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 ($42.1m this quarter). Holder counts are more reliable. Shares outstanding: 44.5m as of 2024-07-24, 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 ≈ $318.40. Options: 16 managers hold calls ($287.0m notional), 18 hold puts ($285.3m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 460 |
| Q4 2022 | 512 |
| Q1 2023 | 508 |
| Q2 2023 | 476 |
| Q3 2023 | 510 |
| Q4 2023 | 536 |
| Q1 2024 | 524 |
| Q2 2024 | 568 |
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 | 243 | 205 |
| Q1 2023 | 266 | 251 |
| Q2 2023 | 233 | 236 |
| Q3 2023 | 244 | 213 |
| Q4 2023 | 251 | 211 |
| Q1 2024 | 265 | 243 |
| Q2 2024 | 295 | 249 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $25.6m | $36.0m | 1.41 |
| Q4 2023 | $24.8m | $33.9m | 1.37 |
| Q1 2024 | $275.0m | $285.2m | 1.04 |
| Q2 2024 | $287.0m | $285.3m | 0.99 |
Biggest buyers
| CITIGROUP INC | Added | +1.5m |
| LSV ASSET MANAGEMENT | Added | +436.9k |
| STATE STREET CORP | Added | +359.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +340.7k |
| LORD, ABBETT & CO. LLC | New | +311.1k |
| Amundi | Added | +308.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +220.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +207.9k |
| KBC Group NV | Added | +154.6k |
| Pacer Advisors, Inc. | Added | +92.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -801.6k |
| CITADEL ADVISORS LLC | Sold out | -719.3k |
| NORGES BANK | Reduced | -425.6k |
| VANGUARD GROUP INC | Reduced | -264.1k |
| FMR LLC | Reduced | -254.0k |
| JANUS HENDERSON GROUP PLC | Reduced | -225.3k |
| Squarepoint Ops LLC | Sold out | -177.5k |
| Point72 Asset Management, L.P. | Sold out | -162.7k |
| Caisse de depot et placement du Quebec | Reduced | -160.7k |
| PRUDENTIAL FINANCIAL INC | Reduced | -156.9k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $152.3m478.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $38.8m121.8k shares |
| Hudson Bay Capital Management LP | New | $23.9m75.0k shares |
| READYSTATE ASSET MANAGEMENT LP | New | $13.3m41.8k shares |
| JPMORGAN CHASE & CO | Unchanged | $12.7m40.0k shares |
| Caption Management, LLC | New | $10.8m34.0k shares |
| CITADEL ADVISORS LLC | Reduced | $10.1m31.8k shares |
| Parallax Volatility Advisers, L.P. | New | $6.4m20.0k shares |
| TWO SIGMA SECURITIES, LLC | Added | $6.3m19.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.7m14.6k shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $132.0m414.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $37.0m116.0k shares |
| Hudson Bay Capital Management LP | New | $32.2m101.0k shares |
| JPMORGAN CHASE & CO | Unchanged | $12.7m40.0k shares |
| CITADEL ADVISORS LLC | Added | $10.5m33.1k shares |
| LMR Partners LLP | Reduced | $9.6m30.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.3m26.1k shares |
| READYSTATE ASSET MANAGEMENT LP | New | $8.1m25.4k shares |
| TWO SIGMA SECURITIES, LLC | Added | $7.2m22.6k shares |
| Parallax Volatility Advisers, L.P. | New | $6.4m20.0k 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 |
|---|---|
| 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 Q2 2024
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 2022 | 0 | — | 5 | $7.7m | — |
| Q4 2022 | 0 | — | 8 | $104.4m | — |
| Q1 2023 | 0 | — | 5 | $132.3m | — |
| Q2 2023 | 0 | — | 3 | $46.3m | — |
| Q3 2023 | 0 | — | 2 | $7.5m | $6.8m |
| Q4 2023 | 0 | — | 3 | $9.2m | $8.2m |
| Q1 2024 | 0 | — | 5 | $76.0m | $74.3m |
| Q2 2024 | 0 | — | 9 | $101.4m | $79.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-27 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-26 | Thompson Tommy G Director | Sold | $2.4m7.5k shares |
| 2024-06-26 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-25 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-25 | Mesa Nilda Director | Sold | $84.7k266 shares |
| 2024-06-24 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-21 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-20 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-18 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-18 | CAUSEY CHRISTOPHER Director | Sold | $912.5k3.0k shares |
| 2024-06-17 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.1m3.6k shares |
| 2024-06-17 | PATUSKY CHRISTOPHER Director | Sold | $591.0k2.0k shares |
| 2024-06-17 | Olian Judy D. Director | Sold | $502.2k1.7k shares |
| 2024-06-14 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.0m3.6k shares |
| 2024-06-13 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.0m3.6k shares |
| 2024-06-13 | CAUSEY CHRISTOPHER Director | Sold | $563.1k2.0k shares |
| 2024-06-12 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $1.0m3.6k shares |
