Who owns DAWN (DAWN)
Which tracked institutional funds hold DAWN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DAWN 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
The tracked-fund tape on DAWN is one-sided between 2025-Q4 and 2026-Q1: 120 added or opened and 38 trimmed or exited — on balance accumulating.
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
DAWN’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes DAWN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DAWN 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 209 tracked filers holding DAWN, 145 increased or opened the position and 107 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 DAWN 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 59
- GLAZER CAPITAL, LLC$100M
- FIL Ltd$89M
- Kryger Capital LLC$84M
- VANGUARD CAPITAL MANAGEMENT LLC$72M
- AQR Arbitrage LLC$53M
- VANGUARD PORTFOLIO MANAGEMENT LLC$45M
Full exits 26
- Atlas Venture Life Science Advisors, LLC$60M
- VANGUARD GROUP INC$53M
- Vestal Point Capital, LP$48M
- AIGH Capital Management LLC$19M
- Jefferies Financial Group Inc.$10M
- MAK CAPITAL ONE LLC$8M
Largest adds
- BlackRock, Inc.$69M
- JPMORGAN CHASE & CO$67M
- UBS Group AG$48M
- DEERFIELD MANAGEMENT COMPANY, L.P.$45M
- BALYASNY ASSET MANAGEMENT L.P.$42M
- Nuveen, LLC$34M
Largest trims
- FMR LLC$53M
- Pictet Asset Management Holding SA$28M
- CITADEL ADVISORS LLC$7M
- HRT FINANCIAL LP$3M
- BARCLAYS PLC$2M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$2M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 7,044,487 | $151M | 6.9% | 2026-Q1 |
| GLAZER CAPITAL, LLC new | 4,683,687 | $100M | 4.6% | 2026-Q1 |
| FIL Ltd new | 4,131,907 | $89M | 4.1% | 2026-Q1 |
| Kryger Capital LLC new | 3,896,485 | $84M | 3.8% | 2026-Q1 |
| DEERFIELD MANAGEMENT COMPANY, L.P. | 3,723,131 | $80M | 3.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 3,357,684 | $72M | 3.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 3,134,753 | $67M | 3.1% | 2026-Q1 |
| STATE STREET CORP trimmed | 2,869,876 | $62M | 2.8% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 2,625,235 | $56M | 2.6% | 2026-Q1 |
| AQR Arbitrage LLC new | 2,462,154 | $53M | 2.4% | 2026-Q1 |
| UBS Group AG added | 2,305,123 | $49M | 2.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,095,813 | $45M | 2.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,954,735 | $42M | 1.9% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 1,954,552 | $42M | 1.9% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,927,557 | $41M | 1.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,902,868 | $41M | 1.9% | 2026-Q1 |
| O'Connor Alternative Investments LLC new | 1,867,553 | $40M | 1.8% | 2026-Q1 |
| Nuveen, LLC added | 1,823,998 | $39M | 1.8% | 2026-Q1 |
| PERCEPTIVE ADVISORS LLC added | 1,755,799 | $38M | 1.7% | 2026-Q1 |
| ODDO BHF ASSET MANAGEMENT SAS new | 1,550,000 | $33M | 1.5% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC new | 1,539,100 | $33M | 1.5% | 2026-Q1 |
| First Trust Capital Management L.P. new | 1,496,007 | $32M | 1.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,296,984 | $28M | 1.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 979,238 | $21M | 1.0% | 2026-Q1 |
| DAFNA Capital Management LLC trimmed | 978,463 | $21M | 1.0% | 2026-Q1 |
| WATER ISLAND CAPITAL LLC new | 944,247 | $20M | 0.9% | 2026-Q1 |
| ALPINE ASSOCIATES MANAGEMENT INC. new | 925,000 | $20M | 0.9% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 819,371 | $18M | 0.8% | 2026-Q1 |
| Pentwater Capital Management LP new | 800,000 | $17M | 0.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 687,107 | $15M | 0.7% | 2026-Q1 |
| Hudson Bay Capital Management LP trimmed | 670,000 | $14M | 0.7% | 2026-Q1 |
| NORTHERN TRUST CORP added | 666,180 | $14M | 0.7% | 2026-Q1 |
| Magnetar Financial LLC added | 645,173 | $14M | 0.6% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 643,738 | $14M | 0.6% | 2026-Q1 |
| Polar Asset Management Partners Inc. new | 630,410 | $14M | 0.6% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 617,561 | $13M | 0.6% | 2026-Q1 |
| TIG Advisors, LLC new | 613,918 | $13M | 0.6% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 546,428 | $12M | 0.5% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,214,783 | $11M | 0.5% | 2026-Q1 |
| Beryl Capital Management LLC new | 514,114 | $11M | 0.5% | 2026-Q1 |
