Vault-13

ANIKA THERAPEUTICS INC ANIK

COM · Common Stock · CUSIP 035255108

117 institutional holders +12 vs Q2 2025
12,257,48012.3m shares reported held*
85.0% of all shares outstanding*
$115.2mreported value*
25 new 47 added 26 reduced 12 sold out net sold ≈ $4.2m (-452.1k 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 ($11.1k this quarter). Holder counts are more reliable. Shares outstanding: 14.4m as of 2025-10-29, 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 ≈ $9.40. Options: 1 managers hold calls ($2.8k notional), 2 hold puts ($12.5k).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 123Q4 22: 125Q1 23: 122Q2 23: 118Q3 23: 118Q4 23: 118Q1 24: 121Q2 24: 115Q3 24: 123Q4 24: 110Q1 25: 109Q2 25: 105Q3 25: 117117Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022123
Q4 2022125
Q1 2023122
Q2 2023118
Q3 2023118
Q4 2023118
Q1 2024121
Q2 2024115
Q3 2024123
Q4 2024110
Q1 2025109
Q2 2025105
Q3 2025117

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 58 bought or addedQ4 23: 61 cut or sold outQ1 24: 55 bought or addedQ1 24: 52 cut or sold outQ1 24Q2 24: 48 bought or addedQ2 24: 63 cut or sold outQ3 24: 46 bought or addedQ3 24: 55 cut or sold outQ3 24Q4 24: 51 bought or addedQ4 24: 66 cut or sold outQ1 25: 47 bought or addedQ1 25: 56 cut or sold outQ1 25Q2 25: 53 bought or addedQ2 25: 53 cut or sold outQ3 25: 72 bought or addedQ3 25: 38 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20235861
Q1 20245552
Q2 20244863
Q3 20244655
Q4 20245166
Q1 20254756
Q2 20255353
Q3 20257238

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ4 24 calls: $47.3kQ4 24 puts: $31.3kQ4 24P/C 0.66Q1 25 calls: $33.0kQ1 25 puts: $22.5kQ1 25P/C 0.68Q2 25 calls: $2.1kQ2 25 puts: $4.2kQ2 25P/C 2.00Q3 25 calls: $2.8kQ3 25 puts: $12.5kQ3 25P/C 4.42
Numbers
QuarterCallsPutsP/C
Q4 2024$47.3k$31.3k0.66
Q1 2025$33.0k$22.5k0.68
Q2 2025$2.1k$4.2k2.00
Q3 2025$2.8k$12.5k4.42

Biggest buyers

MORGAN STANLEY Added +286,359+286.4k
BlackRock, Inc. Added +213,476+213.5k
CAPITAL MANAGEMENT CORP /VA Added +142,403+142.4k
TWO SIGMA INVESTMENTS, LP New +79,921+79.9k
ACADIAN ASSET MANAGEMENT LLC Added +57,147+57.1k
D. E. Shaw & Co., Inc. Added +51,236+51.2k
MARSHALL WACE, LLP Added +50,942+50.9k
Assenagon Asset Management S.A. New +45,843+45.8k
Quantinno Capital Management LP Added +45,186+45.2k
Trexquant Investment LP New +44,691+44.7k

Biggest sellers

Opaleye Management Inc. Sold out -588,797-588.8k
Alta Fundamental Advisers LLC Sold out -454,944-454.9k
Trigran Investments, Inc. Reduced -415,296-415.3k
Stonepine Capital Management, LLC Sold out -190,590-190.6k
WELLINGTON MANAGEMENT GROUP LLP Sold out -64,872-64.9k
UBS Group AG Reduced -62,284-62.3k
ROYAL BANK OF CANADA Reduced -50,584-50.6k
MILLENNIUM MANAGEMENT LLC Reduced -46,799-46.8k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -29,177-29.2k
DIMENSIONAL FUND ADVISORS LP Reduced -21,921-21.9k

Biggest calls

GROUP ONE TRADING LLC Added $2.8k300 shares

Biggest puts

GROUP ONE TRADING LLC Added $8.5k900 shares
SIMPLEX TRADING, LLC New $4.0k500 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
Caligan Partners LP 13D · may seek influence no change · filed 2026-01-27 9.9% no change 1.4m≈ $21.0m 2026-01-27
BlackRock, Inc. 13G · institution -3.8 pts · filed 2025-04-17 6.8% -3.8 pts 963.1k≈ $14.1m 2025-04-17

Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (5.0%, 2026-07-31), BlackRock Portfolio Management LLC (4.1%, 2026-07-17; now reported by BlackRock, Inc.), VANGUARD GROUP INC (0.0%, 2026-03-26), Trigran Investments, Inc. (1.2%, 2026-01-08)

Insider purchases and sales in Q3 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.

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,741,7621.7m $16.4m $16.4m 0.00% Added +213.5k +213,476
2 Trigran Investments, Inc. 2.76% of their portfolio NORTHBROOK, IL 1,621,2151.6m $15.2m $15.2m 2.76% Reduced -415.3k -415,296
3 Caligan Partners LP 1.87% of their portfolio NEW YORK, NY 1,435,1301.4m $13.5m $13.5m 1.87% Unchanged
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 780,663780.7k $7.3m $7.3m 0.00% Added +1.2k +1,190
5 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 632,791632.8k $5.9m $5.9m 0.01% Added +57.1k +57,147
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 601,163601.2k $5.7m $5.7m 0.00% Reduced -21.9k -21,921
7 CAPITAL MANAGEMENT CORP /VA 0.81% of their portfolio GLEN ALLEN, VA 551,248551.2k $5.2m $5.2m 0.81% Added +142.4k +142,403
8 BOOTHBAY FUND MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 539,642539.6k $5.1m $5.1m 0.13% Added +10.1k +10,139
9 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 533,017533.0k $5.0m $5.0m 0.01% Added +5.8k +5,800
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 394,741394.7k $3.7m $3.7m 0.00% Added +286.4k +286,359
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 335,681335.7k $3.2m $3.2m 0.00% Added +14.5k +14,470
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 323,378323.4k $3.0m $3.0m 0.00% Reduced -983 -983
13 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 175,315175.3k $1.6m $1.6m 0.00% Added +51.2k +51,236
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 130,809130.8k $1.2m $1.2m 0.00% Added +9.4k +9,422
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 119,112119.1k $1.1m $1.1m 0.00% Added +4.5k +4,481
16 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 109,814109.8k $1.0m $1.0m 0.00% Reduced -9.5k -9,524
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 103,870103.9k $976.4k $976.4k 0.00% Reduced -29.2k -29,177
18 Cove Street Capital, LLC 1.25% of their portfolio El Segundo, CA 101,956102.0k $958.4k $958.4k 1.25% Added +27.9k +27,857
19 GLOBEFLEX CAPITAL L P 0.13% of their portfolio SAN DIEGO, CA 87,60087.6k $823.4k $823.4k 0.13% Unchanged
20 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 86,87486.9k $816.6k $816.6k 0.00% Reduced -46.8k -46,799
21 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 81,29081.3k $764.1k $764.1k 0.00% Unchanged
22 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 79,92179.9k $751.3k $751.3k 0.00% New
23 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 73,72473.7k $693.0k $693.0k 0.00% Added +50.9k +50,942
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 64,97565.0k $610.8k $610.8k 0.00% Added +39.0k +39,030
25 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 58,59458.6k $550.8k $550.8k 0.00% Added +45.2k +45,186
26 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 58,14558.1k $546.6k $546.6k 0.00% Added +14.0k +13,984
27 DIKER MANAGEMENT LLC 0.43% of their portfolio New York, NY 56,83956.8k $534.3k $534.3k 0.43% Unchanged
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 53,72653.7k $505.0k $505.0k 0.00% Added +26.9k +26,915
29 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 52,99453.0k $498.1k $498.1k 0.00% Unchanged
30 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 50,09050.1k $470.8k $470.8k 0.00% Added +3.1k +3,059
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 49,73949.7k $467.5k $467.5k 0.00% Added +26.9k +26,868
32 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 49,46349.5k $465.0k $465.0k 0.00% Reduced -1.4k -1,351
33 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 47,91147.9k $450.4k $450.4k 0.00% Added +3.1k +3,150
34 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 47,01647.0k $441.9k $441.9k 0.00% Added +14.6k +14,589
35 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 45,93845.9k $431.8k $431.8k 0.00% Added +2.9k +2,944
36 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 45,84345.8k $430.9k $430.9k 0.00% New
37 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 44,69144.7k $420.1k $420.1k 0.00% New
38 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 41,74341.7k $392.0k $392.0k 0.03% New
39 PharVision Advisers, LLC 0.22% of their portfolio BOCA RATON, FL 41,38641.4k $389.0k $389.0k 0.22% New
40 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 37,44737.4k $352.0k $352.0k 0.00% New
41 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 36,88336.9k $346.7k $346.7k 0.00% Added +17.8k +17,800
42 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 34,49434.5k $324.2k $324.2k 0.00% Unchanged
43 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 32,98933.0k $310.1k $310.1k 0.00% Reduced -8.4k -8,373
44 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 32,07432.1k $301.5k $301.5k 0.00% Reduced -3.3k -3,316
45 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 30,90030.9k $290.5k $290.5k 0.00% New
46 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 30,37230.4k $285.5k $285.5k 0.00% Unchanged
47 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 30,20030.2k $283.9k $283.9k 0.00% Added +333 +333
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 29,68229.7k $279.0k $279.0k 0.00% Reduced -1.2k -1,180
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,78328.8k $270.6k $270.6k 0.00% Reduced -62.3k -62,284
