MOONLAKE IMMUNOTHERAPEUTICS MLTX
CLASS A ORD · Common Stock · CUSIP 61559X104
- SectorHealth care
- IndustryPharmaceutical Preparations
- 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. Holder counts are more reliable. Implied quarter-end price ≈ $50.42. Options: 7 managers hold calls ($6.0m notional), 6 hold puts ($5.0m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 24 |
| Q4 2022 | 34 |
| Q1 2023 | 44 |
| Q2 2023 | 85 |
| Q3 2023 | 120 |
| Q4 2023 | 127 |
| Q1 2024 | 115 |
| Q2 2024 | 112 |
| Q3 2024 | 110 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 17 | 11 |
| Q1 2023 | 32 | 16 |
| Q2 2023 | 73 | 15 |
| Q3 2023 | 77 | 37 |
| Q4 2023 | 84 | 60 |
| Q1 2024 | 62 | 69 |
| Q2 2024 | 57 | 62 |
| Q3 2024 | 67 | 42 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $40.1m | $47.3m | 1.18 |
| Q1 2024 | $24.6m | $26.9m | 1.09 |
| Q2 2024 | $5.9m | $7.2m | 1.22 |
| Q3 2024 | $6.0m | $5.0m | 0.83 |
Biggest buyers
| FMR LLC | Added | +1.3m |
| Paradigm Biocapital Advisors LP | New | +931.5k |
| Hood River Capital Management LLC | New | +646.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +418.7k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +351.0k |
| Saturn V Capital Management LP | New | +299.0k |
| GOLDMAN SACHS GROUP INC | Added | +244.1k |
| AMERIPRISE FINANCIAL INC | New | +159.3k |
| Camber Capital Management LP | Added | +86.0k |
| RICE HALL JAMES & ASSOCIATES, LLC | New | +75.5k |
Biggest sellers
| Logos Global Management LP | Sold out | -1.5m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -1.3m |
| Balyasny Asset Management L.P. | Reduced | -224.1k |
| TimesSquare Capital Management, LLC | Sold out | -203.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -180.6k |
| Polar Capital Holdings Plc | Reduced | -178.2k |
| Ghost Tree Capital, LLC | Reduced | -171.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -165.7k |
| Granahan Investment Management, LLC | Reduced | -111.0k |
| AXA S.A. | Reduced | -104.3k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $3.4m68.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $932.8k18.5k shares |
| GTS SECURITIES LLC | New | $756.3k15.0k shares |
| CITADEL ADVISORS LLC | Reduced | $665.5k13.2k shares |
| Walleye Capital LLC | New | $151.3k3.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $90.0k1.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | Reduced | $3.3m65.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $690.8k13.7k shares |
| CITADEL ADVISORS LLC | Reduced | $529.4k10.5k shares |
| JANE STREET GROUP, LLC | Reduced | $307.6k6.1k shares |
| Walleye Capital LLC | New | $161.3k3.2k 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 |
|---|---|
| BIOTECHNOLOGY VALUE FUND L P 13D · may seek influence -2.6 pts · filed 2026-06-29 | 19.7% |
| Deep Track Capital, LP 13G · passive investor +3.3 pts · filed 2026-08-14 | 9.7% |
| T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2026-08-14 | 5.3% |
Fell to 5% or below in the last year: Cormorant Asset Management, LP (4.3%, 2026-08-14), Avoro Capital Advisors LLC (3.1%, 2025-11-14)
Insider purchases and sales in Q3 2024
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 |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $5.9m | $5.9m |
| Q1 2024 | 0 | — | 2 | $21.8m | $21.8m |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| BVF INC/IL 32.08% of their portfolio | 21.8m $1.1bn | Unchanged |
| Cormorant Asset Management, LP 22.71% of their portfolio | 8.5m $428.3m | Unchanged |
| FMR LLC 0.02% of their portfolio | 5.0m $249.6m | Added +1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.0m $150.3m | Added +418.7k |
| Avoro Capital Advisors LLC 2.04% of their portfolio | 2.8m $139.7m | Added +100 |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 2.3m $117.1m | Added +57.3k |
| Holocene Advisors, LP 0.32% of their portfolio | 1.6m $79.9m | Reduced -41.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $75.4m | Added +244.1k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.27% of their portfolio | 1.2m $58.9m | Added +49.7k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 1.2m $58.2m | Added +55.8k |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 1.1m $57.0m | Added +1.9k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 998.1k $50.3m | Reduced -23.6k |
| Paradigm Biocapital Advisors LP 1.64% of their portfolio | 931.5k $47.0m | New |
| FRED ALGER MANAGEMENT, LLC 0.16% of their portfolio | 666.6k $33.6m | Added +7.5k |
| Hood River Capital Management LLC 0.53% of their portfolio | 646.7k $32.6m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 580.8k $29.3m | Added +59.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 505.0k $25.5m | Reduced -1.3m |
| Polar Capital Holdings Plc 0.14% of their portfolio | 500.0k $25.2m | Reduced -178.2k |
| Camber Capital Management LP 0.86% of their portfolio | 441.0k $22.2m | Added +86.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 409.2k $20.6m | Added +351.0k |
| BlackRock, Inc. 0.00% of their portfolio | 400.8k $20.2m | First filing |
| Finepoint Capital LP 2.38% of their portfolio | 388.8k $19.6m | Unchanged |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 360.2k $18.2m | Reduced -224.1k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 356.8k $18.0m | Added +11.0k |
| MPM BIOIMPACT LLC 2.64% of their portfolio | 349.1k $17.6m | Added +5.8k |
| Saturn V Capital Management LP 5.39% of their portfolio | 299.0k $15.1m | New |
| 5AM Venture Management, LLC 2.94% of their portfolio | 282.3k $14.2m | Unchanged |
| Candriam S.C.A. 0.07% of their portfolio | 239.0k $12.0m | Unchanged |
| Woodline Partners LP 0.10% of their portfolio | 232.4k $11.7m | Added +5.7k |
| Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 1.60% of their portfolio | 229.0k $11.5m | Added +226 |
| Integral Health Asset Management, LLC 1.31% of their portfolio | 220.0k $11.1m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 217.8k $11.0m | Added +43.2k |
| TD Asset Management Inc 0.01% of their portfolio | 215.8k $10.7m | Added +6.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 192.1k $9.7m | Reduced -180.6k |
| Granahan Investment Management, LLC 0.34% of their portfolio | 172.6k $8.7m | Reduced -111.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 159.3k $8.0m | New |
| MORGAN STANLEY 0.00% of their portfolio | 130.6k $6.6m | Added +61.6k |
| Ghost Tree Capital, LLC 2.35% of their portfolio | 128.4k $6.5m | Reduced -171.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 122.1k $6.2m | Added +68.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 118.1k $6.0m | Added +3.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 117.7k $5.9m | Added +25.9k |
| AXA S.A. 0.02% of their portfolio | 104.3k $5.3m | Reduced -104.3k |
| Parkman Healthcare Partners LLC 0.66% of their portfolio | 102.8k $5.2m | Added +1.6k |
| Alyeska Investment Group, L.P. 0.03% of their portfolio | 100.0k $5.0m | Reduced -25.0k |
| STATE STREET CORP 0.00% of their portfolio | 87.6k $4.4m | Added +43.0k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 86.8k $4.4m | Reduced -29.7k |
| HARBOR CAPITAL ADVISORS, INC. 0.17% of their portfolio | 77.5k $3.9m | Added +38.8k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.21% of their portfolio | 75.5k $3.8m | New |
| CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio | 66.6k $3.4m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 62.0k $3.1m | Added +28.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 58.4k $2.9m | Reduced -90 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 51.3k $2.6m | Reduced -165.7k |
| Monashee Investment Management LLC 0.27% of their portfolio | 50.0k $2.5m | Unchanged |
| ALPS ADVISORS INC 0.01% of their portfolio | 43.8k $2.2m | Reduced -5.2k |
| HighVista Strategies LLC 0.76% of their portfolio | 43.5k $2.2m | Added +1.3k |
| Swiss National Bank 0.00% of their portfolio | 43.0k $2.2m | Added +12.1k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 42.3k $2.1m | Reduced -10.9k |
| Altium Capital Management LLC 0.60% of their portfolio | 40.0k $2.0m | Reduced -75.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 35.8k $1.8m | Added +17.6k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 34.3k $1.7m | Added +5.7k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 31.8k $1.6m | Added +4.7k |
| SECTORAL ASSET MANAGEMENT INC 0.81% of their portfolio | 27.3k $1.4m | Added +5.8k |
| Trexquant Investment LP 0.02% of their portfolio | 25.5k $1.3m | New |
| ADAR1 Capital Management, LLC 0.20% of their portfolio | 23.5k $1.2m | Added +18.7k |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 22.1k $1.1m | Added +403 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 20.8k $1.0m | New |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 20.3k $1.0m | Added +7.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 19.2k $968.7k | Added +5.0k |
| Legal & General Group Plc 0.00% of their portfolio | 18.1k $910.1k | Added +2.3k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 16.9k $850.0k | New |
| J. Goldman & Co LP 0.04% of their portfolio | 16.2k $814.9k | Reduced -2.0k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.02% of their portfolio | 16.0k $806.7k | Not comparable |
| Erste Asset Management GmbH 0.01% of their portfolio | 15.0k $741.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 14.6k $733.0k | Reduced -3.3k |
| WEXFORD CAPITAL LP 0.17% of their portfolio | 14.0k $705.9k | Unchanged |
| AlphaCentric Advisors LLC 0.52% of their portfolio | 14.0k $705.9k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 13.6k $685.0k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 13.6k $685.2k | Reduced -3.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 13.0k $656.9k | Added +473 |
| Handelsbanken Fonder AB 0.00% of their portfolio | 13.0k $655.0k | Added +2.7k |
| PEAK6 Investments LLC 0.03% of their portfolio | 13.0k $655.5k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 11.1k $560.1k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 9.2k $462.0k | Added +1.0k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 8.2k $412.4k | Added +44 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 7.9k $399.7k | Reduced -24.3k |
| DNB Asset Management AS 0.00% of their portfolio | 7.5k $378.6k | Added +137 |
| LPL Financial LLC 0.00% of their portfolio | 6.8k $343.6k | Added +319 |
| Squarepoint Ops LLC 0.00% of their portfolio | 6.4k $322.8k | Reduced -938 |
| UBS Group AG 0.00% of their portfolio | 6.3k $319.7k | Added +3.1k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 6.3k $319.5k | New |
| BARCLAYS PLC 0.00% of their portfolio | 5.6k $284.4k | Added +5.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 5.5k $278.0k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 5.5k $274.8k | Added +573 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 5.2k $262.2k | Reduced -7.1k |
| Bellevue Group AG 0.00% of their portfolio | 4.4k $221.8k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 2.8k $138.8k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.5k $124.6k | Reduced -32.9k |
| VIRTUS ADVISERS, LLC 0.05% of their portfolio | 2.2k $109.0k | Added +42 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.7k $84.3k | Added +1.6k |
| US BANCORP \DE\ 0.00% of their portfolio | 869 $43.8k | New |