| 2024-06-11 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $992.6k3.6k shares |
| 2024-06-10 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $986.2k3.6k shares |
| 2024-06-07 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $997.7k3.6k shares |
| 2024-06-06 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $997.1k3.6k shares |
| 2024-06-05 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $999.0k3.6k shares |
| 2024-06-04 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $984.1k3.6k shares |
| 2024-06-03 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $996.0k3.6k shares |
| 2024-05-31 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $980.9k3.6k shares |
| 2024-05-30 | ROTHBLATT MARTINE A Chairperson & CEO, director | Sold plan | $972.4k3.6k shares |
| 2024-05-29 | ROTHBLATT MARTINE A Director | Sold plan | $961.7k3.6k shares |
| 2024-05-28 | ROTHBLATT MARTINE A Director | Sold plan | $968.6k3.6k shares |
| 2024-05-24 | ROTHBLATT MARTINE A Director | Sold plan | $981.1k3.6k shares |
The latest 30 of 76 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.04% of their portfolio | 5.5m $1.7bn | Reduced -98.5k |
| VANGUARD GROUP INC 0.03% of their portfolio | 4.4m $1.4bn | Reduced -264.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.19% of their portfolio | 3.3m $1.0bn | Reduced -127.0k |
| Avoro Capital Advisors LLC 12.13% of their portfolio | 2.9m $910.7m | Unchanged |
| STATE STREET CORP 0.03% of their portfolio | 2.3m $730.8m | Added +359.1k |
| RENAISSANCE TECHNOLOGIES LLC 1.17% of their portfolio | 2.2m $692.7m | Added +23.0k |
| CITIGROUP INC 0.50% of their portfolio | 1.6m $517.8m | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 1.0m $333.6m | Added +220.2k |
| LSV ASSET MANAGEMENT 0.67% of their portfolio | 966.4k $307.8m | Added +436.9k |
| MORGAN STANLEY 0.02% of their portfolio | 807.0k $257.1m | Reduced -801.6k |
| FMR LLC 0.02% of their portfolio | 763.6k $243.3m | Reduced -254.0k |
| AQR CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 719.5k $229.2m | Reduced -127.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 586.0k $186.7m | Added +22.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.78% of their portfolio | 575.0k $183.2m | Added +1.9k |
| Pacer Advisors, Inc. 0.41% of their portfolio | 561.8k $179.0m | Added +92.2k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 539.6k $171.9m | Added +66.3k |
| Amundi 0.06% of their portfolio | 473.0k $147.1m | Added +308.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.12% of their portfolio | 438.7k $139.7m | Added +340.7k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 434.8k $138.5m | Reduced -23.5k |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 434.5k $138.4m | Reduced -30.4k |
| Swedbank AB 0.18% of their portfolio | 422.7k $134.6m | Reduced -975 |
| JANUS HENDERSON GROUP PLC 0.07% of their portfolio | 410.0k $130.6m | Reduced -225.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 387.8k $123.5m | Reduced -10.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 362.7k $115.5m | Added +48.6k |
| Invesco Ltd. 0.02% of their portfolio | 337.2k $107.4m | Reduced -105.5k |
| FIRST TRUST ADVISORS LP 0.11% of their portfolio | 331.6k $105.6m | Added +35.9k |
| LORD, ABBETT & CO. LLC 0.16% of their portfolio | 311.1k $99.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 284.5k $90.6m | Reduced -29.5k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 276.5k $88.1m | Added +91.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 268.5k $86.2m | Reduced -32.4k |
| ASSETMARK, INC 0.26% of their portfolio | 267.7k $85.3m | Reduced -2.5k |
| Palo Alto Investors LP 9.85% of their portfolio | 266.9k $85.0m | Reduced -845 |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 259.4k $82.6m | Reduced -160.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 244.0k $77.7m | Added +79.3k |
| Eversept Partners, LP 5.74% of their portfolio | 235.4k $75.0m | Reduced -15.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 234.9k $74.8m | Added +207.9k |
| LOOMIS SAYLES & CO L P 0.10% of their portfolio | 231.9k $73.9m | Reduced -20.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 226.8k $72.3m | Added +10.7k |
| Epoch Investment Partners, Inc. 0.33% of their portfolio | 226.7k $72.2m | Added +13.2k |
| California Public Employees Retirement System 0.05% of their portfolio | 220.3k $70.2m | Reduced -36.5k |
| Robeco Institutional Asset Management B.V. 0.13% of their portfolio | 189.2k $60.3m | Added +9.1k |
| Legal & General Group Plc 0.02% of their portfolio | 188.9k $60.2m | Reduced -14.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 183.9k $58.6m | Added +62.4k |
| Clark Capital Management Group, Inc. 0.41% of their portfolio | 175.9k $56.0m | Added +61.3k |
