Vault-13

SPYRE THERAPEUTICS INC SYRE

COM NEW · Common Stock · CUSIP 00773J202

Business enterprise in United States of America

131 institutional holders -2 vs Q4 2024
62,116,38962.1m shares reported held*
102.9% of all shares outstanding*
$1.0bnreported value*
19 new 52 added 34 reduced 20 sold out net bought ≈ $37.2m (+2.2m 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 ($36.2k this quarter). Holder counts are more reliable. Shares outstanding: 60.4m as of 2025-05-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $16.17. Options: 4 managers hold calls ($827.2k notional), 4 hold puts ($1.0m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 23: 28Q4 23: 55Q1 24: 103Q2 24: 109Q3 24: 121Q4 24: 133Q1 25: 131131Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202328
Q4 202355
Q1 2024103
Q2 2024109
Q3 2024121
Q4 2024133
Q1 2025131

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 44 bought or addedQ4 23: 7 cut or sold outQ4 23Q1 24: 72 bought or addedQ1 24: 21 cut or sold outQ1 24Q2 24: 74 bought or addedQ2 24: 40 cut or sold outQ2 24Q3 24: 71 bought or addedQ3 24: 40 cut or sold outQ3 24Q4 24: 87 bought or addedQ4 24: 42 cut or sold outQ4 24Q1 25: 71 bought or addedQ1 25: 54 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023447
Q1 20247221
Q2 20247440
Q3 20247140
Q4 20248742
Q1 20257154

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 24 calls: $61.1kQ2 24 puts: $35.3kQ2 24P/C 0.58Q3 24 calls: $17.6kQ3 24 puts: $38.2kQ3 24P/C 2.17Q4 24 calls: $160.6kQ4 24 puts: $79.2kQ4 24P/C 0.49Q1 25 calls: $827.2kQ1 25 puts: $1.0mQ1 25P/C 1.22
Numbers
QuarterCallsPutsP/C
Q2 2024$61.1k$35.3k0.58
Q3 2024$17.6k$38.2k2.17
Q4 2024$160.6k$79.2k0.49
Q1 2025$827.2k$1.0m1.22

Biggest buyers

Capital International Investors New +2,392,541+2.4m
TANG CAPITAL MANAGEMENT LLC New +2,050,000+2.0m
Paradigm Biocapital Advisors LP Added +600,000+600.0k
BANK OF AMERICA CORP /DE/ Added +419,933+419.9k
FMR LLC Added +237,287+237.3k
BlackRock, Inc. Added +173,083+173.1k
UBS Group AG Added +160,046+160.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +141,962+142.0k
STEMPOINT CAPITAL LP New +136,139+136.1k
Woodline Partners LP Added +112,128+112.1k

Biggest sellers

CITADEL ADVISORS LLC Reduced -948,423-948.4k
GOLDMAN SACHS GROUP INC Reduced -550,484-550.5k
Logos Global Management LP Sold out -500,000-500.0k
Boxer Capital Management, LLC Sold out -466,680-466.7k
JANUS HENDERSON GROUP PLC Reduced -415,330-415.3k
Affinity Asset Advisors, LLC Reduced -342,650-342.6k
Ikarian Capital, LLC Sold out -282,159-282.2k
PERCEPTIVE ADVISORS LLC Reduced -261,451-261.5k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -257,908-257.9k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -226,800-226.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $758.6k47.0k shares
CITADEL ADVISORS LLC Reduced $51.6k3.2k shares
SIMPLEX TRADING, LLC New $17.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC New $535.7k33.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $374.4k23.2k shares
CITADEL ADVISORS LLC Added $98.4k6.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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
Fairmount Funds Management LLC 13D · may seek influence no change · filed 2026-10-09 10.0% no change 10.2m≈ $860.2m 2026-10-09
BlackRock, Inc. 13G · institution filed 2025-07-16 6.6% 4.0m≈ $351.8m 2025-07-16
Paradigm Biocapital Advisors LP 13G · passive investor new · filed 2026-10-01 5.1% new 4.5m≈ $395.7m 2026-10-01

Fell to 5% or below in the last year: PERCEPTIVE ADVISORS LLC (4.9%, 2026-08-14), RTW INVESTMENTS, LP (4.8%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27), TANG CAPITAL MANAGEMENT LLC (2.4%, 2026-02-17)