50 IRONWOOD INVESTMENT MANAGEMENT LLC 0.12% of their portfolio BOSTON, MA 28,19728.2k $265.1k $265.1k 0.12% Reduced -164 -164
51 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 26,13026.1k $245.6k $245.6k 0.00% New
52 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 24,12624.1k $226.8k $226.8k 0.00% Added +7.7k +7,658
53 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 23,42923.4k $220.2k $220.2k 0.00% Added +309 +309
54 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 21,06021.1k $198.0k $198.0k 0.00% Added +1.6k +1,551
55 Nantahala Capital Management, LLC 0.01% of their portfolio NEW CANAAN, CT 20,96121.0k $197.0k $197.0k 0.01% New
56 FMR LLC 0.00% of their portfolio BOSTON, MA 20,74720.7k $195.0k $195.0k 0.00% Reduced -8.3k -8,328
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 20,45020.4k $192.2k $192.2k 0.00% Unchanged
58 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 20,31920.3k $191.0k $191.0k 0.00% Reduced -907 -907
59 Advyzon Investment Management, LLC 0.03% of their portfolio LISLE, IL 20,13620.1k $189.3k $189.3k 0.03% New
60 NOESIS CAPITAL MANGEMENT CORP 0.03% of their portfolio BOCA RATON, FL 19,40019.4k $182.4k $182.4k 0.03% Unchanged
61 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,38319.4k $182.2k $182.2k 0.00% Reduced -8.9k -8,870
62 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 17,50017.5k $164.5k $164.5k 0.00% Unchanged
63 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 17,42817.4k $163.8k $163.8k 0.00% Reduced -4.2k -4,230
64 R Squared Ltd 0.07% of their portfolio HONG KONG, K3 17,20617.2k $161.7k $161.7k 0.07% Added +3.7k +3,661
65 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 15,26315.3k $143.5k $143.5k 0.00% Added +14.0k +13,960
66 Man Group plc 0.00% of their portfolio LONDON, X0 14,77814.8k $138.9k $138.9k 0.00% Added +1.5k +1,510
67 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 13,90013.9k $130.7k $130.7k 0.00% New
68 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 12,77012.8k $120.0k $120.0k 0.01% New
69 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 11,35511.4k $106.7k $106.7k 0.00% New
70 Brooklyn Investment Group 0.02% of their portfolio NEW YORK, NY 10,99011.0k $118.0k $118.0k 0.02% Added +4.0k +4,042
71 Williams & Novak, LLC 0.08% of their portfolio WESTLAKE VILLAGE, CA 10,84010.8k $101.9k $101.9k 0.08% New
72 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,21010.2k $96.0k $96.0k 0.00% Added +1.1k +1,059
73 OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio FORT LAUDERDALE, FL 10,10310.1k $95.0k $95.0k 0.01% New
74 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 8,2758.3k $77.8k $77.8k 0.00% Unchanged
75 Quarry LP 0.02% of their portfolio NEW YORK, NY 7,5587.6k $71.0k $71.0k 0.02% New
76 CWM, LLC 0.00% of their portfolio OMAHA, NE 7,4577.5k $70.0k $70.0k 0.00% Added +6.3k +6,267
77 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 5,8005.8k $54.5k $54.5k 0.00% Reduced -1.0k -1,012
78 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,4233.4k $32.2k $32.2k 0.00% Unchanged
79 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 3,2623.3k $30.7k $30.7k 0.00% Unchanged
80 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 2,5372.5k $23.8k $23.8k 0.00% Added +2.2k +2,229
81 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 2,4642.5k $23.2k $23.2k 0.00% Added +1.1k +1,093
82 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 2,0002.0k $18.8k $18.8k 0.00% Added +1.5k +1,469
83 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,8281.8k $17.2k $17.2k 0.00% Added +1.5k +1,507
84 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,7861.8k $16.8k $16.8k 0.00% Reduced -163 -163
85 AlphaQuest LLC 0.00% of their portfolio New York, NY 1,6071.6k $15.1k $15.1k 0.00% New
86 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,2941.3k $12.2k $12.2k 0.00% Unchanged
87 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,2021.2k $11.3k $11.3k 0.00% Unchanged
88 Legal & General Group Plc 0.00% of their portfolio London, X0 1,0811.1k $10.2k $10.2k 0.00% Unchanged
89 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 980980 $9.2k $9.2k 0.00% Added +1 +1
90 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 860860 $8.1k $8.1k 0.00% Added +563 +563
91 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 809809 $7.6k $7.6k 0.00% Added +163 +163
92 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 554554 $5.0k $5.0k 0.00% Reduced -50.6k -50,584
93 Private Wealth Management Group, LLC 0.00% of their portfolio PRINCETON, NJ 522522 $4.9k $4.9k 0.00% New
94 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 497497 $5.0k $5.0k 0.00% Unchanged
95 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 393393 $3.7k $3.7k 0.00% New
96 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 319319 $3.0k $3.0k 0.00% Added +314 +314
97 BARRETT & COMPANY, INC. 0.00% of their portfolio PROVIDENCE, RI 260260 $2.4k $2.4k 0.00% Unchanged
98 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 218218 $2.0k $2.0k 0.00% New
99 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 213213 $2.0k $2.0k 0.00% Reduced -84 -84
100 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 175175 $1.6k $1.6k 0.00% Reduced -4.0k -4,025