ROYALTY PHARMA PLC RPRX
SHS CLASS A · Common Stock · CUSIP G7709Q104
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersNew York, NY
- 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 ($32.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.09. Options: 10 managers hold calls ($25.5m notional), 9 hold puts ($17.5m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 319 |
| Q4 2022 | 336 |
| Q1 2023 | 335 |
| Q2 2023 | 326 |
| Q3 2023 | 316 |
| Q4 2023 | 362 |
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 | 188 | 135 |
| Q1 2023 | 192 | 136 |
| Q2 2023 | 179 | 159 |
| Q3 2023 | 169 | 161 |
| Q4 2023 | 208 | 141 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $37.9m | $3.2m | 0.08 |
| Q2 2023 | $21.8m | $5.3m | 0.24 |
| Q3 2023 | $40.5m | $11.8m | 0.29 |
| Q4 2023 | $25.5m | $17.5m | 0.68 |
Biggest buyers
| MORGAN STANLEY | Added | +44.6m |
| JPMORGAN CHASE & CO | Added | +8.5m |
| Man Group plc | New | +2.6m |
| Amundi | Added | +2.1m |
| Swedbank AB | Added | +1.5m |
| MARSHALL WACE, LLP | Added | +1.3m |
| Patient Capital Management, LLC | New | +1.3m |
| FMR LLC | Added | +1.2m |
| ALLIANCEBERNSTEIN L.P. | Added | +1.2m |
| PUTNAM INVESTMENTS LLC | New | +1.1m |
Biggest sellers
| Aberdeen Group plc | Reduced | -2.4m |
| AMERIPRISE FINANCIAL INC | Reduced | -2.3m |
| VANGUARD GROUP INC | Reduced | -1.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| Man Group plc | Sold out | -1.1m |
| Rokos Capital Management LLP | Sold out | -1.1m |
| BARCLAYS PLC | Reduced | -912.0k |
| BAILLIE GIFFORD & CO | Reduced | -650.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -622.8k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -511.7k |
Biggest calls
| Parallax Volatility Advisers, L.P. | Unchanged | $4.5m160.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.4m157.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $4.1m146.2k shares |
| GROUP ONE TRADING LLC | Reduced | $3.1m110.3k shares |
| JANE STREET GROUP, LLC | Added | $3.0m107.6k shares |
| Twin Tree Management, LP | New | $2.4m85.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.9m67.8k shares |
| CITADEL ADVISORS LLC | Reduced | $1.5m52.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $603.9k21.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $4.9m175.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.4m156.4k shares |
| CITADEL ADVISORS LLC | Added | $3.3m118.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $2.1m74.8k shares |
| GROUP ONE TRADING LLC | Added | $1.1m40.0k shares |
| JANE STREET GROUP, LLC | Reduced | $927.0k33.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $674.2k24.0k shares |
| HighTower Advisors, LLC | Added | $1.1k5.0k 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 |
|---|---|
| Legorreta Pablo G. 13D · may seek influence -1.0 pts · filed 2026-08-17 | 18.7% |
| MORGAN STANLEY 13G · institution filed 2025-08-05 | 9.2% |
| Capital International Investors 13G · institution +1.1 pts · filed 2026-05-14 | 8.8% |
| FMR LLC 13G · institution -2.6 pts · filed 2025-11-05 | 6.5% |
| BlackRock, Inc. 13G · institution new · filed 2025-02-04 | 5.7% |
Fell to 5% or below in the last year: Severgnini Achille G. (4.8%, 2026-06-16)
Insider purchases and sales in Q4 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 |
|---|---|---|---|---|---|
| Q1 2022 | 1 | $1.2m | 1 | $9.0m | — |
| Q2 2022 | 0 | — | 4 | $27.4m | — |
| Q3 2022 | 0 | — | 6 | $100.6m | — |
| Q4 2022 | 0 | — | 4 | $30.8m | — |
| Q1 2023 | 0 | — | 3 | $11.1m | — |
| Q2 2023 | 1 | $19.3m | 2 | $63.9m | — |
| Q3 2023 | 0 | — | 1 | $4.6m | $4.6m |
| Q4 2023 | 0 | — | 1 | $28.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-29 | Avara Management Ltd +1 Director · See Footnotes | Sold | $1.8m65.8k shares |
| 2023-12-28 | Avara Management Ltd +1 Director · See Footnotes | Sold | $5.9m209.9k shares |
| 2023-12-27 | Avara Management Ltd +1 Director · See Footnotes | Sold | $1.2m41.7k shares |
| 2023-12-15 | Avara Management Ltd +1 Director · See Footnotes | Sold | $286.5k10.2k shares |
| 2023-12-14 | Avara Management Ltd +1 Director · See Footnotes | Sold | $10.5m364.4k shares |
| 2023-12-13 | Avara Management Ltd +1 Director · See Footnotes | Sold | $8.9m307.9k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.11% of their portfolio | 92.7m $2.6bn | Added +44.6m |
| VANGUARD GROUP INC 0.02% of their portfolio | 38.0m $1.1bn | Reduced -1.4m |
| FMR LLC 0.07% of their portfolio | 31.6m $887.2m | Added +1.2m |
| BlackRock Inc. 0.02% of their portfolio | 21.5m $602.8m | Added +895.6k |
| BAILLIE GIFFORD & CO 0.39% of their portfolio | 17.6m $494.1m | Reduced -650.8k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 17.4m $488.8m | Added +8.5m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.63% of their portfolio | 10.9m $306.1m | Added +1.1m |
| VIKING GLOBAL INVESTORS LP 1.04% of their portfolio | 10.1m $283.4m | Added +623.2k |
| STATE STREET CORP 0.01% of their portfolio | 8.9m $249.3m | Added +447.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.4m $179.2m | Added +266.1k |
| Swedbank AB 0.25% of their portfolio | 5.5m $153.6m | Added +1.5m |
| Unisphere Establishment 1.45% of their portfolio | 5.0m $140.4m | First filing |
| NORGES BANK 0.02% of their portfolio | 4.3m $119.7m | Added +126.4k |
| MONTANOVA CAPITAL, LLC 4.99% of their portfolio | 3.9m $109.2m | Reduced -208.0k |
| Amundi 0.05% of their portfolio | 3.7m $104.6m | Added +2.1m |
| Siguler Guff Advisers, LLC 38.07% of their portfolio | 3.4m $95.3m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.9m $80.6m | Reduced -1.3m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.6m $74.0m | Added +36.2k |
| Man Group plc 0.21% of their portfolio | 2.6m $72.4m | New |
| Legal & General Group Plc 0.02% of their portfolio | 2.4m $66.7m | Reduced -172.6k |
| California Public Employees Retirement System 0.05% of their portfolio | 2.1m $60.0m | Added +110.8k |
| TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio | 2.1m $59.3m | Reduced -95.4k |
| Qube Research & Technologies Ltd 0.13% of their portfolio | 2.1m $58.0m | Added +354.7k |
| TWO SIGMA ADVISERS, LP 0.13% of their portfolio | 2.0m $56.2m | Added +1.8k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 1.9m $53.4m | Reduced -335.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.8m $50.0m | Reduced -174.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.8m $49.7m | Added +122.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 1.7m $47.2m | Reduced -147.1k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 1.6m $45.3m | Reduced -28.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.6m $44.5m | Reduced -55.1k |
| GMT Capital Corp 1.65% of their portfolio | 1.6m $43.8m | Added +628.6k |
| GENERAL ATLANTIC, L.P. 0.60% of their portfolio | 1.5m $42.1m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.5m $41.7m | Added +137.6k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 1.4m $40.5m | Added +1.3m |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.4m $38.5m | Added +1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.4m $38.4m | Reduced -622.8k |
| Homestead Advisers Corp 0.97% of their portfolio | 1.3m $37.8m | Added +2.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $37.8m | Reduced -151.3k |
| ADAR1 Capital Management, LLC 16.61% of their portfolio | 1.3m $37.1m | First filing |
| Aberdeen Group plc 0.08% of their portfolio | 1.3m $35.3m | Reduced -2.4m |
| Patient Capital Management, LLC 1.87% of their portfolio | 1.3m $35.2m | New |
| Swiss National Bank 0.02% of their portfolio | 1.2m $33.5m | Reduced -32.3k |
| Point72 Asset Management, L.P. 0.10% of their portfolio | 1.2m $32.8m | Added +440.6k |
| PUTNAM INVESTMENTS LLC 0.04% of their portfolio | 1.1m $31.1m | New |
| Alyeska Investment Group, L.P. 0.19% of their portfolio | 1.0m $28.7m | Reduced -207.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 1.0m $28.6m | Reduced -286.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.0m $28.2m | Reduced -26.8k |
| Squarepoint Ops LLC 0.10% of their portfolio | 900.9k $25.3m | Reduced -55.7k |
| Handelsbanken Fonder AB 0.12% of their portfolio | 891.9k $25.1m | Reduced -39.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 877.8k $24.7m | Added +135.6k |
| UBS Group AG 0.01% of their portfolio | 867.0k $24.4m | Added +122.6k |
| Marathon Asset Management Ltd 0.67% of their portfolio | 852.4k $23.9m | Added +86.6k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 803.7k $22.6m | Added +134.7k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 717.9k $20.2m | Added +57.4k |
| Rockefeller Capital Management L.P. 0.07% of their portfolio | 693.0k $19.5m | Added +664.0k |
| Invesco Ltd. 0.00% of their portfolio | 656.9k $18.5m | Added +46.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 635.5k $17.9m | Added +40.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 628.6k $17.7m | Added +126.7k |
| TWINBEECH CAPITAL LP 0.26% of their portfolio | 567.2k $15.9m | Added +204.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 557.0k $15.6m | Added +61.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 554.0k $15.6m | Added +196.8k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.24% of their portfolio | 534.0k $15.0m | Reduced -470.2k |
| Torray Investment Partners LLC 2.30% of their portfolio | 505.7k $14.2m | Added +93.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 493.6k $13.9m | Added +79.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 487.0k $13.7m | Added +363.9k |
| Generate Investment Management Ltd 1.16% of their portfolio | 479.2k $13.5m | First filing |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 472.8k $13.1m | Reduced -6.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 455.8k $12.8m | Reduced -5.5k |
| Indie Asset Partners, LLC 10.97% of their portfolio | 433.0k $12.2m | Unchanged |
| Trexquant Investment LP 0.27% of their portfolio | 432.6k $12.2m | Added +117.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 431.0k $12.1m | Reduced -204.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 430.6k $12.1m | Reduced -110.8k |
| Rhenman & Partners Asset Management AB 1.21% of their portfolio | 429.7k $12.1m | Added +279.7k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 417.3k $11.7m | Added +342.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 406.0k $11.4m | Reduced -25.6k |
| BARCLAYS PLC 0.01% of their portfolio | 402.1k $11.3m | Reduced -912.0k |
| COOPER INVESTORS PTY LTD 0.66% of their portfolio | 392.8k $11.0m | Added +71.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 390.3k $11.0m | Reduced -37.7k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 381.2k $10.7m | Added +166.7k |
| Cutter Capital Management, LP 4.97% of their portfolio | 370.0k $10.4m | First filing |
| Korea Investment CORP 0.03% of their portfolio | 353.1k $9.9m | Added +126.4k |
| S&CO INC 0.72% of their portfolio | 332.1k $9.3m | Added +78.5k |
| CITIGROUP INC 0.01% of their portfolio | 328.0k $9.2m | Added +48.8k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 323.0k $9.1m | Added +54.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.03% of their portfolio | 321.8k $9.0m | Added +3.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 309.2k $8.7m | Added +28 |
| STOREBRAND ASSET MANAGEMENT AS 0.03% of their portfolio | 292.8k $8.2m | Added +17.6k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 281.0k $7.9m | Added +215.1k |
| APG Asset Management N.V. 0.01% of their portfolio | 273.1k $6.9m | Reduced -17.7k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 270.0k $7.5m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 265.7k $7.5m | Reduced -73.2k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 242.5k $6.8m | Reduced -5.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.09% of their portfolio | 234.6k $6.6m | Reduced -342.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 223.7k $6.3m | New |
| TD Asset Management Inc 0.01% of their portfolio | 220.2k $6.2m | Reduced -70.3k |
| Overbrook Management Corp 1.25% of their portfolio | 219.7k $6.2m | Reduced -79.0k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.13% of their portfolio | 216.7k $6.1m | Reduced -70.6k |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 202.1k $5.7m | Unchanged |
| Andra AP-fonden 0.30% of their portfolio | 198.7k $5.6m | Added +40.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 196.9k $5.5m | Reduced -5.8k |