Vault-13

ARGENX SE ARGX

SPONSORED ADR · ADR · CUSIP 04016X101 · ISIN US04016X1019

347 institutional holders +5 vs Q3 2023
33,451,04833.5m shares reported held*
$12.7bnreported value*
44 new 149 added 99 reduced 57 sold out net bought ≈ $217.0m (+570.4k 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 ($775.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $380.45. Options: 28 managers hold calls ($325.1m notional), 25 hold puts ($223.3m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 255Q4 22: 271Q1 23: 273Q2 23: 291Q3 23: 342Q4 23: 347347Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022255
Q4 2022271
Q1 2023273
Q2 2023291
Q3 2023342
Q4 2023347

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 23Q4 23: 193 bought or addedQ4 23: 156 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022114139
Q1 2023123139
Q2 2023151117
Q3 2023208117
Q4 2023193156

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ1 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 0.34Q4 23 calls: $325.1mQ4 23 puts: $223.3mQ4 23P/C 0.69
Numbers
QuarterCallsPutsP/C
Q1 2023$208.4m$162.6m0.78
Q2 2023$245.0m$410.6m1.68
Q3 2023$364.6m$125.5m0.34
Q4 2023$325.1m$223.3m0.69

Biggest buyers

MORGAN STANLEY Added +750,864+750.9k
Capital World Investors Added +530,181+530.2k
Artisan Partners Limited Partnership Added +346,178+346.2k
JANUS HENDERSON GROUP PLC Added +305,621+305.6k
EcoR1 Capital, LLC New +300,997+301.0k
Deep Track Capital, LP New +300,000+300.0k
Avoro Capital Advisors LLC Added +234,567+234.6k
T. Rowe Price Investment Management, Inc. Added +215,765+215.8k
DEUTSCHE BANK AG\ Added +182,427+182.4k
Paradigm Biocapital Advisors LP Added +161,134+161.1k

