undamentalytics Newsletter

Arcus Biosciences, Inc.: which funds bought and sold

Institutions that bought and sold Arcus Biosciences 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, 127 institutions that filed 13F reports for both quarters added to or opened positions in Arcus Biosciences, and 87 cut or closed them. Together they added a net 3.5M shares, +2.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 2.1M shares (+6.8%); index fund managers were net buyers of 2.3M shares (+6.9%). 42 opened a new position and 24 sold out entirely.

Bought, Q2 2026 127 institutions, 42 of them new holders Sold, Q2 2026 87 institutions, 24 of them sold out
Net change, all compared +3.5M shares (+2.9%)
Net change, active managers +2.1M shares (+6.8%), 22 bought, 21 sold

Buyers versus sellers

institutions compared, 246
Active managers and hedge funds 22 bought · 21 sold · +2.1M
Index fund managers 8 bought · 4 sold · +2.3M
Other institutions 97 bought · 62 sold · −961K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager +2.9M +247.5% 4.0M $125M
Citadel Advisors LLC Hedge fund +1.8M +135.7% 3.1M $96.7M
Blackrock, Inc. Index funds +1.2M +7.8% 16.4M $506M
Soleus Capital Management, L.P. Hedge fund +717K +158.6% 1.2M $36M
State Street Corp Index funds +617K +11.4% 6.0M $186M
T. Rowe Price Investment Management, Inc. Active manager +590K New position 590K $18.2M
Ikarian Capital, LLC +505K New position 505K $15.6M
Baker Bros. Advisors LP Hedge fund +429K +103.3% 845K $26M
Goldman Sachs Group Inc +388K +38.8% 1.4M $42.8M
Jpmorgan Chase & Co +337K +417.5% 418K $13.1M
Two Sigma Investments, LP Hedge fund +323K +103.2% 635K $19.6M
First Trust Advisors LP +258K +1972.3% 271K $8.4M
Vanguard Portfolio Management LLC Index funds +203K +4.8% 4.5M $138M
Geode Capital Management, LLC Index funds +196K +8.7% 2.4M $75.5M
Bank Of America Corp +189K +29.3% 836K $25.8M
Patient Square Capital LP +161K +82.5% 356K $11M
Boothbay Fund Management, LLC Hedge fund +154K New position 154K $4.8M
Pfm Health Sciences, LP Hedge fund +152K New position 152K $4.7M
Millennium Management LLC Hedge fund +133K New position 133K $4.1M
Northern Trust Corp Index funds +92K +11.0% 933K $28.7M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Marshall Wace, LLP Hedge fund −1.8M −48.3% 1.9M $60M
Trails Edge Capital Partners, LP −1.0M Sold out 0 —
Woodline Partners LP Hedge fund −770K −20.4% 3.0M $92.7M
Siren, L.L.C. −587K −19.5% 2.4M $74.6M
Logos Global Management LP Hedge fund −550K −45.8% 650K $20M
Renaissance Technologies LLC Hedge fund −425K Sold out 0 —
Samlyn Capital, LLC Hedge fund −361K −18.9% 1.5M $47.7M
Morgan Stanley −318K −28.5% 796K $24.5M
Parkman Healthcare Partners LLC −288K −23.9% 919K $28.3M
Montanova Capital, LLC Hedge fund −255K −5.1% 4.8M $147M
BNP Paribas Asset Management Holding S.A. −235K −14.2% 1.4M $43.8M
BNP Paribas Financial Markets −229K −59.9% 153K $4.7M
Hudson Bay Capital Management LP Hedge fund −217K −60.7% 140K $4.3M
Tudor Investment Corp Et Al Hedge fund −216K Sold out 0 —
Wellington Management Group LLP Active manager −194K −3.2% 5.9M $182M
Susquehanna Portfolio Strategies, LLC −186K −77.6% 54K $1.7M
D. E. Shaw & Co., Inc. Hedge fund −163K −62.8% 96K $3M
Susquehanna International Group, LLP −136K −94.8% 7,488 $230,855
Point72 Asset Management, L.P. Hedge fund −129K Sold out 0 —
Candriam S.C.A. −129K −16.3% 662K $20.4M

New positions

largest by value
InstitutionSharesValue June 30, 2026
T. Rowe Price Investment Management, Inc.Active manager 590K $18.2M
Ikarian Capital, LLC 505K $15.6M
Boothbay Fund Management, LLCHedge fund 154K $4.8M
Pfm Health Sciences, LPHedge fund 152K $4.7M
Millennium Management LLCHedge fund 133K $4.1M
Odyssean, LLC 85K $2.6M
Fred Alger Management, LLCActive manager 60K $1.9M
Bit Capital Gmbh 60K $1.8M
Handelsbanken Fonder AB 39K $1.2M
Trexquant Investment LPHedge fund 33K $1M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Trails Edge Capital Partners, LP 1.0M $22.6M
Renaissance Technologies LLCHedge fund 425K $9.2M
Tudor Investment Corp Et AlHedge fund 216K $4.7M
Point72 Asset Management, L.P.Hedge fund 129K $2.8M
Jane Street Group, LLC 108K $2.3M
Y-Intercept (Hong Kong) Ltd 86K $1.9M
Cantor Fitzgerald, L. P. 45K $972,000
Qube Research & Technologies LtdHedge fund 39K $832,810
Quadrature Capital LtdHedge fund 32K $693,533
Birchview Capital, LP 26K $559,202

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
227
Ten largest holders
67.8%
of 13F-reported shares
Index fund managers
29.4%
of 13F-reported shares
Active managers and hedge funds
26.9%
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 22 21 10 6 +2.1M +6.8%
Index fund managers 8 4 0 0 +2.3M +6.9%
Other institutions 97 62 32 18 −961K −1.8%

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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