Perceptive Advisors BCRX Position
Active10-Fund ConvergencePerceptive Advisors initiated a new position in BIOCRYST PHARMACEUTICALS INC (BCRX) in Q4 2025, holding $24.7M worth of shares across 3,162,529 shares.
BCRX is a convergence signal: 10 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 3 readout for berotralstat in 1963 days (Aug 31, 2031), making the timing of Perceptive's position particularly relevant.
Short interest stands at 15.0% of float with 8.1 days to cover, indicating significant bearish positioning against Perceptive's long thesis.
About BIOCRYST PHARMACEUTICALS INC
BioCryst Pharmaceuticals, Inc., a biotechnology company, discovers novel, oral, and small-molecule medicines. The company markets peramivir injection, an intravenous neuraminidase inhibitor for the treatment of acute uncomplicated influenza under the RAPIVAB, RAPIACTA, and PERAMIFLU names; and ORLADEYO, an oral serine protease inhibitor to treat hereditary angioedema. It is also developing BCX9930, an oral factor D inhibitor, which is in Phase II clinical trial for complement-mediated diseases; BCX9250, an oral activin receptor-like kinase-2 inhibitor that is in Phase I clinical trial to treat fibrodysplasia ossificans progressiva; and Galidesivir, a RNA dependent-RNA polymerase inhibitor, which is in Phase I clinical trial to treat various RNA viruses, including Marburg, Yellow Fever, Ebola, and Zika. The company has collaborations and in-license relationships with the Torii Pharmaceutical Co., Ltd.; Seqirus UK Limited; Shionogi & Co., Ltd.; Green Cross Corporation; Mundipharma International Holdings Limited; National Institute of Allergy and Infectious Diseases; Biomedical Advanced Research and Development Authority; the U.S. Department of Health and Human Services; and The University of Alabama at Birmingham, as well as Albert Einstein College of Medicine of Yeshiva University and Industrial Research, Ltd. BioCryst Pharmaceuticals, Inc. was founded in 1986 and is headquartered in Durham, North Carolina.
Full company profile →Short Interest
15.0%
8.1 days to cover
Frequently Asked Questions
Does Perceptive Advisors own BCRX?
Yes. As of Q4 2025, Perceptive Advisors holds 3,162,529 shares of BIOCRYST PHARMACEUTICALS INC (BCRX) valued at $24.7M. This data comes from their SEC 13F filing.
How many hedge funds own BCRX?
10 specialist biotech hedge funds currently hold BCRX, including RA Capital Management, Deerfield Management, Baker Bros. Advisors and 6 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Perceptive Advisors first buy BCRX?
Perceptive Advisors's position in BCRX was first reported in Q4 2025. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Perceptive Advisors's BCRX position increasing or decreasing?
Perceptive Advisors initiated a new position in BCRX in the most recent quarter. This is their first reported holding.
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