Vault-13

INDIVIOR PLC INDV

ORD · Common Stock · CUSIP G4766E116

121 institutional holders +4 vs Q1 2025
106,956,142107.0m shares reported held*
$1.6bnreported value*
37 new 45 added 23 reduced 31 sold out net bought ≈ $250.2m (+17.0m 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 ($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

050100150Q2 23: 61Q3 23: 77Q4 23: 77Q1 24: 96Q2 24: 100Q3 24: 104Q4 24: 114Q1 25: 117Q2 25: 121121Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q2 202361
Q3 202377
Q4 202377
Q1 202496
Q2 2024100
Q3 2024104
Q4 2024114
Q1 2025117
Q2 2025121

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 37 bought or addedQ3 23: 28 cut or sold outQ4 23: 33 bought or addedQ4 23: 32 cut or sold outQ4 23Q1 24: 51 bought or addedQ1 24: 33 cut or sold outQ2 24: 46 bought or addedQ2 24: 43 cut or sold outQ2 24Q3 24: 54 bought or addedQ3 24: 51 cut or sold outQ4 24: 60 bought or addedQ4 24: 39 cut or sold outQ4 24Q1 25: 58 bought or addedQ1 25: 62 cut or sold outQ2 25: 82 bought or addedQ2 25: 54 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233728
Q4 20233332
Q1 20245133
Q2 20244643
Q3 20245451
Q4 20246039
Q1 20255862
Q2 20258254

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 24 calls: $2.2mQ3 24 puts: $1.7mQ3 24P/C 0.81Q4 24 calls: $826.6kQ4 24 puts: $811.4kQ4 24P/C 0.98Q1 25 calls: $855.8kQ1 25 puts: $147.2kQ1 25P/C 0.17Q2 25 calls: $4.2mQ2 25 puts: $373.9kQ2 25P/C 0.09
Numbers
QuarterCallsPutsP/C
Q3 2024$2.2m$1.7m0.81
Q4 2024$826.6k$811.4k0.98
Q1 2025$855.8k$147.2k0.17
Q2 2025$4.2m$373.9k0.09

Biggest buyers

BlackRock, Inc. Added +5,617,001+5.6m
Point72 Asset Management, L.P. Added +1,686,628+1.7m
STATE STREET CORP New +1,570,341+1.6m
MANGROVE PARTNERS IM, LLC Added +1,559,870+1.6m
GEODE CAPITAL MANAGEMENT, LLC Added +1,447,939+1.4m
GOLDMAN SACHS GROUP INC Added +1,195,095+1.2m
Rubric Capital Management LP Added +1,117,140+1.1m
VANGUARD GROUP INC Added +1,016,088+1.0m
Newtyn Management, LLC Added +956,080+956.1k
MILLENNIUM MANAGEMENT LLC Added +931,199+931.2k

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,785,055-1.8m
UBS Group AG Reduced -1,139,289-1.1m
JANE STREET GROUP, LLC Reduced -912,183-912.2k
Fund 1 Investments, LLC Sold out -427,439-427.4k
MARSHALL WACE, LLP Sold out -394,841-394.8k
Verition Fund Management LLC Sold out -275,088-275.1k
HRT FINANCIAL LP Sold out -254,685-254.7k
Qube Research & Technologies Ltd Sold out -239,389-239.4k
SCOPIA CAPITAL MANAGEMENT LP Reduced -220,253-220.3k
Squarepoint Ops LLC Sold out -201,577-201.6k

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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +7.5 pts · filed 2026-01-08 14.3% +7.5 pts 17.8m 2026-01-08
Oaktree Capital Holdings, LLC 13D · may seek influence -1.3 pts · filed 2025-12-30 5.7% -1.3 pts 7.1m 2025-12-30
FULLER & THALER ASSET MANAGEMENT, INC. 13G · institution new · filed 2026-02-17 5.1% new 6.4m 2026-02-17

