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Biogen Inc.

BIIB
Exchange
Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0000875045

In the last 90 days, Biogen Inc. insiders filed 0 open-market purchases and 1 sale; 1,047 institutions reported holding it in 13F filings for Q2 2026, worth $30.7B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Biogen Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,001
+109 vs. Q3 2025
Shares held
139.7M
+8.71M (+6.6%) vs. Q3 2025
Total value
$24.6B
+$6.26B (+34.1%) vs. Q3 2025
New holders
191
322 more added
Sold out
82
295 more reduced

16 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BIIB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,002 institutions
Q1 2021: 1,096 institutionsQ2 2021: 1,107 institutionsQ3 2021: 1,044 institutionsQ4 2021: 1,014 institutionsQ1 2022: 954 institutionsQ2 2022: 930 institutionsQ3 2022: 987 institutionsQ4 2022: 1,033 institutionsQ1 2023: 1,004 institutionsQ2 2023: 1,009 institutionsQ3 2023: 966 institutionsQ4 2023: 1,005 institutionsQ1 2024: 955 institutionsQ2 2024: 947 institutionsQ3 2024: 921 institutionsQ4 2024: 879 institutionsQ1 2025: 882 institutionsQ2 2025: 867 institutionsQ3 2025: 909 institutionsQ4 2025: 1,002 institutionsQ1 2026: 1,015 institutionsQ2 2026: 1,047 institutions
Value heldQ4 2025: $24.6B
Q1 2021: $35.7BQ2 2021: $43.6BQ3 2021: $35.1BQ4 2021: $29.7BQ1 2022: $25.9BQ2 2022: $25.0BQ3 2022: $33.0BQ4 2022: $34.6BQ1 2023: $35.0BQ2 2023: $36.1BQ3 2023: $32.2BQ4 2023: $33.3BQ1 2024: $28.0BQ2 2024: $29.9BQ3 2024: $25.1BQ4 2024: $20.2BQ1 2025: $17.7BQ2 2025: $16.3BQ3 2025: $18.4BQ4 2025: $24.6BQ1 2026: $24.7BQ2 2026: $30.7B
Institutions holding BIIB and their total value by quarter
QuarterHoldersValue
Q2 20261,047$30.7B
Q1 20261,015$24.7B
Q4 20251,002$24.6B
Q3 2025909$18.4B
Q2 2025867$16.3B
Q1 2025882$17.7B
Q4 2024879$20.2B
Q3 2024921$25.1B
Q2 2024947$29.9B
Q1 2024955$28.0B
Q4 20231,005$33.3B
Q3 2023966$32.2B
Q2 20231,009$36.1B
Q1 20231,004$35.0B
Q4 20221,033$34.6B
Q3 2022987$33.0B
Q2 2022930$25.0B
Q1 2022954$25.9B
Q4 20211,014$29.7B
Q3 20211,044$35.1B
Q2 20211,107$43.6B
Q1 20211,096$35.7B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Biogen Inc.; share changes are against Q3 2025.

