Vault-13

ARGENX SE ARGX

SPONSORED ADR · ADR · CUSIP 04016X101 · ISIN US04016X1019

342 institutional holders +51 vs Q2 2023
32,685,45032.7m shares reported held*
$16.1bnreported value*
71 new 137 added 95 reduced 22 sold out net bought ≈ $911.5m (+1.8m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $491.65. Options: 20 managers hold calls ($364.6m notional), 17 hold puts ($125.5m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 255Q4 22: 271Q1 23: 273Q2 23: 291Q3 23: 342342Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022255
Q4 2022271
Q1 2023273
Q2 2023291
Q3 2023342

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 23Q3 23: 208 bought or addedQ3 23: 117 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022114139
Q1 2023123139
Q2 2023151117
Q3 2023208117

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ4 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 1.68Q3 23 calls: $364.6mQ3 23 puts: $125.5mQ3 23P/C 0.34
Numbers
QuarterCallsPutsP/C
Q4 2022$108.3m$72.4m0.67
Q1 2023$208.4m$162.6m0.78
Q2 2023$245.0m$410.6m1.68
Q3 2023$364.6m$125.5m0.34

Biggest buyers

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +449,151+449.2k
BlackRock Inc. Added +401,299+401.3k
JENNISON ASSOCIATES LLC Added +368,367+368.4k
Invesco Ltd. Added +340,482+340.5k
LORD, ABBETT & CO. LLC Added +274,032+274.0k
Point72 Asset Management, L.P. New +250,523+250.5k
Capital World Investors Added +248,572+248.6k
Clearbridge Investments, LLC Added +174,894+174.9k
Paradigm Biocapital Advisors LP Added +119,184+119.2k
MARSHALL WACE, LLP Added +116,433+116.4k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -312,315-312.3k
Avoro Capital Advisors LLC Reduced -263,500-263.5k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -237,904-237.9k
Darwin Global Management, Ltd. Reduced -227,728-227.7k
Artisan Partners Limited Partnership Reduced -210,084-210.1k
DEUTSCHE BANK AG\ Reduced -147,197-147.2k
BAKER BROS. ADVISORS LP Reduced -128,944-128.9k
Avidity Partners Management LP Reduced -103,700-103.7k
T. Rowe Price Investment Management, Inc. Reduced -98,483-98.5k
Rock Springs Capital Management LP Reduced -91,000-91.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $72.9m148.2k shares
ARMISTICE CAPITAL, LLC New $68.8m140.0k shares
Caption Management, LLC Added $61.2m124.5k shares
JPMORGAN CHASE & CO Added $47.3m96.2k shares
BOOTHBAY FUND MANAGEMENT, LLC Added $25.2m51.2k shares
CITADEL ADVISORS LLC Reduced $19.6m39.8k shares
SAL Trading, LLC Added $17.7m36.1k shares
CITIGROUP INC New $13.6m27.6k shares
GROUP ONE TRADING LLC Reduced $11.9m24.3k shares
Optiver Holding B.V. Unchanged $10.1m20.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $59.1m120.3k shares
CITADEL ADVISORS LLC Unchanged $17.0m34.6k shares
JANE STREET GROUP, LLC Reduced $11.6m23.5k shares
D. E. Shaw & Co., Inc. New $9.1m18.5k shares
GROUP ONE TRADING LLC Reduced $7.6m15.5k shares
SIMPLEX TRADING, LLC Added $6.2m12.6k shares
CITIGROUP INC New $4.4m9.0k shares
BOOTHBAY FUND MANAGEMENT, LLC Reduced $3.3m6.7k shares
Optiver Holding B.V. Unchanged $2.9m5.8k shares
SAL Trading, LLC New $1.8m3.7k 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 Q3 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 Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.21% of their portfolio BOSTON, MA 4,964,9735.0m $2.4bn $2.4bn 0.21% Reduced -90.8k -90,770
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.26% of their portfolio BALTIMORE, MD 3,659,5153.7m $1.8bn $1.8bn 0.26% Reduced -237.9k -237,904
3 Artisan Partners Limited Partnership 2.36% of their portfolio Milwaukee, WI 2,828,2992.8m $1.4bn $1.4bn 2.36% Reduced -210.1k -210,084
4 JENNISON ASSOCIATES LLC 0.63% of their portfolio NEW YORK, NY 1,511,7451.5m $743.2m $743.2m 0.63% Added +368.4k +368,367
