Geron Corp (GERN)

[healthywelth]

Whoa. State Street added 9.2 million shares as of June, bringing their total holdings to 15.5 million. And Blackrock added 1.5 million bringing their total to 13.4 million. FMR sold 4 million, but they still hold 15.5 million. Vanguard added 700k and now holds 8 million total.

Just these four institutions own about 30% of GERN's outstanding. These guys manage trillions so it might sound like a lot in the absolute sense, but it says a lot that they own 30% of this tiny bio. They want GERN because the market wants GERN.