undamentalytics Newsletter

Revolution Medicines, Inc.: which funds bought and sold

Institutions that bought and sold Revolution Medicines 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, 473 institutions that filed 13F reports for both quarters added to or opened positions in Revolution Medicines, and 201 cut or closed them. Together they added a net 14.6M shares, +7.8% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 5.1M shares (−6.2%); index fund managers were net buyers of 5.6M shares (+14.5%). 232 opened a new position and 60 sold out entirely.

Bought, Q2 2026 473 institutions, 232 of them new holders Sold, Q2 2026 201 institutions, 60 of them sold out
Net change, all compared +14.6M shares (+7.8%)
Net change, active managers −5.1M shares (−6.2%), 46 bought, 51 sold

Buyers versus sellers

institutions compared, 730
Active managers and hedge funds 46 bought · 51 sold · −5.1M
Index fund managers 10 bought · 2 sold · +5.6M
Other institutions 417 bought · 148 sold · +14.1M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Darwin Global Management, Ltd. +8.4M +380.8% 10.6M $2B
Capital World Investors Active manager +4.0M New position 4.0M $751M
FMR LLC Active manager +3.7M +44.1% 12.2M $2.3B
Jpmorgan Chase & Co +3.0M +994.3% 3.3M $637M
Blackrock, Inc. Index funds +2.5M +22.1% 13.7M $2.6B
Massachusetts Financial Services Co Active manager +2.0M New position 2.0M $377M
Baker Bros. Advisors LP Hedge fund +1.9M +19.8% 11.4M $2.1B
Nearwater Capital Markets, Ltd +1.4M +209.3% 2.1M $393M
AQR Capital Management LLC Hedge fund +1.2M +1009.2% 1.3M $243M
UBS Group AG +1.1M +24.2% 5.4M $1B
Vanguard Portfolio Management LLC Index funds +792K +10.6% 8.3M $1.6B
Vanguard Capital Management LLC Index funds +726K +8.7% 9.1M $1.7B
Lord, Abbett & Co. LLC +655K +488.0% 789K $148M
Geode Capital Management, LLC Index funds +605K +18.1% 3.9M $737M
State Street Corp Index funds +494K +11.2% 4.9M $917M
Pictet Asset Management Holding SA +457K +82.0% 1.0M $191M
Deutsche Bank Ag\ +422K +90.7% 888K $166M
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC +412K +82.3% 912K $171M
Assenagon Asset Management S.A. +401K New position 401K $75.1M
Bank Of America Corp +370K +60.2% 984K $184M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Adage Capital Partners Gp, L.L.C. Hedge fund −4.9M −89.1% 597K $112M
Wellington Management Group LLP Active manager −2.2M −36.2% 3.8M $720M
Vestal Point Capital, LP Hedge fund −1.9M −81.1% 450K $84.3M
Logos Global Management LP Hedge fund −1.3M −65.0% 700K $131M
Alyeska Investment Group, L.P. Hedge fund −1.2M −65.0% 659K $123M
Holocene Advisors, LP Hedge fund −1.1M −44.9% 1.4M $255M
D. E. Shaw & Co., Inc. Hedge fund −1.0M −98.8% 12K $2.3M
Westfield Capital Management Co LP Active manager −956K −61.4% 601K $113M
Price T Rowe Associates Inc Active manager −842K −26.0% 2.4M $448M
Two Sigma Investments, LP Hedge fund −821K −52.7% 738K $138M
Frazier Life Sciences Management, L.P. −676K Sold out 0 —
National Bank Of Canada −653K −37.3% 1.1M $205M
Worldquant Millennium Advisors LLC Hedge fund −550K −88.3% 73K $13.6M
Lunate Capital Ltd −549K Sold out 0 —
Ameriprise Financial Inc −540K −34.2% 1.0M $195M
Aihc Capital Management Ltd −526K −63.4% 303K $56.8M
Woodline Partners LP Hedge fund −504K −20.1% 2.0M $375M
Bellevue Group AG −496K −32.1% 1.0M $196M
Polar Capital Holdings PLC Active manager −444K −39.1% 690K $129M
Stempoint Capital LP −403K −71.6% 160K $30M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Capital World InvestorsActive manager 4.0M $751M
Massachusetts Financial Services CoActive manager 2.0M $377M
Assenagon Asset Management S.A. 401K $75.1M
1832 Asset Management L.P. 309K $57.9M
Patient Square Capital LP 276K $51.7M
National Pension Service 274K $51.2M
Chicago Capital, LLC 252K $47.2M
Nwi Management LP 180K $33.7M
Hood River Capital Management LLC 170K $31.9M
Tri Locum Partners LP 152K $28.4M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Frazier Life Sciences Management, L.P. 676K $65.7M
Lunate Capital Ltd 549K $53.4M
Voloridge Investment Management, LLCHedge fund 368K $35.8M
Ikarian Capital, LLC 163K $15.9M
Squarepoint Ops LLCHedge fund 121K $11.7M
Verition Fund Management LLCHedge fund 110K $10.7M
Connor, Clark & Lunn Investment Management Ltd. 92K $8.9M
Canada Pension Plan Investment Board 89K $8.7M
Braidwell LPHedge fund 85K $8.3M
Algert Global LLCHedge fund 75K $7.3M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
683
Ten largest holders
48.4%
of 13F-reported shares
Index fund managers
20.8%
of 13F-reported shares
Active managers and hedge funds
36.5%
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 46 51 19 11 −5.1M −6.2%
Index fund managers 10 2 0 0 +5.6M +14.5%
Other institutions 417 148 213 49 +14.1M +22.1%

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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