5 JANUS HENDERSON GROUP PLC 0.47% of their portfolio LONDON, X0 1,471,1381.5m $723.3m $723.3m 0.47% Reduced -312.3k -312,315
6 Capital World Investors 0.14% of their portfolio LOS ANGELES, CA 1,431,0211.4m $703.5m $703.5m 0.14% Added +248.6k +248,572
7 Avoro Capital Advisors LLC 7.67% of their portfolio NEW YORK, NY 1,000,0001.0m $491.6m $491.6m 7.67% Reduced -263.5k -263,500
8 BlackRock Inc. 0.01% of their portfolio New York, NY 992,198992.2k $487.8m $487.8m 0.01% Added +401.3k +401,299
9 T. Rowe Price Investment Management, Inc. 0.34% of their portfolio BALTIMORE, MD 966,356966.4k $475.1m $475.1m 0.34% Reduced -98.5k -98,483
10 Bellevue Group AG 7.22% of their portfolio ZURICH, V8 911,530911.5k $448.1m $448.1m 7.22% Reduced -11.8k -11,754
11 LORD, ABBETT & CO. LLC 0.58% of their portfolio JERSEY CITY, NJ 632,760632.8k $311.1m $311.1m 0.58% Added +274.0k +274,032
12 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio Boston, MA 581,586581.6k $285.9m $285.9m 0.10% Added +449.2k +449,151
13 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 554,910554.9k $272.8m $272.8m 0.03% Reduced -1.5k -1,522
14 RTW INVESTMENTS, LP 5.26% of their portfolio NEW YORK, NY 507,195507.2k $249.4m $249.4m 5.26% Added +25.0k +25,000
15 CITADEL ADVISORS LLC 0.23% of their portfolio MIAMI, FL 436,123436.1k $214.4m $214.4m 0.23% Added +75.5k +75,535
16 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 430,787430.8k $211.8m $211.8m 0.06% Added +340.5k +340,482
17 Pictet Asset Management Holding SA 0.24% of their portfolio CAROUGE, V8 389,324389.3k $191.4m $191.4m 0.24% First filing
18 Holocene Advisors, LP 0.82% of their portfolio New York, NY 372,155372.2k $183.0m $183.0m 0.82% Added +13.9k +13,899
19 Clearbridge Investments, LLC 0.16% of their portfolio NEW YORK, NY 344,364344.4k $169.3m $169.3m 0.16% Added +174.9k +174,894
20 FEDERATED HERMES, INC. 0.44% of their portfolio PITTSBURGH, PA 332,091332.1k $163.3m $163.3m 0.44% Reduced -2.1k -2,132
21 EVENTIDE ASSET MANAGEMENT, LLC 2.84% of their portfolio Boston, MA 321,355321.4k $158.0m $158.0m 2.84% Reduced -7.7k -7,721
22 MARSHALL WACE, LLP 0.33% of their portfolio LONDON, X0 308,548308.5k $151.7m $151.7m 0.33% Added +116.4k +116,433
23 BAMCO INC /NY/ 0.41% of their portfolio NEW YORK, NY 287,991288.0k $141.6m $141.6m 0.41% Added +37.7k +37,723
24 SEI INVESTMENTS CO 0.25% of their portfolio OAKS, PA 286,310286.3k $140.8m $140.8m 0.25% Added +26.2k +26,152
25 MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 278,322278.3k $136.8m $136.8m 0.14% Added +72.4k +72,429
26 Paradigm Biocapital Advisors LP 8.77% of their portfolio NEW YORK, NY 261,443261.4k $128.5m $128.5m 8.77% Added +119.2k +119,184
27 Rock Springs Capital Management LP 3.41% of their portfolio Baltimore, MD 259,000259.0k $127.3m $127.3m 3.41% Reduced -91.0k -91,000
28 Point72 Asset Management, L.P. 0.42% of their portfolio STAMFORD, CT 250,523250.5k $123.2m $123.2m 0.42% New
29 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 221,212221.2k $108.8m $108.8m 0.02% Reduced -12.8k -12,843
30 1832 Asset Management L.P. 0.22% of their portfolio TORONTO, A6 214,800214.8k $105.6m $105.6m 0.22% Reduced -5.4k -5,400
31 D. E. Shaw & Co., Inc. 0.17% of their portfolio New York, NY 211,286211.3k $103.9m $103.9m 0.17% Added +31.0k +31,033
32 ARMISTICE CAPITAL, LLC 2.92% of their portfolio NEW YORK, NY 200,000200.0k $98.3m $98.3m 2.92% Unchanged
33 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 182,668182.7k $89.8m $89.8m 0.05% Reduced -63.6k -63,643
34 AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio KANSAS CITY, MO 178,842178.8k $87.9m $87.9m 0.07% Reduced -6.3k -6,303
35 TD Asset Management Inc 0.10% of their portfolio Toronto, A6 175,371175.4k $86.2m $86.2m 0.10% Added +51.8k +51,791
