▲ 7 r/rxrx
Institutional "Whale" Accumulation
While insiders are liquidating for taxes, the largest asset managers in the world are increasing their conviction:
• Vanguard Group: In their most recent filing update, Vanguard increased its position by +18.1%, now holding approximately 47.6 million shares.
• BlackRock: As noted earlier, BlackRock recently filed a 7.2% stake, signaling they are using the current $3.00–$3.50 price range to build a long-term position.
• Pictet Asset Management: Reported a massive +65.5% increase in their position this quarter, one of the most aggressive institutional "buy" signals in the TechBio sector.
u/jilliesmother3 — 7 days ago