OLMA
Pharmaceuticals, Biotechnology & Life Sciences
CROWD: RED
Active holders jumped 88 to 72 recently (-18% 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
72
of 196 total, index funds excluded
This quarter
+17
33 out
Conviction
3 bps
median holder weight: token bet
Streak
0q
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 · $1.5B held
Fund
Value
Note
FMR LLC
$155M
Paradigm Biocapital Advisor…
$120M
Bain Capital Life Sciences …
$111M
JANUS HENDERSON GROUP PLC
$106M
BlackRock, Inc.
$84M
BVF INC/IL
$79M
Siren, L.L.C.
$71M
STATE STREET CORP
$59M
Cormorant Asset Management,…
$58M
Logos Global Management LP
$48M
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.