RECURSION PHARMACEUTICALS IN RXRX
CL A · Common Stock · CUSIP 75629V104 · ISIN US75629V1044
American pharmaceutical company
- SectorHealth care
- IndustryBiological Products, (No Diagnostic Substances)
- HeadquartersSalt Lake City, UT
- Founded2013
- Websiterecursion.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 ($28.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.09. Options: 14 managers hold calls ($46.1m notional), 9 hold puts ($29.5m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 146 |
| Q4 2022 | 144 |
| Q1 2023 | 160 |
| Q2 2023 | 159 |
| Q3 2023 | 193 |
| Q4 2023 | 200 |
| Q1 2024 | 249 |
| Q2 2024 | 271 |
| Q3 2024 | 269 |
| Q4 2024 | 317 |
| Q1 2025 | 339 |
| Q2 2025 | 335 |
| Q3 2025 | 322 |
| Q4 2025 | 335 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 155 | 71 |
| Q2 2024 | 178 | 94 |
| Q3 2024 | 155 | 96 |
| Q4 2024 | 183 | 96 |
| Q1 2025 | 202 | 112 |
| Q2 2025 | 168 | 151 |
| Q3 2025 | 176 | 127 |
| Q4 2025 | 178 | 135 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $28.2m | $21.7m | 0.77 |
| Q2 2025 | $63.0m | $41.0m | 0.65 |
| Q3 2025 | $58.4m | $30.7m | 0.53 |
| Q4 2025 | $46.1m | $29.5m | 0.64 |
Biggest buyers
| VANGUARD GROUP INC | Added | +7.4m |
| BlackRock, Inc. | Added | +7.1m |
| STATE STREET CORP | Added | +7.1m |
| ARK Investment Management LLC | Added | +3.8m |
| CITADEL ADVISORS LLC | Added | +2.9m |
| HSBC HOLDINGS PLC | Added | +1.5m |
| MILLENNIUM MANAGEMENT LLC | New | +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.3m |
| CAPITAL FUND MANAGEMENT S.A. | Added | +1.1m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +971.1k |
Biggest sellers
| Mubadala Investment Co PJSC | Sold out | -13.0m |
| NOVO HOLDINGS A/S | Sold out | -7.9m |
| NVIDIA CORP | Sold out | -7.7m |
| Lingotto Investment Management LLP | Reduced | -2.4m |
| MORGAN STANLEY | Reduced | -1.6m |
| Bank Pictet & Cie (Europe) AG | Sold out | -1.6m |
| Amova Asset Management Americas, Inc. | Reduced | -1.2m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -1.2m |
| SOFTBANK GROUP CORP. | Reduced | -1.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -993.1k |
Biggest calls
| PEAK6 LLC | Added | $13.3m3.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.0m2.2m shares |
| CITADEL ADVISORS LLC | Added | $8.1m2.0m shares |
| GROUP ONE TRADING LLC | Added | $8.1m2.0m shares |
| DIADEMA PARTNERS LP | Added | $3.0m741.9k shares |
| JANE STREET GROUP, LLC | Added | $2.9m701.3k shares |
| IMC-Chicago, LLC | Reduced | $845.4k206.7k shares |
| Sender Co & Partners, Inc. | New | $352.6k86.2k shares |
| UBS Group AG | Reduced | $176.5k43.2k shares |
| Caption Management, LLC | Reduced | $163.6k40.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.1m2.5m shares |
| CITADEL ADVISORS LLC | Added | $8.0m2.0m shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $3.6m8.7k shares |
| JANE STREET GROUP, LLC | Added | $2.6m628.4k shares |
| Verition Fund Management LLC | Reduced | $1.7m405.7k shares |
| Sculptor Capital LP | Unchanged | $1.6m386.0k shares |
| GROUP ONE TRADING LLC | Added | $1.4m336.4k shares |
| IMC-Chicago, LLC | Reduced | $561.1k137.2k shares |
| CITIGROUP INC | New | $122.7k30.0k 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 |
|---|---|
| BlackRock, Inc. 13G · institution +1.3 pts · filed 2026-07-29 | 8.5% |
| ARK Investment Management LLC 13G · institution -1.2 pts · filed 2026-02-03 | 7.2% |
| STATE STREET CORP 13G · institution +1.1 pts · filed 2026-08-07 | 6.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 6.0% |
| Kim Yohan 13G · passive investor new · filed 2025-04-04 | 5.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), BAILLIE GIFFORD & CO (4.6%, 2026-02-05), Mubadala Investment Co PJSC (1.4%, 2025-12-23)
Insider purchases and sales in Q4 2025
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 2024 | 0 | — | 6 | $6.1m | $4.4m |
| Q2 2024 | 0 | — | 4 | $3.5m | $3.5m |
| Q3 2024 | 0 | — | 4 | $2.6m | $2.6m |
| Q4 2024 | 0 | — | 4 | $1.6m | $1.6m |
| Q1 2025 | 0 | — | 1 | $1.7m | $1.7m |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $4.9m | $4.7m |
| Q4 2025 | 0 | — | 4 | $3.5m | $3.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-29 | Taylor Ben R Chief Financial Officer | Sold plan | $89.4k21.4k shares |
| 2025-12-22 | Khan Najat Chief R&D Commercial Officer, director | Sold plan | $548.6k124.4k shares |
