UNITED THERAPEUTICS CORP DEL UTHR
COM · Common Stock · CUSIP 91307C102 · ISIN US91307C1027
Biotech company based in Silver Spring, Maryland, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersSilver Spring, MD
- Founded1996
- Websiteunither.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 ($17.4m 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 ≈ $278.02. Options: 11 managers hold calls ($50.3m notional), 10 hold puts ($43.5m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 460 |
| Q4 2022 | 512 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $104.1m | $51.0m | 0.49 |
| Q4 2022 | $50.3m | $43.5m | 0.86 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.2m |
| FRED ALGER MANAGEMENT, LLC | New | +183.5k |
| BlackRock Inc. | Added | +183.0k |
| MORGAN STANLEY | Added | +132.8k |
| D. E. Shaw & Co., Inc. | Added | +126.5k |
| GOLDMAN SACHS GROUP INC | Added | +117.9k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +114.1k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Added | +106.2k |
| JANE STREET GROUP, LLC | Added | +101.1k |
| ExodusPoint Capital Management, LP | Added | +95.3k |
Biggest sellers
| JANUS HENDERSON GROUP PLC | Reduced | -882.2k |
| FMR LLC | Reduced | -390.5k |
| CITADEL ADVISORS LLC | Reduced | -289.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -205.7k |
| Avidity Partners Management LP | Reduced | -184.7k |
| LSV ASSET MANAGEMENT | Reduced | -153.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -148.0k |
| Balyasny Asset Management L.P. | Reduced | -115.0k |
| Soleus Capital Management, L.P. | Reduced | -106.6k |
| Allspring Global Investments Holdings, LLC | Reduced | -104.8k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $16.4m58.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.3m47.9k shares |
| CITADEL ADVISORS LLC | Reduced | $9.6m34.5k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $5.6m20.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.9m10.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.2m4.3k shares |
| TWO SIGMA SECURITIES, LLC | New | $611.8k2.2k shares |
| PEAK6 Investments LLC | Reduced | $361.5k1.3k shares |
| Walleye Trading LLC | Added | $305.9k1.1k shares |
| Walleye Capital LLC | New | $111.2k400 shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $17.3m62.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.8m42.4k shares |
| CITADEL ADVISORS LLC | Reduced | $7.4m26.5k shares |
| SG3 Management, LLC | Not comparable | $2.8m10.0k shares |
| TWO SIGMA SECURITIES, LLC | New | $1.3m4.5k shares |
| Walleye Capital LLC | Added | $1.1m3.9k shares |
| Walleye Trading LLC | Reduced | $1.1m3.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $862.0k3.1k shares |
| GROUP ONE TRADING LLC | New | $27.8k100 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 |
|---|---|
| ROTHBLATT MARTINE A 13G · exempt (held before listing) filed 2026-08-14 | 5.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
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 Q4 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $13.2m | — |
| Q1 2022 | 0 | — | 1 | $6.9m | — |
| Q2 2022 | 0 | — | 6 | $20.8m | — |
| Q3 2022 | 0 | — | 5 | $7.7m | — |
| Q4 2022 | 0 | — | 8 | $104.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-30 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-29 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-29 | BENKOWITZ MICHAEL PRESIDENT AND COO | Sold | $1.4m5.0k shares |
| 2022-12-28 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-27 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-23 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-22 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-21 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-20 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-19 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-16 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-15 | MAHON PAUL A EVP & GENERAL COUNSEL | Sold | $2.4m12.0k shares |
| 2022-12-15 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-14 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $1.7m6.3k shares |
| 2022-12-13 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.7m9.7k shares |
| 2022-12-12 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-09 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-09 | Olian Judy D. Director | Sold | $284.8k1.0k shares |
| 2022-12-08 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-07 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-06 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-05 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-02 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-01 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-12-01 | MAHON PAUL A EVP & GENERAL COUNSEL | Sold | $1.7m6.0k shares |
| 2022-12-01 | SULLIVAN LOUIS W Director | Sold | $195.9k700 shares |
| 2022-11-30 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-11-29 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-11-28 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.2m8.0k shares |
| 2022-11-25 | ROTHBLATT MARTINE A CHAIRPERSON & CEO, director | Sold | $2.1m8.0k shares |
The latest 30 of 59 trades.
