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Institutional Ownership · SEC Form 13F

Who owns Regeneron Pharmaceuticals (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-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,255
Institutional holders
88M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on REGN is one-sided between 2026-Q1 and 2026-Q2: 161 added or opened and 600 trimmed or exited — on balance reducing.

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, BlackRock, Inc., sizes it at 0.1% 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 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 2026-Q1 and 2026-Q2, across 1255 tracked filers holding REGN, 576 increased or opened the position and 776 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

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 2026-Q1 and 2026-Q2 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 47

  • Jupiter Topco LLC$90M
  • Nykredit A/S$26M
  • Aquatic Capital Management LLC$20M
  • Ranmore Fund Management Ltd$19M
  • SteelPeak Wealth, LLC$14M
  • Bluespring Wealth Management, LLC$12M

Full exits 117

  • Amundi$780M
  • Pacer Advisors, Inc.$277M
  • JANUS HENDERSON GROUP PLC$162M
  • DekaBank Deutsche Girozentrale$161M
  • LSV ASSET MANAGEMENT$152M
  • Polar Capital Holdings Plc$149M

Largest adds

  • Invesco Ltd.$772M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$650M
  • NORDEA INVESTMENT MANAGEMENT AB$155M
  • WORLDQUANT MILLENNIUM ADVISORS LLC$143M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$113M
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC$90M

Largest trims

  • VANGUARD CAPITAL MANAGEMENT LLC$1.0B
  • JPMORGAN CHASE & CO$846M
  • PRICE T ROWE ASSOCIATES INC /MD/$729M
  • FMR LLC$646M
  • WELLINGTON MANAGEMENT GROUP LLP$626M
  • BlackRock, Inc.$618M