| 2025-12-19 | Gibson Christopher Chief Executive Officer, director | Sold plan | $180.0k40.0k shares |
| 2025-12-04 | Gibson Christopher Chief Executive Officer, director | Sold plan | $185.2k40.0k shares |
| 2025-12-02 | Borgeson Blake Director | Sold plan | $961.4k220.0k shares |
| 2025-11-19 | Gibson Christopher Chief Executive Officer, director | Sold plan | $166.4k40.0k shares |
| 2025-11-04 | Gibson Christopher Chief Executive Officer, director | Sold plan | $208.4k40.0k shares |
| 2025-10-23 | Gibson Christopher Chief Executive Officer, director | Sold plan | $570.0k100.0k shares |
| 2025-10-10 | Gibson Christopher Chief Executive Officer, director | Sold plan | $604.0k100.0k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 47.2m $193.0m | Added +7.4m |
| BlackRock, Inc. 0.00% of their portfolio | 38.9m $159.0m | Added +7.1m |
| ARK Investment Management LLC 1.01% of their portfolio | 37.3m $152.6m | Added +3.8m |
| STATE STREET CORP 0.00% of their portfolio | 25.3m $103.6m | Added +7.1m |
| BAILLIE GIFFORD & CO 0.08% of their portfolio | 23.8m $97.2m | Reduced -203.7k |
| SOFTBANK GROUP CORP. 0.36% of their portfolio | 13.6m $55.8m | Reduced -1.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 10.9m $44.7m | Added +1.3m |
| MIC Capital Management UK LLP 8.94% of their portfolio | 9.6m $39.4m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 6.2m $25.4m | Reduced -1.2m |
| Amova Asset Management Americas, Inc. 0.29% of their portfolio | 6.2m $25.4m | Reduced -1.2m |
| Data Collective IV GP, LLC 41.53% of their portfolio | 5.9m $24.3m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 5.7m $23.5m | Not comparable |
| MORGAN STANLEY 0.00% of their portfolio | 5.7m $23.1m | Reduced -1.6m |
| Lingotto Investment Management LLP 0.36% of their portfolio | 4.9m $20.2m | Reduced -2.4m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 4.4m $18.0m | Reduced -993.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 4.2m $17.3m | Added +2.9m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 4.1m $16.7m | Reduced -121.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 4.0m $16.3m | Added +549.6k |
| DCVC Opportunity Fund II GP, LLC 97.42% of their portfolio | 4.0m $16.2m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3.7m $15.1m | Reduced -61.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 3.4m $14.1m | Added +102.7k |
| FMR LLC 0.00% of their portfolio | 3.2m $13.3m | Added +13.0k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 3.1m $12.6m | Added +624.3k |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.68% of their portfolio | 2.4m $9.8m | Added +629.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 2.3m $9.3m | Added +469.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.2m $9.0m | Added +939.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1m $8.6m | Added +888.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio | 1.8m $7.3m | Added +1.1m |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 1.6m $6.7m | Added +1.5m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.5m $6.1m | New |
| BARCLAYS PLC 0.00% of their portfolio | 1.5m $6.0m | Reduced -81.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3m $5.2m | Added +439.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.2m $4.7m | Added +359.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.1m $4.6m | Reduced -238.1k |
| Nuveen, LLC 0.00% of their portfolio | 1.1m $4.4m | Reduced -191.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.1m $4.4m | Added +971.1k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 968.8k $4.0m | Added +218.6k |
| Comprehensive Financial Management LLC 0.12% of their portfolio | 941.9k $3.9m | Unchanged |
| Squarepoint Ops LLC 0.01% of their portfolio | 887.0k $3.6m | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 875.6k $3.6m | Added +870.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 799.1k $3.3m | Added +796.1k |
| Swiss National Bank 0.00% of their portfolio | 720.3k $2.9m | Added +99.7k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 668.2k $2.7m | Added +105.7k |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 664.5k $2.7m | New |
| Jump Financial, LLC 0.03% of their portfolio | 661.6k $2.7m | Added +106.6k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 654.2k $2.7m | New |
