Vault-13

NUVALENT INC

COM · CUSIP 670703107

174 institutional holders -8 vs Q1 2024
65,999,35666.0m shares reported held*
$5.0bnreported value*
22 new 71 added 56 reduced 32 sold out net bought ≈ $117.4m (+1.5m 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 ($4.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.87. Options: 8 managers hold calls ($51.4m notional), 7 hold puts ($12.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 60Q4 22: 97Q1 23: 90Q2 23: 112Q3 23: 117Q4 23: 157Q1 24: 182Q2 24: 174174Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202260
Q4 202297
Q1 202390
Q2 2023112
Q3 2023117
Q4 2023157
Q1 2024182
Q2 2024174

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 80 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 54 bought or addedQ1 23: 40 cut or sold outQ2 23: 67 bought or addedQ2 23: 41 cut or sold outQ2 23Q3 23: 72 bought or addedQ3 23: 41 cut or sold outQ4 23: 113 bought or addedQ4 23: 31 cut or sold outQ4 23Q1 24: 101 bought or addedQ1 24: 77 cut or sold outQ2 24: 93 bought or addedQ2 24: 88 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228017
Q1 20235440
Q2 20236741
Q3 20237241
Q4 202311331
Q1 202410177
Q2 20249388

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 23 calls: $22.5mQ3 23 puts: $8.3mQ3 23P/C 0.37Q4 23 calls: $107.0mQ4 23 puts: $18.2mQ4 23P/C 0.17Q1 24 calls: $87.5mQ1 24 puts: $11.4mQ1 24P/C 0.13Q2 24 calls: $51.4mQ2 24 puts: $12.8mQ2 24P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2023$22.5m$8.3m0.37
Q4 2023$107.0m$18.2m0.17
Q1 2024$87.5m$11.4m0.13
Q2 2024$51.4m$12.8m0.25

Biggest buyers

Woodline Partners LP Added +820,585+820.6k
Paradigm Biocapital Advisors LP Added +393,848+393.8k
Logos Global Management LP New +390,000+390.0k
Pictet Asset Management Holding SA Added +366,528+366.5k
VANGUARD GROUP INC Added +363,944+363.9k
BlackRock Inc. Added +315,168+315.2k
SILVERARC CAPITAL MANAGEMENT, LLC Added +307,960+308.0k
Polar Capital Holdings Plc New +287,500+287.5k
TWO SIGMA INVESTMENTS, LP Added +248,913+248.9k
SAMLYN CAPITAL, LLC New +229,325+229.3k

Biggest sellers

Darwin Global Management, Ltd. Sold out -1,436,964-1.4m
LORD, ABBETT & CO. LLC Reduced -427,974-428.0k
Deep Track Capital, LP Sold out -274,512-274.5k
Rubric Capital Management LP Sold out -261,874-261.9k
PERCEPTIVE ADVISORS LLC Reduced -234,377-234.4k
STATE STREET CORP Reduced -188,066-188.1k
Invesco Ltd. Reduced -179,922-179.9k
MORGAN STANLEY Reduced -167,356-167.4k
BANK OF MONTREAL /CAN/ Reduced -116,423-116.4k
CITADEL ADVISORS LLC Reduced -104,100-104.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $28.2m371.2k shares
JANE STREET GROUP, LLC Added $13.9m182.8k shares
CITADEL ADVISORS LLC Reduced $4.7m61.7k shares
Caption Management, LLC Reduced $4.3m57.0k shares
SIMPLEX TRADING, LLC Added $204.0k2.7k shares
HAP Trading, LLC Unchanged $83.3k37.5k shares
GROUP ONE TRADING LLC Reduced $75.9k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.8m63.3k shares
Caption Management, LLC Unchanged $4.3m57.0k shares
JANE STREET GROUP, LLC Reduced $2.3m29.9k shares
CITADEL ADVISORS LLC Added $834.5k11.0k shares
GROUP ONE TRADING LLC Added $455.2k6.0k shares
SIMPLEX TRADING, LLC New $128.0k1.7k 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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Flynn James E (0.0%, 2026-07-17), FMR LLC (1.9%, 2026-07-08), VANGUARD GROUP INC (0.0%, 2026-03-27)

