Vault-13

AVADEL PHARMACEUTICALS PLC

SPONSORED ADR · CUSIP 05337M104

83 institutional holders +6 vs Q3 2022
33,294,54833.3m shares reported held*
$238.3mreported value*
15 new 24 added 22 reduced 7 sold out net bought ≈ $14.7m (+2.1m 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 ($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

050100Q3 22: 77Q4 22: 8383Q3 22Q4 22
Numbers
QuarterHolders
Q3 202277
Q4 202283

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $5.5mQ3 22 puts: $9.7mQ3 22P/C 1.75Q4 22 calls: $13.7mQ4 22 puts: $12.3mQ4 22P/C 0.89
Numbers
QuarterCallsPutsP/C
Q3 2022$5.5m$9.7m1.75
Q4 2022$13.7m$12.3m0.89

Biggest buyers

JANUS HENDERSON GROUP PLC New +1,207,530+1.2m
Tri Locum Partners LP New +684,556+684.6k
MILLENNIUM MANAGEMENT LLC New +609,336+609.3k
Woodline Partners LP Added +516,235+516.2k
GENDELL JEFFREY L Added +334,278+334.3k
Point72 Asset Management, L.P. New +276,966+277.0k
PURA VIDA INVESTMENTS, LLC Added +174,242+174.2k
Knoll Capital Management, LLC New +150,000+150.0k
Cubist Systematic Strategies, LLC Added +105,401+105.4k
JANE STREET GROUP, LLC New +74,899+74.9k

Biggest sellers

BRANDES INVESTMENT PARTNERS, LP Reduced -1,044,535-1.0m
MPM BIOIMPACT LLC Sold out -412,363-412.4k
Vivo Capital, LLC Reduced -182,998-183.0k
TWO SIGMA INVESTMENTS, LP Reduced -105,943-105.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -103,100-103.1k
LAZARD ASSET MANAGEMENT LLC Reduced -95,861-95.9k
Knott David M Jr Reduced -80,610-80.6k
WEALTH EFFECTS LLC Reduced -79,855-79.9k
Valeo Financial Advisors, LLC Sold out -71,000-71.0k
DEUTSCHE BANK AG\ Sold out -67,482-67.5k

