NOVOCURE LTD NVCR
ORD SHS · Common Stock · CUSIP G6674U108
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- 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 ($1.2m this quarter). Holder counts are more reliable. Shares outstanding: 106.6m as of 2023-07-21, 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 ≈ $41.59. Options: 19 managers hold calls ($103.3m notional), 17 hold puts ($43.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 304 |
| Q4 2022 | 303 |
| Q1 2023 | 297 |
| Q2 2023 | 268 |
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 | 135 | 128 |
| Q1 2023 | 131 | 148 |
| Q2 2023 | 106 | 158 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $76.8m | $104.8m | 1.36 |
| Q4 2022 | $137.0m | $196.1m | 1.43 |
| Q1 2023 | $151.2m | $57.8m | 0.38 |
| Q2 2023 | $103.3m | $43.8m | 0.42 |
Biggest buyers
| Capital International Investors | Added | +1.2m |
| COATUE MANAGEMENT LLC | New | +885.7k |
| Palo Alto Investors LP | Added | +545.3k |
| CITADEL ADVISORS LLC | Added | +528.2k |
| Balyasny Asset Management L.P. | Added | +501.1k |
| JANE STREET GROUP, LLC | Added | +359.3k |
| MORGAN STANLEY | Added | +328.0k |
| T. Rowe Price Investment Management, Inc. | Added | +312.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +211.4k |
| TWINBEECH CAPITAL LP | Added | +202.0k |
Biggest sellers
| FMR LLC | Reduced | -15.7m |
| Capital World Investors | Reduced | -2.6m |
| STATE STREET CORP | Reduced | -304.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -228.4k |
| BlackRock Inc. | Reduced | -203.9k |
| JPMORGAN CHASE & CO | Reduced | -191.9k |
| Amundi | Reduced | -140.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -124.5k |
| AVIVA PLC | Reduced | -115.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -110.2k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $20.3m489.7k shares |
| CITIGROUP INC | Added | $19.9m479.0k shares |
| Balyasny Asset Management L.P. | Added | $16.2m390.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.2m317.7k shares |
| MILLENNIUM MANAGEMENT LLC | New | $8.6m207.9k shares |
| GROUP ONE TRADING LLC | Added | $7.7m186.1k shares |
| SIMPLEX TRADING, LLC | Added | $6.1m148.1k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m64.5k shares |
| Caption Management, LLC | Added | $2.3m55.4k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $1.7m42.1k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $16.5m396.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.3m248.3k shares |
| UBS Group AG | Added | $3.6m86.2k shares |
| GROUP ONE TRADING LLC | Added | $3.4m81.0k shares |
| CITIGROUP INC | Added | $3.1m75.9k shares |
| Balyasny Asset Management L.P. | New | $2.6m62.7k shares |
| WOLVERINE TRADING, LLC | Added | $975.0k24.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $726.0k17.5k shares |
| Point72 Asset Management, L.P. | New | $622.5k15.0k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $464.8k11.2k 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 |
|---|---|
| Soleus Capital Master Fund, L.P. 13G · passive investor +1.5 pts · filed 2026-05-08 | 9.1% |
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 8.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.6% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $509.5k | 1 | $22.4k | — |
| Q1 2022 | 0 | — | 8 | $3.2m | — |
| Q2 2022 | 0 | — | 2 | $294.0k | — |
| Q3 2022 | 0 | — | 7 | $4.7m | — |
| Q4 2022 | 0 | — | 1 | $1.1m | — |
| Q1 2023 | 0 | — | 7 | $35.1m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.06% of their portfolio | 15.9m $661.1m | Reduced -15.7m |
| Capital World Investors 0.09% of their portfolio | 11.4m $472.7m | Reduced -2.6m |
| VANGUARD GROUP INC 0.01% of their portfolio | 9.7m $401.1m | Reduced -53.8k |
| Capital International Investors 0.09% of their portfolio | 8.8m $365.6m | Added +1.2m |
| BAILLIE GIFFORD & CO 0.31% of their portfolio | 8.7m $360.7m | Added +87.0k |
| BlackRock Inc. 0.01% of their portfolio | 8.1m $337.0m | Reduced -203.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.5m $105.6m | Reduced -110.2k |
| STATE STREET CORP 0.01% of their portfolio | 2.5m $102.4m | Reduced -304.0k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 1.9m $78.5m | Added +312.4k |
| Nordwand Advisors, LLC 10.78% of their portfolio | 1.5m $62.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.5m $60.5m | Added +58.7k |
| NORGES BANK 0.01% of their portfolio | 1.1m $45.8m | Added +25.7k |
| COATUE MANAGEMENT LLC 0.18% of their portfolio | 885.7k $36.8m | New |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 859.1k $35.7m | Added +501.1k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 817.7k $33.9m | Reduced -60.0k |
| MORGAN STANLEY 0.00% of their portfolio | 810.5k $33.6m | Added +328.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 583.0k $24.2m | Reduced -34.4k |
| Palo Alto Investors LP 1.94% of their portfolio | 578.1k $24.0m | Added +545.3k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 551.7k $22.9m | Added +528.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 543.3k $22.5m | Added +6.0k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 527.8k $21.9m | Added +359.3k |
| Legal & General Group Plc 0.01% of their portfolio | 511.6k $21.2m | Added +70.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 440.5k $18.3m | Reduced -5.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 426.4k $25.6m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 388.3k $16.1m | Added +106.8k |
| Invus Financial Advisors, LLC 7.79% of their portfolio | 350.9k $14.6m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 341.3k $14.2m | Reduced -32.6k |
| HARTLINE INVESTMENT CORP/ 2.24% of their portfolio | 316.3k $13.1m | Added +11.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 296.8k $12.3m | Reduced -4.6k |
