Vault-13

HORIZON THERAPEUTICS PUB L HZNP

SHS · Common Stock · CUSIP G46188101

611 institutional holders +83 vs Q3 2022
208,907,151208.9m shares reported held*
$23.8bnreported value*
163 new 131 added 239 reduced 93 sold out net sold ≈ $1.3bn (-11.1m 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 ($24.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $113.77. Options: 46 managers hold calls ($941.4m notional), 44 hold puts ($1.3bn).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 528Q4 22: 611611Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022528
Q4 2022611

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bnQ3 22 calls: $91.2mQ3 22 puts: $41.4mQ3 22P/C 0.45Q4 22 calls: $941.4mQ4 22 puts: $1.3bnQ4 22P/C 1.38
Numbers
QuarterCallsPutsP/C
Q3 2022$91.2m$41.4m0.45
Q4 2022$941.4m$1.3bn1.38

Biggest buyers

JPMORGAN CHASE & CO Added +4,461,247+4.5m
T. Rowe Price Investment Management, Inc. New +4,050,259+4.1m
Pentwater Capital Management LP New +3,539,656+3.5m
SOROS FUND MANAGEMENT LLC New +2,858,501+2.9m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +2,211,443+2.2m
MILLENNIUM MANAGEMENT LLC Added +2,160,939+2.2m
FARALLON CAPITAL MANAGEMENT, L.L.C. Added +1,914,700+1.9m
Avoro Capital Advisors LLC Added +1,875,000+1.9m
FIL Ltd Added +1,759,992+1.8m
TIG Advisors, LLC New +1,729,388+1.7m

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -8,124,517-8.1m
PAULSON & CO. INC. Reduced -4,600,000-4.6m
Nuveen Asset Management, LLC Reduced -2,295,927-2.3m
Invesco Ltd. Reduced -2,216,921-2.2m
Point72 Asset Management, L.P. Sold out -2,094,400-2.1m
MARSHALL WACE, LLP Reduced -2,039,038-2.0m
Woodline Partners LP Reduced -2,028,914-2.0m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -1,863,759-1.9m
MACQUARIE GROUP LTD Reduced -1,719,050-1.7m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,657,115-1.7m

Biggest calls

Balyasny Asset Management L.P. Added $210.8m1.9m shares
MILLENNIUM MANAGEMENT LLC New $146.2m1.3m shares
Maven Securities LTD New $111.7m981.9k shares
CITADEL ADVISORS LLC Added $66.3m582.3k shares
Parallax Volatility Advisers, L.P. Added $63.3m556.5k shares
JANE STREET GROUP, LLC Added $56.7m498.1k shares
GROUP ONE TRADING LLC Added $43.2m379.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $30.0m263.4k shares
BARCLAYS PLC First filing $28.3m248.6k shares
TIG Advisors, LLC New $25.4m222.9k shares

