Vault-13

REVANCE THERAPEUTICS INC RVNC

COM · Common Stock · CUSIP 761330109 · ISIN US7613301099

194 institutional holders +6 vs Q3 2023
77,909,67377.9m shares reported held*
$684.8mreported value*
31 new 74 added 50 reduced 33 sold out net bought ≈ $808.6k (+117.0k 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 ($167.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.79. Options: 21 managers hold calls ($18.0m notional), 15 hold puts ($5.3m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 182Q4 22: 193Q1 23: 218Q2 23: 216Q3 23: 188Q4 23: 194194Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022182
Q4 2022193
Q1 2023218
Q2 2023216
Q3 2023188
Q4 2023194

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 112 bought or addedQ4 22: 76 cut or sold outQ4 22Q1 23: 112 bought or addedQ1 23: 98 cut or sold outQ1 23Q2 23: 123 bought or addedQ2 23: 100 cut or sold outQ2 23Q3 23: 104 bought or addedQ3 23: 95 cut or sold outQ3 23Q4 23: 105 bought or addedQ4 23: 83 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211276
Q1 202311298
Q2 2023123100
Q3 202310495
Q4 202310583

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ1 23 calls: $57.2mQ1 23 puts: $22.6mQ1 23P/C 0.40Q2 23 calls: $36.5mQ2 23 puts: $20.2mQ2 23P/C 0.56Q3 23 calls: $15.9mQ3 23 puts: $12.5mQ3 23P/C 0.78Q4 23 calls: $18.0mQ4 23 puts: $5.3mQ4 23P/C 0.29
Numbers
QuarterCallsPutsP/C
Q1 2023$57.2m$22.6m0.40
Q2 2023$36.5m$20.2m0.56
Q3 2023$15.9m$12.5m0.78
Q4 2023$18.0m$5.3m0.29

Biggest buyers

JPMORGAN CHASE & CO Added +4,656,641+4.7m
MORGAN STANLEY Added +1,156,303+1.2m
CIBC Asset Management Inc Added +820,587+820.6k
FRANKLIN RESOURCES INC Added +711,978+712.0k
BlackRock Inc. Added +696,651+696.7k
Walleye Capital LLC Added +622,022+622.0k
Qube Research & Technologies Ltd Added +389,624+389.6k
Integral Health Asset Management, LLC Added +350,000+350.0k
SCHRODER INVESTMENT MANAGEMENT GROUP New +288,726+288.7k
VANGUARD GROUP INC Added +278,166+278.2k

Biggest sellers

FMR LLC Reduced -1,892,275-1.9m
Point72 Asset Management, L.P. Sold out -1,363,168-1.4m
Invesco Ltd. Reduced -1,299,818-1.3m
Polar Capital Holdings Plc Reduced -991,072-991.1k
DEERFIELD MANAGEMENT COMPANY, L.P. Sold out -870,000-870.0k
MARSHALL WACE, LLP Sold out -713,638-713.6k
PRINCIPAL FINANCIAL GROUP INC Reduced -693,311-693.3k
WELLINGTON MANAGEMENT GROUP LLP Reduced -632,735-632.7k
D. E. Shaw & Co., Inc. Reduced -370,266-370.3k
GOLDMAN SACHS GROUP INC Reduced -361,016-361.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.1m348.7k shares
Caption Management, LLC Added $2.9m328.6k shares
Centiva Capital, LP Added $2.2m250.0k shares
CITIGROUP INC Added $2.0m227.1k shares
SIMPLEX TRADING, LLC Added $1.6m179.4k shares
CITADEL ADVISORS LLC Added $1.5m167.7k shares
GROUP ONE TRADING LLC Added $1.4m157.2k shares
JANE STREET GROUP, LLC Reduced $1.4m154.1k shares
Hunting Hill Global Capital, LLC Added $400.8k45.6k shares
CAPITAL FUND MANAGEMENT S.A. Added $396.4k45.1k shares

Biggest puts

GROUP ONE TRADING LLC Reduced $1.8m208.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m114.2k shares
CITADEL ADVISORS LLC Reduced $628.5k71.5k shares
SIMPLEX TRADING, LLC Added $506.0k57.6k shares
Walleye Capital LLC Added $356.0k40.5k shares
CITIGROUP INC Unchanged $246.1k28.0k shares
JANE STREET GROUP, LLC Reduced $205.7k23.4k shares
Jefferies Financial Group Inc. Unchanged $202.2k23.0k shares
Walleye Trading LLC Added $173.2k19.7k shares
BANK OF MONTREAL /CAN/ Unchanged $50.9k5.7k 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
Teoxane SA 13D · may seek influence no change · filed 2025-01-30
Stated purposeOn December 9, 2024, the Issuer announced its entry into an Amended and Restated Agreement and Plan of Merger (as amended by Amendment, dated December 11, 2024, the "A&R Merger Agreement") with Crown Laboratories, Inc. and Reb Merger Sub, Inc. (collectively, "Crown"), pursuant to which Crown commenced a tender offer (the "Tender Offer") on December 12, 2024 to purchase all of the outstanding shares of Common Stock at a price of $3.10 per share (such price, the "Offer Price"). On January 6, 2025, the Reporting Person submitted a proposal (the "Proposal") to the chairman of the board of directors and the chief executive officer of the Issuer proposing a transaction (the "Proposed Transaction") pursuant to which the Reporting Person would purchase all of the outstanding shares of Common Stoc… Full filing
 6.2% no change 6.6m 2025-01-30

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital World Investors 0.02% of their portfolio LOS ANGELES, CA 11,939,07611.9m $104.9m $104.9m 0.02% Reduced -21.7k -21,744
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,286,8389.3m $81.6m $81.6m 0.00% Added +4.7m +4,656,641
3 BlackRock Inc. 0.00% of their portfolio New York, NY 7,453,3717.5m $65.5m $65.5m 0.00% Added +696.7k +696,651
4 Palo Alto Investors LP 4.15% of their portfolio PALO ALTO, CA 5,237,2845.2m $46.0m $46.0m 4.15% Added +8.7k +8,675
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,069,6255.1m $44.6m $44.6m 0.00% Added +278.2k +278,166
6 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 4,749,5394.7m $41.7m $41.7m 0.02% Added +712.0k +711,978
7 Polar Capital Holdings Plc 0.17% of their portfolio London, X0 3,169,2393.2m $27.9m $27.9m 0.17% Reduced -991.1k -991,072
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,521,6932.5m $22.2m $22.2m 0.00% Added +188.6k +188,585
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,924,4211.9m $16.9m $16.9m 0.00% Added +144.1k +144,144
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,758,4981.8m $15.5m $15.5m 0.00% Added +1.2m +1,156,303
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,602,6221.6m $14.1m $14.1m 0.00% Reduced -1.3m -1,299,818
12 Rubric Capital Management LP 0.48% of their portfolio NEW YORK, NY 1,461,4741.5m $12.8m $12.8m 0.48% Reduced -138.5k -138,526
13 CIBC Asset Management Inc 0.04% of their portfolio TORONTO, Z4 1,147,2941.1m $10.1m $10.1m 0.04% Added +820.6k +820,587
14 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 1,032,3521.0m $9.1m $9.1m 0.01% Added +34.7k +34,736
15 BAMCO INC /NY/ 0.02% of their portfolio NEW YORK, NY 1,023,6631.0m $9.0m $9.0m 0.02% Added +3.4k +3,429
16 Walleye Capital LLC 0.11% of their portfolio NEW YORK, NY 927,814927.8k $8.2m $8.2m 0.11% Added +622.0k +622,022
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 887,536887.5k $7.8m $7.8m 0.00% Added +49.2k +49,180
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 783,628783.6k $6.9m $6.9m 0.00% Reduced -361.0k -361,016
19 RICE HALL JAMES & ASSOCIATES, LLC 0.39% of their portfolio San Diego, CA 758,048758.0k $6.7m $6.7m 0.39% Added +74.1k +74,111
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 677,364677.4k $6.0m $6.0m 0.00% Added +13.8k +13,826
21 EULAV Asset Management 0.17% of their portfolio SARASOTA, FL 630,000630.0k $5.5m $5.5m 0.17% Added +30.0k +30,000
22 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 533,196533.2k $4.7m $4.7m 0.00% Reduced -70.3k -70,301
23 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 503,874503.9k $4.4m $4.4m 0.01% Added +389.6k +389,624
24 Rhenman & Partners Asset Management AB 0.42% of their portfolio Stockholm, V7 475,872475.9k $4.2m $4.2m 0.42% Added +114.2k +114,193
25 Essex Woodlands Management, Inc. 0.99% of their portfolio THE WOODLANDS, TX 457,085457.1k $4.0m $4.0m 0.99% Unchanged
26 Integral Health Asset Management, LLC 0.57% of their portfolio New York, NY 450,000450.0k $4.0m $4.0m 0.57% Added +350.0k +350,000
27 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 449,685449.7k $4.0m $4.0m 0.00% Reduced -632.7k -632,735
28 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 411,750411.8k $3.6m $3.6m 0.01% Reduced -370.3k -370,266
29 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 406,421406.4k $3.6m $3.6m 0.01% Added +116.9k +116,920
30 Ghost Tree Capital, LLC 1.90% of their portfolio NEW YORK, NY 375,000375.0k $3.3m $3.3m 1.90% Added +25.0k +25,000
31 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 362,760362.8k $3.2m $3.2m 0.01% Reduced -107.1k -107,089
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 357,556357.6k $3.1m $3.1m 0.00% Reduced -176.8k -176,766
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 353,662353.7k $3.1m $3.1m 0.00% Added +227.3k +227,280
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 335,185335.2k $2.9m $2.9m 0.00% Reduced -50.5k -50,476
35 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 305,447305.4k $2.7m $2.7m 0.03% Added +85.2k +85,234
36 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 292,949292.9k $2.6m $2.6m 0.01% Reduced -33.4k -33,357
37 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 288,726288.7k $2.5m $2.5m 0.00% New
38 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 271,852271.9k $2.4m $2.4m 0.01% Reduced -272.6k -272,595
39 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 269,718269.7k $2.4m $2.4m 0.00% Reduced -693.3k -693,311
40 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 266,039266.0k $2.3m $2.3m 0.02% Added +64.4k +64,405
41 DCF Advisers, LLC 1.53% of their portfolio MOUNT PLEASANT, SC 256,872256.9k $2.3m $2.3m 1.53% Added +230.4k +230,372
42 GREAT LAKES ADVISORS, LLC 0.02% of their portfolio CHICAGO, IL 233,958234.0k $2.1m $2.1m 0.02% Added +11.9k +11,881
43 AlphaCentric Advisors LLC 1.30% of their portfolio SAN JUAN, PR 220,000220.0k $1.9m $1.9m 1.30% Added +30.0k +30,000
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 208,673208.7k $1.8m $1.8m 0.00% Added +87.8k +87,764
45 Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio Bala Cynwyd, PA 203,192203.2k $1.8m $1.8m 0.03% First filing
46 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 198,846198.8k $1.7m $1.7m 0.01% Reduced -215.2k -215,209
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 194,153194.2k $1.7m $1.7m 0.00% Added +76.1k +76,108
48 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 178,103178.1k $1.6m $1.6m 0.00% Added +52.3k +52,284
49 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 172,007172.0k $1.5m $1.5m 0.00% Added +31.4k +31,392
50 Swiss National Bank 0.00% of their portfolio ZURICH, V8 164,650164.7k $1.4m $1.4m 0.00% Reduced -20.1k -20,100
51 NORGES BANK 0.00% of their portfolio OSLO, Q8 161,000161.0k $1.4m $1.4m 0.00% Unchanged
52 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 157,445157.4k $1.4m $1.4m 0.04% Added +73.3k +73,327
53 MOORE CAPITAL MANAGEMENT, LP 0.03% of their portfolio NEW YORK, NY 150,000150.0k $1.3m $1.3m 0.03% Reduced -10.0k -10,000
54 ALGERT GLOBAL LLC 0.05% of their portfolio SAN FRANCISCO, CA 144,040144.0k $1.3m $1.3m 0.05% New
55 ESSEX INVESTMENT MANAGEMENT CO LLC 0.21% of their portfolio BOSTON, MA 122,419122.4k $1.1m $1.1m 0.21% Added +38.7k +38,671
56 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 119,457119.5k $1.1m $1.1m 0.00% Added +1.7k +1,678
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 119,361119.4k $1.0m $1.0m 0.00% Added +8.7k +8,686
58 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.09% of their portfolio Englewood, NJ 111,194111.2k $977.4k $977.4k 0.09% New
59 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 111,144111.1k $977.0k $977.0k 0.00% Added +12.0k +12,015
60 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 109,667109.7k $964.0k $964.0k 0.03% Added +20.9k +20,867
61 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 107,418107.4k $944.2k $944.2k 0.00% Added +29.4k +29,386
62 Nebula Research & Development LLC 0.28% of their portfolio New York, NY 105,295105.3k $925.5k $925.5k 0.28% New
63 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 91,28891.3k $802.4k $802.4k 0.00% Added +42.1k +42,063
64 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 91,00091.0k $799.9k $799.9k 0.00% Unchanged
65 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 89,32889.3k $786.0k $786.0k 0.00% Added +17.1k +17,065
66 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 88,82588.8k $780.8k $780.8k 0.00% Reduced -3.9k -3,850
67 SIERRA SUMMIT ADVISORS LLC 0.22% of their portfolio INCLINE VILLAGE, NV 86,42186.4k $759.6k $759.6k 0.22% First filing
68 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 86,10086.1k $761.0k $761.0k 0.00% Unchanged
69 Legal & General Group Plc 0.00% of their portfolio London, X0 83,46383.5k $733.6k $733.6k 0.00% Added +163 +163
70 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 82,17782.2k $722.3k $722.3k 0.00% Added +43.4k +43,389
71 CM Management, LLC 0.53% of their portfolio GULF BREEZE, FL 75,00075.0k $659.2k $659.2k 0.53% New
72 TWINBEECH CAPITAL LP 0.01% of their portfolio PURCHASE, NY 74,43874.4k $654.3k $654.3k 0.01% New
73 Point72 Middle East FZE 0.05% of their portfolio DUBAI, C0 74,33074.3k $653.4k $653.4k 0.05% Added +72.2k +72,245
74 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 65,75965.8k $578.0k $578.0k 0.01% New
75 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 64,78564.8k $569.4k $569.4k 0.00% Reduced -8.8k -8,824
76 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 62,59862.6k $550.0k $550.0k 0.01% New
77 Legato Capital Management LLC 0.07% of their portfolio San Francisco, CA 57,65257.7k $506.8k $506.8k 0.07% Added +18.9k +18,903
78 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 57,18557.2k $502.7k $502.7k 0.00% Reduced -89.8k -89,797
79 HARBOR CAPITAL ADVISORS, INC. 0.09% of their portfolio CHICAGO, IL 55,42255.4k $487.2k $487.2k 0.09% Added +14.4k +14,423
80 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 53,86553.9k $474.0k $474.0k 0.00% Added +3.5k +3,487
81 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 50,35050.4k $442.6k $442.6k 0.00% Added +13.3k +13,350
82 Hunting Hill Global Capital, LLC 0.33% of their portfolio New York, NY 49,64549.6k $436.4k $436.4k 0.33% Reduced -14.1k -14,116
83 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 47,88647.9k $420.9k $420.9k 0.00% Reduced -94.4k -94,416
84 OCCUDO QUANTITATIVE STRATEGIES LP 0.05% of their portfolio FORT LAUDERDALE, FL 45,32445.3k $398.4k $398.4k 0.05% New
85 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 44,30244.3k $389.4k $389.4k 0.00% Reduced -740 -740
86 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 43,98044.0k $386.6k $386.6k 0.00% Unchanged
87 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 43,51543.5k $382.5k $382.5k 0.04% Added +16.9k +16,923
88 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 43,49743.5k $382.3k $382.3k 0.00% Added +1.9k +1,863
89 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 42,77242.8k $376.0k $376.0k 0.01% Added +30.2k +30,190
90 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 42,74742.7k $375.7k $375.7k 0.01% New
91 Public Sector Pension Investment Board 0.00% of their portfolio MONTREAL, A8 42,00042.0k $369.2k $369.2k 0.00% Reduced -134.0k -134,000
92 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 40,22040.2k $353.5k $353.5k 0.00% Reduced -1.4k -1,352
93 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 39,19739.2k $344.5k $344.5k 0.00% Added +16.4k +16,403
94 PROFUND ADVISORS LLC 0.01% of their portfolio BETHESDA, MD 38,59238.6k $339.2k $339.2k 0.01% Added +3.6k +3,631
95 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 38,53938.5k $338.9k $338.9k 0.00% Reduced -60 -60
96 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 38,27938.3k $336.5k $336.5k 0.00% Added +2.9k +2,946
97 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 38,02338.0k $334.2k $334.2k 0.00% Added +126 +126
98 NinePointTwo Capital LLC 0.13% of their portfolio LOS ANGELES, CA 37,49637.5k $329.0k $329.0k 0.13% New
99 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 35,54035.5k $312.4k $312.4k 0.00% Added +1.9k +1,857
100 DNB Asset Management AS 0.00% of their portfolio Oslo, Q8 34,65234.7k $304.6k $304.6k 0.00% Added +10.7k +10,706