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Two Seas Capital LP 16.49% of their portfolio RYE, NY 11,407,79511.4m $168.2m $168.2m 16.49% Added +41.0k +41,018
2 OAKTREE CAPITAL MANAGEMENT LP 3.22% of their portfolio LOS ANGELES, CA 11,009,12511.0m $162.3m $162.3m 3.22% Unchanged
3 DEERFIELD MANAGEMENT COMPANY, L.P. 2.83% of their portfolio New York, NY 10,567,16010.6m $155.8m $155.8m 2.83% Unchanged
4 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 9,564,0919.6m $141.0m $141.0m 0.02% Added +1.2m +1,195,095
5 Madison Avenue Partners, LP 7.80% of their portfolio NEW YORK, NY 7,922,1787.9m $116.8m $116.8m 7.80% Added +130.1k +130,089
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,684,5785.7m $83.8m $83.8m 0.00% Added +5.6m +5,617,001
7 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,647,3095.6m $83.9m $83.9m 0.00% Added +1.0m +1,016,088
8 Rubric Capital Management LP 1.10% of their portfolio NEW YORK, NY 4,647,1794.6m $68.5m $68.5m 1.10% Added +1.1m +1,117,140
9 Point72 Asset Management, L.P. 0.12% of their portfolio STAMFORD, CT 3,572,8593.6m $52.7m $52.7m 0.12% Added +1.7m +1,686,628
10 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 3,396,9133.4m $50.1m $50.1m 0.04% Added +931.2k +931,199
11 Newtyn Management, LLC 5.82% of their portfolio NEW YORK, NY 2,607,0182.6m $38.4m $38.4m 5.82% Added +956.1k +956,080
12 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,387,9902.4m $35.2m $35.2m 0.01% Reduced -1.1m -1,139,289
13 MANGROVE PARTNERS IM, LLC 3.60% of their portfolio Greenwich, CT 2,272,6682.3m $33.5m $33.5m 3.60% Added +1.6m +1,559,870
14 Jefferies Financial Group Inc. 0.54% of their portfolio NEW YORK, NY 2,190,2742.2m $32.5m $32.5m 0.54% Added +708.9k +708,941
15 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 2,099,0602.1m $30.9m $30.9m 0.01% Added +756.6k +756,579
16 SCOPIA CAPITAL MANAGEMENT LP 2.98% of their portfolio NEW YORK, NY 1,654,8551.7m $24.4m $24.4m 2.98% Reduced -220.3k -220,253
17 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,576,9151.6m $23.2m $23.2m 0.00% Added +1.4m +1,447,939
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,570,3411.6m $23.1m $23.1m 0.00% New
19 ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio Boston, MA 1,492,2721.5m $22.0m $22.0m 0.05% Added +827.2k +827,230
20 PFM Health Sciences, LP 1.73% of their portfolio SAN FRANCISCO, CA 1,355,9311.4m $20.0m $20.0m 1.73% Added +196.1k +196,098
21 Krensavage Asset Management, LLC 7.60% of their portfolio NEW YORK, NY 974,474974.5k $14.4m $14.4m 7.60% Added +9.1k +9,106
22 GENDELL JEFFREY L 0.34% of their portfolio Greenwich, CT 856,481856.5k $12.6m $12.6m 0.34% Added +250.0k +250,000
23 Claret Asset Management Corp 1.42% of their portfolio MONTREAL, A8 744,282744.3k $11.0m $11.0m 1.42% Reduced -937 -937
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 735,164735.2k $10.8m $10.8m 0.00% New
25 ARDSLEY ADVISORY PARTNERS LP 1.75% of their portfolio Norwalk, CT 725,000725.0k $10.7m $10.7m 1.75% Added +100.0k +100,000
26 Legal & General Group Plc 0.00% of their portfolio London, X0 647,563647.6k $9.5m $9.5m 0.00% Reduced -117.8k -117,849
27 VR Advisory Services Ltd 2.54% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 641,210641.2k $9.5m $9.5m 2.54% Unchanged
28 Alta Fundamental Advisers LLC 4.63% of their portfolio NEW YORK, NY 575,049575.0k $8.5m $8.5m 4.63% Added +240.6k +240,580
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 567,271567.3k $8.4m $8.4m 0.00% Reduced -145.9k -145,912
30 NOMURA HOLDINGS INC 0.06% of their portfolio TOKYO, M0 515,754515.8k $7.6m $7.6m 0.06% New
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 486,916486.9k $7.2m $7.2m 0.00% Added +96.2k +96,192
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 486,887486.9k $7.2m $7.2m 0.01% Reduced -1.8m -1,785,055
