Vault-13

NEVRO CORP NVRO

COM · Common Stock · CUSIP 64157F103

130 institutional holders -2 vs Q3 2024
35,948,59135.9m shares reported held*
$133.7mreported value*
20 new 47 added 39 reduced 28 sold out net sold ≈ $7.8m (-2.1m 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 ($118.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.72. Options: 5 managers hold calls ($2.3m notional), 8 hold puts ($4.6m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 178Q4 22: 171Q1 23: 160Q2 23: 156Q3 23: 138Q4 23: 141Q1 24: 154Q2 24: 153Q3 24: 132Q4 24: 130130Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022178
Q4 2022171
Q1 2023160
Q2 2023156
Q3 2023138
Q4 2023141
Q1 2024154
Q2 2024153
Q3 2024132
Q4 2024130

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 23: 93 bought or addedQ1 23: 74 cut or sold outQ2 23: 87 bought or addedQ2 23: 76 cut or sold outQ2 23Q3 23: 86 bought or addedQ3 23: 68 cut or sold outQ4 23: 67 bought or addedQ4 23: 68 cut or sold outQ4 23Q1 24: 82 bought or addedQ1 24: 72 cut or sold outQ2 24: 88 bought or addedQ2 24: 75 cut or sold outQ2 24Q3 24: 75 bought or addedQ3 24: 77 cut or sold outQ4 24: 67 bought or addedQ4 24: 67 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20239374
Q2 20238776
Q3 20238668
Q4 20236768
Q1 20248272
Q2 20248875
Q3 20247577
Q4 20246767

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ1 24 calls: $1.3mQ1 24 puts: $14.2mQ1 24P/C 11.26Q2 24 calls: $426.2kQ2 24 puts: $13.0mQ2 24P/C 30.44Q3 24 calls: $433.9kQ3 24 puts: $8.0mQ3 24P/C 18.52Q4 24 calls: $2.3mQ4 24 puts: $4.6mQ4 24P/C 1.99
Numbers
QuarterCallsPutsP/C
Q1 2024$1.3m$14.2m11.26
Q2 2024$426.2k$13.0m30.44
Q3 2024$433.9k$8.0m18.52
Q4 2024$2.3m$4.6m1.99

Biggest buyers

Shay Capital LLC Added +932,732+932.7k
CANTOR FITZGERALD, L. P. New +531,204+531.2k
Rock Springs Capital Management LP Added +266,600+266.6k
D. E. Shaw & Co., Inc. Added +256,943+256.9k
UBS Group AG Added +161,836+161.8k
Caption Management, LLC Added +159,550+159.6k
AQR CAPITAL MANAGEMENT LLC Added +145,463+145.5k
PRUDENTIAL FINANCIAL INC Added +138,700+138.7k
MYDA Advisors LLC New +116,200+116.2k
GOLDMAN SACHS GROUP INC Added +105,170+105.2k

Biggest sellers

Engaged Capital LLC Sold out -2,442,956-2.4m
Balyasny Asset Management L.P. Sold out -505,295-505.3k
NOMURA HOLDINGS INC Sold out -355,749-355.7k
Western Standard LLC Reduced -333,840-333.8k
Eversept Partners, LP Sold out -313,780-313.8k
Assenagon Asset Management S.A. Reduced -258,521-258.5k
FEDERATED HERMES, INC. Reduced -188,515-188.5k
LAZARD ASSET MANAGEMENT LLC Reduced -157,523-157.5k
BANK OF AMERICA CORP /DE/ Reduced -141,896-141.9k
MILLENNIUM MANAGEMENT LLC Reduced -140,638-140.6k

