BioMarin Pharmaceuticals

BMRN • NASDAQ

BioMarin Pharmaceuticals is a biotechnology company in the healthcare sector on NASDAQ, led by Alexander Hardy, with a market cap of $10.2B. As of Q3 2025, 93% of shares are held by 558 institutional investors, with BlackRock, Inc. as the largest holder at 11.48%.

President and Chief Executive OfficerAlexander Hardy

Market Cap$10.2B

Biotechnology

Healthcare

Employees3.4K

Websitebiomarin.com

Country

United States of America

Overview

Overview of institutional ownership in BMRN as of Q3 2025 with a market cap of $10.4B

All Institutions

Institutions: 558
Value Held: $9.7B
Shares Held: 178.7M
Avg Position: $17.3M
Median Position: $1.0M

Hedge Funds

Hedge Funds: 65
Value Held: $1.7B
Shares Held: 30.6M
Avg Position: $25.5M
Median Position: $3.9M

Ownership Breakdown

Institutional (non-HF)

77.14%

$8.0B

Hedge Funds

15.95%

$1.7B

Retail & Other

6.91%

$718.6M

Based on market cap of $10.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BMRN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$1.2B 0.02% of portfolio	11.48% 22.0M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.0B 0.02% of portfolio	9.68% 18.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	Theofanis A Kolokotrones Chairman	$824.8M 0.64% of portfolio	7.93% 15.2M shares	≤ Q2 2013 Held for 12y 5m+	$128.84B
DODGE & COX Long Only Manager	Dana Morton Emery CEO	$795.4M 0.43% of portfolio	7.65% 14.7M shares	Q4 2019 Held for 5y 11m	$185.33B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$474.7M 0.02% of portfolio	4.56% 8.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	Ole Andreas Halvorsen CEO	$450.7M 1.17% of portfolio	4.33% 8.3M shares	Q4 2021 Held for 3y 11m	$38.5B
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$321.3M 0.21% of portfolio	3.09% 5.9M shares	Q4 2019 Held for 5y 11m	$156.17B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$191.3M 0.01% of portfolio	1.84% 3.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$142.3M 0.12% of portfolio	1.37% 2.6M shares	≤ Q2 2013 Held for 12y 5m+	$121.98B
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$137.4M 0.03% of portfolio	1.32% 2.5M shares	≤ Q2 2013 Held for 12y 5m+	$532.36B

Net Capital Flow

Institutional buying and selling activity for BMRN in Q3 2025

Traded: −$74.4M
Buyers: 300
Sellers: 258
Total Bought: +$906.5M
Total Sold: −$980.9M
Avg Position: $15.4M

Biggest Buyers

Institution	Net Bought	Current Position
Capital Research Global Investors RIA/Wealth	+$116.2M +2.1M shares	$137.4M 2.5M shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	+$57.1M +1.1M shares	$72.2M 1.3M shares
Brandywine Global Investment Management, LLC Long Only Manager	+$49.1M +906.0K shares	$49.1M 906.0K shares
L LSV ASSET MANAGEMENT Long Only Manager	+$44.0M +812.3K shares	$45.8M 845.5K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$36.4M +671.6K shares	$121.6M 2.2M shares
P Pacer Advisors, Inc. Institution	+$32.7M +604.4K shares	$33.0M 610.2K shares
B BRAIDWELL LP Hedge Fund•Multi-Strategy	+$28.6M +528.0K shares	$28.6M 528.0K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$27.9M +514.9K shares	$52.9M 976.5K shares
K Krensavage Asset Management, LLC Hedge Fund•Long/Short	+$22.0M +405.5K shares	$22.0M 405.5K shares
BARCLAYS PLC Institution	+$21.9M +403.5K shares	$46.3M 854.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	−$214.8M −4.0M shares	$450.7M 8.3M shares
B BlackRock, Inc. Institution	−$105.9M −2.0M shares	$1.2B 22.0M shares
MORGAN STANLEY RIA/Wealth	−$56.8M −1.0M shares	$74.8M 1.4M shares
AMERIPRISE FINANCIAL INC Institution	−$50.5M −932.5K shares	$66.5M 1.2M shares
D D. E. Shaw & Co., Inc. Institution	−$45.5M −840.2K shares	$14.9M 275.2K shares
A Assenagon Asset Management S.A. Institution	−$37.7M −695.3K shares	$18.6M 344.1K shares
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	−$29.4M −542.9K shares	$824.8M 15.2M shares
DODGE & COX Long Only Manager	−$22.8M −421.5K shares	$795.4M 14.7M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$22.8M −421.3K shares	$32.6M 601.0K shares
VANGUARD GROUP INC Institution	−$22.8M −421.2K shares	$1.0B 18.6M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BMRN in Q3 2025