Biggest puts

Pentwater Capital Management LP New $315.4m2.8m shares
Balyasny Asset Management L.P. Added $167.5m1.5m shares
Caption Management, LLC Added $127.6m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $114.4m1.0m shares
Maven Securities LTD New $104.0m914.2k shares
P SCHOENFELD ASSET MANAGEMENT LP New $99.0m870.0k shares
Deep Track Capital, LP New $56.9m500.0k shares
SIMPLEX TRADING, LLC Added $40.3m353.9k shares
JANE STREET GROUP, LLC Added $35.2m309.5k shares
Holocene Advisors, LP New $34.1m299.4k 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.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.07% of their portfolio Valley Forge, PA 21,236,10321.2m $2.4bn $2.4bn 0.07% Reduced -40.6k -40,559
2 BlackRock Inc. 0.05% of their portfolio New York, NY 14,794,81114.8m $1.7bn $1.7bn 0.05% Reduced -824.2k -824,212
3 JPMORGAN CHASE & CO 0.18% of their portfolio NEW YORK, NY 11,248,88911.2m $1.3bn $1.3bn 0.18% Added +4.5m +4,461,247
4 Capital International Investors 0.28% of their portfolio Los Angeles, CA 9,304,8159.3m $1.1bn $1.1bn 0.28% Added +682.2k +682,205
5 Avoro Capital Advisors LLC 11.90% of their portfolio NEW YORK, NY 7,000,0007.0m $796.6m $796.6m 11.90% Added +1.9m +1,875,000
6 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 5,296,3185.3m $602.7m $602.7m 0.04% Reduced -436.1k -436,069
7 Nuveen Asset Management, LLC 0.21% of their portfolio CHICAGO, IL 4,658,6434.7m $530.2m $530.2m 0.21% Reduced -2.3m -2,295,927
8 HBK INVESTMENTS L P 23.08% of their portfolio DALLAS, TX 4,576,0004.6m $520.7m $520.7m 23.08% Not comparable
9 T. Rowe Price Investment Management, Inc. 0.35% of their portfolio BALTIMORE, MD 4,050,2594.1m $460.9m $460.9m 0.35% New
10 JANUS HENDERSON GROUP PLC 0.32% of their portfolio LONDON, X0 3,949,5193.9m $449.4m $449.4m 0.32% Reduced -8.1m -8,124,517
11 FARALLON CAPITAL MANAGEMENT, L.L.C. 2.72% of their portfolio SAN FRANCISCO, CA 3,694,9233.7m $420.5m $420.5m 2.72% Added +1.9m +1,914,700
12 Pentwater Capital Management LP 12.63% of their portfolio Naples, FL 3,539,6563.5m $402.8m $402.8m 12.63% New
13 GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio BOSTON, MA 3,073,8013.1m $349.4m $349.4m 0.05% Added +54.5k +54,463
14 SOROS FUND MANAGEMENT LLC 5.53% of their portfolio NEW YORK, NY 2,858,5012.9m $325.3m $325.3m 5.53% New
15 FIL Ltd 0.38% of their portfolio HAMILTON, D0 2,807,9282.8m $319.5m $319.5m 0.38% Added +1.8m +1,759,992
16 Bank of New York Mellon Corp 0.07% of their portfolio NEW YORK, NY 2,795,7532.8m $318.2m $318.2m 0.07% Reduced -955.8k -955,811
17 Davidson Kempner Capital Management LP 6.22% of their portfolio New York, NY 2,553,6532.6m $290.5m $290.5m 6.22% Not comparable
18 MILLENNIUM MANAGEMENT LLC 0.32% of their portfolio NEW YORK, NY 2,526,0362.5m $287.5m $287.5m 0.32% Added +2.2m +2,160,939
19 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 12.80% of their portfolio CHICAGO, IL 2,285,7902.3m $260.1m $260.1m 12.80% Added +2.2m +2,211,443
20 NORGES BANK 0.06% of their portfolio OSLO, Q8 2,194,8882.2m $249.8m $249.8m 0.06% Reduced -127.1k -127,068
21 DEUTSCHE BANK AG\ 0.13% of their portfolio FRANKFURT AM MAIN, 2M 2,061,1432.1m $234.6m $234.6m 0.13% Added +122.3k +122,268
