SAVARA INC SVRA
COM · Common Stock · CUSIP 805111101 · ISIN US8051111016
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersAustin, TX
- FilingsSEC EDGAR
* 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 ($75.0k this quarter). Holder counts are more reliable. Shares outstanding: 172.8m as of 2025-08-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.28. Options: 5 managers hold calls ($254.9k notional), 2 hold puts ($1.1k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 56 |
| Q4 2022 | 56 |
| Q1 2023 | 70 |
| Q2 2023 | 78 |
| Q3 2023 | 85 |
| Q4 2023 | 99 |
| Q1 2024 | 121 |
| Q2 2024 | 134 |
| Q3 2024 | 127 |
| Q4 2024 | 137 |
| Q1 2025 | 138 |
| Q2 2025 | 125 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 57 | 28 |
| Q4 2023 | 58 | 27 |
| Q1 2024 | 78 | 33 |
| Q2 2024 | 89 | 45 |
| Q3 2024 | 72 | 50 |
| Q4 2024 | 74 | 50 |
| Q1 2025 | 70 | 54 |
| Q2 2025 | 61 | 62 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $501.3k | $140.8k | 0.28 |
| Q4 2024 | $311.4k | $1.8k | 0.01 |
| Q1 2025 | $219.5k | $11.4k | 0.05 |
| Q2 2025 | $254.9k | $1.1k | 0.00 |
Biggest buyers
| Venrock Adviser, LLC | Added | +5.6m |
| ADAR1 Capital Management, LLC | Added | +2.2m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +635.1k |
| GSA CAPITAL PARTNERS LLP | Added | +620.8k |
| Affinity Asset Advisors, LLC | New | +500.0k |
| EMERALD ADVISERS, LLC | Added | +444.2k |
| DIMENSIONAL FUND ADVISORS LP | Added | +356.8k |
| VANGUARD GROUP INC | Added | +334.7k |
| Nantahala Capital Management, LLC | Added | +250.0k |
| Driehaus Capital Management LLC | New | +182.3k |
Biggest sellers
| Sofinnova Investments, Inc. | Reduced | -3.0m |
| JPMORGAN CHASE & CO | Reduced | -2.1m |
| Exome Asset Management LLC | Sold out | -836.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -812.4k |
| READYSTATE ASSET MANAGEMENT LP | Sold out | -522.8k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -469.1k |
| CITADEL ADVISORS LLC | Reduced | -393.2k |
| Point72 Asset Management, L.P. | Reduced | -271.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC | Sold out | -256.6k |
| Walleye Capital LLC | Sold out | -207.3k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $161.7k70.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $56.3k24.7k shares |
| CITADEL ADVISORS LLC | Reduced | $31.9k14.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.0k2.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $1.1k500 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.
| Holder | Stake |
|---|---|
Growth Equity Opportunities 17, LLC
13D · may seek influence
filed 2025-11-14
Stated purposeGEO acquired the GEO Shares for investment purposes. Depending on market conditions, its continuing evaluation of the business and prospects of the Issuer and other factors, GEO and the other Reporting Persons may dispose of or acquire additional shares of the Issuer. Except as set forth above, none of the Reporting Persons has any present plans which relate to or would result in: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or … Full filing |
12.0% |
| Bain Capital Life Sciences Fund II, L.P. 13D · may seek influence filed 2025-03-27 | 10.0% |
| Venrock Healthcare Capital Partners III, L.P. 13G · passive investor +2.6 pts · filed 2026-02-17 | 9.9% |
| Farallon Capital Partners, L.P. 13G · passive investor -3.1 pts · filed 2026-02-05 | 6.9% |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 13G · institution filed 2026-08-14 | 6.8% |
| Flynn James E 13G · passive investor new · filed 2025-11-05 | 6.7% |
| TCG Crossover GP I, LLC 13G · passive investor filed 2026-02-17 | 6.1% |
| BlackRock, Inc. 13G · institution +0.6 pts · filed 2026-01-21 | 5.4% |
Fell to 5% or below in the last year: Nantahala Capital Management, LLC (3.6%, 2026-02-13), Frazier Life Sciences Public Fund, L.P. (4.1%, 2026-02-13), Vestal Point Capital, LP (2.3%, 2025-11-14)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 3 | $884.7k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 2 | $347.0k | 3 | $290.9k | — |
| Q1 2025 | 1 | $417.0k | 0 | — | — |
| Q2 2025 | 2 | $119.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-20 | Hawkins Richard J Director | Bought | $98.4k48.2k shares |
| 2025-05-29 | McCracken Joseph S Director | Bought | $20.8k10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| NEA Management Company, LLC 4.20% of their portfolio | 24.5m $55.8m | Unchanged |
| Bain Capital Life Sciences Investors, LLC 5.02% of their portfolio | 17.6m $40.1m | Unchanged |
| TCG Crossover Management, LLC 3.22% of their portfolio | 12.4m $28.2m | Unchanged |
| Frazier Life Sciences Management, L.P. 1.05% of their portfolio | 11.5m $26.1m | Unchanged |
| Vestal Point Capital, LP 1.32% of their portfolio | 11.0m $25.1m | Added +15.0k |
| BlackRock, Inc. 0.00% of their portfolio | 9.8m $22.3m | Reduced -170.7k |
| Venrock Adviser, LLC 1.52% of their portfolio | 8.9m $20.3m | Added +5.6m |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.5m $19.3m | Added +334.7k |
| Nantahala Capital Management, LLC 1.34% of their portfolio | 8.3m $19.0m | Added +250.0k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.33% of their portfolio | 8.0m $18.2m | Unchanged |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.07% of their portfolio | 6.8m $15.6m | Unchanged |
| ADAR1 Capital Management, LLC 1.33% of their portfolio | 3.6m $8.2m | Added +2.2m |
| EMERALD ADVISERS, LLC 0.30% of their portfolio | 3.5m $8.1m | Added +444.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 3.4m $7.6m | Reduced -812.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $6.8m | Added +147.9k |
| Rosalind Advisors, Inc. 2.93% of their portfolio | 2.7m $6.1m | Unchanged |
| Sofinnova Investments, Inc. 0.38% of their portfolio | 2.5m $5.6m | Reduced -3.0m |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $5.6m | Added +7.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.30% of their portfolio | 2.2m $5.0m | Added +171.9k |
| SPHERA FUNDS MANAGEMENT LTD. 0.78% of their portfolio | 1.3m $3.0m | Added +26.1k |
| SUPERSTRING CAPITAL MANAGEMENT LP 3.17% of their portfolio | 1.1m $2.5m | Added +149.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $2.4m | Added +13.5k |
| AXA S.A. 0.01% of their portfolio | 1.1m $2.4m | Added +1.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 995.5k $2.3m | Added +40.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 831.0k $1.9m | Reduced -85.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 797.1k $1.8m | Added +635.1k |
| Sio Capital Management, LLC 0.67% of their portfolio | 726.9k $1.7m | Added +7.2k |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 708.5k $1.6m | Added +620.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 645.5k $1.5m | Added +356.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 530.1k $1.2m | Added +62.5k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 526.2k $1.2m | Reduced -271.2k |
| Affinity Asset Advisors, LLC 0.17% of their portfolio | 500.0k $1.1m | New |
| MORGAN STANLEY 0.00% of their portfolio | 382.6k $872.4k | Added +127.1k |
| Nuveen, LLC 0.00% of their portfolio | 320.3k $730.2k | Reduced -64.8k |
| F/m Investments LLC 0.03% of their portfolio | 314.8k $717.8k | Added +91.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 309.8k $706.4k | Reduced -469.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 282.8k $644.7k | Reduced -122.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 269.5k $614.4k | Added +6.6k |
| BARCLAYS PLC 0.00% of their portfolio | 253.8k $578.7k | Added +92.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 221.7k $505.4k | Added +62.6k |
| UBS Group AG 0.00% of their portfolio | 216.6k $493.9k | Added +32.4k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 199.3k $454.4k | Reduced -64.4k |
| Driehaus Capital Management LLC 0.00% of their portfolio | 182.3k $415.6k | New |
| EntryPoint Capital, LLC 0.20% of their portfolio | 178.5k $407.0k | Reduced -3.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 170.2k $388.0k | Added +16.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 160.1k $365.0k | Added +10.4k |
| Woodline Partners LP 0.00% of their portfolio | 155.9k $355.4k | Reduced -96.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 149.4k $340.7k | Added +89.1k |
| Swiss National Bank 0.00% of their portfolio | 148.4k $338.4k | Reduced -29.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 137.1k $312.6k | Added +36.3k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 123.4k $281.3k | Reduced -90.4k |
| Invesco Ltd. 0.00% of their portfolio | 120.9k $275.6k | Added +31.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 110.8k $252.6k | Reduced -393.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 110.0k $250.8k | Reduced -27.7k |
| XTX Topco Ltd 0.01% of their portfolio | 88.1k $200.9k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 86.5k $197.1k | Unchanged |
| Stonepine Capital Management, LLC 0.19% of their portfolio | 85.0k $193.8k | Added +55.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 83.2k $190.0k | Added +83.1k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 79.9k $182.3k | Reduced -53.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 79.7k $181.7k | Added +23.5k |
| Brooklyn Investment Group 0.02% of their portfolio | 77.9k $177.6k | Added +54.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 77.9k $177.6k | Added +11.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 77.9k $177.6k | Reduced -10.7k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 75.6k $172.4k | Added +23.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 69.8k $159.2k | Reduced -1.4k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 69.2k $157.7k | Reduced -8.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 68.5k $156.2k | Reduced -2.1m |
| Creative Planning 0.00% of their portfolio | 56.0k $127.7k | Reduced -37.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 55.7k $127.0k | Added +3.5k |
| Legal & General Group Plc 0.00% of their portfolio | 54.7k $124.7k | Reduced -42.1k |
| CITIGROUP INC 0.00% of their portfolio | 53.2k $121.2k | Reduced -39.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 51.9k $118.4k | Added +6.4k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 42.4k $96.5k | Unchanged |
| Virtus Investment Advisers, LLC 0.03% of their portfolio | 41.6k $94.9k | Reduced -7.4k |
| Sivia Capital Partners, LLC 0.03% of their portfolio | 41.5k $94.6k | Added +3.5k |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 39.8k $90.8k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 38.0k $86.6k | Added +5.7k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 36.2k $82.5k | Added +24.9k |
| China Universal Asset Management Co., Ltd. 0.01% of their portfolio | 34.7k $79.1k | Added +290 |
| ProShare Advisors LLC 0.00% of their portfolio | 32.4k $73.9k | Reduced -1.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 30.4k $69.3k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 26.2k $59.8k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 25.8k $58.8k | Unchanged |
| NorthCoast Asset Management LLC 0.00% of their portfolio | 25.2k $57.5k | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 22.6k $51.6k | Reduced -4.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 21.4k $48.7k | Reduced -4.0k |
| BROWN ADVISORY INC 0.00% of their portfolio | 20.9k $47.5k | Unchanged |
| Quadrature Capital Ltd 0.00% of their portfolio | 18.5k $42.0k | New |
| Quarry LP 0.01% of their portfolio | 17.0k $38.8k | Added +10.0k |
| CIBC WORLD MARKETS CORP 0.00% of their portfolio | 15.6k $35.5k | Reduced -11.1k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 15.5k $35.3k | Reduced -100 |
| CHOREO, LLC 0.00% of their portfolio | 14.7k $33.4k | Unchanged |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 14.6k $33.2k | New |
| May Hill Capital, LLC 0.01% of their portfolio | 14.1k $32.1k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 13.9k $31.6k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 13.5k $30.7k | Added +4.6k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 13.2k $30.1k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 13.0k $29.6k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 11.8k $26.0k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 11.7k $26.7k | Unchanged |