Biggest calls

Shay Capital LLC New $1.8m487.9k shares
CITADEL ADVISORS LLC Added $484.0k130.1k shares
Walleye Capital LLC Unchanged $16.4k4.4k shares
GROUP ONE TRADING LLC Reduced $744200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Jefferies Financial Group Inc. Unchanged $2.0m525.6k shares
Caption Management, LLC Reduced $1.8m488.3k shares
Crawford Fund Management, LLC Added $402.5k108.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $215.0k57.8k shares
CITADEL ADVISORS LLC Reduced $208.3k56.0k shares
SIMPLEX TRADING, LLC Added $12.0k3.3k shares
GROUP ONE TRADING LLC Unchanged $3.3k900 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ArrowMark Colorado Holdings LLC 0.22% of their portfolio Denver, CO 4,361,2824.4m $16.2m $16.2m 0.22% Reduced -30.0k -29,976
2 ARMISTICE CAPITAL, LLC 0.32% of their portfolio NEW YORK, NY 3,736,0003.7m $13.9m $13.9m 0.32% Added +8.0k +8,000
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,048,4863.0m $11.3m $11.3m 0.00% Reduced -18.7k -18,720
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,062,1932.1m $7.7m $7.7m 0.00% Reduced -33.7k -33,745
5 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,803,5321.8m $6.7m $6.7m 0.01% Added +256.9k +256,943
6 BRAIDWELL LP 0.19% of their portfolio STAMFORD, CT 1,698,7681.7m $6.3m $6.3m 0.19% Unchanged
7 Rock Springs Capital Management LP 0.23% of their portfolio Baltimore, MD 1,648,1001.6m $6.1m $6.1m 0.23% Added +266.6k +266,600
8 Shay Capital LLC 0.99% of their portfolio NEW YORK, NY 1,083,8621.1m $4.0m $4.0m 0.99% Added +932.7k +932,732
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,039,3061.0m $3.9m $3.9m 0.00% Added +2.0k +2,047
10 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 931,978932.0k $3.5m $3.5m 0.00% Reduced -68.0k -68,022
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 828,020828.0k $3.1m $3.1m 0.00% Reduced -7.2k -7,184
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 769,853769.9k $2.9m $2.9m 0.00% Added +17.2k +17,222
13 Palo Alto Investors LP 0.43% of their portfolio PALO ALTO, CA 750,371750.4k $2.8m $2.8m 0.43% Unchanged
14 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 670,827670.8k $2.5m $2.5m 0.00% Reduced -258.5k -258,521
15 JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio FLORHAM PARK, NJ 661,688661.7k $2.5m $2.5m 0.01% Reduced -71.0k -71,029
16 Western Standard LLC 1.60% of their portfolio Los Angeles, CA 645,141645.1k $2.4m $2.4m 1.60% Reduced -333.8k -333,840
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 598,852598.9k $2.2m $2.2m 0.00% Added +62.8k +62,792
18 CANTOR FITZGERALD, L. P. 0.08% of their portfolio NEW YORK, NY 531,204531.2k $2.0m $2.0m 0.08% New
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 506,382506.4k $1.9m $1.9m 0.00% Added +44.2k +44,178
20 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 480,734480.7k $1.8m $1.8m 0.01% Added +73.9k +73,943
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 455,137455.1k $1.7m $1.7m 0.00% Added +105.2k +105,170
22 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 441,903441.9k $1.6m $1.6m 0.02% Added +76.9k +76,903
23 Caption Management, LLC 0.06% of their portfolio OKLAHOMA CITY, OK 397,816397.8k $1.5m $1.5m 0.06% Added +159.6k +159,550
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 369,554369.6k $1.4m $1.4m 0.00% Added +17.9k +17,878
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 358,420358.4k $1.3m $1.3m 0.00% Added +8.7k +8,745
26 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 331,066331.1k $1.2m $1.2m 0.00% Reduced -140.6k -140,638
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 314,481314.5k $1.2m $1.2m 0.00% Added +10.8k +10,806
28 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 310,248310.2k $1.2m $1.2m 0.00% Added +145.5k +145,463
29 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 300,309300.3k $1.1m $1.1m 0.00% Reduced -16.6k -16,610
30 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 253,700253.7k $943.8k $943.8k 0.00% Reduced -31.2k -31,200
31 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 236,760236.8k $880.7k $880.7k 0.01% Reduced -22.9k -22,856
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 219,319219.3k $815.9k $815.9k 0.00% Added +62.6k +62,568
33 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio HOUSTON, TX 211,500211.5k $786.8k $786.8k 0.02% Reduced -35.5k -35,500
34 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 195,680195.7k $727.9k $727.9k 0.00% Added +138.7k +138,700
35 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 177,909177.9k $661.0k $661.0k 0.00% Reduced -157.5k -157,523
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 171,417171.4k $637.7k $637.7k 0.00% Added +161.8k +161,836
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 154,881154.9k $576.2k $576.2k 0.00% Reduced -95 -95
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 149,181149.2k $555.0k $555.0k 0.00% Added +35.4k +35,405
39 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 139,240139.2k $518.0k $518.0k 0.00% Added +38.9k +38,869
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 136,242136.2k $506.8k $506.8k 0.00% Reduced -141.9k -141,896
41 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 132,932132.9k $494.5k $494.5k 0.00% Reduced -36.4k -36,442
42 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 130,121130.1k $484.1k $484.1k 0.01% Reduced -37 -37
43 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 116,996117.0k $435.2k $435.2k 0.01% First filing
44 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 116,990117.0k $435.2k $435.2k 0.01% Added +1.4k +1,358
45 MYDA Advisors LLC 0.12% of their portfolio WOODMERE, NY 116,200116.2k $432.3k $432.3k 0.12% New
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 112,924112.9k $420.1k $420.1k 0.00% Added +24.0k +23,994