22 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 2,026,7212.0m $230.7m $230.7m 0.08% Reduced -1.0m -1,043,852
23 Aberdeen Group plc 0.57% of their portfolio EDINBURGH, X0 1,846,4861.8m $210.1m $210.1m 0.57% Reduced -69.4k -69,431
24 TIG Advisors, LLC 13.45% of their portfolio New York, NY 1,729,3881.7m $196.8m $196.8m 13.45% New
25 RENAISSANCE TECHNOLOGIES LLC 0.26% of their portfolio NEW YORK, NY 1,675,0491.7m $190.6m $190.6m 0.26% Added +113.6k +113,583
26 Balyasny Asset Management L.P. 0.64% of their portfolio Chicago, IL 1,603,8181.6m $182.5m $182.5m 0.64% Added +440.3k +440,287
27 PSquared Asset Management AG 52.19% of their portfolio ZURICH, V8 1,603,7001.6m $181.7m $181.7m 52.19% New
28 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 1,567,8171.6m $178.4m $178.4m 0.04% Reduced -29.1k -29,089
29 PICTET ASSET MANAGEMENT SA 0.26% of their portfolio GENEVA 73, V8 1,567,2181.6m $178.3m $178.3m 0.26% Reduced -942.4k -942,372
30 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.42% of their portfolio Boston, MA 1,543,7001.5m $175.7m $175.7m 0.42% Added +537.5k +537,457
31 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,506,4991.5m $171.4m $171.4m 0.02% Added +245.6k +245,610
32 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,501,3841.5m $170.9m $170.9m 0.02% Reduced -202.0k -201,996
33 PAULSON & CO. INC. 15.37% of their portfolio JERSEY CITY, NJ 1,500,0001.5m $170.7m $170.7m 15.37% Reduced -4.6m -4,600,000
34 CONGRESS ASSET MANAGEMENT CO 1.50% of their portfolio BOSTON, MA 1,313,1351.3m $149.4m $149.4m 1.50% Reduced -251.6k -251,611
35 CITADEL ADVISORS LLC 0.17% of their portfolio MIAMI, FL 1,265,9401.3m $144.1m $144.1m 0.17% Reduced -1.5m -1,463,094
36 Westchester Capital Management, LLC 4.11% of their portfolio VALHALLA, NY 1,253,0441.3m $142.6m $142.6m 4.11% New
37 FRANKLIN RESOURCES INC 0.07% of their portfolio San Mateo, CA 1,167,7971.2m $132.9m $132.9m 0.07% Reduced -926.6k -926,609
38 Clearbridge Investments, LLC 0.13% of their portfolio NEW YORK, NY 1,149,2301.1m $130.8m $130.8m 0.13% Reduced -431.9k -431,918
39 ALPINE ASSOCIATES MANAGEMENT INC. 5.91% of their portfolio PALM BEACH, FL 1,138,7001.1m $129.6m $129.6m 5.91% New
40 Swedbank AB 0.28% of their portfolio STOCKHOLM, V7 1,108,2941.1m $126.1m $126.1m 0.28% Reduced -395.3k -395,300
41 Kynam Capital Management, LP 19.20% of their portfolio PRINCETON, NJ 1,100,0001.1m $125.2m $125.2m 19.20% New
42 PFM Health Sciences, LP 5.25% of their portfolio SAN FRANCISCO, CA 1,091,8401.1m $124.3m $124.3m 5.25% Unchanged
43 KRYGER CAPITAL Ltd 18.71% of their portfolio LONDON, X0 1,085,9791.1m $123.6m $123.6m 18.71% New
44 Eversept Partners, LP 11.72% of their portfolio NEW YORK, NY 1,064,4461.1m $121.1m $121.1m 11.72% Reduced -205.1k -205,145
45 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 1,008,2251.0m $114.7m $114.7m 0.04% Reduced -10.6k -10,616
46 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio NEW YORK, NY 1,007,2301.0m $114.6m $114.6m 0.06% Added +22.2k +22,248
47 EVENTIDE ASSET MANAGEMENT, LLC 2.24% of their portfolio Boston, MA 996,200996.2k $113.4m $113.4m 2.24% Added +25.0k +25,000
