Vault-13

ABIVAX SA ABVX

SPONSORED ADS · ADR · CUSIP 00370M103 · ISIN US00370M1036

254 institutional holders +7 vs Q4 2025
50,379,40750.4m shares reported held*
$5.6bnreported value*
49 new 112 added 74 reduced 44 sold out net sold ≈ $678.5m (-6.1m shares)

* 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

0100200300Q4 23: 31Q1 24: 37Q2 24: 39Q3 24: 41Q4 24: 49Q1 25: 47Q2 25: 44Q3 25: 165Q4 25: 247Q1 26: 254254Q4 23Q2 24Q4 24Q2 25Q4 25Q1 26
Numbers
QuarterHolders
Q4 202331
Q1 202437
Q2 202439
Q3 202441
Q4 202449
Q1 202547
Q2 202544
Q3 2025165
Q4 2025247
Q1 2026254

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 17 bought or addedQ2 24: 15 cut or sold outQ3 24: 21 bought or addedQ3 24: 14 cut or sold outQ3 24Q4 24: 25 bought or addedQ4 24: 14 cut or sold outQ1 25: 26 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 22 bought or addedQ2 25: 20 cut or sold outQ3 25: 143 bought or addedQ3 25: 25 cut or sold outQ3 25Q4 25: 170 bought or addedQ4 25: 74 cut or sold outQ1 26: 161 bought or addedQ1 26: 118 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241715
Q3 20242114
Q4 20242514
Q1 20252619
Q2 20252220
Q3 202514325
Q4 202517074
Q1 2026161118

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300m$400mQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $5.5mQ3 25 puts: $3.7mQ3 25P/C 0.68Q4 25 calls: $341.4mQ4 25 puts: $228.3mQ4 25P/C 0.67Q1 26 calls: $232.6mQ1 26 puts: $142.5mQ1 26P/C 0.61
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$5.5m$3.7m0.68
Q4 2025$341.4m$228.3m0.67
Q1 2026$232.6m$142.5m0.61

Biggest buyers

Helikon Investments Ltd New +1,013,324+1.0m
WESTFIELD CAPITAL MANAGEMENT CO LP Added +312,972+313.0k
Darwin Global Management, Ltd. Added +290,156+290.2k
Eversept Partners, LP Added +276,589+276.6k
Logos Global Management LP Added +275,000+275.0k
STEMPOINT CAPITAL LP Added +235,799+235.8k
BANK OF AMERICA CORP /DE/ Added +213,440+213.4k
JANUS HENDERSON GROUP PLC Added +211,068+211.1k
JPMORGAN CHASE & CO Added +179,143+179.1k
UBS Group AG Added +123,500+123.5k

Biggest sellers

Point72 Asset Management, L.P. Reduced -1,771,418-1.8m
MORGAN STANLEY Reduced -1,447,036-1.4m
DEUTSCHE BANK AG\ Sold out -764,899-764.9k
Paradigm Biocapital Advisors LP Reduced -645,000-645.0k
TCG Crossover Management, LLC Reduced -630,511-630.5k
Cormorant Asset Management, LP Reduced -590,000-590.0k
BVF INC/IL Sold out -508,031-508.0k
Jefferies Financial Group Inc. Reduced -447,172-447.2k
Vestal Point Capital, LP Reduced -400,000-400.0k
FARALLON CAPITAL MANAGEMENT, L.L.C. Reduced -385,000-385.0k

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.

HolderStakeChangeShares Last filed
TCG Crossover GP I, LLC 13G · passive investor -2.1 pts · filed 2026-08-14 7.0% -2.1 pts 6.0m 2026-08-14
Invus Global Management, LLC 13G · passive investor +1.0 pts · filed 2026-08-13 6.0% +1.0 pts 4.8m 2026-08-13

