Vault-13

DYNAVAX TECHNOLOGIES CORP DVAX

COM NEW · Common Stock · CUSIP 268158201 · ISIN US2681582019

267 institutional holders -3 vs Q3 2025
111,978,817112.0m shares reported held*
$1.7bnreported value*
51 new 75 added 100 reduced 51 sold out net sold ≈ $46.7m (-3.0m 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 ($4.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.38. Options: 8 managers hold calls ($4.3m notional), 6 hold puts ($5.1m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 236Q4 22: 231Q1 23: 217Q2 23: 217Q3 23: 227Q4 23: 247Q1 24: 245Q2 24: 239Q3 24: 252Q4 24: 257Q1 25: 284Q2 25: 270Q3 25: 270Q4 25: 267267Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022236
Q4 2022231
Q1 2023217
Q2 2023217
Q3 2023227
Q4 2023247
Q1 2024245
Q2 2024239
Q3 2024252
Q4 2024257
Q1 2025284
Q2 2025270
Q3 2025270
Q4 2025267

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 120 bought or addedQ1 24: 112 cut or sold outQ2 24: 108 bought or addedQ2 24: 125 cut or sold outQ2 24Q3 24: 112 bought or addedQ3 24: 118 cut or sold outQ4 24: 128 bought or addedQ4 24: 111 cut or sold outQ4 24Q1 25: 133 bought or addedQ1 25: 114 cut or sold outQ2 25: 105 bought or addedQ2 25: 177 cut or sold outQ2 25Q3 25: 115 bought or addedQ3 25: 139 cut or sold outQ4 25: 126 bought or addedQ4 25: 151 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024120112
Q2 2024108125
Q3 2024112118
Q4 2024128111
Q1 2025133114
Q2 2025105177
Q3 2025115139
Q4 2025126151

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 25 calls: $7.3mQ1 25 puts: $3.3mQ1 25P/C 0.45Q2 25 calls: $3.4mQ2 25 puts: $768.3kQ2 25P/C 0.22Q3 25 calls: $3.6mQ3 25 puts: $2.9mQ3 25P/C 0.81Q4 25 calls: $4.3mQ4 25 puts: $5.1mQ4 25P/C 1.19
Numbers
QuarterCallsPutsP/C
Q1 2025$7.3m$3.3m0.45
Q2 2025$3.4m$768.3k0.22
Q3 2025$3.6m$2.9m0.81
Q4 2025$4.3m$5.1m1.19

Biggest buyers

SOROS FUND MANAGEMENT LLC New +1,569,507+1.6m
Sand Grove Capital Management LLP New +1,528,853+1.5m
Nuveen, LLC Added +1,528,733+1.5m
ALLIANCEBERNSTEIN L.P. Added +913,441+913.4k
STATE STREET CORP Added +878,686+878.7k
Magnetar Financial LLC New +778,013+778.0k
TIG Advisors, LLC New +742,263+742.3k
WATER ISLAND CAPITAL LLC New +610,261+610.3k
Versor Investments LP New +595,449+595.4k
Balyasny Asset Management L.P. New +567,389+567.4k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -3,555,934-3.6m
TANG CAPITAL MANAGEMENT LLC Reduced -1,393,141-1.4m
JPMORGAN CHASE & CO Reduced -1,266,907-1.3m
CITADEL ADVISORS LLC Reduced -1,238,309-1.2m
Chicago Capital, LLC Reduced -839,222-839.2k
Rhenman & Partners Asset Management AB Sold out -772,000-772.0k
Kynam Capital Management, LP Reduced -769,687-769.7k
MACQUARIE GROUP LTD Sold out -761,305-761.3k
PEREGRINE CAPITAL MANAGEMENT LLC Sold out -671,231-671.2k
DIMENSIONAL FUND ADVISORS LP Reduced -556,166-556.2k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.3m82.4k shares
SIMPLEX TRADING, LLC Added $1.1m72.8k shares
GROUP ONE TRADING LLC Reduced $569.1k37.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $459.9k29.9k shares
JANE STREET GROUP, LLC Added $427.6k27.8k shares
Walleye Trading LLC Reduced $213.8k13.9k shares
Shaolin Capital Management LLC New $167.6k10.9k shares
Walleye Capital LLC Reduced $98.4k6.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.1m134.1k shares
CITADEL ADVISORS LLC Added $942.8k61.3k shares
GOLDMAN SACHS GROUP INC Reduced $649.0k42.2k shares
EQUITEC PROPRIETARY MARKETS, LLC New $636.7k41.4k shares
SIMPLEX TRADING, LLC Added $592.1k38.5k shares
GROUP ONE TRADING LLC Added $261.5k17.0k 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
BlackRock, Inc. 13G · institution filed 2025-07-17 14.2% 17.0m 2025-07-17

