Vault-13

ARGENX SE ARGX

SPONSORED ADR · ADR · CUSIP 04016X101 · ISIN US04016X1019

291 institutional holders +18 vs Q1 2023
31,029,36031.0m shares reported held*
$12.1bnreported value*
50 new 101 added 82 reduced 35 sold out net sold ≈ $2.2bn (-5.7m 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 ($325.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $389.68. Options: 18 managers hold calls ($245.0m notional), 18 hold puts ($410.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 255Q4 22: 271Q1 23: 273Q2 23: 291291Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022255
Q4 2022271
Q1 2023273
Q2 2023291

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 23Q2 23: 151 bought or addedQ2 23: 117 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022114139
Q1 2023123139
Q2 2023151117

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 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 0.78Q2 23 calls: $245.0mQ2 23 puts: $410.6mQ2 23P/C 1.68
Numbers
QuarterCallsPutsP/C
Q3 2022$77.6m$45.3m0.58
Q4 2022$108.3m$72.4m0.67
Q1 2023$208.4m$162.6m0.78
Q2 2023$245.0m$410.6m1.68

Biggest buyers

CITADEL ADVISORS LLC Added +333,055+333.1k
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ New +132,435+132.4k
Capital World Investors Added +124,953+125.0k
LORD, ABBETT & CO. LLC Added +95,342+95.3k
Boxer Capital, LLC New +75,000+75.0k
PRICE T ROWE ASSOCIATES INC /MD/ Added +73,436+73.4k
PERCEPTIVE ADVISORS LLC New +69,000+69.0k
Balyasny Asset Management L.P. Added +61,993+62.0k
Sofinnova Investments, Inc. New +39,921+39.9k
Clearbridge Investments, LLC Added +36,826+36.8k

Biggest sellers

FMR LLC Reduced -5,411,253-5.4m
DEUTSCHE BANK AG\ Reduced -277,059-277.1k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -183,600-183.6k
Redmile Group, LLC Sold out -130,540-130.5k
STATE STREET CORP Reduced -129,644-129.6k
Avidity Partners Management LP Reduced -96,400-96.4k
BANK OF AMERICA CORP /DE/ Reduced -93,972-94.0k
PICTET ASSET MANAGEMENT SA Reduced -85,888-85.9k
BlackRock Inc. Reduced -79,771-79.8k
Hudson Bay Capital Management LP Reduced -45,606-45.6k

