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 ($22.6m this quarter). Holder counts are more reliable. Shares outstanding: 535.3m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.67. Options: 16 managers hold calls ($30.7m notional), 10 hold puts ($17.8m).
Trends to Q2 2026
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 |
| Q1 2026 | 335 |
| Q2 2026 | 343 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 155 | 96 |
| Q4 2024 | 183 | 96 |
| Q1 2025 | 202 | 112 |
| Q2 2025 | 168 | 151 |
| Q3 2025 | 176 | 127 |
| Q4 2025 | 178 | 135 |
| Q1 2026 | 185 | 131 |
| Q2 2026 | 175 | 140 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $58.4m | $30.7m | 0.53 |
| Q4 2025 | $46.1m | $29.5m | 0.64 |
| Q1 2026 | $17.9m | $10.9m | 0.61 |
| Q2 2026 | $30.7m | $17.8m | 0.58 |
Biggest buyers
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +8.4m |
| BlackRock, Inc. | Added | +7.1m |
| STATE STREET CORP | Added | +6.2m |
| UBS Group AG | Added | +3.8m |
| MARSHALL WACE, LLP | Added | +1.8m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.5m |
| ARK Investment Management LLC | Added | +1.1m |
| Quadrature Capital Ltd | New | +987.8k |
| NORTHERN TRUST CORP | Added | +789.8k |
| NATIONAL BANK OF CANADA /FI/ | Added | +737.8k |
Biggest sellers
| Lingotto Investment Management LLP | Reduced | -3.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -3.3m |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -2.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.1m |
| CAPITAL FUND MANAGEMENT S.A. | Sold out | -1.9m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -933.1k |
| Mitsubishi UFJ Trust & Banking Corp | Sold out | -908.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -777.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -712.7k |
| FMR LLC | Reduced | -690.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.3m3.3m shares |
| CITADEL ADVISORS LLC | Added | $4.8m1.3m shares |
| GROUP ONE TRADING LLC | Added | $3.1m854.0k shares |
| JANE STREET GROUP, LLC | Reduced | $2.1m583.2k shares |
| IMC-Chicago, LLC | Added | $1.8m497.4k shares |
| TUDOR INVESTMENT CORP ET AL | New | $1.6m433.6k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m412.7k shares |
| HRT FINANCIAL LP | Added | $1.1m297.4k shares |
| Sender Co & Partners, Inc. | New | $991.6k270.2k shares |
| PEAK6 LLC | Added | $601.5k163.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.1m1.4m shares |
| CITADEL ADVISORS LLC | Added | $4.1m1.1m shares |
| NATIONAL BANK OF CANADA /FI/ | New | $2.7m7.4k shares |
| Verition Fund Management LLC | Added | $1.6m441.4k shares |
| GROUP ONE TRADING LLC | Added | $1.5m414.3k shares |
| JANE STREET GROUP, LLC | Reduced | $713.1k194.3k shares |
| IMC-Chicago, LLC | Added | $612.2k166.8k shares |
| HRT FINANCIAL LP | Added | $592.0k161.4k shares |
| SIMPLEX TRADING, LLC | Added | $587.2k160.0k shares |
| Daiwa Securities Group Inc. | Added | $252.9k68.9k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| 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 |
| Q1 2026 | 0 | — | 4 | $3.4m | $3.4m |
| Q2 2026 | 0 | — | 4 | $1.1m | $1.1m |
| Q3 2026 | 0 | — | 2 | $435.0k | $435.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-08 | Khan Najat CEO and President, director | Sold plan | $78.9k22.4k shares |
| 2026-09-01 | Borgeson Blake Director | Sold plan | $100.2k30.0k shares |
| 2026-08-04 | Borgeson Blake Director | Sold plan | $97.5k30.0k shares |
| 2026-07-07 | Borgeson Blake Director | Sold plan | $158.4k40.0k shares |
| 2026-06-18 | Bumpus Namandje Director | Sold plan | $12.6k4.0k shares |
| 2026-06-05 | Gibson Christopher Director | Sold plan | $144.8k40.0k shares |
| 2026-06-05 | Khan Najat CEO and President, director | Sold plan | $84.4k23.6k shares |
| 2026-06-03 | Bumpus Namandje Director | Sold plan | $15.5k4.4k shares |
| 2026-06-02 | Borgeson Blake Director | Sold plan | $110.4k30.0k shares |
| 2026-05-22 | Gibson Christopher Director | Sold plan | $123.2k40.0k shares |
| 2026-05-07 | Gibson Christopher Director | Sold plan | $134.8k40.0k shares |
| 2026-05-05 | Borgeson Blake Director | Sold plan | $105.6k30.0k shares |
