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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
1,002
+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
323 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
Calamos Advisors LLC35,527$6.25M0.03%−1,443−3.9%Reduced
Parkman Healthcare Partners LLC35,425$6.23M0.59%−94,740−72.8%Reduced
MetLife Investment Management35,155$6.19M0.03%−1,210−3.3%Reduced
Mirae Asset Global Investments Co., Ltd.35,107$6.18M0.02%−31,903−47.6%Reduced
Tang Capital Management LLC35,000$6.16M0.30%00.0%Unchanged
CIBC Asset Management Inc34,447$6.06M0.01%−10,666−23.6%Reduced
Oversea-Chinese Banking CORP Ltd34,366$6.05M0.17%−11,837−25.6%Reduced
USS Investment Management Ltd34,216$6.02M0.03%+2,346+7.4%Added
North Growth Management Ltd.34,000$6.02M0.94%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys34,124$6.01M0.03%−1,084−3.1%Reduced
Grimes & Company, Inc.33,844$5.96M0.14%−1,453−4.1%Reduced
NorthCrest Asset Manangement, LLC33,787$5.90M0.13%+1,151+3.5%Added
AMF Pensionsforsakring AB33,479$5.89M0.04%00.0%Unchanged
Meitav Dash Investments Ltd33,462$5.89M0.07%+62+0.2%Added
Natixis Advisors, L.P.33,336$5.87M0.01%−6,180−15.6%Reduced
Farmers Trust Co33,185$5.84M0.95%+7,214+27.8%Added
Leuthold Group, LLC32,589$5.74M0.62%+9,072+38.6%Added
CWA Asset Management Group, LLC32,534$5.73M0.21%+2,841+9.6%Added
Jefferies Financial Group Inc.32,513$5.72M0.05%+1,913+6.3%Added
Baader Bank INC32,491$5.71M0.48%−23,483−42.0%Reduced
Impax Asset Management Group plc32,124$5.65M0.04%−932−2.8%Reduced
Retirement Systems of Alabama31,210$5.49M0.02%−65−0.2%Reduced
Simplex Trading, LLC30,878$5.43M0.15%+29,762+2,666.8%Added
Hillman Capital Management, Inc.30,516$5.37M3.38%−7,838−20.4%Reduced
Toroso Investments, LLC30,478$5.36M0.02%+5,442+21.7%Added
Amalgamated Bank30,285$5.33M0.04%+2,503+9.0%Added
B. Metzler seel. Sohn & Co. AG29,971$5.27M0.05%+17,489+140.1%Added
Natixis29,104$5.12M0.02%+5,068+21.1%Added
Insight Wealth Strategies, LLC28,960$5.10M0.58%+28,960New
Skandinaviska Enskilda Banken AB (publ)28,748$5.06M0.02%−335−1.2%Reduced
DnB Asset Management AS28,729$5.06M0.02%+511+1.8%Added
Ritholtz Wealth Management28,375$4.99M0.09%+16,695+142.9%Added
Leonteq Securities AG27,960$4.92M0.26%+4,843+20.9%Added
Forsta Ap-Fonden27,300$4.80M0.03%+2,100+8.3%Added
Generali Asset Management SPA SGR27,181$4.78M0.10%−13,744−33.6%Reduced
US Bancorp26,757$4.71M0.01%+5,324+24.8%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund26,553$4.67M0.04%−2,400−8.3%Reduced
Nippon Life Global Investors Americas, Inc.26,490$4.66M0.19%+26,490New
Macquarie Group Ltd26,409$4.65M0.02%−27,352−50.9%Reduced
Nissay Asset Management Corp26,286$4.63M0.02%−19,186−42.2%Reduced
Daiwa Securities Group Inc.26,277$4.62M0.02%−17,798−40.4%Reduced
Mubadala Investment Co PJSC26,236$4.62M0.03%+26,236New
British Columbia Investment Management Corp25,960$4.57M0.02%+4,902+23.3%Added
Swiss Life Asset Management Ltd25,196$4.43M0.02%−15,249−37.7%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main24,919$4.39M0.00%−88,634−78.1%Reduced
ADAR1 Capital Management, LLC24,300$4.28M0.32%+6,300+35.0%Added
Guggenheim Capital LLC24,020$4.23M0.03%−38,643−61.7%Reduced
Utah Retirement Systems23,996$4.22M0.04%00.0%Unchanged
China Universal Asset Management Co., Ltd.23,905$4.21M0.32%−5,665−19.2%Reduced
Old North State Wealth Management, LLC23,809$4.19M1.97%+1,540+6.9%Added
Jane Street Group, LLC23,539$4.14M0.00%+18,199+340.8%Added
Cetera Investment Advisers23,503$4.14M0.00%+2,615+12.5%Added
Teacher Retirement System of Texas23,489$4.13M0.01%−14,304−37.8%Reduced
CAPROCK Group, Inc.23,453$4.13M0.09%+17,842+318.0%Added
Mn Services Vermogensbeheer B.V.23,300$4.10M0.03%−3,300−12.4%Reduced
Xponance, Inc.23,038$4.05M0.03%+1,714+8.0%Added
Bank of Nova Scotia22,695$3.99M0.01%−1,656−6.8%Reduced
Police & Firemen's Retirement System of New Jersey22,371$3.94M0.03%−1,228−5.2%Reduced
NLB Skladi, upravljanje premozenja, d.o.o.22,007$3.87M0.18%+22,007New
Atom Investors LP21,720$3.82M0.30%+19,498+877.5%Added
New York Life Investment Management LLC21,310$3.75M0.03%−174−0.8%Reduced
Capula Management Ltd21,295$3.75M0.02%+11,087+108.6%Added
Kovitz Investment Group Partners, LLC21,133$3.72M0.08%−1,816−7.9%Reduced
GWM Advisors LLC21,048$3.70M0.01%+11,910+130.3%Added
Sumitomo Mitsui DS Asset Management Company, Ltd20,422$3.59M0.03%+401+2.0%Added
CIBC World Markets Corp20,403$3.59M0.02%+20,403New
Janus Henderson Group PLC20,252$3.56M0.00%+1,992+10.9%Added
Sivik Global Healthcare LLC20,000$3.52M1.72%+20,000New
Inspire Trust Co, N.A.20,000$3.52M0.58%00.0%Unchanged
Comerica Bank19,475$3.43M0.01%−14,195−42.2%Reduced
Rakuten Investment Management, Inc.19,295$3.41M0.01%−179,277−90.3%Reduced
Public Sector Pension Investment Board19,190$3.38M0.01%+6,344+49.4%Added
Fluent Financial, LLC19,144$3.37M1.28%−6,399−25.1%Reduced
IMC-Chicago, LLC19,011$3.35M0.06%+19,011New
Fideuram - Intesa Sanpaolo Private Banking S.P.A.18,873$3.32M0.12%+18,873New
Morningstar Investment Management LLC18,779$3.31M0.20%00.0%Unchanged
Kinneret Advisory, LLC18,742$3.30M0.28%−512−2.7%Reduced
Verition Fund Management LLC18,523$3.26M0.02%−11,514−38.3%Reduced
Commonwealth Equity Services, LLC18,394$3.24M0.00%+377+2.1%Added
Leo Wealth, LLC18,133$3.19M0.23%+21+0.1%Added
MH & Associates Securities Management Corp17,598$3.10M2.53%+17,598New
Hourglass Capital, LLC17,550$3.09M0.67%−420−2.3%Reduced
Ilmarinen Mutual Pension Insurance Co17,400$3.06M0.02%−6,600−27.5%Reduced
Horizon Investments, LLC17,382$3.06M0.04%−43,667−71.5%Reduced
Captrust Financial Advisors17,375$3.06M0.01%+843+5.1%Added
State of Alaska, Department of Revenue17,187$3.02M0.03%−995−5.5%Reduced
Elo Mutual Pension Insurance Co17,142$3.02M0.05%−4,460−20.6%Reduced
Omers Administration Corp16,808$2.96M0.02%+11,628+224.5%Added
M&T Bank Corp16,761$2.95M0.01%+2,106+14.4%Added
Oregon Public Employees Retirement Fund16,741$2.95M0.04%00.0%Unchanged
Systematic Financial Management LP16,640$2.93M0.07%+11,970+256.3%Added
NEOS Investment Management LLC16,534$2.91M0.02%−40,767−71.1%Reduced
UniSuper Management Pty Ltd16,427$2.89M0.02%−3,574−17.9%Reduced
Entropy Technologies, LP16,312$2.87M0.16%+13,899+576.0%Added
OP Asset Management Ltd16,246$2.86M0.03%00.0%Unchanged
Mutual of America Capital Management LLC15,793$2.78M0.03%−136−0.9%Reduced
Wealthfront Advisers LLC15,551$2.74M0.01%+4,227+37.3%Added
Gabelli Funds LLC15,400$2.71M0.02%+1,300+9.2%Added
Clark Estates Inc15,300$2.69M0.65%00.0%Unchanged