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RTW INVESTMENTS, LP 0.84% of their portfolio NEW YORK, NY 5,741,9395.7m $41.1m $41.1m 0.84% Unchanged
2 GENDELL JEFFREY L 3.25% of their portfolio Greenwich, CT 5,120,6055.1m $36.7m $36.7m 3.25% Added +334.3k +334,278
3 COWEN AND COMPANY, LLC 2.83% of their portfolio NEW YORK, NY 3,732,7783.7m $26.7m $26.7m 2.83% Unchanged
4 Polar Capital Holdings Plc 0.16% of their portfolio London, X0 2,812,4902.8m $20.1m $20.1m 0.16% Unchanged
5 Vivo Capital, LLC 2.27% of their portfolio Palo Alto, CA 2,754,0952.8m $19.7m $19.7m 2.27% Reduced -183.0k -182,998
6 WEALTH EFFECTS LLC 10.28% of their portfolio BOSTON, MA 2,514,9052.5m $18.0m $18.0m 10.28% Reduced -79.9k -79,855
7 BRANDES INVESTMENT PARTNERS, LP 0.33% of their portfolio LA JOLLA, CA 1,655,2601.7m $11.9m $11.9m 0.33% Reduced -1.0m -1,044,535
8 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 1,207,5301.2m $8.6m $8.6m 0.01% New
9 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 685,806685.8k $4.9m $4.9m 0.01% Reduced -103.1k -103,100
10 Tri Locum Partners LP 2.17% of their portfolio NEW YORK, NY 684,556684.6k $4.9m $4.9m 2.17% New
11 SAMSARA BIOCAPITAL, LLC 1.02% of their portfolio PALO ALTO, CA 659,409659.4k $4.7m $4.7m 1.02% Unchanged
12 Woodline Partners LP 0.06% of their portfolio San Francisco, CA 613,141613.1k $4.4m $4.4m 0.06% Added +516.2k +516,235
13 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 609,336609.3k $4.4m $4.4m 0.00% New
14 Modera Wealth Management, LLC 0.17% of their portfolio WESTWOOD, NJ 594,000594.0k $4.3m $4.3m 0.17% Added +48.0k +48,000
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 347,320347.3k $2.5m $2.5m 0.00% Added +468 +468
16 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 343,755343.8k $2.5m $2.5m 0.00% Reduced -8.4k -8,359
17 Knott David M Jr 0.85% of their portfolio SYOSSET, NY 310,251310.3k $2.2m $2.2m 0.85% Reduced -80.6k -80,610
18 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 276,966277.0k $2.0m $2.0m 0.01% New
19 PURA VIDA INVESTMENTS, LLC 0.31% of their portfolio NEW YORK, NY 260,000260.0k $1.9m $1.9m 0.31% Added +174.2k +174,242
20 Edge Wealth Management LLC 0.28% of their portfolio NEW YORK, NY 170,000170.0k $1.2m $1.2m 0.28% Added +14.0k +14,000
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 160,910160.9k $1.2m $1.2m 0.00% Reduced -60.2k -60,159
22 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 157,210157.2k $1.1m $1.1m 0.01% Added +105.4k +105,401
23 Knoll Capital Management, LLC 2.42% of their portfolio MIAMI, FL 150,000150.0k $1.1m $1.1m 2.42% New
24 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 139,005139.0k $995.3k $995.3k 0.00% Reduced -20.0k -20,000
25 INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV 0.52% of their portfolio ATLANTA, GA 138,306138.3k $990.3k $990.3k 0.52% Reduced -2.3k -2,269
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 126,174126.2k $903.0k $903.0k 0.00% Added +32.7k +32,694
27 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 119,021119.0k $852.2k $852.2k 0.00% Reduced -105.9k -105,943
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 105,979106.0k $758.8k $758.8k 0.00% Added +35.9k +35,853
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 99,997100.0k $716.0k $716.0k 0.00% Added +10.7k +10,677
30 SCHULHOFF & CO INC 0.32% of their portfolio CINCINNATI, OH 96,00096.0k $687.4k $687.4k 0.32% Unchanged
31 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 93,10093.1k $666.6k $666.6k 0.00% Reduced -2.7k -2,700
32 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 84,11384.1k $602.2k $602.2k 0.00% Reduced -42.0k -42,022
33 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 79,07979.1k $566.0k $566.0k 0.00% Added +38.6k +38,551
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 74,89974.9k $536.3k $536.3k 0.00% New
35 J. Goldman & Co LP 0.04% of their portfolio NEW YORK, NY 74,25074.2k $531.6k $531.6k 0.04% New
36 Compagnie Lombard Odier SCmA 0.01% of their portfolio 1204 GENEVA, V8 52,00052.0k $372.0k $372.0k 0.01% Added +33.0k +33,000
37 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 49,09649.1k $351.0k $351.0k 0.00% Reduced -95.9k -95,861
38 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 40,63140.6k $290.0k $290.0k 0.00% Added +7.9k +7,942
39 BlackRock Inc. 0.00% of their portfolio New York, NY 38,31838.3k $274.4k $274.4k 0.00% Added +4.2k +4,249
40 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 34,10034.1k $244.0k $244.0k 0.00% Added +1.0k +1,000
41 State of Wyoming 0.07% of their portfolio CHEYENNE, WY 29,11029.1k $208.4k $208.4k 0.07% Added +4.0k +4,001
42 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 28,45028.4k $203.7k $203.7k 0.00% Unchanged
43 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 28,31828.3k $202.8k $202.8k 0.00% Reduced -3.1k -3,126
44 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 26,67726.7k $191.0k $191.0k 0.01% New
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,46324.5k $176.0k $176.0k 0.00% Reduced -2.4k -2,389
46 Carmichael Hill & Associates, Inc. 0.08% of their portfolio GAITHERSBURG, MD 21,00021.0k $150.4k $150.4k 0.08% Unchanged
47 LMR Partners LLP 0.00% of their portfolio LONDON, X0 20,50020.5k $146.8k $146.8k 0.00% Unchanged
48 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 18,25018.2k $130.7k $130.7k 0.00% Added +16.2k +16,240
49 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 17,80117.8k $127.6k $127.6k 0.00% Added +1.7k +1,700
50 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 17,60717.6k $126.1k $126.1k 0.00% Added +543 +543
51 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,65015.7k $112.1k $112.1k 0.00% Reduced -31.2k -31,250
52 Virtu Financial LLC 0.01% of their portfolio New York, NY 15,31015.3k $110.0k $110.0k 0.01% Added +4.8k +4,769
53 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 15,00015.0k $107.4k $107.4k 0.00% Unchanged
54 DRW Securities, LLC 0.02% of their portfolio CHICAGO, IL 15,00015.0k $107.0k $107.0k 0.02% First filing
55 BUCKINGHAM STRATEGIC WEALTH, LLC 0.00% of their portfolio CLAYTON, MO 13,71013.7k $98.2k $98.2k 0.00% Unchanged
56 DeepCurrents Investment Group LLC 0.00% of their portfolio NEW YORK, NY 13,28313.3k $95.1k $95.1k 0.00% Unchanged
57 Legacy Wealth Asset Management, LLC 0.04% of their portfolio WOODBURY, MN 13,00013.0k $93.1k $93.1k 0.04% Unchanged
58 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 12,66612.7k $90.7k $90.7k 0.00% Unchanged
59 Aaron Wealth Advisors LLC 0.01% of their portfolio Chicago, IL 12,64212.6k $90.5k $90.5k 0.01% New
60 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 12,50012.5k $89.5k $89.5k 0.00% Reduced -1.0k -1,000
61 Kapitalo Investimentos Ltda 0.07% of their portfolio SAO PAULO, D5 12,00012.0k $85.9k $85.9k 0.07% New
62 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 11,05811.1k $79.2k $79.2k 0.00% New
63 JOURNEY STRATEGIC WEALTH LLC 0.01% of their portfolio SUMMIT, NJ 10,00010.0k $71.6k $71.6k 0.01% Unchanged
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,5008.5k $60.9k $60.9k 0.00% Reduced -3.0k -3,005
65 PINEBRIDGE INVESTMENTS, L.P. 0.00% of their portfolio NEW YORK, NY 7,3097.3k $52.3k $52.3k 0.00% Unchanged
66 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 6,2506.2k $45.0k $45.0k 0.00% Reduced -8.1k -8,114
67 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 4,0004.0k $28.6k $28.6k 0.00% Unchanged
68 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 2,9583.0k $21.2k $21.2k 0.00% Reduced -561 -561
69 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,9262.9k $20.9k $20.9k 0.00% Reduced -9.0k -9,029
70 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,3002.3k $16.5k $16.5k 0.00% Unchanged
71 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 1,8981.9k $13.6k $13.6k 0.00% Reduced -188 -188
72 Hartford Financial Management Inc. 0.00% of their portfolio WEST HARTFORD, CT 1,0001.0k $7.2k $7.2k 0.00% Unchanged
73 Banque Cantonale Vaudoise 0.00% of their portfolio LAUSANNE, V8 1,0001.0k $7.0k $7.0k 0.00% Unchanged
74 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 729729 $5.2k $5.2k 0.00% Added +70 +70
75 China Universal Asset Management Co., Ltd. 0.00% of their portfolio SHANGHAI, F4 618618 $4.4k $4.4k 0.00% Added +66 +66
76 BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio Marion, MA 500500 $3.6k $3.6k 0.00% Added +100 +100
77 U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio AUSTIN, TX 450450 $3.2k $3.2k 0.00% New
78 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 444444 $3.2k $3.2k 0.00% New
79 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 245245 $2.0k $2.0k 0.00% Added +125 +125
80 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 177177 $1.3k $1.3k 0.00% New
81 Belpointe Asset Management LLC 0.00% of their portfolio RENO, NV 128128 $916 $916 0.00% New
82 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $7 $7 0.00% Unchanged
83 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged