Vault-13

ARGENX SE ARGX

SPONSORED ADR · ADR · CUSIP 04016X101 · ISIN US04016X1019

328 institutional holders -19 vs Q4 2023
35,379,52135.4m shares reported held*
$13.9bnreported value*
38 new 128 added 115 reduced 61 sold out net bought ≈ $751.7m (+1.9m 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 ($515.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $393.78. Options: 17 managers hold calls ($90.7m notional), 15 hold puts ($105.0m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 255Q4 22: 271Q1 23: 273Q2 23: 291Q3 23: 342Q4 23: 347Q1 24: 328328Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022255
Q4 2022271
Q1 2023273
Q2 2023291
Q3 2023342
Q4 2023347
Q1 2024328

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 23Q1 24: 166 bought or addedQ1 24: 176 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022114139
Q1 2023123139
Q2 2023151117
Q3 2023208117
Q4 2023193156
Q1 2024166176

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ2 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 0.69Q1 24 calls: $90.7mQ1 24 puts: $105.0mQ1 24P/C 1.16
Numbers
QuarterCallsPutsP/C
Q2 2023$245.0m$410.6m1.68
Q3 2023$364.6m$125.5m0.34
Q4 2023$325.1m$223.3m0.69
Q1 2024$90.7m$105.0m1.16

Biggest buyers

PRICE T ROWE ASSOCIATES INC /MD/ Added +1,830,651+1.8m
T. Rowe Price Investment Management, Inc. Added +933,365+933.4k
MORGAN STANLEY Added +775,866+775.9k
JANUS HENDERSON GROUP PLC Added +439,889+439.9k
Clearbridge Investments, LLC Added +159,480+159.5k
BANK OF AMERICA CORP /DE/ Added +134,905+134.9k
Jefferies Financial Group Inc. Added +132,078+132.1k
Paradigm Biocapital Advisors LP Added +129,543+129.5k
Sofinnova Investments, Inc. Added +104,579+104.6k
AMERICAN CENTURY COMPANIES INC Added +100,145+100.1k

Biggest sellers

FMR LLC Reduced -542,350-542.4k
EcoR1 Capital, LLC Sold out -300,997-301.0k
MILLENNIUM MANAGEMENT LLC Reduced -215,769-215.8k
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Reduced -166,119-166.1k
Logos Global Management LP Sold out -145,000-145.0k
GOLDMAN SACHS GROUP INC Reduced -130,921-130.9k
Assenagon Asset Management S.A. Reduced -121,192-121.2k
Artal Group S.A. Sold out -116,388-116.4k
Fairmount Funds Management LLC Sold out -112,903-112.9k
ADAGE CAPITAL PARTNERS GP, L.L.C. Sold out -108,951-109.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $45.5m115.5k shares
CITADEL ADVISORS LLC Reduced $13.2m33.4k shares
SIMPLEX TRADING, LLC Reduced $5.5m14.0k shares
SAL Trading, LLC Reduced $4.8m12.1k shares
CITIGROUP INC Reduced $4.3m10.8k shares
GOLDMAN SACHS GROUP INC Added $3.9m10.0k shares
J. Goldman & Co LP New $3.1m8.0k shares
D. E. Shaw & Co., Inc. Unchanged $2.8m7.1k shares
Parallax Volatility Advisers, L.P. New $2.8m7.1k shares
JANE STREET GROUP, LLC Reduced $1.5m3.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $21.7m55.1k shares
JANE STREET GROUP, LLC Added $16.4m41.7k shares
D. E. Shaw & Co., Inc. Unchanged $13.0m32.9k shares
CITADEL ADVISORS LLC Reduced $11.7m29.7k shares
MILLENNIUM MANAGEMENT LLC Added $9.6m24.5k shares
SAL Trading, LLC Reduced $8.0m20.2k shares
Parallax Volatility Advisers, L.P. Added $7.4m18.9k shares
SIMPLEX TRADING, LLC Reduced $6.0m15.2k shares
CITIGROUP INC New $4.3m10.8k shares
Jefferies Financial Group Inc. Reduced $3.5m9.0k 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 Q1 2024

