GRIFOLS S A GRFS
SP ADR REP B NVT · ADR · CUSIP 398438408
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersNew York, NY
- 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 ($144.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.08. Options: 5 managers hold calls ($1.2m notional), 5 hold puts ($697.4k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 124 |
| Q4 2022 | 128 |
| Q1 2023 | 128 |
| Q2 2023 | 135 |
| Q3 2023 | 135 |
| Q4 2023 | 145 |
| Q1 2024 | 132 |
| Q2 2024 | 130 |
| Q3 2024 | 151 |
| Q4 2024 | 158 |
| Q1 2025 | 151 |
| Q2 2025 | 157 |
| Q3 2025 | 181 |
| Q4 2025 | 182 |
| Q1 2026 | 186 |
| Q2 2026 | 165 |
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 | 91 | 48 |
| Q4 2024 | 67 | 72 |
| Q1 2025 | 76 | 68 |
| Q2 2025 | 80 | 61 |
| Q3 2025 | 112 | 49 |
| Q4 2025 | 83 | 86 |
| Q1 2026 | 97 | 72 |
| Q2 2026 | 67 | 106 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.2m | $911.7k | 0.75 |
| Q4 2025 | $831.2k | $281.4k | 0.34 |
| Q1 2026 | $850.1k | $458.7k | 0.54 |
| Q2 2026 | $1.2m | $697.4k | 0.57 |
Biggest buyers
| Flat Footed LLC | Added | +3.0m |
| BANK OF AMERICA CORP /DE/ | Added | +2.2m |
| BRANDES INVESTMENT PARTNERS, LP | Added | +1.5m |
| BlackRock, Inc. | Added | +518.0k |
| Permian Investment Partners, LP | Added | +386.0k |
| CREDIT INDUSTRIEL ET COMMERCIAL | Added | +193.8k |
| Qube Research & Technologies Ltd | Added | +185.7k |
| Hudson Bay Capital Management LP | Added | +147.5k |
| ROYAL BANK OF CANADA | Added | +118.4k |
| HRT FINANCIAL LP | Added | +111.5k |
Biggest sellers
| BANK OF MONTREAL /CAN/ | Reduced | -2.3m |
| HARRIS ASSOCIATES L P | Sold out | -1.8m |
| UBS Group AG | Reduced | -1.3m |
| BARCLAYS PLC | Reduced | -1.3m |
| JPMORGAN CHASE & CO | Reduced | -773.6k |
| Black Creek Investment Management Inc. | Reduced | -704.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -635.6k |
| WHITEBOX ADVISORS LLC | Reduced | -464.3k |
| SaddleRock Capital Management LLC | Sold out | -348.0k |
| MORGAN STANLEY | Reduced | -196.8k |
Biggest calls
| Walleye Capital LLC | New | $505.5k71.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $326.4k46.1k shares |
| CITADEL ADVISORS LLC | Added | $218.8k30.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $135.9k19.2k shares |
| GROUP ONE TRADING LLC | Added | $33.3k4.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $375.9k53.1k shares |
| CITADEL ADVISORS LLC | Added | $148.0k20.9k shares |
| Walleye Capital LLC | New | $119.7k16.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $37.5k5.3k shares |
| GROUP ONE TRADING LLC | Reduced | $16.3k2.3k 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 |
|---|---|
| BRANDES INVESTMENT PARTNERS, LP 13G · institution +3.6 pts · filed 2026-05-14 | 24.3% |
| Permian Investment Partners, LP 13G · exempt (held before listing) +0.8 pts · filed 2026-02-17 | 7.1% |
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 |
|---|---|---|
| BRANDES INVESTMENT PARTNERS, LP 1.88% of their portfolio | 37.8m $267.7m | Added +1.5m |
| Capital World Investors 0.02% of their portfolio | 22.9m $162.2m | Reduced -13.3k |
| Permian Investment Partners, LP 15.86% of their portfolio | 19.7m $139.8m | Added +386.0k |
| Black Creek Investment Management Inc. 3.05% of their portfolio | 7.7m $54.4m | Reduced -704.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.6m $46.4m | Added +2.2m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 4.4m $30.9m | Reduced -635.6k |
| Flat Footed LLC 5.33% of their portfolio | 4.3m $30.8m | Added +3.0m |
| Jupiter Topco LLC 0.01% of their portfolio | 3.0m $20.9m | First filing |
| ARMISTICE CAPITAL, LLC 0.58% of their portfolio | 2.9m $20.8m | Reduced -52.0k |
