Biohaven Ltd. (BHVN) Institutional Ownership

Top holders, 13F buying & selling, as of Mar 31, 2026
Institutional Snapshot

As of the Mar 31, 2026 13F filing cycle, 226 institutions reported holding Biohaven Ltd. (BHVN), together worth $1.08B. Compared to Dec 31, 2025: 115 increased their position, 0 opened a new one, 64 trimmed, and 0 fully exited, a net addition of 19.57M shares. The 10 largest institutional holders control +61% of all institutionally-held shares. Notable names on the list include TWO SIGMA INVESTMENTS, LP, MILLENNIUM MANAGEMENT LLC, CITADEL ADVISORS LLC.

Net Flow
Net Buying
19.57M shares this cycle
Breadth
0 new, 0 exited
226 total institutional holders
Concentration
+61% in top 10
Fairly concentrated
Institutional Ownership Overview

As of the Mar 31, 2026 13F filing cycle, compared to Dec 31, 2025. Institutions have up to 45 days after quarter-end to file, so this can lag real-time positioning.

Total institutions
226
Total value held
$1.08B
Total shares held
131.89M
Net value change
-$146.55M
115
Increased
0
New
47
Unchanged
64
Decreased
0
Exited
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Biggest Conviction Changes

The largest position increases, new positions, decreases, and confirmed exits this cycle. Percent-change lists below require at least a $1M prior-quarter position, so a fund going from a handful of shares to a few thousand does not crowd out real, sized moves.

Biggest increases (by %)
JANUS HENDERSON GROUP PLC · +1145.9% ($148.21M)
ADAGE CAPITAL PARTNERS GP, L.L.C. · +898.5% ($12.67M)
Susquehanna Portfolio Strategies, LLC · +180.3% ($2.63M)
Ikarian Capital, LLC · +94.1% ($3.49M)
IEQ CAPITAL, LLC · +70.6% ($2.36M)
Largest new positions
None on record.
Biggest decreases (by %)
AMERICAN CENTURY COMPANIES INC · -98.3% ($96.2K left)
Caption Management, LLC · -75.9% ($3.47M left)
Walleye Capital LLC · -73.0% ($2.09M left)
CAPITAL FUND MANAGEMENT S.A. · -71.3% ($253.7K left)
Quinn Opportunity Partners LLC · -69.4% ($543.6K left)
Confirmed full exits
None on record.
Notable Names

A small, non-exhaustive list of well-known funds and passive index giants we checked for by name, not a comprehensive classification of every institution on record.

Recognized funds holding BHVN
TWO SIGMA INVESTMENTS, LP · $10.04M (Decreased)
MILLENNIUM MANAGEMENT LLC · $12.25M (Increased)
CITADEL ADVISORS LLC · $16.53M (Decreased)
TWO SIGMA SECURITIES, LLC · $157.5K (Increased)
Point72 Asset Management, L.P. · $3.16M (Decreased)
Passive index giants
GEODE CAPITAL MANAGEMENT, LLC · $23.42M
BlackRock, Inc. · $94.94M
NORTHERN TRUST CORP · $8.47M
STATE STREET CORP · $56.00M

These alone represent about +17% of total institutional value on record, a rough floor for index-driven (not conviction-driven) ownership.

The 20 Largest Institutional Holders

"Since prior quarter" return uses each holder's prior-quarter value divided by prior-quarter shares as a rough implied entry price, not their real cost basis, which is not disclosed in 13F filings.

InstitutionStatusSharesValueChangeSince Prior Qtr
JANUS HENDERSON GROUP PLCIncreased17.53M$148.21M+1145.92%+36.4%
BlackRock, Inc.Increased11.22M$94.94M+18.78%+36.5%
SUVRETTA CAPITAL MANAGEMENT, LLCUnchanged10.29M$87.03M0.00%+36.5%
STIFEL FINANCIAL CORPIncreased9.94M$84.10M+0.01%+36.5%
STATE STREET CORPIncreased6.62M$56.00M+15.78%+36.5%
INFINITUM ASSET MANAGEMENT, LLCUnchanged6.25M$52.88M0.00%+36.5%
VANGUARD GROUP INCUnclear (Last Known)4.40M$49.63M+36.5%
TCG Crossover Management, LLCUnchanged4.63M$39.18M0.00%+36.5%
D. E. Shaw & Co., Inc.Increased2.85M$24.09M+3.94%+36.5%
GEODE CAPITAL MANAGEMENT, LLCIncreased2.77M$23.42M+15.70%+36.5%
GOLDMAN SACHS GROUP INCIncreased2.51M$21.26M+13.56%+36.5%
Balyasny Asset Management L.P.Increased2.45M$20.69M+53.70%+36.5%
FMR LLCDecreased2.36M$19.96M-12.05%+36.5%
Schonfeld Strategic Advisors LLCUnclear (Last Known)1.61M$18.14M+36.5%
AQR CAPITAL MANAGEMENT LLCIncreased1.98M$16.71M+35.30%+36.5%
CITADEL ADVISORS LLCDecreased1.95M$16.53M-9.37%+36.5%
Cormorant Asset Management, LPIncreased1.76M$14.89M+17500.00%+36.5%
ExodusPoint Capital Management, LPUnclear (Last Known)1.19M$13.46M+36.5%
SUSQUEHANNA INTERNATIONAL GROUP, LLPDecreased1.55M$13.10M-31.70%+36.5%
BNP PARIBAS FINANCIAL MARKETSDecreased1.54M$13.07M-26.24%+36.5%
Frequently Asked Questions
How many institutions hold BHVN stock?

226 institutions reported a position in Biohaven Ltd. as of the Mar 31, 2026 13F filing cycle, worth a combined $1.08B.

Are institutions buying or selling BHVN?

Comparing Mar 31, 2026 to Dec 31, 2025: 115 institutions increased their position and 0 opened new ones, while 64 decreased and 0 fully exited. Net share change: 19.57M.

How concentrated is institutional ownership of BHVN?

The top 10 institutional holders control +61% of all shares held by institutions on record, a fairly concentrated group of holders.

How current is this institutional ownership data?

This reflects the Mar 31, 2026 13F filing cycle. Institutional investors have up to 45 days after quarter-end to file, so this data can lag real-time positioning by 1-3 months, and only U.S.-registered institutional managers above the SEC's reporting threshold are required to file at all.

Sourced from SEC 13F filings for BHVN. This table holds one snapshot per institution, not a multi-quarter history, so no ownership trend over years, historical percentile, or fund track record is shown, since that data is not available here. Only U.S.-registered institutional investment managers above the SEC's reporting threshold are required to file 13Fs; hedge funds, foreign investors, and smaller managers may not appear. This is historical data, not investment advice. Read disclaimer →