Vault-13

REATA PHARMACEUTICALS INC RETA

CL A · Common Stock · CUSIP 75615P103

169 institutional holders +9 vs Q3 2022
29,954,46830.0m shares reported held*
$1.1bnreported value*
32 new 53 added 44 reduced 25 sold out net bought ≈ $58.0m (+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. Holder counts are more reliable. Implied quarter-end price ≈ $37.99. Options: 12 managers hold calls ($22.6m notional), 12 hold puts ($32.3m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 160Q4 22: 169169Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022160
Q4 2022169

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $46.0mQ3 22 puts: $28.1mQ3 22P/C 0.61Q4 22 calls: $22.6mQ4 22 puts: $32.3mQ4 22P/C 1.43
Numbers
QuarterCallsPutsP/C
Q3 2022$46.0m$28.1m0.61
Q4 2022$22.6m$32.3m1.43

Biggest buyers

ADAGE CAPITAL PARTNERS GP, L.L.C. Added +1,065,829+1.1m
First Light Asset Management, LLC Added +1,007,468+1.0m
FRED ALGER MANAGEMENT, LLC Added +897,481+897.5k
DEUTSCHE BANK AG\ Added +472,726+472.7k
MORGAN STANLEY Added +420,490+420.5k
MARSHALL WACE, LLP Added +193,342+193.3k
Logos Global Management LP New +180,000+180.0k
Sofinnova Investments, Inc. Added +173,653+173.7k
D. E. Shaw & Co., Inc. Added +156,053+156.1k
EMERALD ADVISERS, LLC Added +141,520+141.5k

Biggest sellers

Point72 Asset Management, L.P. Sold out -1,810,647-1.8m
Camber Capital Management LP Sold out -500,000-500.0k
FRANKLIN RESOURCES INC Sold out -294,889-294.9k
Graham Capital Management, L.P. Reduced -293,095-293.1k
Ghost Tree Capital, LLC Reduced -225,000-225.0k
FMR LLC Reduced -131,805-131.8k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -101,933-101.9k
PERCEPTIVE ADVISORS LLC Sold out -100,000-100.0k
CITADEL ADVISORS LLC Reduced -87,179-87.2k
GOLDMAN SACHS GROUP INC Reduced -74,512-74.5k

