BIO RAD LABS INC BIO
CL A · Common Stock · CUSIP 090572207 · ISIN US0905722072
American life science research firm
- SectorTechnology
- IndustryLaboratory Analytical Instruments
- HeadquartersHercules, CA
- Founded1952
- Websitebio-rad.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($17.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $322.79. Options: 12 managers hold calls ($47.3m notional), 9 hold puts ($28.5m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 486 |
| Q4 2022 | 473 |
| Q1 2023 | 509 |
| Q2 2023 | 471 |
| Q3 2023 | 472 |
| Q4 2023 | 488 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 256 | 193 |
| Q1 2023 | 271 | 196 |
| Q2 2023 | 201 | 280 |
| Q3 2023 | 199 | 236 |
| Q4 2023 | 230 | 235 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $40.2m | $57.4m | 1.43 |
| Q2 2023 | $28.9m | $53.7m | 1.86 |
| Q3 2023 | $24.6m | $26.4m | 1.07 |
| Q4 2023 | $47.3m | $28.5m | 0.60 |
Biggest buyers
| MORGAN STANLEY | Added | +286.3k |
| Parsifal Capital Management, LP | New | +191.6k |
| Qube Research & Technologies Ltd | Added | +169.0k |
| Sachem Head Capital Management LP | New | +156.7k |
| Select Equity Group, L.P. | Added | +134.8k |
| GOLDMAN SACHS GROUP INC | Added | +118.3k |
| Invesco Ltd. | Added | +114.3k |
| Amundi | Added | +111.7k |
| Squarepoint Ops LLC | Added | +98.1k |
| QVIDTVM Management LLC | Added | +55.9k |
Biggest sellers
| BROWN ADVISORY INC | Reduced | -940.2k |
| HAWK RIDGE CAPITAL MANAGEMENT LP | Sold out | -214.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -153.4k |
| MARSHALL WACE, LLP | Reduced | -119.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -115.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -108.8k |
| FIRST MANHATTAN CO. LLC. | Reduced | -72.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -71.3k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -68.3k |
| CRAMER ROSENTHAL MCGLYNN LLC | Sold out | -64.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.7m61.0k shares |
| CITADEL ADVISORS LLC | Added | $8.8m27.3k shares |
| Arvin Capital Management LP | First filing | $6.5m20.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | $3.2m10.0k shares |
| Cubist Systematic Strategies, LLC | New | $2.8m8.7k shares |
| Schonfeld Strategic Advisors LLC | New | $1.6m5.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.4m4.2k shares |
| TWO SIGMA SECURITIES, LLC | New | $1.0m3.1k shares |
| Walleye Trading LLC | New | $968.7k3.0k shares |
| JANE STREET GROUP, LLC | New | $742.6k2.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.5m38.6k shares |
| CITADEL ADVISORS LLC | Reduced | $6.3m19.6k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $3.2m10.0k shares |
| Cubist Systematic Strategies, LLC | New | $3.0m9.4k shares |
| JANE STREET GROUP, LLC | Added | $1.4m4.3k shares |
| Walleye Trading LLC | New | $1.0m3.1k shares |
| Walleye Capital LLC | New | $774.9k2.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $322.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
SCHWARTZ NORMAN D
13D · may seek influence
+82.6 pts · filed 2025-10-30
Stated purposeItem 4 to the Schedule 13D is hereby amended, in pertinent part, as follows: The purpose of the Shareholders' ownership of Bio-Rad shares has been control of the Company. The Shareholders control the management of the Company and may be deemed to be "parents" of the Company as that term is defined in the Rules and Regulations of the Commission. Full filing |
97.2% |
SCHWARTZ ALICE N
13D · may seek influence
filed 2025-07-18
Stated purposeItem 4 to the Schedule 13D is hereby amended, in pertinent part, as follows: The purposes of the transactions on December 10, 2018, December 3, 2019, December 7, 2020, November 9, 2021, November 7, 2022, December 5, 2023 and August 26, 2024 for Alice N. Schwartz and for the Alice N. Schwartz Revocable Trust set forth in Item 5 were estate planning. The purpose of the Shareholders' ownership of Bio-Rad shares has been control of the Company. Mrs. Schwartz, along with other members of her family, control the management of the Company and may be deemed to be a "parent" of the Company as that term is defined in the Rules and Regulations of the Commission. Full filing |
12.3% |
| First Eagle Investment Management, LLC 13G · institution +1.4 pts · filed 2025-08-06 | 11.4% |
