Vault-13

VALNEVA SE VALN

SPONSORED ADS · ADR · CUSIP 92025Y103

19 institutional holders +4 vs Q1 2025
4,521,0594.5m shares reported held*
$25.6mreported value*
4 new 5 added 3 reduced 0 sold out net bought ≈ $21.8m (+3.8m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $5.66.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 11Q4 22: 11Q1 23: 12Q2 23: 12Q3 23: 11Q4 23: 10Q1 24: 12Q2 24: 12Q3 24: 11Q4 24: 13Q1 25: 15Q2 25: 1919Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202211
Q4 202211
Q1 202312
Q2 202312
Q3 202311
Q4 202310
Q1 202412
Q2 202412
Q3 202411
Q4 202413
Q1 202515
Q2 202519

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q3 23: 4 bought or addedQ3 23: 5 cut or sold outQ4 23: 3 bought or addedQ4 23: 2 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 2 cut or sold outQ2 24: 4 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 4 bought or addedQ3 24: 2 cut or sold outQ4 24: 3 bought or addedQ4 24: 3 cut or sold outQ4 24Q1 25: 7 bought or addedQ1 25: 4 cut or sold outQ2 25: 9 bought or addedQ2 25: 3 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202345
Q4 202332
Q1 202462
Q2 202443
Q3 202442
Q4 202433
Q1 202574
Q2 202593

Biggest buyers

NOVO HOLDINGS A/S New +2,375,000+2.4m
Frazier Life Sciences Management, L.P. New +1,458,333+1.5m
CITADEL ADVISORS LLC Added +8,519+8.5k
MORGAN STANLEY Added +2,832+2.8k
WELLS FARGO & COMPANY/MN Added +1,959+2.0k
OSAIC HOLDINGS, INC. Added +555+555
IRONWOOD INVESTMENT MANAGEMENT LLC Added +113+113
EverSource Wealth Advisors, LLC New +93+93
RAYMOND JAMES FINANCIAL INC New +41+41

Biggest sellers

GAMMA Investing LLC Reduced -701-701
RHUMBLINE ADVISERS Reduced -123-123
UBS Group AG Reduced -36-36

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
Bpifrance Participations SA 13D · may seek influence -1.2 pts · filed 2026-05-12
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: The Issuer completed an EUR84 million reserved offering subscribed by a limited number of investors which is expected to close on May 5, 2026 (the "Reserved Offering"). In the Reserved Offering, the Issuer issued 15,893,817 new ordinary shares (the "New Shares"), and one share warrant is attached to each New Share. The Reporting Persons did not participate in the Reserved Offering. The New Shares issued in the Reserved Offering represented an increase in the share capital of the Issuer which resulted in a dilution of the Reporting Persons' holdings. In the past 60 days, Bpifrance Participations sold 356,003 Ordinary Shares. Bpifrance Participations sold the amount of Ordinary Shares on the date and at the price set… Full filing
 9.3% -1.2 pts 19.1m 2026-05-12

Fell to 5% or below in the last year: Frazier Life Sciences Public Fund, L.P. (3.6%, 2026-05-12)

Insider purchases and sales in Q2 2025

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.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NOVO HOLDINGS A/S 0.95% of their portfolio HELLERUP, G7 2,375,0002.4m $13.5m $13.5m 0.95% New
2 Frazier Life Sciences Management, L.P. 0.33% of their portfolio PALO ALTO, CA 1,458,3331.5m $8.2m $8.2m 0.33% New
3 GENERAL AMERICAN INVESTORS CO INC 0.13% of their portfolio NEW YORK, NY 354,361354.4k $2.0m $2.0m 0.13% Unchanged
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 245,177245.2k $1.4m $1.4m 0.00% Added +2.0k +1,959
5 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 35,73835.7k $201.9k $201.9k 0.00% Added +8.5k +8,519
6 IRONWOOD INVESTMENT MANAGEMENT LLC 0.07% of their portfolio BOSTON, MA 25,13525.1k $142.5k $142.5k 0.07% Added +113 +113
7 Marex Group Ltd 0.00% of their portfolio London, X0 11,30011.3k $64.1k $64.1k 0.00% Unchanged
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8,0368.0k $45.6k $45.6k 0.00% Added +2.8k +2,832
9 VSM Wealth Advisory, LLC 0.01% of their portfolio HUNT VALLEY, MD 4,0004.0k $22.7k $22.7k 0.01% Unchanged
10 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,8551.9k $10.5k $10.5k 0.00% Added +555 +555
11 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 1,3801.4k $7.8k $7.8k 0.00% Reduced -701 -701
12 Ridgewood Investments LLC 0.00% of their portfolio SPRINGFIELD, NJ 550550 $3.1k $3.1k 0.00% Unchanged
13 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 9393 $527 $527 0.00% New
14 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 5151 $288 $288 0.00% Reduced -123 -123
15 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 4141 $232 $232 0.00% New
16 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 77 $40 $40 0.00% Unchanged
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 11 $6 $6 0.00% Reduced -36 -36
18 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 11 $6 $6 0.00% Unchanged
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged