Vault-13

BIONTECH SE BNTX

SPONSORED ADS · ADR · CUSIP 09075V102 · ISIN US09075V1026

Biotechnology company from Germany

275 institutional holders -11 vs Q4 2025
47,371,06747.4m shares reported held*
$4.2bnreported value*
40 new 90 added 76 reduced 51 sold out net sold ≈ $332.9m (-3.7m 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 ($13.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $88.82. Options: 18 managers hold calls ($86.1m notional), 22 hold puts ($197.9m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 266Q4 22: 322Q1 23: 283Q2 23: 255Q3 23: 256Q4 23: 284Q1 24: 289Q2 24: 288Q3 24: 300Q4 24: 305Q1 25: 281Q2 25: 260Q3 25: 255Q4 25: 286Q1 26: 275275Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022266
Q4 2022322
Q1 2023283
Q2 2023255
Q3 2023256
Q4 2023284
Q1 2024289
Q2 2024288
Q3 2024300
Q4 2024305
Q1 2025281
Q2 2025260
Q3 2025255
Q4 2025286
Q1 2026275

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 121 bought or addedQ2 24: 135 cut or sold outQ3 24: 146 bought or addedQ3 24: 159 cut or sold outQ3 24Q4 24: 126 bought or addedQ4 24: 138 cut or sold outQ1 25: 111 bought or addedQ1 25: 158 cut or sold outQ1 25Q2 25: 115 bought or addedQ2 25: 133 cut or sold outQ3 25: 102 bought or addedQ3 25: 123 cut or sold outQ3 25Q4 25: 137 bought or addedQ4 25: 109 cut or sold outQ1 26: 130 bought or addedQ1 26: 127 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024121135
Q3 2024146159
Q4 2024126138
Q1 2025111158
Q2 2025115133
Q3 2025102123
Q4 2025137109
Q1 2026130127

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ2 25 calls: $149.8mQ2 25 puts: $180.3mQ2 25P/C 1.20Q3 25 calls: $114.3mQ3 25 puts: $160.1mQ3 25P/C 1.40Q4 25 calls: $145.4mQ4 25 puts: $146.7mQ4 25P/C 1.01Q1 26 calls: $86.1mQ1 26 puts: $197.9mQ1 26P/C 2.30
Numbers
QuarterCallsPutsP/C
Q2 2025$149.8m$180.3m1.20
Q3 2025$114.3m$160.1m1.40
Q4 2025$145.4m$146.7m1.01
Q1 2026$86.1m$197.9m2.30

Biggest buyers

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ New +670,514+670.5k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +533,664+533.7k
BlackRock, Inc. Added +505,269+505.3k
FIRST TRUST ADVISORS LP Added +451,124+451.1k
CITADEL ADVISORS LLC Added +273,197+273.2k
Quinn Opportunity Partners LLC Added +172,332+172.3k
BANK OF AMERICA CORP /DE/ Added +166,432+166.4k
ARK Investment Management LLC New +127,878+127.9k
WELLINGTON MANAGEMENT GROUP LLP Added +121,951+122.0k
Longaeva Partners L.P. New +119,204+119.2k

Biggest sellers

T. Rowe Price Investment Management, Inc. Reduced -1,715,224-1.7m
Capital International Investors Sold out -1,134,941-1.1m
JANE STREET GROUP, LLC Reduced -1,024,464-1.0m
FLOSSBACH VON STORCH SE Reduced -515,733-515.7k
BAILLIE GIFFORD & CO Reduced -362,295-362.3k
D. E. Shaw & Co., Inc. Reduced -288,784-288.8k
Capital International, Inc./CA/ Sold out -273,073-273.1k
BAKER BROS. ADVISORS LP Reduced -249,180-249.2k
MILLENNIUM MANAGEMENT LLC Reduced -236,993-237.0k
FMR LLC Reduced -224,354-224.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $17.5m196.8k shares
Walleye Trading LLC Added $15.5m173.9k shares
IMC-Chicago, LLC Reduced $13.6m153.0k shares
CITADEL ADVISORS LLC Reduced $12.1m136.6k shares
PEAK6 LLC Reduced $7.1m79.8k shares
JANE STREET GROUP, LLC Reduced $5.3m59.4k shares
JPMORGAN CHASE & CO Added $3.7m43.0k shares
CITIGROUP INC Reduced $2.2m24.9k shares
GROUP ONE TRADING LLC Reduced $1.9m21.2k shares
BNP PARIBAS FINANCIAL MARKETS New $1.5m170 shares

Biggest puts

CITADEL ADVISORS LLC Added $40.2m452.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.2m373.4k shares
GROUP ONE TRADING LLC Added $32.0m360.2k shares
JANE STREET GROUP, LLC Added $21.7m244.2k shares
IMC-Chicago, LLC Added $13.3m149.6k shares
PEAK6 LLC Added $11.7m131.8k shares
Twin Tree Management, LP New $7.5m84.0k shares
Walleye Trading LLC Added $7.3m81.8k shares
CITIGROUP INC Added $6.7m74.9k shares
D. E. Shaw & Co., Inc. Reduced $5.8m65.0k 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.

