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Royalty Pharma

487 hedge funds and large institutions have $11.6B invested in Royalty Pharma in 2025 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 206 increasing their positions, 131 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

440% more call options, than puts

Call options by funds: $50.3M | Put options by funds: $9.31M

74% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 53

67% more funds holding in top 10

Funds holding in top 10: 610 (+4)

57% more repeat investments, than reductions

Existing positions increased: 206 | Existing positions reduced: 131

7% more funds holding

Funds holding: 455487 (+32)

5.29% less ownership

Funds ownership: 81.34%76.05% (-5.3%)

6% less capital invested

Capital invested by funds: $12.4B → $11.6B (-$760M)

Holders
487
Holders Change
+32
Holders Change %
+7.03%
% of All Funds
6.39%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.13%
New
92
Increased
206
Reduced
131
Closed
53
Calls
$50.3M
Puts
$9.31M
Net Calls
+$41M
Net Calls Change
-$22.7M
Name Holding Trade Value Shares
Change
Change in
Stake
RFS
401
Richardson Financial Services
Massachusetts
$53.8K +$55.2K +1,525 New
MPWT
402
MassMutual Private Wealth & Trust
Connecticut
$53.2K +$5.43K +150 +11%
LFG
403
Larson Financial Group
Missouri
$44.6K +$11.1K +306 +32%
TWD
404
True Wealth Design
Ohio
$38.5K +$8.4K +232 +27%
FC
405
Financial Consulate
Maryland
$35.3K +$36.2K +1,000 New
PWAM
406
Private Wealth Asset Management
Iowa
$32.2K
SAM
407
Smartleaf Asset Management
Massachusetts
$31.1K +$28.6K +790 +868%
HNB
408
Huntington National Bank
Ohio
$26.7K
ACA
409
American Capital Advisory
Idaho
$25.2K -$109 -3 -0.4%
AG
410
AmeriFlex Group
Nevada
$24K +$12.3K +340 +100%
CIBC Private Wealth Group
411
CIBC Private Wealth Group
Georgia
$23.7K +$22.9K +633 +1,623%
PFBT
412
Parkside Financial Bank & Trust
Missouri
$22.3K -$507 -14 -2%
ST
413
Smithfield Trust
Pennsylvania
$21K +$22.1K +610 New
MCM
414
Manchester Capital Management
Vermont
$19.3K -$724 -20 -4%
PTC
415
Private Trust Company
Ohio
$19.2K +$11.2K +308 +131%
SIC
416
SJS Investment Consulting
Ohio
$18.5K +$15.2K +419 +395%
TCM
417
TruNorth Capital Management
Michigan
$18K +$18.5K +510 New
QCG
418
Quadrant Capital Group
Ohio
$17.7K +$18.2K +502 New
HIM
419
Hillsdale Investment Management
Ontario, Canada
$15.9K -$854K -23,600 -98%
MCM
420
MAI Capital Management
Ohio
$15.5K +$1.7K +47 +12%
PSFG
421
Park Square Financial Group
Georgia
$15.3K +$15.7K +433 New
GXJ
422
Global X Japan
Japan
$15.1K -$5.25K -145 -25%
Bessemer Group
423
Bessemer Group
New Jersey
$13K +$12.7K +351 New
RTL
424
Red Tortoise LLC
Georgia
$11.2K
SL
425
Salomon & Ludwin
Virginia
$10.2K +$10.2K +283 New

RPRX Hedge Fund Activity: Q3 2025 in Review

487 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Royalty Pharma (RPRX) for Q3 2025, worth a combined $11.6B — down 6.2% from $12.4B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new RPRX positions and 53 closed out — a net gain of 39 holders — while 206 added to existing stakes and 131 trimmed.

The largest buyer was Adage Capital Partners, adding an estimated $216M. The largest seller was Vanguard Group, cutting an estimated $921M.

  • 487 institutional investors held Royalty Pharma (RPRX) as of Q3 2025, up from 455 in Q2 2025.
  • Funds reported $11.6B of Royalty Pharma stock for Q3 2025, down 6.2% quarter-over-quarter.
  • 92 funds opened new Royalty Pharma positions in Q3 2025 and 53 closed out, a net change of +39 holders.
  • The largest Royalty Pharma buyer in Q3 2025 was Adage Capital Partners, an estimated $216M added.
  • The largest Royalty Pharma seller in Q3 2025 was Vanguard Group, an estimated $921M sold.

Based on aggregated 13F filings for Q3 2025.