VERTEX PHARMACEUTICALS INC VRTX
COM · Common Stock · CUSIP 92532F100 · ISIN US92532F1003
American pharmaceutical company
* 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 ($550.5m this quarter). Holder counts are more reliable. Shares outstanding: 257.1m as of 2023-01-31, 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 ≈ $288.04. Options: 37 managers hold calls ($419.8m notional), 35 hold puts ($390.5m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,127 |
| Q4 2022 | 1,223 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $440.6m | $432.9m | 0.98 |
| Q4 2022 | $419.8m | $390.5m | 0.93 |
Biggest buyers
| MORGAN STANLEY | Added | +640.9k |
| JPMORGAN CHASE & CO | Added | +630.7k |
| FMR LLC | Added | +500.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +434.3k |
| VANGUARD GROUP INC | Added | +414.6k |
| JENNISON ASSOCIATES LLC | Added | +359.7k |
| Man Group plc | Added | +340.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +333.0k |
| Qube Research & Technologies Ltd | Added | +330.6k |
| UBS Group AG | Added | +322.8k |
Biggest sellers
| JANUS HENDERSON GROUP PLC | Reduced | -1.6m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| BlackRock Inc. | Reduced | -1.0m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -481.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -463.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -460.3k |
| Nuveen Asset Management, LLC | Reduced | -424.8k |
| Clearbridge Investments, LLC | Reduced | -414.7k |
| LOOMIS SAYLES & CO L P | Reduced | -399.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $93.2m322.7k shares |
| CITADEL ADVISORS LLC | Reduced | $57.5m199.1k shares |
| GOLDMAN SACHS GROUP INC | Added | $27.0m93.4k shares |
| JANE STREET GROUP, LLC | Reduced | $24.1m83.4k shares |
| GROUP ONE TRADING LLC | Reduced | $22.0m76.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $20.4m70.6k shares |
| JPMORGAN CHASE & CO | Added | $15.9m55.1k shares |
| J. Goldman & Co LP | New | $15.9m55.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $15.7m54.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.1m45.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $77.9m269.6k shares |
| CITADEL ADVISORS LLC | Reduced | $54.7m189.3k shares |
| JANE STREET GROUP, LLC | Reduced | $30.1m104.2k shares |
| GOLDMAN SACHS GROUP INC | Added | $28.6m99.2k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $25.2m87.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $24.3m84.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $20.6m71.2k shares |
| Twin Tree Management, LP | Reduced | $13.7m47.3k shares |
| GROUP ONE TRADING LLC | Reduced | $12.9m44.7k shares |
| BANK OF AMERICA CORP /DE/ | Added | $12.5m43.4k 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 |
|---|---|
| Capital World Investors 13G · institution -1.1 pts · filed 2026-05-14 | 10.1% |
| Capital Research Global Investors 13G · institution +1.5 pts · filed 2026-05-14 | 8.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
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 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 | $16.5k | — |
| Q1 2022 | 0 | — | 5 | $10.8m | — |
| Q2 2022 | 0 | — | 10 | $18.0m | — |
| Q3 2022 | 0 | — | 7 | $57.0m | — |
| Q4 2022 | 0 | — | 3 | $1.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-11-15 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $10.5k34 shares |
| 2022-11-07 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $394.9k1.3k shares |
| 2022-11-02 | Sanna Bastiano EVP, Cell & Genetic Therapies | Sold | $100.0k320 shares |
| 2022-10-24 | Bhatia Sangeeta N. Director | Sold | $192.5k621 shares |
| 2022-10-18 | Sanna Bastiano EVP, Cell & Genetic Therapies | Sold | $537.9k1.8k 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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.22% of their portfolio | 24.2m $7.0bn | Reduced -1.0m |
| VANGUARD GROUP INC 0.17% of their portfolio | 21.5m $6.2bn | Added +414.6k |
| FMR LLC 0.51% of their portfolio | 17.9m $5.2bn | Added +500.3k |
| Capital World Investors 0.79% of their portfolio | 12.8m $3.7bn | Added +244.3k |
| STATE STREET CORP 0.21% of their portfolio | 12.4m $3.6bn | Added +75.6k |
