SHC
Pharmaceuticals, Biotechnology & Life Sciences
CROWD: RED
Active holders jumped 108 to 106 recently (-2% 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
106
of 294 total, index funds excluded
This quarter
+30
32 out
Conviction
2 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 · $3.9B held
Fund
Value
Note
Darsana Capital Partners LP
$373M
Sessa Capital IM, L.P.
$331M
Sculptor Capital LP
$311M
BlackRock, Inc.
$299M
WARBURG PINCUS LLC
$274M
GTCR LLC
$183M
Sachem Head Capital Managem…
$167M
VANGUARD CAPITAL MANAGEMENT…
$154M
VANGUARD PORTFOLIO MANAGEME…
$152M
JANUS HENDERSON GROUP PLC
$131M
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.