NEUROCRINE BIOSCIENCES INC NBIX
COM · Common Stock · CUSIP 64125C109 · ISIN US64125C1099
American biopharmaceutical company
- SectorHealth care
- IndustryBiological Products, (No Diagnostic Substances)
- HeadquartersSan Diego, CA
- Founded1992
- Websiteneurocrine.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 ($61.2m this quarter). Holder counts are more reliable. Shares outstanding: 98.3m as of 2023-10-25, 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 ≈ $112.91. Options: 12 managers hold calls ($71.2m notional), 15 hold puts ($54.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 466 |
| Q4 2022 | 530 |
| Q1 2023 | 488 |
| Q2 2023 | 457 |
| Q3 2023 | 514 |
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 | 282 | 209 |
| Q1 2023 | 253 | 249 |
| Q2 2023 | 199 | 257 |
| Q3 2023 | 242 | 227 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $36.4m | $3.9m | 0.11 |
| Q1 2023 | $17.5m | $30.2m | 1.72 |
| Q2 2023 | $51.6m | $37.7m | 0.73 |
| Q3 2023 | $71.2m | $54.7m | 0.77 |
Biggest buyers
| Point72 Asset Management, L.P. | Added | +2.5m |
| VIRGINIA RETIREMENT SYSTEMS ET Al | Added | +456.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +418.0k |
| Man Group plc | New | +334.5k |
| Assenagon Asset Management S.A. | Added | +319.6k |
| Deep Track Capital, LP | New | +300.0k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Added | +274.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +256.9k |
| Dodge & Cox | New | +213.6k |
| PRUDENTIAL FINANCIAL INC | Added | +193.1k |
Biggest sellers
| Amundi | Reduced | -884.6k |
| Woodline Partners LP | Reduced | -849.1k |
| Man Group plc | Sold out | -630.7k |
| CITADEL ADVISORS LLC | Reduced | -570.1k |
| ARMISTICE CAPITAL, LLC | Reduced | -433.6k |
| Balyasny Asset Management L.P. | Reduced | -297.0k |
| TWO SIGMA ADVISERS, LP | Reduced | -259.4k |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -236.9k |
| JANUS HENDERSON GROUP PLC | Reduced | -191.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -187.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.9m185.8k shares |
| BANK OF AMERICA CORP /DE/ | New | $10.8m95.6k shares |
| JANE STREET GROUP, LLC | Reduced | $8.3m73.5k shares |
| CITADEL ADVISORS LLC | Added | $7.6m67.7k shares |
| Caption Management, LLC | Added | $6.8m60.0k shares |
| Balyasny Asset Management L.P. | Unchanged | $5.6m50.0k shares |
| GROUP ONE TRADING LLC | Added | $4.0m35.9k shares |
| Parallax Volatility Advisers, L.P. | New | $3.4m30.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2m19.4k shares |
| GTS SECURITIES LLC | New | $1.7m14.9k shares |
Biggest puts
| MOORE CAPITAL MANAGEMENT, LP | New | $16.9m150.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.4m92.8k shares |
| JANE STREET GROUP, LLC | Added | $5.9m52.8k shares |
| Caption Management, LLC | Added | $3.7m32.5k shares |
| CITADEL ADVISORS LLC | Added | $3.5m31.1k shares |
| Parallax Volatility Advisers, L.P. | New | $3.4m30.1k shares |
| BANK OF MONTREAL /CAN/ | New | $3.3m28.8k shares |
| J. Goldman & Co LP | New | $1.9m16.8k shares |
| MILLENNIUM MANAGEMENT LLC | New | $1.7m15.0k shares |
| GROUP ONE TRADING LLC | Added | $1.2m11.0k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-28 | 12.1% |
| DODGE & COX 13G · institution new · filed 2025-05-14 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| JPMORGAN CHASE & CO 13G · institution -1.1 pts · filed 2026-10-15 | 5.2% |
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 Q3 2023
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 2021 | 0 | — | 4 | $1.6m | — |
| Q1 2022 | 0 | — | 10 | $7.8m | — |
| Q2 2022 | 0 | — | 4 | $3.6m | — |
| Q3 2022 | 0 | — | 2 | $2.5m | — |
| Q4 2022 | 0 | — | 6 | $20.4m | — |
| Q1 2023 | 0 | — | 12 | $21.0m | — |
| Q2 2023 | 0 | — | 3 | $3.8m | $3.8m |
| Q3 2023 | 0 | — | 11 | $4.3m | $4.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-12 | LYONS GARY A Director | Sold plan | $575.1k5.0k shares |
| 2023-09-01 | LYONS GARY A Director | Sold plan | $550.3k5.0k shares |
| 2023-09-01 | Cooke Julie Chief Human Resources Officer | Sold plan | $91.4k824 shares |
| 2023-08-30 | Boyer David W. Chief Corp. Affairs Officer | Sold plan | $294.1k2.7k shares |
| 2023-08-28 | Delaet Ingrid Chief Regulatory Officer | Sold plan | $153.9k1.4k shares |
| 2023-08-21 | GORMAN KEVIN CHARLES Chief Executive Officer, director | Sold plan | $1.0m9.3k shares |
| 2023-08-21 | ROBERTS EIRY Chief Medical Officer | Sold plan | $343.4k3.2k shares |
| 2023-08-21 | Onyia Jude Chief Scientific Officer | Sold plan | $343.4k3.2k shares |
| 2023-08-21 | Cooke Julie Chief Human Resources Officer | Sold plan | $229.0k2.1k shares |
| 2023-08-21 | Gano Kyle Chief Business Development Off | Sold plan | $229.0k2.1k shares |
| 2023-08-21 | Lippoldt Darin Chief Legal Officer | Sold plan | $229.0k2.1k shares |
| 2023-08-21 | ABERNETHY MATT Chief Financial Officer | Sold plan | $229.0k2.1k shares |
| 2023-08-21 | Boyer David W. Chief Corp. Affairs Officer | Sold plan | $171.9k1.6k shares |
| 2023-08-21 | BENEVICH ERIC Chief Commercial Officer | Sold plan | $171.8k1.6k shares |
| 2023-08-21 | Delaet Ingrid Chief Regulatory Officer | Sold plan | $150.8k1.4k shares |
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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.04% of their portfolio | 13.4m $1.5bn | Reduced -110.7k |
| VANGUARD GROUP INC 0.03% of their portfolio | 9.6m $1.1bn | Reduced -10.9k |
| STATE STREET CORP 0.02% of their portfolio | 3.8m $431.6m | Reduced -120.0k |
| Bellevue Group AG 4.68% of their portfolio | 2.6m $290.6m | Reduced -29.2k |
| Point72 Asset Management, L.P. 0.99% of their portfolio | 2.6m $290.0m | Added +2.5m |
| MORGAN STANLEY 0.02% of their portfolio | 1.9m $216.5m | Added +56.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.8m $203.8m | Reduced -150.6k |
| JANUS HENDERSON GROUP PLC 0.13% of their portfolio | 1.7m $193.2m | Reduced -191.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.31% of their portfolio | 1.6m $178.9m | Reduced -53.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.6m $174.7m | Added +31.2k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 1.5m $173.2m | Reduced -49.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 1.3m $149.4m | Reduced -71.5k |
| MILLENNIUM MANAGEMENT LLC 0.15% of their portfolio | 1.3m $142.7m | Added +418.0k |
| Rock Springs Capital Management LP 3.72% of their portfolio | 1.2m $139.1m | Reduced -43.5k |
| DSM CAPITAL PARTNERS LLC 2.32% of their portfolio | 1.2m $137.7m | Added +163.7k |
| ARMISTICE CAPITAL, LLC 4.07% of their portfolio | 1.2m $136.8m | Reduced -433.6k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 3.00% of their portfolio | 1.2m $136.1m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.2m $132.7m | Reduced -150.2k |
| BROWN ADVISORY INC 0.20% of their portfolio | 1.1m $122.6m | Reduced -10.3k |
| Pictet Asset Management Holding SA 0.14% of their portfolio | 1.0m $117.4m | First filing |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 1.0m $114.0m | Reduced -90.5k |
| BRAIDWELL LP 3.44% of their portfolio | 968.0k $108.9m | Added +34.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 843.3k $94.9m | Reduced -4.9k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 787.0k $88.5m | Reduced -37.7k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 766.2k $86.2m | Added +37.9k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 736.2k $82.8m | Reduced -570.1k |
| EAGLE ASSET MANAGEMENT INC 0.48% of their portfolio | 727.3k $81.8m | Added +489 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.46% of their portfolio | 692.4k $77.9m | Added +256.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.23% of their portfolio | 678.3k $76.3m | Added +21.3k |
| Avidity Partners Management LP 2.95% of their portfolio | 652.1k $73.4m | Reduced -13.2k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.50% of their portfolio | 649.3k $73.0m | Added +274.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 623.3k $70.1m | Added +18.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.67% of their portfolio | 600.8k $67.6m | Added +456.8k |
| California Public Employees Retirement System 0.06% of their portfolio | 592.0k $66.6m | Added +4.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 589.3k $66.3m | Added +20.4k |
| Assenagon Asset Management S.A. 0.23% of their portfolio | 584.5k $65.8m | Added +319.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 559.8k $63.0m | Added +80.0k |
| GW&K Investment Management, LLC 0.63% of their portfolio | 554.8k $62.4m | Reduced -19.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 553.4k $62.3m | Added +2.8k |
| Fiera Capital Corp 0.18% of their portfolio | 511.4k $57.5m | Added +153.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 498.6k $56.1m | Reduced -1.6k |
| IEQ CAPITAL, LLC 1.10% of their portfolio | 481.3k $54.1m | Added +30 |
| Balyasny Asset Management L.P. 0.15% of their portfolio | 478.1k $53.8m | Reduced -297.0k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 463.6k $52.2m | Reduced -67.2k |