| MORGAN STANLEY 0.00% of their portfolio | 2.7m $18.8m | Reduced -196.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 2.6m $18.7m | Reduced -76.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 2.5m $17.4m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 2.0m $14.4m | Added +518.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $14.1m | Reduced -773.6k |
| NORGES BANK 0.00% of their portfolio | 1.8m $13.0m | Not comparable |
| UBS Group AG 0.00% of their portfolio | 1.8m $12.9m | Reduced -1.3m |
| WHITEBOX ADVISORS LLC 0.18% of their portfolio | 1.6m $11.4m | Reduced -464.3k |
| Tidal Investments LLC 0.02% of their portfolio | 1.2m $8.7m | Added +109.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $8.3m | Reduced -147.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 1.1m $7.9m | Reduced -140.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1m $7.6m | Added +15.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 904.1k $6.4m | Added +118.4k |
| BARCLAYS PLC 0.00% of their portfolio | 808.2k $5.7m | Reduced -1.3m |
| STATE STREET CORP 0.00% of their portfolio | 653.0k $4.6m | Added +6.8k |
| CAPITAL INTERNATIONAL SARL 0.06% of their portfolio | 642.9k $4.6m | Reduced -2.3k |
| Hennion & Walsh Asset Management, Inc. 0.12% of their portfolio | 592.2k $4.2m | Added +72.0k |
| CREDIT INDUSTRIEL ET COMMERCIAL 0.42% of their portfolio | 555.2k $3.9m | Added +193.8k |
| Verition Fund Management LLC 0.03% of their portfolio | 550.7k $3.9m | Reduced -150.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 508.6k $3.6m | Added +41.6k |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 435.4k $3.1m | Added +147.5k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 406.1k $2.9m | Added +185.7k |
| CAPITAL INTERNATIONAL LTD /CA/ 0.09% of their portfolio | 404.5k $2.9m | Unchanged |
| BI Asset Management Fondsmaeglerselskab A/S 0.02% of their portfolio | 314.2k $2.2m | Reduced -1.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 296.3k $2.1m | Reduced -56.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 277.2k $2.0m | Added +13.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 261.6k $1.9m | Added +88.9k |
| LPL Financial LLC 0.00% of their portfolio | 256.4k $1.8m | Added +29.8k |
| Groupe la Francaise 0.02% of their portfolio | 238.9k $1.5m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 227.9k $1.6m | Reduced -2.3m |
| HANTZ FINANCIAL SERVICES, INC. 0.02% of their portfolio | 200.1k $1.4m | Reduced -9.3k |
| Capital International, Inc./CA/ 0.01% of their portfolio | 190.4k $1.3m | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 164.7k $1.2m | Unchanged |
| Callan Family Office, LLC 0.02% of their portfolio | 123.4k $874.0k | Added +12.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 122.5k $867.0k | Added +111.5k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 114.3k $809.4k | Added +51.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 113.9k $806.7k | Added +92.7k |
| Campbell & CO Investment Adviser LLC 0.04% of their portfolio | 111.7k $791.0k | Added +47.9k |
| GSA CAPITAL PARTNERS LLP 0.05% of their portfolio | 101.8k $721.0k | New |
| Atria Investments, Inc 0.01% of their portfolio | 101.3k $717.4k | Added +35.2k |
| Aspen Wealth Management LLC 0.10% of their portfolio | 86.5k $612.2k | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 86.1k $609.8k | Added +20.8k |
| Vinva Investment Management Ltd 0.01% of their portfolio | 84.6k $901.3k | Added +37.3k |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 0.09% of their portfolio | 82.0k $580.2k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 80.4k $569.2k | Added +40.0k |
