ABIVAX SA ABVX
SPONSORED ADS · ADR · CUSIP 00370M103 · ISIN US00370M1036
- SectorHealth care
- IndustryPharmaceutical Preparations
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($680.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $110.54. Options: 27 managers hold calls ($232.6m notional), 14 hold puts ($142.5m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2023 | 31 |
| Q1 2024 | 37 |
| Q2 2024 | 39 |
| Q3 2024 | 41 |
| Q4 2024 | 49 |
| Q1 2025 | 47 |
| Q2 2025 | 44 |
| Q3 2025 | 165 |
| Q4 2025 | 247 |
| Q1 2026 | 254 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 17 | 15 |
| Q3 2024 | 21 | 14 |
| Q4 2024 | 25 | 14 |
| Q1 2025 | 26 | 19 |
| Q2 2025 | 22 | 20 |
| Q3 2025 | 143 | 25 |
| Q4 2025 | 170 | 74 |
| Q1 2026 | 161 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $5.5m | $3.7m | 0.68 |
| Q4 2025 | $341.4m | $228.3m | 0.67 |
| Q1 2026 | $232.6m | $142.5m | 0.61 |
Biggest buyers
| Helikon Investments Ltd | New | +1.0m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Added | +313.0k |
| Darwin Global Management, Ltd. | Added | +290.2k |
| Eversept Partners, LP | Added | +276.6k |
| Logos Global Management LP | Added | +275.0k |
| STEMPOINT CAPITAL LP | Added | +235.8k |
| BANK OF AMERICA CORP /DE/ | Added | +213.4k |
| JANUS HENDERSON GROUP PLC | Added | +211.1k |
| JPMORGAN CHASE & CO | Added | +179.1k |
| UBS Group AG | Added | +123.5k |
Biggest sellers
| Point72 Asset Management, L.P. | Reduced | -1.8m |
| MORGAN STANLEY | Reduced | -1.4m |
| DEUTSCHE BANK AG\ | Sold out | -764.9k |
| Paradigm Biocapital Advisors LP | Reduced | -645.0k |
| TCG Crossover Management, LLC | Reduced | -630.5k |
| Cormorant Asset Management, LP | Reduced | -590.0k |
| BVF INC/IL | Sold out | -508.0k |
| Jefferies Financial Group Inc. | Reduced | -447.2k |
| Vestal Point Capital, LP | Reduced | -400.0k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -385.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $58.6m525.9k shares |
| CITADEL ADVISORS LLC | Added | $52.2m468.4k shares |
| Ikarian Capital, LLC | Added | $32.7m293.3k shares |
| IMC-Chicago, LLC | Added | $16.3m146.0k shares |
| DIADEMA PARTNERS LP | New | $11.1m100.0k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $9.6m86.3k shares |
| GROUP ONE TRADING LLC | Added | $9.4m84.4k shares |
| JANE STREET GROUP, LLC | Reduced | $8.5m76.6k shares |
| ExodusPoint Capital Management, LP | Added | $5.9m52.7k shares |
| ADAR1 Capital Management, LLC | New | $4.9m44.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $42.0m377.6k shares |
| CITADEL ADVISORS LLC | Added | $36.3m326.3k shares |
| LMR Partners LLP | Added | $13.4m120.0k shares |
| DIADEMA PARTNERS LP | New | $11.1m100.0k shares |
| Centiva Capital, LP | New | $10.3m92.5k shares |
| IMC-Chicago, LLC | Added | $8.3m74.6k shares |
| GROUP ONE TRADING LLC | Reduced | $5.7m51.1k shares |
| HRT FINANCIAL LP | New | $5.1m45.5k shares |
| JANE STREET GROUP, LLC | Reduced | $5.0m44.8k shares |
| Walleye Trading LLC | Added | $2.3m20.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| TCG Crossover GP I, LLC 13G · passive investor -2.1 pts · filed 2026-08-14 | 7.0% |
| Invus Global Management, LLC 13G · passive investor +1.0 pts · filed 2026-08-13 | 6.0% |
Fell to 5% or below in the last year: Sofinnova Crossover I (4.3%, 2026-07-06), Venrock Healthcare Capital Partners III, L.P. (0.8%, 2025-11-14)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| TCG Crossover Management, LLC 20.65% of their portfolio | 6.5m $721.7m | Reduced -630.5k |
| UBS Group AG 0.09% of their portfolio | 4.5m $506.4m | Added +123.5k |
| Darwin Global Management, Ltd. 9.34% of their portfolio | 3.5m $352.1m | Added +290.2k |
| MORGAN STANLEY 0.01% of their portfolio | 1.7m $189.8m | Reduced -1.4m |
| Vestal Point Capital, LP 4.67% of their portfolio | 1.5m $167.0m | Reduced -400.0k |
| Caligan Partners LP 11.51% of their portfolio | 1.5m $162.8m | Added +10.0k |