| BlackRock, Inc. 13G · institution filed 2025-10-17 | 7.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $278.2k | — |
| Q4 2022 | 0 | — | 1 | $160.1k | — |
| Q1 2023 | 0 | — | 1 | $849.3k | — |
| Q2 2023 | 0 | — | 2 | $262.7k | — |
| Q3 2023 | 0 | — | 1 | $1.0m | — |
| Q4 2023 | 0 | — | 2 | $554.9k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-12 | WRIGHT DARA EVP, President, CDG | Sold | $359.0k1.2k shares |
| 2023-11-28 | Crowley Michael EVP, GBL Commercial Operations | Sold | $195.9k642 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 2.4m $771.7m | Added +46.1k |
| BlackRock Inc. 0.01% of their portfolio | 1.5m $473.4m | Added +29.6k |
| Veritas Asset Management LLP 2.52% of their portfolio | 1.1m $349.7m | Reduced -30.6k |
| STATE STREET CORP 0.01% of their portfolio | 874.9k $282.5m | Added +15.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 503.2k $162.5m | Reduced -71.3k |
| MORGAN STANLEY 0.01% of their portfolio | 500.1k $161.5m | Added +286.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 460.1k $148.1m | Added +8.0k |
| Invesco Ltd. 0.04% of their portfolio | 457.7k $147.8m | Added +114.3k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 441.7k $142.6m | Added +6.9k |
| EARNEST PARTNERS LLC 0.63% of their portfolio | 393.6k $127.1m | Added +42.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 387.8k $125.2m | Reduced -108.8k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 4.52% of their portfolio | 364.1k $117.6m | Added +38.0k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.82% of their portfolio | 348.5k $112.5m | Added +35.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 322.3k $104.1m | Reduced -1.4k |
| Hound Partners, LLC 26.33% of their portfolio | 261.7k $84.5m | Added +47.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 252.4k $81.5m | Reduced -9.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.47% of their portfolio | 247.2k $79.8m | Reduced -115.1k |
| PARNASSUS INVESTMENTS, LLC 0.17% of their portfolio | 237.8k $76.8m | Added +17.0k |
| NORGES BANK 0.01% of their portfolio | 226.5k $73.1m | Reduced -735 |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 223.2k $72.1m | Reduced -153.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 219.6k $70.9m | Reduced -402 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 214.2k $69.2m | Added +10.0k |
| Amundi 0.03% of their portfolio | 194.6k $61.9m | Added +111.7k |
| Select Equity Group, L.P. 0.23% of their portfolio | 192.4k $62.1m | Added +134.8k |
| Parsifal Capital Management, LP 4.25% of their portfolio | 191.6k $61.9m | New |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 169.9k $54.9m | Added +169.0k |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 166.1k $53.6m | Added +17.3k |
| SEI INVESTMENTS CO 0.08% of their portfolio | 157.3k $50.8m | Added +15.1k |
| Sachem Head Capital Management LP 2.56% of their portfolio | 156.7k $50.6m | New |
| Artisan Partners Limited Partnership 0.08% of their portfolio | 151.7k $49.0m | Added +41.9k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.90% of their portfolio | 151.6k $48.9m | Reduced -22.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 144.3k $46.6m | Added +118.3k |
| Bellevue Group AG 0.70% of their portfolio | 141.1k $45.6m | Added +6.8k |
| Squarepoint Ops LLC 0.18% of their portfolio | 139.1k $44.9m | Added +98.1k |
| GW&K Investment Management, LLC 0.41% of their portfolio | 137.8k $44.5m | Reduced -6.9k |
| FMR LLC 0.00% of their portfolio | 137.7k $44.5m | Added +5.0k |
| Nitorum Capital, L.P. 4.66% of their portfolio | 134.9k $43.6m | Reduced -17.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 133.9k $43.2m | Reduced -6.4k |
| QVIDTVM Management LLC 34.00% of their portfolio | 125.0k $40.4m | Added +55.9k |
| Mawer Investment Management Ltd. 0.20% of their portfolio | 123.9k $40.0m | Reduced -39.0k |
| Legal & General Group Plc 0.01% of their portfolio | 121.7k $39.3m | Reduced -8.7k |
| Tikvah Management LLC 13.09% of their portfolio | 118.1k $38.1m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 102.0k $32.9m | Reduced -68.3k |
