undamentalytics Newsletter

Nextcure, Inc.: which funds bought and sold

Institutions that bought and sold Nextcure 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, 19 institutions that filed 13F reports for both quarters added to or opened positions in Nextcure, and 12 cut or closed them. Together they sold a net 434K shares, −20.0% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 448K shares (+233.6%); index fund managers were net buyers of 4,856 shares (+2.1%). 11 opened a new position and 7 sold out entirely.

Bought, Q2 2026 19 institutions, 11 of them new holders Sold, Q2 2026 12 institutions, 7 of them sold out
Net change, all compared −434K shares (−20.0%)
Net change, active managers +448K shares (+233.6%), 4 bought, 2 sold

Buyers versus sellers

institutions compared, 37
Active managers and hedge funds 4 bought · 2 sold · +448K
Index fund managers 2 bought · 2 sold · +4,856
Other institutions 13 bought · 8 sold · −887K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Adage Capital Partners Gp, L.L.C. Hedge fund +277K New position 277K $443,523
Renaissance Technologies LLC Hedge fund +111K +182.8% 171K $273,923
Millennium Management LLC Hedge fund +88K New position 88K $140,979
Ikarian Capital, LLC +50K +21.0% 288K $461,284
HRT Financial LP +36K New position 36K $58,000
Jane Street Group, LLC +33K New position 33K $52,360
Verdad Advisers, LP +17K +40.7% 60K $96,722
Boothbay Fund Management, LLC Hedge fund +15K +21.6% 85K $135,499
Nomura Asset Management International Inc. +13K New position 13K $20,000
Virtu Financial LLC +11K New position 11K $18,000
Blackrock, Inc. Index funds +9,555 +34.4% 37K $59,757
Diadema Partners LP +7,742 New position 7,742 $12,387
Persistent Asset Partners Ltd +1,981 New position 1,981 $3,170
Tower Research Capital LLC (TRC) +1,738 New position 1,738 $2,781
UBS Group AG +256 +75.7% 594 $951
Vanguard Fiduciary Trust Co Index funds +119 +0.7% 16K $25,814
Barclays PLC +100 +1.8% 5,726 $9,162
Northwestern Mutual Wealth Management Co +83 New position 83 $133
Sbi Securities Co., Ltd. +20 New position 20 $32

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Squadron Capital Management LLC −201K −75.7% 64K $103,142
Affinity Asset Advisors, LLC −200K −82.6% 42K $67,136
Silverarc Capital Management, LLC −176K Sold out 0 —
Opaleye Management Inc. −141K Sold out 0 —
Awm Investment Company, Inc. −117K Sold out 0 —
Exome Asset Management LLC −116K Sold out 0 —
Pfizer Inc −109K −71.1% 44K $72,967
Woodline Partners LP Hedge fund −27K Sold out 0 —
Citadel Advisors LLC Hedge fund −15K Sold out 0 —
Vanguard Capital Management LLC Index funds −3,631 −2.3% 157K $250,947
Geode Capital Management, LLC Index funds −1,187 −3.8% 30K $47,855
Citigroup Inc −1 Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Adage Capital Partners Gp, L.L.C.Hedge fund 277K $443,523
Millennium Management LLCHedge fund 88K $140,979
HRT Financial LP 36K $58,000
Jane Street Group, LLC 33K $52,360
Nomura Asset Management International Inc. 13K $20,000
Virtu Financial LLC 11K $18,000
Diadema Partners LP 7,742 $12,387
Persistent Asset Partners Ltd 1,981 $3,170
Tower Research Capital LLC (TRC) 1,738 $2,781
Northwestern Mutual Wealth Management Co 83 $133

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Silverarc Capital Management, LLC 176K $1.9M
Opaleye Management Inc. 141K $1.5M
Awm Investment Company, Inc. 117K $1.2M
Exome Asset Management LLC 116K $1.2M
Woodline Partners LPHedge fund 27K $293,679
Citadel Advisors LLCHedge fund 15K $160,872
Citigroup Inc 1 $11

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
30
Ten largest holders
84.0%
of 13F-reported shares
Index fund managers
13.8%
of 13F-reported shares
Active managers and hedge funds
36.9%
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 4 2 2 2 +448K +233.6%
Index fund managers 2 2 0 0 +4,856 +2.1%
Other institutions 13 8 9 5 −887K −50.9%

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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