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TCG Crossover Management, LLC 20.65% of their portfolio PALO ALTO, CA 6,481,0856.5m $721.7m $721.7m 20.65% Reduced -630.5k -630,511
2 UBS Group AG 0.09% of their portfolio ZURICH, V8 4,547,4064.5m $506.4m $506.4m 0.09% Added +123.5k +123,500
3 Darwin Global Management, Ltd. 9.34% of their portfolio ST. HELIER, Y9 3,468,6573.5m $352.1m $352.1m 9.34% Added +290.2k +290,156
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,704,9581.7m $189.8m $189.8m 0.01% Reduced -1.4m -1,447,036
5 Vestal Point Capital, LP 4.67% of their portfolio NEW YORK, NY 1,500,0001.5m $167.0m $167.0m 4.67% Reduced -400.0k -400,000
6 Caligan Partners LP 11.51% of their portfolio NEW YORK, NY 1,461,9241.5m $162.8m $162.8m 11.51% Added +10.0k +10,000
7 ADAR1 Capital Management, LLC 9.33% of their portfolio AUSTIN, TX 1,394,0191.4m $155.2m $155.2m 9.33% Added +76.7k +76,690
8 WESTFIELD CAPITAL MANAGEMENT CO LP 0.62% of their portfolio BOSTON, MA 1,322,9381.3m $147.3m $147.3m 0.62% Added +313.0k +312,972
9 FMR LLC 0.01% of their portfolio BOSTON, MA 1,286,3731.3m $143.2m $143.2m 0.01% Reduced -79.3k -79,284
10 Helikon Investments Ltd 4.26% of their portfolio LONDON, X0 1,013,3241.0m $112.8m $112.8m 4.26% New
11 Eversept Partners, LP 6.86% of their portfolio NEW YORK, NY 934,423934.4k $104.0m $104.0m 6.86% Added +276.6k +276,589
12 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 878,829878.8k $98.0m $98.0m 0.05% Added +211.1k +211,068
13 BAKER BROS. ADVISORS LP 0.56% of their portfolio NEW YORK, NY 875,796875.8k $97.5m $97.5m 0.56% Unchanged
14 LORD, ABBETT & CO. LLC 0.31% of their portfolio JERSEY CITY, NJ 854,920854.9k $95.2m $95.2m 0.31% Added +5.2k +5,188
15 Paradigm Biocapital Advisors LP 1.76% of their portfolio NEW YORK, NY 772,473772.5k $86.0m $86.0m 1.76% Reduced -645.0k -645,000
16 Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 7.23% of their portfolio WARSZAWA, R9 765,915765.9k $85.3m $85.3m 7.23% Added +73.9k +73,942
17 Cormorant Asset Management, LP 4.27% of their portfolio BOSTON, MA 760,000760.0k $84.6m $84.6m 4.27% Reduced -590.0k -590,000
18 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 735,729735.7k $81.9m $81.9m 0.01% Added +213.4k +213,440
19 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 691,670691.7k $77.0m $77.0m 0.01% Added +40.0k +40,026
20 Octagon Capital Advisors LP 8.34% of their portfolio NEW YORK, NY 677,000677.0k $75.4m $75.4m 8.34% Reduced -79.0k -79,000
21 Logos Global Management LP 3.87% of their portfolio San Francisco, CA 675,000675.0k $75.2m $75.2m 3.87% Added +275.0k +275,000
22 Point72 Asset Management, L.P. 0.12% of their portfolio STAMFORD, CT 637,736637.7k $71.0m $71.0m 0.12% Reduced -1.8m -1,771,418
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 635,066635.1k $64.5m $64.5m 0.00% Added +179.1k +179,143
24 Ensign Peak Advisors, Inc 0.13% of their portfolio SALT LAKE CITY, UT 631,838631.8k $70.4m $70.4m 0.13% Added +113.5k +113,491
25 STEMPOINT CAPITAL LP 6.77% of their portfolio NEW YORK, NY 627,582627.6k $69.9m $69.9m 6.77% Added +235.8k +235,799
26 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 605,992606.0k $67.5m $67.5m 0.05% Reduced -135.1k -135,068
27 Artia Global Partners LP 15.08% of their portfolio MIAMI, FL 600,747600.7k $66.9m $66.9m 15.08% Unchanged
28 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 544,338544.3k $60.6m $60.6m 0.04% Reduced -19.4k -19,409
29 Saturn V Capital Management LP 10.94% of their portfolio AUSTIN, TX 542,696542.7k $60.4m $60.4m 10.94% Reduced -106.5k -106,483
30 BOOTHBAY FUND MANAGEMENT, LLC 1.22% of their portfolio NEW YORK, NY 472,961473.0k $52.7m $52.7m 1.22% Reduced -34.9k -34,920
31 First Turn Management, LLC 5.80% of their portfolio DEL MAR, CA 465,869465.9k $51.9m $51.9m 5.80% Added +84.6k +84,636
32 ORBIMED ADVISORS LLC 1.13% of their portfolio New York, NY 465,700465.7k $51.9m $51.9m 1.13% Added +97.8k +97,800
