Vault-13

SEQUANS COMMUNICATIONS S A SQNS

SPONSORED ADS · ADR · CUSIP 817323405 · ISIN US8173234050

33 institutional holders -1 vs Q1 2026
6,146,2086.1m shares reported held*
$19.7mreported value*
9 new 6 added 5 reduced 10 sold out net sold ≈ $9.1m (-2.7m 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 ≈ $3.20. Options: 3 managers hold calls ($231.2k notional), 4 hold puts ($561.7k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 25: 30Q4 25: 39Q1 26: 34Q2 26: 3333Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202530
Q4 202539
Q1 202634
Q2 202633

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 25: 18 bought or addedQ4 25: 16 cut or sold outQ4 25Q1 26: 17 bought or addedQ1 26: 20 cut or sold outQ1 26Q2 26: 15 bought or addedQ2 26: 15 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 20251816
Q1 20261720
Q2 20261515

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 25 calls: $110.0mQ3 25 puts: $15.7mQ3 25P/C 0.14Q4 25 calls: $38.5mQ4 25 puts: $3.5mQ4 25P/C 0.09Q1 26 calls: $5.4mQ1 26 puts: $183.4kQ1 26P/C 0.03Q2 26 calls: $231.2kQ2 26 puts: $561.7kQ2 26P/C 2.43
Numbers
QuarterCallsPutsP/C
Q3 2025$110.0m$15.7m0.14
Q4 2025$38.5m$3.5m0.09
Q1 2026$5.4m$183.4k0.03
Q2 2026$231.2k$561.7k2.43

Biggest buyers

JANE STREET GROUP, LLC New +122,534+122.5k
CITADEL ADVISORS LLC New +63,823+63.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +25,975+26.0k
GSA CAPITAL PARTNERS LLP Added +25,353+25.4k
XTX Topco Ltd New +24,773+24.8k
MARSHALL WACE, LLP Added +24,546+24.5k
Worth Venture Partners, LLC New +14,000+14.0k
MMCAP International Inc. SPC Added +13,230+13.2k
HRT FINANCIAL LP New +10,696+10.7k
Asset Management One Co., Ltd. Added +7,472+7.5k

Biggest sellers

FMR LLC Sold out -1,383,682-1.4m
Hood River Capital Management LLC Sold out -664,762-664.8k
BRC Group Holdings, Inc. Reduced -319,103-319.1k
Polar Asset Management Partners Inc. Sold out -239,973-240.0k
WOLVERINE ASSET MANAGEMENT LLC Sold out -157,933-157.9k
Yorkville Advisors Global, LP Sold out -100,001-100.0k
Alyeska Investment Group, L.P. Sold out -100,000-100.0k
MOORE CAPITAL MANAGEMENT, LP Sold out -20,199-20.2k
J. Derek Lewis & Associates Inc. Sold out -12,100-12.1k
UBS Group AG Reduced -10,764-10.8k

Biggest calls

JANE STREET GROUP, LLC Reduced $157.1k46.2k shares
CITADEL ADVISORS LLC Reduced $69.0k20.3k shares
GROUP ONE TRADING LLC Reduced $5.1k1.5k shares

Biggest puts

CITADEL ADVISORS LLC Added $211.8k62.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $164.2k48.3k shares
JANE STREET GROUP, LLC New $153.3k45.1k shares
GROUP ONE TRADING LLC Reduced $32.3k9.5k 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
FMR LLC 13G · institution -1.1 pts · filed 2026-05-06 8.9% -1.1 pts 138.4m 2026-05-06
Leviticus Partners LP 13G · institution new · filed 2026-05-19 5.0% new 750.1k 2026-05-19

Insider purchases and sales since 1 Apr 2026

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.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BRC Group Holdings, Inc. 1.13% of their portfolio LOS ANGELES, CA 1,438,2371.4m $4.9m $4.9m 1.13% Reduced -319.1k -319,103
2 Oasis Management Co Ltd. 0.52% of their portfolio GRAND CAYMAN, E9 1,411,3151.4m $4.8m $4.8m 0.52% Unchanged
3 DBA TRADING, LLC 1.78% of their portfolio FORT LAUDERDALE, FL 1,400,1111.4m $3.5m $3.5m 1.78% Unchanged
4 CREDIT INDUSTRIEL ET COMMERCIAL 0.15% of their portfolio PARIS FRANCE, I0 400,000400.0k $1.4m $1.4m 0.15% Unchanged
5 Lynrock Lake LP 0.06% of their portfolio RYE BROOK, NY 266,666266.7k $906.7k $906.7k 0.06% Unchanged
6 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 257,194257.2k $874.5k $874.5k 0.00% Added +24.5k +24,546
7 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 164,859164.9k $560.5k $560.5k 0.01% Unchanged
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 122,534122.5k $416.6k $416.6k 0.00% New
9 ODDO BHF ASSET MANAGEMENT SAS 0.02% of their portfolio PARIS, I0 105,649105.6k $359.2k $359.2k 0.02% Unchanged
10 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 98,52398.5k $335.0k $335.0k 0.00% Unchanged
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 79,08979.1k $268.9k $268.9k 0.00% Reduced -10.8k -10,764
12 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 78,71978.7k $268.0k $268.0k 0.02% Added +25.4k +25,353
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 63,82363.8k $217.0k $217.0k 0.00% New
14 MMCAP International Inc. SPC 0.01% of their portfolio GRAND CAYMAN, E9 51,06051.1k $173.6k $173.6k 0.01% Added +13.2k +13,230
15 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 48,70948.7k $165.6k $165.6k 0.00% Added +7.5k +7,472
16 Krilogy Financial LLC 0.00% of their portfolio ST. LOUIS, MO 40,00040.0k $136.0k $136.0k 0.00% Unchanged
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,97526.0k $88.3k $88.3k 0.00% New
18 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 24,77324.8k $84.2k $84.2k 0.00% New
19 SmartHarvest Portfolios, LLC 0.02% of their portfolio SEATTLE, WA 15,93215.9k $54.2k $54.2k 0.02% Reduced -7.6k -7,624
20 Worth Venture Partners, LLC 0.11% of their portfolio FORT LEE, NJ 14,00014.0k $47.6k $47.6k 0.11% New
21 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 12,02012.0k $40.9k $40.9k 0.00% Added +6.6k +6,587
22 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 10,69610.7k $36.0k $36.0k 0.00% New
23 FNY Investment Advisers, LLC 0.01% of their portfolio NEW YORK, NY 6,8006.8k $23.0k $23.0k 0.01% Unchanged
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,6264.6k $15.7k $15.7k 0.00% Unchanged
25 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 2,8192.8k $9.6k $9.6k 0.00% Added +128 +128
26 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 996996 $3.4k $3.4k 0.00% New
27 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 409409 $1.4k $1.4k 0.00% New
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 359359 $1.2k $1.2k 0.00% Reduced -5.8k -5,780
29 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 189189 $642 $642 0.00% Reduced -28 -28
30 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4747 $160 $160 0.00% Unchanged
31 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4040 $136 $136 0.00% Unchanged
32 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 2020 $68 $68 0.00% New
33 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1919 $65 $65 0.00% Unchanged