NATERA INC NTRA
COM · Common Stock · CUSIP 632307104 · ISIN US6323071042
Company in San Carlos, United States
- SectorHealth care
- IndustryServices-Medical Laboratories
- HeadquartersAustin, TX
- Founded2004
- Websitenatera.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 ($182.5m this quarter). Holder counts are more reliable. Shares outstanding: 137.2m as of 2025-08-01, 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 ≈ $168.87. Options: 18 managers hold calls ($108.6m notional), 16 hold puts ($48.0m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 288 |
| Q4 2022 | 279 |
| Q1 2023 | 327 |
| Q2 2023 | 320 |
| Q3 2023 | 321 |
| Q4 2023 | 352 |
| Q1 2024 | 413 |
| Q2 2024 | 477 |
| Q3 2024 | 496 |
| Q4 2024 | 598 |
| Q1 2025 | 600 |
| Q2 2025 | 649 |
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 | 153 | 158 |
| Q4 2023 | 186 | 160 |
| Q1 2024 | 237 | 169 |
| Q2 2024 | 274 | 175 |
| Q3 2024 | 244 | 237 |
| Q4 2024 | 294 | 248 |
| Q1 2025 | 341 | 292 |
| Q2 2025 | 373 | 254 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $43.1m | $24.7m | 0.57 |
| Q4 2024 | $135.6m | $163.2m | 1.20 |
| Q1 2025 | $146.2m | $165.3m | 1.13 |
| Q2 2025 | $108.6m | $48.0m | 0.44 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +3.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.7m |
| Capital World Investors | Added | +1.0m |
| NWI MANAGEMENT LP | Added | +888.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +532.8k |
| BlackRock, Inc. | Added | +516.1k |
| GOLDMAN SACHS GROUP INC | Added | +505.7k |
| Ninety One UK Ltd | Added | +337.0k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +335.4k |
| FRANKLIN RESOURCES INC | Added | +330.7k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -1.3m |
| Kynam Capital Management, LP | Sold out | -1.2m |
| LORD, ABBETT & CO. LLC | Reduced | -736.6k |
| PointState Capital LP | Reduced | -615.3k |
| AMERIPRISE FINANCIAL INC | Reduced | -534.7k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Reduced | -477.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -426.0k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -418.7k |
| SG Americas Securities, LLC | Reduced | -393.5k |
| Point72 Asset Management, L.P. | Reduced | -389.8k |
Biggest calls
| MAPLELANE CAPITAL, LLC | Added | $22.8m135.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $21.1m125.1k shares |
| Duquesne Family Office LLC | New | $19.3m114.5k shares |
| CITADEL ADVISORS LLC | Reduced | $11.9m70.4k shares |
| WOLVERINE TRADING, LLC | Added | $8.8m52.3k shares |
| PEAK6 LLC | New | $7.3m43.4k shares |
| IMC-Chicago, LLC | Reduced | $3.2m19.0k shares |
| NOMURA HOLDINGS INC | New | $2.9m17.1k shares |
| JANE STREET GROUP, LLC | Reduced | $2.7m15.9k shares |
| Walleye Capital LLC | Reduced | $1.7m9.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $12.6m74.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.4m73.3k shares |
| EXCHANGE TRADED CONCEPTS, LLC | New | $7.7m45.6k shares |
| Twin Tree Management, LP | Unchanged | $3.5m20.5k shares |
| IMC-Chicago, LLC | Reduced | $2.2m12.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.7m10.3k shares |
| PEAK6 LLC | New | $1.7m10.2k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.6m9.3k shares |
| Walleye Capital LLC | Reduced | $1.3m7.9k shares |
| JANE STREET GROUP, LLC | Reduced | $844.7k5.0k 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 |
|---|---|
| JPMORGAN CHASE & CO 13G · institution +1.4 pts · filed 2026-01-23 | 9.1% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution -1.5 pts · filed 2026-08-14 | 6.3% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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.
