GENMAB A/S GMAB
SPONSORED ADS · ADR · CUSIP 372303206
- SectorHealth care
- IndustryPharmaceutical Preparations
- FilingsSEC EDGAR
* 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.43. Options: 11 managers hold calls ($146.2m notional), 8 hold puts ($6.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 194 |
| Q4 2022 | 238 |
| Q1 2023 | 217 |
| Q2 2023 | 215 |
| Q3 2023 | 236 |
| Q4 2023 | 227 |
| Q1 2024 | 228 |
| Q2 2024 | 221 |
| Q3 2024 | 225 |
| Q4 2024 | 230 |
| Q1 2025 | 222 |
| Q2 2025 | 219 |
| Q3 2025 | 254 |
| Q4 2025 | 294 |
| Q1 2026 | 276 |
| Q2 2026 | 291 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 124 | 89 |
| Q4 2024 | 115 | 117 |
| Q1 2025 | 122 | 108 |
| Q2 2025 | 117 | 111 |
| Q3 2025 | 164 | 90 |
| Q4 2025 | 184 | 84 |
| Q1 2026 | 147 | 154 |
| Q2 2026 | 148 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.4m | $557.9k | 0.23 |
| Q4 2025 | $3.3m | $2.5m | 0.76 |
| Q1 2026 | $16.0m | $976.6k | 0.06 |
| Q2 2026 | $146.2m | $6.4m | 0.04 |
Biggest buyers
| Paradigm Biocapital Advisors LP | Added | +5.2m |
| DEERFIELD MANAGEMENT COMPANY, L.P. | Added | +4.4m |
| Sofinnova Investments, Inc. | Added | +3.3m |
| CITADEL ADVISORS LLC | New | +2.5m |
| Deep Track Capital, LP | Added | +2.0m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.2m |
| Qube Research & Technologies Ltd | Added | +1.0m |
| MARSHALL WACE, LLP | Added | +814.7k |
| UBS Group AG | Added | +662.9k |
| JPMORGAN CHASE & CO | Added | +522.2k |
Biggest sellers
| Orbis Allan Gray Ltd | Reduced | -1.6m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -912.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -896.7k |
| MORGAN STANLEY | Reduced | -554.5k |
| FMR LLC | Reduced | -247.0k |
| Harding Loevner LP | Reduced | -145.3k |
| Dorsey Wright & Associates | Sold out | -64.4k |
| Advisors Preferred, LLC | Sold out | -50.7k |
| Avidity Partners Management LP | Reduced | -50.0k |
| DIVERSIFY WEALTH MANAGEMENT, LLC | Sold out | -46.6k |
Biggest calls
| Deep Track Capital, LP | New | $82.4m3.0m shares |
| Caption Management, LLC | New | $19.2m698.0k shares |
| CITADEL ADVISORS LLC | Added | $8.6m312.3k shares |
| SIMPLEX TRADING, LLC | Added | $7.1m258.3k shares |
| JANE STREET GROUP, LLC | Added | $6.5m237.3k shares |
| GROUP ONE TRADING LLC | Added | $6.5m235.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.1m221.4k shares |
| IMC-Chicago, LLC | Added | $4.1m148.6k shares |
| Balyasny Asset Management L.P. | New | $3.9m141.1k shares |
| Walleye Capital LLC | Added | $1.2m44.3k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $1.3m48.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.2m45.5k shares |
| CITADEL ADVISORS LLC | New | $1.2m45.3k shares |
| JANE STREET GROUP, LLC | Added | $961.5k35.0k shares |
| LMR Partners LLP | New | $824.1k30.0k shares |
| IMC-Chicago, LLC | New | $755.4k27.5k shares |
| Walleye Capital LLC | New | $85.2k3.1k shares |
| GROUP ONE TRADING LLC | Reduced | $5.5k200 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 |
|---|---|
| Darwin Global Management, Ltd. 13G · passive investor new · filed 2026-10-05 | 5.9% |
Insider purchases and sales since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Paradigm Biocapital Advisors LP 6.76% of their portfolio | 13.1m $360.8m | Added +5.2m |
| Orbis Allan Gray Ltd 1.07% of their portfolio | 11.4m $312.3m | Reduced -1.6m |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 8.6m $231.9m | Reduced -912.3k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 1.97% of their portfolio | 6.9m $188.6m | Added +4.4m |
| Deep Track Capital, LP 2.29% of their portfolio | 5.7m $155.2m | Added +2.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 5.0m $136.7m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 4.7m $128.3m | Added +134.7k |