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 391,386391.4k $5.8m $5.8m 0.00% Added +340.5k +340,498
34 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 360,888360.9k $5.3m $5.3m 0.00% Added +93.9k +93,911
35 Stonepine Capital Management, LLC 5.08% of their portfolio Bend, OR 350,000350.0k $5.2m $5.2m 5.08% Added +46.0k +46,000
36 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 342,243342.2k $5.1m $5.1m 0.00% Added +257.5k +257,519
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 310,636310.6k $4.6m $4.6m 0.00% New
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 307,564307.6k $4.5m $4.5m 0.00% New
39 CLARK ESTATES INC/NY 0.67% of their portfolio NEW YORK, NY 203,600203.6k $3.0m $3.0m 0.67% Added +17.3k +17,325
40 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 198,361198.4k $2.9m $2.9m 0.00% Added +61.9k +61,901
41 Hennion & Walsh Asset Management, Inc. 0.12% of their portfolio Parsippany, NJ 197,027197.0k $2.9m $2.9m 0.12% Added +54.6k +54,583
42 Swiss National Bank 0.00% of their portfolio ZURICH, V8 190,531190.5k $2.8m $2.8m 0.00% Reduced -2.6k -2,642
43 Jump Financial, LLC 0.03% of their portfolio Chicago, IL 186,418186.4k $2.7m $2.7m 0.03% New
44 PDT Partners, LLC 0.15% of their portfolio New York, NY 182,419182.4k $2.7m $2.7m 0.15% Reduced -42.7k -42,696
45 Amundi 0.00% of their portfolio Paris, I0 177,914177.9k $2.7m $2.7m 0.00% Added +19.5k +19,459
46 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 175,989176.0k $2.6m $2.6m 0.00% New
47 Melqart Asset Management (UK) Ltd 0.35% of their portfolio London, X0 167,539167.5k $2.5m $2.5m 0.35% New
48 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 136,534136.5k $2.0m $2.0m 0.00% Added +123.5k +123,500
49 Divisadero Street Capital Management, LP 0.13% of their portfolio MIAMI, FL 136,000136.0k $2.0m $2.0m 0.13% New
50 BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio NEW YORK, NY 128,406128.4k $1.9m $1.9m 0.06% Reduced -171.7k -171,701
51 CenterBook Partners LP 0.10% of their portfolio GREENWICH, CT 121,672121.7k $1.8m $1.8m 0.10% Reduced -127.8k -127,754
52 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 105,563105.6k $1.6m $1.6m 0.00% Reduced -33.3k -33,310
53 VELA Investment Management, LLC 0.46% of their portfolio NEW ALBANY, OH 105,027105.0k $1.5m $1.5m 0.46% Reduced -74.6k -74,632
54 Tejara Capital Ltd 0.66% of their portfolio London, X0 96,72596.7k $1.4m $1.4m 0.66% Reduced -24.7k -24,675
55 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 94,63394.6k $1.4m $1.4m 0.00% Added +26.5k +26,529
56 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 94,54094.5k $1.4m $1.4m 0.00% Added +63.6k +63,580
57 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 86,27886.3k $1.3m $1.3m 0.00% Added +27.6k +27,606
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 82,83082.8k $1.2m $1.2m 0.00% Reduced -912.2k -912,183
59 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 72,95073.0k $1.1m $1.1m 0.01% New
60 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,29467.3k $991.9k $991.9k 0.00% Added +66.1k +66,118
61 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 66,48666.5k $980.0k $980.0k 0.00% New
62 INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio WEST PALM BEACH, FL 61,65361.7k $908.8k $908.8k 0.01% New
63 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 60,56560.6k $893.0k $893.0k 0.00% New
64 Evelyn Partners Investment Management Services Ltd 0.13% of their portfolio London, X0 57,99158.0k $854.8k $854.8k 0.13% Unchanged
65 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 57,97758.0k $854.6k $854.6k 0.00% New
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 56,41256.4k $832.0k $832.0k 0.00% Added +27.8k +27,770
