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Institutional Ownership · SEC Form 13F

Who owns INSM (INSM)


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

668
Institutional holders
217,274,118
Shares held (tracked funds)

How the tape is positioned

173 tracked funds added or opened INSM while 221 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

INSM’s largest tracked holder by dollar value, JPMORGAN CHASE & CO, sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in INSM 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 668 tracked filers holding INSM, 384 increased or opened the position and 322 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 INSM 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 45

  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.7B
  • VANGUARD CAPITAL MANAGEMENT LLC$1.6B
  • Capital World Investors$223M
  • VANGUARD FIDUCIARY TRUST CO$221M
  • Paradigm Biocapital Advisors LP$205M
  • VANGUARD ASSET MANAGEMENT, Ltd$59M

Full exits 51

  • VANGUARD GROUP INC$3.6B
  • Holocene Advisors, LP$139M
  • TWO SIGMA ADVISERS, LP$69M
  • Zurich Insurance Group Ltd/FI$49M
  • Alberta Investment Management Corp$36M
  • NOVO HOLDINGS A/S$35M

Largest adds

  • FMR LLC$419M
  • Invesco Ltd.$265M
  • Artisan Partners Limited Partnership$224M
  • WESTFIELD CAPITAL MANAGEMENT CO LP$165M
  • D. E. Shaw & Co., Inc.$163M
  • AMERIPRISE FINANCIAL INC$157M

Largest trims

  • Darwin Global Management, Ltd.$1.1B
  • BlackRock, Inc.$449M
  • Orbis Allan Gray Ltd$421M
  • NORGES BANK$374M
  • JPMORGAN CHASE & CO$335M
  • PRICE T ROWE ASSOCIATES INC /MD/$197M

