Vault-13

NEVRO CORP NVRO

COM · Common Stock · CUSIP 64157F103

160 institutional holders -11 vs Q4 2022
39,937,75739.9m shares reported held*
$1.4bnreported value*
17 new 76 added 46 reduced 28 sold out net bought ≈ $67.7m (+1.9m 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 ≈ $36.14. Options: 9 managers hold calls ($9.6m notional), 7 hold puts ($9.7m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 178Q4 22: 171Q1 23: 160160Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022178
Q4 2022171
Q1 2023160

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 87 bought or addedQ4 22: 82 cut or sold outQ4 22Q1 23: 93 bought or addedQ1 23: 74 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228782
Q1 20239374

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $29.1mQ3 22 puts: $32.7mQ3 22P/C 1.13Q4 22 calls: $12.0mQ4 22 puts: $9.5mQ4 22P/C 0.79Q1 23 calls: $9.6mQ1 23 puts: $9.7mQ1 23P/C 1.02
Numbers
QuarterCallsPutsP/C
Q3 2022$29.1m$32.7m1.13
Q4 2022$12.0m$9.5m0.79
Q1 2023$9.6m$9.7m1.02

Biggest buyers

FMR LLC Added +3,814,941+3.8m
BRAIDWELL LP Added +440,617+440.6k
NORGES BANK Added +398,185+398.2k
DIMENSIONAL FUND ADVISORS LP Added +300,883+300.9k
VANGUARD GROUP INC Added +260,037+260.0k
Balyasny Asset Management L.P. Added +236,734+236.7k
Assenagon Asset Management S.A. Added +215,426+215.4k
D. E. Shaw & Co., Inc. Added +209,296+209.3k
Polar Asset Management Partners Inc. New +188,500+188.5k
RENAISSANCE TECHNOLOGIES LLC Added +182,000+182.0k

Biggest sellers

BlackRock Inc. Reduced -1,414,491-1.4m
JPMORGAN CHASE & CO Reduced -1,359,347-1.4m
BROWN ADVISORY INC Sold out -399,637-399.6k
MILLENNIUM MANAGEMENT LLC Reduced -281,474-281.5k
PICTET ASSET MANAGEMENT SA Sold out -260,306-260.3k
Capital World Investors Sold out -253,000-253.0k
Point72 Asset Management, L.P. Sold out -240,790-240.8k
BANK OF AMERICA CORP /DE/ Reduced -198,429-198.4k
Cubist Systematic Strategies, LLC Reduced -188,225-188.2k
CREDIT SUISSE AG/ Reduced -178,717-178.7k

Biggest calls

K2 PRINCIPAL FUND, L.P. Added $3.7m101.6k shares
Balyasny Asset Management L.P. New $2.3m65.0k shares
CITADEL ADVISORS LLC Added $1.4m38.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m36.5k shares
JANE STREET GROUP, LLC Reduced $437.4k12.1k shares
TWO SIGMA SECURITIES, LLC New $202.4k5.6k shares
SIMPLEX TRADING, LLC Unchanged $140.0k3.9k shares
GROUP ONE TRADING LLC Reduced $57.8k1.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Added $2.9m81.3k shares
Jefferies Financial Group Inc. Unchanged $2.2m60.0k shares
SIMPLEX TRADING, LLC Added $2.1m58.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $1.1m30.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $864.0k23.9k shares
CITADEL ADVISORS LLC Reduced $578.4k16.0k 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
ARMISTICE CAPITAL, LLC 13G · institution filed 2025-08-14 10.0% 689.6k 2025-08-14

