INDIVIOR PLC INDV
ORD · Common Stock · CUSIP G4766E116
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersNorth Chesterfield, VA
- 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 ($474.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.75. Options: 5 managers hold calls ($4.2m notional), 4 hold puts ($373.9k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 61 |
| Q3 2023 | 77 |
| Q4 2023 | 77 |
| Q1 2024 | 96 |
| Q2 2024 | 100 |
| Q3 2024 | 104 |
| Q4 2024 | 114 |
| Q1 2025 | 117 |
| Q2 2025 | 121 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 37 | 28 |
| Q4 2023 | 33 | 32 |
| Q1 2024 | 51 | 33 |
| Q2 2024 | 46 | 43 |
| Q3 2024 | 54 | 51 |
| Q4 2024 | 60 | 39 |
| Q1 2025 | 58 | 62 |
| Q2 2025 | 82 | 54 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.2m | $1.7m | 0.81 |
| Q4 2024 | $826.6k | $811.4k | 0.98 |
| Q1 2025 | $855.8k | $147.2k | 0.17 |
| Q2 2025 | $4.2m | $373.9k | 0.09 |
Biggest buyers
| BlackRock, Inc. | Added | +5.6m |
| Point72 Asset Management, L.P. | Added | +1.7m |
| STATE STREET CORP | New | +1.6m |
| MANGROVE PARTNERS IM, LLC | Added | +1.6m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.4m |
| GOLDMAN SACHS GROUP INC | Added | +1.2m |
| Rubric Capital Management LP | Added | +1.1m |
| VANGUARD GROUP INC | Added | +1.0m |
| Newtyn Management, LLC | Added | +956.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +931.2k |
Biggest sellers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.8m |
| UBS Group AG | Reduced | -1.1m |
| JANE STREET GROUP, LLC | Reduced | -912.2k |
| Fund 1 Investments, LLC | Sold out | -427.4k |
| MARSHALL WACE, LLP | Sold out | -394.8k |
| Verition Fund Management LLC | Sold out | -275.1k |
| HRT FINANCIAL LP | Sold out | -254.7k |
| Qube Research & Technologies Ltd | Sold out | -239.4k |
| SCOPIA CAPITAL MANAGEMENT LP | Reduced | -220.3k |
| Squarepoint Ops LLC | Sold out | -201.6k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Added | $1.6m107.2k shares |
| Caption Management, LLC | New | $1.1m75.0k shares |
| CITADEL ADVISORS LLC | Added | $623.5k42.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $530.6k36.0k shares |
| JANE STREET GROUP, LLC | New | $404.9k27.2k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $185.7k12.6k shares |
| SIMPLEX TRADING, LLC | Added | $144.0k9.8k shares |
| GROUP ONE TRADING LLC | Added | $44.2k3.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BlackRock, Inc. 13G · institution +7.5 pts · filed 2026-01-08 | 14.3% |
| Oaktree Capital Holdings, LLC 13D · may seek influence -1.3 pts · filed 2025-12-30 | 5.7% |
| FULLER & THALER ASSET MANAGEMENT, INC. 13G · institution new · filed 2026-02-17 | 5.1% |
Fell to 5% or below in the last year: Madison Avenue Partners, LP (3.5%, 2026-05-15), GOLDMAN SACHS GROUP INC (2.9%, 2026-02-12), Two Seas Capital LP (5.0%, 2025-12-23), MILLENNIUM MANAGEMENT LLC (2.0%, 2025-12-22)
Insider purchases and sales in Q2 2025
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.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Two Seas Capital LP 16.49% of their portfolio | 11.4m $168.2m | Added +41.0k |
| OAKTREE CAPITAL MANAGEMENT LP 3.22% of their portfolio | 11.0m $162.3m | Unchanged |
| DEERFIELD MANAGEMENT COMPANY, L.P. 2.83% of their portfolio | 10.6m $155.8m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 9.6m $141.0m | Added +1.2m |
| Madison Avenue Partners, LP 7.80% of their portfolio | 7.9m $116.8m | Added +130.1k |
| BlackRock, Inc. 0.00% of their portfolio | 5.7m $83.8m | Added +5.6m |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.6m $83.9m | Added +1.0m |
| Rubric Capital Management LP 1.10% of their portfolio | 4.6m $68.5m | Added +1.1m |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 3.6m $52.7m | Added +1.7m |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 3.4m $50.1m | Added +931.2k |
| Newtyn Management, LLC 5.82% of their portfolio | 2.6m $38.4m | Added +956.1k |
| UBS Group AG 0.01% of their portfolio | 2.4m $35.2m | Reduced -1.1m |
| MANGROVE PARTNERS IM, LLC 3.60% of their portfolio | 2.3m $33.5m | Added +1.6m |
| Jefferies Financial Group Inc. 0.54% of their portfolio | 2.2m $32.5m | Added +708.9k |
| BARCLAYS PLC 0.01% of their portfolio | 2.1m $30.9m | Added +756.6k |
| SCOPIA CAPITAL MANAGEMENT LP 2.98% of their portfolio | 1.7m $24.4m | Reduced -220.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $23.2m | Added +1.4m |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $23.1m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio | 1.5m $22.0m | Added +827.2k |
| PFM Health Sciences, LP 1.73% of their portfolio | 1.4m $20.0m | Added +196.1k |
| Krensavage Asset Management, LLC 7.60% of their portfolio | 974.5k $14.4m | Added +9.1k |
| GENDELL JEFFREY L 0.34% of their portfolio | 856.5k $12.6m | Added +250.0k |
| Claret Asset Management Corp 1.42% of their portfolio | 744.3k $11.0m | Reduced -937 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 735.2k $10.8m | New |
| ARDSLEY ADVISORY PARTNERS LP 1.75% of their portfolio | 725.0k $10.7m | Added +100.0k |
| Legal & General Group Plc 0.00% of their portfolio | 647.6k $9.5m | Reduced -117.8k |
| VR Advisory Services Ltd 2.54% of their portfolio | 641.2k $9.5m | Unchanged |
| Alta Fundamental Advisers LLC 4.63% of their portfolio | 575.0k $8.5m | Added +240.6k |
| MORGAN STANLEY 0.00% of their portfolio | 567.3k $8.4m | Reduced -145.9k |