33 Aberdeen Group plc 0.08% of their portfolio EDINBURGH, X0 431,241431.2k $48.0m $48.0m 0.08% Added +4.6k +4,583
34 BlackRock, Inc. 0.00% of their portfolio New York, NY 427,335427.3k $47.6m $47.6m 0.00% Reduced -9.4k -9,378
35 Affinity Asset Advisors, LLC 2.64% of their portfolio NEW YORK, NY 405,000405.0k $45.1m $45.1m 2.64% Reduced -100.0k -100,000
36 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio Boston, MA 400,539400.5k $44.6m $44.6m 0.07% Reduced -149.5k -149,461
37 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 382,830382.8k $42.6m $42.6m 0.01% Reduced -66.3k -66,291
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 381,282381.3k $42.5m $42.5m 0.05% Reduced -373.6k -373,554
39 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 348,797348.8k $38.8m $38.8m 0.01% Added +85.3k +85,264
40 PERCEPTIVE ADVISORS LLC 0.72% of their portfolio NEW YORK, NY 328,884328.9k $36.6m $36.6m 0.72% Reduced -129.5k -129,459
41 EVENTIDE ASSET MANAGEMENT, LLC 0.59% of their portfolio Boston, MA 320,576320.6k $35.7m $35.7m 0.59% Reduced -7.3k -7,335
42 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 312,274312.3k $34.8m $34.8m 0.02% Added +94.4k +94,384
43 SILVERARC CAPITAL MANAGEMENT, LLC 3.97% of their portfolio BOSTON, MA 302,530302.5k $33.7m $33.7m 3.97% Reduced -119.7k -119,663
44 Holocene Advisors, LP 0.07% of their portfolio New York, NY 258,657258.7k $28.8m $28.8m 0.07% Unchanged
45 Vivo Capital, LLC 2.22% of their portfolio Palo Alto, CA 239,539239.5k $26.7m $26.7m 2.22% Reduced -119.8k -119,766
46 Woodline Partners LP 0.10% of their portfolio San Francisco, CA 225,892225.9k $25.2m $25.2m 0.10% Unchanged
47 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 213,689213.7k $23.8m $23.8m 0.05% Reduced -144.6k -144,633
48 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 210,534210.5k $23.4m $23.4m 0.02% Added +82.6k +82,627
49 READYSTATE ASSET MANAGEMENT LP 1.31% of their portfolio CHICAGO, IL 202,022202.0k $22.5m $22.5m 1.31% Added +106.3k +106,293
50 Boxer Capital Management, LLC 2.92% of their portfolio San Diego, CA 200,000200.0k $22.3m $22.3m 2.92% Added +75.0k +75,000
51 Creek Drive Management Group LLC 10.82% of their portfolio SAN FRANCISCO, CA 155,000155.0k $17.3m $17.3m 10.82% Added +51.5k +51,500
52 Evergreen Quality Fund GP, Ltd. 0.37% of their portfolio GRAND CAYMAN, E9 144,300144.3k $16.1m $16.1m 0.37% Reduced -80.0k -80,000
53 ExodusPoint Capital Management, LP 0.16% of their portfolio NEW YORK, NY 140,262140.3k $15.6m $15.6m 0.16% Reduced -75.0k -75,011
54 Hudson Bay Capital Management LP 0.09% of their portfolio STAMFORD, CT 139,379139.4k $15.5m $15.5m 0.09% Reduced -68.8k -68,840
55 Nantahala Capital Management, LLC 0.95% of their portfolio NEW CANAAN, CT 137,237137.2k $15.3m $15.3m 0.95% Reduced -16.0k -15,998
56 Sio Capital Management, LLC 2.18% of their portfolio NEW YORK, NY 135,800135.8k $15.1m $15.1m 2.18% Added +92.7k +92,676
57 Squadron Capital Management LLC 5.79% of their portfolio OAK BROOK, IL 130,000130.0k $14.5m $14.5m 5.79% Reduced -15.0k -15,000
58 NAN FUNG TRINITY (HK) LTD 1.58% of their portfolio CENTRAL, HONG KONG, K3 128,940128.9k $14.4m $14.4m 1.58% Added +15.6k +15,575
59 Apis Capital Advisors, LLC 2.21% of their portfolio New York, NY 128,800128.8k $14.3m $14.3m 2.21% Added +39.8k +39,800
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 126,420126.4k $14.1m $14.1m 0.00% Added +1.0k +1,017
61 Patient Square Capital LP 2.40% of their portfolio MENLO PARK, CA 121,245121.2k $13.5m $13.5m 2.40% Reduced -8.8k -8,755
62 HighVista Strategies LLC 3.48% of their portfolio BOSTON, MA 113,254113.3k $12.6m $12.6m 3.48% Added +41.1k +41,069
63 TimesSquare Capital Management, LLC 0.21% of their portfolio NEW YORK, NY 109,183109.2k $12.2m $12.2m 0.21% Reduced -20.2k -20,201
64 FEDERATED HERMES, INC. 0.02% of their portfolio PITTSBURGH, PA 108,200108.2k $12.0m $12.0m 0.02% Unchanged
65 MPM BIOIMPACT LLC 0.92% of their portfolio BOSTON, MA 107,268107.3k $11.9m $11.9m 0.92% Added +51.0k +50,952