| Legal & General Group Plc 0.02% of their portfolio | 448.1k $50.4m | Reduced -9.6k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.28% of their portfolio | 448.0k $50.4m | Not comparable |
| ORBIMED ADVISORS LLC 1.00% of their portfolio | 415.9k $46.8m | Reduced -73.1k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 413.8k $46.6m | Added +13.5k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 409.5k $46.1m | Added +189.3k |
| PRIMECAP MANAGEMENT CO/CA/ 0.04% of their portfolio | 391.6k $44.1m | Reduced -1.8k |
| Invesco Ltd. 0.01% of their portfolio | 386.1k $43.4m | Reduced -176.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 378.0k $42.5m | Reduced -6.0k |
| Candriam S.C.A. 0.30% of their portfolio | 377.2k $42.4m | Reduced -63.2k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 374.0k $42.1m | Added +16.3k |
| Sarissa Capital Management LP 5.55% of their portfolio | 366.0k $41.2m | Added +134.7k |
| SCOUT INVESTMENTS, INC. 0.94% of their portfolio | 365.8k $40.9m | Added +13.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 365.1k $41.1m | Added +40.9k |
| APG Asset Management N.V. 0.08% of their portfolio | 335.9k $37.8m | Added +21.4k |
| Man Group plc 0.12% of their portfolio | 334.5k $37.6m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 330.6k $37.2m | Reduced -5.5k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 325.5k $36.6m | Reduced -2.8k |
| Polar Capital Holdings Plc 0.27% of their portfolio | 325.0k $36.6m | Reduced -50.0k |
| Swiss National Bank 0.03% of their portfolio | 313.8k $35.3m | Reduced -38.4k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 312.0k $35.1m | Unchanged |
| Amundi 0.02% of their portfolio | 305.4k $34.5m | Reduced -884.6k |
| Woodline Partners LP 0.40% of their portfolio | 303.1k $34.1m | Reduced -849.1k |
| Deep Track Capital, LP 1.31% of their portfolio | 300.0k $33.8m | New |
| TOBAM 2.68% of their portfolio | 297.2k $33.4m | Reduced -14.5k |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 294.9k $33.2m | Reduced -259.4k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 279.2k $31.5m | Added +193.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 277.7k $31.2m | Added +57.3k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 277.3k $31.2m | Reduced -80.2k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 258.6k $29.1m | Reduced -816 |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 256.9k $28.9m | Added +49.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 243.9k $27.4m | Added +30.5k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 232.8k $26.2m | Reduced -7.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 231.6k $26.0m | Reduced -11.0k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 225.4k $25.4m | Reduced -144.2k |
| Dodge & Cox 0.02% of their portfolio | 213.6k $24.0m | New |
| Hood River Capital Management LLC 0.76% of their portfolio | 211.3k $23.8m | Reduced -1.8k |
| Driehaus Capital Management LLC 0.28% of their portfolio | 193.5k $21.8m | Added +66.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 192.8k $21.7m | Added +110.6k |
| CITIGROUP INC 0.03% of their portfolio | 189.8k $21.4m | Reduced -19.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 178.6k $20.1m | Added +7.8k |
| BARCLAYS PLC 0.01% of their portfolio | 178.3k $20.1m | Reduced -16.3k |
| Federation des caisses Desjardins du Quebec 0.20% of their portfolio | 176.4k $19.8m | Added +2.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 175.9k $19.8m | Reduced -49 |
| GREAT LAKES ADVISORS, LLC 0.17% of their portfolio | 162.0k $18.2m | Added +121.6k |
| PERCEPTIVE ADVISORS LLC 0.60% of their portfolio | 159.2k $17.9m | Added +59.2k |
| COMERICA BANK 0.09% of their portfolio | 155.5k $17.5m | Added +137.3k |
| Birchview Capital, LP 7.39% of their portfolio | 154.5k $17.4m | Added +70.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 154.4k $17.6m | Reduced -127.8k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 154.1k $17.3m | Reduced -1.1k |
| Logos Global Management LP 2.41% of their portfolio | 150.0k $16.9m | Reduced -150.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 148.8k $16.7m | Added +10.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 145.7k $16.4m | Reduced -7.0k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.21% of their portfolio | 138.8k $15.6m | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.10% of their portfolio | 138.4k $15.6m | Reduced -9.7k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 135.8k $15.3m | Reduced -92.7k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.27% of their portfolio | 135.0k $15.2m | Unchanged |