AKEBIA THERAPEUTICS INC AKBA
COM · Common Stock · CUSIP 00972D105 · ISIN US00972D1054
Company in Cambridge, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersWaltham, MA
- Founded2007
- Websiteakebia.com
- 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 ($547.9k this quarter). Holder counts are more reliable. Shares outstanding: 236.2m as of 2025-03-10, 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 ≈ $2.13. Options: 6 managers hold calls ($654.0k notional), 6 hold puts ($1.2m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 91 |
| Q4 2022 | 75 |
| Q1 2023 | 66 |
| Q2 2023 | 80 |
| Q3 2023 | 77 |
| Q4 2023 | 88 |
| Q1 2024 | 115 |
| Q2 2024 | 104 |
| Q3 2024 | 115 |
| Q4 2024 | 123 |
| Q1 2025 | 145 |
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 2023 | 31 | 29 |
| Q3 2023 | 25 | 31 |
| Q4 2023 | 36 | 24 |
| Q1 2024 | 66 | 37 |
| Q2 2024 | 53 | 54 |
| Q3 2024 | 55 | 40 |
| Q4 2024 | 67 | 34 |
| Q1 2025 | 90 | 31 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $1.1m | $510.0k | 0.46 |
| Q3 2024 | $910.2k | $471.7k | 0.52 |
| Q4 2024 | $335.1k | $768.8k | 2.29 |
| Q1 2025 | $654.0k | $1.2m | 1.82 |
Biggest buyers
| GREAT POINT PARTNERS LLC | New | +5.0m |
| AIGH Capital Management LLC | New | +2.9m |
| FRANKLIN RESOURCES INC | Added | +2.5m |
| Woodline Partners LP | New | +2.5m |
| CITADEL ADVISORS LLC | Added | +2.3m |
| Nantahala Capital Management, LLC | New | +2.0m |
| VANGUARD GROUP INC | Added | +1.8m |
| Informed Momentum Co LLC | New | +1.8m |
| GOLDMAN SACHS GROUP INC | Added | +1.7m |
| Affinity Asset Advisors, LLC | New | +1.5m |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -168.6k |
| Qube Research & Technologies Ltd | Reduced | -123.1k |
| TD Waterhouse Canada Inc. | Reduced | -98.3k |
| BARCLAYS PLC | Reduced | -67.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -62.0k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -57.1k |
| B. Riley Wealth Advisors, Inc. | Sold out | -43.4k |
| TWO SIGMA SECURITIES, LLC | Sold out | -40.8k |
| JANE STREET GROUP, LLC | Reduced | -28.8k |
| SG Americas Securities, LLC | Reduced | -27.7k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $454.7k236.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $95.8k49.9k shares |
| CITADEL ADVISORS LLC | Added | $71.0k37.0k shares |
| JANE STREET GROUP, LLC | New | $22.5k11.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.0k5.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $374.0k195.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $298.8k155.6k shares |
| CITADEL ADVISORS LLC | Added | $285.5k148.7k shares |
| GROUP ONE TRADING LLC | Added | $201.8k105.1k shares |
| JANE STREET GROUP, LLC | New | $29.4k15.3k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-01-21 | 7.2% |
Fell to 5% or below in the last year: STATE STREET CORP (4.3%, 2026-05-12), VANGUARD GROUP INC (0.0%, 2026-03-26)
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 4 | $261.6k | — |
| Q3 2023 | 0 | — | 1 | $31.0k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 4 | $324.6k | $24.0k |
| Q2 2024 | 0 | — | 2 | $59.0k | $59.0k |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 4 | $687.2k | $687.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-03 | Butler John P. CEO and President, director | Sold plan | $84.9k46.4k shares |
| 2025-03-03 | Burke Steven Keith SVP, Chief Medical Officer | Sold plan | $13.1k7.1k shares |
| 2025-02-03 | Butler John P. CEO and President, director | Sold plan | $302.9k144.2k shares |
| 2025-02-03 | Grund Nicholas Chief Commercial Officer | Sold plan | $116.8k55.6k shares |
| 2025-02-03 | Burke Steven Keith SVP, Chief Medical Officer | Sold plan | $106.1k50.5k shares |
| 2025-02-03 | Malabre Richard C SVP, Chief Accounting Officer | Sold plan | $63.4k30.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 15.3m $29.4m | Added +234.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 12.7m $24.4m | Added +1.8m |
| STATE STREET CORP 0.00% of their portfolio | 6.8m $13.1m | Added +501.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 5.0m $9.7m | Added +235.6k |
| GREAT POINT PARTNERS LLC 5.19% of their portfolio | 5.0m $9.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 4.0m $7.7m | Added +182.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 3.6m $7.0m | Added +2.3m |
| AIGH Capital Management LLC 2.91% of their portfolio | 2.9m $5.6m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $5.2m | Added +1.7m |
| MORGAN STANLEY 0.00% of their portfolio | 2.7m $5.1m | Added +891.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 2.7m $5.1m | Added +2.5m |
| Woodline Partners LP 0.03% of their portfolio | 2.5m $4.8m | New |
| Nantahala Capital Management, LLC 0.32% of their portfolio | 2.0m $3.8m | New |
| Informed Momentum Co LLC 0.59% of their portfolio | 1.8m $3.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $3.3m | Added +25.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 1.6m $3.0m | Added +350.6k |
| Monashee Investment Management LLC 0.34% of their portfolio | 1.5m $2.9m | New |
| Affinity Asset Advisors, LLC 0.45% of their portfolio | 1.5m $2.9m | New |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 1.2m $2.4m | Added +971.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.2m $2.3m | Added +1.0m |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 1.1m $2.1m | Reduced -123.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 969.8k $1.9m | Reduced -57.1k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 913.4k $1.8m | Reduced -554 |
| FMR LLC 0.00% of their portfolio | 872.5k $1.7m | Added +125.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 741.2k $1.4m | Added +284.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 687.3k $1.3m | Added +101.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 666.6k $1.3m | Added +164.4k |
