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HomeStocksRAREInstitutional Holders

RARE logoUltragenyx Pharmaceutical Inc. (RARE) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-14

✨

Institutional ownership increased this quarter (+10.06 pp), though top 10 holders maintain a highly concentrated 51.3% of institutional value.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
112.1%$3.6B total value · ▲ +10.06 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
68 / 100Bullish
Institutions & Flow317 holders+20 net flow (+58 / -38)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+20)
  • Two Sigma Investments, Lp and Susquehanna International Group, Llp maintain significant positions
  • Top 10 holders control 51.3% of institutional value
  • No Insider Signal

Top Institutional Holders of RARE

Ranked by reported Q2 2026 13F market value

Top 10 Holders
51.3%
Top 25 Holders
71.6%

Share of total reported institutional value in RARE held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.10.7M$355.7M+46.0%10.818%0.01%
2RTW INVESTMENTS, LP7.8M$260.3M+113.7%7.917%2.22%
3VANGUARD PORTFOLIO MANAGEMENT LLC6.8M$226.7M+26.1%6.894%0.01%

Quarterly Institutional Activity

Filings activity in RARE during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers58Added To213Trimmed38Exited38
  • BlackRock, Inc.$355.7M
  • RTW INVESTMENTS, LP$260.3M
  • VANGUARD PORTFOLIO MANAGEMENT LLC

RARE Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 2026317+8.2%112.07%+10.06 pp$3.56B+76%
Q1 2026293+1.0%102.01%0.32 pp$2.02B7.2%
Q4 20252902.7%102.33%0.06 pp$2.17B22%
Q3 20252980.3%102.39%+2.58 pp$2.80B15%
Q2 2025299+1.7%99.81%+4.81 pp$3.30B+10%
Q1 2025294

RARE — Frequently Asked Questions

Quick answers to the most common questions about buying RARE stock.

What percentage of RARE is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of Ultragenyx Pharmaceutical Inc. stands at 112.1%, held across 317 reporting institutions.

Who is the largest institutional holder of RARE?

BlackRock, Inc. is the largest reported institutional holder of RARE, with approximately 10,654,276 shares worth $0.36B as of Q2 2026.

Is RARE a hedge fund favorite?

Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of RARE, including TWO SIGMA INVESTMENTS, LP, SUSQUEHANNA INTERNATIONAL GROUP, LLP.

What is RARE's Smart Money Score?

Our composite Smart Money Score for RARE is 68 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought RARE this quarter?
4AQR CAPITAL MANAGEMENT LLC6.6M$214.1M+43.3%6.661%0.07%
5STATE STREET CORP6.2M$205.6M+22.7%6.253%0.00%
6VANGUARD CAPITAL MANAGEMENT LLC4.3M$143.5M+2.5%4.362%0.00%
7TWO SIGMA INVESTMENTS, LP3.6M$120.9M+64.2%3.677%0.09%
8SANDS CAPITAL MANAGEMENT, LLC3.2M$105.5M-1.8%3.207%0.39%
9JACOBS LEVY EQUITY MANAGEMENT, INC2.9M$98.2M+105.4%2.985%0.35%
10FRONTIER CAPITAL MANAGEMENT CO LLC2.8M$95.1M+30.0%2.892%0.89%
11GEODE CAPITAL MANAGEMENT, LLC2.6M$86.1M+39.4%2.618%0.00%
12Sofinnova Investments, Inc.2.2M$74.0M-36.6%2.252%3.83%
13Bellevue Group AG2.0M$66.2M-16.7%2.013%1.39%
14D. E. Shaw & Co., Inc.1.7M$57.8M+37.2%1.757%0.03%
15ADAGE CAPITAL PARTNERS GP, L.L.C.1.6M$52.8M+229.2%1.604%0.07%
16MPM BioImpact LLC1.4M$47.4M—1.440%2.89%
17MORGAN STANLEY1.3M$44.2M-11.7%1.345%0.00%
18Caption Management, LLC1.3M$42.1M+70.4%1.280%0.20%
19WELLINGTON MANAGEMENT GROUP LLP1.3M$41.8M-52.6%1.270%0.01%
20VOLORIDGE INVESTMENT MANAGEMENT, LLC1.2M$41.5M-13.0%1.261%0.18%
21BANK OF AMERICA CORP /DE/1.1M$38.3M+9.7%1.166%0.00%
22Candriam S.C.A.1.0M$33.4M-8.6%1.017%0.15%
23Rock Springs Capital Management LP968K$32.3M-20.6%0.983%1.58%
24SUSQUEHANNA INTERNATIONAL GROUP, LLP966K$32.3M-15.0%0.981%0.00%
25Jefferies Financial Group Inc.930K$31.0M+5902.2%0.944%0.20%

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 RARE — a direct measure of their conviction.

$226.7M
  • AQR CAPITAL MANAGEMENT LLC$214.1M
  • STATE STREET CORP$205.6M
  • VANGUARD CAPITAL MANAGEMENT LLC$143.5M
  • TWO SIGMA INVESTMENTS, LP$120.9M
  • SANDS CAPITAL MANAGEMENT, LLC$105.5M
  • JACOBS LEVY EQUITY MANAGEMENT, INC$98.2M
  • FRONTIER CAPITAL MANAGEMENT CO LLC$95.1M
  • GEODE CAPITAL MANAGEMENT, LLC$86.1M
  • Sofinnova Investments, Inc.$74.0M
  • 3.6%
    95.00%
    +0.13 pp
    $2.99B
    14%
    Q4 2024305+4.5%94.87%+1.20 pp$3.48B23%
    Q3 2024292—93.67%—$4.52B—

    Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

    58 institutions opened new positions in RARE during Q2 2026, while 38 fully exited. 213 added to existing positions and 38 trimmed.

    How is institutional ownership of RARE changing?

    RARE institutional ownership rose by 10.06 percentage points quarter-over-quarter, with a net change of +24 holders.

    How concentrated is RARE ownership among the top holders?

    The top 10 institutions account for 51.3% of all reported 13F value in RARE, and the top 25 account for 71.6%.

    Where does this RARE institutional ownership data come from?

    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.

    RAREUltragenyx Pharmaceutical Inc.
    $16.08$1.6B
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