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
JPMORGAN CHASE & CO added24,150,499$3.7B10.1%2026-Q1
Darwin Global Management, Ltd. trimmed16,805,184$2.6B7.1%2026-Q1
BlackRock, Inc. trimmed13,288,898$2.2B5.9%2026-Q1
FMR LLC added13,127,484$2.1B5.9%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new10,371,802$1.7B4.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new9,642,131$1.6B4.3%2026-Q1
BAKER BROS. ADVISORS LP added7,421,111$1.2B3.3%2026-Q1
Artisan Partners Limited Partnership added6,527,301$1.1B2.9%2026-Q1
D. E. Shaw & Co., Inc. added5,625,825$920M2.5%2026-Q1
Capital International Investors added5,595,194$915M2.5%2026-Q1
STATE STREET CORP added5,551,699$908M2.5%2026-Q1
RTW INVESTMENTS, LP added4,842,880$792M2.2%2026-Q1
Invesco Ltd. added4,523,921$740M2.0%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added4,450,389$733M2.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed3,092,807$506M1.4%2026-Q1
AMERIPRISE FINANCIAL INC added3,057,718$500M1.4%2026-Q1
FRANKLIN RESOURCES INC trimmed2,617,251$428M1.2%2026-Q1
CITADEL ADVISORS LLC added2,182,571$357M1.0%2026-Q1
Orbis Allan Gray Ltd trimmed1,872,824$306M0.8%2026-Q1
UBS Group AG trimmed1,737,481$284M0.8%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed1,502,281$246M0.7%2026-Q1
Integral Health Asset Management, LLC added1,500,000$245M0.7%2026-Q1
WESTFIELD CAPITAL MANAGEMENT CO LP added1,468,459$240M0.7%2026-Q1
SEI INVESTMENTS CO added1,395,794$228M0.6%2026-Q1
Capital World Investors new1,362,291$223M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new1,354,516$221M0.6%2026-Q1
MORGAN STANLEY trimmed1,331,542$218M0.6%2026-Q1
NORTHERN TRUST CORP added1,294,000$212M0.6%2026-Q1
Castle Hook Partners LP added1,269,754$208M0.6%2026-Q1
Bank of New York Mellon Corp trimmed1,262,749$206M0.6%2026-Q1
Paradigm Biocapital Advisors LP added1,254,488$205M0.6%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added1,215,025$199M0.5%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed1,157,786$189M0.5%2026-Q1
Duquesne Family Office LLC trimmed1,154,090$189M0.5%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed1,143,739$187M0.5%2026-Q1
Pictet Asset Management Holding SA added1,102,248$179M0.5%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,069,390$175M0.5%2026-Q1
Fiera Capital Corp added1,021,970$167M0.5%2026-Q1
NWI MANAGEMENT LP added1,014,000$166M0.5%2026-Q1
GOLDMAN SACHS GROUP INC trimmed942,646$154M0.4%2026-Q1
AMERICAN CENTURY COMPANIES INC added925,799$151M0.4%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added916,464$150M0.4%2026-Q1
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed902,666$148M0.4%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. added900,000$147M0.4%2026-Q1
FIL Ltd trimmed828,947$136M0.4%2026-Q1
NORGES BANK trimmed1,742,843$133M0.4%2026-Q1
Amundi trimmed804,977$132M0.4%2026-Q1
Legal & General Group Plc added787,079$129M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed775,148$121M0.3%2026-Q1
ALLIANCEBERNSTEIN L.P. added688,734$120M0.3%2026-Q1
Hood River Capital Management LLC added688,554$113M0.3%2026-Q1
AQR CAPITAL MANAGEMENT LLC added674,771$109M0.3%2026-Q1
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC trimmed653,445$107M0.3%2026-Q1
Clearbridge Investments, LLC trimmed643,435$105M0.3%2026-Q1
Artia Global Partners LP trimmed628,712$103M0.3%2026-Q1
Swiss National Bank added625,912$102M0.3%2026-Q1
GW&K Investment Management, LLC added623,048$102M0.3%2026-Q1
JENNISON ASSOCIATES LLC added604,694$99M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed604,600$99M0.3%2026-Q1
WELLS FARGO & COMPANY/MN added597,384$98M0.3%2026-Q1
TimesSquare Capital Management, LLC added584,798$96M0.3%2026-Q1
DEUTSCHE BANK AG\ trimmed562,474$92M0.3%2026-Q1
EVENTIDE ASSET MANAGEMENT, LLC added546,310$89M0.2%2026-Q1
FEDERATED HERMES, INC. trimmed538,257$88M0.2%2026-Q1
Nuveen, LLC trimmed534,750$87M0.2%2026-Q1
ROYAL BANK OF CANADA added523,101$86M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. added501,282$82M0.2%2026-Q1
Ensign Peak Advisors, Inc added499,756$82M0.2%2026-Q1
Affinity Asset Advisors, LLC added480,000$78M0.2%2026-Q1
FRONTIER CAPITAL MANAGEMENT CO LLC added469,561$77M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added467,753$76M0.2%2026-Q1
JANUS HENDERSON GROUP PLC trimmed419,304$69M0.2%2026-Q1
SAMLYN CAPITAL, LLC added417,205$68M0.2%2026-Q1
Palo Alto Investors LP trimmed415,269$68M0.2%2026-Q1
Candriam S.C.A. added401,735$66M0.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP added400,900$65M0.2%2026-Q1
LORD, ABBETT & CO. LLC trimmed397,261$65M0.2%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed396,245$65M0.2%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed395,619$65M0.2%2026-Q1
Polar Capital Holdings Plc added368,107$60M0.2%2026-Q1
GATEWAY INVESTMENT ADVISERS LLC365,000$60M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new360,075$59M0.2%2026-Q1
Sofinnova Investments, Inc. added346,075$57M0.2%2026-Q1
California Public Employees Retirement System trimmed344,612$56M0.2%2026-Q1
Rock Springs Capital Management LP trimmed314,300$51M0.1%2026-Q1
MARSHALL WACE, LLP trimmed312,565$51M0.1%2026-Q1
National Pension Service added311,881$51M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed303,182$50M0.1%2026-Q1
Nearwater Capital Markets, Ltd trimmed300,000$49M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added299,925$49M0.1%2026-Q1
VANGUARD GROUP INC added20,788,725$3.6B9.9%2025-Q4 stale
Deep Track Capital, LP added1,750,000$176M0.5%2025-Q2 stale
Holocene Advisors, LP trimmed801,165$139M0.4%2025-Q4 stale
PERCEPTIVE ADVISORS LLC added702,130$101M0.3%2025-Q3 stale
MAVERICK CAPITAL LTD trimmed656,539$95M0.3%2025-Q3 stale
Vestal Point Capital, LP added1,075,000$82M0.2%2025-Q1 stale
ALKEON CAPITAL MANAGEMENT LLC500,000$72M0.2%2025-Q3 stale
TWO SIGMA ADVISERS, LP added395,000$69M0.2%2025-Q4 stale
DEERFIELD MANAGEMENT COMPANY, L.P. trimmed471,000$68M0.2%2025-Q3 stale
Zurich Insurance Group Ltd/FI new281,098$49M0.1%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.

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