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Institutional Ownership · SEC Form 13F

Who owns United Therapeutics Corporation (UTHR)


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

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

846
Institutional holders
41M
Shares held (tracked funds)
94.2%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on UTHR is one-sided between 2025-Q4 and 2026-Q1: 371 added or opened and 124 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

UTHR’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 0.1pp gap the other way — the median holder sizes UTHR more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in UTHR 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 846 tracked filers holding UTHR, 406 increased or opened the position and 426 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 UTHR 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 44

  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.2B
  • VANGUARD CAPITAL MANAGEMENT LLC$1.2B
  • VANGUARD FIDUCIARY TRUST CO$159M
  • BOWEN HANES & CO INC$50M
  • Logos Global Management LP$47M
  • MARSHALL WACE, LLP$45M

Full exits 50

  • VANGUARD GROUP INC$2.0B
  • COMERICA BANK$79M
  • ORBIMED ADVISORS LLC$51M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$34M
  • Brandywine Global Investment Management, LLC$15M
  • TUDOR INVESTMENT CORP ET AL$12M

Largest adds

  • Avoro Capital Advisors LLC$290M
  • STATE STREET CORP$196M
  • BlackRock, Inc.$179M
  • WELLINGTON MANAGEMENT GROUP LLP$153M
  • GEODE CAPITAL MANAGEMENT, LLC$150M
  • RENAISSANCE TECHNOLOGIES LLC$129M

Largest trims

  • NORGES BANK$150M
  • AQR CAPITAL MANAGEMENT LLC$138M
  • JANE STREET GROUP, LLC$104M
  • D. E. Shaw & Co., Inc.$91M
  • VICTORY CAPITAL MANAGEMENT INC$75M
  • Candriam S.C.A.$25M

