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Institutional Ownership · SEC Form 13F

Who owns Regeneron Pharmaceuticals, Inc. (REGN)


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

Ownership as of the 2026-Q1 13F filings (latest filed 2026-07-15). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,390
Institutional holders
89M
Shares held (tracked funds)
98.1%
Of shares outstanding

How the tape is positioned

321 tracked funds added or opened REGN while 255 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

REGN’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes REGN more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in REGN 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 1390 tracked filers holding REGN, 705 increased or opened the position and 594 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 REGN 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 60

  • VANGUARD CAPITAL MANAGEMENT LLC$5.1B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.3B
  • VANGUARD FIDUCIARY TRUST CO$440M
  • Vanguard Global Advisers, LLC$177M
  • VANGUARD ASSET MANAGEMENT, Ltd$136M
  • JENNISON ASSOCIATES LLC$89M

Full exits 55

  • VANGUARD GROUP INC$7.0B
  • TWO SIGMA ADVISERS, LP$467M
  • Holocene Advisors, LP$356M
  • Capitolis Liquid Global Markets LLC$62M
  • Skandinaviska Enskilda Banken AB (publ)$44M
  • Carmignac Gestion$39M

Largest adds

  • WELLINGTON MANAGEMENT GROUP LLP$905M
  • Invesco Ltd.$457M
  • TWO SIGMA INVESTMENTS, LP$411M
  • Bellevue Group AG$205M
  • JPMORGAN CHASE & CO$190M
  • PRICE T ROWE ASSOCIATES INC /MD/$177M

Largest trims

  • FMR LLC$626M
  • BlackRock, Inc.$446M
  • MARSHALL WACE, LLP$369M
  • NORGES BANK$297M
  • MILLENNIUM MANAGEMENT LLC$245M
  • ACADIAN ASSET MANAGEMENT LLC$227M

