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User Guides & FAQs


FAQ: What Is a Hedge Fund Pick & a Hedge Fund Avoid?
Hedge Fund Picks & Hedge Fund Avoids In addition to releasing the Q1 2026 Big Movers list, BPIQ has also launched new features that show how biopharma-focused hedge funds are positioned around these catalysts. Hedge Fund Picks Hedge Fund Picks are Big Mover™ catalysts) for biotech stocks with significant hedge fund ownership. These companies are actively held by a relatively large number of biopharma-focused hedge funds, helping you focus on high-conviction catalysts follow
17 hours ago
How often are the BPIQ model portfolio holdings updated?
Our Top hedge fund portfolio holdings are updated once per quarter after the quarterly SEC updates for all of the hedge funds have been filed. Our "run-up" portfolio holdings are updated throughout the quarter depending on the timing of readouts for the tickers in the portfolio.
Dec 2, 2025
How have the BPIQ portfolios performed?
Check out our performance post for detailed info regarding the performance of our model portfolios. Keep in mind that our model portfolios are actual brokerage accounts, we put our own money at risk in these model portfolios because we are biopharma stock investors ourselves. Read more here .
Dec 2, 2025
How can you use the BPIQ portfolios to pick/check biopharma stocks/portfolios?
We provide the tickers and quarterly targets for each ticker in each portfolio here . And we provide the stocks that were newly added or closed out of the latest quarter for each fund here . Thus, we make it easy for you to identify stocks to consider for your own portfolio, as well as stocks that might be more or less interesting to you each quarter. Use our portfolio upgrader tool to change your portfolio so that it is closer to one of our model portfolios.
Dec 2, 2025
What are the BPIQ portfolios?
The BPIQ portfolios are a set of portfolios of public biopharma company tickers and target values. The values are set at 45-60 days after each quarter starts for each portfolio, except the Run-Up portfolio. The strategies are based on extensive back-testing that we performed on different strategies based on top holdings of biopharma-focused hedge funds. We identified top strategies that out-performed XBI for many back-tested time frames. Our portfolios are based at least in p
Dec 1, 2025
How to Use BPIQ to Beat the Market
This post provides some ideas on how to Use BPIQ's Hedge Fund Data And Model Portfolios to Beat the Major Biotech ETFs. 1) Use public data on holdings of top biopharma-focused hedge funds (BFHFs) to improve your chances of success in investing in this sector (FN^1) Focus on biopharma stocks held by at least 1 BHFH Our hedge fund screener tool makes it easy for you to determine how many BFHFs hold any ticker 2) Use holdings of our BPIQ portfolios as part of your biopharma s
Dec 10, 2024
Big/Suspected Movers FAQ/User Guide
What is a Big-Mover™ event? Big-Mover™ events are upcoming high-impact biopharma catalyst events, usually clinical trial read-outs, that are expected to move a stock by at least 20% up or down. Big Mover™ events are typically a type of event with the highest chance of moving a stock (e.g. Phase 2, Phase 3, and PDUFA read-outs) given the importance of the clinical asset to the sponsor company. We call clinical events that appear likely to be Big Mover events Suspected Big Move
Oct 5, 2023
Hedge Fund FAQ/User Guide
How can hedge fund data help biotech investors? Hedge fund holdings can help you discover new investment ideas and get more conviction about your current holdings. For example, you can see how many top biotech or biopharma hedge funds hold your favorite companies or which tickers are the most popular tickers amongst top biotech or biopharma hedge funds. When you use hedge fund information, you leverage the expertise and resources of top hedge funds for your investment decisio
Oct 5, 2023
Biotech Mergers and Acquisitions FAQ/User Guide
What biotech M&A data does BPIQ offer? Free: M&A Activity History Pro: M&A Activity History Elite: M&A Activity History M&A Our and Othe Picks Amp: M&A Activity History M&A Our and Othe Picks *See pictures below for visuals M&A Activity History: M&A Our and Othe Picks This article is NOT legal, investment or tax advice. Please do your own diligence before making any investment decisions.
Oct 5, 2023
Biotech Catalysts FAQ/User Guide - What are catalysts
What are Biotech Catalyst Events? Biotech catalyst events are significant milestones in the biopharmaceutical industry that can trigger substantial changes in stock prices. These events include clinical trial results, regulatory decisions, data presentations, and other developments that can impact the future prospects of biotech companies. Why are Biotech Catalyst Events Important for Retail Investors? Biotech catalyst events have a direct influence on the value of biotech st
Oct 5, 2023
PDUFA FAQ/User Guide
What is a PDUFA Date? A Prescription Drug User Fee Act (PDUFA) date is a pivotal milestone for pharmaceutical companies. It marks the FDA's expected completion date for reviewing New Drug Applications (NDAs) and Biologics License Applications (BLAs) submitted by companies seeking approval for new drugs. PDUFA dates are essential for planning marketing strategies, informing investors, and anticipating the potential approval of a new treatment. Why are PDUFA Dates Important for
Oct 5, 2023
BPIQ Biomedical Conference FAQ/User Guide
Why are Biomedical Conferences important? Biomedical conferences upcoming abstract release dates and meeting dates are important events because these can be major movers for stocks/companies depending on if new data is being released and presented. Sometimes these conference data readouts are just as big as if a company was announcing new data which means these meetings can cause company stocks to move up or down. Also, competing companies my release and present data that can
Oct 5, 2023
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