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Heron Therapeutics, Inc.: which funds bought and sold

Institutions that bought and sold Heron 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, 76 institutions that filed 13F reports for both quarters added to or opened positions in Heron Therapeutics, and 63 cut or closed them. Together they sold a net 23.1M shares, −14.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 10.1M shares (−14.2%); index fund managers were net buyers of 462K shares (+1.5%). 21 opened a new position and 23 sold out entirely.

Bought, Q2 2026 76 institutions, 21 of them new holders Sold, Q2 2026 63 institutions, 23 of them sold out
Net change, all compared −23.1M shares (−14.7%)
Net change, active managers −10.1M shares (−14.2%), 8 bought, 11 sold

Buyers versus sellers

institutions compared, 181
Active managers and hedge funds 8 bought · 11 sold · −10.1M
Index fund managers 7 bought · 4 sold · +462K
Other institutions 61 bought · 48 sold · −13.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Marshall Wace, LLP Hedge fund +2.4M New position 2.4M $1M
Qube Research & Technologies Ltd Hedge fund +991K +3263.8% 1.0M $435,802
Gsa Capital Partners LLP +938K +892.6% 1.0M $445,000
AQR Capital Management LLC Hedge fund +912K +142.2% 1.6M $663,186
UBS Group AG +711K +31.1% 3.0M $1.3M
Caption Management, LLC +686K +218.8% 1.0M $426,800
Diadema Partners LP +459K New position 459K $195,783
Blackrock, Inc. Index funds +444K +4.4% 10.6M $4.5M
Richmond Brothers, Inc. +356K +24.8% 1.8M $764,961
Panagora Asset Management Inc Active manager +319K +33.2% 1.3M $547,071
Virtu Financial LLC +283K New position 283K $121,000
Goldman Sachs Group Inc +273K +25.8% 1.3M $567,539
Vanguard Portfolio Management LLC Index funds +271K +20.7% 1.6M $674,878
Geode Capital Management, LLC Index funds +261K +6.5% 4.3M $1.8M
Integrated Wealth Concepts LLC +223K +233.9% 319K $136,107
Vanguard Fiduciary Trust Co Index funds +212K +18.4% 1.4M $582,906
Abel Hall, LLC +196K +1160.9% 213K $90,987
Tejara Capital Ltd +174K +2.7% 6.5M $2.8M
FMR LLC Active manager +169K +289.7% 227K $96,800
Xcelsior Advisor Partners LLC +120K +42.1% 406K $173,186

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Orbimed Advisors LLC −9.8M Sold out 0 —
Palisade Capital Management, LP Active manager −6.1M Sold out 0 —
Millennium Management LLC Hedge fund −3.6M −46.7% 4.1M $1.7M
D. E. Shaw & Co., Inc. Hedge fund −2.5M −95.4% 120K $51,402
Congress Park Capital LLC −2.0M −50.0% 2.0M $860,620
New York State Common Retirement Fund −1.9M −73.1% 694K $296,270
Stonepine Capital Management, LLC −911K −65.0% 491K $209,468
Monaco Asset Management Sam −858K Sold out 0 —
Clearline Capital LP Hedge fund −851K −7.0% 11.4M $4.9M
Citadel Advisors LLC Hedge fund −759K Sold out 0 —
Orchard Capital Management, LLC −680K Sold out 0 —
State Street Corp Index funds −615K −16.0% 3.2M $1.4M
Squarepoint Ops LLC Hedge fund −539K −62.7% 321K $137,078
Universal- Beteiligungs- Und Servicegesellschaft Mbh −459K Sold out 0 —
Palumbo Wealth Management LLC −412K Sold out 0 —
Morgan Stanley −402K −78.2% 112K $47,673
Acadian Asset Management LLC Active manager −360K −70.2% 153K $65,000
Nuveen, LLC −305K −57.9% 222K $94,659
Renaissance Technologies LLC Hedge fund −211K −12.3% 1.5M $643,145
Xtx Topco Ltd −209K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Marshall Wace, LLPHedge fund 2.4M $1M
Diadema Partners LP 459K $195,783
Virtu Financial LLC 283K $121,000
Persistent Asset Partners Ltd 117K $49,974
Centiva Capital, LPHedge fund 46K $19,422
Neuberger Berman Group LLCActive manager 39K $16,647
Creative Planning 36K $15,306
Ddfg, Inc 33K $14,043
HRT Financial LP 27K $11,000
Pallas Capital Advisors LLC 26K $10,968

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Orbimed Advisors LLC 9.8M $7.9M
Palisade Capital Management, LPActive manager 6.1M $4.9M
Monaco Asset Management Sam 858K $686,583
Citadel Advisors LLCHedge fund 759K $607,491
Orchard Capital Management, LLC 680K $544,414
Universal- Beteiligungs- Und Servicegesellschaft Mbh 459K $367,059
Palumbo Wealth Management LLC 412K $330,039
Xtx Topco Ltd 209K $167,606
Glenmede Trust Co Na 82K $65,648
Nine Masts Capital Ltd 53K $42,725

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
160
Ten largest holders
69.8%
of 13F-reported shares
Index fund managers
23.5%
of 13F-reported shares
Active managers and hedge funds
45.8%
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 8 11 3 2 −10.1M −14.2%
Index fund managers 7 4 0 0 +462K +1.5%
Other institutions 61 48 18 21 −13.4M −24.7%

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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