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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.04% of their portfolio | 4.5m $1.3bn | Added +183.0k |
| VANGUARD GROUP INC 0.03% of their portfolio | 4.5m $1.2bn | Added +69.1k |
| Avoro Capital Advisors LLC 11.91% of their portfolio | 2.9m $796.7m | Reduced -61.5k |
| FMR LLC 0.07% of their portfolio | 2.6m $719.4m | Reduced -390.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio | 2.6m $714.5m | Added +1.2m |
| RENAISSANCE TECHNOLOGIES LLC 0.89% of their portfolio | 2.3m $652.0m | Reduced -205.7k |
| STATE STREET CORP 0.03% of their portfolio | 1.5m $430.9m | Reduced -46.7k |
| Avidity Partners Management LP 5.11% of their portfolio | 785.5k $218.4m | Reduced -184.7k |
| JANUS HENDERSON GROUP PLC 0.15% of their portfolio | 767.4k $213.4m | Reduced -882.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 660.9k $183.8m | Added +29.1k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.18% of their portfolio | 655.9k $182.4m | Added +106.2k |
| Palo Alto Investors LP 14.83% of their portfolio | 625.4k $173.9m | Reduced -8.1k |
| Assenagon Asset Management S.A. 0.69% of their portfolio | 601.8k $167.3m | Reduced -11.5k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 578.6k $160.9m | Reduced -27.9k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.93% of their portfolio | 528.2k $146.9m | Reduced -23.2k |
| MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio | 508.3k $141.3m | Reduced -73.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 495.5k $137.8m | Reduced -33.0k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 485.3k $135.0m | Reduced -25.1k |
| NORGES BANK 0.03% of their portfolio | 446.5k $124.2m | Added +26.6k |
| FIRST TRUST ADVISORS LP 0.15% of their portfolio | 446.2k $124.1m | Added +55.8k |
| LSV ASSET MANAGEMENT 0.25% of their portfolio | 412.0k $114.6m | Reduced -153.5k |
| Swedbank AB 0.25% of their portfolio | 409.8k $114.0m | Reduced -2.8k |
| MORGAN STANLEY 0.01% of their portfolio | 388.8k $108.1m | Added +132.8k |
| Invesco Ltd. 0.03% of their portfolio | 363.2k $101.0m | Added +78.4k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 338.2k $94.0m | Added +2.6k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 324.9k $90.4m | Reduced -289.6k |
| Polar Capital Holdings Plc 0.72% of their portfolio | 324.9k $90.3m | Added +4.1k |
| Polaris Capital Management, LLC 3.11% of their portfolio | 321.4k $89.4m | Reduced -20.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.60% of their portfolio | 319.0k $88.7m | Reduced -46.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 312.1k $86.8m | Added +117.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 311.6k $86.7m | Added +12.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 293.2k $81.5m | Added +114.1k |
| PICTET ASSET MANAGEMENT SA 0.11% of their portfolio | 284.7k $79.2m | Reduced -103.3k |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 260.0k $71.3m | Reduced -34.1k |
| ASSETMARK, INC 0.29% of their portfolio | 240.4k $66.8m | Reduced -26.0k |
| Eversept Partners, LP 6.27% of their portfolio | 232.8k $64.7m | Reduced -22.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.69% of their portfolio | 226.8k $63.1m | Added +39.7k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 211.9k $58.9m | Added +16.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.14% of their portfolio | 207.0k $57.6m | Reduced -148.0k |
| LOOMIS SAYLES & CO L P 0.11% of their portfolio | 202.5k $56.3m | Reduced -1.0k |
| Epoch Investment Partners, Inc. 0.33% of their portfolio | 198.8k $55.3m | Reduced -71.3k |
| Krensavage Asset Management, LLC 16.50% of their portfolio | 192.0k $53.4m | Reduced -8.4k |
| Allianz Asset Management GmbH 0.12% of their portfolio | 190.5k $53.0m | Reduced -25.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 189.0k $52.6m | Added +37.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 187.8k $52.2m | Reduced -29.4k |
| FRED ALGER MANAGEMENT, LLC 0.28% of their portfolio | 183.5k $51.0m | New |
| FIRST MANHATTAN CO. LLC. 0.19% of their portfolio | 183.4k $51.0m | Unchanged |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 182.2k $50.7m | Added +2.3k |
| California Public Employees Retirement System 0.04% of their portfolio | 176.5k $49.1m | Added +73.5k |
| CAPTRUST FINANCIAL ADVISORS 0.23% of their portfolio | 165.8k $46.1m | Reduced -1.5k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 163.3k $45.4m | Added +126.5k |
| Poplar Forest Capital LLC 5.01% of their portfolio | 149.5k $41.6m | Reduced -18.6k |
| Paradigm Biocapital Advisors LP 4.86% of their portfolio | 148.9k $41.4m | Added +8.3k |
| Qube Research & Technologies Ltd 0.24% of their portfolio | 145.0k $40.3m | Added +77.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.64% of their portfolio | 143.2k $39.8m | Reduced -22.3k |
| Polar Asset Management Partners Inc. 0.55% of their portfolio | 138.5k $38.5m | Reduced -8.8k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.40% of their portfolio | 137.7k $38.3m | Added +3.9k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 134.3k $37.4m | Added +1.3k |
| Retirement Systems of Alabama 0.16% of their portfolio | 132.1k $36.7m | Reduced -1.3k |
| Eagle Health Investments LP 8.42% of their portfolio | 131.2k $36.5m | Reduced -9.5k |
| Soleus Capital Management, L.P. 5.12% of their portfolio | 128.3k $35.7m | Reduced -106.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.19% of their portfolio | 125.4k $34.9m | Unchanged |
| ExodusPoint Capital Management, LP 0.54% of their portfolio | 124.5k $34.6m | Added +95.3k |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 121.0k $33.7m | Reduced -104.8k |
| Legal & General Group Plc 0.01% of their portfolio | 120.9k $33.6m | Added +5.8k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 120.5k $33.5m | Reduced -38.8k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 118.3k $32.9m | Reduced -8.3k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 117.2k $32.6m | Reduced -59.6k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 117.1k $32.6m | Added +101.1k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 115.5k $32.1m | Reduced -49.1k |
| Tekla Capital Management LLC 1.21% of their portfolio | 115.1k $32.0m | Reduced -2.3k |
| Swiss National Bank 0.02% of their portfolio | 109.9k $30.6m | Added +2.5k |
| TOBAM 2.01% of their portfolio | 109.3k $30.4m | Added +67.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 106.1k $29.5m | Added +14.7k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 102.3k $28.4m | Added +53.4k |
| Parkman Healthcare Partners LLC 7.46% of their portfolio | 100.7k $28.0m | Added +18.4k |
| Kynam Capital Management, LP 4.27% of their portfolio | 100.0k $27.8m | Reduced -51.0k |
| Clark Capital Management Group, Inc. 0.25% of their portfolio | 96.1k $26.7m | Added +83.4k |
| EMERALD ADVISERS, LLC 1.27% of their portfolio | 94.4k $26.3m | Added +1.2k |
| TWO SIGMA ADVISERS, LP 0.07% of their portfolio | 91.9k $25.6m | Added +46.8k |
| Man Group plc 0.09% of their portfolio | 91.3k $25.4m | Reduced -32.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 90.6k $25.2m | Added +4.4k |
| Sofinnova Investments, Inc. 1.51% of their portfolio | 89.2k $24.8m | Reduced -58.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 81.6k $22.7m | Added +1.7k |
| Schonfeld Strategic Advisors LLC 0.19% of their portfolio | 80.4k $22.4m | Added +54.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 79.5k $22.1m | Reduced -2.8k |
| Portolan Capital Management, LLC 2.17% of their portfolio | 78.8k $21.9m | Reduced -2.5k |
| Iron Triangle Partners LP 3.57% of their portfolio | 71.6k $19.9m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.14% of their portfolio | 71.0k $19.7m | Reduced -843 |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 68.5k $19.1m | Added +72 |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.17% of their portfolio | 67.8k $18.9m | Reduced -35.0k |
| CITIGROUP INC 0.03% of their portfolio | 64.0k $17.8m | Reduced -8.8k |
| MARTINGALE ASSET MANAGEMENT L P 0.33% of their portfolio | 61.2k $17.0m | Reduced -2.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 59.3k $16.5m | Reduced -1.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 58.5k $16.3m | Added +8.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 57.7k $16.0m | Added +782 |
| ATWOOD & PALMER INC 1.41% of their portfolio | 56.2k $15.6m | Added +720 |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 55.6k $15.5m | Added +52.0k |
| UBS Group AG 0.01% of their portfolio | 55.0k $15.3m | Added +12.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.08% of their portfolio | 55.0k $15.3m | Reduced -42.1k |