| TWINBEECH CAPITAL LP 0.23% of their portfolio | 285.2k $11.8m | Added +202.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 276.2k $11.5m | Added +163.7k |
| TD Asset Management Inc 0.01% of their portfolio | 250.6k $10.4m | Added +11.2k |
| Soleus Capital Management, L.P. 1.13% of their portfolio | 245.1k $10.2m | Added +115.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 232.4k $9.6m | Reduced -35.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 222.2k $9.2m | Added +211.4k |
| C WorldWide Group Holding A/S 0.12% of their portfolio | 221.8k $9.2m | Unchanged |
| MARSHALL WACE, LLP 0.02% of their portfolio | 216.6k $9.0m | Added +200.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 211.2k $8.8m | Reduced -10.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.08% of their portfolio | 196.5k $8.2m | Reduced -124.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 191.0k $7.9m | Reduced -6.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 157.3k $6.5m | Reduced -4.0k |
| Invesco Ltd. 0.00% of their portfolio | 155.1k $6.4m | Added +3.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 133.1k $5.5m | Added +15.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 133.1k $5.5m | Reduced -191.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 132.6k $5.5m | Added +100.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 129.7k $5.4m | Reduced -73.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 125.4k $5.2m | Reduced -228.4k |
| Rock Springs Capital Management LP 0.12% of their portfolio | 125.0k $5.2m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 120.9k $5.0m | Reduced -5.1k |
| Bridgewater Associates, LP 0.03% of their portfolio | 115.2k $4.8m | Reduced -12.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 114.7k $4.8m | Reduced -3.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 112.7k $4.7m | Reduced -40.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 102.6k $4.3m | Reduced -75.3k |
| TANG CAPITAL MANAGEMENT LLC 0.61% of their portfolio | 100.0k $4.2m | New |
| Man Group plc 0.01% of their portfolio | 99.9k $4.1m | New |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.04% of their portfolio | 94.8k $3.9m | Unchanged |
| COLONY GROUP LLC 0.05% of their portfolio | 92.8k $3.8m | Added +88.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 90.4k $3.8m | Added +2.8k |
| Swedbank AB 0.01% of their portfolio | 87.3k $3.6m | Reduced -1.2k |
| AVIVA PLC 0.01% of their portfolio | 87.0k $3.6m | Reduced -115.3k |
| CITIGROUP INC 0.00% of their portfolio | 86.8k $3.6m | Reduced -12.0k |
| APG Asset Management N.V. 0.01% of their portfolio | 83.5k $3.2m | Unchanged |
| CAPITAL INTERNATIONAL LTD /CA/ 0.19% of their portfolio | 82.6k $3.4m | Reduced -18.2k |
| BARCLAYS PLC 0.00% of their portfolio | 82.6k $3.4m | Reduced -10.0k |
| Amundi 0.00% of their portfolio | 81.9k $3.5m | Reduced -140.8k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 79.9k $3.3m | Added +454 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 78.7k $3.2m | Reduced -7.5k |
| Capital International, Inc./CA/ 0.06% of their portfolio | 78.4k $3.3m | Reduced -8.7k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 77.9k $3.2m | Added +14.7k |
| Lindbrook Capital, LLC 0.34% of their portfolio | 77.0k $3.2m | Added +24.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 74.8k $3.1m | New |
| CAPITAL INTERNATIONAL SARL 0.14% of their portfolio | 72.9k $3.0m | Reduced -11.8k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 70.6k $2.9m | Added +14.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 69.2k $2.9m | Added +60.0k |
| Taylor Frigon Capital Management LLC 1.35% of their portfolio | 66.6k $2.8m | Added +25.2k |
| Engineers Gate Manager LP 0.10% of their portfolio | 66.4k $2.8m | Added +31.5k |
| SEVEN EIGHT CAPITAL, LP 0.45% of their portfolio | 65.7k $2.7m | New |
| BANQUE PICTET & CIE SA 0.02% of their portfolio | 58.3k $2.4m | Added +26.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 58.0k $2.4m | Unchanged |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 56.2k $2.3m | Added +42 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 55.6k $2.3m | Added +22.6k |
| DUALITY ADVISERS, LP 0.28% of their portfolio | 54.5k $2.3m | Added +38.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 49.4k $2.1m | Reduced -646 |
| Mn Services Vermogensbeheer B.V. 0.02% of their portfolio | 45.9k $1.9m | Unchanged |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 45.9k $1.9m | Added +690 |
| Aberdeen Group plc 0.00% of their portfolio | 45.4k $1.9m | Added +1.7k |
| GROUP ONE TRADING LLC 0.08% of their portfolio | 45.2k $1.9m | Added +21.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 44.8k $1.9m | Added +28.3k |
| Walleye Capital LLC 0.03% of their portfolio | 40.0k $1.7m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 34.9k $1.4m | Added +1.4k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 34.8k $1.4m | Added +5.3k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 34.5k $1.4m | Reduced -2.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 33.2k $1.4m | Added +12.6k |
| Korea Investment CORP 0.00% of their portfolio | 33.1k $1.4m | Added +6.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 33.0k $1.4m | Added +131 |
| INTERNATIONAL BIOTECHNOLOGY TRUST PLC 0.40% of their portfolio | 32.0k $1.3m | Unchanged |
| Swiss Life Asset Management Ltd 0.02% of their portfolio | 26.8k $1.1m | Added +1.6k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 26.2k $1.1m | Reduced -302 |
| ARIZONA STATE RETIREMENT SYSTEM 0.01% of their portfolio | 25.9k $1.1m | Reduced -1.6k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 24.8k $1.0m | New |