TANDEM DIABETES CARE INC TNDM
COM NEW · Common Stock · CUSIP 875372203 · ISIN US8753722037
U.S. healthcare company
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersSan Diego, CA
- Founded2008
- Websitetandemdiabetes.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 ($2.9m this quarter). Holder counts are more reliable. Shares outstanding: 65.1m as of 2023-07-28, 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 ≈ $24.56. Options: 10 managers hold calls ($4.6m notional), 10 hold puts ($7.0m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 298 |
| Q4 2022 | 295 |
| Q1 2023 | 275 |
| Q2 2023 | 248 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 150 | 149 |
| Q1 2023 | 150 | 144 |
| Q2 2023 | 125 | 151 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $24.0m | $20.7m | 0.86 |
| Q4 2022 | $19.5m | $10.1m | 0.52 |
| Q1 2023 | $9.7m | $4.3m | 0.44 |
| Q2 2023 | $4.6m | $7.0m | 1.52 |
Biggest buyers
| Paradice Investment Management LLC | New | +1.2m |
| JANUS HENDERSON GROUP PLC | Added | +790.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +752.5k |
| MARSHALL WACE, LLP | New | +657.2k |
| EMINENCE CAPITAL, LP | Added | +647.9k |
| Capital World Investors | Added | +529.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +497.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +392.4k |
| D. E. Shaw & Co., Inc. | Added | +356.5k |
| JENNISON ASSOCIATES LLC | New | +318.4k |
Biggest sellers
| FMR LLC | Reduced | -11.9m |
| Champlain Investment Partners, LLC | Reduced | -1.7m |
| BROWN CAPITAL MANAGEMENT LLC | Reduced | -579.0k |
| MORGAN STANLEY | Reduced | -528.5k |
| Tri Locum Partners LP | Sold out | -417.4k |
| Nuveen Asset Management, LLC | Reduced | -297.9k |
| Balyasny Asset Management L.P. | Sold out | -280.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -259.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -250.0k |
| BlackRock Inc. | Reduced | -237.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m48.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $922.7k376 shares |
| CITADEL ADVISORS LLC | Reduced | $790.2k32.2k shares |
| MILLENNIUM MANAGEMENT LLC | New | $490.8k20.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $370.0k15.1k shares |
| Cubist Systematic Strategies, LLC | Added | $265.0k10.8k shares |
| JANE STREET GROUP, LLC | Reduced | $208.6k8.5k shares |
| GROUP ONE TRADING LLC | Added | $193.9k7.9k shares |
| Walleye Capital LLC | Added | $157.1k6.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PURA VIDA INVESTMENTS, LLC | New | $2.5m103.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.5m61.6k shares |
| D. E. Shaw & Co., Inc. | New | $1.0m41.7k shares |
| CITADEL ADVISORS LLC | Reduced | $954.6k38.9k shares |
| MILLENNIUM MANAGEMENT LLC | New | $490.8k20.0k shares |
| Cubist Systematic Strategies, LLC | New | $247.9k10.1k shares |
| SIMPLEX TRADING, LLC | Added | $98.0k4.0k shares |
| GROUP ONE TRADING LLC | Reduced | $51.5k2.1k shares |
| Walleye Capital LLC | New | $34.4k1.4k 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 2025-04-29 | 15.2% |
| Sessa Capital (Master), L.P. 13G · passive investor new · filed 2025-05-15 | 6.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: Voya Financial, Inc. (0.2%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), ArrowMark Colorado Holdings LLC (4.3%, 2026-02-17)
Insider purchases and sales in Q2 2023
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 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 6 | $18.8m | — |
| Q1 2022 | 0 | — | 3 | $992.3k | — |
| Q2 2022 | 3 | $511.0k | 4 | $1.9m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $1.0m | — |
| Q1 2023 | 0 | — | 1 | $411.9k | — |
| Q2 2023 | 3 | $484.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-18 | Allen Dick Director | Bought | $294.7k10.0k shares |
| 2023-05-17 | Howell Peyton R Director | Bought | $90.5k3.0k shares |
| 2023-05-12 | Vosseller Leigh EVP & CHIEF FINANCIAL OFFICER · Leigh A. Vosseller Trust | Bought | $98.8k3.0k 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 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 9.0m $220.1m | Reduced -237.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 7.0m $172.1m | Reduced -34.6k |
| Capital World Investors 0.03% of their portfolio | 6.5m $159.2m | Added +529.5k |
| FMR LLC 0.01% of their portfolio | 4.6m $111.9m | Reduced -11.9m |
| EMINENCE CAPITAL, LP 1.37% of their portfolio | 3.1m $76.5m | Added +647.9k |
| STATE STREET CORP 0.00% of their portfolio | 2.3m $55.4m | Added +190.5k |
| Bellevue Group AG 0.73% of their portfolio | 2.1m $51.4m | Added +299.2k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 2.1m $51.2m | Added +790.2k |
| Champlain Investment Partners, LLC 0.24% of their portfolio | 1.6m $39.7m | Reduced -1.7m |
| BROWN CAPITAL MANAGEMENT LLC 0.55% of their portfolio | 1.6m $39.1m | Reduced -579.0k |
| Capital International Investors 0.01% of their portfolio | 1.2m $30.3m | Reduced -24.7k |
| Paradice Investment Management LLC 2.24% of their portfolio | 1.2m $30.1m | New |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 1.2m $29.8m | Added +190.1k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 1.2m $29.6m | Added +285.3k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.0m $25.7m | Added +752.5k |
| Stephens Investment Management Group LLC 0.39% of their portfolio | 1.0m $24.8m | Reduced -19.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 973.4k $23.9m | Added +36.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 877.0k $21.5m | Added +392.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio | 790.9k $19.4m | Added +497.6k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 657.2k $16.1m | New |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 602.1k $14.8m | Added +356.5k |
| First Light Asset Management, LLC 1.16% of their portfolio | 600.8k $14.7m | Added +11.6k |
| NORGES BANK 0.00% of their portfolio | 567.4k $13.9m | Added +9.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 515.5k $12.7m | Reduced -75.0k |
| Octagon Capital Advisors LP 1.63% of their portfolio | 474.9k $11.7m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 427.0k $10.5m | Reduced -27.5k |
| MORGAN STANLEY 0.00% of their portfolio | 403.3k $9.9m | Reduced -528.5k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 381.2k $9.4m | Added +219.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 373.9k $9.2m | Reduced -13.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 368.9k $9.1m | Added +4.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 350.4k $8.6m | Added +2.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 335.0k $8.2m | Reduced -63.8k |
| Eagle Health Investments LP 1.47% of their portfolio | 320.3k $7.9m | Reduced -105.2k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 318.4k $7.8m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 309.8k $7.6m | Added +122.5k |
| Invesco Ltd. 0.00% of their portfolio | 296.3k $7.3m | Reduced -1.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 294.5k $7.2m | Added +49.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 285.0k $7.0m | Reduced -2.5k |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 262.8k $6.4m | Reduced -187 |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 259.1k $6.4m | Added +11.8k |
| AXA S.A. 0.02% of their portfolio | 241.7k $5.9m | Unchanged |
| FRED ALGER MANAGEMENT, LLC 0.03% of their portfolio | 215.6k $5.3m | Reduced -8.8k |
| Walleye Capital LLC 0.09% of their portfolio | 215.3k $5.3m | Added +162.0k |
| Coronation Fund Managers Ltd. 0.14% of their portfolio | 207.8k $5.1m | Added +57.5k |
| TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio | 207.1k $5.1m | Added +136.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 200.7k $4.9m | Added +56.6k |
| Man Group plc 0.01% of their portfolio | 191.9k $4.7m | New |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio | 191.7k $4.7m | Added +28.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 190.5k $4.7m | Reduced -58 |
| Alberta Investment Management Corp 0.04% of their portfolio | 189.2k $4.6m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 185.4k $4.6m | Reduced -297.9k |
| Legal & General Group Plc 0.00% of their portfolio | 183.3k $4.5m | Reduced -8.1k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.60% of their portfolio | 175.7k $4.3m | Reduced -12.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 175.4k $4.3m | Reduced -2.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 173.8k $4.3m | Added +130.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 171.1k $4.2m | Reduced -8.9k |
| Squarepoint Ops LLC 0.02% of their portfolio | 169.9k $4.2m | New |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 163.8k $4.0m | Added +15.4k |
| Jump Financial, LLC 0.15% of their portfolio | 163.2k $4.0m | Added +19.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.03% of their portfolio | 147.3k $3.6m | Reduced -1.5k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 144.2k $3.5m | Added +79.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 140.9k $3.5m | Reduced -64.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 140.7k $3.5m | Added +81.1k |
| Swiss National Bank 0.00% of their portfolio | 140.6k $3.5m | Added +1.9k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 135.4k $3.3m | Added +12.3k |
| UBS Group AG 0.00% of their portfolio | 130.6k $3.2m | Added +62.2k |
| Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio | 118.2k $2.9m | Reduced -4.2k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 114.7k $2.8m | Added +1.6k |
| Weiss Multi-Strategy Advisers LLC 0.06% of their portfolio | 113.9k $2.8m | Added +17.9k |
| Chicago Capital, LLC 0.13% of their portfolio | 113.1k $2.8m | Reduced -189.9k |
| DAFNA Capital Management LLC 0.74% of their portfolio | 110.0k $2.7m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 101.4k $2.5m | Added +50.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 97.6k $2.4m | Added +6.4k |
| 1492 Capital Management LLC 1.36% of their portfolio | 95.1k $2.3m | Reduced -81 |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 92.2k $2.3m | Added +33.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 92.0k $3.7m | Unchanged |
| California Public Employees Retirement System 0.00% of their portfolio | 91.2k $2.2m | Unchanged |
| Granahan Investment Management, LLC 0.07% of their portfolio | 88.8k $2.2m | New |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 88.2k $2.2m | Added +6.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 87.6k $2.1m | Reduced -3.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 85.1k $2.1m | Reduced -170.3k |
| HRT FINANCIAL LP 0.02% of their portfolio | 84.7k $2.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 83.8k $2.1m | Reduced -62.6k |
| Invenomic Capital Management LP 0.11% of their portfolio | 82.2k $2.0m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 78.7k $1.9m | Reduced -942 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 78.5k $1.9m | Reduced -1.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 77.2k $1.9m | Added +17.5k |
| Amundi 0.00% of their portfolio | 73.4k $1.8m | Reduced -107.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 73.0k $1.8m | Added +5.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 70.9k $1.7m | Added +16.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 70.0k $1.7m | Reduced -3.6k |
| Bridgewater Associates, LP 0.01% of their portfolio | 69.5k $1.7m | Reduced -9.4k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 69.1k $1.7m | Reduced -84.4k |
| Quantbot Technologies LP 0.11% of their portfolio | 67.6k $1.7m | Reduced -3.8k |
| KBC Group NV 0.01% of their portfolio | 67.4k $1.7m | Reduced -551 |
| BARCLAYS PLC 0.00% of their portfolio | 66.1k $1.6m | Reduced -34.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 65.4k $1.6m | Reduced -2.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 61.8k $1.5m | Reduced -1.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 60.7k $1.5m | Added +22.9k |
| CAPITAL INTERNATIONAL LTD /CA/ 0.08% of their portfolio | 58.0k $1.4m | Unchanged |