Vault-13

NEVRO CORP NVRO

COM · Common Stock · CUSIP 64157F103

129 institutional holders -1 vs Q4 2024
33,897,08433.9m shares reported held*
$199.4mreported value*
40 new 27 added 43 reduced 42 sold out net sold ≈ $26.6m (-4.5m 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 ≈ $5.88. Options: 7 managers hold calls ($1.7m notional), 5 hold puts ($1.6m).

Trends to Q1 2025

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: 130Q1 25: 129129Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022178
Q4 2022171
Q1 2023160
Q2 2023156
Q3 2023138
Q4 2023141
Q1 2024154
Q2 2024153
Q3 2024132
Q4 2024130
Q1 2025129

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 87 bought or addedQ2 23: 76 cut or sold outQ3 23: 86 bought or addedQ3 23: 68 cut or sold outQ3 23Q4 23: 67 bought or addedQ4 23: 68 cut or sold outQ1 24: 82 bought or addedQ1 24: 72 cut or sold outQ1 24Q2 24: 88 bought or addedQ2 24: 75 cut or sold outQ3 24: 75 bought or addedQ3 24: 77 cut or sold outQ3 24Q4 24: 67 bought or addedQ4 24: 67 cut or sold outQ1 25: 67 bought or addedQ1 25: 85 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20238776
Q3 20238668
Q4 20236768
Q1 20248272
Q2 20248875
Q3 20247577
Q4 20246767
Q1 20256785

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 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 1.99Q1 25 calls: $1.7mQ1 25 puts: $1.6mQ1 25P/C 0.95
Numbers
QuarterCallsPutsP/C
Q2 2024$426.2k$13.0m30.44
Q3 2024$433.9k$8.0m18.52
Q4 2024$2.3m$4.6m1.99
Q1 2025$1.7m$1.6m0.95

Biggest buyers

Beryl Capital Management LLC New +3,761,191+3.8m
Meteora Capital, LLC New +1,723,715+1.7m
GARDNER LEWIS ASSET MANAGEMENT L P New +1,630,291+1.6m
GOLDMAN SACHS GROUP INC Added +1,617,676+1.6m
GABELLI FUNDS LLC New +1,322,950+1.3m
RENAISSANCE TECHNOLOGIES LLC Added +909,100+909.1k
BOOTHBAY FUND MANAGEMENT, LLC New +861,857+861.9k
GABELLI & Co INVESTMENT ADVISERS, INC. New +712,450+712.5k
ABC ARBITRAGE SA New +590,507+590.5k
PRELUDE CAPITAL MANAGEMENT, LLC New +525,759+525.8k

Biggest sellers

ArrowMark Colorado Holdings LLC Sold out -4,361,282-4.4m
ARMISTICE CAPITAL, LLC Sold out -3,736,000-3.7m
BRAIDWELL LP Sold out -1,698,768-1.7m
Shay Capital LLC Sold out -1,083,862-1.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -931,642-931.6k
Rock Springs Capital Management LP Reduced -847,606-847.6k
Palo Alto Investors LP Sold out -750,371-750.4k
Assenagon Asset Management S.A. Sold out -670,827-670.8k
JACOBS LEVY EQUITY MANAGEMENT, INC Sold out -661,688-661.7k
Western Standard LLC Sold out -645,141-645.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $643.6k110.2k shares
Squarepoint Ops LLC New $438.0k75.0k shares
JANE STREET GROUP, LLC New $292.0k50.0k shares
CITADEL ADVISORS LLC Reduced $278.6k47.7k shares
GROUP ONE TRADING LLC Added $8.2k1.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC New $06.3k shares