| Sofinnova Investments, Inc. 5.94% of their portfolio | 4.0m $111.1m | Added +3.3m |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 3.5m $96.6m | Reduced -896.7k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 3.5m $96.3m | Added +1.2m |
| Harding Loevner LP 0.82% of their portfolio | 3.1m $86.9m | Reduced -145.3k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 2.8m $75.7m | Added +295.2k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.5m $68.0m | New |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 1.7m $46.4m | Added +1.0m |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $44.8m | Reduced -554.5k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 1.4m $39.8m | Added +197.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.3m $35.1m | Added +348.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.2m $33.0m | Added +9.8k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 1.1m $29.3m | Reduced -11.5k |
| UBS Group AG 0.00% of their portfolio | 961.1k $26.4m | Added +662.9k |
| Perpetual Ltd 0.36% of their portfolio | 919.0k $25.2m | Added +160.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 916.6k $25.2m | Reduced -33.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 910.6k $25.0m | Added +118.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 883.4k $24.3m | Added +86.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 829.7k $22.8m | Reduced -32.6k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 829.7k $22.8m | Added +814.7k |
| Alyeska Investment Group, L.P. 0.06% of their portfolio | 804.4k $22.1m | Added +158.9k |
| FMR LLC 0.00% of their portfolio | 764.7k $21.0m | Reduced -247.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 744.8k $19.4m | Added +522.2k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 600.0k $16.5m | Added +61.0k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 514.8k $14.1m | Added +26.5k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.13% of their portfolio | 447.4k $12.3m | Reduced -10.1k |
| SUPERSTRING CAPITAL MANAGEMENT LP 7.47% of their portfolio | 430.6k $11.8m | Added +233.9k |
| MOORE CAPITAL MANAGEMENT, LP 0.26% of their portfolio | 420.5k $11.6m | Added +208.8k |
| Dixon Mitchell Investment Counsel Inc. 0.37% of their portfolio | 416.0k $11.4m | New |
| Quantinno Capital Management LP 0.01% of their portfolio | 333.4k $9.2m | Added +50.9k |
| Hudson Bay Capital Management LP 0.04% of their portfolio | 330.0k $9.1m | Added +20.0k |
| SummitTX Capital, L.P. 0.23% of their portfolio | 318.4k $8.7m | Added +234.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 303.6k $8.3m | Reduced -16.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 259.2k $7.1m | Added +17.7k |
| EAGLE GLOBAL ADVISORS LLC 0.22% of their portfolio | 244.7k $6.7m | Added +165 |
| ASSETMARK, INC 0.01% of their portfolio | 238.8k $6.6m | Added +14.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 228.0k $6.3m | Added +403 |
| Caption Management, LLC 0.19% of their portfolio | 199.8k $5.5m | New |
| FOLKETRYGDFONDET 0.10% of their portfolio | 165.1k $4.5m | Added +4.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 164.7k $4.5m | Added +66.3k |
| Tidal Investments LLC 0.01% of their portfolio | 162.4k $4.5m | Reduced -21.7k |
| AIMZ Investment Advisors, LLC 1.22% of their portfolio | 160.9k $4.4m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 144.3k $4.0m | Reduced -44.3k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 141.4k $3.9m | Added +127.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 139.1k $3.8m | Added +11.6k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 135.6k $3.7m | New |
| Woodline Partners LP 0.01% of their portfolio | 133.4k $3.7m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 127.9k $3.5m | Reduced -22.2k |
