HARROW INC HROW
COM · Common Stock · CUSIP 415858109
American pharmaceutical company
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersNashville, TN
- Founded1998
- Websiteharrow.com
- 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 ($31.2k this quarter). Holder counts are more reliable. Shares outstanding: 35.7m as of 2025-03-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $26.59. Options: 11 managers hold calls ($11.9m notional), 8 hold puts ($22.7m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 81 |
| Q4 2022 | 95 |
| Q1 2023 | 116 |
| Q2 2023 | 113 |
| Q3 2023 | 130 |
| Q4 2023 | 114 |
| Q1 2024 | 113 |
| Q2 2024 | 111 |
| Q3 2024 | 160 |
| Q4 2024 | 167 |
| Q1 2025 | 158 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 61 | 65 |
| Q3 2023 | 76 | 37 |
| Q4 2023 | 50 | 62 |
| Q1 2024 | 53 | 52 |
| Q2 2024 | 61 | 52 |
| Q3 2024 | 97 | 51 |
| Q4 2024 | 82 | 83 |
| Q1 2025 | 72 | 89 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $15.8m | $15.3m | 0.97 |
| Q3 2024 | $42.0m | $43.8m | 1.04 |
| Q4 2024 | $28.1m | $48.7m | 1.74 |
| Q1 2025 | $11.9m | $22.7m | 1.91 |
Biggest buyers
| VOYA INVESTMENT MANAGEMENT LLC | Added | +753.7k |
| MARSHALL WACE, LLP | New | +429.7k |
| Private Capital Management, LLC | Added | +195.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +186.6k |
| CITADEL ADVISORS LLC | Added | +155.6k |
| JPMORGAN CHASE & CO | Added | +79.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +53.0k |
| Qube Research & Technologies Ltd | Added | +52.3k |
| BRAIDWELL LP | Added | +49.8k |
| GROUP ONE TRADING LLC | Added | +38.9k |
Biggest sellers
| GILDER GAGNON HOWE & CO LLC | Sold out | -205.8k |
| NEUBERGER BERMAN GROUP LLC | Sold out | -200.5k |
| D. E. Shaw & Co., Inc. | Reduced | -196.5k |
| NEXT CENTURY GROWTH INVESTORS LLC | Sold out | -125.5k |
| First Turn Management, LLC | Reduced | -116.0k |
| Diametric Capital, LP | Sold out | -110.3k |
| Assenagon Asset Management S.A. | Reduced | -99.4k |
| STANSBERRY ASSET MANAGEMENT, LLC | Reduced | -85.6k |
| Trexquant Investment LP | Reduced | -84.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -82.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m88.3k shares |
| CITADEL ADVISORS LLC | Reduced | $2.3m87.3k shares |
| Ikarian Capital, LLC | Unchanged | $1.6m58.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.3m48.8k shares |
| IMC-Chicago, LLC | Reduced | $1.2m46.5k shares |
| Private Capital Management, LLC | New | $1.2m43.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $622.0k23.4k shares |
| JANE STREET GROUP, LLC | Reduced | $542.6k20.4k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Unchanged | $452.2k17.0k shares |
| Squarepoint Ops LLC | Reduced | $396.3k14.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.8m255.6k shares |
| CITADEL ADVISORS LLC | Reduced | $6.0m225.5k shares |
| JANE STREET GROUP, LLC | Reduced | $4.2m157.3k shares |
| GROUP ONE TRADING LLC | Added | $1.9m70.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.8m67.6k shares |
| IMC-Chicago, LLC | Added | $1.2m46.7k shares |
| Squarepoint Ops LLC | Reduced | $840.6k31.6k 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 |
|---|---|
BAUM MARK L
13D · may seek influence
filed 2025-04-07
Stated purposeItem 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following information: "The 15,400 shares received upon exercise of stock options, 150,000 shares of Common Stock underlying the RSUs and 762,300 shares of Common Stock underlying the PSUs (prior to tax withholding) described in Item 3 were acquired by Mr. Baum as compensation for Mr. Baum's services as Chief Executive Officer of the Company. The information provided in Item 3 with respect to the stock options, RSUs and PSUs is incorporated by reference herein." Full filing |
10.7% |
| BlackRock, Inc. 13G · institution filed 2026-10-27 | 7.4% |
| Opaleye Management Inc. 13G · passive investor -1.2 pts · filed 2026-07-31 | 6.4% |
| Kaufman Daniel Louis 13G · passive investor new · filed 2026-03-11 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q1 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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 2 | $437.3k | 0 | — | — |
| Q4 2023 | 1 | $60.8k | 0 | — | — |
| Q1 2024 | 1 | $104.3k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-24 | Opaleye Management Inc. 10% owner · By Managed Account | Sold | $150.1k5.0k shares |
| 2025-03-18 | Opaleye Management Inc. 10% owner · By Managed Account | Sold | $150.1k5.0k shares |
| 2025-03-18 | Opaleye Management Inc. 10% owner · By Managed Account | Sold | $148.2k5.0k shares |
| 2025-03-18 | Opaleye Management Inc. 10% owner · By Managed Account | Sold | $148.2k5.0k shares |
| 2025-02-28 | Opaleye Management Inc. 10% owner · By Managed Account | Sold | $140.2k5.0k shares |
| 2025-01-22 | Opaleye Management Inc. 10% owner · By Managed Account | Sold | $711.8k20.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Opaleye Management Inc. 23.42% of their portfolio | 4.0m $105.2m | Reduced -35.0k |
| BlackRock, Inc. 0.00% of their portfolio | 2.6m $68.4m | Added +34.7k |
| Private Capital Management, LLC 5.60% of their portfolio | 1.9m $50.2m | Added +195.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.9m $49.6m | Reduced -6.7k |
| BRAIDWELL LP 0.89% of their portfolio | 956.8k $25.5m | Added +49.8k |
| STATE STREET CORP 0.00% of their portfolio | 786.5k $20.9m | Reduced -41.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 774.1k $20.6m | Added +53.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 762.9k $20.3m | Added +753.7k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 468.2k $12.5m | Reduced -196.5k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 429.7k $11.4m | New |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 343.7k $9.1m | Reduced -64.4k |
| ROYCE & ASSOCIATES LP 0.09% of their portfolio | 327.1k $8.7m | Added +35.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 313.7k $8.3m | Reduced -5.4k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.46% of their portfolio | 296.2k $7.9m | Reduced -14.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 274.2k $7.3m | Added +155.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 248.9k $6.6m | Reduced -6.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 245.4k $6.5m | Reduced -32.3k |
| MORGAN STANLEY 0.00% of their portfolio | 222.8k $5.9m | Added +20.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 205.3k $5.5m | Added +186.6k |
| First Turn Management, LLC 1.01% of their portfolio | 188.8k $5.0m | Reduced -116.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 187.4k $5.0m | Added +52.3k |
| Westside Investment Management, Inc. 0.99% of their portfolio | 173.9k $4.6m | Added +10.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 131.1k $3.5m | Added +34.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 127.8k $3.4m | Reduced -76.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 126.6k $3.4m | Added +79.8k |
| UBS Group AG 0.00% of their portfolio | 125.9k $3.3m | Reduced -52.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 111.0k $3.0m | Reduced -13.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 106.0k $2.8m | Reduced -2.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 105.9k $2.8m | Reduced -82.7k |
| WOODMONT INVESTMENT COUNSEL LLC 0.20% of their portfolio | 103.7k $2.8m | Added +22.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 101.4k $2.7m | Reduced -48.9k |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 92.2k $2.5m | Added +8.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 90.4k $2.4m | Added +1.7k |
| GROUP ONE TRADING LLC 0.10% of their portfolio | 85.8k $2.3m | Added +38.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 84.7k $2.3m | Reduced -1.8k |
| Nuveen, LLC 0.00% of their portfolio | 76.9k $2.0m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 76.2k $2.0m | Added +9.0k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 75.8k $2.0m | Added +2.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 74.7k $2.0m | Reduced -16.5k |
| Birchview Capital, LP 1.68% of their portfolio | 72.9k $1.9m | Reduced -72.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 64.1k $1.7m | Added +2.2k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 63.0k $1.7m | Reduced -372 |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 62.5k $1.7m | Added +25.2k |
| BBR PARTNERS, LLC 0.12% of their portfolio | 62.0k $1.6m | Unchanged |
| D.A. DAVIDSON & CO. 0.01% of their portfolio | 59.2k $1.6m | Reduced -1.7k |
| Swiss National Bank 0.00% of their portfolio | 58.7k $1.6m | Reduced -600 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 58.2k $1.5m | Added +10.8k |
| BARD ASSOCIATES INC 0.57% of their portfolio | 57.3k $1.5m | Reduced -200 |
| STANSBERRY ASSET MANAGEMENT, LLC 0.16% of their portfolio | 51.2k $1.4m | Reduced -85.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 50.1k $1.3m | Reduced -61.8k |
| EQUITABLE TRUST CO 0.07% of their portfolio | 47.6k $1.3m | Added +4.0k |
| BARCLAYS PLC 0.00% of their portfolio | 45.8k $1.2m | Reduced -14.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 44.1k $1.2m | Added +18.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 43.0k $1.1m | Added +2.9k |
| IMC-Chicago, LLC 0.04% of their portfolio | 37.5k $998.1k | New |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 33.8k $898.0k | New |
| CITIGROUP INC 0.00% of their portfolio | 33.6k $894.1k | Reduced -974 |
| Creative Planning 0.00% of their portfolio | 31.0k $823.4k | Added +19.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 29.7k $790.0k | Reduced -8.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 29.0k $771.9k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 28.2k $750.9k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 27.4k $728.0k | Added +1 |
| SG Americas Securities, LLC 0.00% of their portfolio | 27.3k $725.0k | Reduced -3.4k |
| GREAT LAKES ADVISORS, LLC 0.01% of their portfolio | 27.0k $719.2k | Reduced -1.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 25.6k $680.9k | Added +20 |
| Verition Fund Management LLC 0.00% of their portfolio | 24.2k $644.4k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 23.8k $633.3k | Added +1.2k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.03% of their portfolio | 23.0k $612.9k | New |
| FineMark National Bank & Trust 0.02% of their portfolio | 22.7k $604.6k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 22.5k $598.0k | First filing |
| LPL Financial LLC 0.00% of their portfolio | 22.3k $592.2k | Added +1.4k |
| Harvest Investment Services, LLC 0.16% of their portfolio | 21.9k $583.4k | Reduced -1.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 21.8k $579.4k | Reduced -450 |
| Brevan Howard Capital Management LP 0.02% of their portfolio | 21.0k $558.8k | Added +12.4k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.14% of their portfolio | 21.0k $558.6k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 20.3k $540.0k | Added +1.2k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 19.7k $524.9k | Added +17.4k |
| Lido Advisors, LLC 0.00% of their portfolio | 19.5k $517.9k | Added +8.3k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 18.5k $490.9k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 18.4k $490.7k | Reduced -461 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 18.1k $482.7k | Added +790 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 17.1k $455.6k | Added +211 |
| Dynamic Technology Lab Private Ltd 0.07% of their portfolio | 16.9k $450.0k | Added +4.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 16.2k $431.1k | Added +5.1k |
| CAISSE DES DEPOTS ET CONSIGNATIONS 0.02% of their portfolio | 15.9k $424.3k | Reduced -7.8k |
| Sonora Investment Management Group, LLC 0.03% of their portfolio | 15.4k $410.9k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 15.0k $398.3k | Added +704 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 15.0k $398.0k | Reduced -222 |
| Invesco Ltd. 0.00% of their portfolio | 14.1k $376.1k | Reduced -780 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 13.5k $353.6k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 13.2k $351.6k | Added +3.1k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 12.3k $327.4k | Reduced -227 |
| Brookstone Capital Management 0.00% of their portfolio | 12.3k $326.0k | Added +4.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 12.2k $323.0k | Reduced -14.8k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 12.1k $322.9k | Reduced -99.4k |
| Engineers Gate Manager LP 0.01% of their portfolio | 12.1k $321.1k | Added +5.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 11.9k $315.3k | Reduced -13.4k |
| Bayesian Capital Management, LP 0.05% of their portfolio | 11.1k $294.1k | New |
| FOX RUN MANAGEMENT, L.L.C. 0.04% of their portfolio | 10.6k $282.1k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 10.5k $278.1k | Reduced -3.4k |