| Bleakley Financial Group, LLC 0.01% of their portfolio | 78.1k $553.0k | Added +16.1k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.08% of their portfolio | 77.7k $550.3k | Unchanged |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 75.9k $537.3k | Reduced -2.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 73.7k $521.7k | New |
| GABELLI FUNDS LLC 0.00% of their portfolio | 71.5k $506.6k | Unchanged |
| LANARK FINANCIAL, INC. 0.03% of their portfolio | 61.4k $434.5k | Added +16.1k |
| Corient Private Wealth LP 0.00% of their portfolio | 61.1k $432.4k | Reduced -9.1k |
| Mariner, LLC 0.00% of their portfolio | 61.0k $432.1k | Reduced -64.1k |
| State of Wyoming 0.04% of their portfolio | 55.8k $395.1k | Reduced -187.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 54.3k $384.3k | Added +4.7k |
| Engineers Gate Manager LP 0.00% of their portfolio | 48.7k $344.8k | Reduced -18.0k |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 48.2k $341.4k | Added +4.6k |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 47.6k $348.9k | Reduced -680 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 45.6k $322.8k | Reduced -26.9k |
| &PARTNERS 0.00% of their portfolio | 42.1k $298.3k | Added +9.4k |
| Vident Advisory, LLC 0.00% of their portfolio | 40.5k $286.7k | Reduced -23.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 38.9k $275.2k | Added +8.2k |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 34.7k $245.6k | Reduced -5.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 33.9k $240.0k | Added +32.5k |
| ATLAS CAPITAL ADVISORS INC. 0.02% of their portfolio | 31.6k $224.0k | Reduced -16.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 29.8k $211.2k | Added +13.4k |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 29.3k $207.1k | Reduced -30.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 28.0k $198.1k | New |
| SYON CAPITAL LLC 0.01% of their portfolio | 26.7k $189.3k | Reduced -26.3k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 25.8k $182.6k | Reduced -25.6k |
| Pathstone Holdings, LLC 0.00% of their portfolio | 25.4k $180.0k | Reduced -4.6k |
| FMR LLC 0.00% of their portfolio | 24.0k $170.1k | Reduced -44.5k |
| GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio | 24.0k $169.9k | Unchanged |
| Bulltick Wealth Management, LLC 0.03% of their portfolio | 21.0k $148.5k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 20.1k $142.0k | New |
| PCM Encore, LLC 0.02% of their portfolio | 19.6k $138.6k | Reduced -193 |
| China Universal Asset Management Co., Ltd. 0.01% of their portfolio | 19.4k $137.5k | Reduced -2.2k |
| Creative Planning 0.00% of their portfolio | 19.3k $136.3k | Reduced -1.3k |
| OLD MISSION CAPITAL LLC 0.00% of their portfolio | 18.4k $130.3k | Reduced -1.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 18.3k $129.4k | Reduced -1.3k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 16.7k $118.0k | Added +1.2k |
| Caprock Group, LLC 0.00% of their portfolio | 16.6k $117.7k | Reduced -11.7k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 16.0k $113.3k | Added +4.5k |
| US BANCORP \DE\ 0.00% of their portfolio | 15.9k $112.8k | Reduced -7.8k |
| Compass Wealth Management LLC 0.02% of their portfolio | 15.2k $107.8k | New |
| Sowell Financial Services LLC 0.00% of their portfolio | 15.1k $107.2k | Reduced -56 |
| OLD NATIONAL BANCORP /IN/ 0.00% of their portfolio | 14.7k $104.0k | Added +1.7k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 14.4k $101.5k | Added +784 |
| Ascent Group, LLC 0.00% of their portfolio | 13.6k $96.5k | Reduced -4.0k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.8k $90.6k | Reduced -9.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 12.4k $87.8k | Reduced -701 |