Biggest calls

CITADEL ADVISORS LLC Added $7.5m197.0k shares
MILLENNIUM MANAGEMENT LLC New $5.7m150.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.4m142.4k shares
JANE STREET GROUP, LLC Reduced $1.2m31.1k shares
GROUP ONE TRADING LLC Reduced $1.1m27.9k shares
CSS LLC/IL New $528.1k13.9k shares
Deep Track Capital, LP New $478.7k12.6k shares
SIMPLEX TRADING, LLC Reduced $478.0k12.6k shares
Walleye Trading LLC Reduced $197.5k5.2k shares
Belvedere Trading LLC New $95.0k2.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.6m253.6k shares
Ikarian Capital, LLC Added $7.6m201.2k shares
CITADEL ADVISORS LLC Added $5.9m154.9k shares
JANE STREET GROUP, LLC Reduced $3.9m102.4k shares
Sio Capital Management, LLC New $2.5m67.0k shares
BOOTHBAY FUND MANAGEMENT, LLC New $1.4m37.0k shares
GROUP ONE TRADING LLC Reduced $490.1k12.9k shares
SIMPLEX TRADING, LLC Reduced $440.0k11.6k shares
Walleye Trading LLC Added $227.9k6.0k shares
Belvedere Trading LLC Reduced $114.0k3.0k 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CPMG Inc 27.63% of their portfolio DALLAS, TX 2,896,9012.9m $110.1m $110.1m 27.63% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,705,6562.7m $102.8m $102.8m 0.00% Added +52.4k +52,356
3 BlackRock Inc. 0.00% of their portfolio New York, NY 2,501,9582.5m $95.0m $95.0m 0.00% Added +6.6k +6,587
4 First Light Asset Management, LLC 7.27% of their portfolio Edina, MN 2,062,4532.1m $78.4m $78.4m 7.27% Added +1.0m +1,007,468
5 FRED ALGER MANAGEMENT, LLC 0.31% of their portfolio NEW YORK, NY 1,509,4041.5m $57.3m $57.3m 0.31% Added +897.5k +897,481
6 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,507,8821.5m $57.3m $57.3m 0.01% Reduced -64.4k -64,384
7 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 1,492,2381.5m $56.7m $56.7m 0.03% Added +472.7k +472,726
8 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.12% of their portfolio Boston, MA 1,305,8531.3m $49.6m $49.6m 0.12% Added +1.1m +1,065,829
9 Boxer Capital, LLC 2.46% of their portfolio San Diego, CA 1,230,0041.2m $46.7m $46.7m 2.46% Reduced -9.0k -8,996
10 Sofinnova Investments, Inc. 2.29% of their portfolio Menlo Park, CA 992,029992.0k $37.7m $37.7m 2.29% Added +173.7k +173,653
11 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 763,272763.3k $29.0m $29.0m 0.03% Added +141.2k +141,179
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 733,732733.7k $27.9m $27.9m 0.00% Added +420.5k +420,490
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 684,992685.0k $26.0m $26.0m 0.00% Reduced -66.3k -66,251
14 EMERALD ADVISERS, LLC 1.25% of their portfolio LEOLA, PA 679,772679.8k $25.8m $25.8m 1.25% Added +141.5k +141,520
15 EMERALD MUTUAL FUND ADVISERS TRUST 1.24% of their portfolio LEOLA, PA 526,445526.4k $20.0m $20.0m 1.24% Added +85.7k +85,727
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 526,116526.1k $20.0m $20.0m 0.00% Added +22.2k +22,196
17 Ghost Tree Capital, LLC 8.11% of their portfolio NEW YORK, NY 500,000500.0k $19.0m $19.0m 8.11% Reduced -225.0k -225,000
18 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 475,222475.2k $18.1m $18.1m 0.01% Added +135 +135
19 FMR LLC 0.00% of their portfolio BOSTON, MA 384,076384.1k $14.6m $14.6m 0.00% Reduced -131.8k -131,805
20 Blackstone Inc. 0.05% of their portfolio NEW YORK, NY 340,793340.8k $12.9m $12.9m 0.05% Unchanged
21 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.08% of their portfolio SAN FRANCISCO, CA 332,000332.0k $12.6m $12.6m 0.08% Not comparable
22 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 321,883321.9k $12.2m $12.2m 0.02% Added +156.1k +156,053
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 273,218273.2k $10.4m $10.4m 0.00% Reduced -74.5k -74,512
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 271,891271.9k $10.3m $10.3m 0.00% Added +13.5k +13,498
25 Schonfeld Strategic Advisors LLC 0.08% of their portfolio NEW YORK, NY 262,604262.6k $10.0m $10.0m 0.08% Reduced -30.9k -30,896
26 BAKER BROS. ADVISORS LP 0.05% of their portfolio NEW YORK, NY 223,976224.0k $8.5m $8.5m 0.05% Unchanged