36 Fiera Capital Corp 0.25% of their portfolio MONTREAL, A8 161,974162.0k $79.6m $79.6m 0.25% Added +3.7k +3,731
37 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 153,633153.6k $75.5m $75.5m 0.02% Added +15.9k +15,940
38 BAKER BROS. ADVISORS LP 0.43% of their portfolio NEW YORK, NY 151,215151.2k $74.3m $74.3m 0.43% Reduced -128.9k -128,944
39 PERCEPTIVE ADVISORS LLC 2.49% of their portfolio NEW YORK, NY 150,600150.6k $74.0m $74.0m 2.49% Added +81.6k +81,600
40 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 145,230145.2k $71.4m $71.4m 0.01% Reduced -58.6k -58,630
41 Hudson Bay Capital Management LP 0.32% of their portfolio STAMFORD, CT 136,006136.0k $66.9m $66.9m 0.32% Added +99.1k +99,070
42 NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio ALBANY, NY 127,136127.1k $62.5m $62.5m 0.09% Reduced -7.7k -7,694
43 Alyeska Investment Group, L.P. 0.39% of their portfolio CHICAGO, IL 115,131115.1k $56.6m $56.6m 0.39% New
44 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.12% of their portfolio Boston, MA 105,951106.0k $52.1m $52.1m 0.12% Reduced -46.8k -46,845
45 PFM Health Sciences, LP 2.46% of their portfolio SAN FRANCISCO, CA 104,732104.7k $51.5m $51.5m 2.46% Unchanged
46 RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio NEW YORK, NY 104,700104.7k $51.5m $51.5m 0.09% Reduced -9.3k -9,300
47 TimesSquare Capital Management, LLC 0.78% of their portfolio NEW YORK, NY 101,750101.8k $50.0m $50.0m 0.78% Added +11.1k +11,060
48 Nicholas Investment Partners, LP 3.44% of their portfolio RANCHO SANTA FE, CA 93,56693.6k $46.0m $46.0m 3.44% Reduced -1.8k -1,848
49 Balyasny Asset Management L.P. 0.13% of their portfolio Chicago, IL 92,23792.2k $45.3m $45.3m 0.13% Reduced -67.3k -67,281
50 Boxer Capital, LLC 2.22% of their portfolio San Diego, CA 85,00085.0k $41.8m $41.8m 2.22% Added +10.0k +10,000
51 Fairmount Funds Management LLC 4.95% of their portfolio WEST CONSHOHOCKEN, PA 83,74783.7k $41.2m $41.2m 4.95% Added +10.2k +10,221
52 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 83,02383.0k $40.8m $40.8m 0.05% New
53 BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio PARIS, I0 81,11281.1k $39.9m $39.9m 0.09% Added +19.6k +19,600
54 Avidity Partners Management LP 1.60% of their portfolio DALLAS, TX 80,60080.6k $39.6m $39.6m 1.60% Reduced -103.7k -103,700
55 Sofinnova Investments, Inc. 2.70% of their portfolio Menlo Park, CA 78,18678.2k $38.4m $38.4m 2.70% Added +38.3k +38,265
56 Public Sector Pension Investment Board 0.28% of their portfolio MONTREAL, A8 77,37577.4k $38.0m $38.0m 0.28% Unchanged
57 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio JUPITER, FL 73,14973.1k $36.0m $36.0m 0.18% New
58 Qube Research & Technologies Ltd 0.11% of their portfolio LONDON, X0 72,94472.9k $35.9m $35.9m 0.11% Added +37.2k +37,170
59 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 70,75670.8k $34.8m $34.8m 0.06% Reduced -20.2k -20,209
60 Integral Health Asset Management, LLC 4.88% of their portfolio New York, NY 70,00070.0k $34.4m $34.4m 4.88% Added +30.0k +30,000
61 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 69,06669.1k $34.0m $34.0m 0.08% Added +866 +866
62 Eagle Health Investments LP 6.98% of their portfolio Greenwich, CT 64,40064.4k $31.7m $31.7m 6.98% Unchanged
63 Legal & General Group Plc 0.01% of their portfolio London, X0 64,38264.4k $31.7m $31.7m 0.01% Added +3.0k +2,992
64 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 56,09556.1k $27.6m $27.6m 0.01% Added +28.9k +28,865
65 Artia Global Partners LP 10.06% of their portfolio MIAMI, FL 49,23849.2k $24.2m $24.2m 10.06% Added +2.8k +2,800
66 ROYAL LONDON ASSET MANAGEMENT LTD 0.08% of their portfolio UNITED KINGDOM, X0 47,73547.7k $23.5m $23.5m 0.08% New
67 Darwin Global Management, Ltd. 7.89% of their portfolio ST. HELIER, Y9 45,61545.6k $22.4m $22.4m 7.89% Reduced -227.7k -227,728
