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 ($2.8m this quarter). Holder counts are more reliable. Shares outstanding: 69.6m as of 2026-08-03, 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 ≈ $15.10. Options: 11 managers hold calls ($90.4m notional), 11 hold puts ($9.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 298 |
| Q4 2022 | 295 |
| Q1 2023 | 275 |
| Q2 2023 | 248 |
| Q3 2023 | 226 |
| Q4 2023 | 268 |
| Q1 2024 | 291 |
| Q2 2024 | 316 |
| Q3 2024 | 331 |
| Q4 2024 | 315 |
| Q1 2025 | 276 |
| Q2 2025 | 272 |
| Q3 2025 | 255 |
| Q4 2025 | 268 |
| Q1 2026 | 274 |
| Q2 2026 | 274 |
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 | 162 | 157 |
| Q4 2024 | 165 | 143 |
| Q1 2025 | 141 | 160 |
| Q2 2025 | 154 | 114 |
| Q3 2025 | 115 | 153 |
| Q4 2025 | 131 | 131 |
| Q1 2026 | 134 | 128 |
| Q2 2026 | 141 | 136 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $36.7m | $6.4m | 0.18 |
| Q4 2025 | $67.0m | $9.8m | 0.15 |
| Q1 2026 | $107.8m | $8.7m | 0.08 |
| Q2 2026 | $90.4m | $9.1m | 0.10 |
Biggest buyers
| First Light Asset Management, LLC | Added | +2.1m |
| Woodline Partners LP | New | +1.3m |
| BlackRock, Inc. | Added | +892.3k |
| JENNISON ASSOCIATES LLC | Added | +673.0k |
| Qube Research & Technologies Ltd | Added | +631.9k |
| Verition Fund Management LLC | Added | +592.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +550.1k |
| Freestone Grove Partners LP | Added | +535.4k |
| BANK OF MONTREAL /CAN/ | Added | +527.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +482.5k |
Biggest sellers
| ArrowMark Colorado Holdings LLC | Reduced | -1.8m |
| MARSHALL WACE, LLP | Sold out | -1.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.4m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.3m |
| BAILLIE GIFFORD & CO | Sold out | -1.1m |
| UBS Group AG | Reduced | -901.2k |
| Defilade Capital Management, L.P. | Sold out | -761.9k |
| MORGAN STANLEY | Reduced | -710.5k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -661.5k |
| Driehaus Capital Management LLC | Reduced | -517.4k |
Biggest calls
| UBS Group AG | Unchanged | $78.1m5.2m shares |
| Point72 Asset Management, L.P. | New | $4.5m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m104.3k shares |
| IMC-Chicago, LLC | Added | $1.5m100.4k shares |
| JANE STREET GROUP, LLC | Added | $1.2m82.3k shares |
| NOMURA HOLDINGS INC | New | $1.2m80.0k shares |
| CITADEL ADVISORS LLC | Added | $1.1m74.9k shares |
| GROUP ONE TRADING LLC | Added | $479.9k31.8k shares |
| SIMPLEX TRADING, LLC | Added | $384.8k25.5k shares |
| HRT FINANCIAL LP | Reduced | $175.0k11.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.5m165.1k shares |
| JANE STREET GROUP, LLC | Added | $1.4m93.3k shares |
| NOMURA HOLDINGS INC | New | $1.2m80.0k shares |
| HRT FINANCIAL LP | Added | $906.0k60.1k shares |
| IMC-Chicago, LLC | Added | $685.1k45.4k shares |
| CITADEL ADVISORS LLC | Added | $654.9k43.4k shares |
| Caption Management, LLC | New | $525.1k34.8k shares |
| Walleye Trading LLC | Added | $481.4k31.9k shares |
| GROUP ONE TRADING LLC | Reduced | $389.3k25.8k shares |
| BARCLAYS PLC | Reduced | $301.8k20.0k 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 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 | 1 | $12.4k | 1 | $1.2m | — |
| Q1 2025 | 1 | $190.9k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 2 | $251.7k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $4.4k | $46 |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 11.6m $174.8m | Added +892.3k |
| Sessa Capital IM, L.P. 1.33% of their portfolio | 5.1m $77.0m | Added +369.2k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 4.3m $64.9m | Added +306.3k |
| First Light Asset Management, LLC 3.10% of their portfolio | 3.4m $51.1m | Added +2.1m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.1m $46.7m | Added +57.6k |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $43.0m | Added +189.4k |
| GW&K Investment Management, LLC 0.30% of their portfolio | 2.6m $38.8m | Reduced -120.1k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 2.3m $35.2m | Added +673.0k |
| Paradice Investment Management LLC 4.87% of their portfolio | 2.0m $30.5m | Reduced -18.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio | 2.0m $30.3m | Added +482.5k |
| Freestone Grove Partners LP 0.18% of their portfolio | 1.9m $28.2m | Added +535.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $27.2m | Added +120.9k |
| Driehaus Capital Management LLC 0.16% of their portfolio | 1.8m $27.0m | Reduced -517.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.7m $26.2m | Reduced -456.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.3m $19.8m | Added +550.1k |
| Woodline Partners LP 0.06% of their portfolio | 1.3m $19.7m | New |
| ArrowMark Colorado Holdings LLC 0.82% of their portfolio | 1.3m $19.6m | Reduced -1.8m |
| UBS Group AG 0.00% of their portfolio | 1.1m $17.3m | Reduced -901.2k |
| FMR LLC 0.00% of their portfolio | 976.4k $14.7m | Added +262.4k |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 900.6k $13.6m | Added +204.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 871.8k $13.2m | Reduced -171.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 862.3k $13.0m | Reduced -1.4m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 753.7k $11.4m | Added +47.1k |
| Verition Fund Management LLC 0.07% of their portfolio | 700.0k $10.6m | Added +592.9k |
| ExodusPoint Capital Management, LP 0.10% of their portfolio | 691.8k $10.4m | Added +58.9k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 683.8k $10.3m | Added +631.9k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 681.8k $10.3m | Reduced -102.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 667.7k $10.1m | Added +474.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 656.8k $9.9m | Added +14.2k |
| MORGAN STANLEY 0.00% of their portfolio | 647.1k $9.8m | Reduced -710.5k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 610.9k $9.2m | Added +190.4k |
| Soleus Capital Management, L.P. 0.30% of their portfolio | 575.0k $8.7m | Reduced -208.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 565.0k $8.5m | Added +527.5k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 558.4k $8.4m | Reduced -1.3m |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 533.8k $8.1m | Added +201.9k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 491.1k $7.4m | Added +19.4k |
| Aberdeen Group plc 0.01% of their portfolio | 441.7k $6.7m | Added +7.7k |
| Jump Financial, LLC 0.05% of their portfolio | 404.4k $6.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 395.1k $6.0m | Added +21.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.05% of their portfolio | 380.5k $5.7m | Reduced -16.8k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 362.7k $5.5m | Added +283.7k |
| DAFNA Capital Management LLC 1.02% of their portfolio | 355.2k $5.4m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 352.2k $5.3m | Added +15.9k |
| BARCLAYS PLC 0.00% of their portfolio | 350.4k $5.3m | Reduced -70.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 349.7k $5.5m | Reduced -140 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 335.1k $5.1m | Added +3.6k |
| Invesco Ltd. 0.00% of their portfolio | 321.1k $4.8m | Added +27.1k |
| Y-Intercept (Hong Kong) Ltd 0.09% of their portfolio | 314.7k $4.7m | Added +236.8k |
| Alberta Investment Management Corp 0.03% of their portfolio | 313.7k $4.7m | New |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.06% of their portfolio | 308.2k $4.7m | Added +50.0k |
| Quantinno Capital Management LP 0.01% of their portfolio | 306.7k $4.6m | Reduced -347.2k |
| KVP Capital Advisors, LP 3.33% of their portfolio | 301.0k $4.5m | New |
| Meridiem Capital Partners LP 0.21% of their portfolio | 298.3k $4.5m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 292.8k $4.4m | Reduced -49.9k |
| Holocene Advisors, LP 0.01% of their portfolio | 267.9k $4.0m | Reduced -209.5k |
| SECTOR GAMMA AS 0.87% of their portfolio | 267.1k $4.0m | Unchanged |
| BEACONLIGHT CAPITAL, LLC 1.77% of their portfolio | 266.0k $4.0m | Added +12.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 236.0k $3.6m | Reduced -7.3k |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 235.7k $3.6m | Added +117.9k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 235.5k $3.6m | Reduced -7.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 225.2k $3.4m | Added +19.1k |
| Squarepoint Ops LLC 0.01% of their portfolio | 217.4k $3.3m | New |
| XTX Topco Ltd 0.04% of their portfolio | 213.0k $3.2m | Added +152.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 184.1k $2.8m | New |
| Jefferies Financial Group Inc. 0.02% of their portfolio | 166.5k $2.5m | Added +109.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 164.1k $2.5m | Reduced -22.3k |
| Nierenberg Investment Management Company, LLC 1.19% of their portfolio | 158.9k $2.4m | Added +79.4k |
| Nuveen, LLC 0.00% of their portfolio | 157.1k $2.4m | Reduced -206.7k |
| Legal & General Group Plc 0.00% of their portfolio | 155.7k $2.4m | Added +461 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 151.8k $2.3m | Reduced -16.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 148.6k $2.2m | Added +15.0k |
| Banco Santander, S.A. 0.01% of their portfolio | 147.2k $2.2m | Added +133.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 142.6k $2.2m | Reduced -661.5k |
| MIZUHO MARKETS AMERICAS LLC 0.04% of their portfolio | 137.8k $2.1m | Reduced -19.6k |
| Swiss National Bank 0.00% of their portfolio | 137.5k $2.1m | Added +4.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 137.2k $2.1m | Reduced -140.9k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 129.6k $2.0m | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 123.8k $1.9m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 122.0k $1.8m | Reduced -3.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 118.0k $1.8m | Added +37.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 113.5k $1.7m | Reduced -7.6k |
| BANQUE PICTET & CIE SA 0.02% of their portfolio | 112.3k $1.7m | Reduced -11.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 104.6k $1.6m | New |
| GABELLI FUNDS LLC 0.01% of their portfolio | 103.0k $1.6m | Added +78.0k |
| Trexquant Investment LP 0.01% of their portfolio | 90.1k $1.4m | Reduced -159.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 88.3k $1.3m | Added +19.7k |
| Cinctive Capital Management LP 0.05% of their portfolio | 86.9k $1.3m | Added +23.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 84.9k $1.3m | Reduced -2.5k |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. 0.04% of their portfolio | 84.9k $1.3m | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 81.1k $1.2m | Reduced -30.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 77.2k $1.2m | Reduced -7.0k |
| Cerity Partners LLC 0.00% of their portfolio | 76.1k $1.1m | Reduced -106 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 75.2k $1.1m | Added +14.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 72.2k $1.1m | Added +40.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 70.5k $1.1m | Added +1.1k |
| FORMULA GROWTH LTD 0.37% of their portfolio | 70.3k $1.1m | Reduced -524 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 70.0k $1.3m | Reduced -3.1k |
| Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio | 68.9k $1.0m | Reduced -137.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 68.3k $1.0m | Added +2.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 68.2k $1.0m | Added +41.2k |