%	262K	$7.8M
Charles Schwab Investment Management Inc Index funds	+101K +38.4%	365K	$10.9M
Jump Financial, LLC	+100K New position	100K	$3M
Vanguard Fiduciary Trust Co Index funds	+97K +44.7%	314K	$9.3M
Rhenman & Partners Asset Management AB	+88K New position	88K	$2.6M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Price T Rowe Associates Inc Active manager	+528K +38.4%	1.9M	$56.5M
Franklin Resources Inc Active manager	+330K +20.4%	2.0M	$58M
Walleye Capital LLC Hedge fund	+245K +227.0%	353K	$10.5M
D. E. Shaw & Co., Inc. Hedge fund	+221K +79.9%	498K	$14.8M
Millennium Management LLC Hedge fund	+106K +67.4%	262K	$7.8M
Trexquant Investment LP Hedge fund	+59K New position	59K	$1.8M
Rock Springs Capital Management LP Hedge fund	+46K +9.4%	535K	$15.9M
Deep Track Capital, LP Hedge fund	+38K +0.9%	4.1M	$122M
American Century Companies Inc Active manager	+31K +60.4%	83K	$2.5M
Alliancebernstein L.P. Active manager	+24K +75.9%	56K	$1.1M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Citadel Advisors LLC Hedge fund	−1.4M −87.3%	211K	$6.3M
Fil Ltd Active manager	−618K −90.9%	62K	$1.8M
Omega Fund Management, LLC	−570K −23.8%	1.8M	$54.1M
Orbimed Advisors LLC	−476K −71.4%	191K	$5.7M
Jones Hill Capital LP	−368K −29.2%	893K	$26.5M
T. Rowe Price Investment Management, Inc. Active manager	−267K −4.0%	6.3M	$188M
FMR LLC Active manager	−208K −9.9%	1.9M	$56.2M
Siren, L.L.C.	−200K −3.4%	5.6M	$166M
Vestal Point Capital, LP Hedge fund	−175K −3.2%	5.3M	$156M
Morgan Stanley	−137K −32.6%	284K	$8.4M
Dafna Capital Management LLC	−137K −32.4%	285K	$8.5M
Hudson Bay Capital Management LP Hedge fund	−129K −55.1%	105K	$3.1M
UBS Group AG	−114K −63.2%	66K	$2M
Algert Global LLC Hedge fund	−98K −29.5%	233K	$6.9M
Ensign Peak Advisors, Inc	−59K −14.8%	342K	$10.2M
Burkehill Global Management, LP Hedge fund	−50K −50.0%	50K	$1.5M
Two Sigma Investments, LP Hedge fund	−43K −48.1%	47K	$1.4M
HRT Financial LP	−40K Sold out	0	—
Goldman Sachs Group Inc	−38K −6.9%	521K	$15.5M
Caption Management, LLC	−23K Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Citadel Advisors LLC Hedge fund	−1.4M −87.3%	211K	$6.3M
Fil Ltd Active manager	−618K −90.9%	62K	$1.8M
T. Rowe Price Investment Management, Inc. Active manager	−267K −4.0%	6.3M	$188M
FMR LLC Active manager	−208K −9.9%	1.9M	$56.2M
Vestal Point Capital, LP Hedge fund	−175K −3.2%	5.3M	$156M
Hudson Bay Capital Management LP Hedge fund	−129K −55.1%	105K	$3.1M
Algert Global LLC Hedge fund	−98K −29.5%	233K	$6.9M
Burkehill Global Management, LP Hedge fund	−50K −50.0%	50K	$1.5M
Two Sigma Investments, LP Hedge fund	−43K −48.1%	47K	$1.4M
Balyasny Asset Management L.P. Hedge fund	−22K Sold out	0	—

New positions

largest by value

Institution	Shares	Value June 30, 2026
SEB Asset Management AB	232K	$6.9M
Jump Financial, LLC	100K	$3M
Rhenman & Partners Asset Management AB	88K	$2.6M
Trexquant Investment LPHedge fund	59K	$1.8M
Xtx Topco Ltd	59K	$1.8M
SG Americas Securities, LLC	46K	$1.4M
Corient Private Wealth LP	37K	$1.1M
Penserra Capital Management LLC	31K	$922,000
Aquatic Capital Management LLC	18K	$537,805
Engineers Gate Manager LPHedge fund	17K	$499,030

Sold out

largest by value

Institution	Shares	Value March 31, 2026
HRT Financial LP	40K	$799,000
Caption Management, LLC	23K	$457,470
Balyasny Asset Management L.P.Hedge fund	22K	$433,542
Susquehanna International Group, LLP	11K	$217,676
Squarepoint Ops LLCHedge fund	11K	$214,235
Thrive Wealth Management, LLC	10K	$205,742
Group One Trading LLC	1,306	$25,976
Mai Capital Management	57	$1,134
Root Financial Partners, LLC	29	$577
Quadrant Capital Group LLC	13	$259

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 170
Ten largest holders: 63.0%
Index fund managers: 15.6%
Active managers and hedge funds: 45.8%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	18	11	6	2	−1.4M	−4.1%
Index fund managers	10	1	1	0	+2.9M	+36.2%
Other institutions	74	36	28	8	+550K	+2.4%

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.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Bicara Therapeutics.

Only managers that filed a holdings report for both quarters are compared (176 here). 6 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

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