| Jump Financial, LLC trimmed | 497,365 | $11M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 478,839 | $10M | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 475,436 | $10M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 473,543 | $10M | 0.5% | 2026-Q1 |
| GABELLI FUNDS LLC new | 464,097 | $10M | 0.5% | 2026-Q1 |
| Cinctive Capital Management LP new | 450,000 | $10M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 438,736 | $9M | 0.4% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 436,732 | $9M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 415,706 | $9M | 0.4% | 2026-Q1 |
| Hennion & Walsh Asset Management, Inc. added | 367,134 | $8M | 0.4% | 2026-Q1 |
| LMR Partners LLP added | 362,641 | $8M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 337,767 | $7M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 328,638 | $7M | 0.3% | 2026-Q1 |
| GABELLI & Co INVESTMENT ADVISERS, INC. new | 325,350 | $7M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 261,700 | $6M | 0.3% | 2026-Q1 |
| CAPSTONE INVESTMENT ADVISORS, LLC added | 236,000 | $5M | 0.2% | 2026-Q1 |
| Public Sector Pension Investment Board new | 236,000 | $5M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 231,043 | $5M | 0.2% | 2026-Q1 |
| ABC ARBITRAGE SA new | 228,817 | $5M | 0.2% | 2026-Q1 |
| Alberta Investment Management Corp new | 200,000 | $4M | 0.2% | 2026-Q1 |
| Man Group plc added | 200,000 | $4M | 0.2% | 2026-Q1 |
| Woodline Partners LP added | 189,057 | $4M | 0.2% | 2026-Q1 |
| Eversept Partners, LP new | 183,902 | $4M | 0.2% | 2026-Q1 |
| Groupe la Francaise new | 179,495 | $4M | 0.2% | 2026-Q1 |
| Slotnik Capital, LLC new | 166,837 | $4M | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 159,898 | $3M | 0.2% | 2026-Q1 |
| Skandinaviska Enskilda Banken AB (publ) added | 150,000 | $3M | 0.1% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 147,012 | $3M | 0.1% | 2026-Q1 |
| Swiss National Bank | 141,500 | $3M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 136,991 | $3M | 0.1% | 2026-Q1 |
| CREDIT INDUSTRIEL ET COMMERCIAL new | 135,420 | $3M | 0.1% | 2026-Q1 |
| Versor Investments LP new | 123,673 | $3M | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 122,922 | $3M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 119,288 | $3M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 118,557 | $3M | 0.1% | 2026-Q1 |
| Sagefield Capital LP new | 110,199 | $2M | 0.1% | 2026-Q1 |
| Atlas Venture Life Science Advisors, LLC trimmed | 6,412,560 | $60M | 2.7% | 2025-Q4 stale |
| VANGUARD GROUP INC trimmed | 5,723,288 | $53M | 2.4% | 2025-Q4 stale |
| Vestal Point Capital, LP added | 5,200,000 | $48M | 2.2% | 2025-Q4 stale |
| RA CAPITAL MANAGEMENT, L.P. | 5,755,577 | $46M | 2.1% | 2025-Q1 stale |
| Estuary Capital Management LP trimmed | 3,326,849 | $26M | 1.2% | 2025-Q1 stale |
| Rubric Capital Management LP new | 3,377,071 | $24M | 1.1% | 2025-Q3 stale |
| AIGH Capital Management LLC added | 1,992,021 | $19M | 0.9% | 2025-Q4 stale |
| Alyeska Investment Group, L.P. trimmed | 2,212,187 | $16M | 0.7% | 2025-Q3 stale |
| BRAIDWELL LP | 2,181,598 | $15M | 0.7% | 2025-Q3 stale |
| Polar Capital Holdings Plc trimmed | 2,109,177 | $14M | 0.6% | 2025-Q2 stale |
| Jefferies Financial Group Inc. new | 1,121,502 | $10M | 0.5% | 2025-Q4 stale |
| Boxer Capital Management, LLC | 1,189,943 | $9M | 0.4% | 2025-Q1 stale |
| MAK CAPITAL ONE LLC trimmed | 826,205 | $8M | 0.4% | 2025-Q4 stale |
| JACOBS LEVY EQUITY MANAGEMENT, INC new | 729,281 | $7M | 0.3% | 2025-Q4 stale |
| Parkman Healthcare Partners LLC added | 645,544 | $6M | 0.3% | 2025-Q4 stale |
| EcoR1 Capital, LLC | 862,068 | $6M | 0.3% | 2025-Q2 stale |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 569,624 | $5M | 0.2% | 2025-Q4 stale |
| Pale Fire Capital SE added | 544,063 | $5M | 0.2% | 2025-Q4 stale |
| ALGERT GLOBAL LLC trimmed | 535,290 | $5M | 0.2% | 2025-Q4 stale |
| J. Goldman & Co LP added | 569,619 | $4M | 0.2% | 2025-Q3 stale |
| Schonfeld Strategic Advisors LLC added | 300,102 | $3M | 0.1% | 2025-Q4 stale |
| Logos Global Management LP trimmed | 300,000 | $3M | 0.1% | 2025-Q4 stale |
| Y-Intercept (Hong Kong) Ltd added | 282,025 | $3M | 0.1% | 2025-Q4 stale |
| GROUP ONE TRADING LLC added | 253,143 | $2M | 0.1% | 2025-Q4 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.