REATA PHARMACEUTICALS INC RETA
CL A · Common Stock · CUSIP 75615P103
215
institutional holders
+10 vs Q1 2023
31.5m
shares reported held*
$3.2bnreported value*
40 new
73 added
62 reduced
33 sold out
net bought ≈ $303.1m (+3.0m 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 ($401.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $101.95. Options: 18 managers hold calls ($92.8m notional), 16 hold puts ($73.6m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 160 |
| Q4 2022 | 169 |
| Q1 2023 | 205 |
| Q2 2023 | 215 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 85 | 69 |
| Q1 2023 | 109 | 91 |
| Q2 2023 | 113 | 95 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $46.0m | $28.1m | 0.61 |
| Q4 2022 | $22.6m | $32.3m | 1.43 |
| Q1 2023 | $221.5m | $110.0m | 0.50 |
| Q2 2023 | $92.8m | $73.6m | 0.79 |
Biggest buyers
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +1.3m |
| JANUS HENDERSON GROUP PLC | Added | +827.8k |
| CITADEL ADVISORS LLC | Added | +539.3k |
| Holocene Advisors, LP | Added | +363.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +342.2k |
| TimesSquare Capital Management, LLC | Added | +341.2k |
| BlackRock Inc. | Added | +329.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +288.4k |
| FRED ALGER MANAGEMENT, LLC | Added | +232.5k |
| Woodline Partners LP | New | +205.1k |
Biggest sellers
| PERCEPTIVE ADVISORS LLC | Reduced | -1.5m |
| Deep Track Capital, LP | Sold out | -729.0k |
| Assenagon Asset Management S.A. | Sold out | -348.0k |
| MARSHALL WACE, LLP | Reduced | -330.4k |
| Sofinnova Investments, Inc. | Reduced | -305.2k |
| First Light Asset Management, LLC | Reduced | -154.7k |
| BRAUN STACEY ASSOCIATES INC | Reduced | -146.2k |
| BANK OF AMERICA CORP /DE/ | Reduced | -133.8k |
| D. E. Shaw & Co., Inc. | Reduced | -87.3k |
| MORGAN STANLEY | Reduced | -80.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $20.5m201.4k shares |
| GROUP ONE TRADING LLC | Reduced | $13.3m130.3k shares |
| CITADEL ADVISORS LLC | Reduced | $11.4m112.0k shares |
| Ikarian Capital, LLC | Added | $11.2m110.0k shares |
| JANE STREET GROUP, LLC | Reduced | $9.0m88.0k shares |
| Caption Management, LLC | Reduced | $8.3m81.4k shares |
| WOLVERINE TRADING, LLC | Added | $6.9m68.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m31.3k shares |
| Walleye Trading LLC | Reduced | $2.9m28.2k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $2.3m22.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $32.9m322.9k shares |
| CITADEL ADVISORS LLC | Reduced | $9.4m92.2k shares |
| Caption Management, LLC | Reduced | $6.8m67.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $3.6m35.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.4m33.8k shares |
| WOLVERINE TRADING, LLC | Added | $3.3m32.9k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $2.9m284 shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $2.5m24.9k shares |
| GROUP ONE TRADING LLC | Reduced | $2.2m21.6k shares |
| JANE STREET GROUP, LLC | Reduced | $2.1m20.9k 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.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 17.0k $1.7m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 16.4k $1.7m | Added +8.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 16.1k $1.6m | Reduced -4.3k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 15.8k $1.6m | Reduced -941 |
| KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio | 15.2k $1.6m | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 15.1k $1.5m | Added +620 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 15.0k $1.5m | Added +124 |
| WOODSTOCK CORP 0.17% of their portfolio | 14.3k $1.5m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 14.2k $1.4m | Added +11.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 13.8k $1.4m | Added +413 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 12.8k $1.3m | Reduced -45 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.8k $1.3m | Added +5.9k |
| Biondo Investment Advisors, LLC 0.24% of their portfolio | 12.8k $1.3m | Added +9.2k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 12.5k $1.3m | New |
| SILVERARC CAPITAL MANAGEMENT, LLC 0.43% of their portfolio | 12.5k $1.3m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 11.5k $1.2m | Reduced -3.0k |
| Integrated Wealth Concepts LLC 0.02% of their portfolio | 11.2k $1.1m | Reduced -123 |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 10.6k $1.1m | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 10.1k $1.0m | Added +7.4k |
| MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio | 10.0k $1.0m | Reduced -48.3k |
| US BANCORP \DE\ 0.00% of their portfolio | 8.9k $904.9k | Reduced -771 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 8.1k $827.6k | Reduced -590 |
| GTS SECURITIES LLC 0.03% of their portfolio | 7.8k $798.7k | First filing |
| Allianz Asset Management GmbH 0.00% of their portfolio | 7.3k $744.3k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 7.2k $734.1k | Reduced -28.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 7.2k $731.7k | Added +3.0k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 7.2k $729.0k | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 7.1k $718.9k | Reduced -941 |
| PROFUND ADVISORS LLC 0.04% of their portfolio | 7.0k $714.4k | Added +2.4k |
| Solidarity Wealth, LLC 0.29% of their portfolio | 6.9k $700.1k | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.01% of their portfolio | 6.8k $689.5k | Reduced -1.1k |
| TD Asset Management Inc 0.00% of their portfolio | 6.6k $672.9k | Reduced -2.3k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 6.5k $666.2k | First filing |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 6.5k $666.0k | Reduced -1.8k |
| GLENMEDE TRUST CO NA 0.00% of their portfolio | 6.5k $591.2k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 6.4k $652.2k | Reduced -100 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 6.1k $619.4k | Reduced -87.3k |
| COMMERCE BANK 0.00% of their portfolio | 6.0k $611.8k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.0k $607.4k | Reduced -232 |
| ProShare Advisors LLC 0.00% of their portfolio | 5.9k $597.0k | Added +376 |
| Verition Fund Management LLC 0.01% of their portfolio | 5.8k $588.4k | Unchanged |
| Handelsbanken Fonder AB 0.00% of their portfolio | 5.7k $584.0k | Reduced -2.5k |
| Ikarian Capital, LLC 0.19% of their portfolio | 5.5k $557.9k | Reduced -75.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.4k $551.1k | Reduced -2.9k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.01% of their portfolio | 5.0k $509.8k | Reduced -250 |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 4.8k $494.4k | New |
| PDT Partners, LLC 0.07% of their portfolio | 4.8k $490.0k | Reduced -38.3k |
| SG Americas Securities, LLC 0.00% of their portfolio | 4.8k $485.0k | Reduced -3.8k |
| Belvedere Trading LLC 0.14% of their portfolio | 4.2k $427.5k | Reduced -558 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 4.2k $423.7k | Added +60 |
| Blueshift Asset Management, LLC 0.16% of their portfolio | 4.0k $408.6k | New |
| Sigma Planning Corp 0.01% of their portfolio | 3.8k $384.9k | Reduced -2.5k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 3.8k $384.1k | New |
| FORA Capital, LLC 0.05% of their portfolio | 3.7k $378.1k | New |
| Edgestream Partners, L.P. 0.03% of their portfolio | 3.7k $374.3k | Reduced -8.7k |
| JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio | 3.5k $353.7k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.5k $353.0k | Added +1.5k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 3.4k $349.1k | New |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 3.4k $348.0k | Unchanged |
| VIRTUS ADVISERS, LLC 0.20% of their portfolio | 3.4k $342.8k | Added +488 |
| Nan Fung Group Holdings Ltd 0.22% of their portfolio | 3.3k $336.5k | New |
| TRANSCEND CAPITAL ADVISORS, LLC 0.03% of their portfolio | 3.0k $305.9k | Unchanged |
| NinePointTwo Capital LLC 0.11% of their portfolio | 2.9k $292.0k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 2.8k $281.0k | Reduced -997 |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 2.7k $273.5k | Added +5 |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 2.7k $273.5k | Added +5 |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 2.6k $269.8k | Reduced -558 |
| Headlands Technologies LLC 0.08% of their portfolio | 2.6k $265.3k | New |
| PENN DAVIS MCFARLAND INC 0.05% of their portfolio | 2.6k $261.5k | Unchanged |
| WESTWOOD HOLDINGS GROUP INC 0.00% of their portfolio | 2.5k $252.0k | Unchanged |
| Ameritas Investment Partners, Inc. 0.01% of their portfolio | 2.4k $240.6k | Added +207 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 2.2k $225.1k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 2.2k $223.0k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 2.2k $222.0k | Added +888 |
| SECURITY NATIONAL BANK OF SO DAK 0.14% of their portfolio | 2.0k $201.4k | First filing |
| Walleye Capital LLC 0.00% of their portfolio | 1.9k $196.1k | Reduced -12.2k |
| Cutler Group LLC / CA 0.04% of their portfolio | 1.8k $183.0k | Added +800 |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 1.6k $166.5k | Added +873 |
| Lee Financial Co 0.03% of their portfolio | 1.6k $165.0k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.01% of their portfolio | 1.6k $159.2k | Added +66 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 736 $75.0k | Reduced -5 |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 721 $73.5k | Reduced -532 |
| IFP Advisors, Inc 0.00% of their portfolio | 600 $41.2k | Added +300 |
| STRS OHIO 0.00% of their portfolio | 500 $50.0k | New |
| China Universal Asset Management Co., Ltd. 0.01% of their portfolio | 433 $44.1k | Reduced -2 |
| Balefire, LLC 0.02% of their portfolio | 403 $41.1k | New |
| First Horizon Advisors, Inc. 0.00% of their portfolio | 272 $27.7k | Unchanged |
| MEEDER ASSET MANAGEMENT INC 0.00% of their portfolio | 267 $27.2k | New |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 175 $17.8k | Reduced -93 |
| Lindbrook Capital, LLC 0.00% of their portfolio | 144 $14.7k | Reduced -1 |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 126 $13.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 109 $11.1k | Unchanged |
| Financial Gravity Asset Management, Inc. 0.00% of their portfolio | 102 $50 | Added +11 |
| Worth Asset Management, LLC 0.01% of their portfolio | 100 $10.2k | Reduced -175 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 99 $10.1k | Added +6 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 78 $8.0k | Reduced -46 |
| TORONTO DOMINION BANK 0.00% of their portfolio | 62 $6.0k | New |
| ADIRONDACK TRUST CO 0.00% of their portfolio | 55 $9.1k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 36 $4.0k | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 33 $3.4k | Unchanged |