Biggest calls

Holocene Advisors, LP Reduced $60.4m155.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $54.2m139.1k shares
Caption Management, LLC Added $39.0m100.0k shares
CITADEL ADVISORS LLC Added $17.3m44.5k shares
Ikarian Capital, LLC New $14.8m38.0k shares
JANE STREET GROUP, LLC Added $14.3m36.6k shares
SIMPLEX TRADING, LLC Added $12.5m32.2k shares
GROUP ONE TRADING LLC Reduced $11.8m30.4k shares
Optiver Holding B.V. Reduced $8.0m20.5k shares
BOOTHBAY FUND MANAGEMENT, LLC New $3.0m7.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $75.5m193.8k shares
JPMORGAN CHASE & CO Added $74.9m192.1k shares
Kynam Capital Management, LP Added $71.8m184.3k shares
Paradigm Biocapital Advisors LP New $58.5m150.0k shares
Ikarian Capital, LLC New $51.5m132.1k shares
MILLENNIUM MANAGEMENT LLC New $14.6m37.5k shares
JANE STREET GROUP, LLC Added $13.6m34.8k shares
CITADEL ADVISORS LLC Reduced $13.5m34.6k shares
GROUP ONE TRADING LLC Added $10.8m27.8k shares
BOOTHBAY FUND MANAGEMENT, LLC New $10.3m26.4k 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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.17% of their portfolio BOSTON, MA 5,055,7435.1m $2.0bn $2.0bn 0.17% Reduced -5.4m -5,411,253
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.21% of their portfolio BALTIMORE, MD 3,897,4193.9m $1.5bn $1.5bn 0.21% Added +73.4k +73,436
3 Artisan Partners Limited Partnership 1.91% of their portfolio Milwaukee, WI 3,038,3833.0m $1.2bn $1.2bn 1.91% Added +6.2k +6,155
4 JANUS HENDERSON GROUP PLC 0.43% of their portfolio LONDON, X0 1,783,4531.8m $695.0m $695.0m 0.43% Reduced -11.4k -11,357
5 Avoro Capital Advisors LLC 6.68% of their portfolio NEW YORK, NY 1,263,5001.3m $492.4m $492.4m 6.68% Reduced -24.0k -24,000
6 Capital World Investors 0.09% of their portfolio LOS ANGELES, CA 1,182,4491.2m $460.8m $460.8m 0.09% Added +125.0k +124,953
7 JENNISON ASSOCIATES LLC 0.37% of their portfolio NEW YORK, NY 1,143,3781.1m $445.6m $445.6m 0.37% Added +5.4k +5,412
8 T. Rowe Price Investment Management, Inc. 0.28% of their portfolio BALTIMORE, MD 1,064,8391.1m $415.0m $415.0m 0.28% Reduced -41.9k -41,916
9 Bellevue Group AG 5.13% of their portfolio ZURICH, V8 923,284923.3k $359.8m $359.8m 5.13% Added +36.4k +36,356
10 BlackRock Inc. 0.01% of their portfolio New York, NY 590,899590.9k $230.3m $230.3m 0.01% Reduced -79.8k -79,771
11 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 556,432556.4k $216.9m $216.9m 0.02% Added +9.9k +9,926
12 RTW INVESTMENTS, LP 3.58% of their portfolio NEW YORK, NY 482,195482.2k $187.9m $187.9m 3.58% Unchanged
13 CITADEL ADVISORS LLC 0.16% of their portfolio MIAMI, FL 360,588360.6k $140.5m $140.5m 0.16% Added +333.1k +333,055
14 LORD, ABBETT & CO. LLC 0.24% of their portfolio JERSEY CITY, NJ 358,728358.7k $139.8m $139.8m 0.24% Added +95.3k +95,342
15 Holocene Advisors, LP 0.61% of their portfolio New York, NY 358,256358.3k $139.6m $139.6m 0.61% Added +22.5k +22,534
16 PICTET ASSET MANAGEMENT SA 0.16% of their portfolio GENEVA 73, V8 354,345354.3k $138.1m $138.1m 0.16% Reduced -85.9k -85,888
17 Rock Springs Capital Management LP 3.25% of their portfolio Baltimore, MD 350,000350.0k $136.4m $136.4m 3.25% Unchanged
18 FEDERATED HERMES, INC. 0.32% of their portfolio PITTSBURGH, PA 334,223334.2k $130.3m $130.3m 0.32% Reduced -12.0k -11,991
19 EVENTIDE ASSET MANAGEMENT, LLC 2.17% of their portfolio Boston, MA 329,076329.1k $128.3m $128.3m 2.17% Added +160 +160
20 BAKER BROS. ADVISORS LP 0.63% of their portfolio NEW YORK, NY 280,159280.2k $109.2m $109.2m 0.63% Unchanged
21 Darwin Global Management, Ltd. 17.42% of their portfolio ST. HELIER, Y9 273,343273.3k $106.5m $106.5m 17.42% Reduced -11.9k -11,855
22 SEI INVESTMENTS CO 0.18% of their portfolio OAKS, PA 260,158260.2k $101.4m $101.4m 0.18% Reduced -6.7k -6,716
23 BAMCO INC /NY/ 0.27% of their portfolio NEW YORK, NY 250,268250.3k $97.5m $97.5m 0.27% Added +1.3k +1,313
24 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 246,311246.3k $96.0m $96.0m 0.05% Reduced -368 -368
25 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 234,055234.1k $91.2m $91.2m 0.02% Reduced -24.2k -24,221
26 1832 Asset Management L.P. 0.17% of their portfolio TORONTO, A6 220,200220.2k $85.8m $85.8m 0.17% Unchanged
