CRNX
Pharmaceuticals, Biotechnology & Life Sciences
CROWD: RED
Active holders jumped 93 to 84 recently (-10% in one quarter). Ten years of our own data says fast institutional pile-ins mark late money, not early money. Careful chasing this.
Active holders
84
of 242 total, index funds excluded
This quarter
+23
31 out
Conviction
6 bps
median holder weight: token bet
Streak
0q
consecutive rising quarters
The crowd, 2016 to now
active holders per quarter
2018Mar 2026
Holdings as of Mar 31, 2026, filed by May 16, 2026. Counts for the newest quarter keep settling for a few weeks as amendments land.
The tide
funds in (up) vs out (down)
Top holders
by reported value · $4.5B held
Fund
Value
Note
FMR LLC
$572M
BlackRock, Inc.
$308M
FARALLON CAPITAL MANAGEMENT…
$303M
WELLINGTON MANAGEMENT GROUP…
$296M
Driehaus Capital Management…
$232M
PRICE T ROWE ASSOCIATES INC…
$195M
VANGUARD CAPITAL MANAGEMENT…
$170M
VANGUARD PORTFOLIO MANAGEME…
$168M
JANUS HENDERSON GROUP PLC
$164M
EcoR1 Capital, LLC
$156M
Tourists vs true believers
every holder a dot · right = bigger bet in their own book, up = patient money
Hover any dot for the fund and its bet size. Patience is measured from each filer's actual quarter-to-quarter turnover across our whole database.