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 ($457.7m this quarter). Holder counts are more reliable. Shares outstanding: 258.1m as of 2024-04-30, 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 ≈ $415.62. Options: 42 managers hold calls ($735.2m notional), 44 hold puts ($796.1m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,127 |
| Q4 2022 | 1,223 |
| Q1 2023 | 1,212 |
| Q2 2023 | 1,288 |
| Q3 2023 | 1,282 |
| Q4 2023 | 1,441 |
| Q1 2024 | 1,496 |
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 |
| Q2 2023 | 609 | 550 |
| Q3 2023 | 602 | 537 |
| Q4 2023 | 703 | 542 |
| Q1 2024 | 766 | 612 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $473.6m | $397.1m | 0.84 |
| Q3 2023 | $673.5m | $635.3m | 0.94 |
| Q4 2023 | $913.2m | $1.0bn | 1.10 |
| Q1 2024 | $735.2m | $796.1m | 1.08 |
Biggest buyers
| Capital World Investors | Added | +3.8m |
| MORGAN STANLEY | Added | +3.6m |
| Capital Research Global Investors | Added | +2.2m |
| Amundi | Added | +865.0k |
| JENNISON ASSOCIATES LLC | Added | +837.5k |
| JPMORGAN CHASE & CO | Added | +787.7k |
| NORGES BANK | Added | +415.7k |
| VANGUARD GROUP INC | Added | +394.3k |
| Global Assets Advisory, LLC | New | +330.1k |
| JANUS HENDERSON GROUP PLC | Added | +244.3k |
Biggest sellers
| FMR LLC | Reduced | -2.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.4m |
| Winslow Capital Management, LLC | Reduced | -924.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -821.6k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -670.3k |
| FIRST TRUST ADVISORS LP | Reduced | -503.6k |
| Ensign Peak Advisors, Inc | Reduced | -436.0k |
| California Public Employees Retirement System | Reduced | -335.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -317.9k |
| AXA S.A. | Reduced | -316.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $106.6m255.0k shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Unchanged | $89.0m213.0k shares |
| CITADEL ADVISORS LLC | Reduced | $62.3m149.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $56.1m134.3k shares |
| GROUP ONE TRADING LLC | Reduced | $47.2m112.9k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $40.6m97.1k shares |
| JANE STREET GROUP, LLC | Added | $37.5m89.8k shares |
| JPMORGAN CHASE & CO | Reduced | $35.1m84.0k shares |
| WOLVERINE TRADING, LLC | Added | $28.3m67.8k shares |
| UBS Group AG | Reduced | $26.2m62.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $153.7m367.7k shares |
| CITADEL ADVISORS LLC | Added | $61.1m146.2k shares |
| Twin Tree Management, LP | Reduced | $51.1m122.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $47.5m1.1k shares |
| JPMORGAN CHASE & CO | Reduced | $43.6m104.2k shares |
| Kynam Capital Management, LP | New | $41.8m100.0k shares |
| UBS Group AG | Reduced | $33.8m80.9k shares |
| JANE STREET GROUP, LLC | Reduced | $30.3m72.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $27.3m65.4k shares |
| CITIGROUP INC | Reduced | $26.2m62.7k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2023 | 0 | — | 7 | $21.3m | $21.3m |
| Q3 2023 | 0 | — | 8 | $20.8m | $20.8m |
| Q4 2023 | 0 | — | 10 | $38.5m | $38.5m |
| Q1 2024 | 0 | — | 9 | $32.1m | $32.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-26 | Arbuckle Stuart A EVP, COO | Sold plan | $2.1m5.0k shares |
| 2024-02-26 | ALTSHULER DAVID EVP, Global Research and CSO | Sold plan | $1.8m4.2k shares |
| 2024-02-26 | Sachdev Amit EVP Chief Patient & Ext Af Off | Sold plan | $1.3m3.0k shares |
| 2024-02-26 | Ambrose Kristen SVP & Chief Accounting Officer | Sold plan | $375.9k883 shares |
| 2024-02-26 | Atkinson Edward Morrow III EVP, Chief Technical Ops. Off. | Sold plan | $375.9k883 shares |