Biggest sellers

JENNISON ASSOCIATES LLC Reduced -1,243,537-1.2m
FMR LLC Reduced -1,152,601-1.2m
LORD, ABBETT & CO. LLC Sold out -632,760-632.8k
CITADEL ADVISORS LLC Reduced -247,764-247.8k
1832 Asset Management L.P. Sold out -214,800-214.8k
MARSHALL WACE, LLP Reduced -182,877-182.9k
PERCEPTIVE ADVISORS LLC Sold out -150,600-150.6k
Point72 Asset Management, L.P. Reduced -132,423-132.4k
RENAISSANCE TECHNOLOGIES LLC Sold out -104,700-104.7k
Nicholas Investment Partners, LP Reduced -77,647-77.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $74.8m196.7k shares
MILLENNIUM MANAGEMENT LLC New $56.5m148.4k shares
CITADEL ADVISORS LLC Added $32.2m84.6k shares
Ikarian Capital, LLC New $29.7m78.1k shares
JPMORGAN CHASE & CO Reduced $18.7m49.2k shares
SIMPLEX TRADING, LLC Added $17.0m44.6k shares
TIG Advisors, LLC New $14.3m37.6k shares
GROUP ONE TRADING LLC Added $12.3m32.4k shares
CITIGROUP INC Added $11.4m30.0k shares
STEMPOINT CAPITAL LP First filing $10.1m26.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $40.7m106.9k shares
JPMORGAN CHASE & CO Added $30.6m80.4k shares
Ikarian Capital, LLC New $29.7m78.1k shares
CITADEL ADVISORS LLC Added $26.1m68.6k shares
D. E. Shaw & Co., Inc. Added $12.5m32.9k shares
Melqart Asset Management (UK) Ltd New $12.4m32.5k shares
SIMPLEX TRADING, LLC Added $9.4m24.6k shares
SAL Trading, LLC Added $8.2m21.5k shares
BOOTHBAY FUND MANAGEMENT, LLC Added $8.0m20.9k shares
BARCLAYS PLC New $7.6m20.0k 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 Q4 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 Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.11% of their portfolio BOSTON, MA 3,812,3723.8m $1.5bn $1.5bn 0.11% Reduced -1.2m -1,152,601
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.19% of their portfolio BALTIMORE, MD 3,673,8553.7m $1.4bn $1.4bn 0.19% Added +14.3k +14,340
3 Artisan Partners Limited Partnership 1.90% of their portfolio Milwaukee, WI 3,174,4773.2m $1.2bn $1.2bn 1.90% Added +346.2k +346,178
4 Capital World Investors 0.13% of their portfolio LOS ANGELES, CA 1,961,2022.0m $746.1m $746.1m 0.13% Added +530.2k +530,181
5 JANUS HENDERSON GROUP PLC 0.40% of their portfolio LONDON, X0 1,776,7591.8m $675.9m $675.9m 0.40% Added +305.6k +305,621
6 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,305,7741.3m $496.8m $496.8m 0.02% Added +750.9k +750,864
7 Avoro Capital Advisors LLC 6.49% of their portfolio NEW YORK, NY 1,234,5671.2m $469.7m $469.7m 6.49% Added +234.6k +234,567
8 T. Rowe Price Investment Management, Inc. 0.29% of their portfolio BALTIMORE, MD 1,182,1211.2m $449.7m $449.7m 0.29% Added +215.8k +215,765
9 BlackRock Inc. 0.01% of their portfolio New York, NY 992,037992.0k $377.4m $377.4m 0.01% Reduced -161 -161
10 Bellevue Group AG 5.06% of their portfolio ZURICH, V8 869,208869.2k $330.7m $330.7m 5.06% Reduced -42.3k -42,322
11 RTW INVESTMENTS, LP 3.96% of their portfolio NEW YORK, NY 667,195667.2k $253.8m $253.8m 3.96% Added +160.0k +160,000
12 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio Boston, MA 591,666591.7k $225.1m $225.1m 0.07% Added +10.1k +10,080
13 Holocene Advisors, LP 0.79% of their portfolio New York, NY 528,698528.7k $201.1m $201.1m 0.79% Added +156.5k +156,543
14 Clearbridge Investments, LLC 0.14% of their portfolio NEW YORK, NY 436,797436.8k $166.2m $166.2m 0.14% Added +92.4k +92,433
15 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 436,233436.2k $166.0m $166.0m 0.04% Added +5.4k +5,446
16 Paradigm Biocapital Advisors LP 7.53% of their portfolio NEW YORK, NY 422,577422.6k $160.8m $160.8m 7.53% Added +161.1k +161,134
17 FEDERATED HERMES, INC. 0.34% of their portfolio PITTSBURGH, PA 356,507356.5k $135.6m $135.6m 0.34% Added +24.4k +24,416
18 MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 345,431345.4k $131.4m $131.4m 0.12% Added +67.1k +67,109
19 SEI INVESTMENTS CO 0.20% of their portfolio OAKS, PA 332,017332.0k $126.3m $126.3m 0.20% Added +45.7k +45,707
20 ARMISTICE CAPITAL, LLC 3.21% of their portfolio NEW YORK, NY 318,000318.0k $121.0m $121.0m 3.21% Added +118.0k +118,000
21 Pictet Asset Management Holding SA 0.13% of their portfolio CAROUGE, V8 313,221313.2k $119.2m $119.2m 0.13% Reduced -76.1k -76,103
22 EcoR1 Capital, LLC 2.97% of their portfolio San Francisco, CA 300,997301.0k $114.5m $114.5m 2.97% New
23 Deep Track Capital, LP 4.00% of their portfolio GREENWICH, CT 300,000300.0k $114.1m $114.1m 4.00% New