Biggest puts

Crawford Fund Management, LLC Added $1.2m208.7k shares
CITADEL ADVISORS LLC Reduced $303.1k51.9k shares
CSS LLC/IL New $59.0k10.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Added $04.6k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Beryl Capital Management LLC 8.21% of their portfolio REDONDO BEACH, CA 3,761,1913.8m $22.0m $22.0m 8.21% New
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,930,7832.9m $17.1m $17.1m 0.00% Reduced -117.7k -117,703
3 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,072,8132.1m $12.1m $12.1m 0.00% Added +1.6m +1,617,676
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,070,0272.1m $12.1m $12.1m 0.00% Added +7.8k +7,834
5 ODDO BHF ASSET MANAGEMENT SAS 0.44% of their portfolio PARIS, I0 1,850,0001.9m $10.8m $10.8m 0.44% Not comparable
6 Meteora Capital, LLC 3.56% of their portfolio Boca Raton, FL 1,723,7151.7m $10.1m $10.1m 3.56% New
7 GARDNER LEWIS ASSET MANAGEMENT L P 2.29% of their portfolio CHADDS FORD, PA 1,630,2911.6m $9.5m $9.5m 2.29% New
8 GABELLI FUNDS LLC 0.06% of their portfolio Rye, NY 1,322,9501.3m $7.7m $7.7m 0.06% New
9 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,251,8301.3m $7.3m $7.3m 0.01% Reduced -551.7k -551,702
10 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,209,4091.2m $7.1m $7.1m 0.01% Added +909.1k +909,100
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 880,546880.5k $5.1m $5.1m 0.00% Added +52.5k +52,526
12 BOOTHBAY FUND MANAGEMENT, LLC 0.17% of their portfolio NEW YORK, NY 861,857861.9k $5.0m $5.0m 0.17% New
13 Rock Springs Capital Management LP 0.27% of their portfolio Baltimore, MD 800,494800.5k $4.7m $4.7m 0.27% Reduced -847.6k -847,606
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 785,402785.4k $4.6m $4.6m 0.00% Added +15.5k +15,549
15 Trium Capital LLP 1.85% of their portfolio LONDON, X0 778,990779.0k $4.5m $4.5m 1.85% Not comparable
16 GABELLI & Co INVESTMENT ADVISERS, INC. 0.63% of their portfolio Rye, NY 712,450712.5k $4.2m $4.2m 0.63% New
17 ABC ARBITRAGE SA 0.64% of their portfolio PARIS, I0 590,507590.5k $3.4m $3.4m 0.64% New
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 579,455579.5k $3.4m $3.4m 0.00% Reduced -459.9k -459,851
19 PRELUDE CAPITAL MANAGEMENT, LLC 0.31% of their portfolio NEW YORK, NY 525,759525.8k $3.1m $3.1m 0.31% New
20 Groupe la Francaise 0.06% of their portfolio PARIS, I0 465,237465.2k $2.7m $2.7m 0.06% New
21 OXFORD ASSET MANAGEMENT LLP 1.07% of their portfolio OXFORD, X0 399,739399.7k $2.3m $2.3m 1.07% Added +389.2k +389,162
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 349,366349.4k $2.0m $2.0m 0.00% Reduced -9.1k -9,054
23 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 331,014331.0k $1.9m $1.9m 0.00% Reduced -52 -52
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 330,902330.9k $1.9m $1.9m 0.00% Added +111.6k +111,583
25 CREDIT INDUSTRIEL ET COMMERCIAL 0.33% of their portfolio PARIS FRANCE, I0 315,880315.9k $1.8m $1.8m 0.33% New
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 301,645301.6k $1.8m $1.8m 0.00% Reduced -12.8k -12,836
27 Sagefield Capital LP 0.21% of their portfolio DALLAS, TX 292,758292.8k $1.7m $1.7m 0.21% New
28 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 277,430277.4k $1.6m $1.6m 0.01% New
29 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 267,500267.5k $1.6m $1.6m 0.00% Added +13.8k +13,800
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 263,570263.6k $1.5m $1.5m 0.00% Reduced -242.8k -242,812
31 BCK CAPITAL MANAGEMENT LP 1.13% of their portfolio STAMFORD, CT 248,000248.0k $1.4m $1.4m 1.13% New
32 Quantessence Capital LLC 0.33% of their portfolio NEW YORK, NY 227,701227.7k $1.3m $1.3m 0.33% New
33 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 215,654215.7k $1.3m $1.3m 0.00% Reduced -94.6k -94,594
34 CSS LLC/IL 0.08% of their portfolio CHICAGO, IL 205,320205.3k $1.2m $1.2m 0.08% New
35 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 152,809152.8k $892.4k $892.4k 0.00% First filing
36 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 143,715143.7k $839.3k $839.3k 0.00% First filing
37 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 140,015140.0k $818.0k $818.0k 0.00% Added +775 +775
38 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 129,605129.6k $756.0k $756.0k 0.03% Added +69.5k +69,550
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 123,082123.1k $718.8k $718.8k 0.00% Reduced -48.3k -48,335
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 118,262118.3k $690.6k $690.6k 0.00% Reduced -30.9k -30,919
41 WATER ISLAND CAPITAL LLC 0.12% of their portfolio NEW YORK, NY 116,721116.7k $681.7k $681.7k 0.12% New
42 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 113,189113.2k $661.0k $661.0k 0.01% Reduced -3.8k -3,801
43 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 112,156112.2k $655.0k $655.0k 0.00% Added +4.0k +3,980
44 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 107,894107.9k $630.1k $630.1k 0.01% Reduced -9.1k -9,102
45 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 101,919101.9k $595.2k $595.2k 0.01% Reduced -28.2k -28,202
46 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 99,14499.1k $579.0k $579.0k 0.02% Added +45.1k +45,095
47 GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio GREENWICH, CT 88,50088.5k $516.8k $516.8k 0.01% New
48 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 82,09182.1k $479.4k $479.4k 0.00% New