| 2024-02-26 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold plan | $150.7k354 shares |
| 2024-02-21 | Arbuckle Stuart A EVP, COO | Sold plan | $1.5m3.6k shares |
| 2024-02-21 | Sachdev Amit EVP Chief Patient & Ext Af Off | Sold plan | $1.3m3.2k shares |
| 2024-02-21 | ALTSHULER DAVID EVP, Global Research and CSO | Sold plan | $1.3m3.0k shares |
| 2024-02-21 | Atkinson Edward Morrow III EVP, Chief Technical Ops. Off. | Sold plan | $506.5k1.2k shares |
| 2024-02-21 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold plan | $151.8k360 shares |
| 2024-02-20 | Arbuckle Stuart A EVP, COO | Sold plan | $2.0m4.8k shares |
| 2024-02-20 | Sachdev Amit EVP Chief Patient & Ext Af Off | Sold plan | $1.8m4.3k shares |
| 2024-02-20 | ALTSHULER DAVID EVP, Global Research and CSO | Sold plan | $1.7m4.0k shares |
| 2024-02-20 | Atkinson Edward Morrow III EVP, Chief Technical Ops. Off. | Sold plan | $337.1k801 shares |
| 2024-02-20 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold plan | $202.0k480 shares |
| 2024-02-15 | LEIDEN JEFFREY M Executive Chairman, director | Sold plan | $2.0m4.7k shares |
| 2024-02-14 | LEIDEN JEFFREY M Executive Chairman, director | Sold plan | $1.8m4.4k shares |
| 2024-02-13 | LEIDEN JEFFREY M Executive Chairman, director | Sold plan | $308.9k737 shares |
| 2024-02-12 | Arbuckle Stuart A EVP, COO | Sold plan | $1.8m4.3k shares |
| 2024-02-12 | Sachdev Amit EVP Chief Patient & Ext Af Off | Sold plan | $1.4m3.2k shares |
| 2024-02-12 | ALTSHULER DAVID EVP, Global Research and CSO | Sold plan | $1.3m3.1k shares |
| 2024-02-12 | LEIDEN JEFFREY M Executive Chairman, director | Sold plan | $1.1m2.7k shares |
| 2024-02-12 | Biller Jonathan EVP and Chief Legal Officer | Sold plan | $727.8k1.7k shares |
| 2024-02-12 | Ambrose Kristen SVP & Chief Accounting Officer | Sold plan | $577.4k1.4k shares |
| 2024-02-12 | Atkinson Edward Morrow III EVP, Chief Technical Ops. Off. | Sold plan | $383.7k913 shares |
| 2024-02-12 | Tatsis Ourania EVP, Chief Reg. & Quality Off. | Sold plan | $132.0k314 shares |
| 2024-01-08 | LEIDEN JEFFREY M Executive Chairman, director | Sold plan | $2.8m6.6k shares |
| 2024-01-02 | WAGNER CHARLES F JR EVP & Chief Financial Officer | Sold plan | $1.2m3.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 1.77% of their portfolio | 25.6m $10.7bn | Added +3.8m |
| VANGUARD GROUP INC 0.19% of their portfolio | 22.7m $9.5bn | Added +394.3k |
| BlackRock Inc. 0.21% of their portfolio | 22.0m $9.2bn | Added +79.5k |
| JPMORGAN CHASE & CO 0.22% of their portfolio | 12.0m $5.0bn | Added +787.7k |
| STATE STREET CORP 0.22% of their portfolio | 12.0m $5.0bn | Reduced -77.3k |
| FMR LLC 0.30% of their portfolio | 10.7m $4.5bn | Reduced -2.3m |
| MORGAN STANLEY 0.11% of their portfolio | 9.6m $4.0bn | Added +3.6m |
| ALLIANCEBERNSTEIN L.P. 1.05% of their portfolio | 7.1m $3.0bn | Added +57.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 5.8m $2.4bn | Added +139.6k |
| Capital Research Global Investors 0.54% of their portfolio | 5.7m $2.4bn | Added +2.2m |
| JENNISON ASSOCIATES LLC 1.34% of their portfolio | 4.8m $2.0bn | Added +837.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.34% of their portfolio | 4.6m $1.9bn | Reduced -670.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.23% of their portfolio | 4.5m $1.9bn | Reduced -1.4m |
| Amundi 0.61% of their portfolio | 3.6m $1.4bn | Added +865.0k |
| NORGES BANK 0.23% of their portfolio | 3.5m $1.4bn | Added +415.7k |
| LOOMIS SAYLES & CO L P 1.85% of their portfolio | 3.1m $1.3bn | Reduced -24.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.35% of their portfolio | 2.8m $1.2bn | Reduced -821.6k |
| JANUS HENDERSON GROUP PLC 0.59% of their portfolio | 2.6m $1.1bn | Added +244.3k |