| ADAR1 Capital Management, LLC 9.33% of their portfolio | 1.4m $155.2m | Added +76.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.62% of their portfolio | 1.3m $147.3m | Added +313.0k |
| FMR LLC 0.01% of their portfolio | 1.3m $143.2m | Reduced -79.3k |
| Helikon Investments Ltd 4.26% of their portfolio | 1.0m $112.8m | New |
| Eversept Partners, LP 6.86% of their portfolio | 934.4k $104.0m | Added +276.6k |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 878.8k $98.0m | Added +211.1k |
| BAKER BROS. ADVISORS LP 0.56% of their portfolio | 875.8k $97.5m | Unchanged |
| LORD, ABBETT & CO. LLC 0.31% of their portfolio | 854.9k $95.2m | Added +5.2k |
| Paradigm Biocapital Advisors LP 1.76% of their portfolio | 772.5k $86.0m | Reduced -645.0k |
| Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 7.23% of their portfolio | 765.9k $85.3m | Added +73.9k |
| Cormorant Asset Management, LP 4.27% of their portfolio | 760.0k $84.6m | Reduced -590.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 735.7k $81.9m | Added +213.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 691.7k $77.0m | Added +40.0k |
| Octagon Capital Advisors LP 8.34% of their portfolio | 677.0k $75.4m | Reduced -79.0k |
| Logos Global Management LP 3.87% of their portfolio | 675.0k $75.2m | Added +275.0k |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 637.7k $71.0m | Reduced -1.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 635.1k $64.5m | Added +179.1k |
| Ensign Peak Advisors, Inc 0.13% of their portfolio | 631.8k $70.4m | Added +113.5k |
| STEMPOINT CAPITAL LP 6.77% of their portfolio | 627.6k $69.9m | Added +235.8k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 606.0k $67.5m | Reduced -135.1k |
| Artia Global Partners LP 15.08% of their portfolio | 600.7k $66.9m | Unchanged |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 544.3k $60.6m | Reduced -19.4k |
| Saturn V Capital Management LP 10.94% of their portfolio | 542.7k $60.4m | Reduced -106.5k |
| BOOTHBAY FUND MANAGEMENT, LLC 1.22% of their portfolio | 473.0k $52.7m | Reduced -34.9k |
| First Turn Management, LLC 5.80% of their portfolio | 465.9k $51.9m | Added +84.6k |
| ORBIMED ADVISORS LLC 1.13% of their portfolio | 465.7k $51.9m | Added +97.8k |
| Aberdeen Group plc 0.08% of their portfolio | 431.2k $48.0m | Added +4.6k |
| BlackRock, Inc. 0.00% of their portfolio | 427.3k $47.6m | Reduced -9.4k |
| Affinity Asset Advisors, LLC 2.64% of their portfolio | 405.0k $45.1m | Reduced -100.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 400.5k $44.6m | Reduced -149.5k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 382.8k $42.6m | Reduced -66.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 381.3k $42.5m | Reduced -373.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 348.8k $38.8m | Added +85.3k |
| PERCEPTIVE ADVISORS LLC 0.72% of their portfolio | 328.9k $36.6m | Reduced -129.5k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.59% of their portfolio | 320.6k $35.7m | Reduced -7.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 312.3k $34.8m | Added +94.4k |
| SILVERARC CAPITAL MANAGEMENT, LLC 3.97% of their portfolio | 302.5k $33.7m | Reduced -119.7k |
| Holocene Advisors, LP 0.07% of their portfolio | 258.7k $28.8m | Unchanged |
| Vivo Capital, LLC 2.22% of their portfolio | 239.5k $26.7m | Reduced -119.8k |
| Woodline Partners LP 0.10% of their portfolio | 225.9k $25.2m | Unchanged |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 213.7k $23.8m | Reduced -144.6k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 210.5k $23.4m | Added +82.6k |
| READYSTATE ASSET MANAGEMENT LP 1.31% of their portfolio | 202.0k $22.5m | Added +106.3k |
| Boxer Capital Management, LLC 2.92% of their portfolio | 200.0k $22.3m | Added +75.0k |
| Creek Drive Management Group LLC 10.82% of their portfolio | 155.0k $17.3m | Added +51.5k |
| Evergreen Quality Fund GP, Ltd. 0.37% of their portfolio | 144.3k $16.1m | Reduced -80.0k |
