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 ($22.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.80. Options: 5 managers hold calls ($1.1m notional), 6 hold puts ($1.7m).
Trends to Q2 2025
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 |
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 2023 | 132 | 77 |
| Q4 2023 | 87 | 149 |
| Q1 2024 | 127 | 112 |
| Q2 2024 | 92 | 128 |
| Q3 2024 | 124 | 89 |
| Q4 2024 | 115 | 117 |
| Q1 2025 | 122 | 108 |
| Q2 2025 | 117 | 111 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $255.7k | $625.7k | 2.45 |
| Q4 2024 | $3.4m | $872.1k | 0.25 |
| Q1 2025 | $15.4m | $9.4m | 0.61 |
| Q2 2025 | $1.1m | $1.7m | 1.57 |
Biggest buyers
| Orbis Allan Gray Ltd | Added | +2.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.1m |
| Avidity Partners Management LP | New | +650.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +504.4k |
| Woodline Partners LP | New | +493.5k |
| Point72 Europe (London) LLP | New | +471.7k |
| ABC ARBITRAGE SA | New | +447.1k |
| JANE STREET GROUP, LLC | Added | +219.7k |
| FMR LLC | Added | +195.7k |
| GOLDMAN SACHS GROUP INC | Added | +180.9k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -4.1m |
| Cubist Systematic Strategies, LLC | Reduced | -873.6k |
| CITADEL ADVISORS LLC | Reduced | -857.5k |
| DDD Partners, LLC | Sold out | -601.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -482.5k |
| Point72 Asset Management, L.P. | Reduced | -385.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -364.1k |
| BlackRock, Inc. | Reduced | -351.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -281.2k |
| MARSHALL WACE, LLP | Reduced | -274.2k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $378.1k18.3k shares |
| SIMPLEX TRADING, LLC | Added | $332.0k16.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $293.4k14.2k shares |
| GROUP ONE TRADING LLC | Reduced | $88.8k4.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $553.7k26.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $541.0k26.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $349.2k16.9k shares |
| JANE STREET GROUP, LLC | Reduced | $233.5k11.3k shares |
| GROUP ONE TRADING LLC | Added | $39.3k1.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 in Q2 2025
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 Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 10.7m $220.3m | Reduced -4.1m |
| Orbis Allan Gray Ltd 0.80% of their portfolio | 7.9m $163.6m | Added +2.2m |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 3.6m $73.7m | Reduced -857.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 3.5m $71.4m | Added +2.1m |
| BlackRock, Inc. 0.00% of their portfolio | 3.2m $65.4m | Reduced -351.8k |
| Harding Loevner LP 0.41% of their portfolio | 2.9m $60.4m | Added +42.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 2.8m $57.2m | Added +504.4k |
| MORGAN STANLEY 0.00% of their portfolio | 2.7m $55.7m | Reduced -141.8k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 1.9m $39.4m | Reduced -274.2k |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 1.8m $37.6m | Reduced -152.7k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.8m $36.6m | Added +60.5k |
| Brandywine Global Investment Management, LLC 0.25% of their portfolio | 1.7m $36.0m | Added +27.4k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 1.6m $33.4m | Reduced -281.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 949.2k $19.6m | Reduced -364.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 934.1k $19.3m | Reduced -146.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 933.3k $19.3m | Added +135.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 889.3k $18.4m | Added +180.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 803.6k $16.6m | Added +178.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 749.6k $15.5m | Added +13.3k |
| FMR LLC 0.00% of their portfolio | 680.5k $14.1m | Added +195.7k |
| Avidity Partners Management LP 2.69% of their portfolio | 650.0k $13.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 567.8k $11.7m | Reduced -115.3k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 538.5k $11.1m | Reduced -385.4k |
| Woodline Partners LP 0.05% of their portfolio | 493.5k $10.2m | New |
| UBS Group AG 0.00% of their portfolio | 484.9k $10.0m | Reduced -56.1k |
| Point72 Europe (London) LLP 0.50% of their portfolio | 471.7k $9.7m | New |
| ABC ARBITRAGE SA 1.05% of their portfolio | 447.1k $9.2m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 386.3k $8.0m | Reduced -482.5k |
| Cubist Systematic Strategies, LLC 0.09% of their portfolio | 384.5k $7.9m | Reduced -873.6k |
| Trexquant Investment LP 0.08% of their portfolio | 363.1k $7.5m | Reduced -104.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 360.5k $7.4m | Added +219.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 308.4k $6.4m | Reduced -75.5k |
| Hudson Bay Capital Management LP 0.04% of their portfolio | 300.0k $6.2m | Reduced -5.0k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.06% of their portfolio | 254.6k $5.3m | Added +5.1k |
| LPL Financial LLC 0.00% of their portfolio | 250.8k $5.2m | Added +46.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 234.6k $4.8m | Added +114.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 226.6k $4.7m | Added +119.1k |
