Vault-13

UNITED THERAPEUTICS CORP DEL UTHR

COM · Common Stock · CUSIP 91307C102 · ISIN US91307C1027

Biotech company based in Silver Spring, Maryland, United States

460 institutional holders
45,351,77045.4m shares reported held*
99.5% of all shares outstanding*
$9.5bnreported value*

* 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 ($28.1m this quarter). Holder counts are more reliable. Shares outstanding: 45.6m as of 2022-10-26, 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 ≈ $209.41. Options: 13 managers hold calls ($104.1m notional), 10 hold puts ($51.0m).

Biggest calls

Parallax Volatility Advisers, L.P. — $26.2m125.3k shares
CITADEL ADVISORS LLC — $19.6m93.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP — $18.2m87.0k shares
Caption Management, LLC — $12.6m60.0k shares
CITIGROUP INC — $9.8m47.0k shares
JANE STREET GROUP, LLC — $7.6m36.4k shares
GROUP ONE TRADING LLC — $5.3m25.3k shares
SIMPLEX TRADING, LLC — $3.3m15.6k shares
WOLVERINE TRADING, LLC — $582.0k2.8k shares
PEAK6 Investments LLC — $482.0k2.3k shares

Biggest puts

Caption Management, LLC — $20.9m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP — $11.7m55.7k shares
CITADEL ADVISORS LLC — $7.3m35.1k shares
JANE STREET GROUP, LLC — $5.3m25.1k shares
SIMPLEX TRADING, LLC — $3.1m14.8k shares
Walleye Trading LLC — $2.1m10.1k shares
WOLVERINE TRADING, LLC — $229.0k1.1k shares
Weiss Multi-Strategy Advisers LLC — $209.0k1.0k shares
Walleye Capital LLC — $105.0k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. — $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.

HolderStakeChangeShares Last filed
ROTHBLATT MARTINE A 13G · exempt (held before listing) filed 2026-08-14 5.3% 2.3m≈ $1.3bn 2026-08-14
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 5.2% new 2.3m≈ $1.2bn 2026-04-30

Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (3.2%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)

Insider purchases and sales in Q3 2022

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)

BuyingSelling
10010Q4 20: 0 buyingQ4 20: 0 sellingQ1 21: 0 buyingQ1 21: 0 sellingQ1 21Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 0 buyingQ4 21: 3 sellingQ1 22: 0 buyingQ1 22: 1 sellingQ1 22Q2 22: 0 buyingQ2 22: 6 sellingQ3 22: 0 buyingQ3 22: 5 sellingQ3 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20200—0——
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20210—3$13.2m—
Q1 20220—1$6.9m—
Q2 20220—6$20.8m—
Q3 20220—5$7.7m—
DateInsiderTradeSharesPrice ValueTheir holding
2022-09-29 Mesa Nilda Director Sold 400 $207.36 $82.9k400 shares -6%
2022-09-28 Mesa Nilda Director Sold 850 $211.05 $179.4k850 shares -11%
2022-09-22 MAHON PAUL A EVP & GENERAL COUNSEL Sold 6,000 $203.34 $1.2m6.0k shares -14%
2022-09-02 SULLIVAN LOUIS W Director Sold 4,910 $225.98 $1.1m4.9k shares -29%
2022-08-23 CAUSEY CHRISTOPHER Director Sold 3,500 $224.96 $787.4k3.5k shares -55%
2022-08-04 MAHON PAUL A EVP & GENERAL COUNSEL Sold 4,552 $225.81 $1.0m4.6k shares -11%
2022-07-21 MAHON PAUL A EVP & GENERAL COUNSEL Sold 6,000 $226.27 $1.4m6.0k shares -14%
2022-07-11 DWEK RAYMOND Director Sold 2,160 $241.29 $521.2k2.2k shares -100%
2022-07-07 MAHON PAUL A EVP & GENERAL COUNSEL Sold 6,000 $242.04 $1.5m6.0k shares -14%

