VAXCYTE INC PCVX
COM · Common Stock · CUSIP 92243G108 · ISIN US92243G1085
- SectorHealth care
- IndustryBiological Products, (No Diagnostic Substances)
- HeadquartersSan Carlos, CA
- 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 ($6.8m this quarter). Holder counts are more reliable. Shares outstanding: 144.4m as of 2026-05-04, 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 ≈ $58.06. Options: 12 managers hold calls ($64.8m notional), 8 hold puts ($102.7m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 126 |
| Q4 2022 | 199 |
| Q1 2023 | 190 |
| Q2 2023 | 199 |
| Q3 2023 | 204 |
| Q4 2023 | 225 |
| Q1 2024 | 253 |
| Q2 2024 | 267 |
| Q3 2024 | 329 |
| Q4 2024 | 324 |
| Q1 2025 | 317 |
| Q2 2025 | 297 |
| Q3 2025 | 287 |
| Q4 2025 | 296 |
| Q1 2026 | 336 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 151 | 102 |
| Q3 2024 | 208 | 108 |
| Q4 2024 | 185 | 151 |
| Q1 2025 | 181 | 159 |
| Q2 2025 | 189 | 150 |
| Q3 2025 | 137 | 146 |
| Q4 2025 | 137 | 151 |
| Q1 2026 | 188 | 106 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $12.0m | $5.4m | 0.45 |
| Q3 2025 | $20.9m | $4.3m | 0.20 |
| Q4 2025 | $6.3m | $10.8m | 1.70 |
| Q1 2026 | $64.8m | $102.7m | 1.58 |
Biggest buyers
| JANUS HENDERSON GROUP PLC | Added | +3.2m |
| FMR LLC | Added | +2.7m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Added | +1.3m |
| Bellevue Group AG | New | +1.2m |
| JENNISON ASSOCIATES LLC | Added | +1.0m |
| BAUPOST GROUP LLC/MA | New | +800.0k |
| RA CAPITAL MANAGEMENT, L.P. | Added | +750.0k |
| BlackRock, Inc. | Added | +725.4k |
| Paradigm Biocapital Advisors LP | Added | +725.0k |
| Assenagon Asset Management S.A. | Added | +620.1k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -5.9m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -1.4m |
| D. E. Shaw & Co., Inc. | Reduced | -765.7k |
| STATE STREET CORP | Reduced | -539.5k |
| EcoR1 Capital, LLC | Sold out | -450.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -351.7k |
| Logos Global Management LP | Reduced | -350.0k |
| CITADEL ADVISORS LLC | Sold out | -326.6k |
| TANG CAPITAL MANAGEMENT LLC | Sold out | -275.0k |
| Eversept Partners, LP | Reduced | -273.5k |
Biggest calls
| Caption Management, LLC | Added | $17.6m303.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.0m275.3k shares |
| JANE STREET GROUP, LLC | Added | $13.7m234.9k shares |
| CITADEL ADVISORS LLC | Added | $5.5m94.8k shares |
| HRT FINANCIAL LP | New | $3.1m53.3k shares |
| DIADEMA PARTNERS LP | New | $3.1m53.1k shares |
| Nantahala Capital Management, LLC | Unchanged | $2.0m35.2k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $1.5m25.1k shares |
| TUDOR INVESTMENT CORP ET AL | New | $1.2m20.0k shares |
| GROUP ONE TRADING LLC | New | $755.4k13.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $33.3m573.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $25.3m435.4k shares |
| Caption Management, LLC | Added | $23.3m400.2k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $11.7m201.3k shares |
| CITADEL ADVISORS LLC | Added | $6.0m102.8k shares |
| SIMPLEX TRADING, LLC | Added | $2.6m44.7k shares |
| GROUP ONE TRADING LLC | Added | $482.3k8.3k shares |
| Walleye Capital LLC | New | $127.8k2.2k 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 |
|---|---|
| FMR LLC 13G · institution +3.0 pts · filed 2026-08-06 | 14.4% |
| Janus Henderson Group Ltd. 13G · institution +12.0 pts · filed 2026-08-11 | 12.1% |
| RA CAPITAL MANAGEMENT, L.P. 13G · passive investor -1.0 pts · filed 2026-05-15 | 8.9% |
| T. Rowe Price Investment Management, Inc. 13G · institution +2.2 pts · filed 2026-02-17 | 8.6% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 5 | $7.6m | $7.6m |
| Q3 2024 | 0 | — | 6 | $10.3m | $10.3m |
| Q4 2024 | 0 | — | 4 | $21.4m | $21.4m |
| Q1 2025 | 0 | — | 4 | $5.1m | $5.1m |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 2 | $1.0m | — |
| Q1 2026 | 0 | — | 2 | $687.1k | $687.1k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-17 | Cowan Elvia SVP, Finance & CAO | Sold plan | $105.2k1.9k shares |
| 2026-03-11 | Cowan Elvia SVP, Finance & CAO | Sold plan | $146.5k2.5k shares |
| 2026-03-10 | Wassil Jim CHIEF OPERATING OFFICER | Sold plan | $435.4k7.4k shares |