| NORTHERN TRUST CORP 0.19% of their portfolio | 2.6m $1.1bn | Reduced -102.2k |
| BANK OF AMERICA CORP /DE/ 0.10% of their portfolio | 2.5m $1.1bn | Added +108.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.36% of their portfolio | 2.4m $1.0bn | Reduced -153.9k |
| Clearbridge Investments, LLC 0.80% of their portfolio | 2.4m $1.0bn | Reduced -164.1k |
| AMERIPRISE FINANCIAL INC 0.26% of their portfolio | 2.2m $930.1m | Reduced -284.7k |
| Invesco Ltd. 0.19% of their portfolio | 2.1m $874.1m | Reduced -151.0k |
| Legal & General Group Plc 0.24% of their portfolio | 2.0m $846.7m | Reduced -35.9k |
| Bank of New York Mellon Corp 0.15% of their portfolio | 1.9m $783.4m | Reduced -102.9k |
| RENAISSANCE TECHNOLOGIES LLC 1.04% of their portfolio | 1.6m $660.7m | Reduced -11.2k |
| DEUTSCHE BANK AG\ 0.31% of their portfolio | 1.6m $659.1m | Reduced -69.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 1.6m $650.7m | Added +47.4k |
| ROYAL BANK OF CANADA 0.15% of their portfolio | 1.5m $631.7m | Added +56.7k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 1.4m $585.6m | Reduced -84.0k |
| Harding Loevner LP 3.16% of their portfolio | 1.2m $511.2m | Reduced -98.2k |
| California Public Employees Retirement System 0.35% of their portfolio | 1.2m $493.4m | Reduced -335.5k |
| Pictet Asset Management Holding SA 0.45% of their portfolio | 998.3k $417.1m | Reduced -82.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.38% of their portfolio | 939.4k $392.3m | Added +163.9k |
| Caisse de depot et placement du Quebec 0.86% of their portfolio | 855.1k $357.4m | Added +51.4k |
| Nuveen Asset Management, LLC 0.10% of their portfolio | 835.7k $349.3m | Reduced -5.4k |
| BARCLAYS PLC 0.15% of their portfolio | 817.4k $341.7m | Added +10.7k |
| HSBC HOLDINGS PLC 0.24% of their portfolio | 805.9k $336.8m | Added +191.3k |
| Swiss National Bank 0.23% of their portfolio | 771.7k $322.6m | Reduced -35.4k |
| WELLS FARGO & COMPANY/MN 0.08% of their portfolio | 767.6k $320.9m | Added +18.6k |
| Mayflower Financial Advisors, LLC 0.21% of their portfolio | 729.1k $1.2m | Added +27 |
| Sumitomo Mitsui Trust Group, Inc. 0.21% of their portfolio | 718.4k $300.3m | Added +7.8k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 703.1k $293.9m | Added +30.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.27% of their portfolio | 695.8k $290.9m | Reduced -123.0k |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 694.9k $290.5m | Reduced -105.6k |
| Bellevue Group AG 4.26% of their portfolio | 668.8k $279.5m | Reduced -67.6k |
| AQR CAPITAL MANAGEMENT LLC 0.47% of their portfolio | 666.7k $278.7m | Added +21.9k |
| Swedbank AB 0.39% of their portfolio | 663.4k $277.3m | Reduced -612 |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 587.9k $245.8m | Added +2.7k |
| Aberdeen Group plc 0.47% of their portfolio | 574.2k $240.0m | Reduced -6.8k |
| UBS Group AG 0.08% of their portfolio | 572.2k $239.2m | Added +148.5k |
| Qube Research & Technologies Ltd 0.42% of their portfolio | 558.5k $233.5m | Added +93.5k |
| Artisan Partners Limited Partnership 0.34% of their portfolio | 552.9k $231.1m | Reduced -23.6k |
| Man Group plc 0.59% of their portfolio | 527.9k $220.7m | Added +173.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.27% of their portfolio | 520.0k $217.4m | Added +127.6k |
| TD Asset Management Inc 0.20% of their portfolio | 515.4k $215.4m | Reduced -18.5k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 507.1k $212.5m | Reduced -67.0k |
| DekaBank Deutsche Girozentrale 0.38% of their portfolio | 491.1k $204.1m | Reduced -12.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.54% of their portfolio | 486.9k $203.5m | Reduced -114.6k |
