Vault-13

MIND MEDICINE MINDMED INC

COM NEW · CUSIP 60255C885

182 institutional holders -8 vs Q1 2025
41,846,56141.8m shares reported held*
$271.3mreported value*
17 new 57 added 50 reduced 26 sold out net bought ≈ $4.7m (+726.5k 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 ($377.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.48. Options: 7 managers hold calls ($4.2m notional), 8 hold puts ($4.4m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 96Q4 22: 102Q1 23: 88Q2 23: 84Q3 23: 93Q4 23: 103Q1 24: 135Q2 24: 151Q3 24: 157Q4 24: 173Q1 25: 190Q2 25: 182182Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202296
Q4 2022102
Q1 202388
Q2 202384
Q3 202393
Q4 2023103
Q1 2024135
Q2 2024151
Q3 2024157
Q4 2024173
Q1 2025190
Q2 2025182

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 38 bought or addedQ3 23: 22 cut or sold outQ4 23: 39 bought or addedQ4 23: 28 cut or sold outQ4 23Q1 24: 76 bought or addedQ1 24: 30 cut or sold outQ2 24: 80 bought or addedQ2 24: 53 cut or sold outQ2 24Q3 24: 78 bought or addedQ3 24: 50 cut or sold outQ4 24: 83 bought or addedQ4 24: 53 cut or sold outQ4 24Q1 25: 88 bought or addedQ1 25: 64 cut or sold outQ2 25: 74 bought or addedQ2 25: 76 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233822
Q4 20233928
Q1 20247630
Q2 20248053
Q3 20247850
Q4 20248353
Q1 20258864
Q2 20257476

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ3 24 calls: $2.9mQ3 24 puts: $2.7mQ3 24P/C 0.93Q4 24 calls: $3.4mQ4 24 puts: $4.9mQ4 24P/C 1.46Q1 25 calls: $3.9mQ1 25 puts: $3.8mQ1 25P/C 0.99Q2 25 calls: $4.2mQ2 25 puts: $4.4mQ2 25P/C 1.04
Numbers
QuarterCallsPutsP/C
Q3 2024$2.9m$2.7m0.93
Q4 2024$3.4m$4.9m1.46
Q1 2025$3.9m$3.8m0.99
Q2 2025$4.2m$4.4m1.04

Biggest buyers

MARSHALL WACE, LLP Added +828,067+828.1k
Commodore Capital LP Added +475,000+475.0k
UBS Group AG Added +406,419+406.4k
Ally Bridge Group (NY) LLC Added +336,029+336.0k
TANG CAPITAL MANAGEMENT LLC Added +200,000+200.0k
MILLENNIUM MANAGEMENT LLC New +183,400+183.4k
DIADEMA PARTNERS LP New +158,536+158.5k
ROYAL BANK OF CANADA Added +129,021+129.0k
STEMPOINT CAPITAL LP New +90,852+90.9k
BlackRock, Inc. Added +86,426+86.4k

Biggest sellers

Octagon Capital Advisors LP Reduced -888,000-888.0k
Woodline Partners LP Reduced -503,000-503.0k
Driehaus Capital Management LLC Reduced -258,747-258.7k
CITADEL ADVISORS LLC Reduced -234,786-234.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -175,879-175.9k
Balyasny Asset Management L.P. Reduced -130,621-130.6k
GOLDMAN SACHS GROUP INC Reduced -89,348-89.3k
NORTHERN TRUST CORP Reduced -43,541-43.5k
STATE STREET CORP Reduced -36,321-36.3k
Corebridge Financial, Inc. Sold out -35,986-36.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.2m338.2k shares
WOLVERINE TRADING, LLC Reduced $704.1k107.5k shares
CITADEL ADVISORS LLC Reduced $440.0k67.8k shares
Fore Capital, LLC New $356.9k55.0k shares
JANE STREET GROUP, LLC Added $215.5k33.2k shares
SYMMETRY PEAK MANAGEMENT LLC New $158.4k24.4k shares
Walleye Capital LLC Added $137.6k21.2k shares

Biggest puts

Crawford Fund Management, LLC Added $1.4m213.5k shares
CITADEL ADVISORS LLC Reduced $1.3m205.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $843.1k129.9k shares
SIMPLEX TRADING, LLC Added $469.0k72.3k shares
GROUP ONE TRADING LLC Reduced $202.5k31.2k shares
WOLVERINE TRADING, LLC Reduced $83.2k12.7k shares
Walleye Capital LLC Added $60.4k9.3k 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-02-05 8.3% 6.1m 2025-02-05
Deep Track Capital, LP 13G · passive investor -1.3 pts · filed 2025-11-14 6.9% -1.3 pts 5.5m 2025-11-14

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,802,1395.8m $37.7m $37.7m 0.00% Added +86.4k +86,426
2 Commodore Capital LP 2.29% of their portfolio NEW YORK, NY 5,000,0005.0m $32.5m $32.5m 2.29% Added +475.0k +475,000
3 Blackstone Inc. 0.10% of their portfolio NEW YORK, NY 3,587,4793.6m $23.3m $23.3m 0.10% Unchanged
4 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 3,421,2243.4m $22.2m $22.2m 0.03% Added +828.1k +828,067
5 Driehaus Capital Management LLC 0.16% of their portfolio Chicago, IL 3,092,6583.1m $20.1m $20.1m 0.16% Reduced -258.7k -258,747
6 Deep Track Capital, LP 0.52% of their portfolio GREENWICH, CT 2,500,0002.5m $16.2m $16.2m 0.52% Unchanged
7 Octagon Capital Advisors LP 3.03% of their portfolio NEW YORK, NY 2,130,0002.1m $13.8m $13.8m 3.03% Reduced -888.0k -888,000
8 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,813,9961.8m $11.8m $11.8m 0.00% Added +47.4k +47,449
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,805,8931.8m $11.7m $11.7m 0.00% Reduced -36.3k -36,321
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,733,4541.7m $11.3m $11.3m 0.00% Added +66.7k +66,663
11 AWM Investment Company, Inc. 0.88% of their portfolio NEW YORK, NY 1,215,6621.2m $7.9m $7.9m 0.88% Added +7.5k +7,500
12 Ally Bridge Group (NY) LLC 4.12% of their portfolio NEW YORK, NY 726,172726.2k $4.7m $4.7m 4.12% Added +336.0k +336,029
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 688,531688.5k $4.5m $4.5m 0.00% Added +28.6k +28,639
14 TANG CAPITAL MANAGEMENT LLC 0.20% of their portfolio SAN DIEGO, CA 600,200600.2k $3.9m $3.9m 0.20% Added +200.0k +200,000
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 599,242599.2k $3.9m $3.9m 0.00% Reduced -43.5k -43,541
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 598,212598.2k $3.9m $3.9m 0.00% Added +34.9k +34,908
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 514,445514.4k $3.3m $3.3m 0.00% Added +406.4k +406,419
18 Woodline Partners LP 0.02% of their portfolio San Francisco, CA 502,198502.2k $3.3m $3.3m 0.02% Reduced -503.0k -503,000
19 Rosalind Advisors, Inc. 1.32% of their portfolio TORONTO, A6 420,000420.0k $2.7m $2.7m 1.32% Unchanged
20 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 261,953262.0k $1.7m $1.7m 0.00% Added +36.0k +36,025
21 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 240,739240.7k $1.6m $1.6m 0.00% Added +40.5k +40,542
22 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 239,842239.8k $1.6m $1.6m 0.00% Reduced -26.2k -26,209
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 194,258194.3k $1.3m $1.3m 0.00% Added +129.0k +129,021
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 183,400183.4k $1.2m $1.2m 0.00% New
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 178,604178.6k $1.2m $1.2m 0.00% Reduced -234.8k -234,786
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 175,233175.2k $1.1m $1.1m 0.00% Added +55.7k +55,660
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 169,325169.3k $1.1m $1.1m 0.00% Reduced -175.9k -175,879
28 DIADEMA PARTNERS LP 0.64% of their portfolio MORRISTOWN, NJ 158,536158.5k $1.0m $1.0m 0.64% New
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 128,315128.3k $832.8k $832.8k 0.00% Added +54.3k +54,326
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 119,214119.2k $773.7k $773.7k 0.00% Added +31.0k +30,992
31 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 115,296115.3k $748.3k $748.3k 0.00% Added +6.8k +6,839
32 Swiss National Bank 0.00% of their portfolio ZURICH, V8 115,100115.1k $747.0k $747.0k 0.00% Added +8.5k +8,500
33 AdvisorShares Investments LLC 0.13% of their portfolio BETHESDA, MD 109,593109.6k $711.3k $711.3k 0.13% Reduced -10.0k -10,000
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 102,847102.8k $667.5k $667.5k 0.00% Reduced -89.3k -89,348
35 Data Collective IV GP, LLC 0.50% of their portfolio PALO ALTO, CA 100,350100.3k $651.3k $651.3k 0.50% Unchanged
36 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 98,33698.3k $638.2k $638.2k 0.01% Added +27.2k +27,221
37 STEMPOINT CAPITAL LP 0.19% of their portfolio NEW YORK, NY 90,85290.9k $589.6k $589.6k 0.19% New
38 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 87,95188.0k $570.0k $570.0k 0.02% Added +40.1k +40,095
39 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 74,83074.8k $485.6k $485.6k 0.00% Reduced -750 -750
40 DRW Securities, LLC 0.03% of their portfolio CHICAGO, IL 69,42669.4k $450.6k $450.6k 0.03% Added +19.4k +19,426
41 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 68,48968.5k $444.5k $444.5k 0.00% Added +1.1k +1,056
42 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 66,09766.1k $429.0k $429.0k 0.00% Added +1.7k +1,655
43 Ikarian Capital, LLC 0.13% of their portfolio DALLAS, TX 62,69162.7k $406.9k $406.9k 0.13% Unchanged
44 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 58,76458.8k $381.4k $381.4k 0.00% Reduced -4.5k -4,485
45 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 57,28857.3k $371.8k $371.8k 0.00% Reduced -1.2k -1,210
46 Legal & General Group Plc 0.00% of their portfolio London, X0 56,70356.7k $368.0k $368.0k 0.00% Reduced -590 -590
47 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 56,47856.5k $366.5k $366.5k 0.00% Reduced -2.7k -2,744
48 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 53,93153.9k $350.2k $350.2k 0.00% Reduced -44 -44
49 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 50,14050.1k $325.4k $325.4k 0.00% Reduced -66 -66
50 CAPITAL ADVISORS INC/OK 0.00% of their portfolio TULSA, OK 50,00050.0k $37.5k $37.5k 0.00% Unchanged
51 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 49,65049.6k $322.2k $322.2k 0.00% Added +1.2k +1,165
52 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 49,19649.2k $319.3k $319.3k 0.00% Unchanged
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 48,48748.5k $314.7k $314.7k 0.00% Added +2.3k +2,342
54 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 47,98948.0k $311.4k $311.4k 0.00% Reduced -11.2k -11,237
55 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,71747.7k $309.7k $309.7k 0.00% Added +10.3k +10,301
56 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 42,12942.1k $273.4k $273.4k 0.00% Reduced -3.5k -3,492
57 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 41,26141.3k $267.8k $267.8k 0.00% Reduced -2.3k -2,289
58 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 38,93738.9k $252.7k $252.7k 0.00% Reduced -130.6k -130,621
59 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 38,46338.5k $249.6k $249.6k 0.00% Reduced -637 -637
60 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 37,68637.7k $244.6k $244.6k 0.00% Reduced -17.3k -17,304
61 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 37,33337.3k $242.3k $242.3k 0.00% Reduced -33.8k -33,842
62 Persistent Asset Partners Ltd 0.21% of their portfolio HONG KONG, K3 36,64236.6k $237.8k $237.8k 0.21% New
63 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 36,33136.3k $236.0k $236.0k 0.00% Added +5.4k +5,386
64 Fore Capital, LLC 0.45% of their portfolio New York, NY 35,00035.0k $227.2k $227.2k 0.45% Reduced -5.0k -5,000
65 CAXTON CORP 2.24% of their portfolio Princeton, NJ 34,07334.1k $221.1k $221.1k 2.24% Unchanged
66 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 32,40232.4k $210.3k $210.3k 0.01% Added +2.9k +2,858
67 Moloney Securities Asset Management, LLC 0.03% of their portfolio MANCHESTER, MO 31,51131.5k $204.5k $204.5k 0.03% Reduced -4.5k -4,500
68 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 29,30029.3k $190.2k $190.2k 0.00% New
69 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 28,20028.2k $183.0k $183.0k 0.00% Unchanged
70 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 28,00028.0k $181.9k $181.9k 0.00% Unchanged
71 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 27,56827.6k $178.9k $178.9k 0.00% Added +204 +204
72 Palumbo Wealth Management LLC 0.05% of their portfolio GREAT NECK, NY 24,04324.0k $156.0k $156.0k 0.05% Added +1.4k +1,415
73 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 22,21822.2k $144.2k $144.2k 0.00% Added +9.7k +9,718
74 PEAK6 LLC 0.00% of their portfolio AUSTIN, TX 21,83021.8k $141.7k $141.7k 0.00% Added +8.8k +8,828
75 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 21,42221.4k $139.0k $139.0k 0.00% Reduced -1.0k -1,000
76 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 21,26121.3k $138.0k $138.0k 0.00% Reduced -21.0k -20,969
77 MITCHELL MCLEOD PUGH & WILLIAMS INC 0.02% of their portfolio MOBILE, AL 20,00020.0k $129.8k $129.8k 0.02% Unchanged
78 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 19,85219.9k $128.8k $128.8k 0.00% Added +272 +272
79 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 19,75819.8k $128.2k $128.2k 0.00% Added +7.5k +7,508
80 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 19,68419.7k $127.7k $127.7k 0.00% Reduced -3.8k -3,787
81 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 18,55418.6k $120.4k $120.4k 0.00% Unchanged
82 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 18,26818.3k $118.6k $118.6k 0.00% Reduced -941 -941
83 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 17,98418.0k $116.7k $116.7k 0.00% Unchanged
84 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 17,87717.9k $116.0k $116.0k 0.00% New
85 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 17,58117.6k $114.1k $114.1k 0.00% Added +1.8k +1,805
86 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 17,45117.5k $113.2k $113.2k 0.00% Reduced -72 -72
87 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 17,15417.2k $111.3k $111.3k 0.00% New
88 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 17,10017.1k $111.0k $111.0k 0.00% Unchanged
89 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 17,02917.0k $110.5k $110.5k 0.00% Reduced -1.4k -1,450
90 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 16,57916.6k $107.6k $107.6k 0.00% Unchanged
91 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 16,45516.5k $107.0k $107.0k 0.00% Reduced -1.8k -1,837
92 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 16,26016.3k $105.5k $105.5k 0.00% Added +1.4k +1,400
93 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 15,60215.6k $101.3k $101.3k 0.00% Reduced -13.3k -13,265
94 China Universal Asset Management Co., Ltd. 0.01% of their portfolio SHANGHAI, F4 15,17515.2k $98.5k $98.5k 0.01% Added +466 +466
95 Dynamic Technology Lab Private Ltd 0.01% of their portfolio SINGAPORE, U0 14,62314.6k $95.0k $95.0k 0.01% New
96 BAILARD, INC. 0.00% of their portfolio Foster City, CA 14,60014.6k $94.8k $94.8k 0.00% Unchanged
97 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 14,07814.1k $91.4k $91.4k 0.00% New
98 FMR LLC 0.00% of their portfolio BOSTON, MA 13,78713.8k $89.5k $89.5k 0.00% Reduced -625 -625
99 PROFUND ADVISORS LLC 0.00% of their portfolio BETHESDA, MD 13,70713.7k $89.0k $89.0k 0.00% Reduced -3.8k -3,802
100 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,43613.4k $96.3k $96.3k 0.00% Reduced -102 -102