| Eagle Health Investments LP 9.54% of their portfolio | 167.5k $53.4m | Reduced -12.0k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 162.3k $51.7m | Added +31.3k |
| COMERICA BANK 0.21% of their portfolio | 160.9k $51.2m | Reduced -5.0k |
| KBC Group NV 0.15% of their portfolio | 158.3k $50.4m | Added +154.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 157.2k $50.1m | Reduced -25.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 153.2k $48.8m | Added +8.1k |
| Polaris Capital Management, LLC 2.54% of their portfolio | 148.6k $47.3m | Added +18.6k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.27% of their portfolio | 143.0k $45.6m | Added +33.0k |
| Retirement Systems of Alabama 0.17% of their portfolio | 141.9k $45.2m | Reduced -4.3k |
| Soleus Capital Management, L.P. 3.97% of their portfolio | 141.5k $45.1m | Reduced -118.2k |
| Nitorum Capital, L.P. 4.89% of their portfolio | 140.8k $44.9m | Reduced -4.1k |
| Swiss National Bank 0.03% of their portfolio | 132.4k $42.2m | Reduced -8.3k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 130.8k $41.7m | Reduced -6.9k |
| AXA S.A. 0.06% of their portfolio | 130.1k $41.4m | Added +73.2k |
| DANSKE BANK A/S 0.15% of their portfolio | 127.1k $40.5m | Added +31.6k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.72% of their portfolio | 126.8k $40.4m | Reduced -43.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 126.8k $40.4m | Added +87.9k |
| Krensavage Asset Management, LLC 17.29% of their portfolio | 118.2k $37.7m | Reduced -38.5k |
| TD Asset Management Inc 0.03% of their portfolio | 113.8k $36.2m | Added +32.2k |
| STOREBRAND ASSET MANAGEMENT AS 0.12% of their portfolio | 112.6k $35.9m | Added +423 |
| Parkman Healthcare Partners LLC 4.83% of their portfolio | 111.4k $35.5m | Reduced -16.8k |
| Poplar Forest Capital LLC 4.92% of their portfolio | 110.6k $35.2m | Reduced -300 |
| Avidity Partners Management LP 1.49% of their portfolio | 110.0k $35.0m | Reduced -107.0k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 105.7k $33.7m | Reduced -9.6k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 103.0k $32.8m | Added +59.4k |
| APG Asset Management N.V. 0.05% of their portfolio | 100.6k $29.9m | Reduced -17.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 99.8k $31.8m | Reduced -1.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 99.3k $31.6m | Added +10.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 98.8k $31.5m | Added +26.8k |
| DekaBank Deutsche Girozentrale 0.05% of their portfolio | 95.0k $30.0m | Added +1.8k |
| Assenagon Asset Management S.A. 0.07% of their portfolio | 90.6k $28.9m | Added +9.7k |
| Skandinaviska Enskilda Banken AB (publ) 0.13% of their portfolio | 87.4k $27.8m | Added +28.2k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 85.1k $27.1m | Added +21.7k |
| National Pension Service 0.03% of their portfolio | 82.3k $26.2m | New |
| UBS Group AG 0.01% of their portfolio | 81.8k $26.0m | Added +2.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 80.7k $25.7m | Added +22.2k |
| BI Asset Management Fondsmaeglerselskab A/S 0.39% of their portfolio | 75.7k $24.1m | Added +51.1k |
| Man Group plc 0.06% of their portfolio | 75.3k $24.0m | Reduced -31.2k |
| BARCLAYS PLC 0.01% of their portfolio | 74.0k $23.6m | Reduced -16.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 73.3k $23.4m | Added +2.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 72.8k $23.2m | Reduced -2.0k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.37% of their portfolio | 67.8k $21.6m | New |
| Railway Pension Investments Ltd 0.25% of their portfolio | 66.2k $21.1m | Added +56.5k |
| Rafferty Asset Management, LLC 0.08% of their portfolio | 65.4k $20.8m | Added +27.7k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 65.3k $20.8m | Added +9.7k |
| Candriam S.C.A. 0.12% of their portfolio | 64.5k $20.5m | Added +61.6k |
| GLENMEDE TRUST CO NA 0.10% of their portfolio | 64.5k $20.5m | Reduced -8.7k |
| ATWOOD & PALMER INC 1.54% of their portfolio | 63.8k $20.3m | Added +165 |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 62.9k $20.0m | Reduced -53.9k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 62.5k $19.9m | Reduced -890 |
| GLOBEFLEX CAPITAL L P 2.03% of their portfolio | 60.9k $19.4m | Added +2.0k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 59.5k $18.9m | Reduced -156.9k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 57.5k $18.3m | Reduced -63.6k |
| TOBAM 2.81% of their portfolio | 56.3k $17.9m | Reduced -52.4k |
| Corebridge Financial, Inc. 0.10% of their portfolio | 56.1k $17.9m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 55.8k $17.8m | Added +34 |