13FPulse
IN

INVA INNOVIVA INC

2026Q2 · CUSIP 45781M101 · Sector: Healthcare & Biotech

Piling in

Net holder growth ranks near the top of the market

Funds that own it
303
Institutions that reported holding it to the SEC
Net increase in holders
+21
Last quarter 282 → now 303
How unusual is that
Top 20%
Stronger buying than 84% of US stocks
What the filings say, in one paragraph

303 funds held INVA at the end of 2026Q2, up 21 from the quarter before. That is stronger buying than 83.9% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $440M(YoY +18.8%), the P/E is 4.8x, return on equity is 29.0%. INVA has had 11 buying rushes in its history, and the price moved +1.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2014Q2: holders=1 2015Q4: holders=3 2016Q1: holders=115 2016Q2: holders=133 2016Q3: holders=137 2016Q4: holders=143 2017Q1: holders=163 2017Q2: holders=163 2017Q3: holders=197 2017Q4: holders=198 2018Q1: holders=222 2018Q2: holders=223 2018Q3: holders=208 2018Q4: holders=229 2019Q1: holders=229 2019Q2: holders=210 2019Q3: holders=198 2019Q4: holders=188 2020Q1: holders=189 2020Q2: holders=198 2020Q3: holders=203 2020Q4: holders=190 2021Q1: holders=175 2021Q2: holders=182 2021Q3: holders=204 2021Q4: holders=215 2022Q1: holders=232 2022Q2: holders=215 2022Q3: holders=212 2022Q4: holders=209 2023Q1: holders=191 2023Q2: holders=198 2023Q3: holders=192 2023Q4: holders=197 2024Q1: holders=213 2024Q2: holders=214 2024Q3: holders=220 2024Q4: holders=235 2025Q1: holders=244 2025Q2: holders=263 2025Q3: holders=261 2025Q4: holders=280 2026Q1: holders=282 2026Q2: holders=303 -112 -56 +0 +56 +112 0160319 14Q216Q418Q119Q220Q321Q423Q124Q225Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2025Q2 Top 20% +7.1% +13.9%
2024Q1 Top 20% +16.0% +18.3%
2022Q1 Top 20% -11.0% -17.5%
2021Q3 Top 10% +15.6% -7.8%
2018Q4 Top 20% -1.5% -22.5%
2018Q1 Top 10% -4.0% +10.6%
2017Q3 Top 5% +26.8% +11.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
157
Change in large funds
+10
Total value they hold
$1.7B
Funds buying for the first time
49
Funds that sold out entirely
28
Price change that quarter
-3.3%
Funds holding puts (bearish)
0
Funds holding calls (bullish)
1

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
4.8
EPS (TTM)
$4.35
EPS YoY
+806.3%
Revenue (TTM)
$0.4B
Revenue YoY
+18.8%
Net margin
81.2%
ROE
29.0%
Debt ratio
27.6%
FCF (TTM)
$189M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.90 2021-12-31: EPS 0.23 2022-03-31: EPS 0.20 2022-06-30: EPS 0.05 2022-09-30: EPS 2.80 2022-12-31: EPS -0.68 2023-03-31: EPS 0.42 2023-06-30: EPS 0.02 2023-09-30: EPS 0.98 2023-12-31: EPS 0.78 2024-03-31: EPS 0.46 2024-06-30: EPS -0.55 2024-09-30: EPS 0.02 2024-12-31: EPS 0.43 2025-03-31: EPS -0.74 2025-06-30: EPS 0.77 2025-09-30: EPS 1.08 2025-12-31: EPS 2.19 2026-03-31: EPS 2.22 2026-06-30: EPS -1.14 0M 60M 120M $M -1.25 0.91 3.08 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 7 3 28 53 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
0K49M98M 20162017201820192020202120222023202420252026
Latest quarter $35M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.