Fell to 5% or below in the last year: Deep Track Capital, LP (0.0%, 2026-02-11)

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 16,307,31216.3m $250.8m $250.8m 0.00% Added +58.1k +58,077
2 Deep Track Capital, LP 5.52% of their portfolio GREENWICH, CT 15,726,34915.7m $241.9m $241.9m 5.52% Unchanged
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 8,027,4488.0m $123.5m $123.5m 0.00% Reduced -72.3k -72,310
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,164,1637.2m $110.2m $110.2m 0.00% Added +878.7k +878,686
5 Chicago Capital, LLC 1.32% of their portfolio Chicago, IL 3,469,5803.5m $53.4m $53.4m 1.32% Reduced -839.2k -839,222
6 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 3,337,5333.3m $51.3m $51.3m 0.08% Added +199.0k +198,986
7 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,011,0863.0m $46.3m $46.3m 0.01% Reduced -556.2k -556,166
8 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 2,509,7692.5m $38.6m $38.6m 0.04% Added +473.8k +473,766
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,415,0652.4m $37.1m $37.1m 0.00% Reduced -115.3k -115,338
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,153,9792.2m $33.1m $33.1m 0.00% Added +291.4k +291,423
11 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 1,910,5881.9m $29.4m $29.4m 0.01% Added +1.5m +1,528,733
12 BLAIR WILLIAM & CO/IL 0.07% of their portfolio CHICAGO, IL 1,781,4421.8m $27.4m $27.4m 0.07% Reduced -447.2k -447,167
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,653,9931.7m $25.4m $25.4m 0.00% Reduced -4.8k -4,761
14 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 1,632,6101.6m $25.1m $25.1m 0.04% Added +204.0k +203,955
15 SOROS FUND MANAGEMENT LLC 0.32% of their portfolio NEW YORK, NY 1,569,5071.6m $24.1m $24.1m 0.32% New
16 Sand Grove Capital Management LLP 7.97% of their portfolio LONDON, X0 1,528,8531.5m $23.5m $23.5m 7.97% New
17 Kynam Capital Management, LP 1.38% of their portfolio PRINCETON, NJ 1,375,6321.4m $21.2m $21.2m 1.38% Reduced -769.7k -769,687
18 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 1,318,2181.3m $20.3m $20.3m 0.04% Reduced -263.9k -263,900
19 GLENMEDE TRUST CO NA 0.08% of their portfolio PHILADELPHIA, PA 1,162,2491.2m $17.9m $17.9m 0.08% First filing
20 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,085,4301.1m $16.7m $16.7m 0.00% Added +72.5k +72,476
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,057,1751.1m $16.3m $16.3m 0.00% Reduced -400.9k -400,912
22 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,053,8541.1m $16.2m $16.2m 0.01% Added +913.4k +913,441
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 987,127987.1k $15.2m $15.2m 0.00% Reduced -95.0k -95,037
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 980,711980.7k $15.1m $15.1m 0.00% Added +92.2k +92,178
25 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 972,481972.5k $15.0m $15.0m 0.01% Reduced -3.6m -3,555,934
26 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 801,336801.3k $12.3m $12.3m 0.01% Reduced -6.8k -6,821
27 Magnetar Financial LLC 0.12% of their portfolio EVANSTON, IL 778,013778.0k $12.0m $12.0m 0.12% New
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 773,987774.0k $11.9m $11.9m 0.01% Added +233.1k +233,080
29 TIG Advisors, LLC 0.55% of their portfolio New York, NY 742,263742.3k $11.4m $11.4m 0.55% New
30 Elmind Capital, LP 3.09% of their portfolio NEW YORK, NY 679,900679.9k $10.5m $10.5m 3.09% First filing
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 674,643674.6k $10.4m $10.4m 0.00% Reduced -1.3m -1,266,907
32 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 632,594632.6k $9.7m $9.7m 0.01% Reduced -443.8k -443,753
33 WATER ISLAND CAPITAL LLC 1.15% of their portfolio NEW YORK, NY 610,261610.3k $9.4m $9.4m 1.15% New