Insider purchases and sales in Q1 2025

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 1 sellingQ3 24Q4 24: 0 buyingQ4 24: 1 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—1$522.0k—
Q4 20240—1$257.2k$257.2k
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.01% of their portfolio BOSTON, MA 9,038,5539.0m $145.8m $145.8m 0.01% Added +237.3k +237,287
2 Fairmount Funds Management LLC 10.06% of their portfolio WEST CONSHOHOCKEN, PA 4,018,1014.0m $64.8m $64.8m 10.06% Unchanged
3 RTW INVESTMENTS, LP 0.89% of their portfolio NEW YORK, NY 3,621,9963.6m $58.4m $58.4m 0.89% Unchanged
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,572,6743.6m $57.6m $57.6m 0.00% Added +173.1k +173,083
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,898,2672.9m $46.8m $46.8m 0.00% Added +51.8k +51,794
6 Driehaus Capital Management LLC 0.42% of their portfolio Chicago, IL 2,717,3122.7m $43.8m $43.8m 0.42% Reduced -86.3k -86,343
7 Venrock Adviser, LLC 3.69% of their portfolio NEW YORK, NY 2,685,4482.7m $43.3m $43.3m 3.69% Unchanged
8 BRAIDWELL LP 1.46% of their portfolio STAMFORD, CT 2,578,4042.6m $41.6m $41.6m 1.46% Unchanged
9 Capital International Investors 0.01% of their portfolio Los Angeles, CA 2,392,5412.4m $38.6m $38.6m 0.01% New
10 PERCEPTIVE ADVISORS LLC 1.32% of their portfolio NEW YORK, NY 2,313,2722.3m $37.3m $37.3m 1.32% Reduced -261.5k -261,451
11 Paradigm Biocapital Advisors LP 1.58% of their portfolio NEW YORK, NY 2,127,2052.1m $34.3m $34.3m 1.58% Added +600.0k +600,000
12 TANG CAPITAL MANAGEMENT LLC 1.83% of their portfolio SAN DIEGO, CA 2,050,0002.0m $33.1m $33.1m 1.83% New
13 Commodore Capital LP 2.36% of their portfolio NEW YORK, NY 1,988,0842.0m $32.1m $32.1m 2.36% Unchanged
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,697,1151.7m $27.4m $27.4m 0.00% Added +16.2k +16,179
15 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,593,6781.6m $25.7m $25.7m 0.00% Reduced -10.8k -10,830
16 Jefferies Financial Group Inc. 0.35% of their portfolio NEW YORK, NY 1,248,8541.2m $20.2m $20.2m 0.35% Added +31.9k +31,900
17 Pictet Asset Management Holding SA 0.02% of their portfolio CAROUGE, V8 1,068,8921.1m $17.2m $17.2m 0.02% Reduced -23.2k -23,232
18 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,059,5631.1m $17.1m $17.1m 0.00% Added +93.4k +93,434
19 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 1,041,4101.0m $18.7m $18.7m 0.01% Reduced -415.3k -415,330
20 Polar Capital Holdings Plc 0.08% of their portfolio London, X0 825,000825.0k $13.3m $13.3m 0.08% Added +75.0k +75,000
21 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 803,200803.2k $13.0m $13.0m 0.02% Reduced -226.8k -226,800
22 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 760,628760.6k $12.3m $12.3m 0.00% Reduced -14 -14
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 552,243552.2k $8.9m $8.9m 0.00% Added +160.0k +160,046
24 EMERALD ADVISERS, LLC 0.40% of their portfolio LEOLA, PA 547,827547.8k $8.8m $8.8m 0.40% Added +1.0k +1,036
25 Blackstone Inc. 0.03% of their portfolio NEW YORK, NY 489,248489.2k $7.9m $7.9m 0.03% Added +40.0k +40,047
26 Affinity Asset Advisors, LLC 1.22% of their portfolio NEW YORK, NY 481,678481.7k $7.8m $7.8m 1.22% Reduced -342.6k -342,650
27 Woodline Partners LP 0.05% of their portfolio San Francisco, CA 464,808464.8k $7.5m $7.5m 0.05% Added +112.1k +112,128
28 DEERFIELD MANAGEMENT COMPANY, L.P. 0.14% of their portfolio New York, NY 450,000450.0k $7.3m $7.3m 0.14% Unchanged
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 427,075427.1k $6.9m $6.9m 0.00% Added +419.9k +419,933
30 EMERALD MUTUAL FUND ADVISERS TRUST 0.45% of their portfolio LEOLA, PA 389,422389.4k $6.3m $6.3m 0.45% Added +3.0k +3,038
31 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 382,636382.6k $6.2m $6.2m 0.00% Added +3.0k +2,986
