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 ($495.1m this quarter). Holder counts are more reliable. Shares outstanding: 257.6m as of 2023-04-25, 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 ≈ $312.93. Options: 34 managers hold calls ($447.3m notional), 27 hold puts ($355.3m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,127 |
| Q4 2022 | 1,223 |
| Q1 2023 | 1,212 |
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 | 567 | 503 |
| Q1 2023 | 558 | 559 |
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 |
| Q1 2023 | $447.3m | $355.3m | 0.79 |
Biggest buyers
| FMR LLC | Added | +14.7m |
| Capital World Investors | Added | +3.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.9m |
| ENVESTNET ASSET MANAGEMENT INC | Added | +1.2m |
| JPMORGAN CHASE & CO | Added | +870.4k |
| Capital Research Global Investors | New | +809.9k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +690.0k |
| Winslow Capital Management, LLC | New | +488.0k |
| Artisan Partners Limited Partnership | Added | +453.1k |
| Man Group plc | New | +353.3k |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -849.0k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -696.3k |
| Man Group plc | Sold out | -576.4k |
| JENNISON ASSOCIATES LLC | Reduced | -535.7k |
| Qube Research & Technologies Ltd | Sold out | -427.5k |
| LOOMIS SAYLES & CO L P | Reduced | -387.5k |
| LORD, ABBETT & CO. LLC | Reduced | -386.8k |
| BlackRock Inc. | Reduced | -334.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -329.5k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -285.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $87.7m278.2k shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | New | $66.8m213.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $44.6m141.4k shares |
| CITADEL ADVISORS LLC | Reduced | $39.4m124.9k shares |
| GOLDMAN SACHS GROUP INC | Added | $34.2m108.7k shares |
| JANE STREET GROUP, LLC | Added | $29.2m92.6k shares |
| GROUP ONE TRADING LLC | Reduced | $23.3m74.1k shares |
| BANK OF AMERICA CORP /DE/ | Added | $18.7m59.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $15.9m505 shares |
| IMC-Chicago, LLC | Added | $13.5m43.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $79.2m251.4k shares |
| CITADEL ADVISORS LLC | Reduced | $48.6m154.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $42.9m136.3k shares |
| GOLDMAN SACHS GROUP INC | Added | $35.9m114.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $19.6m62.1k shares |
| JANE STREET GROUP, LLC | Reduced | $17.4m55.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $15.2m48.4k shares |
| IMC-Chicago, LLC | Added | $14.9m47.2k shares |
| UBS Group AG | New | $12.9m40.8k shares |
| HSBC HOLDINGS PLC | Added | $10.2m32.5k 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 Q1 2023
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 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 | — |
| Q1 2023 | 0 | — | 10 | $27.8m | $2.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-24 | WAGNER CHARLES F JR EVP & Chief Financial Officer | Sold plan | $539.9k1.8k shares |
| 2023-03-17 | WAGNER CHARLES F JR EVP & Chief Financial Officer | Sold plan | $592.8k2.0k shares |
| 2023-03-16 | Sanna Bastiano EVP, Cell & Genetic Therapies | Sold plan | $825.4k2.7k shares |
| 2023-03-13 | WAGNER CHARLES F JR EVP & Chief Financial Officer | Sold | $783.3k2.7k shares |
| 2023-03-10 | WAGNER CHARLES F JR EVP & Chief Financial Officer | Sold | $604.7k2.1k shares |
| 2023-02-27 | Arbuckle Stuart A EVP, COO | Sold | $1.4m5.0k shares |
