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$BIIB
$252.26 +$1.57 (0.63%) Close

Ownership

13F as of Q2 2026 · 147.8M shares outstanding

Who owns BIIB?

By type of holder
Institutions 96.2% Insiders 0.2% Everyone else 3.6%
Concentration Top 10 holders own 57.9%
FMR LLC 12.3% · BlackRock, Inc. 10.8%
Institutional ownership
96.2%
+4.8 pts vs last qtr
Institutional holders
1,036
+26 vs last qtr
Net shares bought
+7.1M
by institutions in Q2 2026
New / sold out
126 / 100
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • FMR LLC +5.4M
  • Norges Bank NEW +2.6M

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Biggest sellers in Q2 2026
  • T. Rowe Price Investment Management, Inc. −1.0M
  • Van Eck Associates Corp −981.8K

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Who is planning to sell?

Notices of proposed sale, last 12 months
$905K
4 notices from 2 people
Shares covered
4.6K
0.00% of the company
Arranged in advance
100%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$332.8K$665.7KNovDecJanFeb 2026: $665.7K under a 10b5-1 planFebMarAprMayJunJulAug 2026: $239.7K under a 10b5-1 planAugSepOct
Largest proposed sellers
  • Singhal Priya Officer 10b5-1 $666K
  • Minor Lloyd Director 10b5-1 $240K
Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025
−32.8%
−4.32% a year
Each share's claim on the business
+48.7%
grew without buying or selling a share
Spent on buybacks vs paid in stock
$21.8B vs $2.16B
over 10 fiscal years
Diluted shares, split-adjusted
141.2M181.1M221.0M2016: 218.8M shares'162017: 213.0M shares'172018: 205.3M shares'182019: 187.4M shares'192020: 161.3M shares'202021: 149.6M shares'212022: 146.0M shares'222023: 145.6M shares'232024: 145.9M shares'242025: 147.1M shares'25
Buybacks Stock-based comp
$0$3.34B$6.68B2016 buybacks: $1.0B2016 stock comp: $154.8M'162017 buybacks: $1.37B2017 stock comp: $128.0M'172018 buybacks: $4.35B2018 stock comp: $157.5M'182019 buybacks: $5.87B2019 stock comp: $182.3M'192020 buybacks: $6.68B2020 stock comp: $198.3M'202021 buybacks: $1.8B2021 stock comp: $238.6M'212022 buybacks: $750.0M2022 stock comp: $254.1M'222023 buybacks: $02023 stock comp: $264.2M'232024 buybacks: $02024 stock comp: $291.2M'242025 buybacks: $02025 stock comp: $290.8M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years87% 3–5 years1% 1–3 years6% Under 1 year6%
Quarterly turnover
9.3%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting BIIB on Form 13F
F
FMR LLC
Shares
18.2M
% of company
12.33%
Change vs last qtr
+5.4M (+42.2%)
Held since
≤2021
B
BlackRock, Inc.
Shares
16.0M
% of company
10.82%
Change vs last qtr
+11.1K (+0.1%)
Held since
≤2021

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Institutional Funds

Mutual funds and ETFs reporting BIIB on Form N-PORT; together they hold 49.5% of the company
VP
Vanguard Chester Funds
Position value
$1.81B
% of company
5.66%
% of the fund
1.88%
As of
June 30, 2026
FC
Fidelity Contrafund
Position value
$1.08B
% of company
3.38%
% of the fund
0.60%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
AS
Alexander Susan H
Insider
Shares
61.9K
% of company
0.04%
Change vs last qtr
—
Held since
—
DC
Dorsa Caroline
Insider
Shares
31.0K
% of company
0.02%
Change vs last qtr
—
Held since
—

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