47 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 108,176108.2k $402.4k $402.4k 0.00% Reduced -1.3k -1,305
48 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 101,557101.6k $377.8k $377.8k 0.00% Reduced -103.1k -103,061
49 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 90,78190.8k $337.7k $337.7k 0.00% Reduced -44.4k -44,364
50 TD Capital Management LLC 0.03% of their portfolio MEMPHIS, TN 84,64884.6k $314.9k $314.9k 0.03% Unchanged
51 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 79,84079.8k $297.0k $297.0k 0.00% Unchanged
52 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 78,95479.0k $293.9k $293.9k 0.00% Unchanged
53 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 78,90678.9k $293.5k $293.5k 0.00% Reduced -25.3k -25,270
54 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 77,05077.0k $286.6k $286.6k 0.00% First filing
55 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 72,30072.3k $269.0k $269.0k 0.00% Unchanged
56 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 69,41669.4k $258.2k $258.2k 0.00% Added +7.9k +7,920
57 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 64,33964.3k $239.3k $239.3k 0.00% Added +651 +651
58 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 61,23361.2k $227.8k $227.8k 0.01% Added +4.1k +4,120
59 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 60,05560.1k $223.0k $223.0k 0.01% New
60 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 55,67955.7k $207.1k $207.1k 0.00% Reduced -188.5k -188,515
61 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 54,04954.0k $201.1k $201.1k 0.01% Added +38.1k +38,093
62 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 52,84452.8k $196.6k $196.6k 0.00% Added +1.2k +1,184
63 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 51,57051.6k $191.8k $191.8k 0.00% Unchanged
64 Nebula Research & Development LLC 0.02% of their portfolio New York, NY 43,66643.7k $162.4k $162.4k 0.02% Reduced -6.9k -6,934
65 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 42,08742.1k $156.6k $156.6k 0.00% Reduced -2.1k -2,103
66 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 39,03239.0k $147.3k $147.3k 0.00% Reduced -6.8k -6,844
67 DAFNA Capital Management LLC 0.04% of their portfolio LOS ANGELES, CA 38,00038.0k $141.4k $141.4k 0.04% Unchanged
68 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 37,82937.8k $140.7k $140.7k 0.00% Reduced -9.7k -9,675
69 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 37,70237.7k $140.3k $140.3k 0.00% New
70 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 37,04137.0k $137.8k $137.8k 0.00% Added +4.2k +4,224
71 SHERBROOKE PARK ADVISERS LLC 0.04% of their portfolio WHITE PLAINS, NY 36,61236.6k $136.2k $136.2k 0.04% New
72 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 31,04331.0k $115.5k $115.5k 0.01% Added +11.1k +11,091
73 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 28,41528.4k $105.7k $105.7k 0.00% Added +471 +471
74 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 25,50025.5k $94.9k $94.9k 0.00% Added +17.2k +17,200
75 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 24,03224.0k $89.4k $89.4k 0.00% Reduced -3.9k -3,852
76 TOWNSQUARE CAPITAL LLC 0.00% of their portfolio Lehi, UT 22,62522.6k $84.2k $84.2k 0.00% New
77 NORDEN GROUP LLC 0.01% of their portfolio PROVO, UT 22,62522.6k $84.2k $84.2k 0.01% New
78 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 21,59521.6k $80.3k $80.3k 0.00% Added +5.0k +4,971
79 Campbell & CO Investment Adviser LLC 0.01% of their portfolio BALTIMORE, MD 20,91620.9k $77.8k $77.8k 0.01% New
80 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 20,81320.8k $77.4k $77.4k 0.00% Added +912 +912
81 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 20,59220.6k $76.6k $76.6k 0.00% New
82 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 20,54820.5k $76.4k $76.4k 0.00% Added +7.9k +7,889
83 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 19,12119.1k $71.1k $71.1k 0.00% Added +6.8k +6,836
84 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 18,27418.3k $68.0k $68.0k 0.00% Reduced -1.1k -1,062
85 Virtu Financial LLC 0.00% of their portfolio New York, NY 17,95618.0k $67.0k $67.0k 0.00% Added +6.7k +6,725
86 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 17,12617.1k $64.0k $64.0k 0.00% Added +4.4k +4,406
87 OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio FORT LAUDERDALE, FL 16,08716.1k $59.8k $59.8k 0.01% Reduced -2.2k -2,165
88 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 14,86714.9k $55.3k $55.3k 0.00% Added +489 +489
89 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 12,36912.4k $46.0k $46.0k 0.00% New
90 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 12,12012.1k $45.1k $45.1k 0.00% New
91 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 11,86211.9k $44.1k $44.1k 0.00% Reduced -571 -571
92 Corton Capital Inc. 0.02% of their portfolio Carrying Place, A6 11,48711.5k $42.7k $42.7k 0.02% New
93 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 11,34811.3k $42.2k $42.2k 0.00% Unchanged
94 OXFORD ASSET MANAGEMENT LLP 0.02% of their portfolio OXFORD, X0 10,57710.6k $39.3k $39.3k 0.02% Not comparable
95 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 10,35110.4k $38.5k $38.5k 0.00% Reduced -3.3k -3,313
96 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 10,14810.1k $37.8k $37.8k 0.00% Unchanged
97 CWM, LLC 0.00% of their portfolio OMAHA, NE 9,3679.4k $35.0k $35.0k 0.00% Added +6.8k +6,767
98 Amundi 0.00% of their portfolio Paris, I0 8,5348.5k $29.8k $29.8k 0.00% New
99 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 7,9057.9k $29.4k $29.4k 0.00% First filing
100 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 7,1457.1k $26.6k $26.6k 0.00% Reduced -10.7k -10,667