32 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 379,875379.9k $6.1m $6.1m 0.00% Added +30.9k +30,892
33 Siren, L.L.C. 0.34% of their portfolio New York, NY 368,598368.6k $5.9m $5.9m 0.34% Reduced -5.4k -5,402
34 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 350,774350.8k $5.7m $5.7m 0.00% Reduced -27.8k -27,799
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 335,467335.5k $5.4m $5.4m 0.00% Added +80.2k +80,211
36 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 257,432257.4k $4.2m $4.2m 0.02% Added +142.0k +141,962
37 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 251,846251.8k $4.1m $4.1m 0.00% Reduced -16.2k -16,230
38 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 248,542248.5k $4.0m $4.0m 0.00% Reduced -257.9k -257,908
39 Candriam S.C.A. 0.02% of their portfolio STRASSEN, N4 246,030246.0k $4.0m $4.0m 0.02% Reduced -1.6k -1,561
40 Deep Track Capital, LP 0.11% of their portfolio GREENWICH, CT 219,015219.0k $3.5m $3.5m 0.11% Unchanged
41 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 214,606214.6k $3.5m $3.5m 0.00% Added +91.5k +91,535
42 ARMISTICE CAPITAL, LLC 0.09% of their portfolio NEW YORK, NY 200,000200.0k $3.2m $3.2m 0.09% Unchanged
43 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 197,068197.1k $3.2m $3.2m 0.00% Reduced -550.5k -550,484
44 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 140,129140.1k $2.3m $2.3m 0.00% First filing
45 STEMPOINT CAPITAL LP 0.70% of their portfolio NEW YORK, NY 136,139136.1k $2.2m $2.2m 0.70% New
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 130,884130.9k $2.1m $2.1m 0.00% Reduced -948.4k -948,423
47 SOROS FUND MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 125,000125.0k $2.0m $2.0m 0.04% Reduced -125.0k -125,000
48 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 120,321120.3k $1.9m $1.9m 0.00% Reduced -1.8k -1,832
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 114,240114.2k $1.8m $1.8m 0.00% Added +10.6k +10,552
50 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 108,504108.5k $1.9m $1.9m 0.00% Reduced -5.1k -5,116
51 HighVista Strategies LLC 0.59% of their portfolio BOSTON, MA 95,15995.2k $1.5m $1.5m 0.59% Unchanged
52 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 83,46483.5k $1.3m $1.3m 0.00% Added +9.7k +9,712
53 EFG Asset Management (North America) Corp. 0.22% of their portfolio Portland, OR 82,47282.5k $1.3m $1.3m 0.22% Reduced -346 -346
54 Prosight Management, LP 0.40% of their portfolio DALLAS, TX 74,92174.9k $1.2m $1.2m 0.40% Reduced -5.1k -5,079
55 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 72,01172.0k $1.2m $1.2m 0.00% Added +56.8k +56,780
56 Rafferty Asset Management, LLC 0.00% of their portfolio New York, NY 70,32370.3k $1.1m $1.1m 0.00% Reduced -6.4k -6,417
57 B Group, Inc. 0.98% of their portfolio DALLAS, TX 70,00070.0k $1.1m $1.1m 0.98% Added +20.0k +20,000
58 Swiss National Bank 0.00% of their portfolio ZURICH, V8 68,60068.6k $1.1m $1.1m 0.00% Unchanged
59 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 58,69658.7k $947.1k $947.1k 0.00% Added +35.6k +35,607
60 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 56,02356.0k $903.9k $903.9k 0.00% Reduced -1.6k -1,634
61 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 55,83355.8k $900.9k $900.9k 0.00% First filing
62 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 53,90153.9k $869.7k $869.7k 0.00% Added +1.1k +1,139
63 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 52,13852.1k $841.2k $841.2k 0.00% Added +3.2k +3,157
64 F/m Investments LLC 0.03% of their portfolio WASHINGTON, DC 51,84451.8k $836.5k $836.5k 0.03% Added +3.0k +3,038
65 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 41,55641.6k $670.5k $670.5k 0.00% Added +6.3k +6,308