| 2023-02-27 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $1.2m4.2k shares |
| 2023-02-27 | Ambrose Kristen SVP & Chief Accounting Officer | Sold | $347.1k1.2k shares |
| 2023-02-27 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold | $101.8k354 shares |
| 2023-02-22 | Arbuckle Stuart A EVP, COO | Sold | $706.7k2.4k shares |
| 2023-02-21 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $1.2m4.0k shares |
| 2023-02-21 | Arbuckle Stuart A EVP, COO | Sold | $705.6k2.4k shares |
| 2023-02-21 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold | $141.0k480 shares |
| 2023-02-14 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $1.9m6.4k shares |
| 2023-02-14 | Arbuckle Stuart A EVP, COO | Sold | $1.9m6.4k shares |
| 2023-02-14 | Sanna Bastiano EVP, Cell & Genetic Therapies | Sold | $655.2k2.2k shares |
| 2023-02-14 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold | $95.5k320 shares |
| 2023-02-13 | Arbuckle Stuart A EVP, COO | Sold | $1.5m4.9k shares |
| 2023-02-13 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $1.4m4.8k shares |
| 2023-02-13 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold | $82.2k275 shares |
| 2023-02-13 | Sanna Bastiano EVP, Cell & Genetic Therapies | Sold | $33.9k113 shares |
| 2023-02-06 | ALTSHULER DAVID EVP, Global Research and CSO | Sold | $399.0k1.3k shares |
| 2023-01-31 | SACHS BRUCE I Director | Sold | $390.0k1.2k shares |
| 2023-01-31 | Sanna Bastiano EVP, Cell & Genetic Therapies | Sold | $34.5k106 shares |
| 2023-01-30 | CARNEY LLOYD Director | Sold | $865.4k2.7k shares |
| 2023-01-27 | Lee Yuchun Director | Sold | $460.2k1.4k shares |
| 2023-01-26 | Lee Yuchun Director | Sold | $1.3m4.0k shares |
| 2023-01-25 | Kewalramani Reshma CEO & President, director | Sold | $3.2m10.0k shares |
| 2023-01-25 | Lee Yuchun Director | Sold | $1.3m4.0k shares |
| 2023-01-24 | Lee Yuchun Director | Sold | $1.3m4.0k shares |
The latest 30 of 33 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, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.47% of their portfolio | 32.6m $10.3bn | Added +14.7m |
| BlackRock Inc. 0.22% of their portfolio | 23.9m $7.5bn | Reduced -334.8k |
| VANGUARD GROUP INC 0.18% of their portfolio | 21.8m $6.9bn | Added +299.2k |
| Capital World Investors 1.05% of their portfolio | 16.1m $5.1bn | Added +3.4m |
| STATE STREET CORP 0.22% of their portfolio | 12.2m $3.8bn | Reduced -163.0k |
| ALLIANCEBERNSTEIN L.P. 1.13% of their portfolio | 8.4m $2.6bn | Reduced -696.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.47% of their portfolio | 7.5m $2.4bn | Added +690.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.31% of their portfolio | 6.6m $2.1bn | Added +1.9m |
| JPMORGAN CHASE & CO 0.26% of their portfolio | 6.4m $2.0bn | Added +870.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 5.4m $1.7bn | Added +26.5k |
| JENNISON ASSOCIATES LLC 1.32% of their portfolio | 4.6m $1.4bn | Reduced -535.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.44% of their portfolio | 4.0m $1.3bn | Reduced -66.5k |
| AMERIPRISE FINANCIAL INC 0.35% of their portfolio | 3.4m $1.1bn | Reduced -188.8k |
| LOOMIS SAYLES & CO L P 1.84% of their portfolio | 3.4m $1.1bn | Reduced -387.5k |
| Clearbridge Investments, LLC 1.00% of their portfolio | 3.3m $1.1bn | Reduced -148.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.43% of their portfolio | 2.8m $885.9m | Reduced -117.7k |
| NORTHERN TRUST CORP 0.17% of their portfolio | 2.8m $874.9m | Reduced -74.9k |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 2.6m $814.5m | Added +88.1k |
| NORGES BANK 0.17% of their portfolio | 2.5m $796.8m | Added +77.4k |
