undamentalytics Newsletter

Outlook Therapeutics, Inc.: which funds bought and sold

Institutions that bought and sold Outlook 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, 46 institutions that filed 13F reports for both quarters added to or opened positions in Outlook Therapeutics, and 20 cut or closed them. Together they added a net 9.7M shares, +90.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 732K shares (+16.4%); index fund managers were net buyers of 5.3M shares (+151.1%). 27 opened a new position and 13 sold out entirely.

Bought, Q2 2026 46 institutions, 27 of them new holders Sold, Q2 2026 20 institutions, 13 of them sold out
Net change, all compared +9.7M shares (+90.7%)
Net change, active managers +732K shares (+16.4%), 4 bought, 3 sold

Buyers versus sellers

institutions compared, 78
Active managers and hedge funds 4 bought · 3 sold · +732K
Index fund managers 6 bought · 1 sold · +5.3M
Other institutions 36 bought · 16 sold · +3.7M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Perceptive Advisors LLC Hedge fund +3.1M New position 3.1M $5M
Vanguard Capital Management LLC Index funds +2.4M +122.5% 4.4M $7M
Marshall Wace, LLP Hedge fund +2.0M New position 2.0M $3.2M
Jane Street Group, LLC +1.4M New position 1.4M $2.3M
Blackrock, Inc. Index funds +1.2M +249.5% 1.7M $2.7M
Susquehanna International Group, LLP +834K +622.1% 968K $1.5M
HRT Financial LP +717K +1058.4% 785K $1.2M
Geode Capital Management, LLC Index funds +642K +106.4% 1.2M $2M
Vanguard Fiduciary Trust Co Index funds +485K +274.8% 662K $1.1M
Cantor Fitzgerald, L. P. +450K New position 450K $715,500
State Street Corp Index funds +377K +231.0% 540K $858,285
Sanctuary Advisors, LLC +345K New position 345K $547,801
Raymond James Financial Inc +305K +1127.5% 332K $527,961
Northern Trust Corp Index funds +170K +252.5% 238K $377,722
LPL Financial LLC +151K +450.0% 185K $294,058
Group One Trading LLC +133K +116.7% 246K $391,821
Deutsche Bank Ag\ +131K New position 131K $207,813
Wealth Management Partners, LLC +118K New position 118K $187,890
Simplex Trading, LLC +72K +54.5% 205K $325,970
Jefferies Financial Group Inc. +63K New position 63K $99,375

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Armistice Capital, LLC Hedge fund −4.2M Sold out 0 —
Commonwealth Equity Services, LLC −470K Sold out 0 —
Warberg Asset Management LLC −275K Sold out 0 —
Renaissance Technologies LLC Hedge fund −255K Sold out 0 —
Nine Masts Capital Ltd −233K Sold out 0 —
Connective Capital Management, LLC −200K Sold out 0 —
Virtu Financial LLC −113K Sold out 0 —
Xtx Topco Ltd −53K Sold out 0 —
Gilpin Wealth Management, LLC −45K −7.5% 555K $882,450
Corient Private Wealth LP −30K Sold out 0 —
Point72 Asset Management, L.P. Hedge fund −29K Sold out 0 —
Stonex Group Inc. −13K Sold out 0 —
Goldman Sachs Group Inc −10K Sold out 0 —
Vanguard Personalized Indexing Management, LLC Index funds −7,373 −23.4% 24K $38,349
Oppenheimer & Co Inc −1,500 −9.7% 14K $22,260
Federation Des Caisses Desjardins Du Quebec −1,287 −98.1% 25 $40
Fortitude Family Office, LLC −1,125 −44.0% 1,429 $2,272
Wells Fargo & Company −1,070 −43.1% 1,410 $2,242
Northwestern Mutual Wealth Management Co −171 −7.4% 2,125 $3,379
Ifp Advisors, Inc −50 Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Perceptive Advisors LLCHedge fund 3.1M $5M
Marshall Wace, LLPHedge fund 2.0M $3.2M
Jane Street Group, LLC 1.4M $2.3M
Cantor Fitzgerald, L. P. 450K $715,500
Sanctuary Advisors, LLC 345K $547,801
Deutsche Bank Ag\ 131K $207,813
Wealth Management Partners, LLC 118K $187,890
Jefferies Financial Group Inc. 63K $99,375
Millennium Management LLCHedge fund 58K $91,964
Royal Fund Management, LLC 47K $75,048

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Armistice Capital, LLCHedge fund 4.2M $857,774
Commonwealth Equity Services, LLC 470K $96,730
Warberg Asset Management LLC 275K $56,375
Renaissance Technologies LLCHedge fund 255K $52,511
Nine Masts Capital Ltd 233K $47,858
Connective Capital Management, LLC 200K $41,160
Virtu Financial LLC 113K $23,000
Xtx Topco Ltd 53K $10,906
Corient Private Wealth LP 30K $6,195
Point72 Asset Management, L.P.Hedge fund 29K $5,976

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
67
Ten largest holders
82.2%
of 13F-reported shares
Index fund managers
42.8%
of 13F-reported shares
Active managers and hedge funds
25.4%
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 3 4 3 +732K +16.4%
Index fund managers 6 1 0 0 +5.3M +151.1%
Other institutions 36 16 23 10 +3.7M +133.6%

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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