ASSERTIO HOLDINGS INC
COM NEW · CUSIP 04546C205
73
institutional holders
+3 vs Q1 2025
24.6m
shares reported held*
$15.9mreported value*
10 new
11 added
24 reduced
7 sold out
net sold ≈ $200.0k (-628.8k 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 ($143.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.65. Options: 6 managers hold calls ($860.9k notional), 5 hold puts ($49.8k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 78 |
| Q4 2022 | 89 |
| Q1 2023 | 119 |
| Q2 2023 | 148 |
| Q3 2023 | 147 |
| Q4 2023 | 118 |
| Q1 2024 | 105 |
| Q2 2024 | 104 |
| Q3 2024 | 86 |
| Q4 2024 | 85 |
| Q1 2025 | 70 |
| Q2 2025 | 73 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 108 | 61 |
| Q4 2023 | 51 | 79 |
| Q1 2024 | 39 | 63 |
| Q2 2024 | 45 | 62 |
| Q3 2024 | 25 | 62 |
| Q4 2024 | 35 | 40 |
| Q1 2025 | 17 | 44 |
| Q2 2025 | 21 | 31 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.1m | $116.7k | 0.05 |
| Q4 2024 | $1.8m | $115.5k | 0.06 |
| Q1 2025 | $1.0m | $181.3k | 0.17 |
| Q2 2025 | $860.9k | $49.8k | 0.06 |
Biggest buyers
| Nantahala Capital Management, LLC | Added | +370.3k |
| TSP Capital Management Group, LLC | New | +316.9k |
| CM Management, LLC | Added | +249.4k |
| CITADEL ADVISORS LLC | Added | +168.3k |
| UBS Group AG | Added | +121.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +117.7k |
| ROYAL BANK OF CANADA | Added | +66.9k |
| GSA CAPITAL PARTNERS LLP | New | +60.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +14.6k |
| Ground Swell Capital, LLC | New | +12.7k |
Biggest sellers
| TSP Capital Management Group, LLC | Sold out | -282.3k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -234.1k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -185.9k |
| Squarepoint Ops LLC | Reduced | -183.6k |
| Palumbo Wealth Management LLC | Sold out | -171.2k |
| Invesco Ltd. | Reduced | -154.8k |
| TWO SIGMA ADVISERS, LP | Reduced | -123.1k |
| MORGAN STANLEY | Reduced | -111.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -90.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -86.3k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $448.5k699.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $159.8k249.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $125.0k196.1k shares |
| CITADEL ADVISORS LLC | Reduced | $120.4k187.7k shares |
| Squarepoint Ops LLC | Unchanged | $7.2k11.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.0k37.5k shares |
| CITADEL ADVISORS LLC | Reduced | $14.4k22.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.0k11.5k shares |
| GROUP ONE TRADING LLC | Reduced | $4.4k6.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
| Holder | Stake |
|---|---|
| Nantahala Capital Management, LLC 13G · institution +1.4 pts · filed 2026-04-07 | 10.7% |
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Nantahala Capital Management, LLC 0.40% of their portfolio | 8.8m $5.6m | Added +370.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.4m $2.8m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 2.8m $1.8m | Added +117.7k |
| BlackRock, Inc. 0.00% of their portfolio | 1.4m $881.4k | Reduced -11.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.0m $655.1k | Reduced -86.3k |
| CM Management, LLC 0.42% of their portfolio | 724.4k $464.5k | Added +249.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 694.5k $445.3k | Reduced -90.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 450.9k $289.1k | Reduced -185.9k |
| MORGAN STANLEY 0.00% of their portfolio | 438.5k $281.2k | Reduced -111.8k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 435.4k $279.2k | Reduced -234.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 432.5k $277.3k | Reduced -123.1k |
| STATE STREET CORP 0.00% of their portfolio | 366.9k $235.3k | Unchanged |
| Perritt Capital Management Inc 0.12% of their portfolio | 360.3k $231.0k | Reduced -21.8k |
| UBS Group AG 0.00% of their portfolio | 334.2k $214.2k | Added +121.5k |
| TSP Capital Management Group, LLC 0.06% of their portfolio | 316.9k $203.2k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 288.8k $185.2k | Added +168.3k |
| Invesco Ltd. 0.00% of their portfolio | 270.7k $173.6k | Reduced -154.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 227.2k $145.7k | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 223.4k $143.2k | Reduced -40.0k |
| Empowered Funds, LLC 0.00% of their portfolio | 223.4k $143.2k | Reduced -40.0k |
| Belpointe Asset Management LLC 0.00% of their portfolio | 84.9k $54.5k | Reduced -10.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 70.8k $46.0k | Added +66.9k |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.01% of their portfolio | 67.5k $43.3k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 63.8k $40.9k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.00% of their portfolio | 60.0k $38.0k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 58.7k $37.6k | Reduced -183.6k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 57.5k $36.9k | Reduced -1.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 51.0k $32.7k | Added +14.6k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 48.6k $31.1k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 46.5k $29.8k | Reduced -21.9k |
| Sonora Investment Management Group, LLC 0.00% of their portfolio | 44.7k $28.7k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 31.5k $20.2k | Unchanged |
| MINDSET WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 27.6k $17.7k | Added +4.4k |
| HighTower Advisors, LLC 0.00% of their portfolio | 19.2k $12.3k | Reduced -16 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 19.0k $12.0k | Reduced -1.0k |
| CreativeOne Wealth, LLC 0.00% of their portfolio | 18.0k $11.5k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 16.8k $10.8k | Reduced -4.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 15.8k $10.2k | Reduced -10.8k |
| Ground Swell Capital, LLC 0.01% of their portfolio | 12.7k $8.1k | New |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 11.7k $7.5k | Unchanged |
| HRT FINANCIAL LP 0.00% of their portfolio | 11.2k $7.0k | New |
| XTX Topco Ltd 0.00% of their portfolio | 10.6k $6.8k | New |
| Williams & Novak, LLC 0.01% of their portfolio | 10.0k $6.4k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6.0k $3.8k | Added +1.1k |
| Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio | 5.2k $3.4k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.3k $2.1k | Unchanged |
| TOTAL INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 3.2k $2.1k | New |
| FMR LLC 0.00% of their portfolio | 2.7k $1.7k | Added +108 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.6k $1.7k | Reduced -4.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.3k $815 | Reduced -365 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2k $774 | Reduced -9.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.1k $689 | Unchanged |
| Activest Wealth Management 0.00% of their portfolio | 750 $481 | Unchanged |
| Darwin Wealth Management, LLC 0.00% of their portfolio | 697 $446 | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 661 $424 | Added +9 |
| Arax Advisory Partners 0.00% of their portfolio | 650 $417 | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 534 $342 | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 445 $286 | Unchanged |
| Key Financial Inc 0.00% of their portfolio | 445 $285 | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 280 $180 | Unchanged |
| SOA Wealth Advisors, LLC. 0.00% of their portfolio | 250 $160 | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 197 $126 | New |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 196 $126 | Unchanged |
| NFSG Corp 0.00% of their portfolio | 125 $80 | Unchanged |
| Main Street Group, LTD 0.00% of their portfolio | 125 $80 | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 88 $56 | Unchanged |
| UMB Bank, n.a. 0.00% of their portfolio | 35 $22 | Unchanged |
| CBIZ Investment Advisory Services, LLC 0.00% of their portfolio | 17 $11 | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 4 $3 | Reduced -4.4k |
| CWM, LLC 0.00% of their portfolio | 2 $0 | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1 $1 | Reduced -1.1k |
| Ameritas Advisory Services, LLC 0.00% of their portfolio | 1 $1 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |