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 ($1.4m this quarter). Holder counts are more reliable. Shares outstanding: 108.2m as of 2024-07-19, 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 ≈ $17.13. Options: 13 managers hold calls ($22.4m notional), 12 hold puts ($5.5m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 304 |
| Q4 2022 | 303 |
| Q1 2023 | 297 |
| Q2 2023 | 268 |
| Q3 2023 | 228 |
| Q4 2023 | 220 |
| Q1 2024 | 239 |
| Q2 2024 | 238 |
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 |
| Q3 2023 | 114 | 145 |
| Q4 2023 | 119 | 104 |
| Q1 2024 | 122 | 87 |
| Q2 2024 | 120 | 114 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $23.8m | $13.3m | 0.56 |
| Q4 2023 | $31.0m | $35.4m | 1.14 |
| Q1 2024 | $29.2m | $12.6m | 0.43 |
| Q2 2024 | $22.4m | $5.5m | 0.25 |
Biggest buyers
| BlackRock Inc. | Added | +3.0m |
| Capital International Investors | Added | +2.8m |
| T. Rowe Price Investment Management, Inc. | New | +1.7m |
| VANGUARD GROUP INC | Added | +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +732.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +688.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +480.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | New | +385.4k |
| PANAGORA ASSET MANAGEMENT INC | Added | +309.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +302.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -4.5m |
| BANK OF AMERICA CORP /DE/ | Reduced | -703.5k |
| Soleus Capital Management, L.P. | Reduced | -586.9k |
| Cubist Systematic Strategies, LLC | Reduced | -559.8k |
| Rhenman & Partners Asset Management AB | Sold out | -495.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Sold out | -475.2k |
| Qube Research & Technologies Ltd | Reduced | -467.9k |
| JANE STREET GROUP, LLC | Reduced | -466.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -430.2k |
| STATE STREET CORP | Reduced | -357.2k |
Biggest calls
| UBS Group AG | New | $4.6m267.6k shares |
| JANE STREET GROUP, LLC | Reduced | $4.5m261.0k shares |
| GROUP ONE TRADING LLC | Added | $4.3m253.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.4m139.0k shares |
| CITADEL ADVISORS LLC | Added | $2.3m132.8k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $2.1m120.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $865.0k50.5k shares |
| WOLVERINE TRADING, LLC | Added | $674.9k39.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $529.3k30.9k shares |
| PEAK6 Investments LLC | Unchanged | $128.5k7.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5m145.4k shares |
| D. E. Shaw & Co., Inc. | Added | $1.1m66.7k shares |
| CITADEL ADVISORS LLC | Reduced | $750.3k43.8k shares |
| GROUP ONE TRADING LLC | Reduced | $277.5k16.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $255.0k14.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $227.8k13.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $185.0k10.8k shares |
| Walleye Capital LLC | Added | $121.6k7.1k shares |
| PEAK6 Investments LLC | New | $85.7k5.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $8.6k500 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 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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 7 | $4.7m | — |
| Q4 2022 | 0 | — | 1 | $1.1m | — |
| Q1 2023 | 0 | — | 7 | $35.1m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 3 | $66.2k | — |
| Q4 2023 | 0 | — | 1 | $4.8k | — |
| Q1 2024 | 0 | — | 2 | $164.3k | — |
| Q2 2024 | 0 | — | 3 | $23.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-04 | LEUNG GABRIEL Director | Sold | $23.0k964 shares |
| 2024-06-04 | Scannell Timothy J Director | Sold | $23.0k964 shares |
| 2024-06-04 | VERNON W ANTHONY Director | Sold | $23.0k964 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.02% of their portfolio | 16.1m $276.5m | Added +77.6k |
| BlackRock Inc. 0.00% of their portfolio | 12.1m $207.8m | Added +3.0m |
| Capital International Investors 0.04% of their portfolio | 11.7m $200.4m | Added +2.8m |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.1m $190.6m | Added +1.1m |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $51.5m | Reduced -357.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $40.7m | Added +732.3k |
| Capital World Investors 0.01% of their portfolio | 2.3m $39.5m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 2.2m $36.9m | Reduced -222.9k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 1.7m $29.3m | New |
| BAILLIE GIFFORD & CO 0.02% of their portfolio | 1.7m $28.9m | Reduced -302.9k |
| Nordwand Advisors, LLC 11.32% of their portfolio | 1.5m $26.0m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 1.3m $22.6m | Reduced -119.5k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 1.2m $21.3m | Reduced -144.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.2m $20.7m | Reduced -17.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 1.1m $18.9m | Added +46.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.17% of their portfolio | 1.0m $17.6m | Added +107.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 823.4k $14.1m | Added +688.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 808.1k $13.8m | Added +277.0k |
| MORGAN STANLEY 0.00% of their portfolio | 806.5k $13.8m | Reduced -4.5m |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 760.2k $13.0m | Added +480.6k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 742.9k $12.7m | Added +40.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 699.3k $12.0m | Reduced -254.6k |
| COATUE MANAGEMENT LLC 0.04% of their portfolio | 608.7k $10.4m | Unchanged |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 595.0k $10.2m | Added +167.7k |
| Palo Alto Investors LP 1.12% of their portfolio | 561.9k $9.6m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 551.6k $9.4m | Reduced -703.5k |
| C WorldWide Group Holding A/S 0.10% of their portfolio | 521.8k $8.9m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 516.9k $8.9m | Added +128.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 501.4k $8.6m | Added +3.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 497.5k $8.5m | Reduced -272.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 443.7k $7.6m | Added +154.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 431.4k $7.4m | Added +302.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 420.0k $7.2m | Added +152.2k |
| UBS Group AG 0.00% of their portfolio | 410.7k $7.0m | Added +65.1k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 409.8k $7.0m | Added +309.8k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio | 385.4k $6.6m | New |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 382.6k $6.6m | Added +17.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 366.7k $6.3m | Added +52.3k |
| Quantinno Capital Management LP 0.11% of their portfolio | 354.5k $6.1m | Added +297.2k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 354.0k $6.1m | Reduced -559.8k |
| Invus Financial Advisors, LLC 6.74% of their portfolio | 350.9k $6.0m | Unchanged |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 322.5k $5.5m | Reduced -467.9k |
| BARCLAYS PLC 0.00% of their portfolio | 322.3k $5.5m | Added +86.9k |
| Man Group plc 0.01% of their portfolio | 300.2k $5.1m | Reduced -243.7k |
| TD Asset Management Inc 0.00% of their portfolio | 294.8k $5.0m | Added +13.3k |
| Engineers Gate Manager LP 0.11% of their portfolio | 292.9k $5.0m | Added +10.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 247.3k $4.2m | Added +29.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 241.5k $4.1m | Reduced -88.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 232.8k $4.0m | Added +195.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 225.5k $3.9m | Added +197.6k |
| Swiss National Bank 0.00% of their portfolio | 199.6k $3.4m | Unchanged |
| PDT Partners, LLC 0.31% of their portfolio | 188.4k $3.2m | Added +100 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 187.8k $3.2m | Added +38.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 187.4k $3.2m | Reduced -430.2k |
| Trexquant Investment LP 0.05% of their portfolio | 185.9k $3.2m | Reduced -92.4k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.52% of their portfolio | 161.5k $2.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 160.0k $2.7m | Reduced -9.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 150.1k $2.6m | Added +37.4k |
| SG Americas Securities, LLC 0.02% of their portfolio | 141.6k $2.4m | Reduced -217.9k |
| Taylor Frigon Capital Management LLC 1.09% of their portfolio | 133.3k $2.3m | Added +6.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 132.3k $2.3m | Added +97.4k |
| TWINBEECH CAPITAL LP 0.04% of their portfolio | 125.1k $2.1m | Reduced -3.8k |
| CITIGROUP INC 0.00% of their portfolio | 123.8k $2.1m | Added +12.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 120.5k $2.1m | Added +43.1k |
| Jump Financial, LLC 0.04% of their portfolio | 111.4k $1.9m | Reduced -998 |
| Invesco Ltd. 0.00% of their portfolio | 109.9k $1.9m | Reduced -31.2k |
| Soleus Capital Management, L.P. 0.16% of their portfolio | 108.9k $1.9m | Reduced -586.9k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 101.1k $1.7m | Reduced -262.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 100.7k $1.7m | Added +29.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 100.0k $1.7m | Reduced -466.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 99.6k $1.7m | Reduced -2.4k |
| Focus Partners Wealth 0.01% of their portfolio | 94.9k $1.6m | Added +1.6k |
| Verition Fund Management LLC 0.01% of their portfolio | 85.1k $1.5m | Added +38.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 84.5k $1.4m | New |
| Bridgewater Associates, LP 0.01% of their portfolio | 81.3k $1.4m | Reduced -16.2k |
| SpiderRock Advisors, LLC 0.04% of their portfolio | 80.7k $1.4m | Reduced -7.3k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 79.2k $1.4m | Added +40.1k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 76.3k $1.3m | Reduced -156.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 74.0k $1.3m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 73.8k $1.3m | Reduced -75.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 72.9k $1.2m | Reduced -13.0k |
| SUPERSTRING CAPITAL MANAGEMENT LP 1.44% of their portfolio | 66.9k $1.1m | New |
| SEVEN EIGHT CAPITAL, LP 0.11% of their portfolio | 61.9k $1.1m | New |
| Corebridge Financial, Inc. 0.01% of their portfolio | 57.3k $982.0k | First filing |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 56.4k $966.0k | Reduced -6.5k |
| Quantbot Technologies LP 0.05% of their portfolio | 56.2k $963.5k | Reduced -8.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 56.1k $960.3k | Reduced -455 |
| Legato Capital Management LLC 0.13% of their portfolio | 55.6k $951.9k | New |
| Tidal Investments LLC 0.01% of their portfolio | 53.3k $912.9k | Added +8.8k |
| Holocene Advisors, LP 0.00% of their portfolio | 52.0k $890.3k | Reduced -117.4k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 50.2k $858.2k | Reduced -10.2k |
| STRS OHIO 0.00% of their portfolio | 44.5k $762.3k | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 40.2k $687.9k | Reduced -18.8k |
| Birchview Capital, LP 0.32% of their portfolio | 40.0k $685.2k | New |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 39.1k $670.4k | Added +2.4k |
| Scientech Research LLC 0.13% of their portfolio | 37.6k $644.9k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 36.5k $626.0k | New |
| Aigen Investment Management, LP 0.12% of their portfolio | 35.2k $602.8k | Added +24.3k |
| Capital International, Inc./CA/ 0.01% of their portfolio | 34.2k $585.9k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 30.2k $517.5k | Reduced -87.9k |