| Robeco Institutional Asset Management B.V. 0.42% of their portfolio | 463.9k $193.9m | Added +6.0k |
| RHUMBLINE ADVISERS 0.19% of their portfolio | 463.2k $193.6m | Added +4.7k |
| National Pension Service 0.23% of their portfolio | 454.5k $190.0m | Added +3.9k |
| Chevy Chase Trust Holdings, LLC 0.61% of their portfolio | 443.8k $185.5m | Reduced -1.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.64% of their portfolio | 434.3k $181.6m | Reduced -10.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.78% of their portfolio | 429.8k $179.7m | Reduced -5.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 417.0k $174.3m | Added +2.3k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.43% of their portfolio | 416.2k $174.0m | Added +28.4k |
| NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio | 414.1k $173.1m | Added +18.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.17% of their portfolio | 407.7k $170.4m | Reduced -28.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 403.3k $168.6m | Reduced -9.3k |
| CITIGROUP INC 0.18% of their portfolio | 399.8k $167.1m | Reduced -54.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.22% of their portfolio | 391.9k $163.8m | Reduced -17.2k |
| Candriam S.C.A. 1.04% of their portfolio | 388.6k $162.4m | Added +46.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio | 386.6k $161.6m | Added +28.7k |
| Allianz Asset Management GmbH 0.27% of their portfolio | 384.1k $160.5m | Reduced -35.7k |
| ASSETMARK, INC 0.52% of their portfolio | 382.5k $159.9m | Reduced -4.9k |
| MACQUARIE GROUP LTD 0.18% of their portfolio | 372.2k $155.6m | Reduced -25.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.09% of their portfolio | 363.1k $151.8m | Reduced -5.6k |
| D. E. Shaw & Co., Inc. 0.19% of their portfolio | 355.5k $148.6m | Added +142.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.28% of their portfolio | 350.3k $146.4m | Added +50.1k |
| CREDIT SUISSE AG/ 0.14% of their portfolio | 349.3k $146.0m | Reduced -43.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.19% of their portfolio | 333.1k $139.3m | Added +57.7k |
| NATIXIS ADVISORS, LLC 0.32% of their portfolio | 332.1k $138.8m | Added +12.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 331.5k $139.1m | Added +10.1k |
| Global Assets Advisory, LLC 0.03% of their portfolio | 330.1k $785 | New |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 324.8k $135.8m | Reduced -317.9k |
| TWO SIGMA INVESTMENTS, LP 0.33% of their portfolio | 324.4k $135.6m | Added +188.3k |
| Assenagon Asset Management S.A. 0.36% of their portfolio | 323.1k $135.1m | Added +26.9k |
| RAYMOND JAMES & ASSOCIATES 0.09% of their portfolio | 318.8k $133.2m | Reduced -23.7k |
| APG Asset Management N.V. 0.21% of their portfolio | 307.7k $119.1m | Reduced -35.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.23% of their portfolio | 305.9k $96.4m | Added +18.3k |
| Mirae Asset Global Investments Co., Ltd. 0.23% of their portfolio | 300.9k $105.0m | Added +4.2k |
| ProShare Advisors LLC 0.33% of their portfolio | 300.3k $125.5m | Added +48.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.14% of their portfolio | 299.5k $125.2m | Added +8.8k |
| Bank Julius Baer & Co. Ltd, Zurich 0.46% of their portfolio | 286.1k $119.4m | Added +10.7k |
| Russell Investments Group, Ltd. 0.18% of their portfolio | 276.5k $115.6m | Reduced -14.7k |
| Handelsbanken Fonder AB 0.49% of their portfolio | 270.7k $113.1m | Added +10.4k |
| CANADA LIFE ASSURANCE Co 0.23% of their portfolio | 270.2k $113.1m | Reduced -8.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 266.3k $111.3m | Reduced -6.4k |