Royalty Pharma (RPRX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	938.94 mm	938.94 mm	938.94 mm	938.94 mm	938.94 mm	938.94 mm
Cash burn (monthly)	(no burn)	925.67 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	2.15 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	936.80 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	1012.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

RPRX institutional ownership history Ownership history

93.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	410	391	+4.9%
Opened positions	76	58	+31.0%
Closed positions	57	43	+32.6%
Increased positions	157	156	+0.6%
Reduced positions	134	123	+8.9%

13F shares	Current	Prev Q	Change
Total value	8.04 tn	8.56 tn	-6.1%
Total shares	405.54 mm	392.77 mm	+3.3%
Total puts	117.70 k	47.50 k	+147.8%
Total calls	507.70 k	577.50 k	-12.1%
Total put/call ratio	0.2	0.1	+181.9%

Largest owners	Shares	Value	Change
Mario Germano Giuliani	43.82 mm	$0.00	0.0%
Achille G. Severgnini	41.65 mm	$1.07 bn	0.0%
MS Morgan Stanley	39.53 mm	$1.01 tn	-3.8%
Vanguard	37.35 mm	$952.90 bn	-0.6%
FMR	26.38 mm	$672.94 bn	-5.4%
BlackRock	25.45 mm	$649.14 bn	+14.1%
Adage Capital Partners GP, L.L.C.	16.97 mm	$432.86 bn	+42.6%
Baillie Gifford & Co	14.13 mm	$360.57 bn	-12.3%
Viking Global Investors	12.21 mm	$311.42 bn	+0.9%
Swedbank AB	12.16 mm	$310.31 bn	+10.3%

Largest transactions	Shares	Bought/sold	Change
Adage Capital Partners GP, L.L.C.	16.97 mm	+5.07 mm	+42.6%
Norges Bank	4.88 mm	+4.88 mm	NEW
BlackRock	25.45 mm	+3.15 mm	+14.1%
Citadel Advisors	2.90 mm	+2.90 mm	NEW
Baillie Gifford & Co	14.13 mm	-1.99 mm	-12.3%
Millennium Management	2.42 mm	-1.93 mm	-44.4%
Suvretta Capital Management	0.00	-1.87 mm	EXIT
JHG Janus Henderson	34.24 k	-1.73 mm	-98.1%
BNP Paribas Arbitrage	1.64 mm	+1.64 mm	NEW
MS Morgan Stanley	39.53 mm	-1.55 mm	-3.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

RPRX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Dec 25	George W. Lloyd	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	39.7728	110,000	4.38 mm	110,000
1 Dec 25	Marshall Urist	Class A Ordinary Shares	Sell	Dispose S	No	Yes	39.9	18,242	727.86 k	25,640
1 Dec 25	Marshall Urist	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	39.9277	23,333	931.63 k	183,334
1 Dec 25	Terrance P. Coyne	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	39.866	3,750	149.50 k	47,260
1 Dec 25	Terrance P. Coyne	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	39.866	65,832	2.62 mm	592,492
24 Nov 25	Terrance P. Coyne	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	37.9595	624	23.69 k	51,010
24 Nov 25	Terrance P. Coyne	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	38.6699	3,126	120.88 k	51,634
24 Nov 25	Terrance P. Coyne	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	37.9604	10,686	405.64 k	658,324
24 Nov 25	Terrance P. Coyne	Class A Ordinary Shares	Sell	Dispose S	Yes	Yes	38.6663	55,146	2.13 mm	669,010
19 Nov 25	George W. Lloyd	Class A Ordinary Shares	Sell	Dispose S	No	Yes	39.0331	230	8.98 k	0