24 BAMCO INC /NY/ 0.29% of their portfolio NEW YORK, NY 287,379287.4k $109.3m $109.3m 0.29% Reduced -612 -612
25 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 279,168279.2k $106.2m $106.2m 0.02% Added +58.0k +57,956
26 JENNISON ASSOCIATES LLC 0.08% of their portfolio NEW YORK, NY 268,208268.2k $102.0m $102.0m 0.08% Reduced -1.2m -1,243,537
27 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 252,369252.4k $96.0m $96.0m 0.02% Added +98.7k +98,736
28 EVENTIDE ASSET MANAGEMENT, LLC 1.53% of their portfolio Boston, MA 245,771245.8k $93.5m $93.5m 1.53% Reduced -75.6k -75,584
29 Alyeska Investment Group, L.P. 0.60% of their portfolio CHICAGO, IL 234,836234.8k $89.3m $89.3m 0.60% Added +119.7k +119,705
30 Rock Springs Capital Management LP 2.15% of their portfolio Baltimore, MD 229,250229.2k $87.2m $87.2m 2.15% Reduced -29.8k -29,750
31 TD Asset Management Inc 0.07% of their portfolio Toronto, A6 193,885193.9k $73.8m $73.8m 0.07% Added +18.5k +18,514
32 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 189,405189.4k $72.1m $72.1m 0.04% Added +182.4k +182,427
33 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 188,359188.4k $71.7m $71.7m 0.07% Reduced -247.8k -247,764
34 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 174,226174.2k $66.3m $66.3m 0.03% Reduced -8.4k -8,442
35 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 170,746170.7k $65.0m $65.0m 0.09% Reduced -40.5k -40,540
36 Balyasny Asset Management L.P. 0.17% of their portfolio Chicago, IL 165,393165.4k $62.9m $62.9m 0.17% Added +73.2k +73,156
37 Fiera Capital Corp 0.19% of their portfolio MONTREAL, A8 163,438163.4k $62.2m $62.2m 0.19% Added +1.5k +1,464
38 Boxer Capital, LLC 3.03% of their portfolio San Diego, CA 160,000160.0k $60.9m $60.9m 3.03% Added +75.0k +75,000
39 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 155,681155.7k $59.2m $59.2m 0.04% Reduced -23.2k -23,161
40 BRAIDWELL LP 2.14% of their portfolio STAMFORD, CT 153,204153.2k $58.3m $58.3m 2.14% New
41 BAKER BROS. ADVISORS LP 0.65% of their portfolio NEW YORK, NY 151,215151.2k $57.5m $57.5m 0.65% Unchanged
42 NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio ALBANY, NY 146,168146.2k $55.6m $55.6m 0.08% Added +19.0k +19,032
43 Logos Global Management LP 6.13% of their portfolio San Francisco, CA 145,000145.0k $55.2m $55.2m 6.13% New
44 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 138,651138.7k $52.7m $52.7m 0.01% Reduced -6.6k -6,579
45 Assenagon Asset Management S.A. 0.15% of their portfolio SENNINGERBERG, N4 128,479128.5k $48.9m $48.9m 0.15% Added +89.2k +89,153
46 MARSHALL WACE, LLP 0.09% of their portfolio LONDON, X0 125,671125.7k $47.8m $47.8m 0.09% Reduced -182.9k -182,877
47 Point72 Asset Management, L.P. 0.14% of their portfolio STAMFORD, CT 118,100118.1k $44.9m $44.9m 0.14% Reduced -132.4k -132,423
48 Artal Group S.A. 1.51% of their portfolio LUXEMBOURG, N4 116,388116.4k $44.3m $44.3m 1.51% New
49 Fairmount Funds Management LLC 4.54% of their portfolio WEST CONSHOHOCKEN, PA 112,903112.9k $43.0m $43.0m 4.54% Added +29.2k +29,156
50 TimesSquare Capital Management, LLC 0.63% of their portfolio NEW YORK, NY 112,705112.7k $42.9m $42.9m 0.63% Added +11.0k +10,955
51 BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio PARIS, I0 111,048111.0k $42.2m $42.2m 0.08% Added +29.9k +29,936
52 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio Boston, MA 108,951109.0k $41.4m $41.4m 0.09% Added +3.0k +3,000
53 Hudson Bay Capital Management LP 0.33% of their portfolio STAMFORD, CT 99,00399.0k $37.7m $37.7m 0.33% Reduced -37.0k -37,003
54 PFM Health Sciences, LP 1.98% of their portfolio SAN FRANCISCO, CA 86,83286.8k $33.0m $33.0m 1.98% Reduced -17.9k -17,900
55 Allspring Global Investments Holdings, LLC 0.05% of their portfolio CHARLOTTE, NC 86,18786.2k $32.8m $32.8m 0.05% Added +15.4k +15,431
56 AXA S.A. 0.05% of their portfolio PARIS, I0 86,14686.1k $32.8m $32.8m 0.05% Added +41.8k +41,845
57 Eversept Partners, LP 3.20% of their portfolio NEW YORK, NY 85,83285.8k $32.7m $32.7m 3.20% Added +81.3k +81,267
58 ORBIMED ADVISORS LLC 0.64% of their portfolio New York, NY 84,60084.6k $32.2m $32.2m 0.64% Added +52.0k +52,000
59 Eagle Health Investments LP 6.54% of their portfolio Greenwich, CT 84,59084.6k $32.2m $32.2m 6.54% Added +20.2k +20,190
60 First Turn Management, LLC 4.56% of their portfolio DEL MAR, CA 83,40383.4k $31.7m $31.7m 4.56% First filing
61 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 79,77779.8k $30.3m $30.3m 0.03% Reduced -3.2k -3,246