Institutions holding BIIB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bridger Management, LLC36,065$6.35M4.08%+36,065New
Nisa Investment Advisors, LLC38,435$6.76M0.02%−9,121−19.2%Reduced
JustInvest LLC38,593$6.79M0.07%−81−0.2%Reduced
Czech National Bank38,683$6.81M0.04%+1,445+3.9%Added
The PNC Financial Services Group, Inc.38,718$6.81M0.00%−984−2.5%Reduced
Orion Investment Co39,404$6.93M2.12%−25−0.1%Reduced
IFM Investors Pty Ltd39,855$7.01M0.06%+2,365+6.3%Added
Arizona State Retirement System40,220$7.08M0.04%−3,199−7.4%Reduced
Citadel Advisors LLC40,424$7.11M0.00%−332,304−89.2%Reduced
Wealth Enhancement Advisory Services, LLC37,948$7.20M0.01%+5,041+15.3%Added
CI Private Wealth, LLC41,149$7.25M0.01%+6,287+18.0%Added
ProShare Advisors LLC41,496$7.30M0.01%−155,668−79.0%Reduced
Mercer Global Advisors Inc42,475$7.45M0.01%+1,940+4.8%Added
Healthcare of Ontario Pension Plan Trust Fund42,742$7.52M0.01%−5,205−10.9%Reduced
State of Michigan Retirement System43,103$7.59M0.04%00.0%Unchanged
Generali Investments CEE, investicni spolecnost, a.s.43,552$7.66M0.54%+4,797+12.4%Added
Adams Diversified Equity Fund, Inc.44,300$7.80M0.26%+44,300New
Resona Asset Management Co.,Ltd.45,186$7.96M0.04%−2,074−4.4%Reduced
Arrowstreet Capital, Limited Partnership45,349$7.98M0.00%−335,442−88.1%Reduced
Dakota Wealth Management45,897$8.08M0.14%+37,220+429.0%Added
Lazard Asset Management LLC46,123$8.12M0.01%−10,713−18.8%Reduced
Nomura Asset Management International Inc.46,340$8.15M0.01%+46,340New
Public Employees Retirement System of Ohio47,370$8.34M0.03%−1,659−3.4%Reduced
Gateway Investment Advisers LLC48,161$8.48M0.08%+5,835+13.8%Added
Danske Bank A/S48,415$8.52M0.02%+3,705+8.3%Added
Rafferty Asset Management, LLC48,559$8.55M0.03%−110,068−69.4%Reduced
Ethic Inc.48,591$8.55M0.13%+4,095+9.2%Added
Lansforsakringar Fondforvaltning AB (publ)48,725$8.58M0.04%+417+0.9%Added
CWM, LLC48,890$8.60M0.02%+1,435+3.0%Added
State of New Jersey Common Pension Fund D48,945$8.61M0.03%00.0%Unchanged
Erste Asset Management GmbH48,734$8.62M0.07%+3,149+6.9%Added
Toronto Dominion Bank49,173$8.65M0.02%−9,811−16.6%Reduced
Stifel Financial Corp51,246$9.02M0.01%+13,655+36.3%Added
Cinctive Capital Management LP52,173$9.18M0.53%−13,664−20.8%Reduced
Mariner, LLC52,475$9.24M0.01%+4,961+10.4%Added
Caption Management, LLC53,000$9.33M0.41%+48,000+960.0%Added
KBC Group NV53,398$9.40M0.02%+17,939+50.6%Added
D. E. Shaw & Co., Inc.53,754$9.46M0.01%−424,170−88.8%Reduced
Korea Investment CORP53,907$9.49M0.02%−6,501−10.8%Reduced
Weiss Asset Management LP55,560$9.78M0.14%+55,560New
Schroder Investment Management Group57,272$10.1M0.01%−4,849−7.8%Reduced
Mirae Asset Global ETFs Holdings Ltd.57,836$10.2M0.02%−79,024−57.7%Reduced
Empowered Funds, LLC57,961$10.2M0.17%+48,918+540.9%Added
Envestnet Asset Management Inc58,819$10.4M0.00%+5,429+10.2%Added
SEI Investments Co59,496$10.5M0.01%+36,665+160.6%Added
Ossiam62,263$11.0M0.22%−3,340−5.1%Reduced
Voya Investment Management LLC62,695$11.0M0.01%−594−0.9%Reduced
Royal London Asset Management Ltd64,565$11.4M0.02%−1,406−2.1%Reduced
Contrarius Group Holdings Ltd64,952$11.4M0.55%+64,952New
Mitsubishi UFJ Trust & Banking Corp65,318$11.5M0.03%−19,342−22.8%Reduced
Edmond de Rothschild Holding S.A.66,970$11.8M0.17%00.0%Unchanged
Nomura Asset Management Co Ltd67,351$11.9M0.03%−180.0%Reduced
Asset Management One Co.,Ltd.67,453$11.9M0.03%−454−0.7%Reduced
Cerity Partners LLC68,366$12.0M0.02%−13,882−16.9%Reduced
Brevan Howard Capital Management LP71,017$12.5M0.24%+37,506+111.9%Added
Mackenzie Financial Corp71,075$12.5M0.01%+7,321+11.5%Added
Banque Pictet & Cie SA71,358$12.6M0.13%−305−0.4%Reduced
Treasurer of the State of North Carolina72,614$12.8M0.04%+6,932+10.6%Added
State of Tennessee, Treasury Department71,467$12.9M0.04%−13,996−16.4%Reduced
Privium Fund Management B.V.73,480$12.9M2.38%+21,555+41.5%Added
Chevy Chase Trust Holdings, Inc.74,724$13.2M0.04%−447−0.6%Reduced
Silverarc Capital Management, LLC75,412$13.3M1.92%−5,007−6.2%Reduced
State of Wisconsin Investment Board75,944$13.4M0.03%−1,955−2.5%Reduced
Cresset Asset Management, LLC76,379$13.4M0.06%−12,943−14.5%Reduced
Credit Agricole S A76,775$13.5M0.04%+39,323+105.0%Added
Eversept Partners, LP77,944$13.7M0.77%+26,179+50.6%Added
APG Asset Management N.V.95,072$14.2M0.04%−3,202−3.3%Reduced
Illinois Municipal Retirement Fund81,398$14.3M0.18%−1,722−2.1%Reduced
Raymond James Financial Inc83,714$14.7M0.00%+30,372+56.9%Added
Handelsbanken Fonder AB84,228$14.8M0.04%−15,088−15.2%Reduced
Portolan Capital Management, LLC84,990$15.0M0.80%+84,990New
Sector Gamma AS85,475$15.0M3.43%+10,000+13.2%Added
American Century Companies Inc85,824$15.1M0.01%+15,431+21.9%Added
LPL Financial LLC89,537$15.8M0.00%+19,373+27.6%Added
Creative Planning90,002$15.8M0.01%+21,419+31.2%Added
Rhenman & Partners Asset Management AB92,350$16.3M1.52%+37,350+67.9%Added
Sphera Funds Management Ltd.94,738$16.7M3.48%+12,000+14.5%Added
Walleye Trading LLC95,522$16.8M0.27%+95,522New
National Bank of Canada96,542$17.0M0.02%+23,425+32.0%Added
Quantinno Capital Management LP98,333$17.3M0.03%+30,481+44.9%Added
New York State Common Retirement Fund99,245$17.5M0.02%−44,220−30.8%Reduced
Integral Health Asset Management, LLC100,000$17.6M0.89%+100,000New
Woodline Partners LP102,318$18.0M0.07%+5,652+5.8%Added
Great West Life Assurance Co103,100$18.2M0.03%−32,557−24.0%Reduced
Manufacturers Life Insurance Company, The105,736$18.6M0.02%−15,115−12.5%Reduced
Susquehanna Portfolio Strategies, LLC106,114$18.7M0.29%+106,114New
Schonfeld Strategic Advisors LLC107,068$18.8M0.09%−213,086−66.6%Reduced
O'Shaughnessy Asset Management, LLC110,268$19.4M0.11%+50,279+83.8%Added
New York State Teachers Retirement System111,203$19.6M0.04%+1,009+0.9%Added
Bank of Montreal113,684$20.0M0.01%−11,571−9.2%Reduced
Braidwell LP115,700$20.4M0.65%+115,700New
Russell Investments Group, Ltd.119,087$21.0M0.02%−22,261−15.7%Reduced
Wells Fargo & Company119,338$21.0M0.00%−56,926−32.3%Reduced
Perceptive Advisors LLC124,000$21.8M0.40%+124,000New
Universal- Beteiligungs- und Servicegesellschaft mbH123,736$21.8M0.04%−23,908−16.2%Reduced
Aviva PLC124,898$22.0M0.04%+9,192+7.9%Added
State Board of Administration of Florida Retirement System125,750$22.1M0.04%−5,639−4.3%Reduced
Letko, Brosseau & Associates Inc129,780$22.8M0.37%+9,160+7.6%Added
Eurizon Capital SGR S.p.A.130,813$23.0M0.07%+130,813New
Federated Hermes, Inc.131,168$23.1M0.04%+6,246+5.0%Added