| ALLIANCEBERNSTEIN L.P. 1.18% of their portfolio | 9.1m $2.6bn | Reduced -75.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.40% of their portfolio | 6.8m $2.0bn | Reduced -1.2m |
| JPMORGAN CHASE & CO 0.22% of their portfolio | 5.5m $1.6bn | Added +630.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 5.4m $1.6bn | Added +111.1k |
| JENNISON ASSOCIATES LLC 1.50% of their portfolio | 5.1m $1.5bn | Added +359.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.22% of their portfolio | 4.7m $1.4bn | Reduced -460.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.41% of their portfolio | 4.1m $1.2bn | Reduced -235.2k |
| LOOMIS SAYLES & CO L P 2.17% of their portfolio | 3.8m $1.1bn | Reduced -399.2k |
| AMERIPRISE FINANCIAL INC 0.35% of their portfolio | 3.6m $1.0bn | Reduced -463.3k |
| Clearbridge Investments, LLC 0.99% of their portfolio | 3.5m $1.0bn | Reduced -414.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.44% of their portfolio | 2.9m $846.0m | Reduced -229.3k |
| NORTHERN TRUST CORP 0.17% of their portfolio | 2.9m $823.5m | Reduced -36.4k |
| MORGAN STANLEY 0.08% of their portfolio | 2.6m $744.6m | Added +640.9k |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 2.5m $721.1m | Reduced -30.4k |
| NORGES BANK 0.17% of their portfolio | 2.5m $708.0m | Added +163.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.89% of their portfolio | 2.2m $648.8m | Added +107.9k |
| Amundi 0.34% of their portfolio | 2.1m $622.5m | Added +304.9k |
| Bank of New York Mellon Corp 0.14% of their portfolio | 2.1m $601.3m | Added +829 |
| Legal & General Group Plc 0.23% of their portfolio | 2.0m $587.2m | Reduced -104.7k |
| DEUTSCHE BANK AG\ 0.31% of their portfolio | 1.9m $535.1m | Added +25.6k |
| Harding Loevner LP 3.06% of their portfolio | 1.8m $531.5m | Added +200.7k |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 1.7m $482.9m | Reduced -48.4k |
| Invesco Ltd. 0.14% of their portfolio | 1.6m $469.2m | Added +305.2k |
| California Public Employees Retirement System 0.38% of their portfolio | 1.5m $447.0m | Reduced -251.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio | 1.4m $408.9m | Added +28.1k |
| JANUS HENDERSON GROUP PLC 0.29% of their portfolio | 1.4m $400.1m | Reduced -1.6m |
| VOYA INVESTMENT MANAGEMENT LLC 0.40% of their portfolio | 1.2m $345.1m | Added +246.3k |
| AMERICAN CENTURY COMPANIES INC 0.27% of their portfolio | 1.1m $326.6m | Reduced -129.1k |
| Bellevue Group AG 4.20% of their portfolio | 1.1m $316.5m | Reduced -62.1k |
| Swiss National Bank 0.22% of their portfolio | 1.0m $301.0m | Reduced -66.0k |
| PICTET ASSET MANAGEMENT SA 0.41% of their portfolio | 975.0k $281.6m | Added +192.2k |
| ROYAL BANK OF CANADA 0.08% of their portfolio | 960.4k $277.4m | Added +37.2k |
| Nuveen Asset Management, LLC 0.10% of their portfolio | 910.0k $262.8m | Reduced -424.8k |
| Caisse de depot et placement du Quebec 0.81% of their portfolio | 910.0k $262.8m | Reduced -175.2k |
| MACQUARIE GROUP LTD 0.29% of their portfolio | 859.3k $248.1m | Reduced -38.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio | 854.9k $246.9m | Reduced -81.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.15% of their portfolio | 838.9k $242.3m | Added +87.0k |
| Allianz Asset Management GmbH 0.51% of their portfolio | 802.3k $231.7m | Reduced -78.5k |
| FRANKLIN RESOURCES INC 0.12% of their portfolio | 792.0k $228.7m | Reduced -140.9k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 780.5k $225.4m | Reduced -83.8k |
| LORD, ABBETT & CO. LLC 0.40% of their portfolio | 768.0k $221.8m | Added +213.4k |
| Impax Asset Management Group plc 0.99% of their portfolio | 764.0k $220.2m | Added +66.3k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 748.9k $216.3m | Reduced -29.3k |
| Assenagon Asset Management S.A. 0.88% of their portfolio | 739.0k $213.4m | Added +76.8k |
| Mayflower Financial Advisors, LLC 0.16% of their portfolio | 729.5k $1.2m | Reduced -186 |
| PRUDENTIAL FINANCIAL INC 0.33% of their portfolio | 680.5k $196.5m | Reduced -38.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.70% of their portfolio | 672.8k $194.3m | Added +270.9k |
| Swedbank AB 0.41% of their portfolio | 637.4k $184.1m | Added +4.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 1.24% of their portfolio | 636.0k $183.7m | Added +434.3k |
| BARCLAYS PLC 0.15% of their portfolio | 611.8k $176.7m | First filing |
| UBS Group AG 0.08% of their portfolio | 605.6k $174.9m | Added +322.8k |
| AQR CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 587.6k $168.5m | Added +93.1k |
| Man Group plc 0.60% of their portfolio | 576.4k $166.5m | Added +340.7k |
| CREDIT SUISSE AG/ 0.17% of their portfolio | 552.6k $159.6m | Reduced -23.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 495.4k $143.1m | Reduced -28.1k |
| HSBC HOLDINGS PLC 0.18% of their portfolio | 488.6k $140.8m | Added +176.7k |
| CITIGROUP INC 0.20% of their portfolio | 484.5k $139.9m | Added +1.3k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.79% of their portfolio | 478.1k $138.1m | Reduced -26.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.19% of their portfolio | 472.7k $136.5m | Added +2.2k |
| Robeco Institutional Asset Management B.V. 0.39% of their portfolio | 472.0k $136.3m | Added +132.9k |
| Candriam S.C.A. 0.91% of their portfolio | 469.1k $135.5m | Reduced -15.4k |
| NATIXIS ADVISORS, LLC 0.51% of their portfolio | 467.3k $135.0m | Reduced -41.1k |
| Allspring Global Investments Holdings, LLC 0.22% of their portfolio | 452.6k $130.7m | Reduced -24.6k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.71% of their portfolio | 449.9k $129.9m | Reduced -2.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.63% of their portfolio | 447.0k $129.1m | Added +12.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 437.0k $126.2m | Added +7.0k |
| DekaBank Deutsche Girozentrale 0.33% of their portfolio | 433.6k $124.9m | Added +10.9k |
| Qube Research & Technologies Ltd 0.74% of their portfolio | 427.5k $123.5m | Added +330.6k |
| Ensign Peak Advisors, Inc 0.28% of their portfolio | 427.4k $123.4m | Added +31.7k |
| RHUMBLINE ADVISERS 0.17% of their portfolio | 426.7k $123.2m | Added +18.6k |
| APG Asset Management N.V. 0.23% of their portfolio | 418.6k $120.9m | Reduced -102.6k |
| National Pension Service 0.24% of their portfolio | 416.1k $120.2m | Added +10.2k |
| MARSHALL WACE, LLP 0.31% of their portfolio | 410.0k $118.4m | Added +136.2k |
| Skandinaviska Enskilda Banken AB (publ) 0.88% of their portfolio | 406.5k $117.4m | Added +54.8k |
| FRED ALGER MANAGEMENT, LLC 0.63% of their portfolio | 404.9k $116.9m | Reduced -122.8k |
| ASSETMARK, INC 0.50% of their portfolio | 401.7k $116.0m | Added +13.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.59% of their portfolio | 384.9k $111.1m | Reduced -9.7k |
| TD Asset Management Inc 0.14% of their portfolio | 380.0k $109.7m | Reduced -59.6k |
| RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio | 372.3k $107.5m | Added +8.6k |
| Russell Investments Group, Ltd. 0.22% of their portfolio | 369.5k $106.7m | Added +45.4k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 368.0k $107.2m | Added +92.5k |
| Korea Investment CORP 0.33% of their portfolio | 358.3k $103.5m | Added +2.3k |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 350.0k $101.1m | Reduced -10.9k |
| AXA S.A. 0.36% of their portfolio | 343.7k $99.3m | Reduced -211.3k |
| Epoch Investment Partners, Inc. 0.58% of their portfolio | 337.2k $97.4m | Reduced -117.8k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 336.6k $97.2m | Added +333.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 331.1k $95.6m | Reduced -25.0k |
| Handelsbanken Fonder AB 0.60% of their portfolio | 330.8k $95.5m | Reduced -26.1k |
| Tekla Capital Management LLC 3.60% of their portfolio | 330.3k $95.4m | Added +16.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 310.0k $89.5m | Reduced -5.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.22% of their portfolio | 308.8k $89.2m | Reduced -2.3k |
| Mirae Asset Global Investments Co., Ltd. 0.23% of their portfolio | 305.8k $88.3m | Reduced -14.1k |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 301.1k $87.0m | Added +35.3k |
| DNB Asset Management AS 0.61% of their portfolio | 299.8k $86.6m | Reduced -16.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.13% of their portfolio | 299.4k $85.9m | Added +26.6k |