62 Legal & General Group Plc 0.01% of their portfolio London, X0 78,30278.3k $29.8m $29.8m 0.01% Added +13.9k +13,920
63 Aberdeen Group plc 0.06% of their portfolio EDINBURGH, X0 73,47673.5k $28.0m $28.0m 0.06% New
64 Ikarian Capital, LLC 7.26% of their portfolio DALLAS, TX 70,00070.0k $26.5m $26.5m 7.26% New
65 Checkpoint Capital L.P. 18.58% of their portfolio SAN FRANCISCO, CA 70,00070.0k $26.6m $26.6m 18.58% First filing
66 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 61,88361.9k $23.5m $23.5m 0.05% Reduced -7.2k -7,183
67 MONTANOVA CAPITAL, LLC 0.93% of their portfolio New York, NY 53,70053.7k $20.4m $20.4m 0.93% Added +50.9k +50,900
68 Saturn V Capital Management LP 7.45% of their portfolio AUSTIN, TX 51,17551.2k $19.5m $19.5m 7.45% Added +41.1k +41,101
69 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 47,90047.9k $18.2m $18.2m 0.01% Added +4.0k +4,013
70 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 47,58347.6k $18.1m $18.1m 0.01% Added +4.0k +3,967
71 ROYAL LONDON ASSET MANAGEMENT LTD 0.05% of their portfolio UNITED KINGDOM, X0 46,33346.3k $17.6m $17.6m 0.05% Reduced -1.4k -1,402
72 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 46,14646.1k $17.6m $17.6m 0.03% Added +5.0k +4,973
73 Sofinnova Investments, Inc. 0.95% of their portfolio Menlo Park, CA 44,72144.7k $17.0m $17.0m 0.95% Reduced -33.5k -33,465
74 Driehaus Capital Management LLC 0.20% of their portfolio Chicago, IL 44,65144.7k $17.0m $17.0m 0.20% Added +8.3k +8,328
75 PGGM Investments 0.26% of their portfolio ZEIST, P7 44,58644.6k $17.0m $17.0m 0.26% Unchanged
76 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 42,33542.3k $16.1m $16.1m 0.00% Reduced -13.8k -13,760
77 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 41,43041.4k $15.8m $15.8m 0.01% Added +2.5k +2,478
78 Walleye Capital LLC 0.21% of their portfolio NEW YORK, NY 39,75139.8k $15.1m $15.1m 0.21% Added +39.3k +39,301
79 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 38,46038.5k $14.6m $14.6m 0.01% Added +7.5k +7,526
80 Polar Asset Management Partners Inc. 0.37% of their portfolio TORONTO, A6 35,90035.9k $13.7m $13.7m 0.37% Added +18.8k +18,800
81 Ally Bridge Group (NY) LLC 7.93% of their portfolio NEW YORK, NY 35,00035.0k $13.3m $13.3m 7.93% New
82 Artia Global Partners LP 5.15% of their portfolio MIAMI, FL 34,23834.2k $13.0m $13.0m 5.15% Reduced -15.0k -15,000
83 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 33,31233.3k $12.7m $12.7m 0.01% Reduced -459 -459
84 QVT Financial LP 0.75% of their portfolio New York, NY 32,49832.5k $12.4m $12.4m 0.75% Unchanged
85 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 31,34031.3k $11.9m $11.9m 0.00% Reduced -8.6k -8,596
86 Avidity Partners Management LP 0.45% of their portfolio DALLAS, TX 31,00031.0k $11.8m $11.8m 0.45% Reduced -49.6k -49,600
87 AWM Investment Company, Inc. 1.50% of their portfolio NEW YORK, NY 30,00030.0k $11.4m $11.4m 1.50% Unchanged
88 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 29,86129.9k $11.4m $11.4m 0.02% Added +3.5k +3,493
89 Altitude Crest Partners Inc. 7.51% of their portfolio Stamford, CT 29,50029.5k $11.2m $11.2m 7.51% First filing
90 Verition Fund Management LLC 0.11% of their portfolio GREENWICH, CT 28,14828.1k $10.7m $10.7m 0.11% Reduced -15.0k -14,961
91 Decheng Capital LLC 2.92% of their portfolio MENLO PARK, CA 27,42927.4k $10.4m $10.4m 2.92% First filing
92 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 26,96827.0k $10.5m $10.5m 0.00% Reduced -5.2k -5,167
93 Atika Capital Management LLC 1.44% of their portfolio NEW YORK, NY 26,69526.7k $10.2m $10.2m 1.44% Added +2.0k +2,000
94 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 25,91225.9k $9.9m $9.9m 0.00% Added +1.6k +1,555
95 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 25,89425.9k $9.9m $9.9m 0.01% Added +14.3k +14,268
96 Handelsbanken Fonder AB 0.05% of their portfolio STOCKHOLM, V7 25,85325.9k $9.8m $9.8m 0.05% Reduced -1.6k -1,613
97 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,02325.0k $9.5m $9.5m 0.00% Added +811 +811
98 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 25,01225.0k $9.5m $9.5m 0.00% Added +1.4k +1,395
99 MOORE CAPITAL MANAGEMENT, LP 0.23% of their portfolio NEW YORK, NY 25,00025.0k $9.5m $9.5m 0.23% Added +9.0k +9,000
100 Tri Locum Partners LP 4.52% of their portfolio NEW YORK, NY 24,18224.2k $9.2m $9.2m 4.52% Added +9.8k +9,836