AVADEL PHARMACEUTICALS PLC
SPONSORED ADR · CUSIP 05337M104
* 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.16. Options: 13 managers hold calls ($13.7m notional), 8 hold puts ($12.3m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 77 |
| Q4 2022 | 83 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $5.5m | $9.7m | 1.75 |
| Q4 2022 | $13.7m | $12.3m | 0.89 |
Biggest buyers
| JANUS HENDERSON GROUP PLC | New | +1.2m |
| Tri Locum Partners LP | New | +684.6k |
| MILLENNIUM MANAGEMENT LLC | New | +609.3k |
| Woodline Partners LP | Added | +516.2k |
| GENDELL JEFFREY L | Added | +334.3k |
| Point72 Asset Management, L.P. | New | +277.0k |
| PURA VIDA INVESTMENTS, LLC | Added | +174.2k |
| Knoll Capital Management, LLC | New | +150.0k |
| Cubist Systematic Strategies, LLC | Added | +105.4k |
| JANE STREET GROUP, LLC | New | +74.9k |
Biggest sellers
| BRANDES INVESTMENT PARTNERS, LP | Reduced | -1.0m |
| MPM BIOIMPACT LLC | Sold out | -412.4k |
| Vivo Capital, LLC | Reduced | -183.0k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -105.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -103.1k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -95.9k |
| Knott David M Jr | Reduced | -80.6k |
| WEALTH EFFECTS LLC | Reduced | -79.9k |
| Valeo Financial Advisors, LLC | Sold out | -71.0k |
| DEUTSCHE BANK AG\ | Sold out | -67.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.4m471.5k shares |
| SILVERBACK ASSET MANAGEMENT LLC | Added | $2.7m375.8k shares |
| GROUP ONE TRADING LLC | Added | $2.4m335.9k shares |
| CITADEL ADVISORS LLC | Added | $2.1m297.5k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.7m237.2k shares |
| JANE STREET GROUP, LLC | New | $656.6k91.7k shares |
| Caption Management, LLC | New | $393.8k55.0k shares |
| JPMORGAN CHASE & CO | Reduced | $284.0k39.7k shares |
| Belvedere Trading LLC | New | $78.0k10.9k shares |
| HAP Trading, LLC | Added | $21.0k26.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $5.2m719.5k shares |
| DeepCurrents Investment Group LLC | Unchanged | $3.5m5.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m277.5k shares |
| Verition Fund Management LLC | Reduced | $1.0m141.6k shares |
| GROUP ONE TRADING LLC | Added | $376.6k52.6k shares |
| DRW Securities, LLC | First filing | $193.0k27.0k shares |
| Belvedere Trading LLC | New | $10.7k1.5k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: GENDELL JEFFREY L (4.9%, 2026-02-06)
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| RTW INVESTMENTS, LP 0.84% of their portfolio | 5.7m $41.1m | Unchanged |
| GENDELL JEFFREY L 3.25% of their portfolio | 5.1m $36.7m | Added +334.3k |
| COWEN AND COMPANY, LLC 2.83% of their portfolio | 3.7m $26.7m | Unchanged |
| Polar Capital Holdings Plc 0.16% of their portfolio | 2.8m $20.1m | Unchanged |
| Vivo Capital, LLC 2.27% of their portfolio | 2.8m $19.7m | Reduced -183.0k |
| WEALTH EFFECTS LLC 10.28% of their portfolio | 2.5m $18.0m | Reduced -79.9k |
| BRANDES INVESTMENT PARTNERS, LP 0.33% of their portfolio | 1.7m $11.9m | Reduced -1.0m |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 1.2m $8.6m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 685.8k $4.9m | Reduced -103.1k |
| Tri Locum Partners LP 2.17% of their portfolio | 684.6k $4.9m | New |
| SAMSARA BIOCAPITAL, LLC 1.02% of their portfolio | 659.4k $4.7m | Unchanged |
| Woodline Partners LP 0.06% of their portfolio | 613.1k $4.4m | Added +516.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 609.3k $4.4m | New |
| Modera Wealth Management, LLC 0.17% of their portfolio | 594.0k $4.3m | Added +48.0k |
| MORGAN STANLEY 0.00% of their portfolio | 347.3k $2.5m | Added +468 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 343.8k $2.5m | Reduced -8.4k |
| Knott David M Jr 0.85% of their portfolio | 310.3k $2.2m | Reduced -80.6k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 277.0k $2.0m | New |
| PURA VIDA INVESTMENTS, LLC 0.31% of their portfolio | 260.0k $1.9m | Added +174.2k |
| Edge Wealth Management LLC 0.28% of their portfolio | 170.0k $1.2m | Added +14.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 160.9k $1.2m | Reduced -60.2k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 157.2k $1.1m | Added +105.4k |
| Knoll Capital Management, LLC 2.42% of their portfolio | 150.0k $1.1m | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 139.0k $995.3k | Reduced -20.0k |
| INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV 0.52% of their portfolio | 138.3k $990.3k | Reduced -2.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 126.2k $903.0k | Added +32.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 119.0k $852.2k | Reduced -105.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 106.0k $758.8k | Added +35.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 100.0k $716.0k | Added +10.7k |
| SCHULHOFF & CO INC 0.32% of their portfolio | 96.0k $687.4k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 93.1k $666.6k | Reduced -2.7k |
| STATE STREET CORP 0.00% of their portfolio | 84.1k $602.2k | Reduced -42.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 79.1k $566.0k | Added +38.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 74.9k $536.3k | New |
| J. Goldman & Co LP 0.04% of their portfolio | 74.2k $531.6k | New |
| Compagnie Lombard Odier SCmA 0.01% of their portfolio | 52.0k $372.0k | Added +33.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 49.1k $351.0k | Reduced -95.9k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 40.6k $290.0k | Added +7.9k |
| BlackRock Inc. 0.00% of their portfolio | 38.3k $274.4k | Added +4.2k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 34.1k $244.0k | Added +1.0k |
| State of Wyoming 0.07% of their portfolio | 29.1k $208.4k | Added +4.0k |
| LPL Financial LLC 0.00% of their portfolio | 28.4k $203.7k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 28.3k $202.8k | Reduced -3.1k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 26.7k $191.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 24.5k $176.0k | Reduced -2.4k |
| Carmichael Hill & Associates, Inc. 0.08% of their portfolio | 21.0k $150.4k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 20.5k $146.8k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 18.2k $130.7k | Added +16.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 17.8k $127.6k | Added +1.7k |
| Creative Planning 0.00% of their portfolio | 17.6k $126.1k | Added +543 |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 15.7k $112.1k | Reduced -31.2k |
| Virtu Financial LLC 0.01% of their portfolio | 15.3k $110.0k | Added +4.8k |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 15.0k $107.4k | Unchanged |
| DRW Securities, LLC 0.02% of their portfolio | 15.0k $107.0k | First filing |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.00% of their portfolio | 13.7k $98.2k | Unchanged |
| DeepCurrents Investment Group LLC 0.00% of their portfolio | 13.3k $95.1k | Unchanged |
| Legacy Wealth Asset Management, LLC 0.04% of their portfolio | 13.0k $93.1k | Unchanged |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 12.7k $90.7k | Unchanged |
| Aaron Wealth Advisors LLC 0.01% of their portfolio | 12.6k $90.5k | New |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 12.5k $89.5k | Reduced -1.0k |
| Kapitalo Investimentos Ltda 0.07% of their portfolio | 12.0k $85.9k | New |
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 11.1k $79.2k | New |
| JOURNEY STRATEGIC WEALTH LLC 0.01% of their portfolio | 10.0k $71.6k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.5k $60.9k | Reduced -3.0k |
| PINEBRIDGE INVESTMENTS, L.P. 0.00% of their portfolio | 7.3k $52.3k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6.2k $45.0k | Reduced -8.1k |
| Larson Financial Group LLC 0.00% of their portfolio | 4.0k $28.6k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 3.0k $21.2k | Reduced -561 |
| UBS Group AG 0.00% of their portfolio | 2.9k $20.9k | Reduced -9.0k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 2.3k $16.5k | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 1.9k $13.6k | Reduced -188 |
| Hartford Financial Management Inc. 0.00% of their portfolio | 1.0k $7.2k | Unchanged |
| Banque Cantonale Vaudoise 0.00% of their portfolio | 1.0k $7.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 729 $5.2k | Added +70 |
| China Universal Asset Management Co., Ltd. 0.00% of their portfolio | 618 $4.4k | Added +66 |
| BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio | 500 $3.6k | Added +100 |
| U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio | 450 $3.2k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 444 $3.2k | New |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 245 $2.0k | Added +125 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 177 $1.3k | New |
| Belpointe Asset Management LLC 0.00% of their portfolio | 128 $916 | New |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $7 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |