Who owns BIIB (BIIB)
Which tracked institutional funds hold BIIB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BIIB company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
240 tracked funds added or opened BIIB while 168 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BIIB’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes BIIB more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BIIB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 998 tracked filers holding BIIB, 527 increased or opened the position and 425 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BIIB between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 49
- VANGUARD CAPITAL MANAGEMENT LLC$1.7B
- VANGUARD PORTFOLIO MANAGEMENT LLC$1.2B
- VANGUARD FIDUCIARY TRUST CO$151M
- Vanguard Global Advisers, LLC$63M
- VANGUARD ASSET MANAGEMENT, Ltd$46M
- Sofinnova Investments, Inc.$42M
Full exits 52
- VANGUARD GROUP INC$3.1B
- Pacer Advisors, Inc.$202M
- HRT FINANCIAL LP$68M
- Jain Global LLC$62M
- Freestone Grove Partners LP$33M
- Y-Intercept (Hong Kong) Ltd$24M
Largest adds
- FMR LLC$689M
- PRIMECAP MANAGEMENT CO/CA/$108M
- AQR CAPITAL MANAGEMENT LLC$77M
- T. Rowe Price Investment Management, Inc.$76M
- Artemis Investment Management LLP$65M
- GEODE CAPITAL MANAGEMENT, LLC$57M
Largest trims
- BlackRock, Inc.$482M
- Point72 Asset Management, L.P.$347M
- MILLENNIUM MANAGEMENT LLC$181M
- NORGES BANK$170M
- BARCLAYS PLC$129M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$91M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| PRIMECAP MANAGEMENT CO/CA/ trimmed | 14,757,607 | $2.7B | 10.7% | 2026-Q1 |
| FMR LLC added | 12,804,957 | $2.3B | 9.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 11,588,137 | $2.1B | 8.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 9,537,417 | $1.7B | 6.9% | 2026-Q1 |
| STATE STREET CORP added | 7,167,922 | $1.3B | 5.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 6,531,727 | $1.2B | 4.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,342,602 | $793M | 3.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,955,018 | $542M | 2.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 2,170,940 | $398M | 1.6% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 2,016,009 | $378M | 1.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,923,120 | $346M | 1.4% | 2026-Q1 |
| Boston Partners trimmed | 1,700,078 | $312M | 1.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,647,602 | $302M | 1.2% | 2026-Q1 |
| NORGES BANK trimmed | 2,153,386 | $295M | 1.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,446,579 | $265M | 1.0% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,377,568 | $253M | 1.0% | 2026-Q1 |
| Legal & General Group Plc trimmed | 1,349,832 | $247M | 1.0% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 1,160,989 | $213M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,156,369 | $212M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,149,394 | $211M | 0.8% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 1,079,861 | $198M | 0.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,079,119 | $198M | 0.8% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 1,063,828 | $195M | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,051,094 | $193M | 0.8% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 913,328 | $168M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 825,531 | $151M | 0.6% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 809,617 | $148M | 0.6% | 2026-Q1 |
| Alyeska Investment Group, L.P. trimmed | 805,050 | $148M | 0.6% | 2026-Q1 |
| Amundi added | 790,827 | $145M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 788,523 | $145M | 0.6% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. added | 763,174 | $140M | 0.6% | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC trimmed | 733,194 | $134M | 0.5% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 720,629 | $134M | 0.5% | 2026-Q1 |
| Employees Provident Fund Board | 704,196 | $129M | 0.5% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 673,958 | $124M | 0.5% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 672,427 | $123M | 0.5% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 650,046 | $119M | 0.5% | 2026-Q1 |
| AustralianSuper Pty Ltd added | 616,193 | $113M | 0.4% | 2026-Q1 |
| Artemis Investment Management LLP added | 571,571 | $105M | 0.4% | 2026-Q1 |
| BARCLAYS PLC trimmed | 551,474 | $101M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 531,377 | $97M | 0.4% | 2026-Q1 |
| UBS Group AG trimmed | 523,450 | $96M | 0.4% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 522,155 | $96M | 0.4% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 518,694 | $95M | 0.4% | 2026-Q1 |
| CITIGROUP INC trimmed | 500,507 | $92M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 471,068 | $86M | 0.3% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 463,652 | $85M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 430,600 | $79M | 0.3% | 2026-Q1 |
| National Pension Service added | 401,667 | $74M | 0.3% | 2026-Q1 |
| Candriam S.C.A. added | 381,768 | $70M | 0.3% | 2026-Q1 |
| Patient Capital Management, LLC trimmed | 379,741 | $70M | 0.3% | 2026-Q1 |
| Nuveen, LLC trimmed | 358,838 | $66M | 0.3% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 356,291 | $65M | 0.3% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 343,768 | $63M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 340,903 | $62M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 334,413 | $61M | 0.2% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 333,739 | $61M | 0.2% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 333,457 | $61M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 320,785 | $59M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 318,745 | $58M | 0.2% | 2026-Q1 |
| FIL Ltd trimmed | 318,056 | $58M | 0.2% | 2026-Q1 |
| Fisher Asset Management, LLC added | 312,618 | $57M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC added | 298,437 | $55M | 0.2% | 2026-Q1 |
| Swedbank AB added | 289,840 | $53M | 0.2% | 2026-Q1 |
| CAUSEWAY CAPITAL MANAGEMENT LLC trimmed | 280,783 | $51M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 275,438 | $50M | 0.2% | 2026-Q1 |
| AEGON ASSET MANAGEMENT UK Plc trimmed | 258,735 | $47M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 249,778 | $46M | 0.2% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 248,489 | $46M | 0.2% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC added | 248,343 | $46M | 0.2% | 2026-Q1 |
| KBC Group NV added | 234,692 | $43M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 229,879 | $42M | 0.2% | 2026-Q1 |
| Sofinnova Investments, Inc. added | 229,521 | $42M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 220,687 | $40M | 0.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 215,436 | $40M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 212,921 | $39M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 212,897 | $37M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 203,396 | $37M | 0.1% | 2026-Q1 |
| Hudson Bay Capital Management LP trimmed | 201,367 | $37M | 0.1% | 2026-Q1 |
| Logos Global Management LP | 200,000 | $37M | 0.1% | 2026-Q1 |
| KLP KAPITALFORVALTNING AS added | 199,177 | $37M | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC added | 195,668 | $36M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 187,059 | $34M | 0.1% | 2026-Q1 |
| Allianz Asset Management GmbH trimmed | 178,049 | $33M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 163,887 | $30M | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC added | 152,076 | $28M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 151,993 | $28M | 0.1% | 2026-Q1 |
| Aberdeen Group plc added | 151,144 | $28M | 0.1% | 2026-Q1 |
| LETKO, BROSSEAU & ASSOCIATES INC added | 150,865 | $28M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 144,448 | $26M | 0.1% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 142,065 | $26M | 0.1% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 141,324 | $26M | 0.1% | 2026-Q1 |
| Palo Alto Investors LP trimmed | 140,719 | $26M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 17,367,357 | $3.1B | 12.0% | 2025-Q4 stale |
| Pacer Advisors, Inc. trimmed | 1,145,890 | $202M | 0.8% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 384,265 | $68M | 0.3% | 2025-Q4 stale |
| Jain Global LLC added | 353,173 | $62M | 0.2% | 2025-Q4 stale |
| Vestal Point Capital, LP added | 275,000 | $39M | 0.2% | 2025-Q3 stale |
| Freestone Grove Partners LP trimmed | 187,608 | $33M | 0.1% | 2025-Q4 stale |
| WEDGE CAPITAL MANAGEMENT L L P/NC added | 192,872 | $27M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.