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 76,47976.5k $446.6k $446.6k 0.00% Reduced -36.4k -36,445
50 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 73,77973.8k $430.9k $430.9k 0.00% Reduced -59.2k -59,153
51 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 68,95469.0k $402.7k $402.7k 0.00% Added +16.1k +16,110
52 PenderFund Capital Management Ltd. 0.57% of their portfolio VANCOUVER, A1 64,32964.3k $1.8m $1.8m 0.57% New
53 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 61,13361.1k $357.0k $357.0k 0.02% New
54 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 58,09858.1k $339.3k $339.3k 0.00% Reduced -6.2k -6,241
55 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 55,39055.4k $323.0k $323.0k 0.00% Added +38.3k +38,264
56 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 54,52354.5k $318.4k $318.4k 0.00% Reduced -81.7k -81,719
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 51,57051.6k $301.2k $301.2k 0.00% Unchanged
58 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 51,15151.2k $298.7k $298.7k 0.00% Reduced -18.3k -18,265
59 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 50,94750.9k $297.5k $297.5k 0.00% Added +13.9k +13,906
60 PDT Partners, LLC 0.02% of their portfolio New York, NY 49,38949.4k $288.4k $288.4k 0.02% New
61 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 41,17341.2k $240.4k $240.4k 0.01% Reduced -20.1k -20,060
62 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 40,35540.4k $235.9k $235.9k 0.00% Added +1.3k +1,323
63 HARVEST MANAGEMENT LLC 0.11% of their portfolio New York, NY 40,00040.0k $233.6k $233.6k 0.11% New
64 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 38,88538.9k $227.1k $227.1k 0.00% Reduced -3.2k -3,202
65 DAFNA Capital Management LLC 0.06% of their portfolio LOS ANGELES, CA 38,00038.0k $221.9k $221.9k 0.06% Unchanged
66 Skandinaviska Enskilda Banken AB (publ) 0.00% of their portfolio STOCKHOLM, V7 31,37331.4k $183.2k $183.2k 0.00% New
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 26,13426.1k $152.6k $152.6k 0.00% Reduced -2.3k -2,281
68 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 25,14425.1k $146.8k $146.8k 0.00% New
69 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 22,86922.9k $133.6k $133.6k 0.00% New
70 TOWNSQUARE CAPITAL LLC 0.00% of their portfolio Lehi, UT 22,62522.6k $132.1k $132.1k 0.00% Unchanged
71 NORDEN GROUP LLC 0.02% of their portfolio PROVO, UT 22,62522.6k $132.1k $132.1k 0.02% Unchanged
72 FORA Capital, LLC 0.01% of their portfolio MIAMI, FL 22,42722.4k $131.0k $131.0k 0.01% New
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22,30722.3k $130.3k $130.3k 0.00% Added +712 +712
74 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 21,91021.9k $128.0k $128.0k 0.00% Added +10.0k +10,048
75 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 21,74921.7k $127.0k $127.0k 0.00% Added +936 +936
76 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 20,57420.6k $120.2k $120.2k 0.00% Added +1.5k +1,453
77 Dynamic Technology Lab Private Ltd 0.02% of their portfolio SINGAPORE, U0 20,34120.3k $119.0k $119.0k 0.02% New
78 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 20,03920.0k $117.0k $117.0k 0.00% New
79 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 19,69019.7k $115.0k $115.0k 0.00% Reduced -60.1k -60,150
80 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.03% of their portfolio BOSTON, MA 19,41519.4k $113.4k $113.4k 0.03% New
81 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 19,10119.1k $111.6k $111.6k 0.00% Reduced -1.5k -1,491
82 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 18,00718.0k $105.2k $105.2k 0.00% Reduced -267 -267
83 SHERBROOKE PARK ADVISERS LLC 0.05% of their portfolio WHITE PLAINS, NY 17,38617.4k $101.5k $101.5k 0.05% Reduced -19.2k -19,226
84 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 14,86514.9k $86.8k $86.8k 0.00% Reduced -2 -2
85 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 14,59914.6k $85.3k $85.3k 0.00% New
86 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 14,47314.5k $84.6k $84.6k 0.00% New
87 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 11,43611.4k $66.8k $66.8k 0.00% Reduced -90.1k -90,121
88 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 10,14810.1k $59.3k $59.3k 0.00% Unchanged
89 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 10,00010.0k $58.4k $58.4k 0.00% Reduced -67.0k -67,050
90 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 7,9057.9k $46.2k $46.2k 0.00% Unchanged
91 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,0326.0k $35.2k $35.2k 0.00% Reduced -592.8k -592,820
92 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,9996.0k $35.0k $35.0k 0.00% Reduced -280 -280
93 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 4,3034.3k $25.1k $25.1k 0.00% Unchanged
94 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 3,5293.5k $20.6k $20.6k 0.00% Unchanged
95 SUMMIT SECURITIES GROUP LLC 0.01% of their portfolio NEW YORK, NY 3,3343.3k $19.5k $19.5k 0.01% New
96 Legal & General Group Plc 0.00% of their portfolio London, X0 3,0673.1k $17.9k $17.9k 0.00% Unchanged
97 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 2,7002.7k $15.8k $15.8k 0.00% New
98 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 2,6202.6k $15.3k $15.3k 0.00% Unchanged
99 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 2,1762.2k $12.7k $12.7k 0.00% Added +1.3k +1,256
100 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,1312.1k $12.4k $12.4k 0.00% Reduced -5.0k -5,014