48 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 983,734983.7k $111.9m $111.9m 0.02% Reduced -1.7m -1,657,115
49 BAKER BROS. ADVISORS LP 0.66% of their portfolio NEW YORK, NY 969,727969.7k $110.4m $110.4m 0.66% Unchanged
50 PERCEPTIVE ADVISORS LLC 3.15% of their portfolio NEW YORK, NY 960,000960.0k $109.2m $109.2m 3.15% New
51 P SCHOENFELD ASSET MANAGEMENT LP 12.50% of their portfolio NEW YORK, NY 940,000940.0k $107.0m $107.0m 12.50% New
52 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 909,597909.6k $103.5m $103.5m 0.03% Reduced -29.0k -29,002
53 Swiss National Bank 0.07% of their portfolio ZURICH, V8 889,556889.6k $101.2m $101.2m 0.07% Reduced -56.9k -56,912
54 GW&K Investment Management, LLC 1.01% of their portfolio BOSTON, MA 879,328879.3k $100.1m $100.1m 1.01% Reduced -10.0k -10,024
55 MONTANOVA CAPITAL, LLC 4.18% of their portfolio New York, NY 874,291874.3k $99.5m $99.5m 4.18% Added +161.7k +161,730
56 PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio DES MOINES, IA 841,940841.9k $95.8m $95.8m 0.07% Reduced -167.1k -167,148
57 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 832,914832.9k $94.8m $94.8m 0.03% Reduced -726.3k -726,287
58 LORD, ABBETT & CO. LLC 0.17% of their portfolio JERSEY CITY, NJ 825,354825.4k $93.9m $93.9m 0.17% Added +330.2k +330,225
59 EAGLE ASSET MANAGEMENT INC 0.57% of their portfolio ST PETERSBURG, FL 823,124823.1k $93.4m $93.4m 0.57% Reduced -99.9k -99,882
60 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 818,274818.3k $93.1m $93.1m 0.04% Reduced -41.5k -41,528
61 Magnetar Financial LLC 1.51% of their portfolio EVANSTON, IL 783,065783.1k $89.1m $89.1m 1.51% New
62 BARCLAYS PLC 0.07% of their portfolio LONDON, X0 757,849757.8k $86.2m $86.2m 0.07% First filing
63 Carlson Capital, L.P. 6.59% of their portfolio DALLAS, TX 755,000755.0k $85.9m $85.9m 6.59% New
64 Rock Springs Capital Management LP 2.03% of their portfolio Baltimore, MD 739,700739.7k $84.2m $84.2m 2.03% Added +12.7k +12,700
65 Melqart Asset Management (UK) Ltd 7.29% of their portfolio London, X0 726,084726.1k $82.6m $82.6m 7.29% New
66 Hudson Bay Capital Management LP 0.95% of their portfolio STAMFORD, CT 717,356717.4k $81.6m $81.6m 0.95% Added +707.4k +707,356
67 STRS OHIO 0.36% of their portfolio COLUMBUS, OH 703,500703.5k $80.1m $80.1m 0.36% Reduced -12.0k -12,000
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.16% of their portfolio BALA CYNWYD, PA 701,365701.4k $79.8m $79.8m 0.16% Added +263.5k +263,486
69 NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio NEW YORK, NY 700,166700.2k $79.7m $79.7m 0.08% Reduced -818.9k -818,874
70 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.28% of their portfolio Paris, I0 683,900683.9k $77.8m $77.8m 0.28% Reduced -384.4k -384,413
71 Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio CHIYODA-KU, TOKYO, M0 651,489651.5k $74.1m $74.1m 0.06% Added +2.3k +2,262
72 Man Group plc 0.27% of their portfolio LONDON, X0 651,030651.0k $74.1m $74.1m 0.27% Added +283.1k +283,139
73 TUDOR INVESTMENT CORP ET AL 1.81% of their portfolio STAMFORD, CT 648,672648.7k $73.8m $73.8m 1.81% New
74 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 635,055635.1k $72.3m $72.3m 0.01% Reduced -154.7k -154,700
