Bicara Therapeutics
BCAX
141 hedge funds and large institutions have $1.01B invested in Bicara Therapeutics in 2025 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 17 closing their positions.
165% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 17
29% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 35
28% more capital invested
Capital invested by funds: $789M → $1.01B (+$217M)
24% more funds holding
Funds holding: 114 → 141 (+27)
14.52% more ownership
Funds ownership: 92% → 106.52% (+15%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
100% less call options, than puts
Call options by funds: $7K | Put options by funds: $3.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$47.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$45.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$27.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$18.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VPC
Vestal Point Capital
New York
|
-$26M |
| 2 |
Blackstone Inc
New York
|
-$19.3M |
| 3 |
Millennium Management
New York
|
-$9.91M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$7.96M |
| 5 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
-$4.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Raymond James Financial
St Petersburg,
Florida
| – | -$1.07M | -67,701 | Closed |
|
|
ECM
152
ExodusPoint Capital Management
New York
| – | -$851K | -53,882 | Closed |
|
|
CCM
153
Cinctive Capital Management
New York
| – | -$661K | -41,849 | Closed |
|
154
Point72 Asset Management
Stamford,
Connecticut
| – | -$476K | -30,138 | Closed |
|
|
JG
155
Jain Global
New York
| – | -$413K | -26,179 | Closed |
|
|
CC
156
Caxton Corporation
Princeton,
New Jersey
| – | -$173K | -10,941 | Closed |
|
157
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$10.5K | -667 | Closed |
|
|
SS
158
SBI Securities
Tokyo,
Japan
| – | -$16 | -1 | Closed |
|
BCAX Hedge Fund Activity: Q4 2025 in Review
141 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Bicara Therapeutics (BCAX) for Q4 2025, worth a combined $1.01B — up 28% from $789M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BCAX positions and 17 closed out — a net gain of 28 holders — while 45 added to existing stakes and 35 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $47.3M. The largest seller was Vestal Point Capital, cutting an estimated $26M.
- 141 institutional investors held Bicara Therapeutics (BCAX) as of Q4 2025, up from 114 in Q3 2025.
- Funds reported $1.01B of Bicara Therapeutics stock for Q4 2025, up 28% quarter-over-quarter.
- 45 funds opened new Bicara Therapeutics positions in Q4 2025 and 17 closed out, a net change of +28 holders.
- The largest Bicara Therapeutics buyer in Q4 2025 was T. Rowe Price Investment Management, an estimated $47.3M added.
- The largest Bicara Therapeutics seller in Q4 2025 was Vestal Point Capital, an estimated $26M sold.
Based on aggregated 13F filings for Q4 2025.