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.01% of their portfolio BOSTON, MA 9,001,7949.0m $325.4m $325.4m 0.01% Added +3.8m +3,814,941
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,365,3874.4m $157.8m $157.8m 0.00% Added +260.0k +260,037
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,182,0633.2m $115.0m $115.0m 0.00% Reduced -1.4m -1,414,491
4 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,665,9971.7m $60.2m $60.2m 0.01% Added +398.2k +398,185
5 BRAIDWELL LP 1.95% of their portfolio STAMFORD, CT 1,632,9151.6m $59.0m $59.0m 1.95% Added +440.6k +440,617
6 ArrowMark Colorado Holdings LLC 0.55% of their portfolio Denver, CO 1,331,7561.3m $48.1m $48.1m 0.55% Added +79.5k +79,538
7 FRED ALGER MANAGEMENT, LLC 0.23% of their portfolio NEW YORK, NY 1,174,2431.2m $42.4m $42.4m 0.23% Reduced -9.8k -9,757
8 Rock Springs Capital Management LP 0.93% of their portfolio Baltimore, MD 1,077,9001.1m $39.0m $39.0m 0.93% Unchanged
9 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,050,8091.1m $38.0m $38.0m 0.01% Added +8.6k +8,633
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 922,438922.4k $33.3m $33.3m 0.00% Added +91.1k +91,110
11 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 802,595802.6k $29.0m $29.0m 0.05% Added +209.3k +209,296
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 658,713658.7k $23.8m $23.8m 0.00% Added +31.5k +31,475
13 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 649,956650.0k $23.5m $23.5m 0.02% Reduced -114.6k -114,561
14 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 641,778641.8k $23.2m $23.2m 0.08% Added +236.7k +236,734
15 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 638,974639.0k $23.1m $23.1m 0.03% Reduced -281.5k -281,474
16 FEDERATED HERMES, INC. 0.05% of their portfolio PITTSBURGH, PA 559,018559.0k $20.2m $20.2m 0.05% Added +32.8k +32,790
17 TWO SIGMA ADVISERS, LP 0.05% of their portfolio NEW YORK, NY 535,600535.6k $19.4m $19.4m 0.05% Added +172.4k +172,400
18 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 486,617486.6k $17.6m $17.6m 0.05% Added +80.1k +80,133
19 Assenagon Asset Management S.A. 0.06% of their portfolio SENNINGERBERG, N4 436,498436.5k $15.8m $15.8m 0.06% Added +215.4k +215,426
20 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 431,900431.9k $15.6m $15.6m 0.02% Added +182.0k +182,000
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 418,679418.7k $15.1m $15.1m 0.00% Reduced -125.3k -125,339
22 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 384,698384.7k $13.9m $13.9m 0.01% Reduced -663 -663
23 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 377,890377.9k $13.7m $13.7m 0.01% Reduced -10.5k -10,485
24 Woodline Partners LP 0.19% of their portfolio San Francisco, CA 368,606368.6k $13.3m $13.3m 0.19% Added +50.2k +50,242
25 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 362,329362.3k $13.1m $13.1m 0.00% Added +81.9k +81,895
26 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 362,023362.0k $13.1m $13.1m 0.00% Added +300.9k +300,883
27 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 350,215350.2k $12.7m $12.7m 0.01% Reduced -178.7k -178,717
28 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 336,206336.2k $12.2m $12.2m 0.00% Added +1.8k +1,799
29 JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio FLORHAM PARK, NJ 281,875281.9k $10.2m $10.2m 0.06% Added +53.3k +53,335
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 262,591262.6k $9.5m $9.5m 0.00% Added +433 +433
31 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 235,311235.3k $8.5m $8.5m 0.04% Added +22.4k +22,434
32 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 230,768230.8k $8.3m $8.3m 0.00% Added +62.6k +62,647
33 Bellevue Group AG 0.11% of their portfolio ZURICH, V8 218,573218.6k $7.9m $7.9m 0.11% Reduced -42.3k -42,262
34 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 208,615208.6k $7.5m $7.5m 0.01% Added +4.3k +4,265
35 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 194,592194.6k $7.0m $7.0m 0.02% Added +2.4k +2,398
36 Polar Asset Management Partners Inc. 0.12% of their portfolio TORONTO, A6 188,500188.5k $6.8m $6.8m 0.12% New
37 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 187,840187.8k $6.8m $6.8m 0.00% Reduced -198.4k -198,429
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 181,733181.7k $6.6m $6.6m 0.00% Reduced -130.5k -130,540
39 CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio PARIS, I0 172,511172.5k $6.2m $6.2m 0.12% Added +13.3k +13,301
40 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 144,215144.2k $5.2m $5.2m 0.00% Reduced -20.0k -19,971
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 143,585143.6k $5.2m $5.2m 0.01% New
42 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 142,038142.0k $5.1m $5.1m 0.01% Added +1.2k +1,246
43 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 128,075128.1k $4.6m $4.6m 0.00% Reduced -78.1k -78,055
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 126,124126.1k $4.6m $4.6m 0.00% Reduced -1.4m -1,359,347
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 119,504119.5k $4.3m $4.3m 0.00% Reduced -2.3k -2,262
46 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 109,381109.4k $4.0m $4.0m 0.01% Added +7.4k +7,419
47 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 107,000107.0k $3.9m $3.9m 0.02% Reduced -21.0k -21,000
48 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 106,496106.5k $3.8m $3.8m 0.08% Added +80.9k +80,908
49 WORLD EQUITY GROUP, INC. 0.04% of their portfolio SCHAUMBURG, IL 99,88899.9k $282.8k $282.8k 0.04% New
