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$MNKD
$3.23 +$0.04 (1.25%) Close

Ownership

13F as of Q2 2026 · 321.5M shares outstanding

Who owns MNKD?

By type of holder
Institutions 56.1% Insiders 0.0% Everyone else 43.9%
Concentration Top 10 holders own 35.5%
BlackRock, Inc. 10.0% · State Street Corp 5.0%
Institutional ownership
56.1%
+1.1 pts vs last qtr
Institutional holders
254
+5 vs last qtr
Net shares bought
+3.6M
by institutions in Q2 2026
New / sold out
50 / 45
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Rubric Capital Management LP +14.4M
  • Deep Track Capital, LP NEW +6.0M

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Biggest sellers in Q2 2026
  • Millennium Management LLC −6.0M
  • UBS Group AG −5.4M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$3.04M
11 notices from 6 people
Shares covered
598.6K
0.19% of the company
Arranged in advance
100%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$1.0M$2.0MNov 2025: $94.5K under a 10b5-1 planNovDec 2025: $2.0M under a 10b5-1 planDecJan 2026: $297.5K under a 10b5-1 planJanFebMarAprMay 2026: $66.8K under a 10b5-1 planMayJunJul 2026: $309.4K under a 10b5-1 planJulAugSep 2026: $260.7K under a 10b5-1 planSepOct
Largest proposed sellers
  • Michael Castagna Director 10b5-1 $1.21M
  • David Thomson Officer 10b5-1 $900K

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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, FY2015–FY2025
+286.7%
+16.21% a year
Each share's claim on the business
−74.1%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
— vs $121M
over 10 fiscal years
Diluted shares, split-adjusted
78.8M198.0M317.3M2015: 81.2M shares'152016: 92.1M shares'162017: 104.2M shares'172018: 144.1M shares'182020: 222.6M shares'202021: 249.2M shares'212022: 257.1M shares'222023: 267.0M shares'232024: 283.8M shares'242025: 314.1M shares'25
Buybacks Stock-based comp
$0$12.1M$24.2M2015 buybacks: $02015 stock comp: $8.7M'152016 buybacks: $02016 stock comp: $5.1M'162017 buybacks: $02017 stock comp: $4.8M'172018 buybacks: $02018 stock comp: $6.9M'182020 buybacks: $02020 stock comp: $6.5M'202021 buybacks: $02021 stock comp: $12.2M'212022 buybacks: $02022 stock comp: $13.4M'222023 buybacks: $02023 stock comp: $17.6M'232024 buybacks: $02024 stock comp: $21.4M'242025 buybacks: $02025 stock comp: $24.2M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years65% 3–5 years2% 1–3 years8% Under 1 year25%
Quarterly turnover
27.6%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting MNKD on Form 13F
B
BlackRock, Inc.
Shares
32.1M
% of company
9.99%
Change vs last qtr
+3.5M (+12.4%)
Held since
≤2021
SS
State Street Corp
Shares
16.2M
% of company
5.03%
Change vs last qtr
−2.5M (−13.4%)
Held since
≤2021

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Institutional Funds

Mutual funds and ETFs reporting MNKD on Form N-PORT; together they hold 22.5% of the company
VT
Position value
$39.7M
% of company
2.90%
% of the fund
0.00%
As of
June 30, 2026
Position value
$36.3M
% of company
2.65%
% of the fund
0.34%
As of
June 30, 2026

23 more funds behind a free account

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
TD
Thomson David
Insider
Shares
20.5K
% of company
0.01%
Change vs last qtr
—
Held since
—

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