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 4 | $2.3m | $1.7m |
| Q4 2023 | 0 | — | 7 | $39.5m | $1.1m |
| Q1 2024 | 0 | — | 8 | $51.2m | $38.1m |
| Q2 2024 | 0 | — | 8 | $18.6m | $17.9m |
| Q3 2024 | 0 | — | 7 | $14.4m | $14.0m |
| Q4 2024 | 0 | — | 11 | $62.5m | $45.5m |
| Q1 2025 | 0 | — | 8 | $72.3m | $64.9m |
| Q2 2025 | 0 | — | 8 | $26.2m | $17.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-20 | RABINOWITZ DANIEL SEC. AND CHIEF LEGAL OFFICER | Sold plan | $1.7m9.9k shares |
| 2025-06-18 | RABINOWITZ DANIEL SEC. AND CHIEF LEGAL OFFICER | Sold plan | $1.7m10.0k shares |
| 2025-06-18 | Sheena Jonathan Director | Sold plan | $513.6k3.1k shares |
| 2025-06-16 | Sheena Jonathan Director · By Caraluna 1 Trust | Sold plan | $246.8k1.5k shares |
| 2025-06-16 | Sheena Jonathan Director · By Caraluna 2 Trust | Sold plan | $246.8k1.5k shares |
| 2025-06-13 | Rabinowitz Matthew EXECUTIVE CHAIRMAN, director · By spouse | Sold | $829.2k5.0k shares |
| 2025-06-10 | Marcus Gail Boxer Director | Sold plan | $657.8k4.0k shares |
| 2025-06-02 | Chapman Steven Leonard CEO AND PRESIDENT, director | Sold plan | $960.1k6.1k shares |
| 2025-06-02 | Moshkevich Solomon PRESIDENT, CLINICALDIAGNOSTICS | Sold plan | $471.2k3.0k shares |
| 2025-05-28 | Rabinowitz Matthew EXECUTIVE CHAIRMAN, director · By spouse | Sold | $1.6m10.0k shares |
| 2025-05-27 | Moshkevich Solomon PRESIDENT, CLINICALDIAGNOSTICS | Sold plan | $258.6k1.6k shares |
| 2025-05-27 | Fesko John PRESIDENT, CHIEF BUS. OFFICER | Sold plan | $225.6k1.4k shares |
| 2025-05-20 | Rabinowitz Matthew EXECUTIVE CHAIRMAN, director · By spouse | Sold | $1.5m10.0k shares |
| 2025-05-16 | Rabinowitz Matthew EXECUTIVE CHAIRMAN, director · By spouse | Sold | $2.9m19.0k shares |
| 2025-05-15 | Rabinowitz Matthew EXECUTIVE CHAIRMAN, director · By spouse | Sold | $1.5m10.0k shares |
| 2025-05-12 | Sheena Jonathan Director · By Caraluna 1 Trust | Sold plan | $237.4k1.5k shares |
| 2025-05-12 | Sheena Jonathan Director · By Caraluna 2 Trust | Sold plan | $237.3k1.5k shares |
| 2025-05-09 | Sheena Jonathan Director | Sold plan | $491.9k3.1k shares |
| 2025-05-01 | Chapman Steven Leonard CEO AND PRESIDENT, director | Sold plan | $1.0m7.0k shares |
| 2025-05-01 | Marcus Gail Boxer Director | Sold plan | $606.4k4.0k shares |
| 2025-05-01 | Moshkevich Solomon PRESIDENT, CLINICALDIAGNOSTICS | Sold plan | $450.4k3.0k shares |
| 2025-04-29 | Brophy Michael Burkes CHIEF FINANCIAL OFFICER | Sold plan | $469.5k3.0k shares |
| 2025-04-28 | Chapman Steven Leonard CEO AND PRESIDENT, director | Sold plan | $944.0k6.2k shares |
| 2025-04-28 | Moshkevich Solomon PRESIDENT, CLINICALDIAGNOSTICS | Sold plan | $335.7k2.2k shares |
| 2025-04-28 | Brophy Michael Burkes CHIEF FINANCIAL OFFICER | Sold plan | $307.1k2.0k shares |
| 2025-04-28 | RABINOWITZ DANIEL SEC. AND CHIEF LEGAL OFFICER | Sold plan | $303.3k2.0k shares |
| 2025-04-28 | Rabinowitz Matthew EXECUTIVE CHAIRMAN, director | Sold plan | $261.4k1.7k shares |
| 2025-04-28 | Fesko John PRESIDENT, CHIEF BUS. OFFICER | Sold plan | $260.1k1.7k shares |
| 2025-04-28 | Sheena Jonathan Director | Sold plan | $66.8k439 shares |
| 2025-04-24 | Brophy Michael Burkes CHIEF FINANCIAL OFFICER | Sold plan | $115.1k755 shares |
The latest 30 of 44 trades.