67 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 56,20056.2k $828.4k $828.4k 0.00% New
68 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 56,01556.0k $831.7k $831.7k 0.00% Added +41.8k +41,831
69 Campbell & CO Investment Adviser LLC 0.05% of their portfolio BALTIMORE, MD 51,94851.9k $768.3k $768.3k 0.05% New
70 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 47,59747.6k $702.4k $702.4k 0.00% Added +35.0k +35,008
71 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 45,76645.8k $639.0k $639.0k 0.00% Unchanged
72 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 45,34145.3k $673.5k $673.5k 0.00% Reduced -106 -106
73 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 44,07644.1k $654.6k $654.6k 0.00% Reduced -4.4k -4,398
74 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 42,59142.6k $627.8k $627.8k 0.00% Added +8.1k +8,114
75 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 40,26840.3k $593.5k $593.5k 0.01% New
76 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 36,20636.2k $534.0k $534.0k 0.00% New
77 SIH Partners, LLLP 0.05% of their portfolio Wilmington, DE 34,98035.0k $515.6k $515.6k 0.05% Reduced -46.8k -46,787
78 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 33,80233.8k $498.2k $498.2k 0.01% Added +10.0k +10,018
79 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 33,38433.4k $492.1k $492.1k 0.00% New
80 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 29,53529.5k $435.3k $435.3k 0.00% New
81 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 27,35727.4k $403.2k $403.2k 0.00% New
82 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 26,86426.9k $396.0k $396.0k 0.00% Unchanged
83 Dynamic Technology Lab Private Ltd 0.05% of their portfolio SINGAPORE, U0 26,82926.8k $395.0k $395.0k 0.05% New
84 Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio HONG KONG, K3 25,44325.4k $375.0k $375.0k 0.01% Added +3.8k +3,769
85 China Universal Asset Management Co., Ltd. 0.03% of their portfolio SHANGHAI, F4 25,05925.1k $369.4k $369.4k 0.03% Added +159 +159
86 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio Englewood, NJ 23,06723.1k $340.0k $340.0k 0.03% Reduced -117.1k -117,070
87 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 21,14621.1k $311.7k $311.7k 0.00% Reduced -48.5k -48,483
88 MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio BOSTON, MA 19,10219.1k $281.6k $281.6k 0.01% New
89 State of New Jersey Common Pension Fund D 0.00% of their portfolio TRENTON, NJ 17,75817.8k $261.8k $261.8k 0.00% New
90 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 15,45515.5k $229.6k $229.6k 0.00% Added +1.3k +1,327
91 INTREPID FAMILY OFFICE LLC 0.24% of their portfolio SARASOTA, FL 15,00015.0k $221.1k $221.1k 0.24% Reduced -10.0k -10,000
92 CIBC WORLD MARKETS CORP 0.00% of their portfolio NEW YORK, NY 14,94814.9k $220.3k $220.3k 0.00% New
93 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 14,07014.1k $207.4k $207.4k 0.00% New
94 Kazazian Asset Management, LLC 0.28% of their portfolio FORT LAUDERDALE, FL 13,58313.6k $202.2k $202.2k 0.28% Reduced -65.8k -65,842
95 Evelyn Partners Investment Management LLP 0.01% of their portfolio London, X0 12,18412.2k $179.6k $179.6k 0.01% Reduced -1.5k -1,497
96 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 11,16411.2k $164.6k $164.6k 0.00% New
97 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 10,56710.6k $155.8k $155.8k 0.00% Added +9.5k +9,456
98 Two West Capital Advisors LLC 0.12% of their portfolio Overland Park, KS 10,50010.5k $180.0k $180.0k 0.12% Unchanged
99 SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 0.01% of their portfolio NEENAH, WI 10,00010.0k $147.4k $147.4k 0.01% Unchanged
100 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 7,5707.6k $111.6k $111.6k 0.00% New