| AXA S.A. 0.00% of their portfolio | 627.9k $1.2m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 622.9k $1.2m | Added +36.2k |
| UBS Group AG 0.00% of their portfolio | 592.4k $1.1m | Added +241.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 535.4k $1.0m | Added +409.8k |
| Longaeva Partners L.P. 0.54% of their portfolio | 500.0k $960.0k | First filing |
| Bank of New York Mellon Corp 0.00% of their portfolio | 493.6k $947.7k | Reduced -4.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 481.9k $925.3k | Reduced -62.0k |
| Nuveen, LLC 0.01% of their portfolio | 350.4k $20.5m | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 308.1k $591.6k | Reduced -67.4k |
| CITIGROUP INC 0.00% of their portfolio | 306.0k $587.5k | Added +69.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 282.1k $541.6k | Added +16.7k |
| Invesco Ltd. 0.00% of their portfolio | 260.6k $500.4k | Added +140.0k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 237.6k $456.1k | Reduced -168.6k |
| Creative Planning 0.00% of their portfolio | 229.7k $441.0k | Added +63.4k |
| Diametric Capital, LP 0.48% of their portfolio | 211.3k $405.7k | Added +123.2k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 206.6k $396.7k | Added +26.9k |
| Maven Securities LTD 0.08% of their portfolio | 200.0k $384.0k | New |
| SAPIENT CAPITAL LLC 0.01% of their portfolio | 200.0k $384.0k | Unchanged |
| Exome Asset Management LLC 0.33% of their portfolio | 189.1k $363.0k | Reduced -16.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 177.0k $339.8k | Added +20.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 175.0k $336.1k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 173.4k $333.0k | Reduced -28.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 161.1k $309.3k | Reduced -19.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 153.4k $295.0k | Added +15.5k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 138.5k $265.0k | Added +9.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 137.9k $264.7k | Added +11.5k |
| Alyeska Investment Group, L.P. 0.00% of their portfolio | 134.3k $257.8k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 130.3k $250.2k | Added +37.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 130.1k $249.8k | Added +7.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 129.7k $249.1k | Reduced -13.4k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 127.4k $244.5k | Added +9.2k |
| HighTower Advisors, LLC 0.00% of their portfolio | 126.1k $242.1k | Added +32.8k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 118.2k $226.9k | Added +14.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 113.2k $217.4k | Added +49.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 108.2k $207.7k | Reduced -2.8k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 106.1k $203.7k | Added +2.7k |
| Verition Fund Management LLC 0.00% of their portfolio | 104.3k $200.3k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 89.0k $171.0k | Reduced -27.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 73.8k $141.7k | Reduced -1.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 73.2k $140.5k | Reduced -9.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 70.8k $134.9k | Added +829 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 64.6k $124.1k | Added +170 |
| Private Advisor Group, LLC 0.00% of their portfolio | 61.8k $118.7k | Unchanged |
| State of Wyoming 0.02% of their portfolio | 59.2k $113.7k | New |
| Orchard Capital Management, LLC 0.07% of their portfolio | 53.5k $102.7k | Reduced -7.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 52.3k $100.4k | Reduced -25.4k |
| LPL Financial LLC 0.00% of their portfolio | 51.8k $99.4k | Added +9.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 50.9k $97.8k | Added +6.2k |
| CWA Asset Management Group, LLC 0.00% of their portfolio | 49.0k $94.1k | Unchanged |
| CIBC WORLD MARKETS CORP 0.00% of their portfolio | 48.0k $92.3k | Added +28.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 47.8k $91.7k | First filing |
| ProShare Advisors LLC 0.00% of their portfolio | 46.9k $90.0k | Reduced -11.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 46.7k $89.0k | New |
| XTX Topco Ltd 0.00% of their portfolio | 46.0k $88.3k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 45.0k $86.5k | New |
| PDS Planning, Inc 0.01% of their portfolio | 45.0k $86.4k | Added +30.0k |
| PROFUND ADVISORS LLC 0.00% of their portfolio | 44.9k $86.2k | Added +7.3k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 41.8k $80.3k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 38.4k $73.7k | Added +25.9k |
| Mariner, LLC 0.00% of their portfolio | 37.8k $72.5k | Added +22.8k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 32.7k $62.7k | Added +20.0k |
| WEALTH EFFECTS LLC 0.03% of their portfolio | 32.0k $61.4k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 27.3k $52.1k | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 26.7k $51.2k | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 25.3k $48.5k | Reduced -417 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 25.1k $48.0k | Added +2.1k |
| Arax Advisory Partners 0.00% of their portfolio | 24.8k $47.6k | Added +11.1k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 21.4k $41.1k | Added +4.0k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 20.4k $39.1k | Unchanged |
| NICOLET ADVISORY SERVICES, LLC 0.00% of their portfolio | 20.0k $31.0k | Unchanged |
| E Fund Management Co., Ltd. 0.00% of their portfolio | 19.3k $37.1k | Added +6.6k |
| Legal & General Group Plc 0.00% of their portfolio | 18.5k $35.5k | Added +352 |
| US BANCORP \DE\ 0.00% of their portfolio | 17.7k $34.0k | Added +81 |