| 2026-04-22 | Gibson Christopher Director | Sold plan | $144.4k40.0k shares |
| 2026-04-07 | Gibson Christopher Director | Sold plan | $124.0k40.0k shares |
| 2026-04-07 | Borgeson Blake Director | Sold plan | $93.0k30.0k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 50.3m $184.6m | Added +7.1m |
| ARK Investment Management LLC 0.98% of their portfolio | 41.3m $151.7m | Added +1.1m |
| STATE STREET CORP 0.00% of their portfolio | 34.7m $127.4m | Added +6.2m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 31.1m $114.3m | Added +8.4m |
| BAILLIE GIFFORD & CO 0.08% of their portfolio | 23.5m $86.2m | Reduced -187.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 22.8m $83.6m | Added +521.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 13.8m $50.7m | Added +1.5m |
| SOFTBANK GROUP CORP. 0.28% of their portfolio | 13.6m $50.0m | Unchanged |
| MIC Capital Management UK LLP 8.98% of their portfolio | 9.6m $35.4m | Added +1 |
| UBS Group AG 0.01% of their portfolio | 8.9m $32.8m | Added +3.8m |
| NORGES BANK 0.00% of their portfolio | 6.8m $25.1m | Not comparable |
| Data Collective IV GP, LLC 27.76% of their portfolio | 5.9m $21.8m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 5.5m $20.2m | Added +92.5k |
| Amova Asset Management Americas, Inc. 0.26% of their portfolio | 5.5m $20.2m | Added +92.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 4.8m $17.5m | Added +789.8k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 4.7m $17.3m | Added +1.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 4.1m $15.2m | Added +329.5k |
| DCVC Opportunity Fund II GP, LLC 84.30% of their portfolio | 4.0m $14.5m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.9m $14.4m | Reduced -2.1m |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 3.5m $12.7m | Reduced -44.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 3.4m $12.3m | Reduced -712.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 3.3m $12.1m | Reduced -933.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 3.0m $11.2m | Added +431.1k |
| MORGAN STANLEY 0.00% of their portfolio | 2.7m $10.1m | Added +558.2k |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.61% of their portfolio | 2.6m $9.6m | Added +46.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.6m $9.5m | Added +100.6k |
| Lingotto Investment Management LLP 0.17% of their portfolio | 2.2m $8.1m | Reduced -3.7m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.8m $6.7m | Reduced -777.5k |
| Nuveen, LLC 0.00% of their portfolio | 1.7m $6.3m | Added +556.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.6m $6.0m | Added +176.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $4.3m | Reduced -184.0k |
| Jump Financial, LLC 0.03% of their portfolio | 1.0m $3.7m | Added +129.2k |
| Quadrature Capital Ltd 0.03% of their portfolio | 987.8k $3.6m | New |
| Swiss National Bank 0.00% of their portfolio | 942.6k $3.5m | Added +65.6k |
| Comprehensive Financial Management LLC 0.11% of their portfolio | 941.9k $3.5m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 881.5k $3.2m | Added +104.5k |
| CITIGROUP INC 0.00% of their portfolio | 864.4k $3.2m | Added +681.8k |
| Invesco Ltd. 0.00% of their portfolio | 795.7k $2.9m | Added +104.5k |
| GROUP ONE TRADING LLC 0.08% of their portfolio | 783.0k $2.9m | Reduced -118.1k |
| Man Group plc 0.01% of their portfolio | 765.8k $2.8m | Reduced -433.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 760.1k $2.8m | Reduced -3.3m |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 739.6k $2.7m | Added +737.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 720.1k $2.6m | Added +159.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 712.8k $2.6m | Reduced -78.2k |
| Vestmark Advisory Solutions, Inc. 0.02% of their portfolio | 708.9k $2.6m | Reduced -18.1k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 692.4k $2.5m | Added +291.6k |
| DNB Asset Management AS 0.01% of their portfolio | 685.9k $2.5m | Added +655.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 651.2k $2.4m | Added +47.5k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 613.6k $2.3m | Reduced -277.0k |