| Candriam S.C.A. 0.22% of their portfolio | 99.3k $32.1m | Added +26.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.14% of their portfolio | 99.1k $32.0m | Added +16.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 92.7k $29.9m | Added +54.8k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 92.3k $29.8m | Added +28.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 88.2k $28.5m | Reduced -3.0k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 80.7k $26.0m | Reduced -14.2k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 79.5k $25.7m | Added +17.8k |
| ANCHOR CAPITAL ADVISORS LLC 0.65% of their portfolio | 76.7k $24.8m | Reduced -20.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 73.6k $23.8m | Added +55.4k |
| Hosking Partners LLP 0.94% of their portfolio | 69.2k $22.4m | Reduced -5.0k |
| Swiss National Bank 0.02% of their portfolio | 67.6k $21.8m | Reduced -3.4k |
| BARCLAYS PLC 0.01% of their portfolio | 62.0k $20.0m | Added +16.7k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 59.4k $19.2m | Added +47.2k |
| TWINBEECH CAPITAL LP 0.30% of their portfolio | 57.5k $18.6m | Added +44.4k |
| Portolan Capital Management, LLC 1.62% of their portfolio | 57.3k $18.5m | Added +14.8k |
| Polar Capital Holdings Plc 0.10% of their portfolio | 52.7k $17.0m | Added +11.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 51.6k $16.6m | Reduced -2.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 1.39% of their portfolio | 49.5k $16.0m | Added +8.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 43.8k $14.2m | Reduced -2.1k |
| CIBC Private Wealth Group LLC 0.03% of their portfolio | 43.3k $14.0m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 40.9k $13.2m | Reduced -487 |
| Man Group plc 0.04% of their portfolio | 40.7k $13.2m | New |
| Point72 Europe (London) LLP 1.60% of their portfolio | 39.4k $12.7m | New |
| COMERICA BANK 0.06% of their portfolio | 39.0k $12.6m | Added +8.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 37.5k $12.1m | Added +810 |
| Gotham Asset Management, LLC 0.22% of their portfolio | 37.4k $12.1m | Added +14.7k |
| Soditic Asset Management LLP 8.71% of their portfolio | 37.1k $12.0m | Reduced -556 |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.23% of their portfolio | 36.6k $11.8m | Reduced -4.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 36.5k $11.8m | Added +8.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 35.9k $11.6m | Reduced -5.1k |
| NFJ INVESTMENT GROUP, LLC 0.32% of their portfolio | 35.8k $11.6m | Added +5.0k |
| GABELLI FUNDS LLC 0.09% of their portfolio | 35.8k $11.6m | Unchanged |
| BOONE CAPITAL MANAGEMENT LLC 2.69% of their portfolio | 35.7k $11.5m | New |
| UBS Group AG 0.00% of their portfolio | 35.5k $11.5m | Reduced -4.4k |
| LBP AM SA 0.24% of their portfolio | 33.1k $10.7m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 33.0k $10.7m | Reduced -1.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 32.6k $10.5m | Reduced -47.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 32.5k $10.6m | Added +4.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 32.3k $10.4m | Reduced -836 |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 32.1k $10.4m | Added +2.8k |
| Engineers Gate Manager LP 0.29% of their portfolio | 31.7k $10.2m | Added +26.5k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 31.4k $10.1m | Reduced -16.5k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.09% of their portfolio | 30.0k $9.7m | Reduced -1.3k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 29.1k $9.4m | Added +7.4k |
| Twin Tree Management, LP 0.17% of their portfolio | 28.4k $9.2m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 27.0k $8.7m | Reduced -595 |
| GAMCO INVESTORS, INC. ET AL 0.09% of their portfolio | 27.0k $8.7m | Reduced -200 |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 26.9k $8.7m | Added +12.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 26.7k $8.6m | Reduced -8.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 25.0k $8.1m | Added +1.2k |
| LPL Financial LLC 0.00% of their portfolio | 24.9k $8.0m | Reduced -7.4k |
| Aquatic Capital Management LLC 0.20% of their portfolio | 24.8k $8.0m | Added +10.0k |
| Quadrature Capital Ltd 0.14% of their portfolio | 23.8k $7.7m | Added +11.1k |
| Parkwood LLC 1.22% of their portfolio | 23.6k $7.6m | New |
| SECTOR GAMMA AS 1.85% of their portfolio | 23.6k $7.6m | New |
| Point72 Hong Kong Ltd 0.45% of their portfolio | 22.5k $7.3m | New |
| WINSLOW ASSET MANAGEMENT INC 1.45% of their portfolio | 22.1k $7.1m | Added +613 |