34 Eversept Partners, LP 0.52% of their portfolio NEW YORK, NY 605,976606.0k $9.3m $9.3m 0.52% Reduced -87.6k -87,551
35 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 604,667604.7k $9.3m $9.3m 0.01% Reduced -149.4k -149,374
36 Versor Investments LP 1.43% of their portfolio New York, NY 595,449595.4k $9.2m $9.2m 1.43% New
37 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio PHILADELPHIA, PA 570,000570.0k $8.8m $8.8m 0.01% First filing
38 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 569,018569.0k $8.8m $8.8m 0.00% Reduced -34.3k -34,349
39 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 567,389567.4k $8.7m $8.7m 0.02% New
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 558,522558.5k $8.6m $8.6m 0.00% Reduced -49.6k -49,621
41 TANG CAPITAL MANAGEMENT LLC 0.42% of their portfolio SAN DIEGO, CA 556,359556.4k $8.6m $8.6m 0.42% Reduced -1.4m -1,393,141
42 Hudson Bay Capital Management LP 0.05% of their portfolio STAMFORD, CT 550,000550.0k $8.5m $8.5m 0.05% Reduced -54.8k -54,825
43 AQR Arbitrage LLC 0.17% of their portfolio Greenwich, CT 531,812531.8k $8.2m $8.2m 0.17% New
44 SUPERSTRING CAPITAL MANAGEMENT LP 4.33% of their portfolio NEW YORK, NY 525,592525.6k $8.1m $8.1m 4.33% New
45 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 483,418483.4k $7.4m $7.4m 0.01% New
46 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 477,357477.4k $7.3m $7.3m 0.00% Reduced -4.9k -4,890
47 ALPINE ASSOCIATES MANAGEMENT INC. 0.49% of their portfolio PALM BEACH, FL 475,000475.0k $7.3m $7.3m 0.49% New
48 WINTON GROUP Ltd 0.20% of their portfolio LONDON, X0 379,084379.1k $5.8m $5.8m 0.20% Added +267.9k +267,897
49 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 352,428352.4k $5.4m $5.4m 0.02% Reduced -77.2k -77,229
50 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 345,496345.5k $5.3m $5.3m 0.02% Reduced -43.3k -43,301
51 GLAZER CAPITAL, LLC 0.14% of their portfolio New York, NY 339,710339.7k $5.2m $5.2m 0.14% New
52 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 334,950334.9k $5.2m $5.2m 0.03% New
53 MIZUHO MARKETS AMERICAS LLC 0.11% of their portfolio NEW YORK, NY 319,443319.4k $4.9m $4.9m 0.11% Added +23.5k +23,500
54 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 317,848317.8k $4.9m $4.9m 0.00% Reduced -23.8k -23,841
55 Pacer Advisors, Inc. 0.01% of their portfolio Malvern, PA 308,380308.4k $4.7m $4.7m 0.01% Reduced -13.7k -13,739
56 Man Group plc 0.01% of their portfolio LONDON, X0 296,339296.3k $4.6m $4.6m 0.01% Reduced -417.9k -417,890
57 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 284,995285.0k $4.4m $4.4m 0.00% Reduced -11.3k -11,348
58 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 284,236284.2k $4.4m $4.4m 0.00% Reduced -50.2k -50,231
59 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 268,352268.4k $4.1m $4.1m 0.00% Reduced -18.8k -18,833
60 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 268,108268.1k $4.1m $4.1m 0.00% Reduced -75.2k -75,156
61 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 267,037267.0k $4.1m $4.1m 0.01% Added +32.9k +32,931
62 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 265,423265.4k $4.1m $4.1m 0.00% Added +2.9k +2,937
63 UBS Group AG 0.00% of their portfolio ZURICH, V8 260,511260.5k $4.0m $4.0m 0.00% Reduced -196.6k -196,621
64 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 256,700256.7k $3.9m $3.9m 0.00% Unchanged
65 National Philanthropic Trust 0.04% of their portfolio Jenkintown, PA 254,734254.7k $3.9m $3.9m 0.04% Reduced -275.4k -275,426
66 Legal & General Group Plc 0.00% of their portfolio London, X0 250,669250.7k $3.9m $3.9m 0.00% Reduced -5.6k -5,648
