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 ($1.2m this quarter). Holder counts are more reliable. Shares outstanding: 58.1m as of 2026-07-28, 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 ≈ $46.48. Options: 3 managers hold calls ($980.0k notional), 5 hold puts ($6.6m).
Trends to Q2 2026
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 |
| Q3 2025 | 310 |
| Q4 2025 | 333 |
| Q1 2026 | 328 |
| Q2 2026 | 333 |
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 2024 | 126 | 114 |
| Q4 2024 | 133 | 119 |
| Q1 2025 | 143 | 127 |
| Q2 2025 | 156 | 120 |
| Q3 2025 | 151 | 158 |
| Q4 2025 | 162 | 146 |
| Q1 2026 | 152 | 157 |
| Q2 2026 | 163 | 147 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $11.5m | $0 | 0.00 |
| Q4 2025 | $5.9m | $5.3m | 0.91 |
| Q1 2026 | $3.4m | $5.8m | 1.71 |
| Q2 2026 | $980.0k | $6.6m | 6.78 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +913.1k |
| ARMISTICE CAPITAL, LLC | Added | +750.9k |
| BlackRock, Inc. | Added | +552.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +537.2k |
| Soleus Capital Management, L.P. | New | +520.0k |
| Qube Research & Technologies Ltd | Added | +424.0k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Added | +341.1k |
| Woodline Partners LP | Added | +259.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +191.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | New | +182.9k |
Biggest sellers
| Point72 Asset Management, L.P. | Sold out | -1.3m |
| Assenagon Asset Management S.A. | Reduced | -384.3k |
| SG Americas Securities, LLC | Reduced | -351.3k |
| Freestone Grove Partners LP | Reduced | -324.9k |
| MetLife Investment Management, LLC | Reduced | -271.5k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -228.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -227.0k |
| ExodusPoint Capital Management, LP | Reduced | -192.1k |
| ROYCE & ASSOCIATES LP | Reduced | -190.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Reduced | -123.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $939.5k20.2k shares |
| Raiffeisen Bank International AG | Unchanged | $31.2k671 shares |
| SIMPLEX TRADING, LLC | Added | $9.3k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.4m74.1k shares |
| CITADEL ADVISORS LLC | Added | $2.1m45.5k shares |
| JANE STREET GROUP, LLC | Added | $674.4k14.5k shares |
| SIMPLEX TRADING, LLC | Added | $348.8k7.5k shares |
| GROUP ONE TRADING LLC | Unchanged | $55.8k1.2k 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 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.
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 6 | $12.1m | $788.4k |
| Q1 2025 | 0 | — | 2 | $542.2k | $505.9k |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 6 | $15.6m | $13.9m |
| Q4 2025 | 0 | — | 4 | $7.4m | $7.3m |
| Q1 2026 | 0 | — | 7 | $9.2m | $7.4m |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 9.4m $434.9m | Added +552.8k |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 3.9m $179.2m | Added +537.2k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 3.3m $153.7m | Added +66.7k |
| ARMISTICE CAPITAL, LLC 3.40% of their portfolio | 2.6m $123.1m | Added +750.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.5m $117.1m | Added +49.5k |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $114.4m | Added +171.7k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.17% of their portfolio | 2.4m $110.6m | Added +341.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.1m $96.7m | Reduced -228.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $73.0m | Reduced -53.4k |
| Stephens Investment Management Group LLC 0.74% of their portfolio | 1.5m $69.1m | Added +134.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 1.5m $68.8m | Reduced -227.0k |
| LOOMIS SAYLES & CO L P 0.09% of their portfolio | 1.5m $68.6m | Added +49.4k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.4m $63.9m | Reduced -119.5k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 1.2m $55.1m | Added +913.1k |
| GW&K Investment Management, LLC 0.38% of their portfolio | 1.0m $48.2m | Reduced -17.9k |
| Sofinnova Investments, Inc. 2.57% of their portfolio | 1.0m $48.2m | Added +82.0k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 922.2k $42.9m | Added +424.0k |
| MORGAN STANLEY 0.00% of their portfolio | 876.8k $40.8m | Reduced -37.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 819.4k $38.1m | Reduced -37.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 767.7k $35.7m | Added +145.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 733.4k $34.1m | Added +33.9k |
| Woodline Partners LP 0.10% of their portfolio | 708.3k $32.9m | Added +259.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 703.6k $32.7m | Reduced -2.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 621.1k $28.9m | Reduced -93.1k |
| ASHFORD CAPITAL MANAGEMENT INC 3.06% of their portfolio | 613.8k $28.5m | Reduced -31.6k |
| Soleus Capital Management, L.P. 0.83% of their portfolio | 520.0k $24.2m | New |
| RICE HALL JAMES & ASSOCIATES, LLC 1.11% of their portfolio | 490.2k $22.8m | Added +12.8k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.44% of their portfolio | 474.1k $22.1m | Added +98.1k |
| Aberdeen Group plc 0.03% of their portfolio | 453.2k $21.1m | Added +177.6k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 432.5k $20.2m | Reduced -18.3k |
| Invesco Ltd. 0.00% of their portfolio | 395.1k $18.4m | Reduced -17.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 391.1k $18.2m | Reduced -111.3k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 384.8k $17.9m | Added +15.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 377.4k $17.6m | Added +15.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 368.0k $17.2m | Added +191.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 348.5k $16.2m | Added +7.3k |
| Freestone Grove Partners LP 0.10% of their portfolio | 316.4k $14.7m | Reduced -324.9k |
| FMR LLC 0.00% of their portfolio | 309.1k $14.4m | Added +99.7k |
| Krensavage Asset Management, LLC 4.96% of their portfolio | 280.7k $13.1m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 272.3k $12.9m | Added +21.6k |
| Nuveen, LLC 0.00% of their portfolio | 262.7k $12.2m | Added +46.6k |
| UBS Group AG 0.00% of their portfolio | 220.5k $10.3m | Added +11.3k |
| GLENMEDE TRUST CO NA 0.04% of their portfolio | 211.0k $9.8m | Reduced -8.1k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 199.4k $9.3m | Reduced -5.8k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 182.9k $8.5m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 171.5k $8.0m | Reduced -2.4k |
| Aristotle Capital Boston, LLC 0.53% of their portfolio | 169.7k $7.9m | Reduced -33.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 160.1k $7.4m | Reduced -896 |
| Man Group plc 0.01% of their portfolio | 156.4k $7.3m | Added +81.4k |
| THIRD AVENUE MANAGEMENT LLC 1.14% of their portfolio | 152.7k $7.1m | Unchanged |
| Bruce & Co., Inc. 1.89% of their portfolio | 150.0k $7.0m | Added +50.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 148.6k $6.9m | Added +86.6k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 146.3k $6.8m | Reduced -384.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 144.8k $6.7m | Reduced -24.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 143.9k $6.7m | Added +18.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 140.2k $6.5m | Added +93.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 138.3k $6.4m | Reduced -24.1k |
| Legal & General Group Plc 0.00% of their portfolio | 135.4k $6.3m | Reduced -376 |
| Susquehanna Portfolio Strategies, LLC 0.09% of their portfolio | 116.2k $5.4m | Reduced -26.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 115.1k $5.4m | Added +42.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 111.5k $5.2m | Added +93.4k |
| Swiss National Bank 0.00% of their portfolio | 109.8k $5.1m | Reduced -3.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 106.8k $5.0m | Reduced -1.0k |
| Hillsdale Investment Management Inc. 0.11% of their portfolio | 103.7k $4.8m | New |
| Jump Financial, LLC 0.04% of their portfolio | 100.6k $4.7m | New |
| AXIOM INVESTORS LLC /DE 0.04% of their portfolio | 94.5k $4.4m | Reduced -69.5k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 91.1k $4.2m | New |
| Hennion & Walsh Asset Management, Inc. 0.12% of their portfolio | 90.2k $4.2m | Added +1.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 88.8k $4.1m | Reduced -9.5k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 85.8k $4.0m | Added +28.0k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 85.8k $4.0m | Added +79.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 85.3k $4.0m | Reduced -667 |
| Atom Investors LP 0.33% of their portfolio | 79.9k $3.7m | Added +34.2k |
| Bridge City Capital, LLC 0.83% of their portfolio | 78.2k $3.6m | Added +15.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 76.6k $3.6m | Added +13.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.08% of their portfolio | 74.3k $3.5m | Added +6.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 73.3k $3.8m | Added +17.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 73.2k $3.4m | Added +43.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 73.2k $3.4m | Reduced -4.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 71.4k $3.3m | Added +63.8k |
| Elmind Capital, LP 0.82% of their portfolio | 70.0k $3.3m | Added +50.0k |
| SIT INVESTMENT ASSOCIATES INC 0.06% of their portfolio | 69.7k $3.2m | Added +825 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 68.9k $3.2m | Reduced -758 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 67.3k $3.1m | Added +4.4k |
| Edgestream Partners, L.P. 0.09% of their portfolio | 66.6k $3.1m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 63.7k $3.0m | Reduced -54.8k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 62.4k $2.9m | Added +1.9k |
| VELA Investment Management, LLC 0.71% of their portfolio | 61.7k $2.9m | Added +12.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 61.2k $2.8m | Reduced -6.5k |
| Phocas Financial Corp. 0.39% of their portfolio | 60.3k $2.8m | Reduced -3.2k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 60.0k $10.8k | Added +11.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 53.6k $2.5m | Added +3.2k |
| NFJ INVESTMENT GROUP, LLC 0.08% of their portfolio | 52.8k $2.5m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 51.9k $2.4m | Added +7.4k |
| Allworth Financial LP 0.01% of their portfolio | 50.7k $2.4m | Added +4.1k |
| XTX Topco Ltd 0.03% of their portfolio | 50.2k $2.3m | Added +24.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 50.1k $2.3m | Added +28.6k |
| ASSETMARK, INC 0.00% of their portfolio | 49.7k $2.3m | Added +5.7k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 47.8k $2.2m | Reduced -1.2k |
| Quantbot Technologies LP 0.09% of their portfolio | 47.7k $2.2m | Added +43.3k |