Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in BCAX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | RA CAPITAL MANAGEMENT, L.P. | 7.3M | $215.4M | 0.0% | 11.043% | 1.87% |
| 2 | Siren, L.L.C. | 5.6M | $166.4M | -3.5% | 8.528% | 3.37% |
| 3 | Vestal Point Capital, LP | 5.3M | $155.9M | -3.2% | 7.990% | 3.64% |
| 4 | Deep Track Capital, LP | 4.1M | $121.7M | +0.9% | 6.240% | 1.77% |
| 5 | BlackRock, Inc. | 3.8M | $114.2M | +35.3% | 5.857% | 0.00% |
| 6 | Jupiter Topco LLC | 3.2M | $94.0M | — | 4.826% | 0.04% |
| 7 | Red Tree Management, LLC | 3.2M | $93.9M | -0.2% | 4.815% | 63.77% |
| 8 | TPG GP A, LLC | 3.0M | $89.4M | 0.0% | 4.582% | 1.79% |
| 9 | VANGUARD CAPITAL MANAGEMENT LLC | 2.2M | $65.8M | +24.9% | 3.374% | 0.00% |
| 10 | STATE STREET CORP | 2.0M | $60.8M | +44.4% | 3.118% | 0.00% |
| 11 | FRANKLIN RESOURCES INC | 2.0M | $58.0M | +20.4% | 2.971% | 0.01% |
| 12 | FMR LLC | 1.9M | $56.2M | -9.9% | 2.881% | 0.00% |
| 13 | Omega Fund Management, LLC | 1.8M | $54.1M | -23.8% | 2.773% | 29.14% |
| 14 | GEODE CAPITAL MANAGEMENT, LLC | 1.2M | $34.5M | +39.9% | 1.769% | 0.00% |
| 15 | JPMORGAN CHASE & CO | 1.0M | $29.8M | +472.7% | 1.546% | 0.00% |
| 16 | Jones Hill Capital LP | 893K | $26.5M | -29.2% | 1.359% | 5.63% |
| 17 | ACORN CAPITAL ADVISORS, LLC | 643K | $19.1M | 0.0% | 0.979% | 5.21% |
| 18 | Aisling Capital Management LP | 569K | $16.9M | 0.0% | 0.866% | 3.58% |
| 19 | Palo Alto Investors LP | 550K | $16.3M | 0.0% | 0.838% | 0.75% |
| 20 | Rock Springs Capital Management LP | 535K | $15.9M | +9.4% | 0.815% | 0.78% |
| 21 | GOLDMAN SACHS GROUP INC | 521K | $15.5M | -6.9% | 0.792% | 0.00% |
| 22 | D. E. Shaw & Co., Inc. | 498K | $14.8M | +79.9% | 0.758% | 0.01% |
| 23 | DIMENSIONAL FUND ADVISORS LP | 462K | $13.7M | +322.6% | 0.703% | 0.00% |
| 24 | NAN FUNG TRINITY (HK) Ltd | 428K | $12.7M | 0.0% | 0.651% | 1.25% |
| 25 | VANGUARD PORTFOLIO MANAGEMENT LLC | 419K | $12.4M | +44.0% | 0.638% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BCAX — a direct measure of their conviction.
Filings activity in BCAX during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new BCAX position in Q2 2026
Institutions that fully closed their BCAX position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 176 | +20% | 106.62% | +0.81 pp | $1.83B | +53% |
| Q1 2026 | 147 | +5.8% | 105.81% | +9.78 pp | $1.19B | +36% |
| Q4 2025 | 139 | +23% | 96.03% | +3.77 pp | $876M | +16% |
| Q3 2025 | 113 | +6.6% | 92.26% | 1.85 pp | $754M | +66% |
| Q2 2025 | 106 | +13% | 94.11% | +4.71 pp | $455M | 25% |
| Q1 2025 | 94 | +12% | 89.40% | +3.31 pp | $610M | 22% |
| Q4 2024 | 84 | +22% | 86.09% | +19.06 pp | $786M | 11% |
| Q3 2024 | 69 | — | 67.03% | — | $886M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BCAX stock.
Based on Q2 2026 13F filings, institutional ownership of Bicara Therapeutics Inc. Common Stock stands at 106.6%, held across 176 reporting institutions.
RA CAPITAL MANAGEMENT, L.P. is the largest reported institutional holder of BCAX, with approximately 7,255,993 shares worth $0.22B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of BCAX.
Our composite Smart Money Score for BCAX is 57 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
37 institutions opened new positions in BCAX during Q2 2026, while 8 fully exited. 121 added to existing positions and 15 trimmed.
BCAX institutional ownership rose by 0.81 percentage points quarter-over-quarter, with a net change of +29 holders.
The top 10 institutions account for 64.3% of all reported 13F value in BCAX, and the top 25 account for 85.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.