SUPERNUS PHARMACEUTICALS INC SUPN
COM · Common Stock · CUSIP 868459108 · ISIN US8684591089
Company in Rockville, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersRockville, MD
- Founded2005
- Websitesupernus.com
- 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 ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 56.1m as of 2025-07-29, 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 ≈ $31.52. Options: 5 managers hold calls ($677.4k notional), 2 hold puts ($12.6k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 243 |
| Q4 2022 | 263 |
| Q1 2023 | 259 |
| Q2 2023 | 249 |
| Q3 2023 | 239 |
| Q4 2023 | 246 |
| Q1 2024 | 251 |
| Q2 2024 | 245 |
| Q3 2024 | 273 |
| Q4 2024 | 294 |
| Q1 2025 | 296 |
| Q2 2025 | 296 |
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 | 104 | 126 |
| Q4 2023 | 114 | 111 |
| Q1 2024 | 99 | 126 |
| Q2 2024 | 115 | 114 |
| Q3 2024 | 126 | 114 |
| Q4 2024 | 133 | 119 |
| Q1 2025 | 143 | 127 |
| Q2 2025 | 156 | 120 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $981.7k | $355.3k | 0.36 |
| Q4 2024 | $994.2k | $235.0k | 0.24 |
| Q1 2025 | $579.4k | $222.7k | 0.38 |
| Q2 2025 | $677.4k | $12.6k | 0.02 |
Biggest buyers
| Woodline Partners LP | New | +773.0k |
| Rubric Capital Management LP | New | +695.0k |
| Sofinnova Investments, Inc. | Added | +278.6k |
| Point72 Asset Management, L.P. | Added | +188.9k |
| Qube Research & Technologies Ltd | Added | +131.6k |
| D. E. Shaw & Co., Inc. | Added | +130.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | New | +122.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +117.5k |
| LAZARD ASSET MANAGEMENT LLC | Added | +88.9k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | Added | +79.0k |
Biggest sellers
| ARMISTICE CAPITAL, LLC | Reduced | -384.0k |
| Polar Capital Holdings Plc | Reduced | -360.0k |
| BlackRock, Inc. | Reduced | -316.7k |
| AMERIPRISE FINANCIAL INC | Reduced | -279.5k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -219.2k |
| JPMORGAN CHASE & CO | Reduced | -194.3k |
| Stephens Investment Management Group LLC | Reduced | -157.4k |
| LOOMIS SAYLES & CO L P | Reduced | -142.8k |
| Invesco Ltd. | Reduced | -131.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -130.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $359.3k11.4k shares |
| WOLVERINE TRADING, LLC | New | $218.1k7.0k shares |
| GROUP ONE TRADING LLC | Reduced | $82.0k2.6k shares |
| SIMPLEX TRADING, LLC | Added | $18.0k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | Reduced | $12.6k400 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-22 | 14.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: MILLENNIUM MANAGEMENT LLC (6.6%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), ARMISTICE CAPITAL, LLC (4.8%, 2026-02-17), DIMENSIONAL FUND ADVISORS LP (4.7%, 2026-01-21)
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 | — | 1 | $421.4k | — |
| Q4 2023 | 0 | — | 3 | $360.4k | — |
| Q1 2024 | 0 | — | 2 | $3.6m | $3.6m |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $435.0k | — |
| Q4 2024 | 0 | — | 6 | $12.1m | $788.4k |
| Q1 2025 | 0 | — | 2 | $542.2k | $505.9k |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 9.4m $295.3m | Reduced -316.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.2m $195.6m | Added +41.4k |
| ARMISTICE CAPITAL, LLC 5.75% of their portfolio | 4.8m $151.7m | Reduced -384.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 3.0m $95.2m | Added +117.5k |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 2.8m $87.1m | Added +62.5k |
| STATE STREET CORP 0.00% of their portfolio | 2.2m $69.6m | Added +63.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 1.7m $52.2m | Added +69.6k |
| Stephens Investment Management Group LLC 0.66% of their portfolio | 1.6m $49.8m | Reduced -157.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $44.1m | Added +73.0k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 1.3m $40.9m | Reduced -142.8k |
| GW&K Investment Management, LLC 0.36% of their portfolio | 1.3m $39.9m | Reduced -117.6k |
| Polar Capital Holdings Plc 0.17% of their portfolio | 1.0m $31.6m | Reduced -360.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 916.2k $28.9m | Reduced -219.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 896.4k $28.3m | Added +72.2k |
| Aristotle Capital Boston, LLC 1.30% of their portfolio | 808.4k $25.5m | Reduced -64.3k |
| Sofinnova Investments, Inc. 1.71% of their portfolio | 799.3k $25.2m | Added +278.6k |
| Woodline Partners LP 0.13% of their portfolio | 773.0k $24.4m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 751.5k $23.7m | Added +79.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 748.6k $23.6m | Added +2.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 710.4k $22.4m | Added +3.6k |
| Rubric Capital Management LP 0.35% of their portfolio | 695.0k $21.9m | New |
| MORGAN STANLEY 0.00% of their portfolio | 693.8k $21.9m | Added +43.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 598.6k $18.9m | Added +130.7k |
| ASHFORD CAPITAL MANAGEMENT INC 2.13% of their portfolio | 574.4k $18.1m | Added +7.8k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 554.5k $17.3m | Added +10.6k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.89% of their portfolio | 524.6k $16.5m | Added +8.8k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 507.8k $16.0m | Added +188.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 504.3k $15.9m | Added +21.2k |
| Krensavage Asset Management, LLC 7.88% of their portfolio | 472.4k $14.9m | Added +40.4k |
| Invesco Ltd. 0.00% of their portfolio | 399.0k $12.6m | Reduced -131.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 397.4k $12.5m | Added +11.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 315.1k $9.9m | Reduced -194.3k |
| Tributary Capital Management, LLC 0.86% of their portfolio | 308.6k $9.7m | Reduced -23.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 305.6k $9.6m | Reduced -691 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 302.7k $9.5m | Added +42.6k |
| Pacer Advisors, Inc. 0.02% of their portfolio | 288.2k $9.1m | Reduced -115.4k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 269.9k $8.5m | Added +25.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 266.9k $8.4m | Reduced -2.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 248.0k $7.8m | Reduced -8.4k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.21% of their portfolio | 245.5k $7.7m | Added +79.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 229.7k $7.2m | Added +131.6k |
| UBS Group AG 0.00% of their portfolio | 227.3k $7.2m | Reduced -23.0k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 220.3k $6.9m | Added +573 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 212.7k $6.7m | Added +10.7k |
| THIRD AVENUE MANAGEMENT LLC 1.23% of their portfolio | 189.5k $6.0m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 175.1k $5.5m | Added +13.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 173.2k $5.5m | Reduced -279.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 172.2k $5.4m | Added +6.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 167.7k $5.3m | Added +59.9k |
| Legal & General Group Plc 0.00% of their portfolio | 154.5k $4.9m | Added +2.1k |
| GREAT LAKES ADVISORS, LLC 0.04% of their portfolio | 142.2k $4.5m | Reduced -21.4k |
| BARCLAYS PLC 0.00% of their portfolio | 140.9k $4.4m | Added +40.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 140.6k $4.4m | Added +55.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 122.8k $3.9m | Reduced -49.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 122.8k $3.9m | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 121.9k $3.8m | Added +55.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 120.0k $3.8m | Added +46.7k |
| CITIGROUP INC 0.00% of their portfolio | 117.6k $3.7m | Added +27.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 111.4k $3.5m | Added +88.9k |
| Nuveen, LLC 0.00% of their portfolio | 110.8k $3.5m | Reduced -23.3k |
| S&T Bank/PA 1.03% of their portfolio | 107.4k $3.4m | Reduced -3.7k |
| Swiss National Bank 0.00% of their portfolio | 107.0k $3.4m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 102.1k $3.6m | Added +11.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 95.2k $3.0m | Added +5.0k |
| Hennion & Walsh Asset Management, Inc. 0.12% of their portfolio | 94.8k $3.0m | Added +17.2k |
| PDT Partners, LLC 0.17% of their portfolio | 94.3k $3.0m | Added +56.9k |
| Bridge City Capital, LLC 0.82% of their portfolio | 92.7k $2.9m | Reduced -1.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 90.5k $2.9m | Added +30.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 89.1k $2.8m | Added +16.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 85.7k $2.7m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 85.5k $2.7m | Added +19.9k |
| Bruce & Co., Inc. 0.84% of their portfolio | 82.1k $2.6m | Unchanged |
| FMR LLC 0.00% of their portfolio | 80.9k $2.5m | Added +3.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 76.3k $2.4m | Unchanged |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.04% of their portfolio | 73.9k $2.3m | Added +6.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 70.2k $2.2m | Added +5.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 68.7k $2.2m | Reduced -11.6k |
| SIT INVESTMENT ASSOCIATES INC 0.04% of their portfolio | 65.0k $2.0m | Added +26.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.05% of their portfolio | 64.8k $2.0m | Added +7.6k |
| Man Group plc 0.00% of their portfolio | 64.7k $2.0m | Added +24.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 63.6k $2.0m | Reduced -8.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 61.9k $2.0m | Added +3.3k |
| MERITAGE PORTFOLIO MANAGEMENT 0.12% of their portfolio | 60.4k $1.9m | Added +1.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 59.7k $1.9m | Reduced -59.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 58.8k $1.9m | Reduced -412 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 57.3k $1.8m | Reduced -39.9k |
| AXIOM INVESTORS LLC /DE 0.01% of their portfolio | 56.1k $1.8m | Reduced -52.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 55.8k $1.8m | Reduced -19.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 53.5k $1.7m | Reduced -609 |
| Jefferies Financial Group Inc. 0.03% of their portfolio | 53.2k $1.7m | Reduced -28.1k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 52.8k $1.7m | Reduced -96.7k |
| Villanova Investment Management Co LLC 1.71% of their portfolio | 52.3k $1.6m | Added +32.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 50.9k $1.6m | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 48.7k $1.5m | Added +19.0k |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 47.3k $1.5m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 47.3k $1.5m | Added +4.8k |
| CAMPBELL NEWMAN ASSET MANAGEMENT INC 0.11% of their portfolio | 45.6k $1.4m | Added +3.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 44.6k $1.4m | Reduced -2.2k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 43.1k $1.4m | Added +7.3k |
| Polaris Capital Management, LLC 0.09% of their portfolio | 43.1k $1.4m | Unchanged |