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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 12.7m $2.1bn | Added +282.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.23% of their portfolio | 12.2m $2.1bn | Added +1.7m |
| BlackRock, Inc. 0.04% of their portfolio | 11.0m $1.9bn | Added +516.1k |
| JPMORGAN CHASE & CO 0.12% of their portfolio | 10.6m $1.8bn | Added +3.3m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 3.71% of their portfolio | 4.8m $814.6m | Added +274.0k |
| STATE STREET CORP 0.02% of their portfolio | 3.3m $560.5m | Reduced -53.0k |
| Duquesne Family Office LLC 13.32% of their portfolio | 3.1m $521.2m | Reduced -317.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 2.6m $444.9m | Reduced -426.0k |
| RTW INVESTMENTS, LP 6.24% of their portfolio | 2.6m $438.2m | Added +99 |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 2.6m $430.6m | Added +166.8k |
| FRED ALGER MANAGEMENT, LLC 1.82% of their portfolio | 2.4m $407.2m | Reduced -193.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio | 2.0m $345.4m | Reduced -300.1k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 1.9m $327.3m | Added +330.7k |
| Invesco Ltd. 0.05% of their portfolio | 1.9m $316.0m | Reduced -165.3k |
| AQR CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 1.7m $291.7m | Added +532.8k |
| NWI MANAGEMENT LP 13.35% of their portfolio | 1.7m $287.0m | Added +888.8k |
| Castle Hook Partners LP 4.16% of their portfolio | 1.7m $282.9m | Added +106.0k |
| NORGES BANK 0.03% of their portfolio | 1.6m $277.7m | Added +212.3k |
| Sofinnova Investments, Inc. 17.82% of their portfolio | 1.6m $261.9m | Unchanged |
| MAVERICK CAPITAL LTD 3.86% of their portfolio | 1.5m $251.7m | Reduced -145.1k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 1.5m $247.7m | Added +505.7k |
| FMR LLC 0.01% of their portfolio | 1.5m $245.4m | Added +172.1k |
| Capital World Investors 0.03% of their portfolio | 1.4m $238.1m | Added +1.0m |
| MORGAN STANLEY 0.02% of their portfolio | 1.4m $234.5m | Added +106.5k |
| GILDER GAGNON HOWE & CO LLC 1.86% of their portfolio | 1.0m $175.3m | Reduced -129.0k |
| Driehaus Capital Management LLC 1.33% of their portfolio | 985.1k $166.4m | Added +40.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 972.5k $164.3m | Added +36.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 971.1k $164.1m | Added +68.9k |
| ARK Investment Management LLC 1.16% of their portfolio | 936.4k $158.2m | Reduced -6.7k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 935.0k $158.0m | Reduced -534.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 908.0k $153.4m | Reduced -345.8k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 832.5k $140.6m | Reduced -81.1k |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 821.4k $138.8m | Reduced -1.3m |
| Eversept Partners, LP 13.56% of their portfolio | 796.4k $134.5m | Reduced -97.3k |
| LORD, ABBETT & CO. LLC 0.43% of their portfolio | 784.7k $132.6m | Reduced -736.6k |
| FEDERATED HERMES, INC. 0.24% of their portfolio | 767.8k $129.7m | Added +99.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 758.6k $128.0m | Added +335.4k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 738.0k $124.7m | Added +25.3k |
| Amova Asset Management Americas, Inc. 1.21% of their portfolio | 719.1k $121.4m | Added +22.2k |
| Nuveen, LLC 0.03% of their portfolio | 715.1k $120.8m | Reduced -86.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 700.4k $118.3m | Reduced -236.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.47% of their portfolio | 669.9k $113.2m | Reduced -21.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 612.4k $103.5m | Added +9.0k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 604.7k $102.2m | Reduced -123.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 599.3k $101.3m | Reduced -422 |
| Chevy Chase Trust Holdings, LLC 0.29% of their portfolio | 596.9k $100.8m | Added +30.4k |
| ORBIMED ADVISORS LLC 2.52% of their portfolio | 593.4k $100.3m | Added +46.4k |
| Holocene Advisors, LP 0.24% of their portfolio | 572.8k $96.8m | Added +310.5k |
| Ninety One UK Ltd 0.22% of their portfolio | 563.0k $95.1m | Added +337.0k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 522.5k $84.0m | Reduced -246.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio | 493.8k $83.4m | Added +146.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 483.2k $81.6m | Added +109.4k |
| GW&K Investment Management, LLC 0.65% of their portfolio | 428.5k $72.4m | Added +95.9k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 413.7k $69.9m | Reduced -4.0k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.34% of their portfolio | 406.0k $68.6m | Reduced -23.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 406.0k $68.6m | Added +234.6k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 394.4k $66.6m | Reduced -4.3k |
| Swiss National Bank 0.04% of their portfolio | 388.8k $65.7m | Added +35.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.60% of their portfolio | 385.0k $65.0m | Reduced -13.7k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 373.7k $63.1m | Reduced -418.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 357.9k $60.5m | Reduced -212.5k |
| UBS Group AG 0.01% of their portfolio | 351.7k $59.4m | Reduced -680 |
| Clearbridge Investments, LLC 0.05% of their portfolio | 342.2k $57.8m | Added +24.3k |
| Legal & General Group Plc 0.01% of their portfolio | 331.3k $56.0m | Added +77.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 326.0k $55.1m | Added +34.7k |
| Rokos Capital Management LLP 0.87% of their portfolio | 306.5k $51.8m | Unchanged |
| Balyasny Asset Management L.P. 0.11% of their portfolio | 294.1k $49.7m | Reduced -108.5k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 269.9k $45.6m | Added +23.5k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 252.4k $42.6m | Added +176.0k |
| SAMLYN CAPITAL, LLC 0.58% of their portfolio | 238.4k $40.3m | Added +2.9k |
| Eagle Health Investments LP 9.84% of their portfolio | 236.0k $39.9m | Reduced -43.8k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 235.0k $39.7m | Reduced -389.8k |
| Jump Financial, LLC 0.49% of their portfolio | 234.9k $39.7m | Added +18.8k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 225.0k $38.0m | Reduced -205.7k |
| California Public Employees Retirement System 0.02% of their portfolio | 217.4k $36.7m | Added +29.3k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 206.5k $34.9m | Reduced -288.7k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 206.3k $34.9m | Reduced -45.5k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 202.0k $34.1m | Reduced -39.4k |
| C WorldWide Group Holding A/S 0.46% of their portfolio | 200.0k $33.8m | Unchanged |
| Avidity Partners Management LP 6.75% of their portfolio | 199.3k $33.7m | Added +80.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 197.5k $33.4m | Added +48.0k |
| BARCLAYS PLC 0.01% of their portfolio | 197.4k $33.3m | Added +16.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 194.8k $32.9m | Added +67.6k |
| AustralianSuper Pty Ltd 0.17% of their portfolio | 194.0k $32.8m | New |
| MAPLELANE CAPITAL, LLC 1.95% of their portfolio | 187.0k $31.6m | Added +107.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 185.9k $31.4m | Reduced -92.8k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 176.5k $29.8m | Reduced -79.2k |
| Handelsbanken Fonder AB 0.10% of their portfolio | 174.5k $29.5m | Added +31.8k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 173.8k $29.4m | Reduced -69.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 172.0k $29.1m | Added +9.7k |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 170.6k $28.8m | Reduced -82.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 169.2k $28.6m | Added +15.8k |
| Blue Water Life Science Advisors, LP 22.26% of their portfolio | 166.5k $28.1m | Reduced -42.0k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 165.4k $27.9m | Added +1.6k |
| CITIGROUP INC 0.02% of their portfolio | 162.6k $27.5m | Reduced -18.5k |
| Amundi 0.01% of their portfolio | 155.9k $25.2m | Reduced -343.1k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 152.6k $25.8m | Added +5.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 150.5k $25.4m | Added +8.9k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 148.0k $25.0m | Added +30.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.12% of their portfolio | 147.6k $24.9m | Added +83.9k |