Vault-13

REVANCE THERAPEUTICS INC RVNC

COM · Common Stock · CUSIP 761330109 · ISIN US7613301099

173 institutional holders -15 vs Q1 2024
84,344,20684.3m shares reported held*
$216.8mreported value*
24 new 63 added 42 reduced 41 sold out net sold ≈ $11.3m (-4.4m 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 ($8.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.57. Options: 13 managers hold calls ($1.6m notional), 9 hold puts ($774.9k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 182Q4 22: 193Q1 23: 218Q2 23: 216Q3 23: 188Q4 23: 194Q1 24: 188Q2 24: 173173Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022182
Q4 2022193
Q1 2023218
Q2 2023216
Q3 2023188
Q4 2023194
Q1 2024188
Q2 2024173

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 outQ2 23: 123 bought or addedQ2 23: 100 cut or sold outQ2 23Q3 23: 104 bought or addedQ3 23: 95 cut or sold outQ4 23: 105 bought or addedQ4 23: 83 cut or sold outQ4 23Q1 24: 99 bought or addedQ1 24: 94 cut or sold outQ2 24: 87 bought or addedQ2 24: 83 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202211276
Q1 202311298
Q2 2023123100
Q3 202310495
Q4 202310583
Q1 20249994
Q2 20248783

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 23 calls: $15.9mQ3 23 puts: $12.5mQ3 23P/C 0.78Q4 23 calls: $18.0mQ4 23 puts: $5.3mQ4 23P/C 0.29Q1 24 calls: $5.0mQ1 24 puts: $2.9mQ1 24P/C 0.59Q2 24 calls: $1.6mQ2 24 puts: $774.9kQ2 24P/C 0.49
Numbers
QuarterCallsPutsP/C
Q3 2023$15.9m$12.5m0.78
Q4 2023$18.0m$5.3m0.29
Q1 2024$5.0m$2.9m0.59
Q2 2024$1.6m$774.9k0.49

Biggest buyers

BlackRock Inc. Added +1,252,838+1.3m
Stonepine Capital Management, LLC Added +823,658+823.7k
Nuveen Asset Management, LLC Added +704,020+704.0k
FEDERATED HERMES, INC. Added +672,803+672.8k
MILLENNIUM MANAGEMENT LLC Added +604,547+604.5k
VANGUARD GROUP INC Added +596,053+596.1k
Integral Health Asset Management, LLC New +500,000+500.0k
ExodusPoint Capital Management, LP New +441,584+441.6k
Graham Capital Management, L.P. New +417,161+417.2k
GOLDMAN SACHS GROUP INC Added +390,169+390.2k

Biggest sellers

BARCLAYS PLC Reduced -2,982,002-3.0m
MORGAN STANLEY Reduced -2,634,617-2.6m
CIBC Asset Management Inc Sold out -1,740,518-1.7m
MONTANOVA CAPITAL, LLC Reduced -1,541,575-1.5m
Opaleye Management Inc. Sold out -785,000-785.0k
MARSHALL WACE, LLP Sold out -781,223-781.2k
Sio Capital Management, LLC Sold out -468,871-468.9k
JPMORGAN CHASE & CO Reduced -416,524-416.5k
BANK OF AMERICA CORP /DE/ Reduced -324,725-324.7k
Polar Capital Holdings Plc Reduced -317,680-317.7k

Biggest calls

GROUP ONE TRADING LLC Reduced $358.0k139.3k shares
SIMPLEX TRADING, LLC Reduced $261.0k101.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $197.6k76.9k shares
CITADEL ADVISORS LLC Reduced $151.4k58.9k shares
WOLVERINE TRADING, LLC Added $126.7k49.3k shares
Caption Management, LLC Unchanged $126.2k49.1k shares
Walleye Capital LLC Reduced $126.2k49.1k shares
D. E. Shaw & Co., Inc. Unchanged $77.1k30.0k shares
GTS SECURITIES LLC Reduced $67.8k26.4k shares
Pale Fire Capital SE Unchanged $51.4k20.0k shares

Biggest puts

SIMPLEX TRADING, LLC Added $210.0k82.0k shares
CITADEL ADVISORS LLC Added $154.5k60.1k shares
GROUP ONE TRADING LLC Reduced $131.3k51.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $123.1k47.9k shares
JANE STREET GROUP, LLC Added $103.8k40.4k shares
GTS SECURITIES LLC Reduced $32.4k12.6k shares
Walleye Capital LLC Reduced $14.1k5.5k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $5.7k2.2k 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.

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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 13,938,58913.9m $35.8m $35.8m 0.01% Reduced -6.9k -6,946
2 BlackRock Inc. 0.00% of their portfolio New York, NY 8,565,3178.6m $22.0m $22.0m 0.00% Added +1.3m +1,252,838
3 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 6,258,9186.3m $16.1m $16.1m 0.00% Reduced -24.5k -24,489
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,994,4596.0m $15.4m $15.4m 0.00% Added +596.1k +596,053
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,889,7225.9m $15.1m $15.1m 0.00% Reduced -416.5k -416,524
6 Palo Alto Investors LP 1.57% of their portfolio PALO ALTO, CA 5,257,0865.3m $13.5m $13.5m 1.57% Added +9.1k +9,082
7 Polar Capital Holdings Plc 0.05% of their portfolio London, X0 3,567,1393.6m $9.2m $9.2m 0.05% Reduced -317.7k -317,680
8 Stonepine Capital Management, LLC 6.57% of their portfolio Bend, OR 2,800,0002.8m $7.2m $7.2m 6.57% Added +823.7k +823,658
9 Rubric Capital Management LP 0.18% of their portfolio NEW YORK, NY 2,656,8472.7m $6.8m $6.8m 0.18% Unchanged
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,297,9652.3m $5.9m $5.9m 0.00% Added +327.1k +327,127
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,283,6402.3m $5.9m $5.9m 0.00% Reduced -75.1k -75,137
12 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 2,237,5052.2m $5.8m $5.8m 0.01% Added +672.8k +672,803
13 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,056,0621.1m $2.7m $2.7m 0.00% Added +704.0k +704,020
14 BAMCO INC /NY/ 0.01% of their portfolio NEW YORK, NY 1,023,6631.0m $2.6m $2.6m 0.01% Unchanged
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 977,095977.1k $2.5m $2.5m 0.00% Reduced -2.6m -2,634,617
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 933,618933.6k $2.4m $2.4m 0.00% Added +390.2k +390,169
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 866,186866.2k $2.2m $2.2m 0.00% Added +957 +957
18 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 756,912756.9k $1.9m $1.9m 0.00% Added +604.5k +604,547
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 749,587749.6k $1.9m $1.9m 0.00% Added +49.5k +49,537
20 RICE HALL JAMES & ASSOCIATES, LLC 0.11% of their portfolio San Diego, CA 712,072712.1k $1.8m $1.8m 0.11% Reduced -34.1k -34,067
21 Rhenman & Partners Asset Management AB 0.17% of their portfolio Stockholm, V7 701,707701.7k $1.8m $1.8m 0.17% Unchanged
22 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 633,903633.9k $1.6m $1.6m 0.00% Added +376.5k +376,506
23 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 610,792610.8k $1.6m $1.6m 0.02% Reduced -11.3k -11,334
24 PERCEPTIVE ADVISORS LLC 0.04% of their portfolio NEW YORK, NY 600,000600.0k $1.5m $1.5m 0.04% Unchanged
25 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 572,000572.0k $1.5m $1.5m 0.00% Added +198.3k +198,300
26 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 535,387535.4k $1.4m $1.4m 0.00% Added +90.0k +90,000
27 EULAV Asset Management 0.03% of their portfolio SARASOTA, FL 500,000500.0k $1.3m $1.3m 0.03% Unchanged
28 Integral Health Asset Management, LLC 0.13% of their portfolio New York, NY 500,000500.0k $1.3m $1.3m 0.13% New
29 Essex Woodlands Management, Inc. 0.38% of their portfolio THE WOODLANDS, TX 457,085457.1k $1.2m $1.2m 0.38% Unchanged
30 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 441,584441.6k $1.1m $1.1m 0.01% New
31 Graham Capital Management, L.P. 0.04% of their portfolio ROWAYTON, CT 417,161417.2k $1.1m $1.1m 0.04% New
32 TANG CAPITAL MANAGEMENT LLC 0.10% of their portfolio SAN DIEGO, CA 400,000400.0k $1.0m $1.0m 0.10% Added +200.0k +200,000
33 CM Management, LLC 0.94% of their portfolio GULF BREEZE, FL 400,000400.0k $1.0m $1.0m 0.94% Added +150.0k +150,000
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 373,015373.0k $958.6k $958.6k 0.00% Added +68.5k +68,451
35 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.02% of their portfolio CHICAGO, IL 325,314325.3k $836.1k $836.1k 0.02% Added +70.6k +70,647
36 Lane Generational LLC 0.97% of their portfolio Palm Beach, FL 319,322319.3k $820.7k $820.7k 0.97% New
37 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 290,515290.5k $746.6k $746.6k 0.00% Reduced -38.8k -38,752
38 MOORE CAPITAL MANAGEMENT, LP 0.01% of their portfolio NEW YORK, NY 250,000250.0k $642.5k $642.5k 0.01% Unchanged
39 DCF Advisers, LLC 0.34% of their portfolio MOUNT PLEASANT, SC 250,000250.0k $642.5k $642.5k 0.34% Reduced -13.4k -13,372
40 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 249,029249.0k $640.0k $640.0k 0.00% Added +198.4k +198,366
41 AlphaCentric Advisors LLC 0.46% of their portfolio SAN JUAN, PR 245,000245.0k $629.6k $629.6k 0.46% Unchanged
42 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 237,790237.8k $611.1k $611.1k 0.00% Added +118.4k +118,429
43 Ghost Tree Capital, LLC 0.20% of their portfolio NEW YORK, NY 225,000225.0k $578.2k $578.2k 0.20% Reduced -225.0k -225,000
44 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 201,080201.1k $516.8k $516.8k 0.00% Added +171.0k +170,960
45 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 198,846198.8k $511.0k $511.0k 0.00% Unchanged
46 PDT Partners, LLC 0.05% of their portfolio New York, NY 197,049197.0k $506.4k $506.4k 0.05% New
47 Swiss National Bank 0.00% of their portfolio ZURICH, V8 194,650194.7k $500.3k $500.3k 0.00% Unchanged
48 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 193,591193.6k $497.5k $497.5k 0.00% New
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 179,951180.0k $462.5k $462.5k 0.00% Reduced -324.7k -324,725
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 176,973177.0k $454.8k $454.8k 0.00% Added +57.1k +57,064
51 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 167,948167.9k $431.6k $431.6k 0.00% Reduced -2.0k -1,963
52 FMR LLC 0.00% of their portfolio BOSTON, MA 166,828166.8k $428.7k $428.7k 0.00% Added +159.2k +159,200
53 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 163,913163.9k $421.3k $421.3k 0.00% Added +24.0k +24,012
54 NORGES BANK 0.00% of their portfolio OSLO, Q8 161,000161.0k $413.8k $413.8k 0.00% Unchanged
55 Nebula Research & Development LLC 0.06% of their portfolio New York, NY 144,365144.4k $371.0k $371.0k 0.06% Reduced -30.5k -30,502
56 Centiva Capital, LP 0.02% of their portfolio New York, NY 141,259141.3k $363.0k $363.0k 0.02% Added +126.3k +126,259
57 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 139,079139.1k $357.4k $357.4k 0.04% Added +65.9k +65,919
58 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 136,347136.3k $350.4k $350.4k 0.00% Added +14.2k +14,191
59 Silicon Valley Capital Partners 0.05% of their portfolio SAN JOSE, CA 135,788135.8k $349.0k $349.0k 0.05% New
60 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 120,720120.7k $310.2k $310.2k 0.00% Added +30.2k +30,220
61 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 116,368116.4k $299.1k $299.1k 0.00% Added +23.4k +23,450
62 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 115,291115.3k $296.3k $296.3k 0.00% Reduced -96.4k -96,404
63 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 109,917109.9k $282.0k $282.0k 0.00% Added +1.5k +1,541
64 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 107,980108.0k $277.5k $277.5k 0.00% Reduced -190.1k -190,130
65 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 97,32497.3k $250.1k $250.1k 0.00% Reduced -169 -169
66 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 94,45394.5k $243.0k $243.0k 0.00% Added +25.1k +25,092
67 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 92,32392.3k $237.3k $237.3k 0.01% New
68 Summit X, LLC 0.05% of their portfolio CHESTERFIELD, MO 88,39588.4k $227.4k $227.4k 0.05% Added +55.0k +54,961
69 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 86,10086.1k $221.0k $221.0k 0.00% Unchanged
70 Tejara Capital Ltd 0.08% of their portfolio London, X0 82,68882.7k $212.5k $212.5k 0.08% Reduced -87.3k -87,312
71 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 81,57981.6k $209.7k $209.7k 0.00% New
72 DAYMARK WEALTH PARTNERS, LLC 0.01% of their portfolio CINCINNATI, OH 76,00076.0k $195.3k $195.3k 0.01% Added +30.0k +30,000
73 Mirador Capital Partners LP 0.03% of their portfolio PLEASANTON, CA 72,35572.4k $186.0k $186.0k 0.03% New
74 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 69,92669.9k $179.7k $179.7k 0.02% Added +15.3k +15,267
75 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 66,32566.3k $170.5k $170.5k 0.00% Reduced -833 -833
76 Legal & General Group Plc 0.00% of their portfolio London, X0 65,04465.0k $167.2k $167.2k 0.00% Reduced -18.1k -18,128
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 62,93062.9k $161.7k $161.7k 0.00% Added +7.9k +7,857
78 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 62,68362.7k $161.1k $161.1k 0.00% Added +11.7k +11,749
79 DNB Asset Management AS 0.00% of their portfolio Oslo, Q8 60,22960.2k $154.8k $154.8k 0.00% Added +12.2k +12,201
80 MONTANOVA CAPITAL, LLC 0.01% of their portfolio New York, NY 58,42558.4k $150.2k $150.2k 0.01% Reduced -1.5m -1,541,575
81 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 58,12258.1k $149.0k $149.0k 0.00% New
82 Hunting Hill Global Capital, LLC 0.07% of their portfolio New York, NY 57,22257.2k $147.1k $147.1k 0.07% Added +14.7k +14,702
83 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 56,76756.8k $145.9k $145.9k 0.00% Reduced -12.3k -12,305
84 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 56,01156.0k $143.9k $143.9k 0.00% First filing
85 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 55,26955.3k $142.0k $142.0k 0.00% Added +18.8k +18,846
86 UBS Group AG 0.00% of their portfolio ZURICH, V8 50,77350.8k $130.5k $130.5k 0.00% Reduced -139.4k -139,419
87 NorthRock Partners, LLC 0.00% of their portfolio MINNEAPOLIS, MN 50,16250.2k $128.9k $128.9k 0.00% Added +19.5k +19,454
88 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 50,12550.1k $128.8k $128.8k 0.00% Added +2.1k +2,132
89 RF&L WEALTH MANAGEMENT, LLC 0.09% of their portfolio ACTON, MA 48,00048.0k $123.4k $123.4k 0.09% Added +15.0k +15,000
90 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 44,30444.3k $113.9k $113.9k 0.00% Added +22.3k +22,340
91 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 43,92943.9k $112.9k $112.9k 0.00% First filing
92 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 43,21943.2k $111.1k $111.1k 0.00% Added +10.9k +10,878
93 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 42,29642.3k $108.7k $108.7k 0.00% Added +9.6k +9,601
94 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 39,26839.3k $100.9k $100.9k 0.01% New
95 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 38,10738.1k $98.1k $98.1k 0.00% Reduced -435 -435
96 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 37,34037.3k $96.0k $96.0k 0.00% Reduced -3.0m -2,982,002
97 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 37,06137.1k $95.2k $95.2k 0.00% Reduced -8.4k -8,368
98 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 35,38435.4k $90.9k $90.9k 0.00% Added +6.6k +6,618
99 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 32,96133.0k $84.7k $84.7k 0.00% Added +10.6k +10,638
100 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 31,33831.3k $80.5k $80.5k 0.00% Added +62 +62