Supply breakdown
Shares as of Jul 29, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 42.89M | 100.0% | $23.24B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 42.89M | 100.0% | $23.24B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 41.69M | 97.2% | $22.59B | Estimated |
| 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$23.24B
- Fully diluted$24.97B
- Circulating$23.24B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 5.29M | 12.34% |
| Avoro Capital Advisors LLC | 2.78M | 6.48% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.92M | 4.48% |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.92M | 4.47% |
| STATE STREET CORP | 1.90M | 4.43% |
| RENAISSANCE TECHNOLOGIES LLC | 1.71M | 3.98% |
| WELLINGTON MANAGEMENT GROUP LLP | 1.38M | 3.22% |
| GEODE CAPITAL MANAGEMENT, LLC | 996.6K | 2.32% |
| Jupiter Topco LLC | 831.1K | 1.94% |
| NORGES BANK | 694.8K | 1.62% |
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 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | UTHR on Nasdaq | 42,890,692 | Jul 29, 2026 |
Notes and sources
- UNITED THERAPEUTICS Corp 10-Q for period ended 2026-06-30, Cover page (0001082554-26-000027)
- SEC public float (non-affiliates): $11.23B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.