66 IMC-Chicago, LLC 0.18% of their portfolio CHICAGO, IL 106,143106.1k $11.8m $11.8m 0.18% Added +89.6k +89,624
67 Prosight Management, LP 1.92% of their portfolio DALLAS, TX 105,000105.0k $11.7m $11.7m 1.92% Added +88.0k +88,000
68 FINDELL CAPITAL MANAGEMENT LLC 3.44% of their portfolio New York, NY 105,000105.0k $11.7m $11.7m 3.44% Added +57.0k +57,000
69 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 103,545103.5k $11.2m $11.2m 0.01% Reduced -20.9k -20,904
70 TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio STAMFORD, CT 101,611101.6k $11.3m $11.3m 0.06% Added +73.1k +73,075
71 Kite Lake Capital Management (UK) LLP 11.23% of their portfolio LONDON, X0 100,000100.0k $11.1m $11.1m 11.23% Not comparable
72 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 94,22094.2k $10.5m $10.5m 0.01% Added +7.1k +7,067
73 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 94,14194.1k $10.5m $10.5m 0.01% Reduced -329.1k -329,116
74 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 90,77590.8k $10.1m $10.1m 0.00% Reduced -218.0k -218,014
75 Nicholas Investment Partners, LP 0.72% of their portfolio RANCHO SANTA FE, CA 90,20690.2k $10.0m $10.0m 0.72% Added +7.1k +7,138
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 83,03183.0k $9.2m $9.2m 0.00% Added +15.4k +15,366
77 ODDO BHF ASSET MANAGEMENT SAS 0.36% of their portfolio PARIS, I0 81,49681.5k $9.1m $9.1m 0.36% Added +2.1k +2,146
78 ANDERA PARTNERS 4.92% of their portfolio PARIS, I0 78,12578.1k $8.7m $8.7m 4.92% Unchanged
79 Davern Capital Partners, LP 2.39% of their portfolio NY, NY 78,12578.1k $8.7m $8.7m 2.39% Added +29.6k +29,623
80 Velan Capital Investment Management LP 5.37% of their portfolio ALPHARETTA, GA 77,00077.0k $8.6m $8.6m 5.37% Added +10.0k +10,000
81 LMR Partners LLP 0.08% of their portfolio LONDON, X0 76,55276.6k $8.5m $8.5m 0.08% Reduced -18.0k -18,000
82 DIADEMA PARTNERS LP 3.39% of their portfolio MORRISTOWN, NJ 75,94475.9k $8.2m $8.2m 3.39% Added +300 +300
83 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 75,36675.4k $8.4m $8.4m 0.00% Added +12.5k +12,524
84 Voleon Capital Management LP 0.18% of their portfolio BERKELEY, CA 73,72673.7k $8.2m $8.2m 0.18% Reduced -31.7k -31,660
85 ACT CAPITAL MANAGEMENT, LLC 6.20% of their portfolio WAYNE, PA 70,90070.9k $7.9m $7.9m 6.20% Added +7.0k +7,000
86 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 65,54865.5k $7.3m $7.3m 0.01% Added +1.6k +1,646
87 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 65,27365.3k $7.3m $7.3m 0.01% Added +800 +800
88 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 59,20959.2k $6.6m $6.6m 0.00% Added +13.5k +13,541
89 Ikarian Capital, LLC 0.89% of their portfolio DALLAS, TX 57,63557.6k $6.2m $6.2m 0.89% Reduced -148.3k -148,350
90 Centiva Capital, LP 0.30% of their portfolio New York, NY 57,15057.1k $6.4m $6.4m 0.30% New
91 SAMSARA BIOCAPITAL, LLC 0.61% of their portfolio PALO ALTO, CA 56,58156.6k $6.3m $6.3m 0.61% Reduced -18.9k -18,861
92 K2 PRINCIPAL FUND, L.P. 0.63% of their portfolio TORONTO, A6 53,74153.7k $6.0m $6.0m 0.63% Added +31.2k +31,241
93 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 51,31251.3k $5.7m $5.7m 0.00% Added +1.4k +1,379
94 Militia Capital Management LLC 0.43% of their portfolio AUSTIN, TX 51,00051.0k $5.7m $5.7m 0.43% First filing
95 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,55050.5k $5.6m $5.6m 0.00% Added +33.0k +32,950
96 SEVEN GRAND MANAGERS, LLC 0.37% of their portfolio BRONXVILLE, NY 50,00050.0k $5.6m $5.6m 0.37% New
97 Erste Asset Management GmbH 0.05% of their portfolio VIENNA, C4 50,00050.0k $5.1m $5.1m 0.05% Unchanged
98 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 49,51649.5k $5.5m $5.5m 0.01% Added +24.7k +24,710
99 Trexquant Investment LP 0.04% of their portfolio STAMFORD, CT 48,74948.7k $5.4m $5.4m 0.04% Added +5.0k +4,981
100 Catalio Capital Management, LP 1.10% of their portfolio NEW YORK, NY 47,19347.2k $5.3m $5.3m 1.10% Reduced -51.3k -51,321