BNR · Burning Rock Biotech Ltd · Holdings

$11.82 -1.43 (-10.79%) At close · Oct 23

Market Cap

$124.66M

10.55M

Volume · Oct 23 51.66K Avg daily vol (3M) 31.1K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of BNR: 13F, 13D and 13G, insiders and funds →

Recent SEC filings are still being reconciled. Holder totals and changes may be incomplete until processing catches up.

Quarter:

Holders: 17

Total Value: $14,531,349

Total Shares: 1,736,124

Institutional Ownership Trend

25 quarters

Holder Concentration

Across 17 13F filers · Δ vs Mar 31, 2026

Top Holder

71.3%

−1.2 pts

Top 5

90.8%

−4.0 pts

Top 10

98.0%

−1.8 pts

HHI

5,269

Highly concentrated−282

Who Holds BNR

Last 8 quarters through Jun 30, 2026

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026: 17 filers, like-for-like change +2.6%; actively managed books +1.0%; index-like books +61.5%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	90.8%	6	-1.0%	1	0
Bank	4.4%	5	+28.6%	1	1
Non-US	0.2%	1	0.0%	0	0
Holding company	2.5%	2	+185.4%	0	0
Exempt adviser	0.0%	0	—	0	0
Unknown	2.1%	3	+69.8%	1	0

Style	Share	Filers	Change	New	Exited
Index-like	4.2%	3	+61.5%	0	0
Systematic-like	2.4%	2	+131.5%	1	0
Concentrated	85.7%	4	-2.8%	1	0
Diversified active	7.7%	8	+36.5%	1	1
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	8.9%	8	+21.8%	1	0
Medium turnover	88.7%	6	-0.5%	1	1
High turnover	2.4%	3	+138.2%	1	0
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.8%	1	new	1	0
Medium horizon	12.2%	2	-24.8%	0	0
Long horizon	87.0%	14	+7.1%	2	1
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	13.1%	2	-19.1%	1	0
$1B to $10B	75.1%	5	+2.0%	1	0
$10B to $100B	3.0%	1	+49.2%	0	0
$100B or more	8.7%	9	+57.6%	1	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	0.9%	1	new	1	0
Pooled investment vehicles	89.9%	5	-2.0%	0	0
Registered funds and BDCs	0.0%	0	—	0	0
Governments and sovereign funds	0.0%	0	—	0	0
Unknown	9.2%	11	+60.8%	2	1

Private funds	Share	Filers	Change	New	Exited
Hedge funds	76.9%	4	+4.2%	1	0
Other private funds	1.7%	1	-1.4%	0	0
Mixed private funds	12.2%	1	-24.8%	0	0
No private funds	0.0%	0	—	0	0
Venture capital funds	0.0%	0	—	0	0
Private funds, type not stated	0.0%	0	—	0	0
Unknown	9.2%	11	+60.8%	2	1

Location	Share	Filers	Change	New	Exited
United States	95.2%	12	+0.8%	1	1
Outside the US	4.8%	5	+59.5%	2	0

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-06-30 13F.

Conviction and Crowding

17 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

5.88% of filers hold it in their top 10

Mar 31, 2026: 1

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

—

a foreign private issuer reports ordinary shares, a different unit from the listed shares

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

a foreign private issuer reports ordinary shares, a different unit from the listed shares

Top 10 holders

98.0%

of 13F shares, Herfindahl 0.527

Active holders

+1.0%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 17.3 quarters

Under 1 year 3.37% 1 to 3 years 13.4% 3 years or more 83.2% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net sellers of $992,768 (0 buying, 1 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$40.95

estimated per share

Mar 31, 2026: $38.63

Quarter-end price

$8.37

implied by 13F values

Estimated gain or loss

-79.6%

price against the estimated cost

Estimated at a loss

100.0%

of costed 13F value

Estimated cost covers 22.2% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shareholder Targets

13F filers that own its peers but not BNR, quarter ended Jun 30, 2026

BNR has no holder-overlap peers, so these filers hold the largest Healthcare stocks: LLY, JNJ, ABBV, UNH, MRK, TMO, AMGN, AZN, GILD, ABT, ISRG, VRTX, CVS, DHR, SYK, BMY, PFE, MDT, MCK, ELV. 6,281 filers in all.