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 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRICE T ROWE ASSOCIATES INC /MD/ 0.27% of their portfolio BALTIMORE, MD 5,504,5065.5m $2.2bn $2.2bn 0.27% Added +1.8m +1,830,651
2 FMR LLC 0.09% of their portfolio BOSTON, MA 3,270,0223.3m $1.3bn $1.3bn 0.09% Reduced -542.4k -542,350
3 Artisan Partners Limited Partnership 1.83% of their portfolio Milwaukee, WI 3,189,6003.2m $1.3bn $1.3bn 1.83% Added +15.1k +15,123
4 JANUS HENDERSON GROUP PLC 0.48% of their portfolio LONDON, X0 2,216,6482.2m $872.7m $872.7m 0.48% Added +439.9k +439,889
5 T. Rowe Price Investment Management, Inc. 0.51% of their portfolio BALTIMORE, MD 2,115,4862.1m $832.9m $832.9m 0.51% Added +933.4k +933,365
6 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,081,6402.1m $819.6m $819.6m 0.02% Added +775.9k +775,866
7 Capital World Investors 0.12% of their portfolio LOS ANGELES, CA 1,864,5961.9m $734.1m $734.1m 0.12% Reduced -96.6k -96,606
8 Avoro Capital Advisors LLC 5.69% of their portfolio NEW YORK, NY 1,238,4671.2m $487.6m $487.6m 5.69% Added +3.9k +3,900
9 BlackRock Inc. 0.01% of their portfolio New York, NY 1,047,2891.0m $412.3m $412.3m 0.01% Added +55.3k +55,252
10 Bellevue Group AG 4.87% of their portfolio ZURICH, V8 811,016811.0k $319.3m $319.3m 4.87% Reduced -58.2k -58,192
11 RTW INVESTMENTS, LP 3.88% of their portfolio NEW YORK, NY 667,195667.2k $262.7m $262.7m 3.88% Unchanged
12 Clearbridge Investments, LLC 0.19% of their portfolio NEW YORK, NY 596,277596.3k $234.8m $234.8m 0.19% Added +159.5k +159,480
13 Paradigm Biocapital Advisors LP 7.65% of their portfolio NEW YORK, NY 552,120552.1k $217.4m $217.4m 7.65% Added +129.5k +129,543
14 Holocene Advisors, LP 0.71% of their portfolio New York, NY 488,800488.8k $192.5m $192.5m 0.71% Reduced -39.9k -39,898
15 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio Boston, MA 425,547425.5k $167.5m $167.5m 0.05% Reduced -166.1k -166,119
16 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 419,155419.2k $165.0m $165.0m 0.04% Reduced -17.1k -17,078
17 SEI INVESTMENTS CO 0.19% of their portfolio OAKS, PA 331,067331.1k $130.3m $130.3m 0.19% Reduced -950 -950
18 Pictet Asset Management Holding SA 0.14% of their portfolio CAROUGE, V8 329,168329.2k $129.6m $129.6m 0.14% Added +15.9k +15,947
19 Deep Track Capital, LP 3.40% of their portfolio GREENWICH, CT 300,000300.0k $118.1m $118.1m 3.40% Unchanged
20 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 276,172276.2k $108.7m $108.7m 0.02% Reduced -3.0k -2,996
21 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 273,556273.6k $107.7m $107.7m 0.01% Added +134.9k +134,905
22 FEDERATED HERMES, INC. 0.24% of their portfolio PITTSBURGH, PA 268,434268.4k $105.7m $105.7m 0.24% Reduced -88.1k -88,073
23 BAMCO INC /NY/ 0.28% of their portfolio NEW YORK, NY 266,674266.7k $105.0m $105.0m 0.28% Reduced -20.7k -20,705
24 ARMISTICE CAPITAL, LLC 2.77% of their portfolio NEW YORK, NY 264,000264.0k $103.9m $103.9m 2.77% Reduced -54.0k -54,000
25 AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio KANSAS CITY, MO 255,826255.8k $100.7m $100.7m 0.06% Added +100.1k +100,145
26 JENNISON ASSOCIATES LLC 0.06% of their portfolio NEW YORK, NY 233,417233.4k $91.9m $91.9m 0.06% Reduced -34.8k -34,791
27 Rock Springs Capital Management LP 2.29% of their portfolio Baltimore, MD 229,250229.2k $90.3m $90.3m 2.29% Unchanged
28 TD Asset Management Inc 0.08% of their portfolio Toronto, A6 223,695223.7k $88.1m $88.1m 0.08% Added +29.8k +29,810
29 BRAIDWELL LP 2.79% of their portfolio STAMFORD, CT 219,824219.8k $86.5m $86.5m 2.79% Added +66.6k +66,620
30 EVENTIDE ASSET MANAGEMENT, LLC 1.35% of their portfolio Boston, MA 218,857218.9k $86.2m $86.2m 1.35% Reduced -26.9k -26,914
31 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 167,093167.1k $65.8m $65.8m 0.02% Reduced -7.1k -7,133
