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Heron Therapeutics, Inc.

HRTX
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0000818033

No open-market purchases or sales by Heron Therapeutics, Inc. insiders were filed in the last 90 days; 163 institutions reported holding it in 13F filings for Q2 2026, worth $57.1M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Heron Therapeutics, 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
170
0 vs. Q3 2025
Shares held
156.5M
+3.93M (+2.6%) vs. Q3 2025
Total value
$203.2M
+$11.0M (+5.7%) vs. Q3 2025
New holders
25
56 more added
Sold out
25
44 more reduced

2 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 HRTX 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: 170 institutions
Q1 2021: 193 institutionsQ2 2021: 189 institutionsQ3 2021: 197 institutionsQ4 2021: 200 institutionsQ1 2022: 186 institutionsQ2 2022: 174 institutionsQ3 2022: 186 institutionsQ4 2022: 176 institutionsQ1 2023: 162 institutionsQ2 2023: 149 institutionsQ3 2023: 141 institutionsQ4 2023: 151 institutionsQ1 2024: 161 institutionsQ2 2024: 190 institutionsQ3 2024: 173 institutionsQ4 2024: 161 institutionsQ1 2025: 165 institutionsQ2 2025: 171 institutionsQ3 2025: 172 institutionsQ4 2025: 170 institutionsQ1 2026: 167 institutionsQ2 2026: 163 institutions
Value heldQ4 2025: $203.2M
Q1 2021: $1.48BQ2 2021: $1.61BQ3 2021: $1.16BQ4 2021: $1.07BQ1 2022: $620.5MQ2 2022: $321.6MQ3 2022: $514.2MQ4 2022: $289.5MQ1 2023: $163.1MQ2 2023: $114.7MQ3 2023: $121.9MQ4 2023: $191.2MQ1 2024: $330.5MQ2 2024: $453.7MQ3 2024: $242.4MQ4 2024: $175.8MQ1 2025: $274.5MQ2 2025: $272.1MQ3 2025: $192.4MQ4 2025: $203.2MQ1 2026: $125.6MQ2 2026: $57.1M
Institutions holding HRTX and their total value by quarter
QuarterHoldersValue
Q2 2026163$57.1M
Q1 2026167$125.6M
Q4 2025170$203.2M
Q3 2025172$192.4M
Q2 2025171$272.1M
Q1 2025165$274.5M
Q4 2024161$175.8M
Q3 2024173$242.4M
Q2 2024190$453.7M
Q1 2024161$330.5M
Q4 2023151$191.2M
Q3 2023141$121.9M
Q2 2023149$114.7M
Q1 2023162$163.1M
Q4 2022176$289.5M
Q3 2022186$514.2M
Q2 2022174$321.6M
Q1 2022186$620.5M
Q4 2021200$1.07B
Q3 2021197$1.16B
Q2 2021189$1.61B
Q1 2021193$1.48B