#	Filer	In peers	Of book	Largest peers
1	VANGUARD CAPITAL MANAGEMENT LLC Registered adviser, Index-like	$308,266,564,827 20 held	6.59%	LLY, JNJ, ABBV
2	STATE STREET CORP Bank, Index-like	$222,713,276,889 20 held	6.60%	LLY, JNJ, ABBV
3	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$116,012,260,024 20 held	5.23%	LLY, JNJ, ABBV
4	GEODE CAPITAL MANAGEMENT, LLC Registered adviser, Index-like	$112,944,926,328 19 held	6.02%	LLY, JNJ, ABBV
5	LILLY ENDOWMENT INC Unknown, Unknown	$108,400,867,760 1 held	100.0%	LLY
6	FMR LLC Holding company, Diversified active	$102,008,860,554 20 held	4.46%	LLY, UNH, GILD
7	Capital World Investors Adviser, Diversified active	$89,827,396,720 14 held	10.7%	LLY, VRTX, UNH
8	NORGES BANK Non-US, Index-like	$70,478,623,091 20 held	7.03%	LLY, JNJ, ABBV
9	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$69,817,479,779 20 held	7.01%	LLY, UNH, JNJ
10	PNC FINANCIAL SERVICES GROUP, INC. Bank, Concentrated	$67,493,367,200 20 held	34.2%	LLY, JNJ, ABBV

Fund Ownership of BNR by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.08% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.04%	+0.01 pp	3,962	1
Index ETFs	0.04%	+0.04 pp	4,458	1
Active ETFs	0.00%	-0.02 pp	0	0
Active funds	0.04%	+0.04 pp	3,819	4
Unclassified	0.00%	0.00 pp	0	0
All registered funds	0.12%	+0.06 pp	12,239	6

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: +1

Institutional value: -46.8%

Shares held: +1.5%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega MORGAN STANLEY	+28,322	43,594
Mega UBS Group AG	+17,508	17,916
Large RENAISSANCE TECHNOLOGIES LLC	+17,431	52,838
Mid Kynam Capital Management, LP	+11,008	1,238,563
Mega CITADEL ADVISORS LLC	+9,619	27,288

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Small CRCM LP	−70,100	211,997
Mid Amova Asset Management Americas, Inc.	−413	29,724
Mega Sumitomo Mitsui Trust Group, Inc.	−413	29,724
Mega JPMORGAN CHASE & CO	−21	166

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Almanack Investment Partners, LLC.	16,198	$135,577
Mid XTX Topco Ltd	13,621	$114,007
Mega ROYAL BANK OF CANADA	73	$611

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)	Open
Mega CITIGROUP INC	1	$16

Filter: New 3 Increased 6 Reduced 4 Sold out 1 Unchanged 4

Holder type: Registered adviser 6 Bank 5 Non-US 1 Holding company 2 Unknown 3

Showing 17 of 17

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Kynam Capital Management, LP

$10,366,772

71.34%

1,238,563

CRCM LP

$1,774,414

12.21%

211,997

RENAISSANCE TECHNOLOGIES LLC

$442,254

3.04%

52,838

MORGAN STANLEY

$364,881

2.51%

43,594

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	43,121	$360,922	98.9%	Defined
MORGAN STANLEY SMITH BARNEY LLC	473	$3,959	1.1%	Defined

Sumitomo Mitsui Trust Group, Inc.

$248,789

1.71%

29,724

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Amova Asset Management Co., Ltd.	29,724	$248,789	100.0%	Defined

Amova Asset Management Americas, Inc.

$248,789

1.71%

29,724

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sumitomo Mitsui Trust Group, Inc. joint	29,724	$248,789	100.0%	Sole

BANK OF AMERICA CORP /DE/

$244,102

1.68%

29,164

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BOFA SECURITIES, INC.	29,164	$244,102	100.0%	Defined

CITADEL ADVISORS LLC

$228,400

1.57%

27,288

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	27,288	$228,400	100.0%	Defined

HSG Holding Ltd

$177,544

1.22%

21,212

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SNP China Enterprises Ltd joint	21,212	$177,544	100.0%	Defined

UBS Group AG

$149,956

1.03%

17,916

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	17,469	$146,215	97.5%	Defined
UBS Securities LLC	447	$3,741	2.5%	Defined

Almanack Investment Partners, LLC.

$135,577

0.93%

16,198

XTX Topco Ltd

$114,007

0.78%

13,621

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	13,621	$114,007	100.0%	Defined

BNP PARIBAS ARBITRAGE, SA

$23,436

0.16%

2,800

Tower Research Capital LLC (TRC)

$10,395

0.07%

1,242

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	1,242	$10,395	100.0%	Defined

JPMORGAN CHASE & CO

$1,389

0.01%

166

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	166	$1,389	100.0%	Defined

ROYAL BANK OF CANADA

$611

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	73	$611	100.0%	Defined

BlackRock, Inc.

$33

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Aperio Group, LLC	4	$33	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	1	$16	100.0%	Defined

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