CASSAVA SCIENCES INC FLNA
COM · Common Stock · CUSIP 14817C107 · ISIN US14817C1071
American pharmaceutical company
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersAustin, TX
- Founded1998
- Websitecassavasciences.com
- FilingsSEC EDGAR
146
institutional holders
+4 vs Q1 2024
13.4m
shares reported held*
27.9%
of all shares outstanding*
$165.4mreported value*
22 new
60 added
23 reduced
17 sold out
net bought ≈ $16.8m (+1.4m 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. Shares outstanding: 48.0m as of 2024-08-05, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.35. Options: 16 managers hold calls ($24.5m notional), 20 hold puts ($28.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 174 |
| Q4 2022 | 152 |
| Q1 2023 | 145 |
| Q2 2023 | 152 |
| Q3 2023 | 141 |
| Q4 2023 | 153 |
| Q1 2024 | 142 |
| Q2 2024 | 146 |
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 | 70 | 78 |
| Q1 2023 | 76 | 50 |
| Q2 2023 | 62 | 55 |
| Q3 2023 | 69 | 57 |
| Q4 2023 | 68 | 56 |
| Q1 2024 | 59 | 68 |
| Q2 2024 | 82 | 40 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $65.2m | $58.7m | 0.90 |
| Q4 2023 | $81.5m | $56.7m | 0.70 |
| Q1 2024 | $46.0m | $32.9m | 0.71 |
| Q2 2024 | $24.5m | $28.4m | 1.16 |
Biggest buyers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +675.2k |
| VANGUARD GROUP INC | Added | +326.6k |
| NATIONAL BANK OF CANADA /FI/ | Added | +218.4k |
| BlackRock Inc. | Added | +174.2k |
| CAPITAL FUND MANAGEMENT S.A. | New | +98.9k |
| STATE STREET CORP | Added | +83.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +65.5k |
| Cerity Partners LLC | New | +35.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +35.0k |
| CITADEL ADVISORS LLC | Added | +32.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -449.9k |
| NORGES BANK | Reduced | -52.0k |
| Sculptor Capital LP | Sold out | -32.3k |
| BARCLAYS PLC | Reduced | -30.1k |
| DIMENSIONAL FUND ADVISORS LP | Sold out | -29.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -23.3k |
| UBS Group AG | Reduced | -21.7k |
| Advisory Services Network, LLC | Reduced | -21.4k |
| AMERICAN INTERNATIONAL GROUP, INC. | Sold out | -19.8k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -17.4k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $7.8m634.2k shares |
| LMR Partners LLP | Added | $6.6m535.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.4m277.3k shares |
| Walleye Trading LLC | Added | $1.5m124.1k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m98.2k shares |
| CITADEL ADVISORS LLC | Added | $822.5k66.6k shares |
| GTS SECURITIES LLC | Added | $742.2k60.1k shares |
| Belvedere Trading LLC | Added | $553.3k44.8k shares |
| JANE STREET GROUP, LLC | Reduced | $452.0k36.6k shares |
| BANK OF AMERICA CORP /DE/ | Added | $364.3k29.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.3m431.2k shares |
| JANE STREET GROUP, LLC | Reduced | $2.9m236.6k shares |
| Walleye Trading LLC | Added | $2.9m232.2k shares |
| LMR Partners LLP | Added | $2.5m198.4k shares |
| PERCEPTIVE ADVISORS LLC | New | $2.3m183.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $2.0m162.7k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $1.6m1.4k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m117.9k shares |
| Jefferies Financial Group Inc. | Added | $1.4m117.1k shares |
| Rosalind Advisors, Inc. | New | $1.3m3.7k 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.
Insider purchases and sales in Q2 2024
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 4 | $3.0m | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $2.3m | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 2 | $831.4k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 3.2m $39.8m | Added +174.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.7m $33.1m | Added +326.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $14.5m | Added +83.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 967.3k $11.9m | Added +65.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 690.9k $8.5m | Added +675.2k |
| Gallacher Capital Management LLC 3.79% of their portfolio | 582.5k $7.2m | Reduced -2.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 378.3k $4.7m | Reduced -475 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 351.4k $4.3m | Added +35.0k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 223.6k $2.7m | Added +218.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 169.2k $2.1m | Added +7.0k |
| MORGAN STANLEY 0.00% of their portfolio | 163.3k $2.0m | Reduced -449.9k |
| NORGES BANK 0.00% of their portfolio | 147.6k $1.8m | Reduced -52.0k |
| Clear Creek Financial Management, LLC 0.22% of their portfolio | 145.6k $1.8m | Added +7.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 140.8k $1.7m | Added +21.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 120.6k $1.5m | Reduced -23.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 120.1k $1.5m | Added +23.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 111.8k $1.4m | Added +6 |
| Susquehanna Portfolio Strategies, LLC 0.05% of their portfolio | 105.4k $1.3m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 98.9k $1.2m | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 86.4k $1.1m | Added +3.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 85.2k $1.1m | Added +32.4k |
| Swiss National Bank 0.00% of their portfolio | 80.7k $996.6k | Added +2.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 77.0k $950.4k | Added +912 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 74.0k $913.5k | Added +27.7k |
| UBS Group AG 0.00% of their portfolio | 63.0k $778.2k | Reduced -21.7k |
| LPL Financial LLC 0.00% of their portfolio | 62.1k $767.0k | Added +4.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 59.3k $731.8k | Added +2.3k |
| Essex LLC 0.15% of their portfolio | 55.3k $683.2k | Added +4.6k |
| Legal & General Group Plc 0.00% of their portfolio | 48.6k $599.6k | Added +6.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 48.5k $598.0k | Added +3.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 40.1k $495.5k | Reduced -7 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 38.2k $471.8k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 37.9k $467.9k | Added +18.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 37.1k $458.6k | Added +32.8k |
| Cerity Partners LLC 0.00% of their portfolio | 35.3k $435.5k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 34.8k $430.0k | Added +3.5k |
| Aristides Capital LLC 0.08% of their portfolio | 32.5k $401.0k | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 30.7k $378.6k | Added +3.2k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 28.2k $348.0k | Added +18.3k |
| Hennion & Walsh Asset Management, Inc. 0.02% of their portfolio | 24.9k $307.3k | Reduced -211 |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 24.8k $306.0k | New |
| PFG Investments, LLC 0.02% of their portfolio | 22.9k $282.6k | Added +1.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 22.7k $280.3k | Added +2.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 22.7k $280.3k | Added +2.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 21.9k $270.2k | Added +2.7k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 21.8k $269.8k | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 21.3k $262.6k | Reduced -30.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 21.2k $261.2k | First filing |
| Capital Investment Advisory Services, LLC 0.03% of their portfolio | 20.4k $251.9k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 20.0k $247.0k | Added +3.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 19.3k $238.6k | Reduced -2.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 18.8k $231.6k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 18.7k $231.4k | Reduced -7.9k |
| CITIGROUP INC 0.00% of their portfolio | 18.3k $226.5k | Reduced -3.5k |
| Brookstone Capital Management 0.00% of their portfolio | 17.8k $169.9k | Added +1.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 17.6k $216.7k | Added +1.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 16.4k $202.3k | Reduced -205 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 16.4k $202.5k | Added +1.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 15.6k $193.1k | Added +1 |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 15.6k $193.0k | New |
| Invesco Ltd. 0.00% of their portfolio | 14.8k $182.4k | Added +554 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 14.1k $174.4k | Unchanged |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 13.8k $170.2k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 13.6k $167.5k | Added +409 |
| PROFUND ADVISORS LLC 0.01% of their portfolio | 13.4k $166.0k | Added +591 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 13.4k $165.0k | Added +4.0k |
| IVC Wealth Advisors LLC 0.09% of their portfolio | 13.4k $165.2k | Unchanged |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 12.9k $159.0k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 12.1k $149.0k | Added +11.0k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 12.0k $148.3k | New |
| STRS OHIO 0.00% of their portfolio | 11.9k $147.0k | Added +1.2k |
| Advisory Services Network, LLC 0.00% of their portfolio | 11.8k $145.7k | Reduced -21.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 11.5k $142.0k | Reduced -650 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 11.5k $142.0k | Added +468 |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 11.4k $140.9k | Reduced -156 |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 11.3k $139.0k | Added +1.3k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.02% of their portfolio | 10.6k $131.3k | New |
| Empirical Asset Management, LLC 0.05% of their portfolio | 10.0k $123.5k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 8.5k $104.0k | Added +4.0k |
| Belvedere Trading LLC 0.01% of their portfolio | 7.9k $97.0k | Added +7.1k |
| LANARK FINANCIAL, INC. 0.01% of their portfolio | 7.7k $94.0k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 7.5k $92.2k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 6.9k $136.8k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 5.9k $72.4k | Added +3.4k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 5.4k $66.0k | Unchanged |
| VIRTUS ADVISERS, LLC 0.03% of their portfolio | 4.6k $56.2k | Added +1.7k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 4.5k $55.5k | Added +800 |
| Activest Wealth Management 0.02% of their portfolio | 4.0k $49.4k | New |
| Walleye Trading LLC 0.00% of their portfolio | 4.0k $49.2k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 4.0k $48.8k | Unchanged |
| Byrne Asset Management LLC 0.05% of their portfolio | 3.5k $67.0k | Reduced -85 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.5k $43.2k | Reduced -17.4k |
| SITTNER & NELSON, LLC 0.02% of their portfolio | 2.8k $34.6k | Added +2.0k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 2.2k $27.2k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.1k $26.4k | Unchanged |
| MONTAG A & ASSOCIATES INC 0.00% of their portfolio | 1.5k $18.5k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 1.4k $17.0k | Added +87 |
| FMR LLC 0.00% of their portfolio | 1.4k $16.8k | Reduced -10.4k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.2k $14.9k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.1k $13.1k | Unchanged |