| Creative Planning 0.00% of their portfolio | 119.2k $3.3m | Added +573 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 106.1k $2.9m | Added +22.8k |
| Ishara Investments LP 2.07% of their portfolio | 102.5k $2.8m | Added +20.5k |
| Legacy Wealth Asset Management, LLC 0.62% of their portfolio | 102.2k $2.8m | Added +63.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 91.3k $2.5m | Reduced -1.7k |
| Integrated Quantitative Investments LLC 0.41% of their portfolio | 90.7k $2.5m | Added +54.4k |
| US BANCORP \DE\ 0.00% of their portfolio | 88.4k $2.4m | Reduced -7.1k |
| Quadrature Capital Ltd 0.02% of their portfolio | 78.6k $2.2m | Added +45.2k |
| Cetera Investment Advisers 0.00% of their portfolio | 76.5k $2.1m | Reduced -5.0k |
| QRG CAPITAL MANAGEMENT, INC. 0.02% of their portfolio | 72.6k $2.0m | Added +6.8k |
| IMC-Chicago, LLC 0.02% of their portfolio | 71.6k $2.0m | New |
| Madison Asset Management, LLC 0.02% of their portfolio | 70.8k $1.9m | Reduced -189 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 69.6k $1.9m | Added +2.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 65.7k $1.8m | Added +581 |
| Terra Nova Asset Management LLC 1.08% of their portfolio | 64.2k $1.8m | Added +21.6k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 62.6k $1.7m | Reduced -8.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 60.2k $1.7m | Reduced -1.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 60.1k $1.7m | Added +1.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 58.2k $1.6m | Reduced -20.9k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.05% of their portfolio | 58.0k $1.6m | Added +977 |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 55.9k $1.5m | Added +17.7k |
| Vestmark Advisory Solutions, Inc. 0.01% of their portfolio | 55.8k $1.5m | Reduced -3.5k |
| Callan Family Office, LLC 0.03% of their portfolio | 55.0k $1.5m | Reduced -14 |
| Mariner, LLC 0.00% of their portfolio | 54.7k $1.5m | Reduced -1.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 52.0k $1.4m | Reduced -645 |
| INGALLS & SNYDER LLC 0.04% of their portfolio | 50.8k $1.4m | Reduced -22.1k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 50.6k $1.4m | Reduced -3.4k |
| Avidity Partners Management LP 0.22% of their portfolio | 50.0k $1.4m | Reduced -50.0k |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 49.5k $1.4m | Reduced -7.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 49.0k $1.3m | Reduced -7.4k |
| Entropy Technologies, LP 0.05% of their portfolio | 48.7k $1.3m | New |
| Pinnacle Financial Partners, Inc. 0.01% of their portfolio | 47.6k $1.3m | Added +132 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 47.2k $1.3m | Reduced -190 |
| BAROMETER CAPITAL MANAGEMENT INC. 0.35% of their portfolio | 45.4k $1.2m | Added +3.0k |
| Vident Advisory, LLC 0.01% of their portfolio | 44.4k $1.2m | Reduced -4.0k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 43.2k $1.2m | New |
| Nuveen, LLC 0.00% of their portfolio | 42.9k $1.2m | New |
| DAVENPORT & Co LLC 0.01% of their portfolio | 42.5k $1.2m | Reduced -2.4k |
| LMR Partners LLP 0.01% of their portfolio | 42.2k $1.2m | New |
| WINTON GROUP Ltd 0.04% of their portfolio | 40.9k $1.1m | Added +25.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 40.0k $1.1m | Added +423 |
| Cerity Partners LLC 0.00% of their portfolio | 39.9k $1.1m | Added +202 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 38.4k $1.1m | Reduced -3.7k |
| GRANDFIELD & DODD, LLC 0.05% of their portfolio | 37.6k $1.0m | Added +470 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 32.6k $895.9k | Reduced -32 |
| GTS SECURITIES LLC 0.02% of their portfolio | 32.1k $882.2k | New |