67 GW&K Investment Management, LLC 0.03% of their portfolio BOSTON, MA 241,882241.9k $3.7m $3.7m 0.03% Reduced -11.5k -11,548
68 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 239,907239.9k $3.7m $3.7m 0.01% Reduced -68.2k -68,237
69 PRELUDE CAPITAL MANAGEMENT, LLC 0.27% of their portfolio NEW YORK, NY 236,329236.3k $3.6m $3.6m 0.27% New
70 CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio BOSTON, MA 233,009233.0k $3.6m $3.6m 0.03% Added +3.4k +3,434
71 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 231,497231.5k $3.6m $3.6m 0.00% Reduced -20.5k -20,494
72 GABELLI & Co INVESTMENT ADVISERS, INC. 0.51% of their portfolio Rye, NY 222,216222.2k $3.4m $3.4m 0.51% New
73 EXCHANGE TRADED CONCEPTS, LLC 0.03% of their portfolio Oklahoma City, OK 204,282204.3k $3.1m $3.1m 0.03% Added +3.3k +3,306
74 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 198,369198.4k $3.0m $3.0m 0.01% Added +176.6k +176,561
75 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 187,161187.2k $2.9m $2.9m 0.02% Added +129.5k +129,494
76 Swiss National Bank 0.00% of their portfolio ZURICH, V8 184,978185.0k $2.8m $2.8m 0.00% Reduced -2.0k -2,000
77 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 183,919183.9k $2.8m $2.8m 0.01% Added +19.7k +19,713
78 Uniplan Investment Counsel, Inc. 0.28% of their portfolio MILWAUKEE, WI 181,429181.4k $2.8m $2.8m 0.28% Added +54.2k +54,190
79 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 175,919175.9k $2.7m $2.7m 0.02% Reduced -390.8k -390,814
80 ADAR1 Capital Management, LLC 0.20% of their portfolio AUSTIN, TX 170,000170.0k $2.6m $2.6m 0.20% Unchanged
81 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 156,317156.3k $2.4m $2.4m 0.00% Added +43.5k +43,522
82 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 150,876150.9k $2.3m $2.3m 0.00% Added +134.1k +134,122
83 INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio WEST PALM BEACH, FL 147,412147.4k $2.3m $2.3m 0.02% Added +102.0k +101,958
84 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 124,419124.4k $1.9m $1.9m 0.00% Unchanged
85 ABC ARBITRAGE SA 0.18% of their portfolio PARIS, I0 122,779122.8k $1.9m $1.9m 0.18% New
86 PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio Toronto, A6 121,600121.6k $1.9m $1.9m 0.02% New
87 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 116,684116.7k $1.8m $1.8m 0.00% Reduced -1.2m -1,238,309
88 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 116,304116.3k $1.8m $1.8m 0.00% Added +85.1k +85,121
89 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 114,449114.4k $1.8m $1.8m 0.00% Added +44.5k +44,459
90 Carmignac Gestion 0.02% of their portfolio PARIS, I0 111,974112.0k $1.7m $1.7m 0.02% New
91 Slotnik Capital, LLC 0.45% of their portfolio DALLAS, TX 105,900105.9k $1.6m $1.6m 0.45% New
92 FMR LLC 0.00% of their portfolio BOSTON, MA 105,128105.1k $1.6m $1.6m 0.00% Reduced -82.7k -82,733
93 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 104,602104.6k $1.6m $1.6m 0.02% Reduced -111.0k -110,990
94 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 103,200103.2k $1.6m $1.6m 0.01% Reduced -65.4k -65,400
95 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 102,996103.0k $1.6m $1.6m 0.00% Added +4.9k +4,909
96 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 101,970102.0k $1.6m $1.6m 0.01% New
97 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 100,100100.1k $1.5m $1.5m 0.01% Reduced -64.4k -64,358
98 HARVEST MANAGEMENT LLC 0.57% of their portfolio New York, NY 100,000100.0k $1.5m $1.5m 0.57% New
99 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 99,25699.3k $1.5m $1.5m 0.01% Added +58.0k +58,040
100 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 96,41996.4k $1.5m $1.5m 0.01% New