27 MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 205,893205.9k $80.2m $80.2m 0.09% Added +23.5k +23,521
28 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 203,860203.9k $79.5m $79.5m 0.01% Reduced -94.0k -93,972
29 ARMISTICE CAPITAL, LLC 1.96% of their portfolio NEW YORK, NY 200,000200.0k $77.9m $77.9m 1.96% Reduced -24.0k -24,000
30 MARSHALL WACE, LLP 0.16% of their portfolio LONDON, X0 192,115192.1k $74.9m $74.9m 0.16% Added +4.2k +4,181
31 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 185,145185.1k $72.2m $72.2m 0.05% Reduced -21.2k -21,189
32 Avidity Partners Management LP 2.51% of their portfolio DALLAS, TX 184,300184.3k $71.8m $71.8m 2.51% Reduced -96.4k -96,400
33 D. E. Shaw & Co., Inc. 0.11% of their portfolio New York, NY 180,253180.3k $70.3m $70.3m 0.11% Reduced -17.6k -17,609
34 Clearbridge Investments, LLC 0.06% of their portfolio NEW YORK, NY 169,470169.5k $66.0m $66.0m 0.06% Added +36.8k +36,826
35 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.38% of their portfolio SAN FRANCISCO, CA 161,000161.0k $62.7m $62.7m 0.38% Not comparable
36 Balyasny Asset Management L.P. 0.17% of their portfolio Chicago, IL 159,518159.5k $62.2m $62.2m 0.17% Added +62.0k +61,993
37 Fiera Capital Corp 0.18% of their portfolio MONTREAL, A8 158,243158.2k $61.7m $61.7m 0.18% Reduced -3.2k -3,199
38 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 154,175154.2k $60.1m $60.1m 0.03% Reduced -277.1k -277,059
39 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.13% of their portfolio Boston, MA 152,796152.8k $59.5m $59.5m 0.13% Reduced -183.6k -183,600
40 Paradigm Biocapital Advisors LP 4.49% of their portfolio NEW YORK, NY 142,259142.3k $55.4m $55.4m 4.49% Reduced -38.9k -38,913
41 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 137,693137.7k $53.7m $53.7m 0.01% Reduced -31.2k -31,213
42 NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio ALBANY, NY 134,830134.8k $52.5m $52.5m 0.07% Added +1.6k +1,640
43 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 132,435132.4k $51.6m $51.6m 0.02% New
44 TD Asset Management Inc 0.05% of their portfolio Toronto, A6 123,580123.6k $48.2m $48.2m 0.05% Added +6.5k +6,510
45 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 114,000114.0k $44.4m $44.4m 0.06% Added +14.4k +14,400
46 PFM Health Sciences, LP 1.64% of their portfolio SAN FRANCISCO, CA 104,732104.7k $40.8m $40.8m 1.64% Unchanged
47 Nicholas Investment Partners, LP 2.54% of their portfolio RANCHO SANTA FE, CA 95,41495.4k $37.2m $37.2m 2.54% Reduced -23.2k -23,211
48 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 90,96591.0k $35.5m $35.5m 0.06% Added +12.2k +12,228
49 TimesSquare Capital Management, LLC 0.51% of their portfolio NEW YORK, NY 90,69090.7k $35.3m $35.3m 0.51% Reduced -2.5k -2,515
50 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 90,30590.3k $35.2m $35.2m 0.01% Added +33.0k +33,036
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 82,53082.5k $32.2m $32.2m 0.00% Reduced -13.8k -13,753
52 Public Sector Pension Investment Board 0.22% of their portfolio MONTREAL, A8 77,37577.4k $30.2m $30.2m 0.22% Unchanged
53 Boxer Capital, LLC 1.36% of their portfolio San Diego, CA 75,00075.0k $29.2m $29.2m 1.36% New
54 Fairmount Funds Management LLC 4.04% of their portfolio WEST CONSHOHOCKEN, PA 73,52673.5k $28.7m $28.7m 4.04% Unchanged
55 PERCEPTIVE ADVISORS LLC 0.78% of their portfolio NEW YORK, NY 69,00069.0k $26.9m $26.9m 0.78% New
56 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 68,20068.2k $26.6m $26.6m 0.06% Reduced -9.0k -8,957
57 Tekla Capital Management LLC 1.00% of their portfolio Boston, MA 65,55365.6k $25.5m $25.5m 1.00% Reduced -22.8k -22,757
58 Eagle Health Investments LP 4.69% of their portfolio Greenwich, CT 64,40064.4k $25.1m $25.1m 4.69% Unchanged
59 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 61,51261.5k $24.0m $24.0m 0.05% Added +13.4k +13,394
60 Legal & General Group Plc 0.01% of their portfolio London, X0 61,39061.4k $23.9m $23.9m 0.01% Added +10.2k +10,225
61 VAN ECK ASSOCIATES CORP 0.05% of their portfolio NEW YORK, NY 54,58754.6k $21.3m $21.3m 0.05% Reduced -4.8k -4,845
62 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 46,80646.8k $18.7m $18.7m 0.01% Added +16.9k +16,863