75 Polaris Capital Management, LLC 2.36% of their portfolio BOSTON, MA 596,900596.9k $67.9m $67.9m 2.36% New
76 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 564,678564.7k $64.3m $64.3m 0.02% Reduced -2.2m -2,216,921
77 Taconic Capital Advisors LP 2.24% of their portfolio NEW YORK, NY 540,000540.0k $61.5m $61.5m 2.24% New
78 Brandywine Global Investment Management, LLC 0.47% of their portfolio PHILADELPHIA, PA 528,993529.0k $60.2m $60.2m 0.47% Reduced -144.9k -144,930
79 AQR Arbitrage LLC 1.53% of their portfolio Greenwich, CT 525,530525.5k $59.7m $59.7m 1.53% New
80 JENNISON ASSOCIATES LLC 0.06% of their portfolio NEW YORK, NY 523,678523.7k $59.6m $59.6m 0.06% Reduced -1.2m -1,217,432
81 NEXPOINT ASSET MANAGEMENT, L.P. 4.54% of their portfolio Dallas, TX 512,298512.3k $58.3m $58.3m 4.54% New
82 California Public Employees Retirement System 0.05% of their portfolio Sacramento, CA 500,706500.7k $57.0m $57.0m 0.05% Reduced -11.2k -11,198
83 Deep Track Capital, LP 2.48% of their portfolio GREENWICH, CT 500,000500.0k $56.9m $56.9m 2.48% Reduced -962.8k -962,800
84 APG Asset Management N.V. 0.10% of their portfolio Amsterdam, P7 480,473480.5k $54.7m $54.7m 0.10% Added +228.5k +228,451
85 Paradigm Biocapital Advisors LP 6.38% of their portfolio NEW YORK, NY 477,585477.6k $54.3m $54.3m 6.38% Added +126.2k +126,180
86 KIM, LLC 2.95% of their portfolio WICHITA, KS 470,000470.0k $53.5m $53.5m 2.95% New
87 Russell Investments Group, Ltd. 0.11% of their portfolio Seattle, WA 469,575469.6k $53.4m $53.4m 0.11% Reduced -62.1k -62,080
88 MARSHALL WACE, LLP 0.14% of their portfolio LONDON, X0 467,291467.3k $53.2m $53.2m 0.14% Reduced -2.0m -2,039,038
89 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 466,707466.7k $53.1m $53.1m 0.02% Reduced -1.0m -1,029,133
90 WATER ISLAND CAPITAL LLC 4.10% of their portfolio NEW YORK, NY 426,020426.0k $48.5m $48.5m 4.10% New
91 UBS Group AG 0.02% of their portfolio ZURICH, V8 421,936421.9k $48.0m $48.0m 0.02% Reduced -153.2k -153,201
92 Tekla Capital Management LLC 1.78% of their portfolio Boston, MA 415,053415.1k $47.2m $47.2m 1.78% Reduced -319.3k -319,300
93 Sofinnova Investments, Inc. 2.86% of their portfolio Menlo Park, CA 413,173413.2k $47.0m $47.0m 2.86% New
94 C WorldWide Group Holding A/S 0.62% of their portfolio COPENHAGEN, G7 411,544411.5k $46.8m $46.8m 0.62% Unchanged
95 VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio ATLANTA, GA 411,424411.4k $46.8m $46.8m 0.05% Reduced -277.7k -277,743
96 Allspring Global Investments Holdings, LLC 0.08% of their portfolio CHARLOTTE, NC 410,581410.6k $46.7m $46.7m 0.08% Reduced -779.5k -779,480
97 Verition Fund Management LLC 0.90% of their portfolio GREENWICH, CT 405,824405.8k $46.2m $46.2m 0.90% Added +214.8k +214,818
98 ROTHSCHILD & CO ASSET MANAGEMENT US INC. 0.70% of their portfolio Stamford, CT 403,734403.7k $45.9m $45.9m 0.70% Reduced -25.0k -24,972
99 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 383,941383.9k $43.7m $43.7m 0.04% Reduced -1.1m -1,053,539
100 First Trust Capital Management L.P. 2.29% of their portfolio CHICAGO, IL 375,593375.6k $42.7m $42.7m 2.29% New