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. trimmed4,551,265$2.7B11.2%2026-Q1
Avoro Capital Advisors LLC added2,630,000$1.6B6.5%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed2,264,247$1.3B5.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new2,003,742$1.2B4.9%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,957,539$1.2B4.8%2026-Q1
STATE STREET CORP added1,843,963$1.1B4.6%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed1,787,019$1.1B4.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,233,029$730M3.0%2026-Q1
JANUS HENDERSON GROUP PLC added866,930$514M2.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed826,094$486M2.0%2026-Q1
ASSETMARK, INC trimmed616,050$365M1.5%2026-Q1
Invesco Ltd. trimmed601,361$357M1.5%2026-Q1
FMR LLC added516,711$306M1.3%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed512,739$304M1.3%2026-Q1
DEERFIELD MANAGEMENT COMPANY, L.P. added457,000$271M1.1%2026-Q1
NORTHERN TRUST CORP added436,566$259M1.1%2026-Q1
BAILLIE GIFFORD & CO added428,127$254M1.1%2026-Q1
MORGAN STANLEY added409,288$243M1.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added405,447$240M1.0%2026-Q1
LSV ASSET MANAGEMENT trimmed398,665$236M1.0%2026-Q1
CITADEL ADVISORS LLC added360,643$214M0.9%2026-Q1
Caisse de depot et placement du Quebec added343,659$204M0.8%2026-Q1
Bank of New York Mellon Corp trimmed329,148$195M0.8%2026-Q1
Swedbank AB added327,122$194M0.8%2026-Q1
Pictet Asset Management Holding SA added309,220$183M0.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added300,481$178M0.7%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added300,204$178M0.7%2026-Q1
JPMORGAN CHASE & CO added291,621$172M0.7%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. trimmed280,405$166M0.7%2026-Q1
FRANKLIN RESOURCES INC added277,983$165M0.7%2026-Q1
FIRST TRUST ADVISORS LP added270,578$160M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new267,978$159M0.7%2026-Q1
Eversept Partners, LP added264,271$157M0.7%2026-Q1
FRONTIER CAPITAL MANAGEMENT CO LLC added252,702$150M0.6%2026-Q1
LORD, ABBETT & CO. LLC trimmed250,276$148M0.6%2026-Q1
Pacer Advisors, Inc. added243,545$144M0.6%2026-Q1
NORGES BANK trimmed466,353$144M0.6%2026-Q1
UBS Group AG added236,729$140M0.6%2026-Q1
CITIGROUP INC added235,620$140M0.6%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added207,309$123M0.5%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed199,426$118M0.5%2026-Q1
DEUTSCHE BANK AG\ added198,777$118M0.5%2026-Q1
Nuveen, LLC trimmed190,697$113M0.5%2026-Q1
Soleus Capital Management, L.P. added187,187$111M0.5%2026-Q1
Legal & General Group Plc added186,794$111M0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. added220,634$108M0.4%2026-Q1
FIFTH THIRD BANCORP added164,978$98M0.4%2026-Q1
Sofinnova Investments, Inc. added160,070$95M0.4%2026-Q1
MILLENNIUM MANAGEMENT LLC added153,372$91M0.4%2026-Q1
Point72 Asset Management, L.P. trimmed149,303$89M0.4%2026-Q1
Amundi trimmed147,599$88M0.4%2026-Q1
Allspring Global Investments Holdings, LLC added146,524$84M0.3%2026-Q1
Robeco Institutional Asset Management B.V. added127,902$76M0.3%2026-Q1
Qube Research & Technologies Ltd added123,441$73M0.3%2026-Q1
RHUMBLINE ADVISERS added122,486$73M0.3%2026-Q1
Epoch Investment Partners, Inc. trimmed120,682$72M0.3%2026-Q1
Swiss National Bank added120,055$71M0.3%2026-Q1
HSBC HOLDINGS PLC trimmed119,235$71M0.3%2026-Q1
GOLDMAN SACHS GROUP INC added114,419$68M0.3%2026-Q1
Bridgewater Associates, LP added111,169$66M0.3%2026-Q1
Thrivent Financial for Lutherans trimmed106,440$63M0.3%2026-Q1
First Turn Management, LLC added104,726$62M0.3%2026-Q1
SEIZERT CAPITAL PARTNERS, LLC trimmed104,667$62M0.3%2026-Q1
TD Asset Management Inc trimmed104,588$62M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added101,692$60M0.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed99,106$59M0.2%2026-Q1
Retirement Systems of Alabama added98,378$58M0.2%2026-Q1
Polaris Capital Management, LLC trimmed96,650$57M0.2%2026-Q1
DekaBank Deutsche Girozentrale93,532$56M0.2%2026-Q1
STOREBRAND ASSET MANAGEMENT AS trimmed93,743$56M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed91,225$54M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed88,637$53M0.2%2026-Q1
California Public Employees Retirement System added88,289$52M0.2%2026-Q1
BOWEN HANES & CO INC new85,000$50M0.2%2026-Q1
Krensavage Asset Management, LLC trimmed84,282$50M0.2%2026-Q1
Gotham Asset Management, LLC added80,387$48M0.2%2026-Q1
Logos Global Management LP trimmed80,000$47M0.2%2026-Q1
Man Group plc trimmed77,495$46M0.2%2026-Q1
WELLS FARGO & COMPANY/MN trimmed77,138$46M0.2%2026-Q1
MARSHALL WACE, LLP trimmed75,977$45M0.2%2026-Q1
Vestal Point Capital, LP new75,000$44M0.2%2026-Q1
Caption Management, LLC added74,445$44M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added72,715$43M0.2%2026-Q1
Aware Super Pty Ltd as trustee of Aware Super trimmed72,530$43M0.2%2026-Q1
Tri Locum Partners LP trimmed70,370$42M0.2%2026-Q1
AMERICAN CENTURY COMPANIES INC added69,368$41M0.2%2026-Q1
Vinva Investment Management Ltd added68,608$40M0.2%2026-Q1
Russell Investments Group, Ltd. added67,551$40M0.2%2026-Q1
HRT FINANCIAL LP added66,842$40M0.2%2026-Q1
Portolan Capital Management, LLC added63,435$38M0.2%2026-Q1
Candriam S.C.A. trimmed63,066$37M0.2%2026-Q1
BARCLAYS PLC trimmed63,005$37M0.2%2026-Q1
Palo Alto Investors LP added62,809$37M0.2%2026-Q1
ATWOOD & PALMER INC trimmed62,436$37M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added62,008$37M0.2%2026-Q1
VANGUARD GROUP INC trimmed4,115,604$2.0B8.3%2025-Q4 stale
Darwin Global Management, Ltd. new748,550$318M1.3%2025-Q3 stale
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. new328,783$101M0.4%2025-Q1 stale
COMERICA BANK added161,683$79M0.3%2025-Q4 stale
ORBIMED ADVISORS LLC trimmed105,200$51M0.2%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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