Institutions, Q4 2025

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

Institutions holding HRTX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Rubric Capital Management LP30,046,828$39.1M0.47%+946,100+3.3%Added
Clearline Capital LP12,235,239$15.9M1.20%+2,522,712+26.0%Added
Adage Capital Partners GP, L.L.C.11,185,325$14.5M0.02%+946,100+9.2%Added
BlackRock, Inc.10,218,236$13.3M0.00%+230,776+2.3%Added
Vanguard Group Inc9,820,384$12.8M0.00%+1,360,600+16.1%Added
Velan Capital Investment Management LP8,753,290$11.4M6.62%00.0%Unchanged
Millennium Management LLC7,169,908$9.32M0.01%+6,921,405+2,785.2%Added
Palisade Capital Management LLC6,326,113$8.22M0.24%−1,001,334−13.7%Reduced
Tang Capital Management LLC6,250,000$8.13M0.40%+2,800,000+81.2%Added
Tejara Capital Ltd5,131,426$6.67M2.77%+541,711+11.8%Added
Geode Capital Management, LLC4,081,222$5.31M0.00%+438,240+12.0%Added
State Street Corp3,778,043$4.91M0.00%+126,540+3.5%Added
JW Asset Management, LLC3,671,073$4.77M1.55%+378,440+11.5%Added
Congress Park Capital LLC3,067,475$3.99M1.19%+177,318+6.1%Added
D. E. Shaw & Co., Inc.3,004,640$3.91M0.00%−83,852−2.7%Reduced
New York State Common Retirement Fund2,576,716$3.35M0.00%00.0%Unchanged
Citadel Advisors LLC2,095,045$2.72M0.00%−613,412−22.6%Reduced
UBS Group AG2,091,669$2.72M0.00%−842,412−28.7%Reduced
Renaissance Technologies LLC1,915,900$2.49M0.00%−939,099−32.9%Reduced
Pale Fire Capital SE1,469,655$1.91M0.25%+998,465+211.9%Added
Charles Schwab Investment Management Inc1,415,336$1.84M0.00%+138,295+10.8%Added
Jane Street Group, LLC1,367,891$1.78M0.00%+1,147,583+520.9%Added
Stonepine Capital Management, LLC1,237,802$1.61M1.27%+387,702+45.6%Added
Monaco Asset Management SAM1,233,022$1.60M0.48%+230,546+23.0%Added
Northern Trust Corp1,091,411$1.42M0.00%−66,162−5.7%Reduced
Two Sigma Investments, LP999,509$1.30M0.00%+307,230+44.4%Added
Goldman Sachs Group Inc989,796$1.29M0.00%−335,006−25.3%Reduced
Morgan Stanley963,851$1.25M0.00%−1,504,190−60.9%Reduced
CM Management, LLC750,000$975.0K0.82%00.0%Unchanged
Orchard Capital Managment, LLC680,432$884.6K0.77%+3,142+0.5%Added
Squarepoint Ops LLC677,947$881.3K0.00%+462,840+215.2%Added
Richmond Brothers, Inc.572,118$743.8K0.47%00.0%Unchanged
Two Sigma Advisers, LP519,571$675.4K0.00%+337,500+185.4%Added
Highland Capital Management Fund Advisors, L.P.475,750$618.5K0.04%00.0%Unchanged
Panagora Asset Management Inc440,252$572.3K0.00%+440,252New
Bank of New York Mellon Corp418,477$544.0K0.00%+6,003+1.5%Added
AQR Capital Management LLC376,300$489.2K0.00%−1,560,389−80.6%Reduced
Nuveen, LLC347,065$451.2K0.00%00.0%Unchanged
Susquehanna International Group, LLP340,246$442.3K0.00%+11,279+3.4%Added
Invesco Ltd.307,861$400.2K0.00%+76,466+33.0%Added
Barclays PLC303,209$394.2K0.00%+23,852+8.5%Added
Apeiron RIA LLC259,968$358.8K0.07%+37,090+16.6%Added
Palumbo Wealth Management LLC259,413$337.2K0.08%+42,907+19.8%Added
Cyndeo Wealth Partners, LLC248,087$322.5K0.02%00.0%Unchanged
Bridgeway Capital Management, LLC242,000$314.6K0.01%−458,000−65.4%Reduced
XTX Topco Ltd240,197$312.3K0.01%+209,700+687.6%Added
Quadrature Capital Ltd227,784$296.1K0.00%+227,784New