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DEERFIELD MANAGEMENT COMPANY, L.P. 25.23% of their portfolio New York, NY 19,991,02420.0m $1.5bn $1.5bn 25.23% Unchanged
2 FMR LLC 0.04% of their portfolio BOSTON, MA 8,868,0958.9m $672.7m $672.7m 0.04% Added +73.2k +73,238
3 Paradigm Biocapital Advisors LP 13.27% of their portfolio NEW YORK, NY 4,571,6784.6m $346.8m $346.8m 13.27% Added +393.8k +393,848
4 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 3,776,0163.8m $286.4m $286.4m 0.01% Added +363.9k +363,944
5 BlackRock Inc. 0.01% of their portfolio New York, NY 3,023,6263.0m $229.4m $229.4m 0.01% Added +315.2k +315,168
6 Bain Capital Life Sciences Investors, LLC 22.46% of their portfolio Boston, MA 2,697,2672.7m $204.6m $204.6m 22.46% Unchanged
7 PERCEPTIVE ADVISORS LLC 4.67% of their portfolio NEW YORK, NY 2,549,0772.5m $193.4m $193.4m 4.67% Reduced -234.4k -234,377
8 Fairmount Funds Management LLC 16.50% of their portfolio WEST CONSHOHOCKEN, PA 1,924,6261.9m $146.0m $146.0m 16.50% Unchanged
9 Commodore Capital LP 7.70% of their portfolio NEW YORK, NY 1,487,7561.5m $112.9m $112.9m 7.70% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,326,0401.3m $100.6m $100.6m 0.00% Reduced -188.1k -188,066
11 Boxer Capital, LLC 4.48% of their portfolio San Diego, CA 1,120,1921.1m $85.0m $85.0m 4.48% Unchanged
12 Woodline Partners LP 0.64% of their portfolio San Francisco, CA 886,077886.1k $67.2m $67.2m 0.64% Added +820.6k +820,585
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 782,181782.2k $59.3m $59.3m 0.01% Added +100.6k +100,585
14 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 754,138754.1k $57.2m $57.2m 0.01% Reduced -104.0k -104,023
15 Driehaus Capital Management LLC 0.51% of their portfolio Chicago, IL 696,607696.6k $52.8m $52.8m 0.51% Added +23.7k +23,730
16 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 611,435611.4k $46.4m $46.4m 0.01% Added +17.8k +17,833
17 FRED ALGER MANAGEMENT, LLC 0.21% of their portfolio NEW YORK, NY 578,130578.1k $43.9m $43.9m 0.21% Added +33.8k +33,758
18 Pictet Asset Management Holding SA 0.05% of their portfolio CAROUGE, V8 568,884568.9k $43.2m $43.2m 0.05% Added +366.5k +366,528
19 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 476,410476.4k $36.1m $36.1m 0.06% Reduced -428.0k -427,974
20 SILVERARC CAPITAL MANAGEMENT, LLC 8.72% of their portfolio BOSTON, MA 465,710465.7k $35.3m $35.3m 8.72% Added +308.0k +307,960
21 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 399,199399.2k $30.3m $30.3m 0.04% Reduced -46.2k -46,183
22 Logos Global Management LP 1.72% of their portfolio San Francisco, CA 390,000390.0k $29.6m $29.6m 1.72% New
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 386,657386.7k $29.3m $29.3m 0.00% Reduced -167.4k -167,356
24 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 348,089348.1k $26.4m $26.4m 0.01% Added +155.3k +155,276
25 NORGES BANK 0.00% of their portfolio OSLO, Q8 332,681332.7k $25.2m $25.2m 0.00% Added +18.4k +18,441
26 Polar Capital Holdings Plc 0.13% of their portfolio London, X0 287,500287.5k $21.8m $21.8m 0.13% New
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 285,383285.4k $21.6m $21.6m 0.00% Added +107.0k +107,014
28 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 282,662282.7k $21.4m $21.4m 0.05% Added +248.9k +248,913
29 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 265,291265.3k $20.1m $20.1m 0.00% Added +23.2k +23,247
30 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 264,710264.7k $20.1m $20.1m 0.00% Reduced -2.5k -2,455
31 Candriam S.C.A. 0.12% of their portfolio STRASSEN, N4 262,008262.0k $19.9m $19.9m 0.12% Reduced -22.0k -22,001
32 Rock Springs Capital Management LP 0.59% of their portfolio Baltimore, MD 255,989256.0k $19.4m $19.4m 0.59% Added +130.7k +130,687
33 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio JUPITER, FL 253,205253.2k $19.2m $19.2m 0.07% Added +193.6k +193,647
34 First Turn Management, LLC 3.11% of their portfolio DEL MAR, CA 252,276252.3k $19.1m $19.1m 3.11% Reduced -13.6k -13,621
35 SAMLYN CAPITAL, LLC 0.30% of their portfolio New York, NY 229,325229.3k $17.4m $17.4m 0.30% New
36 Affinity Asset Advisors, LLC 2.39% of their portfolio NEW YORK, NY 200,000200.0k $15.2m $15.2m 2.39% Added +50.0k +50,000
37 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 194,691194.7k $14.8m $14.8m 0.00% Added +654 +654
38 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 189,563189.6k $14.4m $14.4m 0.01% Reduced -38.6k -38,552
39 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 172,629172.6k $13.1m $13.1m 0.01% Reduced -3.6k -3,616
40 Soleus Capital Management, L.P. 1.15% of their portfolio GREENWICH, CT 171,788171.8k $13.0m $13.0m 1.15% Added +42.5k +42,500
41 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 161,200161.2k $12.2m $12.2m 0.03% New
42 EAGLE ASSET MANAGEMENT INC 0.06% of their portfolio ST PETERSBURG, FL 155,949155.9k $11.8m $11.8m 0.06% Reduced -27.7k -27,696
43 Ikarian Capital, LLC 3.59% of their portfolio DALLAS, TX 151,601151.6k $11.5m $11.5m 3.59% Added +50.0k +50,000
44 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 148,609148.6k $11.3m $11.3m 0.00% Added +50.5k +50,486
45 ArrowMark Colorado Holdings LLC 0.13% of their portfolio Denver, CO 139,891139.9k $10.6m $10.6m 0.13% Reduced -1.1k -1,068
46 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 137,883137.9k $10.5m $10.5m 0.00% Added +26.0k +25,966
47 Nicholas Investment Partners, LP 0.99% of their portfolio RANCHO SANTA FE, CA 125,495125.5k $9.5m $9.5m 0.99% Added +2.7k +2,705
48 RA CAPITAL MANAGEMENT, L.P. 0.12% of their portfolio BOSTON, MA 119,789119.8k $9.1m $9.1m 0.12% New
49 Man Group plc 0.02% of their portfolio LONDON, X0 118,496118.5k $9.0m $9.0m 0.02% New
50 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 106,070106.1k $8.0m $8.0m 0.00% Added +41.9k +41,862
51 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 94,24494.2k $7.1m $7.1m 0.00% Added +4.0k +3,983
52 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 87,69387.7k $6.7m $6.7m 0.01% New
53 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 84,08184.1k $6.4m $6.4m 0.01% Added +77.2k +77,229
54 Rhenman & Partners Asset Management AB 0.60% of their portfolio Stockholm, V7 82,75082.8k $6.3m $6.3m 0.60% Reduced -4.8k -4,750
55 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 82,27882.3k $6.2m $6.2m 0.01% Reduced -20.2k -20,153
56 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 77,75577.8k $6.3m $6.3m 0.00% Reduced -116.4k -116,423
57 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 77,09977.1k $5.8m $5.8m 0.02% Added +29.6k +29,571
58 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 67,36167.4k $5.1m $5.1m 0.01% Added +33.2k +33,219
59 Rafferty Asset Management, LLC 0.02% of their portfolio New York, NY 64,69264.7k $4.9m $4.9m 0.02% Reduced -44.0k -43,976
60 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 64,09064.1k $4.9m $4.9m 0.00% Reduced -5.7k -5,680
61 Opaleye Management Inc. 1.03% of their portfolio BOSTON, MA 59,30059.3k $4.5m $4.5m 1.03% New
62 Atom Investors LP 0.45% of their portfolio AUSTIN, TX 59,27759.3k $4.5m $4.5m 0.45% Added +41.1k +41,061
63 Swiss National Bank 0.00% of their portfolio ZURICH, V8 57,80057.8k $4.4m $4.4m 0.00% Added +6.9k +6,900
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 53,39553.4k $4.1m $4.1m 0.00% Reduced -30.6k -30,623
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 46,61146.6k $3.5m $3.5m 0.00% Added +7.4k +7,420
66 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 44,41444.4k $3.4m $3.4m 0.01% Added +25.2k +25,197
67 Parkman Healthcare Partners LLC 0.44% of their portfolio STAMFORD, CT 42,88842.9k $3.3m $3.3m 0.44% Reduced -4.9k -4,920
68 Jump Financial, LLC 0.06% of their portfolio Chicago, IL 41,86341.9k $3.2m $3.2m 0.06% Added +34.1k +34,063
69 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 39,49639.5k $3.0m $3.0m 0.09% Added +15.3k +15,259
70 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 39,12039.1k $3.0m $3.0m 0.00% Added +1.9k +1,950
71 Legal & General Group Plc 0.00% of their portfolio London, X0 32,24532.2k $2.4m $2.4m 0.00% Added +4.0k +3,993
72 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 31,20231.2k $2.4m $2.4m 0.01% Added +6.8k +6,849
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 28,87028.9k $2.2m $2.2m 0.00% Added +3.0k +2,953
74 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 28,70128.7k $2.2m $2.2m 0.00% Added +1.9k +1,876
75 HighVista Strategies LLC 0.80% of their portfolio BOSTON, MA 28,69828.7k $2.2m $2.2m 0.80% Reduced -31.3k -31,313
76 Renaissance Capital LLC 1.21% of their portfolio Stamford, CT 28,48128.5k $2.2m $2.2m 1.21% Added +11.2k +11,154
77 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 28,44128.4k $2.2m $2.2m 0.00% Reduced -2.6k -2,621
78 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 27,88727.9k $2.1m $2.1m 0.00% Reduced -2.8k -2,846
79 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 27,35327.4k $2.1m $2.1m 0.00% Reduced -4.1k -4,097
80 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 24,86224.9k $1.9m $1.9m 0.00% First filing
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 22,79522.8k $1.7m $1.7m 0.00% Reduced -4.5k -4,505
82 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 20,28620.3k $1.5m $1.5m 0.00% Added +3.6k +3,632
83 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 18,50618.5k $1.4m $1.4m 0.01% Added +4.5k +4,488
84 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 18,20018.2k $1.4m $1.4m 0.00% Added +5.3k +5,300
85 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 17,54317.5k $1.3m $1.3m 0.01% New
86 Corebridge Financial, Inc. 0.01% of their portfolio HOUSTON, TX 17,18317.2k $1.3m $1.3m 0.01% First filing
87 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 17,00017.0k $1.3m $1.3m 0.00% Unchanged
88 HARBOR CAPITAL ADVISORS, INC. 0.10% of their portfolio CHICAGO, IL 16,55916.6k $1.3m $1.3m 0.10% Reduced -2.4k -2,418
89 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 15,76215.8k $1.2m $1.2m 0.00% Added +2.2k +2,151
90 Edgestream Partners, L.P. 0.06% of their portfolio Princeton, NJ 15,69515.7k $1.2m $1.2m 0.06% New
91 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 15,23815.2k $1.2m $1.2m 0.00% Added +629 +629
92 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 15,22015.2k $1.2m $1.2m 0.00% Reduced -179.9k -179,922
93 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 13,36413.4k $1.0m $1.0m 0.00% Reduced -8.8k -8,783
94 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,06313.1k $991.0k $991.0k 0.00% Added +2.4k +2,436
95 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 12,78812.8k $970.1k $970.1k 0.01% Reduced -20.3k -20,254
96 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 12,71612.7k $963.4k $963.4k 0.00% Reduced -134 -134
97 Cinctive Capital Management LP 0.05% of their portfolio New York, NY 12,52912.5k $950.5k $950.5k 0.05% New
98 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 12,13212.1k $920.0k $920.0k 0.06% New
99 PROFUND ADVISORS LLC 0.03% of their portfolio BETHESDA, MD 12,12412.1k $919.7k $919.7k 0.03% Reduced -4.9k -4,915
100 Legato Capital Management LLC 0.12% of their portfolio San Francisco, CA 11,80711.8k $895.7k $895.7k 0.12% Unchanged