| MORGAN STANLEY 0.08% of their portfolio | 2.4m $741.4m | Reduced -225.4k |
| Legal & General Group Plc 0.24% of their portfolio | 2.1m $657.3m | Added +53.0k |
| Amundi 0.35% of their portfolio | 2.0m $656.4m | Reduced -91.3k |
| Bank of New York Mellon Corp 0.14% of their portfolio | 2.0m $642.1m | Reduced -44.4k |
| Invesco Ltd. 0.16% of their portfolio | 1.9m $586.5m | Added +236.5k |
| Harding Loevner LP 3.28% of their portfolio | 1.8m $575.5m | Reduced -13.9k |
| DEUTSCHE BANK AG\ 0.31% of their portfolio | 1.8m $553.3m | Reduced -96.9k |
| GOLDMAN SACHS GROUP INC 0.15% of their portfolio | 1.7m $539.3m | Added +39.4k |
| California Public Employees Retirement System 0.41% of their portfolio | 1.5m $466.2m | Reduced -68.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.5m $92.7m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 1.4m $454.7m | Added +27.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.58% of their portfolio | 1.4m $440.4m | Reduced -849.0k |
| JANUS HENDERSON GROUP PLC 0.28% of their portfolio | 1.4m $430.6m | Reduced -18.8k |
| PICTET ASSET MANAGEMENT SA 0.46% of their portfolio | 1.2m $370.6m | Added +201.3k |
| AMERICAN CENTURY COMPANIES INC 0.29% of their portfolio | 1.2m $362.3m | Added +19.9k |
| Bellevue Group AG 5.24% of their portfolio | 1.1m $361.0m | Added +49.7k |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 1.1m $354.7m | Added +165.2k |
| Swiss National Bank 0.22% of their portfolio | 1.0m $321.0m | Reduced -23.6k |
| Caisse de depot et placement du Quebec 0.91% of their portfolio | 1.0m $319.2m | Added +103.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio | 912.3k $287.4m | Added +73.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.31% of their portfolio | 909.2k $286.5m | Reduced -285.9k |
| Nuveen Asset Management, LLC 0.11% of their portfolio | 908.3k $286.2m | Reduced -1.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.20% of their portfolio | 845.2k $266.3m | Reduced -9.7k |
| Capital Research Global Investors 0.07% of their portfolio | 809.9k $255.2m | New |
| Allianz Asset Management GmbH 0.52% of their portfolio | 787.0k $248.0m | Reduced -15.3k |
| WELLS FARGO & COMPANY/MN 0.08% of their portfolio | 782.1k $246.4m | Added +33.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.84% of their portfolio | 769.6k $242.5m | Added +96.8k |
| MACQUARIE GROUP LTD 0.29% of their portfolio | 766.4k $241.5m | Reduced -92.9k |
| FRANKLIN RESOURCES INC 0.12% of their portfolio | 763.9k $240.7m | Reduced -28.1k |
| Impax Asset Management Group plc 1.00% of their portfolio | 762.3k $239.7m | Reduced -1.7k |
| Ensign Peak Advisors, Inc 0.51% of their portfolio | 749.4k $236.1m | Added +322.0k |
| Mayflower Financial Advisors, LLC 0.16% of their portfolio | 729.6k $1.2m | Added +83 |
| Artisan Partners Limited Partnership 0.34% of their portfolio | 641.6k $202.1m | Added +453.1k |
| Swedbank AB 0.39% of their portfolio | 631.1k $198.8m | Reduced -6.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 1.20% of their portfolio | 622.4k $196.1m | Reduced -13.6k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 620.8k $195.6m | Reduced -159.7k |
| Assenagon Asset Management S.A. 0.77% of their portfolio | 618.8k $195.0m | Reduced -120.2k |
| AQR CAPITAL MANAGEMENT LLC 0.40% of their portfolio | 571.5k $180.1m | Reduced -16.1k |
| CREDIT SUISSE AG/ 0.18% of their portfolio | 564.1k $177.7m | Added +11.5k |
| HSBC HOLDINGS PLC 0.23% of their portfolio | 563.3k $177.4m | Added +74.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.19% of their portfolio | 546.5k $172.2m | Added +51.1k |
| UBS Group AG 0.08% of their portfolio | 542.1k $170.8m | Reduced -63.4k |
| ASSETMARK, INC 0.70% of their portfolio | 538.8k $169.8m | Added +137.1k |
| PRUDENTIAL FINANCIAL INC 0.26% of their portfolio | 533.8k $168.2m | Reduced -146.6k |
| Winslow Capital Management, LLC 0.78% of their portfolio | 488.0k $153.7m | New |
| National Pension Service 0.27% of their portfolio | 476.9k $148.9m | Added +60.8k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.85% of their portfolio | 475.4k $149.8m | Reduced -2.7k |
| NATIXIS ADVISORS, LLC 0.50% of their portfolio | 463.0k $145.9m | Reduced -4.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.19% of their portfolio | 461.8k $145.5m | Reduced -10.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.64% of their portfolio | 457.2k $144.0m | Added +10.1k |
| DekaBank Deutsche Girozentrale 0.35% of their portfolio | 452.4k $141.0m | Added +18.8k |
| RHUMBLINE ADVISERS 0.18% of their portfolio | 450.4k $141.9m | Added +23.7k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.73% of their portfolio | 448.2k $141.2m | Reduced -1.7k |
| Robeco Institutional Asset Management B.V. 0.38% of their portfolio | 446.8k $140.8m | Reduced -25.1k |
| Skandinaviska Enskilda Banken AB (publ) 0.98% of their portfolio | 444.0k $139.9m | Added +37.5k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 437.4k $138.0m | Added +69.4k |
| BARCLAYS PLC 0.14% of their portfolio | 436.1k $137.4m | Reduced -175.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 433.1k $136.5m | Reduced -3.9k |
| CITIGROUP INC 0.18% of their portfolio | 424.9k $133.9m | Reduced -59.6k |
| Allspring Global Investments Holdings, LLC 0.21% of their portfolio | 407.3k $128.3m | Reduced -45.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.61% of their portfolio | 395.0k $124.4m | Added +10.1k |
| MARSHALL WACE, LLP 0.30% of their portfolio | 393.1k $123.9m | Reduced -16.9k |
| Epoch Investment Partners, Inc. 0.73% of their portfolio | 391.4k $123.3m | Added +54.2k |
| Candriam S.C.A. 0.79% of their portfolio | 390.9k $113.4m | Reduced -78.2k |
| TD Asset Management Inc 0.15% of their portfolio | 386.6k $121.8m | Added +6.6k |
| Russell Investments Group, Ltd. 0.24% of their portfolio | 385.7k $121.4m | Added +16.2k |
| LORD, ABBETT & CO. LLC 0.22% of their portfolio | 381.2k $120.1m | Reduced -386.8k |
| Polar Capital Holdings Plc 0.87% of their portfolio | 375.0k $118.2m | Added +85.0k |
| Korea Investment CORP 0.34% of their portfolio | 370.0k $116.6m | Added +11.7k |
| Man Group plc 0.40% of their portfolio | 353.3k $111.3m | New |
| APG Asset Management N.V. 0.22% of their portfolio | 352.6k $102.3m | Reduced -66.0k |
| RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio | 347.4k $109.4m | Reduced -25.0k |
| Chevy Chase Trust Holdings, LLC 0.42% of their portfolio | 338.8k $106.7m | Added +122.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.24% of their portfolio | 338.4k $106.6m | Added +158.5k |
| Handelsbanken Fonder AB 0.61% of their portfolio | 335.9k $105.8m | Added +5.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 333.6k $105.1m | Added +2.5k |
| FIRST TRUST ADVISORS LP 0.12% of their portfolio | 332.8k $104.9m | Reduced -17.2k |
| Tekla Capital Management LLC 3.96% of their portfolio | 330.3k $104.1m | Unchanged |
| STRS OHIO 0.16% of their portfolio | 328.4k $103.5m | Added +219.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.16% of their portfolio | 312.9k $98.6m | Added +33.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.22% of their portfolio | 305.9k $96.4m | Reduced -2.9k |