CARA THERAPEUTICS INC
COM · CUSIP 140755109
82
institutional holders
-20 vs Q1 2024
17.8m
shares reported held*
$4.6mreported value*
15 new
15 added
26 reduced
36 sold out
net sold ≈ $1.6m (-6.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.26. Options: 5 managers hold calls ($15.5k notional), 3 hold puts ($129).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 165 |
| Q4 2022 | 162 |
| Q1 2023 | 163 |
| Q2 2023 | 137 |
| Q3 2023 | 123 |
| Q4 2023 | 112 |
| Q1 2024 | 102 |
| Q2 2024 | 82 |
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 |
|---|---|---|
| Q4 2022 | 75 | 62 |
| Q1 2023 | 71 | 85 |
| Q2 2023 | 69 | 84 |
| Q3 2023 | 52 | 71 |
| Q4 2023 | 46 | 61 |
| Q1 2024 | 35 | 57 |
| Q2 2024 | 30 | 62 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $132.0k | $49.1k | 0.37 |
| Q4 2023 | $46.4k | $11.4k | 0.25 |
| Q1 2024 | $45.5k | $3.5k | 0.08 |
| Q2 2024 | $15.5k | $129 | 0.01 |
Biggest buyers
| BNP PARIBAS FINANCIAL MARKETS | Added | +790.6k |
| Y-Intercept (Hong Kong) Ltd | New | +414.7k |
| JANE STREET GROUP, LLC | New | +376.5k |
| GOLDMAN SACHS GROUP INC | Added | +338.0k |
| TWO SIGMA ADVISERS, LP | Added | +201.7k |
| HRT FINANCIAL LP | New | +163.7k |
| ADAR1 Capital Management, LLC | New | +159.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +124.0k |
| DISCIPLINED GROWTH INVESTORS INC /MN | Added | +120.7k |
| Centiva Capital, LP | New | +96.8k |
Biggest sellers
| BlackRock Inc. | Reduced | -2.7m |
| Rosalind Advisors, Inc. | Sold out | -1.5m |
| STATE STREET CORP | Reduced | -822.2k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -548.9k |
| Acuitas Investments, LLC | Sold out | -512.2k |
| Verition Fund Management LLC | Sold out | -390.6k |
| STIFEL FINANCIAL CORP | Reduced | -298.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -266.7k |
| MORGAN STANLEY | Reduced | -248.3k |
| VANGUARD GROUP INC | Reduced | -230.9k |
Biggest calls
| Verition Fund Management LLC | Unchanged | $12.9k50.0k shares |
| GROUP ONE TRADING LLC | New | $1.3k5.2k shares |
| CITADEL ADVISORS LLC | New | $1.3k5.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | Reduced | $0200 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $129500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | Added | $0400 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 |
|---|---|
Vifor (International) Ltd
13D · may seek influence
filed 2024-12-18
Stated purposeThe information set forth in Item 4 is hereby amended and supplemented to read as follows: Asset Purchase Agreement On December 17, 2024, the Issuer and its subsidiary Cara Royalty Sub, LLC ("Royalty Sub" and together with the Issuer, each, a "Seller" and together, the "Sellers") entered into an Asset Purchase Agreement (the "APA") with Vifor Fresenius Medical Care Renal Pharma, Ltd., a majority-owned, indirect subsidiary of CSL Limited ("CSL Vifor"), pursuant to which, at the consummation of the transaction, Sellers will sell to CSL Vifor and CSL Vifor will acquire from Sellers certain assets and rights for the development, manufacture and commercialization of difelikefalin as well as certain associated liabilities (the "Asset Disposition") for a purchase price of $900,000 (subject to … Full filing |
13.5% |
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 2.3m $580.6k | Reduced -230.9k |
| DISCIPLINED GROWTH INVESTORS INC /MN 0.01% of their portfolio | 1.9m $499.4k | Added +120.7k |
| Chescapmanager LLC 0.07% of their portfolio | 1.7m $439.1k | Unchanged |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio | 1.6m $401.5k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.1m $277.8k | Added +790.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 1.1m $275.0k | Reduced -266.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 861.6k $222.3k | Added +201.7k |
| BlackRock Inc. 0.00% of their portfolio | 744.7k $192.1k | Reduced -2.7m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 586.8k $151.4k | Reduced -75.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 477.7k $123.2k | Reduced -158.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 472.7k $122.0k | Reduced -548.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 443.2k $114.3k | Reduced -298.2k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 414.7k $107.0k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 389.7k $100.5k | Added +338.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 376.5k $97.1k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 369.7k $95.4k | Reduced -21.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 267.3k $68.0k | Reduced -66.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 254.2k $65.6k | Reduced -23.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 223.2k $57.6k | Reduced -105.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 185.8k $47.9k | Added +124.0k |
| STATE STREET CORP 0.00% of their portfolio | 180.8k $46.6k | Reduced -822.2k |
| FMR LLC 0.00% of their portfolio | 177.5k $45.8k | Added +15.4k |
| HRT FINANCIAL LP 0.00% of their portfolio | 163.7k $42.0k | New |
| ADAR1 Capital Management, LLC 0.01% of their portfolio | 159.5k $41.1k | New |
| LPL Financial LLC 0.00% of their portfolio | 151.2k $39.0k | Added +431 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 149.7k $38.6k | Added +81.6k |
| Centiva Capital, LP 0.00% of their portfolio | 96.8k $25.0k | New |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 93.1k $24.0k | Unchanged |
| Virtu Financial LLC 0.00% of their portfolio | 76.0k $20.0k | New |
| UBS Group AG 0.00% of their portfolio | 73.0k $18.8k | Added +21.6k |
| MORGAN STANLEY 0.00% of their portfolio | 69.3k $17.9k | Reduced -248.3k |
| Penserra Capital Management LLC 0.00% of their portfolio | 68.1k $18.0k | Added +2.5k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 66.6k $17.2k | New |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 61.6k $15.9k | Added +6.0k |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 57.4k $14.8k | New |
| Paloma Partners Management Co 0.00% of their portfolio | 55.0k $14.2k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 45.6k $11.8k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 34.8k $9.0k | Reduced -5.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 33.0k $8.5k | Added +4.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 30.7k $7.9k | Reduced -46.2k |
| CITIGROUP INC 0.00% of their portfolio | 29.5k $7.6k | Reduced -23.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 24.4k $6.3k | First filing |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 22.5k $5.8k | Added +11.1k |
| Rathbones Group PLC 0.00% of their portfolio | 20.2k $5.2k | Unchanged |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.00% of their portfolio | 19.9k $5.1k | New |
| BARCLAYS PLC 0.00% of their portfolio | 16.5k $4.3k | Reduced -15.9k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 14.4k $3.7k | Reduced -159.0k |
| WEALTH EFFECTS LLC 0.00% of their portfolio | 13.5k $3.5k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 13.1k $3.4k | New |
| Baader Bank Aktiengesellschaft 0.00% of their portfolio | 12.9k $2.7k | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 12.2k $3.1k | Reduced -121 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 11.3k $2.9k | Unchanged |
| JAG CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 11.2k $2.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 10.8k $2.8k | Reduced -1.8k |
| Arax Advisory Partners 0.00% of their portfolio | 7.6k $2.0k | Added +296 |
| Cypress Capital Management LLC (WY) 0.00% of their portfolio | 5.0k $1.3k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.5k $1.0k | Added +3.1k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 3.7k $0 | Reduced -970 |
| BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio | 3.5k $903 | Unchanged |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 2.4k $614 | New |
| LRI Investments, LLC 0.00% of their portfolio | 2.0k $516 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.2k $316 | Reduced -18.2k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1.2k $301 | Reduced -3 |
| CWM, LLC 0.00% of their portfolio | 970 $0 | Reduced -373 |
| McIlrath & Eck, LLC 0.00% of their portfolio | 736 $190 | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 719 $248 | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 525 $135 | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 500 $0 | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 405 $104 | Reduced -16.0k |
| FinTrust Capital Advisors, LLC 0.00% of their portfolio | 260 $68 | Unchanged |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 220 $57 | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 150 $39 | Unchanged |
| Abich Financial Wealth Management LLC 0.00% of their portfolio | 140 $36 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 100 $25 | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 100 $26 | Unchanged |
| Front Row Advisors LLC 0.00% of their portfolio | 80 $21 | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 40 $10 | Unchanged |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 40 $14 | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 35 $9 | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 4 $1 | Unchanged |
| DHJJ Financial Advisors, Ltd. 0.00% of their portfolio | 2 $1 | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 0 $0 | Reduced -917 |