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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| JANUS HENDERSON GROUP PLC 0.46% of their portfolio | 16.6m $960.2m | Added +3.2m |
| FMR LLC 0.05% of their portfolio | 16.5m $958.4m | Added +2.7m |
| T. Rowe Price Investment Management, Inc. 0.49% of their portfolio | 12.1m $704.6m | Reduced -5.9m |
| RA CAPITAL MANAGEMENT, L.P. 7.07% of their portfolio | 11.5m $666.8m | Added +750.0k |
| BlackRock, Inc. 0.01% of their portfolio | 11.0m $637.6m | Added +725.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 6.3m $364.9m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 6.3m $364.2m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 5.6m $326.3m | Reduced -351.7k |
| Paradigm Biocapital Advisors LP 5.69% of their portfolio | 4.8m $278.5m | Added +725.0k |
| STATE STREET CORP 0.01% of their portfolio | 4.4m $258.0m | Reduced -539.5k |
| Deep Track Capital, LP 5.16% of their portfolio | 4.3m $249.9m | Added +300.0k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.89% of their portfolio | 3.6m $211.9m | Added +106.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.2m $186.1m | Added +335.0k |
| Kynam Capital Management, LP 10.78% of their portfolio | 2.9m $169.8m | Unchanged |
| D. E. Shaw & Co., Inc. 0.13% of their portfolio | 2.9m $166.5m | Reduced -765.7k |
| Caligan Partners LP 8.47% of their portfolio | 2.1m $119.7m | Added +355.9k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 1.7m $98.7m | Added +1.0m |
| Polar Capital Holdings Plc 0.36% of their portfolio | 1.4m $82.9m | Reduced -247.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.4m $81.6m | Added +110.1k |
| MAVERICK CAPITAL LTD 0.93% of their portfolio | 1.4m $80.1m | Added +23.5k |
| EVENTIDE ASSET MANAGEMENT, LLC 1.32% of their portfolio | 1.4m $79.8m | Added +457.2k |
| Pivotal bioVenture Partners Investment Advisor LLC 28.51% of their portfolio | 1.4m $79.8m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 1.3m $77.7m | Added +243.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $74.1m | Added +196.9k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.43% of their portfolio | 1.3m $73.3m | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $70.7m | Added +515.2k |
| Bellevue Group AG 1.65% of their portfolio | 1.2m $69.2m | New |
| Assenagon Asset Management S.A. 0.11% of their portfolio | 1.2m $67.7m | Added +620.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $66.5m | Added +110.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $55.4m | Reduced -77.2k |
| Aberdeen Group plc 0.09% of their portfolio | 979.0k $56.9m | Reduced -796 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 976.4k $56.7m | Reduced -198.9k |
| Eversept Partners, LP 3.54% of their portfolio | 924.2k $53.7m | Reduced -273.5k |
| Capital Research Global Investors 0.01% of their portfolio | 912.7k $53.0m | Added +69.7k |
| NOVO HOLDINGS A/S 4.05% of their portfolio | 860.0k $50.0m | Reduced -56.2k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 842.3k $48.9m | First filing |
| Saturn V Capital Management LP 8.68% of their portfolio | 824.5k $47.9m | Added +25.6k |
| BAUPOST GROUP LLC/MA 0.91% of their portfolio | 800.0k $46.5m | New |
| MORGAN STANLEY 0.00% of their portfolio | 735.9k $42.8m | Reduced -99.5k |
| Pictet Asset Management Holding SA 0.04% of their portfolio | 700.3k $40.7m | Reduced -181.1k |
| Trails Edge Capital Partners, LP 9.06% of their portfolio | 662.5k $38.5m | Reduced -75.0k |
| Jones Hill Capital LP 8.03% of their portfolio | 644.8k $37.5m | First filing |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 620.4k $36.1m | Added +458.8k |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 566.8k $32.9m | Added +43.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.70% of their portfolio | 522.0k $30.3m | Added +24.3k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 514.6k $29.9m | Added +487.7k |
| BROWN ADVISORY INC 0.05% of their portfolio | 511.7k $29.7m | Reduced -55.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 501.9k $29.2m | Reduced -47.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 474.5k $27.6m | Added +25.2k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 473.4k $27.5m | Added +137.2k |
| Ensign Peak Advisors, Inc 0.05% of their portfolio | 445.9k $25.9m | Reduced -81.8k |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 435.6k $25.3m | Added +190.8k |
| Ikarian Capital, LLC 3.56% of their portfolio | 428.7k $24.9m | Added +50.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 410.6k $23.9m | Added +21.6k |
| Soleus Capital Management, L.P. 0.91% of their portfolio | 385.5k $22.4m | Reduced -223.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 375.8k $21.8m | Added +184.0k |
| ALGERT GLOBAL LLC 0.32% of their portfolio | 364.0k $21.2m | Added +296.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 355.9k $20.7m | Reduced -1.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 350.0k $20.3m | Reduced -1.4m |
| Boxer Capital Management, LLC 2.48% of their portfolio | 325.0k $18.9m | New |
| Nuveen, LLC 0.01% of their portfolio | 320.8k $18.6m | Added +13.6k |
| Elmind Capital, LP 5.22% of their portfolio | 316.5k $18.4m | Added +25.0k |
| Candriam S.C.A. 0.10% of their portfolio | 315.0k $18.3m | New |
| TD Asset Management Inc 0.01% of their portfolio | 312.8k $18.2m | Reduced -51.0k |
| Logos Global Management LP 0.90% of their portfolio | 300.0k $17.4m | Reduced -350.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 299.7k $17.4m | Reduced -43.2k |
| Artisan Partners Limited Partnership 0.03% of their portfolio | 297.4k $17.3m | Reduced -6.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 293.7k $17.1m | Reduced -130.6k |
| Rosalind Advisors, Inc. 6.90% of their portfolio | 290.0k $16.9m | New |
| Woodline Partners LP 0.06% of their portfolio | 274.7k $16.0m | Unchanged |
| FRED ALGER MANAGEMENT, LLC 0.07% of their portfolio | 270.1k $15.7m | Added +212.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 260.4k $14.6m | Added +74.5k |
| ADAR1 Capital Management, LLC 0.90% of their portfolio | 259.1k $15.1m | Reduced -56.5k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 252.9k $14.7m | Reduced -26.7k |
| Spruce Street Capital LP 3.43% of their portfolio | 245.7k $14.3m | Reduced -154.7k |
| University of Wisconsin Foundation 12.37% of their portfolio | 239.7k $13.9m | Reduced -7.3k |
| Nantahala Capital Management, LLC 0.87% of their portfolio | 238.7k $13.9m | New |
| Swiss National Bank 0.01% of their portfolio | 233.1k $13.5m | Added +2.7k |
| Freestone Grove Partners LP 0.09% of their portfolio | 224.7k $13.1m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 224.5k $13.0m | Added +173.8k |
| C WorldWide Group Holding A/S 0.24% of their portfolio | 195.0k $11.3m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 184.0k $10.7m | Added +42.8k |
| SEGALL BRYANT & HAMILL, LLC 0.15% of their portfolio | 183.9k $10.7m | Reduced -9.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 158.8k $9.2m | Added +7.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 151.6k $8.8m | Added +7.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 145.4k $8.4m | Reduced -61.7k |
| SILVERARC CAPITAL MANAGEMENT, LLC 0.99% of their portfolio | 145.0k $8.4m | Reduced -3.8k |
| First Light Asset Management, LLC 0.74% of their portfolio | 141.8k $8.2m | New |
| Creative Planning 0.01% of their portfolio | 140.2k $8.1m | Added +37.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 137.1k $6.3m | Added +3.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 136.1k $7.9m | Added +25.2k |
| CITIGROUP INC 0.00% of their portfolio | 132.2k $7.7m | Reduced -109.7k |
| Seven Fleet Capital Management LP 2.35% of their portfolio | 128.4k $7.5m | Added +103.1k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 128.4k $7.5m | New |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 125.8k $7.3m | New |
| HighVista Strategies LLC 2.00% of their portfolio | 124.6k $7.2m | Added +10.6k |
| NAN FUNG TRINITY (HK) LTD 0.78% of their portfolio | 122.9k $7.1m | Reduced -20.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 121.3k $7.0m | Added +4.5k |
| STEMPOINT CAPITAL LP 0.66% of their portfolio | 118.1k $6.9m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 112.6k $6.2m | New |