Los Angeles Capital Management LLC248,567$283.4K0.00%+2,154+0.9%Added
Rhumbline Advisers203,319$264.3K0.00%−21,334−9.5%Reduced
Alliancebernstein L.P.198,550$258.1K0.00%00.0%Unchanged
Wells Fargo & Company179,620$233.5K0.00%+56,488+45.9%Added
Quinn Opportunity Partners LLC175,344$227.9K0.01%00.0%Unchanged
Group One Trading, L.P.145,167$188.7K0.01%+145,167New
Capital Planning Advisors, LLC144,095$187.3K0.03%00.0%Unchanged
Gsa Capital Partners LLP135,089$176.0K0.02%+34,908+34.8%Added
Bank of America Corp134,445$174.8K0.00%−597,628−81.6%Reduced
Raymond James Financial Inc120,199$156.3K0.00%+8,527+7.6%Added
Simplex Trading, LLC114,604$149.0K0.00%+87,734+326.5%Added
Biltmore Family Office, LLC100,000$130.0K0.02%00.0%Unchanged
Integrated Wealth Concepts LLC95,174$123.7K0.00%−2,421−2.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.94,009$122.2K0.00%+10,314+12.3%Added
Deutsche Bank AG93,081$121.0K0.00%+7,923+9.3%Added
MetLife Investment Management87,754$114.1K0.00%−4,672−5.1%Reduced
Searle & Co.86,250$112.1K0.03%00.0%Unchanged
FMR LLC84,197$109.5K0.00%+36,803+77.7%Added
Glenmede Trust Co NA82,189$106.8K0.00%+82,189New
Price T Rowe Associates Inc76,638$100.0K0.00%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.71,369$92.8K0.00%−491−0.7%Reduced
Redwood Family Wealth LLC64,500$83.8K0.08%+64,500New
JPMorgan Chase & Co62,396$81.1K0.00%−1,230,048−95.2%Reduced
Commonwealth Equity Services, LLC59,426$77.3K0.00%−620−1.0%Reduced
Intech Investment Management LLC59,369$77.2K0.00%−13,996−19.1%Reduced
State of Wyoming58,624$76.2K0.01%+58,624New
Cornerstone Select Advisors, LLC58,070$75.5K0.05%−1,000−1.7%Reduced
LPL Financial LLC55,889$72.7K0.00%+5,256+10.4%Added
Headlands Technologies LLC51,287$66.7K0.01%+31,431+158.3%Added
Manufacturers Life Insurance Company, The48,659$63.3K0.00%−3,309−6.4%Reduced
Atom Investors LP48,178$62.6K0.00%+48,178New
Abel Hall, LLC46,176$60.0K0.01%+46,176New
Captrust Financial Advisors41,590$54.1K0.00%−7,366−15.0%Reduced
Prospera Financial Services Inc40,565$52.7K0.00%−11,100−21.5%Reduced
Police & Firemen's Retirement System of New Jersey38,352$49.9K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd35,106$45.6K0.01%+27,040+335.2%Added
Brevan Howard Capital Management LP35,036$45.5K0.00%+35,036New
HSBC Holdings PLC33,381$43.9K0.00%−53−0.2%Reduced
BNP Paribas Arbitrage, SA32,870$42.7K0.00%−345,718−91.3%Reduced
Concurrent Investment Advisors, LLC31,923$41.5K0.00%+31,923New
King Wealth30,799$40.0K0.00%+1,000+3.4%Added
Anfield Capital Management, LLC30,000$39.0K0.01%00.0%Unchanged
CoreCap Advisors, LLC28,409$36.9K0.00%00.0%Unchanged
ProShare Advisors LLC28,075$36.5K0.00%+1,916+7.3%Added
Jones Financial Companies LLLP27,955$36.3K0.00%+3,867+16.1%Added
Voya Investment Management LLC27,653$35.9K0.00%00.0%Unchanged
Valeo Financial Advisors, LLC26,697$34.7K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.26,422$34.0K0.00%−200−0.8%Reduced
ACT Advisors, LLC.25,808$33.5K0.01%+227+0.9%Added
Parkway Wealth Management Group, LLC25,000$32.5K0.00%+25,000New
SG Americas Securities, LLC24,377$32.0K0.00%+6,858+39.1%Added
Victory Capital Management Inc20,914$27.2K0.00%+29+0.1%Added
Argent Advisors, Inc.20,000$26.0K0.01%00.0%Unchanged