AN

ANNX ANNEXON INC

2026Q2 · CUSIP 03589W102 · Sector: Healthcare & Biotech

Funds left

Funds are exiting, but the price is holding

Funds that own it
216
Institutions that reported holding it to the SEC
Net increase in holders
0
Last quarter 216 → now 216
How unusual is that
Below average
Stronger than only 28% of US stocks
What the filings say, in one paragraph

216 funds held ANNX at the end of 2026Q2. Buying has faded, though the price is holding up. On the business itself, return on equity is -108.9%. ANNX has had 3 buying rushes in its history, and the price moved -9.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2020Q4: holders=70 2021Q1: holders=73 2021Q2: holders=74 2021Q3: holders=82 2021Q4: holders=96 2022Q1: holders=101 2022Q2: holders=78 2022Q3: holders=72 2022Q4: holders=85 2023Q1: holders=100 2023Q2: holders=95 2023Q3: holders=93 2023Q4: holders=99 2024Q1: holders=127 2024Q2: holders=140 2024Q3: holders=142 2024Q4: holders=152 2025Q1: holders=148 2025Q2: holders=128 2025Q3: holders=146 2025Q4: holders=167 2026Q1: holders=216 2026Q2: holders=216 -49 -24.5 +0 +24.5 +49 63145227 20Q421Q221Q422Q222Q423Q223Q424Q224Q425Q225Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 3 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 5% +10.9% —
2024Q1 Top 10% +38.1% +41.3%
2023Q1 Top 20% -53.4% -60.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
119
Change in large funds
+6
Total value they hold
$1.0B
Funds buying for the first time
32
Funds that sold out entirely
32
Price change that quarter
+3.4%
Funds holding puts (bearish)
3
Funds holding calls (bullish)
7

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
—
EPS (TTM)
$-1.14
EPS YoY
—
Revenue (TTM)
—
Revenue YoY
—
Net margin
—
ROE
-108.9%
Debt ratio
24.4%
FCF (TTM)
-$193M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2024-03-31: EPS -0.21 2024-06-30: EPS -0.23 2024-09-30: EPS -0.25 2024-12-31: EPS -0.32 2025-03-31: EPS -0.37 2025-06-30: EPS -0.34 2025-09-30: EPS -0.37 2025-12-31: EPS -0.26 2026-03-31: EPS -0.23 2026-06-30: EPS -0.28 -0.41 -0.20 0.00 20242025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
-52M-26M0K 20192020202120222023202420252026
Latest quarter $-47M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.