| EAGLE GLOBAL ADVISORS LLC 0.18% of their portfolio | 210.3k $4.3m | Added +1.0k |
| TANG CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 200.0k $4.1m | Unchanged |
| FOLKETRYGDFONDET 0.08% of their portfolio | 172.8k $3.6m | Added +2.4k |
| Verition Fund Management LLC 0.02% of their portfolio | 168.6k $3.5m | Added +104.7k |
| AIMZ Investment Advisors, LLC 1.15% of their portfolio | 165.9k $3.4m | Reduced -1.9k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.09% of their portfolio | 158.7k $3.3m | Added +86.8k |
| Quantinno Capital Management LP 0.01% of their portfolio | 158.1k $3.3m | Added +62.2k |
| Optiver Holding B.V. 0.09% of their portfolio | 156.0k $3.2m | New |
| SUMMIT SECURITIES GROUP LLC 1.13% of their portfolio | 152.8k $3.2m | New |
| Private Wealth Advisors, LLC 1.20% of their portfolio | 148.3k $3.1m | New |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 130.4k $2.7m | Added +1.9k |
| NEOS Investment Management LLC 0.03% of their portfolio | 130.2k $2.7m | Added +27.5k |
| Tema ETFs LLC 0.71% of their portfolio | 130.2k $2.7m | Added +27.5k |
| INGALLS & SNYDER LLC 0.09% of their portfolio | 119.5k $2.5m | Reduced -29.8k |
| GTS SECURITIES LLC 0.11% of their portfolio | 114.7k $2.4m | New |
| Campbell & CO Investment Adviser LLC 0.14% of their portfolio | 107.2k $2.2m | Added +79.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 94.2k $1.9m | Added +81.4k |
| US BANCORP \DE\ 0.00% of their portfolio | 88.2k $1.8m | Reduced -19.4k |
| CITIGROUP INC 0.00% of their portfolio | 87.5k $1.8m | Added +67.5k |
| Engineers Gate Manager LP 0.02% of their portfolio | 78.2k $1.6m | Reduced -11.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 76.5k $1.6m | Added +28.6k |
| AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio | 71.6k $1.5m | Reduced -759 |
| QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio | 65.9k $1.4m | Reduced -8.9k |
| Creative Planning 0.00% of their portfolio | 65.1k $1.3m | Added +6.9k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.05% of their portfolio | 64.9k $1.3m | Added +12.9k |
| Madison Asset Management, LLC 0.01% of their portfolio | 62.9k $1.3m | Added +567 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 62.1k $1.3m | Added +955 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 56.7k $1.2m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 56.2k $1.2m | Added +2.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 53.1k $1.1m | Added +2.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 52.9k $1.1m | Added +41.7k |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 52.7k $1.1m | Added +10.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 48.1k $994.6k | Reduced -164.2k |
| Foresight Group Ltd Liability Partnership 1.41% of their portfolio | 48.0k $9.9m | Reduced -718 |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 47.1k $972.9k | Added +2.8k |
| Legacy Wealth Asset Management, LLC 0.25% of their portfolio | 47.0k $971.4k | Reduced -2.3k |
| Tower Research Capital LLC (TRC) 0.03% of their portfolio | 46.7k $963.9k | Added +45.6k |
| Crossmark Global Holdings, Inc. 0.01% of their portfolio | 41.8k $863.9k | Reduced -3.0k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 41.4k $855.8k | Reduced -726 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 40.1k $827.6k | Reduced -453 |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 38.6k $797.0k | Reduced -8.2k |
| GRANDFIELD & DODD, LLC 0.05% of their portfolio | 38.5k $795.5k | Reduced -1.4k |
| Mariner, LLC 0.00% of their portfolio | 37.2k $767.6k | Reduced -3.9k |
| Jain Global LLC 0.01% of their portfolio | 35.3k $728.9k | Added +12.7k |
| Scientech Research LLC 0.18% of their portfolio | 35.1k $724.7k | Added +466 |
| SYNOVUS FINANCIAL CORP 0.01% of their portfolio | 34.8k $718.9k | Added +2.5k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 33.8k $698.8k | Added +2.1k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 32.5k $670.8k | Reduced -17.7k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 31.9k $659.3k | Reduced -1.1k |
| Callan Family Office, LLC 0.02% of their portfolio | 31.7k $654.5k | New |
| Vident Advisory, LLC 0.01% of their portfolio | 31.5k $650.4k | Added +19.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 31.1k $643.5k | Added +10.1k |
| Atria Investments, Inc 0.01% of their portfolio | 30.6k $631.5k | Reduced -475 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 30.4k $627.9k | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 30.2k $623.0k | Reduced -1.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 30.0k $619.0k | New |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 29.3k $605.9k | Reduced -3.1k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 28.9k $596.3k | Added +295 |
| QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio | 27.5k $568.5k | Reduced -2.2k |
| VIRTUS ADVISERS, LLC 0.35% of their portfolio | 27.5k $568.0k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 27.1k $560.4k | Added +111 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 26.5k $548.0k | Reduced -2.5k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 25.9k $534.3k | New |