Lb Pharmaceuticals Inc (LBRX) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Lb Pharmaceuticals Inc (LBRX) following the 2026 Q2 hedge fund 13F filings?

As of today, LBRX has moved -0.3% since the 2026 Q2 13F filing date (August 14, 2026), compared to +1.7% for the XLV sector ETF — an outperformance of -2.0%. Since the quarter end (June 30, 2026), LBRX gained +46.7% vs -16.8% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Lb Pharmaceuticals Inc (LBRX)

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

Smart Money Signals — LBRX

Based on 75 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added LBRX 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

75 hedge funds hold LBRX 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 — +7400% more funds vs a year ago

fund count last 6Q

+74 new funds entered over the past year (+7400% 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 — 67% buying

50 buying25 selling

Last quarter: 50 funds were net buyers (20 opened a brand new position + 30 added to an existing one). Only 25 were sellers (13 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 0 → 52 → 32 → 20. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔄

Mostly new holders — 95% entered in last year

■ 4% conviction (2yr+) ■ 1% medium ■ 95% new

Only 3 funds (4%) 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 — ~20 new funds/quarter

0 → 0 → 52 → 32 → 20 new funds/Q

New funds entering each quarter: 0 → 52 → 32 → 20. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 95% of holders entered in last year

■ 5% veterans ■ 0% 1-2yr ■ 95% new

Of 75 current holders: 71 (95%) entered in the past year, only 4 (5%) 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 — 23% AUM from major funds

23% from top-100 AUM funds

28 of 75 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

7.4

out of 10

High Exit Risk

Exit risk score 7.4/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	111	75	48.0%
13F Shares	30M	27M	11.01%
Total Value	$964M	$659M	46.3%
New Positions	42	20	+22
Increased Positions	38	30	+8
Closed Positions	6	12	-6
Reduced Positions	14	13	+1
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

111

48.0%

13F Shares

30M

27M

11.01%

Total Value

$964M

$659M

46.3%

New Positions

+22

Increased Positions

Closed Positions

-6

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

111 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 LBRX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Nan Fung Group Holdings Ltd	15.57%	630,657	$20.5M
2	Spruce Street Capital LP	8.76%	1,376,159	$44.7M
3	Trails Edge Capital Partners, LP	7.85%	1,523,022	$49.4M
4	Commodore Capital LP	2.90%	1,500,000	$48.7M
5	Vivo Capital, LLC	2.37%	800,000	$26.0M
6	Caligan Partners LP	2.20%	1,438,070	$46.7M
7	Great Point Partners LLC	1.95%	317,221	$10.3M
8	Deep Track Capital, LP	1.58%	3,352,804	$108.8M
9	HighVista Strategies LLC	1.57%	211,511	$6.9M
10	Nantahala Capital Management, LLC	1.14%	1,052,894	$34.2M
11	TCG Crossover Management, LLC	1.13%	1,447,310	$47.0M
12	NEXTBio Capital Management LP	1.02%	68,249	$2.2M
13	Logos Global Management LP	0.82%	585,000	$19.0M
14	Acuta Capital Partners, LLC	0.65%	28,919	$939K
15	Ra Capital Management, L.P.	0.62%	2,208,604	$71.7M
16	Longbow Finance SA	0.34%	82,336	$2.7M
17	Eversept Partners, LP	0.31%	183,663	$6.0M
18	Knott David M Jr	0.22%	12,965	$421K
19	Verdad Advisers, LP	0.21%	6,867	$223K
20	Integral Health Asset Management, LLC	0.19%	150,000	$4.9M
21	Stempoint Capital LP	0.18%	31,785	$1.0M
22	Boxer Capital Management, LLC	0.17%	70,000	$2.3M
23	Boothbay Fund Management, LLC	0.12%	275,675	$8.9M
24	Virtus Investment Advisers, LLC	0.09%	11,513	$374K
25	Alerus Financial NA	0.08%	54,891	$1.8M

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 — Lb Pharmaceuticals Inc (LBRX)

What does the Smart Money Trend signal show for LBRX?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added LBRX 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 LBRX?

More buyers than sellers — 67% buying: Last quarter: 50 funds were net buyers (20 opened a brand new position + 30 added to an existing one). Only 25 were sellers (13 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for LBRX holders?

Strong quality — 23% AUM from major funds: 28 of 75 holders rank in the top 100 by AUM, accounting for 23% 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 LBRX?

Mostly new holders — 95% entered in last year: Only 3 funds (4%) 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.

Is it too late to buy Lb Pharmaceuticals Inc (LBRX) following the 2026 Q2 hedge fund 13F filings?

As of today, LBRX has moved -0.3% since the 2026 Q2 13F filing date (August 14, 2026), compared to +1.7% for the XLV sector ETF — an outperformance of -2.0%. Since the quarter end (June 30, 2026), LBRX has gained +46.7% vs -16.8% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Lb Pharmaceuticals Inc (LBRX)

Smart Money Signals — LBRX

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +7400% more funds vs a year ago

More buyers than sellers — 67% buying

Fewer new buyers each quarter (-12 vs last Q)

Mostly new holders — 95% entered in last year

Steady discovery — ~20 new funds/quarter

Early stage — 95% of holders entered in last year

Strong quality — 23% AUM from major funds

Institutional Sentiment Summary — LBRX

Hedge Fund Ownership: LBRX

Market Analysis: LBRX

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: LBRX

Is It Too Late to Buy Lb Pharmaceuticals Inc (LBRX) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: LBRX

Statistics: LBRX

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Lb Pharmaceuticals Inc (LBRX)

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