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
BlackRock, Inc. trimmed8,155,020$6.3B9.2%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new6,654,913$5.1B7.5%2026-Q1
STATE STREET CORP added4,664,478$3.6B5.3%2026-Q1
DODGE & COX trimmed4,458,238$3.4B5.0%2026-Q1
JPMORGAN CHASE & CO added4,311,806$3.2B4.7%2026-Q1
FRANKLIN RESOURCES INC added2,722,071$2.1B3.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added2,607,732$2.0B2.9%2026-Q1
Invesco Ltd. added2,180,631$1.7B2.5%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added2,177,527$1.7B2.5%2026-Q1
Nuveen, LLC added2,065,064$1.6B2.3%2026-Q1
LOOMIS SAYLES & CO L P trimmed1,912,310$1.5B2.2%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added1,834,870$1.4B2.1%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,720,774$1.3B1.9%2026-Q1
FMR LLC trimmed1,507,559$1.2B1.7%2026-Q1
Capital World Investors added1,419,000$1.1B1.6%2026-Q1
MORGAN STANLEY trimmed1,319,329$1.0B1.5%2026-Q1
GOLDMAN SACHS GROUP INC added1,300,558$1.0B1.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC added1,230,777$946M1.4%2026-Q1
BANK OF AMERICA CORP /DE/ added1,189,584$919M1.3%2026-Q1
Amundi added1,009,798$780M1.1%2026-Q1
NORTHERN TRUST CORP trimmed941,941$728M1.1%2026-Q1
NORGES BANK trimmed1,128,524$716M1.0%2026-Q1
TWO SIGMA INVESTMENTS, LP added812,236$628M0.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added804,508$622M0.9%2026-Q1
Bank of New York Mellon Corp added765,411$591M0.9%2026-Q1
Legal & General Group Plc trimmed732,054$566M0.8%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed723,621$559M0.8%2026-Q1
DEUTSCHE BANK AG\ trimmed625,388$483M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new569,940$440M0.6%2026-Q1
AMERICAN CENTURY COMPANIES INC added562,097$434M0.6%2026-Q1
DIMENSIONAL FUND ADVISORS LP added513,060$396M0.6%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added448,371$346M0.5%2026-Q1
NEUBERGER BERMAN GROUP LLC added427,129$330M0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed426,914$330M0.5%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed408,931$316M0.5%2026-Q1
National Pension Service added371,551$287M0.4%2026-Q1
Pacer Advisors, Inc. trimmed360,467$277M0.4%2026-Q1
ROYAL BANK OF CANADA added351,171$271M0.4%2026-Q1
TD Asset Management Inc trimmed350,923$271M0.4%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC added349,912$270M0.4%2026-Q1
Robeco Institutional Asset Management B.V. added348,787$269M0.4%2026-Q1
FIRST TRUST ADVISORS LP added346,855$268M0.4%2026-Q1
Pictet Asset Management Holding SA trimmed337,254$258M0.4%2026-Q1
Caisse de depot et placement du Quebec trimmed329,018$254M0.4%2026-Q1
HSBC HOLDINGS PLC added323,338$250M0.4%2026-Q1
AMERIPRISE FINANCIAL INC added319,677$247M0.4%2026-Q1
Man Group plc added315,212$244M0.4%2026-Q1
BARCLAYS PLC added313,093$242M0.4%2026-Q1
FIL Ltd trimmed309,509$239M0.4%2026-Q1
Swiss National Bank added303,140$234M0.3%2026-Q1
Allianz Asset Management GmbH added301,196$233M0.3%2026-Q1
UBS Group AG added299,979$232M0.3%2026-Q1
Bellevue Group AG added278,674$215M0.3%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed273,669$211M0.3%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added273,120$211M0.3%2026-Q1
FEDERATED HERMES, INC. added254,946$197M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added240,600$186M0.3%2026-Q1
Epoch Investment Partners, Inc. trimmed238,725$184M0.3%2026-Q1
Vanguard Global Advisers, LLC new228,491$177M0.3%2026-Q1
Russell Investments Group, Ltd. added228,086$176M0.3%2026-Q1
California Public Employees Retirement System added218,772$169M0.2%2026-Q1
Swedbank AB trimmed215,590$167M0.2%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed214,160$165M0.2%2026-Q1
JANUS HENDERSON GROUP PLC added209,248$162M0.2%2026-Q1
DekaBank Deutsche Girozentrale211,207$161M0.2%2026-Q1
Assenagon Asset Management S.A. trimmed207,788$161M0.2%2026-Q1
MCDONALD CAPITAL INVESTORS INC/CA trimmed205,871$159M0.2%2026-Q1
Chevy Chase Trust Holdings, LLC added205,833$159M0.2%2026-Q1
LSV ASSET MANAGEMENT added196,279$152M0.2%2026-Q1
Polar Capital Holdings Plc trimmed192,546$149M0.2%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added187,553$145M0.2%2026-Q1
Candriam S.C.A. trimmed186,388$144M0.2%2026-Q1
CITIGROUP INC trimmed184,691$143M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new176,342$136M0.2%2026-Q1
Bronte Capital Management Pty Ltd. trimmed172,787$134M0.2%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed171,571$133M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added165,542$128M0.2%2026-Q1
Squarepoint Ops LLC added162,814$126M0.2%2026-Q1
SG Americas Securities, LLC added158,278$122M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed157,781$122M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed154,201$119M0.2%2026-Q1
ProShare Advisors LLC trimmed152,397$118M0.2%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed151,191$117M0.2%2026-Q1
SOUND SHORE MANAGEMENT INC /CT/ trimmed150,960$117M0.2%2026-Q1
WELLS FARGO & COMPANY/MN added142,021$110M0.2%2026-Q1
PRUDENTIAL FINANCIAL INC added140,491$109M0.2%2026-Q1
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ trimmed130,662$101M0.1%2026-Q1
NATIONAL BANK OF CANADA /FI/ added130,006$100M0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added129,074$100M0.1%2026-Q1
Retirement Systems of Alabama trimmed128,285$99M0.1%2026-Q1
NATIXIS ADVISORS, LLC added125,673$97M0.1%2026-Q1
Handelsbanken Fonder AB added125,036$97M0.1%2026-Q1
Mariner, LLC added123,954$96M0.1%2026-Q1
Aberdeen Group plc trimmed121,344$94M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added120,425$93M0.1%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND117,369$91M0.1%2026-Q1
VANGUARD GROUP INC added9,075,117$7.0B10.3%2025-Q4 stale
Capital International Investors trimmed876,564$493M0.7%2025-Q3 stale
TWO SIGMA ADVISERS, LP trimmed604,540$467M0.7%2025-Q4 stale
Holocene Advisors, LP added460,723$356M0.5%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