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RARE

Ultragenyx Pharmaceutical Inc.

Sector: pharmaBiotechnologyNASDAQMarket Cap: $2.06B

Ultragenyx is a rare-disease biopharmaceutical company with minimal direct government dependence but significant regulatory exposure through FDA approval pathways and orphan drug incentives.

Govt Dependence
25/100
Regulatory Density
85/100
Lobbying Intensity
5/100
Political Signal
LOW

BusinessWhat RARE does

Ultragenyx develops and commercializes therapies for rare and ultra-rare genetic diseases, including enzyme replacement therapies and gene therapies. Revenue is primarily from product sales of approved rare-disease treatments, with a pipeline dependent on FDA breakthrough designations and orphan drug exclusivity.

Lifetime Government AwardsRARE federal contracts

RARE doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding RARE

$629.5M
Total RARE held by tracked 13F funds
39
Funds with RARE positions
+39
Funds opened this quarter
Millennium Management $76M opened 2024-06-30
Citadel Advisors $44M opened 2025-12-31
Two Sigma Investments $42M opened 2024-09-30
Millennium Management $39M opened 2024-09-30
Millennium Management $33M opened 2024-03-31
Millennium Management $29M opened 2024-12-31
Two Sigma Investments $26M opened 2024-12-31
Millennium Management $26M opened 2025-03-31
31 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading RAREMembers of Congress with recent RARE positions

1 politicians traded RARE across 6 disclosed transactions totaling $48K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just RARE). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading RARE

2026-03-03 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2026-02-18 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-08-08 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-08-08 Gilbert Ray Cisneros D-California · house purchase $1,001 - $15,000
2025-07-15 Gilbert Ray Cisneros D-California · house purchase $1,001 - $15,000
2025-07-15 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2022-01-11 Ro Khanna D-California · house sale $1,001 - $15,000
2022-01-11 Ro Khanna D-California · house Sale $1,001 - $15,000
8+ trades on file · most recent 2026-04-07

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills to WatchLegislation flagged by our analysis

Orphan Drug Act amendmentsFDA user fee reauthorizationMedicare drug pricing reform

Political ProfileWhere RARE sits in Washington

Ultragenyx has minimal lobbying footprint and no identifiable congressional champions/critics. Stock movement driven primarily by clinical trial outcomes and FDA decisions rather than legislative events.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • FDA approval delays
  • orphan drug exclusivity erosion
  • Medicare price negotiation expansion

Regulatory opportunities

  • orphan drug tax credit expansion
  • breakthrough therapy designation acceleration
  • rare disease research funding
Member intelligence layer

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Frequently AskedAbout RARE & political exposure

Does Ultragenyx Pharmaceutical Inc. (RARE) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Ultragenyx Pharmaceutical Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded RARE stock?
8 congressional trades by 2 unique members of Congress, most recently on 2026-03-03. See the Congressional Trading panel for politician-by-politician breakdown.
What is RARE political risk profile?
Government dependence: 25/100. Lobbying intensity: 5/100. Political signal: low.
How does GovGreed track RARE political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. RARE data is updated daily from these official federal sources.