66 WEXFORD CAPITAL LP 0.16% of their portfolio WEST PALM BEACH, FL 38,29238.3k $617.8k $617.8k 0.16% New
67 Legal & General Group Plc 0.00% of their portfolio London, X0 37,84437.8k $610.6k $610.6k 0.00% Added +354 +354
68 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 36,23036.2k $584.6k $584.6k 0.00% Unchanged
69 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 34,90134.9k $563.1k $563.1k 0.00% Added +3.4k +3,417
70 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 32,59832.6k $526.0k $526.0k 0.00% Unchanged
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 30,03530.0k $484.6k $484.6k 0.00% Added +5.3k +5,317
72 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 28,49928.5k $459.8k $459.8k 0.02% New
73 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 28,48328.5k $459.7k $459.7k 0.00% Reduced -2.9k -2,935
74 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 27,01827.0k $441.8k $441.8k 0.00% Added +4.3k +4,277
75 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio FRANKFORT, KY 25,79925.8k $416.0k $416.0k 0.00% Unchanged
76 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 25,20725.2k $406.7k $406.7k 0.00% Added +5.5k +5,544
77 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 23,73323.7k $382.9k $382.9k 0.00% Added +2.4k +2,351
78 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 22,72622.7k $366.7k $366.7k 0.00% Added +74 +74
79 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 22,36822.4k $360.9k $360.9k 0.00% Reduced -42.6k -42,600
80 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 20,69620.7k $333.9k $333.9k 0.00% Added +10.2k +10,201
81 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 20,42820.4k $329.6k $329.6k 0.00% Added +6.4k +6,385
82 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 19,59519.6k $316.2k $316.2k 0.00% Added +2.4k +2,382
83 NBW CAPITAL LLC 0.07% of their portfolio BOSTON, MA 19,43019.4k $313.5k $313.5k 0.07% Unchanged
84 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 19,43019.4k $313.5k $313.5k 0.00% New
85 Global Endowment Management, LP 0.04% of their portfolio CHARLOTTE, NC 18,18418.2k $293.4k $293.4k 0.04% Unchanged
86 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 16,40116.4k $265.0k $265.0k 0.00% Reduced -899 -899
87 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 15,05515.1k $243.0k $243.0k 0.00% Reduced -1.6k -1,636
88 ADAR1 Capital Management, LLC 0.05% of their portfolio AUSTIN, TX 15,03315.0k $242.6k $242.6k 0.05% New
89 PROFUND ADVISORS LLC 0.01% of their portfolio BETHESDA, MD 14,66214.7k $236.6k $236.6k 0.01% Reduced -200 -200
90 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 12,90312.9k $208.2k $208.2k 0.01% Added +1.1k +1,136
91 China Universal Asset Management Co., Ltd. 0.02% of their portfolio SHANGHAI, F4 12,08712.1k $195.0k $195.0k 0.02% Reduced -353 -353
92 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 11,37811.4k $183.6k $183.6k 0.00% Reduced -1.2k -1,153
93 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 10,26510.3k $165.6k $165.6k 0.00% Unchanged
94 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 10,01710.0k $161.6k $161.6k 0.00% Reduced -98 -98
95 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 8,7678.8k $141.5k $141.5k 0.00% Added +1.4k +1,389
96 KLP KAPITALFORVALTNING AS 0.00% of their portfolio OSLO, Q8 7,8007.8k $125.9k $125.9k 0.00% Unchanged
97 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 7,1227.1k $115.0k $115.0k 0.00% New
98 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 6,8616.9k $110.7k $110.7k 0.03% New
99 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 4,0464.0k $65.3k $65.3k 0.00% Added +654 +654
100 AlphaQuest LLC 0.01% of their portfolio New York, NY 3,1913.2k $51.5k $51.5k 0.01% Added +993 +993