68 PGGM Investments 0.38% of their portfolio ZEIST, P7 44,58644.6k $21.9m $21.9m 0.38% Unchanged
69 AXA S.A. 0.08% of their portfolio PARIS, I0 44,30144.3k $21.8m $21.8m 0.08% Added +26.6k +26,582
70 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 43,88743.9k $21.6m $21.6m 0.01% Added +25.9k +25,940
71 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 43,61643.6k $21.4m $21.4m 0.01% Added +104 +104
72 Verition Fund Management LLC 0.28% of their portfolio GREENWICH, CT 43,10943.1k $21.2m $21.2m 0.28% Added +36.6k +36,645
73 VAN ECK ASSOCIATES CORP 0.04% of their portfolio NEW YORK, NY 41,17341.2k $20.2m $20.2m 0.04% Reduced -13.4k -13,414
74 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 39,93639.9k $19.6m $19.6m 0.00% Added +11.6k +11,627
75 Assenagon Asset Management S.A. 0.07% of their portfolio SENNINGERBERG, N4 39,32639.3k $19.3m $19.3m 0.07% Added +11.3k +11,257
76 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 38,95239.0k $19.1m $19.1m 0.01% Added +31.6k +31,596
77 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 36,54736.5k $18.0m $18.0m 0.01% New
78 Driehaus Capital Management LLC 0.23% of their portfolio Chicago, IL 36,32336.3k $17.9m $17.9m 0.23% Reduced -7 -7
79 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 33,77133.8k $16.6m $16.6m 0.01% Added +19.2k +19,232
80 ORBIMED ADVISORS LLC 0.34% of their portfolio New York, NY 32,60032.6k $16.0m $16.0m 0.34% Unchanged
81 QVT Financial LP 0.95% of their portfolio New York, NY 32,49832.5k $16.0m $16.0m 0.95% Unchanged
82 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 32,13532.1k $17.0m $17.0m 0.01% Reduced -14.7k -14,671
83 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 30,93430.9k $15.2m $15.2m 0.01% Reduced -3.5k -3,545
84 AWM Investment Company, Inc. 2.18% of their portfolio NEW YORK, NY 30,00030.0k $14.7m $14.7m 2.18% Reduced -15.0k -15,000
85 Caption Management, LLC 1.88% of their portfolio OKLAHOMA CITY, OK 29,64929.6k $14.6m $14.6m 1.88% Reduced -4.5k -4,451
86 NATIXIS ADVISORS, LLC 0.04% of their portfolio Boston, MA 28,39228.4k $14.0m $14.0m 0.04% New
87 Handelsbanken Fonder AB 0.08% of their portfolio STOCKHOLM, V7 27,46627.5k $13.5m $13.5m 0.08% Added +1.4k +1,364
88 Decheng Capital Management III (Cayman), LLC 4.50% of their portfolio Grand Cayman, E9 27,42927.4k $13.5m $13.5m 4.50% Unchanged
89 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 26,36826.4k $13.0m $13.0m 0.03% Added +13.2k +13,232
90 Atika Capital Management LLC 1.73% of their portfolio NEW YORK, NY 24,69524.7k $12.1m $12.1m 1.73% Unchanged
91 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 24,35724.4k $12.0m $12.0m 0.00% Added +9 +9
92 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 24,21224.2k $11.9m $11.9m 0.00% Added +1.3k +1,282
93 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 23,61723.6k $11.6m $11.6m 0.00% Reduced -58.9k -58,913
94 Ensign Peak Advisors, Inc 0.02% of their portfolio SALT LAKE CITY, UT 23,58923.6k $11.6m $11.6m 0.02% Reduced -154 -154
95 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 23,25723.3k $11.4m $11.4m 0.02% Added +20.4k +20,427
96 DCF Advisers, LLC 7.55% of their portfolio MOUNT PLEASANT, SC 22,00022.0k $10.8m $10.8m 7.55% Reduced -3.7k -3,700
97 PINEBRIDGE INVESTMENTS, L.P. 0.11% of their portfolio NEW YORK, NY 20,95921.0k $10.3m $10.3m 0.11% Reduced -259 -259
98 Schonfeld Strategic Advisors LLC 0.09% of their portfolio NEW YORK, NY 19,23219.2k $9.5m $9.5m 0.09% Added +15.5k +15,545
99 CLOUGH CAPITAL PARTNERS L P 0.93% of their portfolio Boston, MA 17,55017.6k $8.6m $8.6m 0.93% New
100 Polar Asset Management Partners Inc. 0.20% of their portfolio TORONTO, A6 17,10017.1k $8.4m $8.4m 0.20% Added +10.9k +10,900