NEKTAR THERAPEUTICS
COM · CUSIP 640268108
218
institutional holders
-13 vs Q3 2022
168.9m
shares reported held*
$381.8mreported value*
20 new
67 added
75 reduced
38 sold out
net sold ≈ $17.2m (-7.6m 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. Holder counts are more reliable. Implied quarter-end price ≈ $2.26. Options: 4 managers hold calls ($48.1k notional), 4 hold puts ($33.1k).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 231 |
| Q4 2022 | 218 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.0m | $219.0k | 0.11 |
| Q4 2022 | $48.1k | $33.1k | 0.69 |
Biggest buyers
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +1.5m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.3m |
| FEDERATED HERMES, INC. | Added | +1.0m |
| Ally Bridge Group (NY) LLC | Added | +901.7k |
| BlackRock Inc. | Added | +880.2k |
| CITADEL ADVISORS LLC | Added | +677.2k |
| GSA CAPITAL PARTNERS LLP | Added | +585.7k |
| ExodusPoint Capital Management, LP | Added | +461.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +454.5k |
| D. E. Shaw & Co., Inc. | Added | +449.0k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -11.4m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -765.6k |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -763.4k |
| MORGAN STANLEY | Reduced | -659.6k |
| STATE STREET CORP | Reduced | -521.3k |
| State of New Jersey Common Pension Fund D | Sold out | -515.9k |
| GREAT POINT PARTNERS LLC | Sold out | -447.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -444.0k |
| Edgestream Partners, L.P. | Reduced | -438.8k |
| AXA S.A. | Reduced | -421.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $24.2k10.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $18.0k8.4k shares |
| GROUP ONE TRADING LLC | Reduced | $5.9k2.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $21.7k9.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.0k5.0k shares |
| GROUP ONE TRADING LLC | Reduced | $452200 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 6.7% |
Fell to 5% or below in the last year: TCG Crossover GP II, LLC (0.0%, 2025-11-14)
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Invesco Ltd. 0.02% of their portfolio | 37.3m $84.4m | Added +63.8k |
| BlackRock Inc. 0.00% of their portfolio | 35.9m $81.2m | Added +880.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 23.1m $52.1m | Reduced -99.2k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 15.7m $35.4m | Reduced -763.4k |
| STATE STREET CORP 0.00% of their portfolio | 7.3m $16.6m | Reduced -521.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.4m $7.8m | Added +117.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 2.6m $5.8m | Added +1.5m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.6m $5.8m | Added +1.3m |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 1.9m $4.3m | Added +677.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.9m $4.2m | Added +367 |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 1.9m $4.2m | Added +1.0m |
| NORGES BANK 0.00% of their portfolio | 1.7m $3.8m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $3.7m | Reduced -659.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.6m $3.7m | Reduced -88.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.4m $3.1m | Added +16.9k |
| Ally Bridge Group (NY) LLC 2.93% of their portfolio | 1.3m $3.0m | Added +901.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 1.2m $2.7m | Added +3.2k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 1.2m $2.6m | Added +295.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 1.1m $2.5m | Added +449.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $2.4m | Reduced -18.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 892.9k $2.0m | Added +98.9k |
| GSA CAPITAL PARTNERS LLP 0.18% of their portfolio | 645.0k $1.5m | Added +585.7k |
| BRAIDWELL LP 0.05% of their portfolio | 620.3k $1.4m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 612.9k $1.4m | Added +454.5k |
| Edgestream Partners, L.P. 0.15% of their portfolio | 608.9k $1.4m | Reduced -438.8k |
| Candriam S.C.A. 0.01% of their portfolio | 595.9k $1.3m | Reduced -90.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 576.9k $1.3m | Added +7.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 561.7k $1.3m | Reduced -85.7k |
| Rhenman & Partners Asset Management AB 0.13% of their portfolio | 550.0k $1.2m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 541.4k $1.2m | Added +14.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 533.6k $1.2m | Reduced -100.0k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 492.5k $1.1m | Added +461.5k |
| Walleye Capital LLC 0.02% of their portfolio | 482.9k $1.1m | Added +9.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 474.3k $1.1m | Reduced -765.6k |
| Swiss National Bank 0.00% of their portfolio | 452.5k $1.0m | Added +10.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 442.9k $961.0k | Added +222.0k |
| Graham Capital Management, L.P. 0.04% of their portfolio | 431.9k $976.1k | Added +107.5k |
| FMR LLC 0.00% of their portfolio | 427.6k $966.4k | Reduced -33.8k |
