ELDN
Pharmaceuticals, Biotechnology & Life Sciences
CROWD: RED
Active holders jumped 31 to 39 recently (26% 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
39
of 121 total, index funds excluded
This quarter
+14
6 out
Conviction
1 bps
median holder weight: token bet
Streak
2q
consecutive rising quarters
The crowd, 2016 to now
active holders per quarter
2020Mar 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 · $131M held
Fund
Value
Note
BVF INC/IL
$19M
BlackRock, Inc.
$13M
Defilade Capital Management…
$11M
VANGUARD CAPITAL MANAGEMENT…
$10M
Ensign Peak Advisors, Inc
$8M
Zimmer Partners, LP
$6M
GEODE CAPITAL MANAGEMENT, L…
$6M
SPHERA FUNDS MANAGEMENT LTD.
$5M
Catalio Capital Management,…
$5M
Blue Owl Capital Holdings LP
$4M
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.