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Institutional Ownership · SEC Form 13F

Who owns ETON (ETON)


Which tracked institutional funds hold ETON, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ETON 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.

116
Institutional holders
17,776,350
Shares held (tracked funds)
65.7%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on ETON is one-sided between 2025-Q4 and 2026-Q1: 51 added or opened and 5 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

ETON’s largest tracked holder by dollar value, Opaleye Management Inc., sizes it at 9.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in ETON 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 116 tracked filers holding ETON, 67 increased or opened the position and 49 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

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 ETON 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 16

  • VANGUARD CAPITAL MANAGEMENT LLC$25M
  • Pillsbury Lake Capital LLC$9M
  • Panoramic Capital, LLC$5M
  • Soleus Capital Management, L.P.$4M
  • VANGUARD FIDUCIARY TRUST CO$4M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$4M

Full exits 3

  • VANGUARD GROUP INC$23M
  • Jefferies Financial Group Inc.$2M
  • BRIDGEWAY CAPITAL MANAGEMENT, LLC$1M

Largest adds

  • Opaleye Management Inc.$22M
  • EcoR1 Capital, LLC$19M
  • BlackRock, Inc.$13M
  • Nantahala Capital Management, LLC$9M
  • CANNELL CAPITAL LLC$5M
  • GEODE CAPITAL MANAGEMENT, LLC$5M

Largest trims

  • MILLENNIUM MANAGEMENT LLC$973K
  • Russell Investments Group, Ltd.$774K

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).

FundSharesReported value% of valueQuarter
Opaleye Management Inc.2,860,000$71M14.6%2026-Q1
EcoR1 Capital, LLC added2,171,938$54M11.0%2026-Q1
BlackRock, Inc. trimmed1,717,286$42M8.7%2026-Q1
Nantahala Capital Management, LLC1,175,951$29M6.0%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new994,089$25M5.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added577,666$14M2.9%2026-Q1
STATE STREET CORP added530,215$13M2.7%2026-Q1
National Philanthropic Trust492,112$12M2.5%2026-Q1
MORGAN STANLEY trimmed477,957$12M2.4%2026-Q1
Westside Investment Management, Inc. trimmed467,915$12M2.4%2026-Q1
OBERWEIS ASSET MANAGEMENT INC/ added439,300$11M2.2%2026-Q1
THOMPSON SIEGEL & WALMSLEY LLC trimmed406,089$10M2.1%2026-Q1
Pillsbury Lake Capital LLC new364,954$9M1.9%2026-Q1
CANNELL CAPITAL LLC added341,985$8M1.7%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added302,108$7M1.5%2026-Q1
NORTHERN TRUST CORP added237,832$6M1.2%2026-Q1
GOLDMAN SACHS GROUP INC added217,446$5M1.1%2026-Q1
PRELUDE CAPITAL MANAGEMENT, LLC added188,802$5M1.0%2026-Q1
Aristides Capital LLC added186,041$5M0.9%2026-Q1
Panoramic Capital, LLC new185,000$5M0.9%2026-Q1
Lumbard & Kellner, LLC added175,911$4M0.9%2026-Q1
Woodline Partners LP added170,699$4M0.9%2026-Q1
UBS Group AG added168,958$4M0.9%2026-Q1
Soleus Capital Management, L.P. trimmed166,381$4M0.8%2026-Q1
VANGUARD FIDUCIARY TRUST CO new164,715$4M0.8%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed163,321$4M0.8%2026-Q1
Diametric Capital, LP trimmed156,926$4M0.8%2026-Q1
JPMORGAN CHASE & CO trimmed169,876$4M0.8%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new151,748$4M0.8%2026-Q1
BANK OF AMERICA CORP /DE/ added144,367$4M0.7%2026-Q1
Bank of New York Mellon Corp trimmed111,255$3M0.6%2026-Q1
CITADEL ADVISORS LLC added107,815$3M0.5%2026-Q1
TWO SIGMA INVESTMENTS, LP added106,393$3M0.5%2026-Q1
JANE STREET GROUP, LLC added95,420$2M0.5%2026-Q1
Walleye Capital LLC new81,963$2M0.4%2026-Q1
MARSHALL WACE, LLP added74,820$2M0.4%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed70,124$2M0.4%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed68,795$2M0.3%2026-Q1
SEI INVESTMENTS CO trimmed58,034$1M0.3%2026-Q1
Nuveen, LLC trimmed57,950$1M0.3%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC added55,605$1M0.3%2026-Q1
XTX Topco Ltd added51,772$1M0.3%2026-Q1
BARCLAYS PLC trimmed49,374$1M0.3%2026-Q1
Informed Momentum Co LLC trimmed48,623$1M0.2%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed42,693$1M0.2%2026-Q1
ANCHOR CAPITAL ADVISORS LLC added40,858$1M0.2%2026-Q1
Manatuck Hill Partners, LLC new40,000$987K0.2%2026-Q1
Numerai GP LLC new37,356$922K0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added34,084$841K0.2%2026-Q1
BLAIR WILLIAM & CO/IL32,400$800K0.2%2026-Q1
RHUMBLINE ADVISERS added30,726$758K0.2%2026-Q1
POLEN CAPITAL MANAGEMENT LLC new30,138$744K0.2%2026-Q1
Guilbault Capital LLC23,225$573K0.1%2026-Q1
Invesco Ltd. added22,874$565K0.1%2026-Q1
Brevan Howard Capital Management LP added22,506$555K0.1%2026-Q1
Bridge City Capital, LLC added21,150$522K0.1%2026-Q1
DEUTSCHE BANK AG\ added21,136$522K0.1%2026-Q1
ESSEX INVESTMENT MANAGEMENT CO LLC20,182$498K0.1%2026-Q1
JUNCTURE WEALTH STRATEGIES, LLC added19,181$473K0.1%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD trimmed18,644$460K0.1%2026-Q1
HighTower Advisors, LLC new18,423$455K0.1%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added17,652$436K0.1%2026-Q1
CHICAGO TRUST Co NA16,700$412K0.1%2026-Q1
MetLife Investment Management, LLC15,537$383K0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed14,939$369K0.1%2026-Q1
PDT Partners, LLC14,891$368K0.1%2026-Q1
BANK OF NOVA SCOTIA new15,000$365K0.1%2026-Q1
Voleon Capital Management LP trimmed13,290$328K0.1%2026-Q1
RAYMOND JAMES FINANCIAL INC12,250$302K0.1%2026-Q1
Aquatic Capital Management LLC trimmed12,061$298K0.1%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added12,038$297K0.1%2026-Q1
AMERICAN CENTURY COMPANIES INC new11,926$294K0.1%2026-Q1
Quantum Private Wealth, LLC11,500$284K0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed10,739$265K0.1%2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLC trimmed10,269$253K0.1%2026-Q1
WELLS FARGO & COMPANY/MN trimmed9,559$236K0.0%2026-Q1
VANGUARD GROUP INC added1,348,668$23M4.7%2025-Q4 stale
Divisadero Street Capital Management, LP trimmed298,000$6M1.3%2025-Q3 stale
SUMMIT WEALTH GROUP LLC / CO new25,999$3M0.7%2025-Q3 stale
Apis Capital Advisors, LLC added117,600$3M0.5%2025-Q3 stale
Jefferies Financial Group Inc. added118,300$2M0.4%2025-Q4 stale
STIFEL FINANCIAL CORP trimmed108,168$2M0.3%2025-Q2 stale
BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed84,020$1M0.3%2025-Q4 stale
Cubist Systematic Strategies, LLC added103,200$1M0.3%2025-Q1 stale
JACOBS LEVY EQUITY MANAGEMENT, INC54,275$773K0.2%2025-Q2 stale
WINTON GROUP Ltd new35,304$767K0.2%2025-Q3 stale
HRT FINANCIAL LP added57,235$742K0.2%2025-Q1 stale
BALYASNY ASSET MANAGEMENT L.P. added50,205$652K0.1%2025-Q1 stale
ACADIAN ASSET MANAGEMENT LLC trimmed26,410$573K0.1%2025-Q3 stale
Calamos Advisors LLC new23,634$514K0.1%2025-Q3 stale
Qube Research & Technologies Ltd trimmed34,557$492K0.1%2025-Q2 stale
OMERS ADMINISTRATION Corp trimmed35,300$458K0.1%2025-Q1 stale
BRC Group Holdings, Inc. new31,504$449K0.1%2025-Q2 stale
Hillsdale Investment Management Inc. trimmed18,503$402K0.1%2025-Q3 stale
NAVELLIER & ASSOCIATES INC new17,494$380K0.1%2025-Q3 stale
Sheets Smith Investment Management new14,842$323K0.1%2025-Q3 stale
GSA CAPITAL PARTNERS LLP trimmed14,785$321K0.1%2025-Q3 stale
Schonfeld Strategic Advisors LLC trimmed24,213$314K0.1%2025-Q1 stale
D. E. Shaw & Co., Inc. added15,331$259K0.1%2025-Q4 stale
TWO SIGMA ADVISERS, LP trimmed14,700$249K0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership