Vault-13

ARGENX SE ARGX

SPONSORED ADR · ADR · CUSIP 04016X101 · ISIN US04016X1019

273 institutional holders +2 vs Q4 2022
36,566,18736.6m shares reported held*
$13.6bnreported value*
32 new 91 added 111 reduced 28 sold out net bought ≈ $2.2bn (+5.8m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $372.52. Options: 15 managers hold calls ($208.4m notional), 14 hold puts ($162.6m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 255Q4 22: 271Q1 23: 273273Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022255
Q4 2022271
Q1 2023273

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 114 bought or addedQ4 22: 139 cut or sold outQ4 22Q1 23: 123 bought or addedQ1 23: 139 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022114139
Q1 2023123139

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 22 calls: $77.6mQ3 22 puts: $45.3mQ3 22P/C 0.58Q4 22 calls: $108.3mQ4 22 puts: $72.4mQ4 22P/C 0.67Q1 23 calls: $208.4mQ1 23 puts: $162.6mQ1 23P/C 0.78
Numbers
QuarterCallsPutsP/C
Q3 2022$77.6m$45.3m0.58
Q4 2022$108.3m$72.4m0.67
Q1 2023$208.4m$162.6m0.78

Biggest buyers

FMR LLC Added +5,257,827+5.3m
JANUS HENDERSON GROUP PLC Added +820,090+820.1k
Artisan Partners Limited Partnership Added +416,813+416.8k
Capital World Investors Added +316,562+316.6k
BANK OF AMERICA CORP /DE/ Added +193,353+193.4k
STATE STREET CORP Added +129,396+129.4k
SEI INVESTMENTS CO Added +95,489+95.5k
Paradigm Biocapital Advisors LP Added +91,616+91.6k
MILLENNIUM MANAGEMENT LLC Added +82,894+82.9k
Hudson Bay Capital Management LP New +82,542+82.5k

Biggest sellers

JENNISON ASSOCIATES LLC Reduced -344,926-344.9k
Avidity Partners Management LP Reduced -344,300-344.3k
Holocene Advisors, LP Reduced -174,870-174.9k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -135,703-135.7k
T. Rowe Price Investment Management, Inc. Reduced -120,112-120.1k
BAMCO INC /NY/ Reduced -115,331-115.3k
CITADEL ADVISORS LLC Reduced -95,564-95.6k
BlackRock Inc. Reduced -90,579-90.6k
Assenagon Asset Management S.A. Reduced -88,285-88.3k
MORGAN STANLEY Reduced -83,824-83.8k

Biggest calls

Holocene Advisors, LP New $79.5m213.3k shares
JPMORGAN CHASE & CO Added $39.2m105.3k shares
GROUP ONE TRADING LLC Added $28.1m75.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.8m45.2k shares
Optiver Holding B.V. Reduced $16.7m44.9k shares
CITADEL ADVISORS LLC Added $14.2m38.2k shares
Caption Management, LLC New $5.4m14.5k shares
SIMPLEX TRADING, LLC Reduced $3.9m10.6k shares
JANE STREET GROUP, LLC Added $1.7m4.5k shares
UBS Group AG New $1.1m3.0k shares

Biggest puts

Deep Track Capital, LP New $37.3m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.9m93.7k shares
Caption Management, LLC New $24.6m66.0k shares
CITADEL ADVISORS LLC Added $18.7m50.3k shares
JPMORGAN CHASE & CO New $14.8m39.8k shares
GROUP ONE TRADING LLC Added $8.3m22.2k shares
Optiver Holding B.V. Reduced $7.7m20.6k shares
SIMPLEX TRADING, LLC Added $6.7m18.1k shares
Walleye Trading LLC Added $4.1m10.9k shares
Walleye Capital LLC Added $2.7m7.3k 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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: PRICE T ROWE ASSOCIATES INC /MD/ (4.3%, 2026-08-14)

Insider purchases and sales in Q1 2023

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 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.18% of their portfolio BOSTON, MA 10,466,99610.5m $3.9bn $3.9bn 0.18% Added +5.3m +5,257,827
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.21% of their portfolio BALTIMORE, MD 3,823,9833.8m $1.4bn $1.4bn 0.21% Reduced -135.7k -135,703
3 Artisan Partners Limited Partnership 1.87% of their portfolio Milwaukee, WI 3,032,2283.0m $1.1bn $1.1bn 1.87% Added +416.8k +416,813
4 JANUS HENDERSON GROUP PLC 0.44% of their portfolio LONDON, X0 1,794,8101.8m $668.7m $668.7m 0.44% Added +820.1k +820,090
5 Avoro Capital Advisors LLC 7.12% of their portfolio NEW YORK, NY 1,287,5001.3m $479.7m $479.7m 7.12% Added +21.9k +21,945
6 JENNISON ASSOCIATES LLC 0.39% of their portfolio NEW YORK, NY 1,137,9661.1m $424.0m $424.0m 0.39% Reduced -344.9k -344,926
7 T. Rowe Price Investment Management, Inc. 0.30% of their portfolio BALTIMORE, MD 1,106,7551.1m $412.4m $412.4m 0.30% Reduced -120.1k -120,112
8 Capital World Investors 0.08% of their portfolio LOS ANGELES, CA 1,057,4961.1m $394.0m $394.0m 0.08% Added +316.6k +316,562
9 Bellevue Group AG 4.80% of their portfolio ZURICH, V8 886,928886.9k $330.5m $330.5m 4.80% Reduced -24.2k -24,172
10 BlackRock Inc. 0.01% of their portfolio New York, NY 670,670670.7k $249.9m $249.9m 0.01% Reduced -90.6k -90,579
11 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 546,506546.5k $203.6m $203.6m 0.02% Reduced -83.8k -83,824
12 RTW INVESTMENTS, LP 3.74% of their portfolio NEW YORK, NY 482,195482.2k $179.7m $179.7m 3.74% Unchanged
13 PICTET ASSET MANAGEMENT SA 0.21% of their portfolio GENEVA 73, V8 440,233440.2k $164.0m $164.0m 0.21% Reduced -9.6k -9,645
14 DEUTSCHE BANK AG\ 0.09% of their portfolio FRANKFURT AM MAIN, 2M 431,234431.2k $160.7m $160.7m 0.09% Reduced -25 -25
15 Rock Springs Capital Management LP 3.11% of their portfolio Baltimore, MD 350,000350.0k $130.4m $130.4m 3.11% Unchanged
16 FEDERATED HERMES, INC. 0.32% of their portfolio PITTSBURGH, PA 346,214346.2k $129.0m $129.0m 0.32% Reduced -32.8k -32,797
17 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.28% of their portfolio Boston, MA 336,396336.4k $125.3m $125.3m 0.28% Added +49.0k +49,000
18 Holocene Advisors, LP 0.63% of their portfolio New York, NY 335,722335.7k $125.1m $125.1m 0.63% Reduced -174.9k -174,870
19 EVENTIDE ASSET MANAGEMENT, LLC 2.25% of their portfolio Boston, MA 328,916328.9k $122.5m $122.5m 2.25% Added +49 +49
20 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 297,832297.8k $111.0m $111.0m 0.01% Added +193.4k +193,353
21 Darwin Global Management, Ltd. 29.06% of their portfolio ST. HELIER, Y9 285,198285.2k $106.3m $106.3m 29.06% Reduced -12.5k -12,503
22 Avidity Partners Management LP 3.47% of their portfolio DALLAS, TX 280,700280.7k $104.6m $104.6m 3.47% Reduced -344.3k -344,300
23 BAKER BROS. ADVISORS LP 0.57% of their portfolio NEW YORK, NY 280,159280.2k $104.4m $104.4m 0.57% Unchanged
24 SEI INVESTMENTS CO 0.18% of their portfolio OAKS, PA 266,874266.9k $99.4m $99.4m 0.18% Added +95.5k +95,489
25 LORD, ABBETT & CO. LLC 0.18% of their portfolio JERSEY CITY, NJ 263,386263.4k $98.1m $98.1m 0.18% Reduced -26.6k -26,584
26 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 258,276258.3k $96.2m $96.2m 0.02% Added +37.6k +37,607
27 BAMCO INC /NY/ 0.28% of their portfolio NEW YORK, NY 248,955249.0k $92.8m $92.8m 0.28% Reduced -115.3k -115,331
28 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 246,679246.7k $91.9m $91.9m 0.05% Added +35.6k +35,574
29 ARMISTICE CAPITAL, LLC 1.94% of their portfolio NEW YORK, NY 224,000224.0k $83.5m $83.5m 1.94% Added +54.0k +54,000
30 1832 Asset Management L.P. 0.17% of their portfolio TORONTO, A6 220,200220.2k $82.0m $82.0m 0.17% Reduced -1.0k -1,000
31 AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio KANSAS CITY, MO 206,334206.3k $73.6m $73.6m 0.06% Reduced -6.6k -6,647
32 D. E. Shaw & Co., Inc. 0.12% of their portfolio New York, NY 197,862197.9k $73.7m $73.7m 0.12% Reduced -59.2k -59,165
33 MARSHALL WACE, LLP 0.17% of their portfolio LONDON, X0 187,934187.9k $70.0m $70.0m 0.17% Added +57.3k +57,274
34 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 182,372182.4k $67.9m $67.9m 0.08% Added +82.9k +82,894
35 Paradigm Biocapital Advisors LP 6.40% of their portfolio NEW YORK, NY 181,172181.2k $67.5m $67.5m 6.40% Added +91.6k +91,616
36 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 168,906168.9k $62.9m $62.9m 0.02% Reduced -21.0k -20,974
37 Fiera Capital Corp 0.18% of their portfolio MONTREAL, A8 161,442161.4k $60.2m $60.2m 0.18% Reduced -2.7k -2,719
38 NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio ALBANY, NY 133,190133.2k $49.6m $49.6m 0.07% Added +15.2k +15,246
39 Clearbridge Investments, LLC 0.05% of their portfolio NEW YORK, NY 132,644132.6k $49.4m $49.4m 0.05% Reduced -9.5k -9,545
40 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 132,036132.0k $48.8m $48.8m 0.00% Added +129.4k +129,396
41 Redmile Group, LLC 2.11% of their portfolio LARKSPUR, CA 130,540130.5k $48.6m $48.6m 2.11% Reduced -18.0k -17,977
42 Nicholas Investment Partners, LP 3.36% of their portfolio RANCHO SANTA FE, CA 118,625118.6k $44.2m $44.2m 3.36% Added +52.5k +52,480
43 TD Asset Management Inc 0.05% of their portfolio Toronto, A6 117,070117.1k $43.6m $43.6m 0.05% Reduced -12.0k -12,000
44 PFM Health Sciences, LP 1.80% of their portfolio SAN FRANCISCO, CA 104,732104.7k $39.0m $39.0m 1.80% Unchanged
45 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 99,60099.6k $37.1m $37.1m 0.05% Added +15.5k +15,500
46 Balyasny Asset Management L.P. 0.12% of their portfolio Chicago, IL 97,52597.5k $36.3m $36.3m 0.12% Added +27.1k +27,100
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 96,28396.3k $35.9m $35.9m 0.00% Added +45.7k +45,712
48 TimesSquare Capital Management, LLC 0.51% of their portfolio NEW YORK, NY 93,20593.2k $34.7m $34.7m 0.51% Reduced -37.6k -37,595
49 Tekla Capital Management LLC 1.25% of their portfolio Boston, MA 88,31088.3k $32.9m $32.9m 1.25% Added +4.3k +4,289
50 Hudson Bay Capital Management LP 0.18% of their portfolio STAMFORD, CT 82,54282.5k $30.8m $30.8m 0.18% New
51 Allspring Global Investments Holdings, LLC 0.05% of their portfolio CHARLOTTE, NC 78,73778.7k $29.3m $29.3m 0.05% Added +5.2k +5,236
52 Public Sector Pension Investment Board 0.22% of their portfolio MONTREAL, A8 77,37577.4k $28.8m $28.8m 0.22% Reduced -12.4k -12,358
53 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 77,15777.2k $28.7m $28.7m 0.07% Added +1.0k +1,044
54 Fairmount Funds Management LLC 4.71% of their portfolio WEST CONSHOHOCKEN, PA 73,52673.5k $27.4m $27.4m 4.71% Unchanged
55 Eagle Health Investments LP 4.67% of their portfolio Greenwich, CT 64,40064.4k $24.0m $24.0m 4.67% Added +4.1k +4,100
56 VAN ECK ASSOCIATES CORP 0.05% of their portfolio NEW YORK, NY 59,43259.4k $22.1m $22.1m 0.05% Added +9.9k +9,950
57 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 57,26957.3k $21.3m $21.3m 0.01% Reduced -15.6k -15,558
58 Legal & General Group Plc 0.01% of their portfolio London, X0 51,16551.2k $19.1m $19.1m 0.01% Added +1.8k +1,778
59 AWM Investment Company, Inc. 2.52% of their portfolio NEW YORK, NY 50,00050.0k $18.6m $18.6m 2.52% Unchanged
60 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 48,11848.1k $17.9m $17.9m 0.04% Reduced -27.6k -27,632
61 Assenagon Asset Management S.A. 0.07% of their portfolio SENNINGERBERG, N4 46,93446.9k $17.5m $17.5m 0.07% Reduced -88.3k -88,285
62 PGGM Investments 0.28% of their portfolio ZEIST, P7 44,58644.6k $16.6m $16.6m 0.28% New
63 ORBIMED ADVISORS LLC 0.33% of their portfolio New York, NY 44,50044.5k $16.6m $16.6m 0.33% Added +28.3k +28,300
64 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 39,36339.4k $14.7m $14.7m 0.02% Added +39.3k +39,266
65 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 37,94437.9k $14.1m $14.1m 0.01% Reduced -3.2k -3,178
66 Artia Global Partners LP 5.46% of their portfolio MIAMI, FL 36,40436.4k $13.6m $13.6m 5.46% Reduced -48.8k -48,800
67 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 34,47934.5k $12.8m $12.8m 0.01% Reduced -5.7k -5,664
68 Driehaus Capital Management LLC 0.18% of their portfolio Chicago, IL 33,87033.9k $12.6m $12.6m 0.18% Added +231 +231
69 QVT Financial LP 0.71% of their portfolio New York, NY 32,49832.5k $12.1m $12.1m 0.71% Unchanged
70 ExodusPoint Capital Management, LP 0.13% of their portfolio NEW YORK, NY 31,42931.4k $11.7m $11.7m 0.13% Added +14.0k +13,996
71 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 29,94329.9k $11.2m $11.2m 0.00% Reduced -33.8k -33,776
72 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 27,53327.5k $10.3m $10.3m 0.01% Reduced -95.6k -95,564
73 Decheng Capital Management III (Cayman), LLC 4.12% of their portfolio Grand Cayman, E9 27,42927.4k $10.2m $10.2m 4.12% Added +21.9k +21,900
74 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 26,85426.9k $10.0m $10.0m 0.00% Added +759 +759
75 DCF Advisers, LLC 7.06% of their portfolio MOUNT PLEASANT, SC 25,70025.7k $9.6m $9.6m 7.06% Added +700 +700
76 Senator Investment Group LP 0.51% of their portfolio New York, NY 25,00025.0k $9.3m $9.3m 0.51% Reduced -15.0k -15,000
77 Atika Capital Management LLC 1.43% of their portfolio NEW YORK, NY 24,69524.7k $9.2m $9.2m 1.43% Reduced -2.8k -2,826
78 BRAIDWELL LP 0.30% of their portfolio STAMFORD, CT 24,60024.6k $9.2m $9.2m 0.30% Reduced -24.6k -24,600
79 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 24,29124.3k $9.1m $9.1m 0.00% Added +132 +132
80 Aquilo Capital Management, LLC 5.24% of their portfolio SAN FRANCISCO, CA 24,00024.0k $8.9m $8.9m 5.24% Unchanged
81 Ensign Peak Advisors, Inc 0.02% of their portfolio SALT LAKE CITY, UT 23,74323.7k $8.8m $8.8m 0.02% Unchanged
82 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 21,82021.8k $8.1m $8.1m 0.00% Added +740 +740
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 20,25720.3k $7.5m $7.5m 0.00% Added +567 +567
84 Varma Mutual Pension Insurance Co 0.09% of their portfolio Varma, H9 20,00020.0k $7.5m $7.5m 0.09% New
85 Handelsbanken Fonder AB 0.04% of their portfolio STOCKHOLM, V7 19,20819.2k $7.2m $7.2m 0.04% Reduced -767 -767
86 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 19,15019.1k $7.1m $7.1m 0.04% Added +2.8k +2,820
87 Lombard Odier Asset Management (Switzerland) SA 0.62% of their portfolio PETIT-LANCY, V8 19,02619.0k $7.1m $7.1m 0.62% New
88 PINEBRIDGE INVESTMENTS, L.P. 0.08% of their portfolio NEW YORK, NY 18,57518.6k $6.9m $6.9m 0.08% Added +5.1k +5,142
89 AXA S.A. 0.02% of their portfolio PARIS, I0 17,47617.5k $6.5m $6.5m 0.02% Reduced -46.7k -46,708
90 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 17,39017.4k $6.5m $6.5m 0.01% Unchanged
91 Brookfield Corp /ON/ 0.02% of their portfolio TORONTO, A6 16,81016.8k $6.3m $6.3m 0.02% Reduced -3.5k -3,525
92 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 16,69916.7k $6.2m $6.2m 0.01% Reduced -15.9k -15,904
93 SG Americas Securities, LLC 0.08% of their portfolio NEW YORK, NY 16,56316.6k $6.2m $6.2m 0.08% Reduced -1.9k -1,948
94 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 15,48215.5k $5.8m $5.8m 0.00% Added +294 +294
95 Alyeska Investment Group, L.P. 0.05% of their portfolio CHICAGO, IL 15,00015.0k $5.6m $5.6m 0.05% New
96 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.24% of their portfolio BOSTON, MA 14,70314.7k $5.5m $5.5m 0.24% Reduced -1.4k -1,423
97 Jump Financial, LLC 0.22% of their portfolio Chicago, IL 14,20014.2k $5.3m $5.3m 0.22% Added +8.5k +8,516
98 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 13,69213.7k $5.1m $5.1m 0.00% Added +678 +678
99 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 13,66613.7k $5.1m $5.1m 0.08% Added +1.4k +1,433
100 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 13,58313.6k $5.1m $5.1m 0.00% Reduced -21.0k -20,959