| NOMURA HOLDINGS INC 0.06% of their portfolio | 515.8k $7.6m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 486.9k $7.2m | Added +96.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 486.9k $7.2m | Reduced -1.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 391.4k $5.8m | Added +340.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 360.9k $5.3m | Added +93.9k |
| Stonepine Capital Management, LLC 5.08% of their portfolio | 350.0k $5.2m | Added +46.0k |
| Nuveen, LLC 0.00% of their portfolio | 342.2k $5.1m | Added +257.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 310.6k $4.6m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 307.6k $4.5m | New |
| CLARK ESTATES INC/NY 0.67% of their portfolio | 203.6k $3.0m | Added +17.3k |
| CITIGROUP INC 0.00% of their portfolio | 198.4k $2.9m | Added +61.9k |
| Hennion & Walsh Asset Management, Inc. 0.12% of their portfolio | 197.0k $2.9m | Added +54.6k |
| Swiss National Bank 0.00% of their portfolio | 190.5k $2.8m | Reduced -2.6k |
| Jump Financial, LLC 0.03% of their portfolio | 186.4k $2.7m | New |
| PDT Partners, LLC 0.15% of their portfolio | 182.4k $2.7m | Reduced -42.7k |
| Amundi 0.00% of their portfolio | 177.9k $2.7m | Added +19.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 176.0k $2.6m | New |
| Melqart Asset Management (UK) Ltd 0.35% of their portfolio | 167.5k $2.5m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 136.5k $2.0m | Added +123.5k |
| Divisadero Street Capital Management, LP 0.13% of their portfolio | 136.0k $2.0m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 128.4k $1.9m | Reduced -171.7k |
| CenterBook Partners LP 0.10% of their portfolio | 121.7k $1.8m | Reduced -127.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 105.6k $1.6m | Reduced -33.3k |
| VELA Investment Management, LLC 0.46% of their portfolio | 105.0k $1.5m | Reduced -74.6k |
| Tejara Capital Ltd 0.66% of their portfolio | 96.7k $1.4m | Reduced -24.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 94.6k $1.4m | Added +26.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 94.5k $1.4m | Added +63.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 86.3k $1.3m | Added +27.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 82.8k $1.2m | Reduced -912.2k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 73.0k $1.1m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 67.3k $991.9k | Added +66.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 66.5k $980.0k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 61.7k $908.8k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 60.6k $893.0k | New |
| Evelyn Partners Investment Management Services Ltd 0.13% of their portfolio | 58.0k $854.8k | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 58.0k $854.6k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 56.4k $832.0k | Added +27.8k |
| STRS OHIO 0.00% of their portfolio | 56.2k $828.4k | New |
| Rathbones Group PLC 0.00% of their portfolio | 56.0k $831.7k | Added +41.8k |
| Campbell & CO Investment Adviser LLC 0.05% of their portfolio | 51.9k $768.3k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 47.6k $702.4k | Added +35.0k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 45.8k $639.0k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 45.3k $673.5k | Reduced -106 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 44.1k $654.6k | Reduced -4.4k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 42.6k $627.8k | Added +8.1k |
| Walleye Capital LLC 0.01% of their portfolio | 40.3k $593.5k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 36.2k $534.0k | New |
| SIH Partners, LLLP 0.05% of their portfolio | 35.0k $515.6k | Reduced -46.8k |
| Engineers Gate Manager LP 0.01% of their portfolio | 33.8k $498.2k | Added +10.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 33.4k $492.1k | New |
| ProShare Advisors LLC 0.00% of their portfolio | 29.5k $435.3k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 27.4k $403.2k | New |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 26.9k $396.0k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.05% of their portfolio | 26.8k $395.0k | New |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 25.4k $375.0k | Added +3.8k |
| China Universal Asset Management Co., Ltd. 0.03% of their portfolio | 25.1k $369.4k | Added +159 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio | 23.1k $340.0k | Reduced -117.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 21.1k $311.7k | Reduced -48.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 19.1k $281.6k | New |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 17.8k $261.8k | New |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 15.5k $229.6k | Added +1.3k |
| INTREPID FAMILY OFFICE LLC 0.24% of their portfolio | 15.0k $221.1k | Reduced -10.0k |
| CIBC WORLD MARKETS CORP 0.00% of their portfolio | 14.9k $220.3k | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 14.1k $207.4k | New |
| Kazazian Asset Management, LLC 0.28% of their portfolio | 13.6k $202.2k | Reduced -65.8k |
| Evelyn Partners Investment Management LLP 0.01% of their portfolio | 12.2k $179.6k | Reduced -1.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 11.2k $164.6k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 10.6k $155.8k | Added +9.5k |
| Two West Capital Advisors LLC 0.12% of their portfolio | 10.5k $180.0k | Unchanged |
| SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 0.01% of their portfolio | 10.0k $147.4k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 7.6k $111.6k | New |