27 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 217,847217.8k $8.3m $8.3m 0.05% Reduced -101.9k -101,933
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 206,020206.0k $7.8m $7.8m 0.00% Added +3.5k +3,461
29 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 205,342205.3k $7.8m $7.8m 0.02% Added +193.3k +193,342
30 NORGES BANK 0.00% of their portfolio OSLO, Q8 205,319205.3k $7.8m $7.8m 0.00% Added +6.6k +6,589
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 203,011203.0k $7.7m $7.7m 0.00% Added +32.5k +32,475
32 MPM BIOIMPACT LLC 1.91% of their portfolio BOSTON, MA 194,181194.2k $7.4m $7.4m 1.91% Added +15.1k +15,123
33 Logos Global Management LP 0.80% of their portfolio San Francisco, CA 180,000180.0k $6.8m $6.8m 0.80% New
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 167,416167.4k $6.4m $6.4m 0.00% Added +34.4k +34,356
35 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 145,444145.4k $5.5m $5.5m 0.02% Added +97.3k +97,329
36 Tri Locum Partners LP 2.38% of their portfolio NEW YORK, NY 141,466141.5k $5.4m $5.4m 2.38% New
37 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 113,339113.3k $4.3m $4.3m 0.00% Added +78.4k +78,439
38 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 107,115107.1k $4.1m $4.1m 0.00% Reduced -3.3k -3,318
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 101,952102.0k $3.9m $3.9m 0.00% Added +2.6k +2,573
40 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 95,72695.7k $3.6m $3.6m 0.02% Reduced -22.2k -22,247
41 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 90,10490.1k $3.4m $3.4m 0.00% Added +63.0k +62,997
42 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 89,28489.3k $3.4m $3.4m 0.02% Added +48.1k +48,065
43 Integral Health Asset Management, LLC 0.73% of their portfolio New York, NY 85,00085.0k $3.2m $3.2m 0.73% New
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 74,63674.6k $2.8m $2.8m 0.00% Reduced -87.2k -87,179
45 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 73,37473.4k $2.8m $2.8m 0.01% Added +36.2k +36,156
46 Ensign Peak Advisors, Inc 0.01% of their portfolio SALT LAKE CITY, UT 70,91570.9k $2.7m $2.7m 0.01% Reduced -7.2k -7,200
47 KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio FORT WORTH, TX 65,53465.5k $2.5m $2.5m 0.01% Unchanged
48 Swiss National Bank 0.00% of their portfolio ZURICH, V8 64,80064.8k $2.5m $2.5m 0.00% Added +1.5k +1,500
49 Duquesne Family Office LLC 0.11% of their portfolio New York, NY 58,99759.0k $2.2m $2.2m 0.11% Unchanged
50 Hennion & Walsh Asset Management, Inc. 0.14% of their portfolio Parsippany, NJ 58,07458.1k $2.2m $2.2m 0.14% Reduced -12.7k -12,710
51 Keel Point, LLC 0.34% of their portfolio HUNTSVILLE, AL 57,77957.8k $2.2m $2.2m 0.34% Unchanged
52 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 52,39552.4k $2.0m $2.0m 0.00% Reduced -3.8k -3,755
53 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 51,62551.6k $2.0m $2.0m 0.00% New
54 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 50,20050.2k $1.9m $1.9m 0.01% Added +25.2k +25,200
55 Tolleson Wealth Management, Inc. 0.49% of their portfolio DALLAS, TX 47,25047.2k $1.8m $1.8m 0.49% Unchanged
56 KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio ST LOUIS, MO 45,62645.6k $1.7m $1.7m 0.05% Reduced -27.4k -27,424
57 PDT Partners, LLC 0.27% of their portfolio New York, NY 43,14443.1k $1.6m $1.6m 0.27% Reduced -15.0k -14,990
58 Edgestream Partners, L.P. 0.17% of their portfolio Princeton, NJ 39,83839.8k $1.5m $1.5m 0.17% Reduced -41.9k -41,922
59 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 39,14239.1k $1.5m $1.5m 0.00% Added +9.5k +9,452
60 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 38,95239.0k $1.5m $1.5m 0.00% Added +840 +840
61 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 34,39834.4k $1.3m $1.3m 0.00% Added +413 +413
62 Crestline Management, L.P. 0.18% of their portfolio FORT WORTH, TX 32,43932.4k $1.2m $1.2m 0.18% Reduced -4.7k -4,669
63 LBJ Family Wealth Advisors, Ltd. 0.86% of their portfolio AUSTIN, TX 30,35930.4k $1.2m $1.2m 0.86% Unchanged
64 Fayez Sarofim & Co 0.00% of their portfolio Houston, TX 30,32930.3k $1.2m $1.2m 0.00% Unchanged
65 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 29,28329.3k $1.1m $1.1m 0.00% Reduced -32.4k -32,367
66 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 29,28229.3k $1.1m $1.1m 0.02% Reduced -11.0k -11,035
67 KRS Capital Management, LLC 1.46% of their portfolio Bloomfield, MI 28,14128.1k $1.1m $1.1m 1.46% Unchanged
68 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 26,94726.9k $1.0m $1.0m 0.00% Reduced -31.6k -31,552
69 Legal & General Group Plc 0.00% of their portfolio London, X0 24,07024.1k $914.4k $914.4k 0.00% Reduced -1.1k -1,134
70 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 23,80823.8k $904.5k $904.5k 0.00% Added +1.5k +1,540
71 MADDEN SECURITIES Corp 0.47% of their portfolio DALLAS, TX 23,70823.7k $900.7k $900.7k 0.47% Unchanged
72 Graham Capital Management, L.P. 0.03% of their portfolio ROWAYTON, CT 23,67423.7k $899.4k $899.4k 0.03% Reduced -293.1k -293,095
73 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 22,64022.6k $826.0k $826.0k 0.00% Unchanged
74 Jump Financial, LLC 0.04% of their portfolio Chicago, IL 21,50021.5k $816.8k $816.8k 0.04% New
75 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 21,42621.4k $814.3k $814.3k 0.00% New
76 TCTC Holdings, LLC 0.03% of their portfolio DALLAS, TX 20,98221.0k $797.1k $797.1k 0.03% Unchanged
77 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 20,00020.0k $759.8k $759.8k 0.01% New
78 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 19,83619.8k $753.6k $753.6k 0.00% Reduced -9 -9
79 GROUP ONE TRADING LLC 0.03% of their portfolio CHICAGO, IL 19,57419.6k $743.6k $743.6k 0.03% New
80 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 19,46019.5k $739.3k $739.3k 0.00% Unchanged
81 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 19,36919.4k $736.0k $736.0k 0.00% Added +323 +323
82 CAPITAL COUNSEL LLC/NY 0.04% of their portfolio NEW YORK, NY 17,00017.0k $645.8k $645.8k 0.04% Unchanged
83 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 16,14516.1k $613.3k $613.3k 0.02% New
84 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 15,87015.9k $602.9k $602.9k 0.00% First filing
85 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 15,75015.8k $598.0k $598.0k 0.03% Added +2.7k +2,700
86 CSS LLC/IL 0.04% of their portfolio CHICAGO, IL 15,69315.7k $596.2k $596.2k 0.04% New
87 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 15,25015.2k $579.3k $579.3k 0.00% Unchanged
88 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 15,05115.1k $571.8k $571.8k 0.00% Added +6.6k +6,628
89 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 14,97115.0k $568.7k $568.7k 0.00% Reduced -620 -620
90 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 14,32714.3k $544.0k $544.0k 0.01% Reduced -19.3k -19,267
91 WOODSTOCK CORP 0.07% of their portfolio BOSTON, MA 14,28514.3k $542.7k $542.7k 0.07% Reduced -400 -400
92 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 13,07913.1k $496.9k $496.9k 0.00% Reduced -47 -47
93 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 12,92012.9k $490.8k $490.8k 0.00% Added +984 +984
94 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 12,69912.7k $482.4k $482.4k 0.00% Added +15 +15
95 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 11,56911.6k $439.5k $439.5k 0.03% New
96 BANK OF HAWAII 0.03% of their portfolio HONOLULU, HI 11,26411.3k $427.9k $427.9k 0.03% New
97 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 10,87910.9k $413.3k $413.3k 0.00% Reduced -262 -262
98 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,75610.8k $408.6k $408.6k 0.00% Added +587 +587
99 Quantbot Technologies LP 0.03% of their portfolio NEW YORK, NY 9,7109.7k $368.9k $368.9k 0.03% Reduced -4.2k -4,219
100 HighMark Wealth Management LLC 0.28% of their portfolio ST. PAUL, MN 9,6819.7k $367.8k $367.8k 0.28% New