HolderStakeChangeShares Last filed
ATHOS KG 13G · exempt (held before listing) filed 2026-05-14 40.2% 101.7m 2026-05-14
Medine GmbH 13G · passive filed 2025-05-13 17.6% 42.2m 2025-05-13
Sahin Ugur 13G · passive filed 2026-05-15 15.8% 40.1m 2026-05-15

Insider purchases and sales in Q1 2026

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 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 T. Rowe Price Investment Management, Inc. 0.36% of their portfolio BALTIMORE, MD 5,856,0735.9m $520.5m $520.5m 0.36% Reduced -1.7m -1,715,224
2 FMR LLC 0.03% of their portfolio BOSTON, MA 5,709,2405.7m $507.4m $507.4m 0.03% Reduced -224.4k -224,354
3 PRIMECAP MANAGEMENT CO/CA/ 0.27% of their portfolio PASADENA, CA 3,793,7113.8m $337.2m $337.2m 0.27% Reduced -6.3k -6,300
4 FLOSSBACH VON STORCH SE 1.53% of their portfolio COLOGNE, 2M 3,680,3153.7m $327.1m $327.1m 1.53% Reduced -515.7k -515,733
5 Dodge & Cox 0.18% of their portfolio San Francisco, CA 3,676,7913.7m $326.8m $326.8m 0.18% Added +62.3k +62,300
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,658,1531.7m $147.4m $147.4m 0.00% Added +505.3k +505,269
7 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 1,651,7891.7m $146.8m $146.8m 0.10% Added +73.7k +73,695
8 Temasek Holdings (Private) Ltd 0.45% of their portfolio SINGAPORE, U0 1,506,0271.5m $133.9m $133.9m 0.45% Unchanged
9 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 951,372951.4k $84.6m $84.6m 0.06% Added +273.2k +273,197
10 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 903,029903.0k $80.3m $80.3m 0.01% Added +166.4k +166,432
11 GSK plc 13.20% of their portfolio London, X0 889,824889.8k $79.1m $79.1m 13.20% Unchanged
12 BAILLIE GIFFORD & CO 0.08% of their portfolio EDINBURGH, X0 882,572882.6k $78.4m $78.4m 0.08% Reduced -362.3k -362,295
13 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 839,991840.0k $74.7m $74.7m 0.05% Added +451.1k +451,124
14 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 783,995784.0k $69.7m $69.7m 0.01% Added +533.7k +533,664
15 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 670,514670.5k $59.6m $59.6m 0.02% New
16 Long Focus Capital Management, LLC 2.43% of their portfolio SAN JUAN, PR 624,000624.0k $55.5m $55.5m 2.43% Added +116.3k +116,345
17 Candriam S.C.A. 0.23% of their portfolio STRASSEN, N4 488,367488.4k $43.4m $43.4m 0.23% Reduced -116.5k -116,549
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 482,411482.4k $42.9m $42.9m 0.00% Reduced -198.3k -198,258
19 DekaBank Deutsche Girozentrale 0.07% of their portfolio FRANKFURT, 2M 481,397481.4k $42.1m $42.1m 0.07% Unchanged
20 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 476,923476.9k $42.4m $42.4m 0.03% Added +76.3k +76,330
21 TANG CAPITAL MANAGEMENT LLC 2.12% of their portfolio SAN DIEGO, CA 470,000470.0k $41.8m $41.8m 2.12% Unchanged
22 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 391,689391.7k $34.8m $34.8m 0.01% Reduced -54.6k -54,594
23 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio FRANKFURT AM MAIN, 2M 387,214387.2k $34.4m $34.4m 0.03% Reduced -13.2k -13,168
24 LBP AM SA 0.47% of their portfolio Paris, I0 385,109385.1k $34.2m $34.2m 0.47% Added +16.5k +16,525
25 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 384,626384.6k $34.2m $34.2m 0.01% Reduced -193.3k -193,274
26 Legal & General Group Plc 0.01% of their portfolio London, X0 350,008350.0k $31.0m $31.0m 0.01% Added +28.9k +28,897
27 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 336,757336.8k $29.9m $29.9m 0.03% Reduced -1.0m -1,024,464
28 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 310,366310.4k $27.6m $27.6m 0.02% Added +54.1k +54,141
29 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio JUPITER, FL 307,864307.9k $27.4m $27.4m 0.11% Reduced -129.7k -129,701
30 Davern Capital Partners, LP 7.44% of their portfolio NY, NY 305,055305.1k $27.1m $27.1m 7.44% Reduced -66.2k -66,161
31 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 303,508303.5k $27.0m $27.0m 0.02% Added +21.7k +21,678
32 Hudson Bay Capital Management LP 0.15% of their portfolio STAMFORD, CT 275,000275.0k $24.4m $24.4m 0.15% Reduced -100.0k -100,000
33 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 270,245270.2k $24.0m $24.0m 0.03% Reduced -95.1k -95,088
34 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio PHILADELPHIA, PA 259,733259.7k $23.1m $23.1m 0.04% Added +38.2k +38,204
35 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 249,046249.0k $22.1m $22.1m 0.02% Reduced -11.1k -11,061
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 240,538240.5k $21.4m $21.4m 0.00% Reduced -1.0k -1,035
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 234,439234.4k $20.8m $20.8m 0.00% Reduced -14.6k -14,606
38 Quinn Opportunity Partners LLC 1.07% of their portfolio CHARLOTTESVILLE, VA 228,832228.8k $20.3m $20.3m 1.07% Added +172.3k +172,332
39 SEB Asset Management AB 0.08% of their portfolio STOCKHOLM, V7 200,108200.1k $17.8m $17.8m 0.08% First filing
40 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 199,768199.8k $17.8m $17.8m 0.01% Reduced -288.8k -288,784
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 193,461193.5k $17.2m $17.2m 0.02% Added +44.2k +44,237
42 GROUPAMA ASSET MANAGMENT 0.24% of their portfolio PARIS, I0 185,036185.0k $16.4m $16.4m 0.24% Reduced -4.0k -4,033
43 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 180,632180.6k $16.1m $16.1m 0.00% Added +30.3k +30,255
44 CenterBook Partners LP 0.82% of their portfolio GREENWICH, CT 171,166171.2k $15.2m $15.2m 0.82% Reduced -65.0k -65,009
45 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 166,179166.2k $14.8m $14.8m 0.01% Added +57.9k +57,921
46 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 158,970159.0k $14.1m $14.1m 0.01% Reduced -10.2k -10,208
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 152,473152.5k $13.6m $13.6m 0.00% Reduced -20.6k -20,616
48 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 137,420137.4k $12.2m $12.2m 0.00% Added +16.8k +16,815
49 Baader Bank Aktiengesellschaft 1.18% of their portfolio Unterschleissheim, 2M 136,425136.4k $12.0m $12.0m 1.18% Reduced -15.9k -15,914
50 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 135,018135.0k $12.0m $12.0m 0.00% Added +122.0k +121,951
51 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 131,798131.8k $11.2m $11.2m 0.01% Added +43.0k +42,960
52 Amundi 0.00% of their portfolio Paris, I0 129,513129.5k $11.5m $11.5m 0.00% Added +25.5k +25,506
53 ARK Investment Management LLC 0.09% of their portfolio ST. PETERSBURG, FL 127,878127.9k $11.4m $11.4m 0.09% New
54 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 122,248122.2k $10.9m $10.9m 0.01% Added +18.9k +18,872
55 BAKER BROS. ADVISORS LP 0.06% of their portfolio NEW YORK, NY 119,743119.7k $10.6m $10.6m 0.06% Reduced -249.2k -249,180
56 Longaeva Partners L.P. 0.51% of their portfolio Chicago, IL 119,204119.2k $10.6m $10.6m 0.51% New
57 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 117,268117.3k $10.0m $10.0m 0.00% Added +4.6k +4,571
58 Carmignac Gestion 0.15% of their portfolio PARIS, I0 112,711112.7k $10.0m $10.0m 0.15% Reduced -31.4k -31,376
59 GROUP ONE TRADING LLC 0.31% of their portfolio CHICAGO, IL 103,948103.9k $9.2m $9.2m 0.31% Added +101.5k +101,522
60 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 96,82996.8k $8.6m $8.6m 0.00% Reduced -11.4k -11,417
61 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 95,55895.6k $8.5m $8.5m 0.01% Added +380 +380
62 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 93,45593.5k $8.3m $8.3m 0.02% Added +90.0k +90,043
63 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 93,10793.1k $8.3m $8.3m 0.03% Added +10.9k +10,885
64 EDMOND DE ROTHSCHILD HOLDING S.A. 0.12% of their portfolio CHAMBESY, V8 92,31092.3k $8.2m $8.2m 0.12% Unchanged
65 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 91,80091.8k $8.2m $8.2m 0.00% Added +11.0k +10,959