| HRT FINANCIAL LP 0.01% of their portfolio | 420.5k $950.0k | Added +187.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 397.7k $898.9k | Reduced -444.0k |
| AXA S.A. 0.00% of their portfolio | 387.5k $875.8k | Reduced -421.7k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 366.2k $827.6k | Added +161.3k |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 347.6k $785.6k | Reduced -128.8k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 344.5k $778.5k | Unchanged |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 299.3k $676.0k | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 266.3k $602.0k | Reduced -3.0k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 265.8k $601.0k | Reduced -1.2k |
| CAXTON ASSOCIATES LP 0.04% of their portfolio | 259.7k $586.9k | Added +209.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 257.9k $583.0k | Reduced -3.8k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 256.4k $579.0k | Reduced -2.6k |
| PDT Partners, LLC 0.09% of their portfolio | 252.7k $571.1k | Reduced -55.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 252.0k $569.4k | Added +44.8k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.06% of their portfolio | 246.1k $556.2k | Reduced -66.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 243.1k $548.0k | Added +3.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 235.2k $531.5k | Added +2.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 201.2k $455.0k | Added +30.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 197.3k $445.8k | Reduced -177.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 192.8k $436.0k | Reduced -930 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 191.0k $433.0k | Reduced -39.6k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 188.9k $426.8k | Added +56.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 188.2k $425.3k | Reduced -1.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 187.3k $423.0k | Added +142.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 176.5k $398.9k | Reduced -11.3k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 174.8k $395.1k | Added +2.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 167.2k $377.8k | Unchanged |
| TANG CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 164.2k $371.1k | Reduced -265.8k |
| BARCLAYS PLC 0.00% of their portfolio | 163.9k $370.4k | First filing |
| XTX Topco Ltd 0.08% of their portfolio | 163.7k $369.9k | Added +124.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 163.1k $368.6k | Added +80.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 161.3k $364.6k | Added +150.6k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 153.8k $347.5k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 152.1k $343.8k | Added +133.2k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 143.1k $323.3k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 132.2k $299.0k | New |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 130.9k $295.0k | Added +1.1k |
| CITIGROUP INC 0.00% of their portfolio | 129.6k $292.9k | Reduced -4.1k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.00% of their portfolio | 125.7k $284.0k | Reduced -8.5k |
| CM Management, LLC 0.34% of their portfolio | 125.0k $283.0k | Added +75.0k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 124.7k $281.8k | Reduced -87.7k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 118.9k $268.8k | Reduced -31.7k |
| Birchview Capital, LP 0.19% of their portfolio | 118.0k $267.0k | Reduced -10.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 117.1k $265.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 115.3k $260.6k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 110.9k $244.5k | Added +30.2k |
| COMERICA BANK 0.00% of their portfolio | 110.5k $275.0k | Reduced -31.0k |
| VIRTUS ADVISERS, LLC 0.13% of their portfolio | 110.4k $249.5k | Added +38.4k |
| Inspire Investing, LLC 0.03% of their portfolio | 105.5k $238.4k | Added +40.7k |
| New York Life Investment Management LLC 0.00% of their portfolio | 105.2k $237.8k | Added +11.9k |
| Empire Life Investments Inc. 0.02% of their portfolio | 100.9k $228.0k | Reduced -1.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 99.1k $223.9k | Reduced -751 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 97.3k $219.8k | Added +15.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 95.0k $214.8k | Unchanged |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 89.3k $202.0k | Reduced -200 |
| Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio | 88.9k $201.0k | Reduced -134.1k |
| AMALGAMATED BANK 0.00% of their portfolio | 78.6k $178.0k | Reduced -4.6k |
| Maryland State Retirement & Pension System 0.01% of their portfolio | 77.5k $175.1k | New |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 73.9k $167.0k | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 73.0k $165.0k | Added +405 |
| Acrisure Capital Management, LLC 0.18% of their portfolio | 72.1k $163.0k | First filing |
| Aquatic Capital Management LLC 0.01% of their portfolio | 69.5k $157.0k | Added +39.4k |