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FloatCap

Supply breakdown

Shares as of Jul 31, 2026
Share supply splitFree float: 445.28M shares, 77.4%Other restricted: 129.72M shares, 22.6%
Circulating77.4%445.28M shares
CategoryShares%ValueStatus
Circulating445.28M77.4%$24.97BEstimated
Free float---Unavailable
Insider-held, unrestricted---Unavailable
Locked team funds---Unavailable
Other restricted (unlisted classes only)129.72M22.6%$7.27BVerified
Total outstanding575.00M100.0%$32.24BVerified
Ownership views (overlap the categories above, never added)
Institutional holdings (13F)366.54M63.7%$20.55BEstimated
Insider-held, all (Forms 3, 4, 5)---Unavailable

Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.

Valuation

  • Traditional$32.24B
  • Fully diluted$32.26B
  • Circulating$24.97B
  • Free float-
  • Locked team value$0
  • Other restricted value$7.27B

Locked and restricted shares

1 item

Class B (not listed on any exchange)

129,723,860 shares

22.6% of total · $7.27B

Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.

Verified10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.

Institutional holders

13F, quarter ended Jun 30, 2026
HolderShares% of total
MORGAN STANLEY42.93M7.47%
Capital International Investors35.27M6.13%
BlackRock, Inc.27.83M4.84%
FMR LLC24.51M4.26%
STATE STREET CORP12.34M2.15%
PRICE T ROWE ASSOCIATES INC /MD/11.19M1.95%
Swedbank AB10.73M1.87%
BAILLIE GIFFORD & CO10.02M1.74%
Capital World Investors9.52M1.66%
GEODE CAPITAL MANAGEMENT, LLC8.06M1.40%

Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.

Insiders

Forms 3, 4 and 5

Form 4 aggregation pending

Share classes

ClassListingShares outstandingAs of
Class ARPRX on Nasdaq445,277,344Jul 31, 2026
Class BNot listed (valued at RPRX)129,723,860Jul 31, 2026

Notes and sources

  • Up-C structure: the exchangeable interests in Royalty Pharma Holdings are paired with Class B shares, which FloatCap counts once as other restricted supply valued at the Class A price. Lock-ups and restricted stock have not been reviewed.