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added9,113,506$5.7B11.6%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC trimmed6,629,759$4.1B8.5%2026-Q2
DODGE & COX added4,871,137$3.0B6.2%2026-Q2
STATE STREET CORP added4,834,688$3.0B6.2%2026-Q2
Invesco Ltd. added3,940,665$2.5B5.0%2026-Q2
JPMORGAN CHASE & CO trimmed3,774,199$2.4B4.9%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added3,175,313$2.0B4.0%2026-Q2
FRANKLIN RESOURCES INC added2,771,839$1.7B3.5%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added2,625,810$1.6B3.3%2026-Q2
Nuveen, LLC trimmed2,019,974$1.3B2.6%2026-Q2
LOOMIS SAYLES & CO L P trimmed1,859,172$1.2B2.4%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ trimmed1,529,709$954M2.0%2026-Q2
MORGAN STANLEY added1,397,712$872M1.8%2026-Q2
BANK OF AMERICA CORP /DE/ added1,291,053$805M1.6%2026-Q2
WELLINGTON MANAGEMENT GROUP LLP trimmed1,270,087$792M1.6%2026-Q2
NORGES BANK added1,172,808$731M1.5%2026-Q2
GOLDMAN SACHS GROUP INC trimmed1,163,191$725M1.5%2026-Q2
AQR CAPITAL MANAGEMENT LLC trimmed1,126,080$702M1.4%2026-Q2
NORTHERN TRUST CORP trimmed916,467$571M1.2%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added846,306$528M1.1%2026-Q2
FMR LLC trimmed831,964$519M1.1%2026-Q2
Capital World Investors trimmed814,925$508M1.0%2026-Q2
Legal & General Group Plc added759,971$474M1.0%2026-Q2
Bank of New York Mellon Corp trimmed758,492$473M1.0%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed716,560$447M0.9%2026-Q2
TWO SIGMA INVESTMENTS, LP trimmed656,124$409M0.8%2026-Q2
VANGUARD FIDUCIARY TRUST CO trimmed563,711$351M0.7%2026-Q2
DIMENSIONAL FUND ADVISORS LP added559,687$349M0.7%2026-Q2
FIRST TRUST ADVISORS LP added547,132$341M0.7%2026-Q2
DEUTSCHE BANK AG\ trimmed518,409$323M0.7%2026-Q2
Robeco Institutional Asset Management B.V. added460,602$287M0.6%2026-Q2
Man Group plc added436,956$272M0.6%2026-Q2
NEUBERGER BERMAN GROUP LLC trimmed421,976$263M0.5%2026-Q2
BNP PARIBAS FINANCIAL MARKETS trimmed399,847$249M0.5%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added393,685$245M0.5%2026-Q2
HSBC HOLDINGS PLC added382,028$239M0.5%2026-Q2
National Pension Service added379,815$237M0.5%2026-Q2
NORDEA INVESTMENT MANAGEMENT AB added363,479$227M0.5%2026-Q2
WORLDQUANT MILLENNIUM ADVISORS LLC added353,970$221M0.5%2026-Q2
CITIGROUP INC added346,637$216M0.4%2026-Q2
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added331,560$207M0.4%2026-Q2
Allianz Asset Management GmbH added327,683$237M0.5%2026-Q2
UBS Group AG trimmed298,234$186M0.4%2026-Q2
Swiss National Bank trimmed293,020$183M0.4%2026-Q2
ALLIANCEBERNSTEIN L.P. trimmed292,338$226M0.5%2026-Q2
Sumitomo Mitsui Trust Group, Inc. added282,199$176M0.4%2026-Q2
FIL Ltd trimmed265,490$166M0.3%2026-Q2
TD Asset Management Inc trimmed259,317$162M0.3%2026-Q2
Mitsubishi UFJ Asset Management Co., Ltd. added257,450$161M0.3%2026-Q2
FEDERATED HERMES, INC. added256,884$160M0.3%2026-Q2
JACOBS LEVY EQUITY MANAGEMENT, INC added256,503$160M0.3%2026-Q2
BARCLAYS PLC trimmed256,192$160M0.3%2026-Q2
Caisse de depot et placement du Quebec trimmed250,608$156M0.3%2026-Q2
Assenagon Asset Management S.A. added244,927$153M0.3%2026-Q2
Russell Investments Group, Ltd. added230,151$144M0.3%2026-Q2
AMERIPRISE FINANCIAL INC trimmed227,457$142M0.3%2026-Q2
Vanguard Global Advisers, LLC trimmed226,724$141M0.3%2026-Q2
California Public Employees Retirement System added224,269$140M0.3%2026-Q2
Qube Research & Technologies Ltd added221,607$138M0.3%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD added209,911$131M0.3%2026-Q2
Squarepoint Ops LLC added198,567$124M0.3%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added197,770$123M0.3%2026-Q2
Candriam S.C.A. added195,674$122M0.2%2026-Q2
MCDONALD CAPITAL INVESTORS INC/CA trimmed193,038$120M0.2%2026-Q2
Swedbank AB trimmed189,848$118M0.2%2026-Q2
Epoch Investment Partners, Inc. trimmed186,850$117M0.2%2026-Q2
Carmignac Gestion added182,507$114M0.2%2026-Q2
BANK OF NOVA SCOTIA added181,706$113M0.2%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added180,219$112M0.2%2026-Q2
Chevy Chase Trust Holdings, LLC trimmed179,056$112M0.2%2026-Q2
PANAGORA ASSET MANAGEMENT INC added175,291$109M0.2%2026-Q2
ROYAL BANK OF CANADA trimmed174,515$109M0.2%2026-Q2
RAYMOND JAMES FINANCIAL INC added172,896$108M0.2%2026-Q2
MILLENNIUM MANAGEMENT LLC added165,120$103M0.2%2026-Q2
VOLORIDGE INVESTMENT MANAGEMENT, LLC added163,963$102M0.2%2026-Q2
Bronte Capital Management Pty Ltd. trimmed162,618$101M0.2%2026-Q2
RHUMBLINE ADVISERS added157,794$98M0.2%2026-Q2
Bellevue Group AG trimmed157,291$98M0.2%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added156,724$98M0.2%2026-Q2
Pictet Asset Management Holding SA trimmed153,500$96M0.2%2026-Q2
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ added152,322$95M0.2%2026-Q2
RENAISSANCE TECHNOLOGIES LLC added148,222$92M0.2%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed147,961$92M0.2%2026-Q2
Jupiter Topco LLC new144,821$90M0.2%2026-Q2
WELLS FARGO & COMPANY/MN trimmed140,802$88M0.2%2026-Q2
MACKENZIE FINANCIAL CORP added135,783$85M0.2%2026-Q2
PRUDENTIAL FINANCIAL INC trimmed130,659$81M0.2%2026-Q2
Retirement Systems of Alabama trimmed127,869$80M0.2%2026-Q2
Sound Shore Management Inc /CT/ trimmed126,994$79M0.2%2026-Q2
VICTORY CAPITAL MANAGEMENT INC trimmed126,343$79M0.2%2026-Q2
JUPITER ASSET MANAGEMENT LTD added126,099$79M0.2%2026-Q2
NATIONAL BANK OF CANADA /FI/ trimmed125,812$78M0.2%2026-Q2
PRINCIPAL FINANCIAL GROUP INC added121,053$75M0.2%2026-Q2
ProShare Advisors LLC trimmed119,240$74M0.2%2026-Q2
NEW YORK STATE COMMON RETIREMENT FUND trimmed111,369$69M0.1%2026-Q2
ENVESTNET ASSET MANAGEMENT INC added109,838$68M0.1%2026-Q2
DANSKE BANK A/S added107,830$67M0.1%2026-Q2
Gotham Asset Management, LLC added105,165$66M0.1%2026-Q2
Harvest Portfolios Group Inc. added104,616$65M0.1%2026-Q2
BANK OF MONTREAL /CAN/ added103,247$64M0.1%2026-Q2

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