| Pivotal bioVenture Partners Investment Advisor LLC 0.71% of their portfolio | 595.5k $2.2m | Unchanged |
| Nan Fung Group Holdings Ltd 1.66% of their portfolio | 595.3k $2.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 560.2k $2.1m | Reduced -14.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 542.3k $2.0m | Added +165.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 510.9k $1.9m | Added +274.0k |
| Carroll Investors, Inc 0.78% of their portfolio | 500.3k $1.8m | Reduced -9.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 472.3k $1.4m | Added +14.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 446.9k $1.6m | Added +34.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 441.9k $1.6m | Added +47.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 439.7k $1.6m | Added +18.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 422.1k $1.5m | Added +177.7k |
| LPL Financial LLC 0.00% of their portfolio | 417.5k $1.5m | Added +6.1k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 416.9k $1.5m | Added +332.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 406.8k $1.5m | Added +96.3k |
| Headlands Technologies LLC 0.15% of their portfolio | 387.7k $1.4m | Reduced -40.1k |
| Legal & General Group Plc 0.00% of their portfolio | 356.7k $1.3m | Added +14.2k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 353.7k $1.3m | Added +186.6k |
| PROFUND ADVISORS LLC 0.03% of their portfolio | 309.1k $1.1m | Reduced -87.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 300.6k $1.1m | Added +49.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 291.9k $1.1m | Reduced -29.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 273.7k $1.0m | Reduced -61.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 266.9k $979.5k | Added +52.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 257.7k $945.6k | Added +30.0k |
| SG Americas Securities, LLC 0.00% of their portfolio | 257.6k $945.0k | Added +105.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 253.8k $931.4k | Added +33.8k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 248.8k $913.0k | Reduced -98.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 246.6k $904.9k | Reduced -1.4k |
| XTX Topco Ltd 0.01% of their portfolio | 245.6k $901.4k | Added +231.3k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 245.1k $899.3k | Reduced -1.7k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 223.2k $819.3k | Reduced -373.6k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 222.4k $816.1k | Added +175.9k |
| Jupiter Topco LLC 0.00% of their portfolio | 220.3k $809.6k | First filing |
| PEAK6 LLC 0.02% of their portfolio | 220.0k $807.4k | New |
| ALLEN OPERATIONS LLC 0.11% of their portfolio | 217.7k $798.8k | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 209.0k $767.2k | Added +171.1k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 207.9k $763.0k | Added +99.0k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 206.8k $758.8k | Reduced -40 |
| SBI Securities Co., Ltd. 0.02% of their portfolio | 204.3k $749.9k | Reduced -38.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 201.0k $737.8k | Reduced -29.1k |
| Soviero Asset Management, LP 0.36% of their portfolio | 200.0k $734.0k | New |
| WINTON GROUP Ltd 0.02% of their portfolio | 192.8k $707.6k | Added +88.7k |
| 180 WEALTH ADVISORS, LLC 0.07% of their portfolio | 190.6k $699.4k | Added +20.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 180.6k $662.8k | Added +29.2k |
| Raiffeisen Bank International AG 0.01% of their portfolio | 170.0k $627.3k | Added +10.0k |
| BENJAMIN EDWARDS INC 0.01% of their portfolio | 168.5k $618.4k | Added +23.9k |
| Casdin Capital, LLC 0.03% of their portfolio | 165.3k $606.7k | Unchanged |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 163.7k $600.7k | Added +66.6k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 162.9k $598.0k | Reduced -506.7k |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 160.0k $587.2k | Reduced -375.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 159.0k $583.0k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 152.6k $560.0k | Added +45.1k |