50 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 90,76190.8k $3.3m $3.3m 0.02% Added +85.3k +85,276
51 Man Group plc 0.01% of their portfolio LONDON, X0 79,85279.9k $2.9m $2.9m 0.01% New
52 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 77,70077.7k $2.8m $2.8m 0.00% Added +50.9k +50,908
53 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 76,52376.5k $2.8m $2.8m 0.01% Added +51.3k +51,307
54 Legal & General Group Plc 0.00% of their portfolio London, X0 74,67974.7k $2.7m $2.7m 0.00% Added +7.2k +7,193
55 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 74,62674.6k $2.7m $2.7m 0.01% Reduced -26.2k -26,203
56 Swiss National Bank 0.00% of their portfolio ZURICH, V8 72,60072.6k $2.6m $2.6m 0.00% Reduced -8.5k -8,500
57 Engineers Gate Manager LP 0.10% of their portfolio NEW YORK, NY 69,43669.4k $2.5m $2.5m 0.10% Added +56.2k +56,165
58 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 66,93366.9k $2.4m $2.4m 0.03% Reduced -2.6k -2,649
59 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 58,34058.3k $2.1m $2.1m 0.02% Added +8.1k +8,123
60 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 54,46054.5k $2.0m $2.0m 0.00% Added +1.9k +1,914
61 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 53,53953.5k $1.9m $1.9m 0.01% Reduced -5.2k -5,180
62 TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio STAMFORD, CT 51,83951.8k $1.9m $1.9m 0.04% Reduced -17.5k -17,543
63 Numerai GP LLC 0.61% of their portfolio SAN FRANCISCO, CA 50,71650.7k $1.8m $1.8m 0.61% New
64 Graham Capital Management, L.P. 0.06% of their portfolio ROWAYTON, CT 48,94548.9k $1.8m $1.8m 0.06% Added +12.4k +12,364
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 47,08047.1k $1.7m $1.7m 0.00% Added +744 +744
66 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 42,54542.5k $1.5m $1.5m 0.00% Reduced -640 -640
67 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 42,50142.5k $1.5m $1.5m 0.01% Added +1.6k +1,566
68 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 41,20041.2k $1.5m $1.5m 0.00% Reduced -211 -211
69 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 38,75338.8k $1.4m $1.4m 0.01% Added +21.3k +21,305
70 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 37,41537.4k $1.4m $1.4m 0.00% Reduced -13.6k -13,563
71 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 36,69836.7k $1.3m $1.3m 0.00% Unchanged
72 EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio Oklahoma City, OK 36,61336.6k $1.3m $1.3m 0.04% Added +4.5k +4,511
73 ALGERT GLOBAL LLC 0.06% of their portfolio SAN FRANCISCO, CA 34,76734.8k $1.3m $1.3m 0.06% Added +728 +728
74 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 34,31034.3k $1.2m $1.2m 0.00% Added +14 +14
75 Kula Investments, LLC 0.30% of their portfolio CHICAGO, IL 33,81033.8k $1.2m $1.2m 0.30% Added +24.9k +24,921
76 WINTON GROUP Ltd 0.07% of their portfolio LONDON, X0 33,59533.6k $1.2m $1.2m 0.07% Added +14.6k +14,637
77 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 33,21833.2k $1.2m $1.2m 0.03% Added +7.2k +7,175
78 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 32,31832.3k $1.2m $1.2m 0.00% Added +218 +218
79 Jasper Ridge Partners, L.P. 0.04% of their portfolio MENLO PARK, CA 26,01626.0k $940.5k $940.5k 0.04% Unchanged
80 Quantbot Technologies LP 0.06% of their portfolio NEW YORK, NY 24,09524.1k $871.0k $871.0k 0.06% Added +18.5k +18,514
81 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 23,92623.9k $864.9k $864.9k 0.01% Added +6.5k +6,515
82 Holocene Advisors, LP 0.00% of their portfolio New York, NY 23,30523.3k $842.5k $842.5k 0.00% Added +7.9k +7,882
83 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 21,95722.0k $793.7k $793.7k 0.00% Added +11.9k +11,916
84 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 21,93921.9k $793.1k $793.1k 0.00% Added +449 +449
85 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 21,50021.5k $777.2k $777.2k 0.01% Reduced -729 -729
86 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 19,39019.4k $700.9k $700.9k 0.00% Added +3.1k +3,100
87 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 18,94018.9k $684.7k $684.7k 0.00% Unchanged
88 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 18,40618.4k $665.4k $665.4k 0.00% Reduced -6.6k -6,591
89 Versor Investments LP 0.09% of their portfolio New York, NY 18,03618.0k $652.0k $652.0k 0.09% Added +7.3k +7,336
90 PDT Partners, LLC 0.09% of their portfolio New York, NY 17,99018.0k $650.3k $650.3k 0.09% Reduced -37.7k -37,725
91 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 17,41017.4k $629.7k $629.7k 0.00% Added +3.2k +3,184
92 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 16,84516.8k $608.9k $608.9k 0.00% Added +336 +336
93 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 16,61716.6k $600.7k $600.7k 0.02% Reduced -71.8k -71,761
94 Dorsey & Whitney Trust CO LLC 0.05% of their portfolio SIOUX FALLS, SD 16,37416.4k $591.9k $591.9k 0.05% Unchanged
95 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 16,31816.3k $589.9k $589.9k 0.00% Added +8.2k +8,159
96 Boston Partners 0.00% of their portfolio BOSTON, MA 15,60715.6k $564.2k $564.2k 0.00% New
97 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 15,00415.0k $542.4k $542.4k 0.00% Unchanged
98 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 14,99615.0k $499.0k $499.0k 0.00% Reduced -6.3k -6,282
99 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio NEW YORK, NY 14,87114.9k $537.6k $537.6k 0.01% Added +237 +237
100 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 14,84714.8k $536.6k $536.6k 0.00% Added +8.2k +8,156