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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.04. Options: 4 managers hold calls ($683.7k notional), 5 hold puts ($1.3m).
Trends to Q2 2025
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 |
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 | 59 | 51 |
| Q4 2023 | 67 | 54 |
| Q1 2024 | 57 | 86 |
| Q2 2024 | 70 | 54 |
| Q3 2024 | 91 | 48 |
| Q4 2024 | 67 | 72 |
| Q1 2025 | 76 | 68 |
| Q2 2025 | 80 | 61 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $11.0m | $4.6m | 0.42 |
| Q4 2024 | $3.0m | $1.2m | 0.40 |
| Q1 2025 | $1.2m | $1.5m | 1.24 |
| Q2 2025 | $683.7k | $1.3m | 1.84 |
Biggest buyers
| BRANDES INVESTMENT PARTNERS, LP | Added | +2.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.1m |
| BANK OF AMERICA CORP /DE/ | Added | +1.0m |
| Point72 (DIFC) Ltd | New | +1.0m |
| Permian Investment Partners, LP | Added | +546.0k |
| ROYAL BANK OF CANADA | Added | +526.9k |
| Verition Fund Management LLC | Added | +444.4k |
| UBS Group AG | Added | +358.2k |
| Saba Capital Management, L.P. | New | +269.7k |
| JPMORGAN CHASE & CO | Added | +219.7k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -3.6m |
| ARMISTICE CAPITAL, LLC | Reduced | -2.0m |
| Soleus Capital Management, L.P. | Reduced | -1.3m |
| HIGHLAND PEAK CAPITAL, LLC | Sold out | -975.8k |
| MORGAN STANLEY | Reduced | -540.7k |
| Anthracite Investment Company, Inc. | Reduced | -419.1k |
| HARRIS ASSOCIATES L P | Reduced | -313.1k |
| BOOTHBAY FUND MANAGEMENT, LLC | Sold out | -279.1k |
| BlackRock, Inc. | Reduced | -215.5k |
| Pictet Asset Management Holding SA | Reduced | -152.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $387.8k42.9k shares |
| GROUP ONE TRADING LLC | Added | $245.9k27.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $50.0k5.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $497.2k55.0k shares |
| GROUP ONE TRADING LLC | Reduced | $372.4k41.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $247.7k27.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $139.0k15.4k 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 |
|---|---|
| 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 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 |
|---|---|---|
| BRANDES INVESTMENT PARTNERS, LP 2.29% of their portfolio | 28.0m $253.4m | Added +2.3m |
| Capital World Investors 0.03% of their portfolio | 21.7m $195.7m | Added +130.5k |
| Permian Investment Partners, LP 23.95% of their portfolio | 18.6m $168.4m | Added +546.0k |
| Black Creek Investment Management Inc. 5.25% of their portfolio | 12.6m $113.6m | Reduced -121.2k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 9.7m $87.4m | Added +1.1m |
| ARMISTICE CAPITAL, LLC 2.50% of their portfolio | 7.3m $66.0m | Reduced -2.0m |
| Soleus Capital Management, L.P. 3.59% of their portfolio | 5.8m $52.0m | Reduced -1.3m |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 3.2m $28.9m | Added +154.6k |
| HARRIS ASSOCIATES L P 0.05% of their portfolio | 3.1m $28.3m | Reduced -313.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.0m $27.3m | Added +1.0m |
| WHITEBOX ADVISORS LLC 0.64% of their portfolio | 2.6m $23.7m | Reduced -56.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 2.5m $22.2m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 2.2m $20.0m | Added +358.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 2.1m $18.8m | Added +16.1k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 2.0m $17.9m | Reduced -152.0k |
| NORGES BANK 0.00% of their portfolio | 1.9m $17.5m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 1.9m $17.3m | Reduced -540.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $17.1m | Added +219.7k |
| Flat Footed LLC 3.97% of their portfolio | 1.6m $14.8m | Reduced -130.8k |
| BlackRock, Inc. 0.00% of their portfolio | 1.5m $13.5m | Reduced -215.5k |
| Point72 (DIFC) Ltd 0.73% of their portfolio | 1.0m $9.2m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.0m $9.2m | Added +526.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 817.8k $7.4m | Added +49.5k |
| CAPITAL INTERNATIONAL SARL 0.11% of their portfolio | 629.4k $5.7m | Added +43.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 628.7k $5.7m | Reduced -3.6m |
| Verition Fund Management LLC 0.03% of their portfolio | 615.1k $5.6m | Added +444.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 579.0k $5.2m | Reduced -90.1k |
| CAPITAL INTERNATIONAL LTD /CA/ 0.14% of their portfolio | 404.5k $3.7m | Unchanged |
| CREDIT INDUSTRIEL ET COMMERCIAL 0.52% of their portfolio | 361.8k $3.3m | Reduced -99.1k |
| STATE STREET CORP 0.00% of their portfolio | 361.6k $3.3m | Reduced -121.9k |
| Hennion & Walsh Asset Management, Inc. 0.13% of their portfolio | 342.9k $3.1m | Added +76.9k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 333.7k $3.0m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 286.2k $2.6m | Added +11.5k |
| Saba Capital Management, L.P. 0.07% of their portfolio | 269.7k $2.4m | New |
| Groupe la Francaise 0.04% of their portfolio | 238.9k $2.2m | Unchanged |
| HANTZ FINANCIAL SERVICES, INC. 0.03% of their portfolio | 228.2k $2.1m | Reduced -4.0k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 204.1k $1.8m | Reduced -8.5k |
| Capital International, Inc./CA/ 0.02% of their portfolio | 195.4k $1.8m | Added +2.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 193.8k $1.8m | Added +176.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 193.2k $1.7m | Added +79.1k |
| State of Wyoming 0.21% of their portfolio | 191.2k $1.7m | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 182.2k $1.6m | Added +10.2k |
| GRIZZLYROCK CAPITAL, LLC 1.13% of their portfolio | 166.0k $1.5m | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 164.7k $1.5m | Unchanged |
| Henry James International Management Inc. 0.47% of their portfolio | 157.9k $1.4m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 155.5k $1.4m | Added +10.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 142.6k $1.3m | Added +60.1k |
| BARCLAYS PLC 0.00% of their portfolio | 127.3k $1.2m | Added +42.1k |
| Quantinno Capital Management LP 0.00% of their portfolio | 118.5k $1.1m | Added +21.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 118.0k $1.1m | Added +910 |
| SummitTX Capital, L.P. 0.05% of their portfolio | 116.7k $1.1m | Added +36.2k |
| LPL Financial LLC 0.00% of their portfolio | 110.1k $995.6k | Added +14.0k |
| Campbell & CO Investment Adviser LLC 0.06% of their portfolio | 109.5k $989.6k | Added +91.7k |
| Mariner, LLC 0.00% of their portfolio | 100.7k $910.6k | Added +15.7k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 91.2k $824.3k | Added +5.4k |
| Anthracite Investment Company, Inc. 0.41% of their portfolio | 86.7k $783.7k | Reduced -419.1k |
| Aspen Wealth Management LLC 0.19% of their portfolio | 86.5k $781.7k | Unchanged |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 0.13% of their portfolio | 82.0k $740.9k | Unchanged |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.11% of their portfolio | 77.7k $702.7k | Unchanged |
| Compass Wealth Management LLC 0.16% of their portfolio | 76.1k $688.1k | Unchanged |
| GABELLI FUNDS LLC 0.00% of their portfolio | 71.5k $646.8k | Unchanged |
| Pathstone Holdings, LLC 0.00% of their portfolio | 67.3k $608.1k | Reduced -3.7k |
| Vident Advisory, LLC 0.01% of their portfolio | 65.5k $591.9k | Reduced -4.1k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 63.0k $569.4k | Added +2.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 61.1k $552.3k | Added +26.8k |
| FMR LLC 0.00% of their portfolio | 59.6k $538.6k | Added +32.7k |
| Corient Private Wealth LP 0.00% of their portfolio | 57.4k $519.0k | Added +25.7k |
| LANARK FINANCIAL, INC. 0.04% of their portfolio | 57.3k $517.0k | Reduced -190 |
| ATLAS CAPITAL ADVISORS INC. 0.06% of their portfolio | 53.8k $486.2k | Added +23.7k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 51.6k $466.3k | Added +25.7k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 50.0k $464.0k | Unchanged |
| Atria Investments, Inc 0.01% of their portfolio | 49.6k $447.9k | Reduced -731 |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 48.5k $438.2k | Added +1.3k |
| Engineers Gate Manager LP 0.01% of their portfolio | 48.4k $437.5k | Reduced -5.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 47.2k $426.6k | Added +1.1k |
| Vestmark Advisory Solutions, Inc. 0.01% of their portfolio | 45.8k $414.2k | New |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 42.7k $386.2k | Added +891 |
| SYON CAPITAL LLC 0.02% of their portfolio | 40.4k $365.5k | Added +21.2k |
| Arax Advisory Partners 0.02% of their portfolio | 39.2k $379.2k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 35.7k $323.0k | Added +471 |
| Legal & General Group Plc 0.00% of their portfolio | 30.9k $278.6k | Reduced -103.0k |
| Fore Capital, LLC 0.54% of their portfolio | 30.0k $271.2k | Added +15.0k |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 28.7k $259.8k | Added +13.1k |
| Vinva Investment Management Ltd 0.01% of their portfolio | 28.3k $384.7k | New |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio | 28.0k $253.1k | Unchanged |
| Erste Asset Management GmbH 0.00% of their portfolio | 27.1k $239.7k | Unchanged |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 26.3k $237.7k | Added +61 |
| China Universal Asset Management Co., Ltd. 0.02% of their portfolio | 24.5k $221.5k | Added +32 |
| GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio | 24.0k $217.0k | Unchanged |
| Calydon Capital 0.02% of their portfolio | 23.8k $215.4k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 22.3k $202.0k | Reduced -298 |
| Cerity Partners LLC 0.00% of their portfolio | 19.8k $178.7k | Reduced -2.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 18.7k $169.5k | Added +1.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 17.4k $157.0k | Added +3.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.0k $153.5k | Added +728 |
| Manske Wealth Management 0.05% of their portfolio | 16.9k $153.2k | Unchanged |
| &PARTNERS 0.00% of their portfolio | 16.5k $148.9k | Reduced -4.1k |
| Ballentine Partners, LLC 0.00% of their portfolio | 16.2k $146.3k | Added +5.3k |
| Ascent Group, LLC 0.01% of their portfolio | 15.6k $141.4k | New |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 15.3k $138.3k | Reduced -1.5k |