66 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 82,84982.8k $7.4m $7.4m 0.02% Added +49.1k +49,105
67 Jump Financial, LLC 0.10% of their portfolio Chicago, IL 79,18979.2k $7.0m $7.0m 0.10% Reduced -118.3k -118,311
68 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 77,69477.7k $6.9m $6.9m 0.00% New
69 Amova Asset Management Americas, Inc. 0.10% of their portfolio New York, NY 77,69477.7k $6.9m $6.9m 0.10% New
70 Alyeska Investment Group, L.P. 0.02% of their portfolio CHICAGO, IL 76,95077.0k $6.8m $6.8m 0.02% New
71 Susquehanna Portfolio Strategies, LLC 0.10% of their portfolio Bala Cynwyd, PA 76,02776.0k $6.8m $6.8m 0.10% Added +7.1k +7,054
72 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 60,41860.4k $5.4m $5.4m 0.01% Added +4.2k +4,200
73 Bank Julius Baer & Co. Ltd, Zurich 0.02% of their portfolio ZURICH, V8 59,94759.9k $5.3m $5.3m 0.02% Added +2.3k +2,254
74 Krensavage Asset Management, LLC 2.07% of their portfolio NEW YORK, NY 59,52359.5k $5.3m $5.3m 2.07% Reduced -40.0k -40,000
75 APG Asset Management N.V. 0.01% of their portfolio Amsterdam, P7 53,42653.4k $4.1m $4.1m 0.01% Added +5.6k +5,640
76 Slow Capital, Inc. 0.55% of their portfolio GREENBRAE, CA 47,70647.7k $4.2m $4.2m 0.55% Added +10.9k +10,883
77 Erste Asset Management GmbH 0.04% of their portfolio VIENNA, C4 47,70047.7k $4.1m $4.1m 0.04% Unchanged
78 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 47,64347.6k $4.2m $4.2m 0.00% Reduced -584 -584
79 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 46,99147.0k $4.2m $4.2m 0.00% Added +6.3k +6,308
80 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 46,30746.3k $4.1m $4.1m 0.00% Reduced -3.7k -3,700
81 SCOTIA CAPITAL INC. 0.02% of their portfolio TORONTO, A6 45,00045.0k $4.0m $4.0m 0.02% New
82 PEAK6 LLC 0.11% of their portfolio AUSTIN, TX 43,05443.1k $3.8m $3.8m 0.11% Reduced -6.9k -6,946
83 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 40,48340.5k $3.6m $3.6m 0.00% Reduced -74.0k -73,978
84 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 38,31938.3k $3.4m $3.4m 0.02% Reduced -3.4k -3,387
85 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 35,37235.4k $3.1m $3.1m 0.00% Reduced -237.0k -236,993
86 Raiffeisen Bank International AG 0.04% of their portfolio VIENNA, C4 35,00035.0k $3.0m $3.0m 0.04% Added +8.0k +8,000
87 USS Investment Management Ltd 0.01% of their portfolio London, X0 32,57732.6k $2.9m $2.9m 0.01% Added +382 +382
88 Crocodile Capital Partners GmbH 2.02% of their portfolio URSENSOLLEN, 2M 29,58629.6k $2.8m $2.8m 2.02% Unchanged
89 IMC-Chicago, LLC 0.04% of their portfolio CHICAGO, IL 27,57127.6k $2.5m $2.5m 0.04% Added +2.9k +2,866
90 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 27,53527.5k $2.4m $2.4m 0.00% Added +1.3k +1,321
91 Privium Fund Management B.V. 0.50% of their portfolio AMSTERDAM, P7 27,00027.0k $2.4m $2.4m 0.50% Reduced -6.3k -6,300
92 Leonteq Securities AG 0.14% of their portfolio ZURICH, V8 26,78426.8k $2.4m $2.4m 0.14% Reduced -643 -643
93 Lighthouse Investment Partners, LLC 0.08% of their portfolio Palm Beach Gardens, FL 25,00025.0k $2.2m $2.2m 0.08% New
94 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 24,84424.8k $2.2m $2.2m 0.00% Added +17.8k +17,775
95 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 24,53124.5k $2.2m $2.2m 0.00% Reduced -3.9k -3,942
96 SECTORAL ASSET MANAGEMENT INC 1.69% of their portfolio MONTREAL, A8 22,16422.2k $2.0m $2.0m 1.69% Added +4.9k +4,946
97 KENNEDY CAPITAL MANAGEMENT LLC 0.04% of their portfolio ST LOUIS, MO 21,91321.9k $1.9m $1.9m 0.04% Added +848 +848
98 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.41% of their portfolio Singapore, U0 21,00021.0k $1.9m $1.9m 0.41% Added +15.0k +15,000
99 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,98521.0k $1.9m $1.9m 0.00% Reduced -249 -249
100 Bellevue Group AG 0.04% of their portfolio ZURICH, V8 20,85120.9k $1.9m $1.9m 0.04% Reduced -22.9k -22,904