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, Q3 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.03% of their portfolio Valley Forge, PA 4,411,6164.4m $923.7m $923.7m 0.03% —
2 BlackRock Inc. 0.03% of their portfolio New York, NY 4,327,3684.3m $906.1m $906.1m 0.03% —
3 FMR LLC 0.07% of their portfolio BOSTON, MA 2,977,2593.0m $623.4m $623.4m 0.07% —
4 Avoro Capital Advisors LLC 11.32% of their portfolio NEW YORK, NY 2,926,5002.9m $612.8m $612.8m 11.32% —
5 RENAISSANCE TECHNOLOGIES LLC 0.76% of their portfolio NEW YORK, NY 2,550,2142.6m $534.0m $534.0m 0.76% —
6 JANUS HENDERSON GROUP PLC 0.13% of their portfolio LONDON, X0 1,649,6421.6m $345.4m $345.4m 0.13% —
7 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 1,596,0171.6m $334.2m $334.2m 0.02% —
8 WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio Boston, MA 1,356,7661.4m $284.1m $284.1m 0.06% —
9 Avidity Partners Management LP 4.42% of their portfolio DALLAS, TX 970,200970.2k $203.1m $203.1m 4.42% —
10 Palo Alto Investors LP 10.49% of their portfolio PALO ALTO, CA 633,534633.5k $132.6m $132.6m 10.49% —
11 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 631,739631.7k $132.3m $132.3m 0.02% —
12 CITADEL ADVISORS LLC 0.16% of their portfolio MIAMI, FL 614,512614.5k $128.7m $128.7m 0.16% —
13 Assenagon Asset Management S.A. 0.55% of their portfolio SENNINGERBERG, N4 613,284613.3k $128.4m $128.4m 0.55% —
14 Bank of New York Mellon Corp 0.03% of their portfolio NEW YORK, NY 606,532606.5k $127.0m $127.0m 0.03% —
15 MILLENNIUM MANAGEMENT LLC 0.15% of their portfolio NEW YORK, NY 581,710581.7k $121.8m $121.8m 0.15% —
16 LSV ASSET MANAGEMENT 0.28% of their portfolio CHICAGO, IL 565,522565.5k $118.4m $118.4m 0.28% —
17 FULLER & THALER ASSET MANAGEMENT, INC. 0.83% of their portfolio SAN MATEO, CA 551,408551.4k $115.5m $115.5m 0.83% —
18 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.70% of their portfolio SAN FRANCISCO, CA 549,673549.7k $115.1m $115.1m 0.70% —
19 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 528,522528.5k $110.7m $110.7m 0.04% —
20 Nuveen Asset Management, LLC 0.04% of their portfolio CHICAGO, IL 510,394510.4k $106.9m $106.9m 0.04% —
21 NORGES BANK 0.02% of their portfolio OSLO, Q8 419,827419.8k $87.9m $87.9m 0.02% —
22 Swedbank AB 0.21% of their portfolio STOCKHOLM, V7 412,575412.6k $86.4m $86.4m 0.21% —
23 FIRST TRUST ADVISORS LP 0.11% of their portfolio Wheaton, IL 390,438390.4k $81.8m $81.8m 0.11% —
24 PICTET ASSET MANAGEMENT SA 0.12% of their portfolio GENEVA 73, V8 387,908387.9k $81.2m $81.2m 0.12% —
25 JACOBS LEVY EQUITY MANAGEMENT, INC 0.61% of their portfolio FLORHAM PARK, NJ 365,619365.6k $76.6m $76.6m 0.61% —
26 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.18% of their portfolio Boston, MA 355,000355.0k $74.3m $74.3m 0.18% —
27 Polaris Capital Management, LLC 2.81% of their portfolio BOSTON, MA 341,900341.9k $71.6m $71.6m 2.81% —
28 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 335,597335.6k $70.3m $70.3m 0.02% —
29 Polar Capital Holdings Plc 0.43% of their portfolio London, X0 320,831320.8k $67.2m $67.2m 0.43% —
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 299,389299.4k $62.7m $62.7m 0.02% —
31 AQR CAPITAL MANAGEMENT LLC 0.15% of their portfolio Greenwich, CT 294,088294.1k $61.3m $61.3m 0.15% —
32 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 284,789284.8k $59.6m $59.6m 0.02% —
33 Epoch Investment Partners, Inc. 0.37% of their portfolio New York, NY 270,142270.1k $56.6m $56.6m 0.37% —
34 ASSETMARK, INC 0.26% of their portfolio CONCORD, CA 266,355266.4k $55.8m $55.8m 0.26% —
35 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 256,010256.0k $53.6m $53.6m 0.01% —
36 Eversept Partners, LP 6.34% of their portfolio NEW YORK, NY 255,226255.2k $53.4m $53.4m 6.34% —
37 Soleus Capital Management, L.P. 6.68% of their portfolio GREENWICH, CT 234,859234.9k $49.2m $49.2m 6.68% —
38 Allspring Global Investments Holdings, LLC 0.08% of their portfolio CHARLOTTE, NC 225,862225.9k $47.3m $47.3m 0.08% —
39 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 217,123217.1k $45.5m $45.5m 0.05% —
40 Allianz Asset Management GmbH 0.10% of their portfolio MUNICH, 2M 215,556215.6k $45.1m $45.1m 0.10% —
41 LOOMIS SAYLES & CO L P 0.09% of their portfolio BOSTON, MA 203,465203.5k $42.6m $42.6m 0.09% —
42 Krensavage Asset Management, LLC 13.36% of their portfolio NEW YORK, NY 200,407200.4k $42.0m $42.0m 13.36% —
43 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 195,821195.8k $41.0m $41.0m 0.02% —
44 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 194,227194.2k $40.7m $40.7m 0.01% —
45 FRONTIER CAPITAL MANAGEMENT CO LLC 0.46% of their portfolio Boston, MA 187,130187.1k $39.2m $39.2m 0.46% —
46 FIRST MANHATTAN CO. LLC. 0.16% of their portfolio NEW YORK, NY 183,400183.4k $38.4m $38.4m 0.16% —
47 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 179,938179.9k $37.7m $37.7m 0.01% —
48 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 179,133179.1k $37.5m $37.5m 0.03% —
49 PRUDENTIAL FINANCIAL INC 0.06% of their portfolio NEWARK, NJ 176,801176.8k $37.0m $37.0m 0.06% —
50 Poplar Forest Capital LLC 4.49% of their portfolio PASADENA, CA 168,059168.1k $35.2m $35.2m 4.49% —
51 CAPTRUST FINANCIAL ADVISORS 0.20% of their portfolio RALEIGH, NC 167,390167.4k $35.0m $35.0m 0.20% —
52 WEDGE CAPITAL MANAGEMENT L L P/NC 0.59% of their portfolio CHARLOTTE, NC 165,506165.5k $34.7m $34.7m 0.59% —
53 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 164,537164.5k $34.5m $34.5m 0.05% —
54 Balyasny Asset Management L.P. 0.13% of their portfolio Chicago, IL 159,777159.8k $33.5m $33.5m 0.13% —
55 Russell Investments Group, Ltd. 0.07% of their portfolio Seattle, WA 159,359159.4k $33.4m $33.4m 0.07% —
56 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 151,816151.8k $31.8m $31.8m 0.05% —
57 Kynam Capital Management, LP 6.68% of their portfolio PRINCETON, NJ 151,009151.0k $31.6m $31.6m 6.68% —
58 Sofinnova Investments, Inc. 1.96% of their portfolio Menlo Park, CA 147,564147.6k $30.9m $30.9m 1.96% —
59 Polar Asset Management Partners Inc. 0.41% of their portfolio TORONTO, A6 147,300147.3k $30.8m $30.8m 0.41% —
60 Eagle Health Investments LP 6.76% of their portfolio Greenwich, CT 140,738140.7k $29.5m $29.5m 6.76% —
61 Paradigm Biocapital Advisors LP 4.14% of their portfolio NEW YORK, NY 140,561140.6k $29.4m $29.4m 4.14% —
62 VIRGINIA RETIREMENT SYSTEMS ET Al 0.32% of their portfolio RICHMOND, VA 133,800133.8k $28.0m $28.0m 0.32% —
63 Retirement Systems of Alabama 0.13% of their portfolio MONTGOMERY, AL 133,388133.4k $27.9m $27.9m 0.13% —
64 RHUMBLINE ADVISERS 0.04% of their portfolio BOSTON, MA 133,026133.0k $27.9m $27.9m 0.04% —
65 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 126,591126.6k $26.6m $26.6m 0.03% —
66 STOREBRAND ASSET MANAGEMENT AS 0.16% of their portfolio LYSAKER, Q8 125,433125.4k $26.3m $26.3m 0.16% —
67 PURA VIDA INVESTMENTS, LLC 3.95% of their portfolio NEW YORK, NY 125,046125.0k $26.2m $26.2m 3.95% —
68 Man Group plc 0.12% of their portfolio LONDON, X0 123,815123.8k $25.9m $25.9m 0.12% —
69 Tekla Capital Management LLC 1.01% of their portfolio Boston, MA 117,377117.4k $24.6m $24.6m 1.01% —
70 Legal & General Group Plc 0.01% of their portfolio London, X0 115,053115.1k $24.1m $24.1m 0.01% —
71 Swiss National Bank 0.02% of their portfolio ZURICH, V8 107,400107.4k $22.5m $22.5m 0.02% —
72 THOMPSON SIEGEL & WALMSLEY LLC 0.38% of their portfolio RICHMOND, VA 103,865103.9k $21.7m $21.7m 0.38% —
73 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 103,040103.0k $21.6m $21.6m 0.02% —
74 EMERALD MUTUAL FUND ADVISERS TRUST 1.36% of their portfolio LEOLA, PA 102,817102.8k $21.5m $21.5m 1.36% —
75 AXA S.A. 0.04% of their portfolio PARIS, I0 97,34497.3k $20.4m $20.4m 0.04% —
76 ACADIAN ASSET MANAGEMENT LLC 0.11% of their portfolio Boston, MA 97,12497.1k $20.3m $20.3m 0.11% —
77 EMERALD ADVISERS, LLC 1.01% of their portfolio LEOLA, PA 93,25393.3k $19.5m $19.5m 1.01% —
78 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 91,40091.4k $19.1m $19.1m 0.00% —
79 MOORE CAPITAL MANAGEMENT, LP 0.52% of their portfolio NEW YORK, NY 89,97990.0k $18.8m $18.8m 0.52% —
80 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 86,19886.2k $18.0m $18.0m 0.03% —
81 Pacer Advisors, Inc. 0.12% of their portfolio Malvern, PA 84,00584.0k $17.6m $17.6m 0.12% —
82 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 82,29782.3k $17.2m $17.2m 0.01% —
83 Parkman Healthcare Partners LLC 4.90% of their portfolio STAMFORD, CT 82,27082.3k $17.2m $17.2m 4.90% —
84 Portolan Capital Management, LLC 1.80% of their portfolio BOSTON, MA 81,29081.3k $17.0m $17.0m 1.80% —
85 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 79,94879.9k $16.7m $16.7m 0.01% —
86 Ensign Peak Advisors, Inc 0.04% of their portfolio SALT LAKE CITY, UT 76,05776.1k $15.9m $15.9m 0.04% —
87 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 73,63073.6k $15.4m $15.4m 0.01% —
88 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 72,82672.8k $15.2m $15.2m 0.02% —
89 AMERICAN INTERNATIONAL GROUP, INC. 0.11% of their portfolio New York, NY 71,81771.8k $15.0m $15.0m 0.11% —
90 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 68,45068.5k $14.3m $14.3m 0.01% —
91 Nicholas Investment Partners, LP 1.32% of their portfolio RANCHO SANTA FE, CA 68,19068.2k $14.3m $14.3m 1.32% —
92 Qube Research & Technologies Ltd 0.09% of their portfolio LONDON, X0 67,01067.0k $14.0m $14.0m 0.09% —
93 MARTINGALE ASSET MANAGEMENT L P 0.26% of their portfolio BOSTON, MA 63,26563.3k $13.2m $13.2m 0.26% —
94 Walleye Capital LLC 0.30% of their portfolio NEW YORK, NY 62,18262.2k $13.0m $13.0m 0.30% —
95 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio ALBANY, NY 61,27261.3k $12.8m $12.8m 0.03% —
96 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 58,55258.6k $12.3m $12.3m 0.02% —
97 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 58,33858.3k $12.2m $12.2m 0.02% —
98 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio WEST SACRAMENTO, CA 56,91756.9k $11.9m $11.9m 0.02% —
99 Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio VANCOUVER, A1 56,78756.8k $11.9m $11.9m 0.08% —
100 ATWOOD & PALMER INC 1.15% of their portfolio KANSAS CITY, MO 55,46755.5k $11.6m $11.6m 1.15% —