| Vestmark Advisory Solutions, Inc. 0.03% of their portfolio | 604.8k $2.5m | Reduced -16.3k |
| Pivotal bioVenture Partners Investment Advisor LLC 0.94% of their portfolio | 595.5k $2.4m | Unchanged |
| Nan Fung Group Holdings Ltd 2.18% of their portfolio | 595.3k $2.4m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 590.1k $2.4m | Added +147.4k |
| Invesco Ltd. 0.00% of their portfolio | 526.1k $2.2m | Added +108.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 507.2k $2.1m | Reduced -13.6k |
| LPL Financial LLC 0.00% of their portfolio | 433.1k $1.8m | Added +34.1k |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 425.0k $1.7m | Added +200.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 420.0k $1.7m | Reduced -75.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 415.4k $1.7m | Added +96.5k |
| Verition Fund Management LLC 0.01% of their portfolio | 412.7k $1.7m | Added +358.2k |
| Carroll Investors, Inc 0.79% of their portfolio | 404.9k $1.7m | Added +8.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 396.3k $1.6m | Added +187.5k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 391.8k $1.6m | Added +186.6k |
| Sculptor Capital LP 0.02% of their portfolio | 386.0k $1.6m | Added +349.8k |
| Legal & General Group Plc 0.00% of their portfolio | 364.7k $1.5m | Added +11.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 361.4k $1.5m | Reduced -508 |
| PROFUND ADVISORS LLC 0.04% of their portfolio | 356.7k $1.5m | Added +195.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 350.3k $1.4m | Added +18.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 313.9k $1.3m | Reduced -501.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 297.5k $1.2m | Added +27.9k |
| Shay Capital LLC 0.18% of their portfolio | 279.8k $1.1m | Added +231.5k |
| HRT FINANCIAL LP 0.00% of their portfolio | 256.6k $1.0m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 242.0k $989.6k | Reduced -74.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 232.4k $954.4k | Added +2.8k |
| Headlands Technologies LLC 0.08% of their portfolio | 231.5k $946.7k | Added +42.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 226.6k $926.8k | Added +148.3k |
| SBI Securities Co., Ltd. 0.02% of their portfolio | 223.9k $915.8k | Added +95.8k |
| ALLEN OPERATIONS LLC 0.11% of their portfolio | 217.7k $890.2k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 209.8k $858.1k | Reduced -5.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 204.9k $838.2k | Added +18.4k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 183.4k $750.3k | Added +57.5k |
| CITIGROUP INC 0.00% of their portfolio | 170.3k $696.5k | Added +103.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 167.9k $686.6k | Reduced -10.5k |
| Casdin Capital, LLC 0.04% of their portfolio | 165.3k $676.2k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 159.5k $652.6k | Added +45.9k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 159.0k $650.0k | Reduced -28.9k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 155.3k $635.3k | Reduced -3.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 152.6k $624.2k | Reduced -661 |
| Green Alpha Advisors, LLC 0.57% of their portfolio | 151.1k $617.9k | Reduced -61.1k |
| Raiffeisen Bank International AG 0.01% of their portfolio | 150.0k $616.5k | Added +10.0k |
| BENJAMIN EDWARDS INC 0.01% of their portfolio | 146.8k $600.3k | Added +3.6k |
| MARATHON CAPITAL MANAGEMENT 0.13% of their portfolio | 144.6k $591.4k | Added +4.6k |
| Quadrature Capital Ltd 0.01% of their portfolio | 142.7k $583.5k | Reduced -53.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 138.2k $564.6k | Unchanged |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 135.9k $555.9k | Reduced -1.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 129.0k $527.6k | Added +1.6k |
| VARCOV Co. 0.21% of their portfolio | 128.5k $525.7k | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 125.1k $511.6k | Reduced -596.5k |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 124.7k $509.9k | New |
| Leonteq Securities AG 0.03% of their portfolio | 124.6k $509.7k | Added +57.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 121.4k $496.7k | Reduced -53.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 117.0k $478.4k | Reduced -136.6k |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 116.4k $476.2k | Added +5.8k |