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Moderna

643 hedge funds and large institutions have $7.12B invested in Moderna in 2025 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 200 increasing their positions, 230 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% less funds holding

Funds holding: 674643 (-31)

4.77% less ownership

Funds ownership: 75.49%70.71% (-4.8%)

12% less capital invested

Capital invested by funds: $8.06B → $7.12B (-$940M)

12% less call options, than puts

Call options by funds: $1.17B | Put options by funds: $1.33B

13% less repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 230

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

24% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 90

Holders
643
Holders Change
-31
Holders Change %
-4.6%
% of All Funds
8.44%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
68
Increased
200
Reduced
230
Closed
90
Calls
$1.17B
Puts
$1.33B
Net Calls
-$163M
Net Calls Change
+$31.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.06B -$14.6M -523,410 -1%
BlackRock
2
BlackRock
New York
$763M +$25.6M +916,447 +3%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$564M -$6.9M -247,458 -1%
State Street
4
State Street
Massachusetts
$442M -$4.52M -162,036 -0.9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$318M -$205M -7,341,167 -37%
Morgan Stanley
6
Morgan Stanley
New York
$257M +$51.8M +1,858,694 +23%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$238M +$10.4M +372,072 +4%
Invesco
8
Invesco
Georgia
$212M +$31.1M +1,115,131 +16%
TP
9
Theleme Partners
United Kingdom
$208M +$5.58M +200,000 +3%
Two Sigma Investments
10
Two Sigma Investments
New York
$194M +$15.9M +570,773 +8%
Two Sigma Advisers
11
Two Sigma Advisers
New York
$175M -$29.1M -1,042,800 -13%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$159M -$36.7M -1,317,181 -18%
UBS Group
13
UBS Group
Switzerland
$124M +$24M +859,315 +22%
FP
14
Flagship Pioneering
Massachusetts
$120M
Charles Schwab
15
Charles Schwab
California
$111M +$35.5M +1,272,315 +42%
Goldman Sachs
16
Goldman Sachs
New York
$82.1M -$6.23M -223,490 -7%
BPC
17
Banque Pictet & Cie
Switzerland
$80.9M -$62.8K -2,250 -0.1%
Northern Trust
18
Northern Trust
Illinois
$75M -$5.15M -184,772 -6%
Federated Hermes
19
Federated Hermes
Pennsylvania
$71.8M -$2.52M -90,270 -3%
National Bank of Canada
20
National Bank of Canada
Quebec, Canada
$69.9M +$58.9M +2,112,644 +357%
MC
21
Merck & Co
New Jersey
$59.6M
Citigroup
22
Citigroup
New York
$53.8M -$10.1M -361,604 -15%
Barclays
23
Barclays
United Kingdom
$52.1M -$4.78M -171,399 -8%
Citadel Advisors
24
Citadel Advisors
Florida
$51.3M +$4.27M +153,023 +8%
UBS AM
25
UBS AM
Illinois
$50.7M -$29.6M -1,062,259 -35%

MRNA Hedge Fund Activity: Q3 2025 in Review

643 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Moderna (MRNA) for Q3 2025, worth a combined $7.12B — down 12% from $8.06B a quarter earlier.

Sellers outnumbered buyers: 90 funds closed out of MRNA and 68 opened new positions — a net loss of 22 holders — while 230 trimmed existing stakes and 200 added.

The largest buyer was National Bank of Canada, adding an estimated $58.9M. The largest seller was Fidelity Investments, cutting an estimated $205M.

  • 643 institutional investors held Moderna (MRNA) as of Q3 2025, down from 674 in Q2 2025.
  • Funds reported $7.12B of Moderna stock for Q3 2025, down 12% quarter-over-quarter.
  • 68 funds opened new Moderna positions in Q3 2025 and 90 closed out, a net change of -22 holders.
  • The largest Moderna buyer in Q3 2025 was National Bank of Canada, an estimated $58.9M added.
  • The largest Moderna seller in Q3 2025 was Fidelity Investments, an estimated $205M sold.

Based on aggregated 13F filings for Q3 2025.