Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BICARA THERAPEUTICS INC (BCAX)

138 + Investors. Track Smart Money conviction in BCAX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
6Q ▲
Buyers last Q
61%

Smart Money Signals — BCAX

Based on 134 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added BCAX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
134 hedge funds hold BCAX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +63% more funds vs a year ago

fund count last 6Q
+52 new funds entered over the past year (+63% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 61% buying

85 buying54 selling
Last quarter: 85 funds were net buyers (41 opened a brand new position + 44 added to an existing one). Only 54 were sellers (36 trimmed + 18 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+18 vs last Q)

new funds entering per quarter
Funds opening a new BCAX position: 28 → 34 → 23 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 44% entered in last year

■ 5% conviction (2yr+) ■ 51% medium ■ 44% new
Only 7 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~41 new funds/quarter

37 → 28 → 34 → 23 → 41 new funds/Q
New funds entering each quarter: 28 → 34 → 23 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 67% of holders entered in last year

■ 9% veterans ■ 25% 1-2yr ■ 67% new
Of 138 current holders: 92 (67%) entered in the past year, only 12 (9%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
32 of 134 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BCAX

In 2025 Q4, 85 hedge funds were net buyers of BCAX (41 opened a new position, 44 added to an existing one), while 54 reduced or exited (36 trimmed, 18 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 28% of total institutional value in BCAX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 134.

Hedge Fund Ownership: BCAX

How many hedge funds hold BCAX — quarterly history vs. share price
Quarterly hedge fund ownership of BCAX vs. share price

Market Analysis: BCAX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BCAX

Healthcare Biotechnology

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 4 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: BCAX
2026 Q1 Stats Unlock in 6 days 138 + Investors

Track Smart Money conviction in BCAX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 138 111 24.32%
13F Shares 54M 50M 7.89%
Total Value $885M $762M 16.2%
New Positions 44 23 +21
Increased Positions 45 39 +6
Closed Positions 18 17 +1
Reduced Positions 36 27 +9
Total Calls 0 0 -
Total Puts 4 1 300.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BCAX

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Financial Highlights

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Institutional Holders (2026 Q1)

138 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BCAX. Verified SEC 13F-HR filings.

Top 25 institutional holders of BCAX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Red Tree Management, LLC 56.39% 3,170,509 $63.1M
2 Royalty Pharma Sub-Manager, LLC 26.77% 1,263,150 $45.9M
3 Aisling Capital Management LP 2.38% 568,919 $11.3M
4 Napean Trading & Investment Co (Singapore) PTE Ltd 0.97% 113,780 $2.3M
5 NAN FUNG TRINITY (HK) Ltd 0.93% 427,885 $8.5M
6 Atle Fund Management AB 0.75% 1,169,634 $2.3M
7 Optimize Financial Inc 0.23% 23,996 $477K
8 SEVEN GRAND MANAGERS, LLC 0.08% 62,500 $1.2M
9 Thrive Wealth Management, LLC 0.03% 10,344 $206K
10 MARTINGALE ASSET MANAGEMENT L P 0.03% 57,538 $1.1M
11 Candriam S.C.A. 0.02% 238,822 $4.8M
12 China Universal Asset Management Co., Ltd. 0.02% 11,244 $224K
13 Hudson Bay Capital Management LP 0.02% 233,703 $4.6M
14 Ensign Peak Advisors, Inc 0.01% 401,444 $8.0M
15 PROFUND ADVISORS LLC 0.01% 17,128 $341K
16 SCS Capital Management LLC 0.01% 53,430 $1.1M
17 Caitong International Asset Management Co., Ltd 0.01% 2,544 $51K
18 Bleakley Financial Group, LLC 0.01% 29,331 $583K
19 Walleye Capital LLC 0.01% 108,008 $2.1M
20 FRANKLIN RESOURCES INC 0.01% 1,621,643 $32.3M
21 Clearbridge Investments, LLC 0.01% 289,221 $5.8M
22 ALPS ADVISORS INC 0.00% 51,580 $1.0M
23 TD ASSET MANAGEMENT INC 0.00% 269,718 $5.4M
24 LETKO, BROSSEAU & ASSOCIATES INC 0.00% 11,175 $222K
25 Ameritas Investment Partners, Inc. 0.00% 2,893 $58K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — BICARA THERAPEUTICS INC (BCAX)

What does the Smart Money Trend signal show for BCAX?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added BCAX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BCAX?

More buyers than sellers — 61% buying: Last quarter: 85 funds were net buyers (41 opened a brand new position + 44 added to an existing one). Only 54 were sellers (36 trimmed + 18 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BCAX holders?

Strong quality — 28% AUM from major funds: 32 of 134 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BCAX?

Mostly new holders — 44% entered in last year: Only 7 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.