Vault-13

INVENTIVA SA IVA

ADS · ADR · CUSIP 46124U107

88 institutional holders +23 vs Q1 2026
87,013,41887.0m shares reported held*
$328.4mreported value*
31 new 36 added 7 reduced 7 sold out net bought ≈ $141.1m (+37.3m shares)

* 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.77.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 9Q4 22: 8Q1 23: 10Q2 23: 10Q3 23: 9Q4 23: 10Q1 24: 9Q2 24: 8Q3 24: 8Q4 24: 8Q1 25: 9Q2 25: 13Q3 25: 15Q4 25: 53Q1 26: 65Q2 26: 8888Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20229
Q4 20228
Q1 202310
Q2 202310
Q3 20239
Q4 202310
Q1 20249
Q2 20248
Q3 20248
Q4 20248
Q1 20259
Q2 202513
Q3 202515
Q4 202553
Q1 202665
Q2 202688

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 2 bought or addedQ3 24: 2 cut or sold outQ4 24: 4 bought or addedQ4 24: 2 cut or sold outQ4 24Q1 25: 2 bought or addedQ1 25: 1 cut or sold outQ2 25: 6 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 8 bought or addedQ3 25: 3 cut or sold outQ4 25: 39 bought or addedQ4 25: 1 cut or sold outQ4 25Q1 26: 43 bought or addedQ1 26: 20 cut or sold outQ2 26: 67 bought or addedQ2 26: 14 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202422
Q4 202442
Q1 202521
Q2 202562
Q3 202583
Q4 2025391
Q1 20264320
Q2 20266714

Biggest buyers

Nantahala Capital Management, LLC New +5,372,786+5.4m
Caligan Partners LP Added +3,188,285+3.2m
Woodline Partners LP New +2,323,149+2.3m
Aberdeen Group plc New +2,307,773+2.3m
Patient Square Capital LP New +1,967,171+2.0m
Squadron Capital Management LLC Added +1,900,000+1.9m
ANDERA PARTNERS Added +1,815,000+1.8m
CITADEL ADVISORS LLC Added +1,719,616+1.7m
ADAR1 Capital Management, LLC Added +1,432,258+1.4m
STEMPOINT CAPITAL LP New +1,426,320+1.4m

Biggest sellers

RTW INVESTMENTS, LP Sold out -1,298,702-1.3m
Polar Capital Holdings Plc Reduced -1,057,924-1.1m
Deep Track Capital, LP Reduced -422,453-422.5k
Ikarian Capital, LLC Reduced -300,000-300.0k
Russell Investments Group, Ltd. Sold out -205,639-205.6k
Ally Bridge Group (NY) LLC Reduced -110,500-110.5k
Artisan Partners Limited Partnership Reduced -59,468-59.5k
PRELUDE CAPITAL MANAGEMENT, LLC Sold out -40,000-40.0k
ExodusPoint Capital Management, LP Sold out -38,256-38.3k
Hudson Bay Capital Management LP Reduced -30,459-30.5k

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.

HolderStakeChangeShares Last filed
Invus Global Management, LLC 13G · passive investor +2.8 pts · filed 2025-07-31 10.6% +2.8 pts 14.8m 2025-07-31
Sofinnova Crossover I 13G · exempt (held before listing) +1.4 pts · filed 2026-02-17 8.6% +1.4 pts 19.1m 2026-02-17
Samsara BioCapital, L.P. 13D · may seek influence +1.5 pts · filed 2025-11-19 7.4% +1.5 pts 13.5m 2025-11-19
Andera Partners 13G · passive investor -1.0 pts · filed 2026-10-27 6.7% -1.0 pts 15.9m 2026-10-27
Yiheng Capital Management, L.P. 13G · institution -2.9 pts · filed 2025-11-13 5.5% -2.9 pts 7.6m 2025-11-13

Fell to 5% or below in the last year: Deep Track Capital, LP (3.8%, 2026-05-15), New Enterprise Associates 17, L.P. (4.9%, 2026-04-01), GREAT POINT PARTNERS LLC (3.5%, 2026-02-17), EVENTIDE ASSET MANAGEMENT, LLC (4.6%, 2026-02-13), BIOTECHNOLOGY VALUE FUND L P (5.0%, 2025-11-19), PERCEPTIVE ADVISORS LLC (5.0%, 2025-11-14)

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Caligan Partners LP 1.49% of their portfolio NEW YORK, NY 8,163,1918.2m $30.9m $30.9m 1.49% Added +3.2m +3,188,285
2 SAMSARA BIOCAPITAL, LLC 1.96% of their portfolio PALO ALTO, CA 6,314,8056.3m $23.9m $23.9m 1.96% Added +1.1m +1,120,000
3 Nantahala Capital Management, LLC 0.62% of their portfolio NEW CANAAN, CT 5,372,7865.4m $20.3m $20.3m 0.62% New
4 Paradigm Biocapital Advisors LP 0.28% of their portfolio NEW YORK, NY 4,000,0004.0m $15.1m $15.1m 0.28% Unchanged
5 ANDERA PARTNERS 6.65% of their portfolio PARIS, I0 3,633,1813.6m $13.7m $13.7m 6.65% Added +1.8m +1,815,000
6 ADAR1 Capital Management, LLC 0.64% of their portfolio AUSTIN, TX 3,606,6563.6m $13.6m $13.6m 0.64% Added +1.4m +1,432,258
7 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 3,512,1743.5m $13.3m $13.3m 0.01% Added +524.6k +524,561
8 Trails Edge Capital Partners, LP 1.60% of their portfolio ATLANTA, GA 2,657,9972.7m $10.0m $10.0m 1.60% Unchanged
9 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,642,6112.6m $10.0m $10.0m 0.00% Added +181.0k +181,046
10 Squadron Capital Management LLC 3.15% of their portfolio OAK BROOK, IL 2,435,0002.4m $9.2m $9.2m 3.15% Added +1.9m +1,900,000
11 Woodline Partners LP 0.03% of their portfolio San Francisco, CA 2,323,1492.3m $8.8m $8.8m 0.03% New
12 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 2,307,7732.3m $8.7m $8.7m 0.01% New
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,305,1922.3m $8.7m $8.7m 0.00% Reduced -13.5k -13,501
14 BOOTHBAY FUND MANAGEMENT, LLC 0.14% of their portfolio NEW YORK, NY 2,003,7822.0m $7.6m $7.6m 0.14% Added +533.4k +533,375
15 Patient Square Capital LP 1.15% of their portfolio MENLO PARK, CA 1,967,1712.0m $7.4m $7.4m 1.15% New
16 NEXTBio Capital Management LP 3.11% of their portfolio AUSTIN, TX 1,787,9841.8m $6.8m $6.8m 3.11% Added +454.5k +454,500
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,784,5661.8m $6.7m $6.7m 0.00% Added +1.7m +1,719,616
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,697,1481.7m $6.4m $6.4m 0.00% Added +852.9k +852,933
19 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 1,683,0121.7m $6.4m $6.4m 0.01% Added +726.8k +726,791
20 Integral Health Asset Management, LLC 0.24% of their portfolio New York, NY 1,520,0001.5m $5.7m $5.7m 0.24% Added +1.1m +1,120,000
21 Yu Fan 5.25% of their portfolio CENTRAL, HONG KONG, K3 1,500,0001.5m $5.7m $5.7m 5.25% Unchanged
22 NEA Management Company, LLC 0.35% of their portfolio TIMONIUM, MD 1,462,5861.5m $5.5m $5.5m 0.35% Unchanged
23 STEMPOINT CAPITAL LP 0.93% of their portfolio NEW YORK, NY 1,426,3201.4m $5.4m $5.4m 0.93% New
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,309,1001.3m $4.6m $4.6m 0.00% New
25 Propel Bio Management, LLC 2.53% of their portfolio Los Angeles, CA 1,281,2121.3m $4.8m $4.8m 2.53% Added +556.5k +556,534
26 KINGDON CAPITAL MANAGEMENT, L.L.C. 0.65% of their portfolio NEW YORK, NY 1,270,0001.3m $4.8m $4.8m 0.65% New
27 Ikarian Capital, LLC 0.68% of their portfolio DALLAS, TX 1,129,1011.1m $4.2m $4.2m 0.68% Reduced -300.0k -300,000
28 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio Boston, MA 1,120,0001.1m $4.2m $4.2m 0.01% New
29 Polar Capital Holdings Plc 0.01% of their portfolio London, X0 1,074,2141.1m $4.1m $4.1m 0.01% Reduced -1.1m -1,057,924
30 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 965,907965.9k $3.7m $3.7m 0.00% Added +311.7k +311,696
31 SYQUANT CAPITAL SAS 0.77% of their portfolio PARIS, I0 913,135913.1k $3.5m $3.5m 0.77% New
32 Alyeska Investment Group, L.P. 0.01% of their portfolio CHICAGO, IL 909,000909.0k $3.4m $3.4m 0.01% New
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 901,640901.6k $3.4m $3.4m 0.00% Added +288.3k +288,283
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 901,369901.4k $3.4m $3.4m 0.00% Added +831.9k +831,935
35 HighVista Strategies LLC 0.72% of their portfolio BOSTON, MA 831,442831.4k $3.1m $3.1m 0.72% Added +215.8k +215,776
36 Deep Track Capital, LP 0.04% of their portfolio GREENWICH, CT 800,000800.0k $3.0m $3.0m 0.04% Reduced -422.5k -422,453
37 DIADEMA PARTNERS LP 0.96% of their portfolio MORRISTOWN, NJ 740,786740.8k $2.7m $2.7m 0.96% Added +388.4k +388,387
38 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 728,111728.1k $2.8m $2.8m 0.00% Added +501.7k +501,705
39 BVF INC/IL 0.07% of their portfolio San Francisco, CA 686,040686.0k $2.6m $2.6m 0.07% Unchanged
40 FMR LLC 0.00% of their portfolio BOSTON, MA 685,400685.4k $2.6m $2.6m 0.00% New
41 Ally Bridge Group (NY) LLC 3.09% of their portfolio NEW YORK, NY 634,800634.8k $2.4m $2.4m 3.09% Reduced -110.5k -110,500
42 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 397,558397.6k $1.5m $1.5m 0.00% New
43 J. Goldman & Co LP 0.04% of their portfolio NEW YORK, NY 337,500337.5k $1.3m $1.3m 0.04% Added +234.0k +233,982
44 Simplify Asset Management Inc. 0.02% of their portfolio Las Vegas, NV 313,483313.5k $1.2m $1.2m 0.02% Added +85.6k +85,560
45 Artisan Partners Limited Partnership 0.00% of their portfolio Milwaukee, WI 263,538263.5k $996.2k $996.2k 0.00% Reduced -59.5k -59,468
46 Ghisallo Capital Management LLC 0.02% of their portfolio BOSTON, MA 250,000250.0k $945.0k $945.0k 0.02% New
47 Burkehill Global Management, LP 0.03% of their portfolio NEW YORK, NY 225,000225.0k $850.5k $850.5k 0.03% New
48 SEVEN GRAND MANAGERS, LLC 0.03% of their portfolio BRONXVILLE, NY 225,000225.0k $850.5k $850.5k 0.03% New
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 224,499224.5k $848.6k $848.6k 0.00% Added +39.6k +39,592
50 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 214,282214.3k $810.0k $810.0k 0.01% Added +148.2k +148,161
51 Persistent Asset Partners Ltd 0.25% of their portfolio HONG KONG, K3 209,182209.2k $790.7k $790.7k 0.25% Added +81.1k +81,083
52 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 207,182207.2k $783.1k $783.1k 0.01% Added +122.9k +122,859
53 Seven Fleet Capital Management LP 0.12% of their portfolio MOUNTAIN VIEW, CA 200,141200.1k $756.5k $756.5k 0.12% Unchanged
54 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 151,917151.9k $574.2k $574.2k 0.00% New
55 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 144,181144.2k $545.0k $545.0k 0.00% New
56 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 135,648135.6k $512.7k $512.7k 0.00% New
57 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 123,953124.0k $468.0k $468.0k 0.00% Added +105.1k +105,099
58 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 115,000115.0k $434.7k $434.7k 0.00% Reduced -30.5k -30,459
59 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 100,000100.0k $378.0k $378.0k 0.00% New
60 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 83,99684.0k $317.5k $317.5k 0.00% Added +6.4k +6,435
61 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 71,11671.1k $268.8k $268.8k 0.00% Added +43.3k +43,280
62 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 40,00040.0k $151.2k $151.2k 0.00% New
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 36,72636.7k $157.9k $157.9k 0.00% Added +10.0k +10,041
64 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 34,35534.4k $129.9k $129.9k 0.00% Added +2.9k +2,873
65 R Squared Ltd 0.06% of their portfolio HONG KONG, K3 29,91829.9k $113.1k $113.1k 0.06% New
66 Quaker Wealth Management, LLC 0.03% of their portfolio MOORESTOWN, NJ 24,96025.0k $94.3k $94.3k 0.03% Unchanged
67 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 24,46724.5k $92.5k $92.5k 0.00% Unchanged
68 Shay Capital LLC 0.01% of their portfolio NEW YORK, NY 21,87121.9k $82.7k $82.7k 0.01% New
69 China Universal Asset Management Co., Ltd. 0.00% of their portfolio SHANGHAI, F4 21,60021.6k $81.6k $81.6k 0.00% Added +5.6k +5,600
70 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 20,07820.1k $75.9k $75.9k 0.00% Added +78 +78
71 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 20,00020.0k $75.6k $75.6k 0.00% Unchanged
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,74115.7k $60.0k $60.0k 0.00% New
73 Ground Swell Capital, LLC 0.05% of their portfolio FOLLY BEACH, SC 12,80312.8k $48.4k $48.4k 0.05% New
74 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 10,00010.0k $37.8k $37.8k 0.00% Unchanged
75 Frec Markets, Inc. 0.00% of their portfolio SAN FRANCISCO, CA 10,00010.0k $37.8k $37.8k 0.00% Unchanged
76 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,6126.6k $25.0k $25.0k 0.00% New
77 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 5,0205.0k $19.0k $19.0k 0.00% Added +505 +505
78 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 4,6724.7k $17.7k $17.7k 0.00% Added +1.8k +1,810
79 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,8001.8k $6.8k $6.8k 0.00% New
80 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,7811.8k $6.7k $6.7k 0.00% New
81 Stone House Investment Management, LLC 0.00% of their portfolio TUNKHANNOCK, PA 1,4631.5k $5.5k $5.5k 0.00% New
82 Covestor Ltd 0.00% of their portfolio LONDON, X0 402402 $2.0k $2.0k 0.00% Unchanged
83 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 308308 $1.2k $1.2k 0.00% New
84 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 300300 $1.1k $1.1k 0.00% Unchanged
85 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 225225 $851 $851 0.00% New
86 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 155155 $586 $586 0.00% Added +153 +153
87 Bell Investment Advisors, Inc 0.00% of their portfolio ORINDA, CA 7676 $288 $288 0.00% Unchanged
88 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 5151 $193 $193 0.00% New