Ownership Summary More information

  Institutional Stock Ownership 68.9%
 Institutional Mutual Fund Ownership 23.8%
 Mutual Fund Ownership 6.0%
 Insider Ownership 12.9%
 Other -11.6%

Institutional Ownership Details

Institutional Stock &
Mutual Fund Ownership:

Institutional Share Purchases 3.0M 3.5M
Institutional Shares Sold 1.5M 2.6M
Net Institutional Shares Purchased 1.6M 827.4K
Change in Ownership 5.41% 2.95%
Top 10 Institutional Holdings by Shares Held
Name Reporting Date Total Holdings Sorted in descending order. Position Value Outstanding
Shares Owned
Consonance Capital Management LP 06/30/20 3.2M $46.2M 9.67%
EcoR1 Capital, LLC 06/30/20 3.2M $45.9M 9.60%
Blackrock Inc. 06/30/20 2.5M $37.0M 7.75%
Jennison Associates LLC 06/30/20 2.4M $34.2M 7.16%
Vanguard Group, Inc. (The) 06/30/20 1.6M $23.0M 4.82%
Baker Brothers Advisors, LLC 06/30/20 1.5M $22.4M 4.69%
Rock Springs Capital Management, LP 06/30/20 1.5M $21.8M 4.56%
Wellington Management Company, LLP 06/30/20 1.4M $20.4M 4.26%
Citadel Advisors LLC 06/30/20 1.2M $16.9M 3.53%
State Street Corporation 06/30/20 1.0M $15.0M 3.13%

Mutual Fund Ownership Details

Institutional Mutual Fund & Mutual Fund (No 13F Form) Ownership: 30%

Mutual Fund Share Purchases 426.7K 633.8K
Mutual Fund Shares Sold 411.1K 301.2K
Net Mutual Fund Shares Purchased 15.5K 332.5K
Change in Ownership 0.16% 3.52%
Top 10 Mutual Fund Holdings by Shares Held
Name Reporting Date Total Holdings Sorted in descending order. Position Value Outstanding
Shares Owned
PGIM Jennison Health Sciences Fd (i) 08/31/20 1.6M $23.6M 4.95%
Vanguard Total Stock Market Index Fund (i) 06/30/20 842.7K $12.3M 2.56%
iShares Russell 2000 ETF (i) 09/30/20 613.7K $8.9M 1.87%
SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF (i) 09/30/20 577.5K $8.4M 1.76%
Victory Portfolios-Victory RS Small Cap Growth Fund (i) 06/30/20 472.2K $6.9M 1.44%
Vanguard Extended Market Index Fund (i) 06/30/20 428.9K $6.2M 1.31%
iShares NASDAQ Biotechnology ETF (i) 09/30/20 310.2K $4.5M 0.94%
Price (T.Rowe) New Horizons Fund (i) 06/30/20 307.7K $4.5M 0.94%
USAA Mutual Fund Tr-Science & Technology Fund (i) 07/31/20 282.3K $4.1M 0.86%
Franklin Strategic Series-Franklin Biotechnology Discove (i) 07/31/20 256.7K $3.7M 0.78%

About Ownership Summary

The Ownership Summary indicates the percentage breakdown of a company's equity ownership by investor type, and is derived from multiple sources. Institutional ownership data is derived from filings of Form 13F, which investment managers must file quarterly if they manage at least $100,000,000 in equities. Institutional Mutual Funds are those funds that are connected with or a part of another 13F filer. Other Funds are those mutual funds that are not associated with a 13F filer. Mutual fund information is derived from forms NQ (quarterly) and NCSRs (annually). In addition, where possible, holdings information is obtained directly from mutual funds on a more frequent basis. Insider Ownership data, which reflects changes in ownership by directors, officers, and principal stakeholders, comes from filings of Forms 3 and 4. A Form 3 filing is an initial statement of ownership, whereas a Form 4 must be filed within two business days following a change in ownership by officers, directors and beneficial owners of a given company.

As with all your investments through Fidelity, you must make your own determination whether an investment is appropriate for you. Fidelity is not recommending or endorsing this security by making it available to customers. You should conduct research and perform a thorough investigation as to the characteristics of any securities you intend to purchase. Before investing, you should read the prospectus, offering circular, indenture, or similar document carefully for a full description of the product, including its features and risks, to determine whether it is an appropriate investment for your investment objectives, risk tolerance, financial situation and other individual factors, and be sure to re-evaluate those factors on a periodic basis.

Performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore, you may have a gain or loss when you sell your shares.

Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Growth stocks can be more volatile than other types of stocks. Value stocks can continue to be undervalued by the market for long periods of time. Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks, all of which are magnified in emerging markets. Illiquidity is an inherent risk associated with investing in real estate and REITs. There is no guarantee the issuer of a REIT will maintain the secondary market for its shares and redemptions may be at a price which is more or less than the original price paid. Closed-end funds can trade at a discount to their NAV. Shareholders of Master Limited Partnerships may be treated as partners for tax purposes. Partnerships issue a Schedule K-1 (Form 1065) rather than a Form 1099 form for tax purposes. It lists the partner's share of income, deductions, credits, etc. Speak with your tax advisor to determine how this may affect you. A royalty trust is a type of corporation, mostly in the United States or Canada, usually involved in oil and gas production or mining. Royalty trusts may have special tax treatment, so you should consult a tax advisor on the potential tax consequences of investing in them.

Any data, charts and other information provided on this page are intended for research purposes to help self-directed investors evaluate many types of securities including, but not limited to common stocks, American Depository Receipts, Master Limited Partnerships, real estate investment trusts. traditional preferred stock, trust preferred securities, third-party trust certificates, convertible securities, mandatory convertible securities and other exchange-traded equity and/or debt securities. Criteria and inputs entered, including the choice to make security comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from its use.
See the Latest Features
Get relevant information about your holdings right when you need it.
See Your Performance Click the portfolio icon to get information about stocks you own without leaving the research page.
Faster Access to Positions A shortcut to view the full list of positions in your portfolio? Yes, please! Use the ticker search box.
Add Your Own Notes Use Notebook to save your investment ideas in one convenient, private, and secure place.
Convenient For You
Research that's clear, accessible, and all in one place makes for a better experience.
One-Stop Shop See everything you need to make investment decisions right in the dashboard.
Access Anywhere No matter where you are, use the Stock Research experience across multiple devices.
New Ideas, On the Ready Find new ideas using quick links to the Stock Screener.
New Ways to Research
Discover new tools to add or diversify your existing research strategy.
StockTwits Read live tweets from the financial and investing community about the stock you're interested in.
Fundamental Analysis Save time on research by getting an overall assessment of a company's valuation, quality, growth stability, and financial health.
Recognia Technical Analysis Perfect for the technical trader—this indicator captures a stock's technical events and converts them into short, medium, and long-term sentiment.
Top Competitors See how a stock measures up by instantly comparing it to the industry average and its top four competitors.
Social Sentiment Get a sense of people's overall feelings towards a company in social media with this summary tool.
Earnings Data Monitor earnings expectations over the past three quarters and model a stock's price based on its P/E.