63 Artia Global Partners LP 6.24% of their portfolio MIAMI, FL 46,43846.4k $18.1m $18.1m 6.24% Added +10.0k +10,034
64 AWM Investment Company, Inc. 2.38% of their portfolio NEW YORK, NY 45,00045.0k $17.5m $17.5m 2.38% Reduced -5.0k -5,000
65 PGGM Investments 0.28% of their portfolio ZEIST, P7 44,58644.6k $17.4m $17.4m 0.28% Unchanged
66 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 43,51243.5k $17.0m $17.0m 0.01% Added +5.6k +5,568
67 Integral Health Asset Management, LLC 2.05% of their portfolio New York, NY 40,00040.0k $15.6m $15.6m 2.05% Added +28.0k +28,000
68 Sofinnova Investments, Inc. 1.03% of their portfolio Menlo Park, CA 39,92139.9k $15.6m $15.6m 1.03% New
69 Hudson Bay Capital Management LP 0.14% of their portfolio STAMFORD, CT 36,93636.9k $14.4m $14.4m 0.14% Reduced -45.6k -45,606
70 Driehaus Capital Management LLC 0.18% of their portfolio Chicago, IL 36,33036.3k $14.2m $14.2m 0.18% Added +2.5k +2,460
71 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 35,77435.8k $13.9m $13.9m 0.05% Added +22.7k +22,742
72 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% Unchanged
73 Caption Management, LLC 2.34% of their portfolio OKLAHOMA CITY, OK 34,10034.1k $13.3m $13.3m 2.34% New
74 ORBIMED ADVISORS LLC 0.23% of their portfolio New York, NY 32,60032.6k $12.7m $12.7m 0.23% Reduced -11.9k -11,900
75 QVT Financial LP 0.74% of their portfolio New York, NY 32,49832.5k $12.7m $12.7m 0.74% Unchanged
76 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 28,30928.3k $11.0m $11.0m 0.00% Added +6.5k +6,489
77 Assenagon Asset Management S.A. 0.04% of their portfolio SENNINGERBERG, N4 28,06928.1k $10.9m $10.9m 0.04% Reduced -18.9k -18,865
78 Decheng Capital Management III (Cayman), LLC 3.35% of their portfolio Grand Cayman, E9 27,42927.4k $10.7m $10.7m 3.35% Unchanged
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 27,23027.2k $10.6m $10.6m 0.00% Added +376 +376
80 Handelsbanken Fonder AB 0.05% of their portfolio STOCKHOLM, V7 26,10226.1k $10.2m $10.2m 0.05% Added +6.9k +6,894
81 DCF Advisers, LLC 6.91% of their portfolio MOUNT PLEASANT, SC 25,70025.7k $10.0m $10.0m 6.91% Unchanged
82 Atika Capital Management LLC 1.21% of their portfolio NEW YORK, NY 24,69524.7k $9.6m $9.6m 1.21% Unchanged
83 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 24,34824.3k $9.5m $9.5m 0.00% Added +57 +57
84 ExodusPoint Capital Management, LP 0.11% of their portfolio NEW YORK, NY 24,01224.0k $9.4m $9.4m 0.11% Reduced -7.4k -7,417
85 Ensign Peak Advisors, Inc 0.02% of their portfolio SALT LAKE CITY, UT 23,74323.7k $9.3m $9.3m 0.02% Unchanged
86 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 22,93022.9k $8.9m $8.9m 0.00% Added +2.7k +2,673
87 PINEBRIDGE INVESTMENTS, L.P. 0.09% of their portfolio NEW YORK, NY 21,21821.2k $8.3m $8.3m 0.09% Added +2.6k +2,643
88 SG Americas Securities, LLC 0.06% of their portfolio NEW YORK, NY 19,11619.1k $7.5m $7.5m 0.06% Added +2.6k +2,553
89 HHLR ADVISORS, LTD. 0.15% of their portfolio GRAND CAYMAN, E9 18,66518.7k $7.3m $7.3m 0.15% New
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,94717.9k $7.0m $7.0m 0.00% Added +2.5k +2,465
91 AXA S.A. 0.02% of their portfolio PARIS, I0 17,71917.7k $6.9m $6.9m 0.02% Added +243 +243
92 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 17,39017.4k $6.8m $6.8m 0.01% Unchanged
93 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 16,56016.6k $6.5m $6.5m 0.00% Added +7.8k +7,837
94 Aquilo Capital Management, LLC 4.17% of their portfolio SAN FRANCISCO, CA 16,31516.3k $6.4m $6.4m 4.17% Reduced -7.7k -7,685
95 Varma Mutual Pension Insurance Co 0.07% of their portfolio Varma, H9 15,00015.0k $5.8m $5.8m 0.07% Reduced -5.0k -5,000
96 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 14,53914.5k $5.7m $5.7m 0.00% Added +2.3k +2,343
97 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 13,92713.9k $5.4m $5.4m 0.00% Added +235 +235
98 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 13,13613.1k $5.1m $5.1m 0.01% Reduced -3.6k -3,563
99 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.11% of their portfolio BOSTON, MA 13,06113.1k $5.1m $5.1m 0.11% Reduced -1.6k -1,642
100 ACUTA CAPITAL PARTNERS, LLC 3.32% of their portfolio REDWOOD CITY, CA 12,56812.6k $4.9m $4.9m 3.32% Added +3.0k +2,974