| ExodusPoint Capital Management, LP 0.16% of their portfolio | 140.3k $15.6m | Reduced -75.0k |
| Hudson Bay Capital Management LP 0.09% of their portfolio | 139.4k $15.5m | Reduced -68.8k |
| Nantahala Capital Management, LLC 0.95% of their portfolio | 137.2k $15.3m | Reduced -16.0k |
| Sio Capital Management, LLC 2.18% of their portfolio | 135.8k $15.1m | Added +92.7k |
| Squadron Capital Management LLC 5.79% of their portfolio | 130.0k $14.5m | Reduced -15.0k |
| NAN FUNG TRINITY (HK) LTD 1.58% of their portfolio | 128.9k $14.4m | Added +15.6k |
| Apis Capital Advisors, LLC 2.21% of their portfolio | 128.8k $14.3m | Added +39.8k |
| Invesco Ltd. 0.00% of their portfolio | 126.4k $14.1m | Added +1.0k |
| Patient Square Capital LP 2.40% of their portfolio | 121.2k $13.5m | Reduced -8.8k |
| HighVista Strategies LLC 3.48% of their portfolio | 113.3k $12.6m | Added +41.1k |
| TimesSquare Capital Management, LLC 0.21% of their portfolio | 109.2k $12.2m | Reduced -20.2k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 108.2k $12.0m | Unchanged |
| MPM BIOIMPACT LLC 0.92% of their portfolio | 107.3k $11.9m | Added +51.0k |
| IMC-Chicago, LLC 0.18% of their portfolio | 106.1k $11.8m | Added +89.6k |
| Prosight Management, LP 1.92% of their portfolio | 105.0k $11.7m | Added +88.0k |
| FINDELL CAPITAL MANAGEMENT LLC 3.44% of their portfolio | 105.0k $11.7m | Added +57.0k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 103.5k $11.2m | Reduced -20.9k |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 101.6k $11.3m | Added +73.1k |
| Kite Lake Capital Management (UK) LLP 11.23% of their portfolio | 100.0k $11.1m | Not comparable |
| SEI INVESTMENTS CO 0.01% of their portfolio | 94.2k $10.5m | Added +7.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 94.1k $10.5m | Reduced -329.1k |
| BARCLAYS PLC 0.00% of their portfolio | 90.8k $10.1m | Reduced -218.0k |
| Nicholas Investment Partners, LP 0.72% of their portfolio | 90.2k $10.0m | Added +7.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 83.0k $9.2m | Added +15.4k |
| ODDO BHF ASSET MANAGEMENT SAS 0.36% of their portfolio | 81.5k $9.1m | Added +2.1k |
| ANDERA PARTNERS 4.92% of their portfolio | 78.1k $8.7m | Unchanged |
| Davern Capital Partners, LP 2.39% of their portfolio | 78.1k $8.7m | Added +29.6k |
| Velan Capital Investment Management LP 5.37% of their portfolio | 77.0k $8.6m | Added +10.0k |
| LMR Partners LLP 0.08% of their portfolio | 76.6k $8.5m | Reduced -18.0k |
| DIADEMA PARTNERS LP 3.39% of their portfolio | 75.9k $8.2m | Added +300 |
| LPL Financial LLC 0.00% of their portfolio | 75.4k $8.4m | Added +12.5k |
| Voleon Capital Management LP 0.18% of their portfolio | 73.7k $8.2m | Reduced -31.7k |
| ACT CAPITAL MANAGEMENT, LLC 6.20% of their portfolio | 70.9k $7.9m | Added +7.0k |
| TD Asset Management Inc 0.01% of their portfolio | 65.5k $7.3m | Added +1.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 65.3k $7.3m | Added +800 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 59.2k $6.6m | Added +13.5k |
| Ikarian Capital, LLC 0.89% of their portfolio | 57.6k $6.2m | Reduced -148.3k |
| Centiva Capital, LP 0.30% of their portfolio | 57.1k $6.4m | New |
| SAMSARA BIOCAPITAL, LLC 0.61% of their portfolio | 56.6k $6.3m | Reduced -18.9k |
| K2 PRINCIPAL FUND, L.P. 0.63% of their portfolio | 53.7k $6.0m | Added +31.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 51.3k $5.7m | Added +1.4k |
| Militia Capital Management LLC 0.43% of their portfolio | 51.0k $5.7m | First filing |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 50.5k $5.6m | Added +33.0k |
| SEVEN GRAND MANAGERS, LLC 0.37% of their portfolio | 50.0k $5.6m | New |
| Erste Asset Management GmbH 0.05% of their portfolio | 50.0k $5.1m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 49.5k $5.5m | Added +24.7k |
| Trexquant Investment LP 0.04% of their portfolio | 48.7k $5.4m | Added +5.0k |
| Catalio Capital Management, LP 1.10% of their portfolio | 47.2k $5.3m | Reduced -51.3k |