32 Fiera Capital Corp 0.19% of their portfolio MONTREAL, A8 162,089162.1k $63.8m $63.8m 0.19% Reduced -1.3k -1,349
33 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 159,567159.6k $62.8m $62.8m 0.03% Reduced -29.8k -29,838
34 ORBIMED ADVISORS LLC 1.10% of their portfolio New York, NY 151,600151.6k $59.7m $59.7m 1.10% Added +67.0k +67,000
35 BAKER BROS. ADVISORS LP 0.75% of their portfolio NEW YORK, NY 151,215151.2k $59.5m $59.5m 0.75% Unchanged
36 Sofinnova Investments, Inc. 3.47% of their portfolio Menlo Park, CA 149,300149.3k $58.8m $58.8m 3.47% Added +104.6k +104,579
37 Jefferies Financial Group Inc. 1.07% of their portfolio NEW YORK, NY 135,099135.1k $53.2m $53.2m 1.07% Added +132.1k +132,078
38 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 129,662129.7k $51.1m $51.1m 0.04% Reduced -215.8k -215,769
39 Alyeska Investment Group, L.P. 0.32% of their portfolio CHICAGO, IL 129,249129.2k $50.9m $50.9m 0.32% Reduced -105.6k -105,587
40 NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio ALBANY, NY 123,497123.5k $48.6m $48.6m 0.06% Reduced -22.7k -22,671
41 MONTANOVA CAPITAL, LLC 2.02% of their portfolio New York, NY 121,900121.9k $48.0m $48.0m 2.02% Added +68.2k +68,200
42 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 121,448121.4k $47.8m $47.8m 0.01% Reduced -130.9k -130,921
43 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 119,019119.0k $46.9m $46.9m 0.06% Added +8.0k +7,971
44 MARSHALL WACE, LLP 0.08% of their portfolio LONDON, X0 116,635116.6k $45.9m $45.9m 0.08% Reduced -9.0k -9,036
45 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 112,276112.3k $44.2m $44.2m 0.04% Reduced -76.1k -76,083
46 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 104,724104.7k $41.2m $41.2m 0.04% Added +24.9k +24,947
47 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 103,131103.1k $40.6m $40.6m 0.05% Reduced -67.6k -67,615
48 Boxer Capital, LLC 1.94% of their portfolio San Diego, CA 100,000100.0k $39.4m $39.4m 1.94% Reduced -60.0k -60,000
49 TimesSquare Capital Management, LLC 0.54% of their portfolio NEW YORK, NY 93,79093.8k $36.9m $36.9m 0.54% Reduced -18.9k -18,915
50 PFM Health Sciences, LP 1.70% of their portfolio SAN FRANCISCO, CA 86,83286.8k $34.2m $34.2m 1.70% Unchanged
51 Aberdeen Group plc 0.07% of their portfolio EDINBURGH, X0 85,43185.4k $33.6m $33.6m 0.07% Added +12.0k +11,955
52 Eagle Health Investments LP 6.35% of their portfolio Greenwich, CT 84,59084.6k $33.3m $33.3m 6.35% Unchanged
53 Checkpoint Capital L.P. 21.58% of their portfolio SAN FRANCISCO, CA 82,00082.0k $32.3m $32.3m 21.58% Added +12.0k +12,000
54 Legal & General Group Plc 0.01% of their portfolio London, X0 81,09281.1k $31.9m $31.9m 0.01% Added +2.8k +2,790
55 First Turn Management, LLC 4.71% of their portfolio DEL MAR, CA 79,97880.0k $31.5m $31.5m 4.71% Reduced -3.4k -3,425
56 SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.44% of their portfolio Boston, MA 76,72976.7k $30.2m $30.2m 1.44% New
57 Saturn V Capital Management LP 10.35% of their portfolio AUSTIN, TX 65,59765.6k $25.8m $25.8m 10.35% Added +14.4k +14,422
58 Point72 Asset Management, L.P. 0.07% of their portfolio STAMFORD, CT 63,20063.2k $24.9m $24.9m 0.07% Reduced -54.9k -54,900
59 Balyasny Asset Management L.P. 0.06% of their portfolio Chicago, IL 57,04657.0k $22.5m $22.5m 0.06% Reduced -108.3k -108,347
60 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 55,35455.4k $21.8m $21.8m 0.01% Added +7.5k +7,454
61 Eversept Partners, LP 1.60% of their portfolio NEW YORK, NY 54,51854.5k $21.5m $21.5m 1.60% Reduced -31.3k -31,314
62 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 54,38754.4k $21.4m $21.4m 0.02% Added +6.8k +6,804
63 Allspring Global Investments Holdings, LLC 0.03% of their portfolio CHARLOTTE, NC 50,60650.6k $19.9m $19.9m 0.03% Reduced -35.6k -35,581
64 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 50,33550.3k $19.8m $19.8m 0.03% Added +4.2k +4,189
65 Finepoint Capital LP 5.05% of their portfolio BOSTON, MA 50,00050.0k $19.7m $19.7m 5.05% New
66 Vestal Point Capital, LP 1.63% of their portfolio NEW YORK, NY 50,00050.0k $19.7m $19.7m 1.63% New
67 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 49,47849.5k $19.5m $19.5m 0.01% Added +16.2k +16,166
68 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,62147.6k $18.7m $18.7m 0.00% Added +5.3k +5,286
69 ROYAL LONDON ASSET MANAGEMENT LTD 0.05% of their portfolio UNITED KINGDOM, X0 47,52747.5k $18.7m $18.7m 0.05% Added +1.2k +1,194
70 Ensign Peak Advisors, Inc 0.03% of their portfolio SALT LAKE CITY, UT 45,90945.9k $18.1m $18.1m 0.03% Added +22.0k +21,970
71 Iron Triangle Partners LP 1.83% of their portfolio Cos Cob, CT 45,00045.0k $17.7m $17.7m 1.83% New
72 PGGM Investments 0.25% of their portfolio ZEIST, P7 44,58644.6k $17.6m $17.6m 0.25% Unchanged
73 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 43,65043.6k $17.2m $17.2m 0.01% Added +5.2k +5,190
74 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 42,17242.2k $16.6m $16.6m 0.03% Reduced -19.7k -19,711
75 Candriam S.C.A. 0.10% of their portfolio STRASSEN, N4 38,15338.2k $15.0m $15.0m 0.10% New
76 AXA S.A. 0.04% of their portfolio PARIS, I0 36,35236.4k $14.3m $14.3m 0.04% Reduced -49.8k -49,794
77 Artia Global Partners LP 3.31% of their portfolio MIAMI, FL 34,23834.2k $13.5m $13.5m 3.31% Unchanged
78 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 34,22734.2k $13.5m $13.5m 0.00% Added +2.9k +2,887
79 QVT Financial LP 1.19% of their portfolio New York, NY 32,49832.5k $12.8m $12.8m 1.19% Unchanged
80 SOROS FUND MANAGEMENT LLC 0.27% of their portfolio NEW YORK, NY 30,00030.0k $11.8m $11.8m 0.27% New
81 MOORE CAPITAL MANAGEMENT, LP 0.24% of their portfolio NEW YORK, NY 30,00030.0k $11.8m $11.8m 0.24% Added +5.0k +5,000
82 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 29,75629.8k $11.7m $11.7m 0.02% Reduced -105 -105
83 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 29,25029.2k $11.5m $11.5m 0.01% Reduced -12.2k -12,180
84 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 28,24628.2k $11.1m $11.1m 0.03% Added +13.8k +13,756
85 Tri Locum Partners LP 3.82% of their portfolio NEW YORK, NY 27,98128.0k $11.0m $11.0m 3.82% Added +3.8k +3,799
86 Squarepoint Ops LLC 0.05% of their portfolio NEW YORK, NY 27,87427.9k $11.0m $11.0m 0.05% Added +9.5k +9,474
87 Atika Capital Management LLC 1.18% of their portfolio NEW YORK, NY 26,69526.7k $10.5m $10.5m 1.18% Unchanged
88 Handelsbanken Fonder AB 0.05% of their portfolio STOCKHOLM, V7 26,62126.6k $10.5m $10.5m 0.05% Added +768 +768
89 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 26,22826.2k $10.3m $10.3m 0.00% Added +316 +316
90 PINEBRIDGE INVESTMENTS, L.P. 0.08% of their portfolio NEW YORK, NY 25,83625.8k $10.2m $10.2m 0.08% Added +3.3k +3,260
91 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,53125.5k $10.1m $10.1m 0.00% Added +508 +508
92 AWM Investment Company, Inc. 1.29% of their portfolio NEW YORK, NY 25,00025.0k $9.8m $9.8m 1.29% Reduced -5.0k -5,000
93 Trexquant Investment LP 0.20% of their portfolio STAMFORD, CT 24,89524.9k $9.8m $9.8m 0.20% New
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 23,88423.9k $9.4m $9.4m 0.00% Reduced -1.1k -1,128
95 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 23,23723.2k $9.3m $9.3m 0.00% Reduced -3.7k -3,731
96 DCF Advisers, LLC 4.79% of their portfolio MOUNT PLEASANT, SC 20,20020.2k $8.0m $8.0m 4.79% Reduced -250 -250
97 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 19,35919.4k $7.6m $7.6m 0.01% Reduced -6.5k -6,535
98 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 18,91918.9k $7.4m $7.4m 0.08% Reduced -20.8k -20,832
99 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 17,95017.9k $7.1m $7.1m 0.00% Added +72 +72
100 Erste Asset Management GmbH 0.09% of their portfolio VIENNA, C4 16,80016.8k $6.7m $6.7m 0.09% Unchanged