New Positions: 23
New Value: $79.2M
Exited Positions: 72
Exited Value: $99.2M

New Positions

Institution	Position Value
Brandywine Global Investment Management, LLC Long Only Manager	$49.1M 906.0K shares
K Krensavage Asset Management, LLC Hedge Fund•Long/Short	$22.0M 405.5K shares
M Mubadala Investment Co PJSC Institution	$2.5M 45.7K shares
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	$1.1M 21.0K shares
F Financiere des Professionnels - Fonds d,investissement inc. Institution	$1.0M 19.3K shares
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	$581.4K 10.7K shares
Aubrey Capital Management Ltd Long Only Manager	$545.8K 10.1K shares
Caerus Investment Advisors, LLC Venture Capital	$539.3K 10.0K shares
WOODSTOCK CORP RIA/Wealth	$442.8K 8.2K shares
1 111 Capital Institution	$343.2K 6.3K shares

Exited Positions

Institution	Previous Position
A AXA Institution	$19.8M 360.3K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$16.4M 299.2K shares
Partner Fund Management, L.P. Hedge Fund•Sector	$9.8M 178.3K shares
C Clearline Capital LP Hedge Fund•Event Driven	$7.5M 136.1K shares
Marshall Wace LLP Institution	$4.6M 83.9K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$4.4M 80.7K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$3.6M 65.4K shares
AIGEN INVESTMENT MANAGEMENT, LP Hedge Fund•Long/Short	$3.4M 62.5K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$3.2M 57.8K shares
EULAV Asset Management Long Only Manager	$2.1M 38.0K shares

Options Activity

Institutions with the largest Call and Put options positions in BMRN as of Q3 2025

Call Positions: 22
Call Value: $83.3M
Put Positions: 18
Put Value: $54.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$34.0M 6.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.5M 2.1K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.1M 1.1K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$5.2M 956.0 contracts
J JANE STREET GROUP, LLC Institution	$4.6M 842.0 contracts
W WOLVERINE TRADING, LLC Institution	$4.4M 809.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$2.8M 520.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.6M 489.0 contracts
P PEAK6 LLC Institution	$2.5M 464.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$1.9M 351.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$30.2M 5.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.2M 968.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.5M 655.0 contracts
D D. E. Shaw & Co., Inc. Institution	$3.2M 600.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.9M 527.0 contracts
J JANE STREET GROUP, LLC Institution	$1.9M 344.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$1.8M 341.0 contracts
N NOMURA HOLDINGS INC Institution	$1.6M 300.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.5M 271.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$779.9K 144.0 contracts

Most Committed Institutions

Institutions with BMRN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Krensavage Asset Management, LLC Hedge Fund•Long/Short	Michael Paul Krensavage CEO	10.99% $22.0M	0.21% 405.5K shares	Q3 2025 Held for 2 months	$199.9M
DIADEMA PARTNERS LP Hedge Fund•Long/Short	Timothy Beau Bassett CIO	8.05% $11.5M	0.11% 212.9K shares	Q1 2025 Held for 8 months	$143.3M
P Palo Alto Investors, LLC Hedge Fund•Long/Short	Angela Elizabeth Nguyen-Dinh CCO	7.56% $40.8M	0.39% 754.0K shares	≤ Q2 2013 Held for 12y 5m+	$540.4M
BOONE CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Daniel Walter Boone President	5.83% $17.8M	0.17% 328.5K shares	Q1 2025 Held for 8 months	$305.0M
E Eagle Health Investments LP Hedge Fund•Long/Short	Gary Johnathan Stern Founder	5.22% $19.9M	0.19% 366.8K shares	Q2 2024 Held for 1y 5m	$380.9M
Sio Capital Management, LLC Hedge Fund•Long/Short	Judah Zvi Drillick CEO	3.09% $12.2M	0.12% 225.1K shares	Q1 2025 Held for 8 months	$395.2M
Soleus Capital Management, L.P. Hedge Fund•Long/Short	Guy Bezalel Levy CIO	2.63% $48.2M	0.46% 890.3K shares	Q4 2024 Held for 11 months	$1.8B
S SECTOR GAMMA AS Institution	-	2.36% $9.5M	0.09% 175.9K shares	Q1 2021 Held for 4y 8m	$403.3M
N Novo A/S Institution	-	2.35% $35.7M	0.34% 660.0K shares	Q2 2022 Held for 3y 5m	$1.5B
Vestal Point Capital, LP Hedge Fund•Long/Short	Ryan Christopher Wilder CIO	2.28% $45.0M	0.43% 830.0K shares	Q1 2024 Held for 1y 8m	$2.0B

Hedge Fund Spotlight

Discover hedge funds investing in BMRN

Qtron Investments LLC

Hedge Fund • Quant

Portfolio ManagerDmitri Nmn Kantsyrev

Portfolio Value: $806.3M
Positions: 406
Last Reported: Q3 2025

Sector Allocation

Position in BioMarin Pharmaceuticals

Market Value: $770.9K
Shares Held: 14.2K
Portfolio Weight: 0.10%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$54.0M	6.70%
2 Apple AAPL	Consumer Electronics Technology	$43.8M	5.43%
3 Microsoft MSFT	Software - Infrastructure Technology	$43.0M	5.33%