Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BHVN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | JANUS HENDERSON GROUP PLC | 17.5M | $148.2M | +1145.9% | 16.563% | 0.07% |
| 2 | BlackRock, Inc. | 11.2M | $94.9M | +18.8% | 10.601% | 0.00% |
| 3 | SUVRETTA CAPITAL MANAGEMENT, LLC | 10.3M | $87.0M | 0.0% | 9.717% | 2.36% |
| 4 | STIFEL FINANCIAL CORP | 9.9M | $84.1M | +0.0% | 9.390% | 0.08% |
| 5 | STATE STREET CORP | 6.6M | $56.0M | +15.8% | 6.252% | 0.00% |
| 6 | INFINITUM ASSET MANAGEMENT, LLC | 6.3M | $52.9M | 0.0% | 5.904% | 6.62% |
| 7 | TCG Crossover Management, LLC | 4.6M | $39.2M | 0.0% | 4.375% | 1.12% |
| 8 | Royalty Pharma Sub-Manager, LLC | 2.9M | $24.8M | β | 2.774% | 7.22% |
| 9 | D. E. Shaw & Co., Inc. | 2.8M | $24.1M | +3.9% | 2.689% | 0.02% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.8M | $23.4M | +15.7% | 2.614% | 0.00% |
| 11 | GOLDMAN SACHS GROUP INC | 2.5M | $21.3M | +13.6% | 2.374% | 0.00% |
| 12 | BALYASNY ASSET MANAGEMENT LLC | 2.4M | $20.7M | +53.7% | 2.310% | 0.07% |
| 13 | FMR LLC | 2.4M | $20.0M | -12.0% | 2.228% | 0.00% |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.3M | $19.3M | β | 2.153% | 0.00% |
| 15 | AQR CAPITAL MANAGEMENT LLC | 2.0M | $16.7M | +35.3% | 1.866% | 0.01% |
| 16 | CITADEL ADVISORS LLC | 2.0M | $16.5M | -9.4% | 1.846% | 0.01% |
| 17 | Cormorant Asset Management, LP | 1.8M | $14.9M | +17500.0% | 1.663% | 0.75% |
| 18 | STEMPOINT CAPITAL LP | 1.6M | $13.5M | β | 1.506% | 3.56% |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.5M | $13.1M | -31.7% | 1.463% | 0.00% |
| 20 | BNP PARIBAS ARBITRAGE, SA | 1.5M | $13.1M | -26.2% | 1.459% | 0.01% |
| 21 | Qube Research & Technologies Ltd | 1.5M | $13.0M | -1.9% | 1.455% | 0.02% |
| 22 | ExodusPoint Capital Management, LP | 1.5M | $12.7M | +25.9% | 1.418% | 0.12% |
| 23 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.5M | $12.7M | +898.5% | 1.415% | 0.02% |
| 24 | MILLENNIUM MANAGEMENT LLC | 1.4M | $12.2M | +5.9% | 1.368% | 0.01% |
| 25 | UBS Group AG | 1.4M | $12.1M | +10.3% | 1.347% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in BHVN β a direct measure of their conviction.
Filings activity in BHVN during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new BHVN position in Q1 2026
Institutions that fully closed their BHVN position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 266 | +0.4% | 98.86% | 12.43 pp | $1.18B | 11% |
| Q4 2025 | 265 | +4.3% | 111.29% | +5.13 pp | $1.33B | +4.8% |
| Q3 2025 | 254 | +3.7% | 106.16% | +6.15 pp | $1.27B | +6.2% |
| Q2 2025 | 245 | 3.2% | 100.01% | 73.93 pp | $1.19B | 43% |
| Q1 2025 | 253 | +0.8% | 173.94% | 26.05 pp | $2.08B | 37% |
| Q4 2024 | 251 | +1.6% | 199.99% | +0.00 pp | $3.28B | 18% |
| Q3 2024 | 247 | +11% | 199.99% | +0.00 pp | $4.01B | +50% |
| Q2 2024 | 222 | β | 199.99% | β | $2.68B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BHVN stock.
Based on Q1 2026 13F filings, institutional ownership of Biohaven Ltd. stands at 98.9%, held across 266 reporting institutions.
JANUS HENDERSON GROUP PLC is the largest reported institutional holder of BHVN, with approximately 17,534,612 shares worth $0.15B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of BHVN, including CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for BHVN is 51 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
46 institutions opened new positions in BHVN during Q1 2026, while 45 fully exited. 57 added to existing positions and 163 trimmed.
BHVN institutional ownership fell by 12.43 percentage points quarter-over-quarter, with a net change of +1 holders.
The top 10 institutions account for 53.8% of all reported 13F value in BHVN, and the top 25 account for 73.4%.
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.
Biohaven Ltd. (BHVN) Institutional Ownership