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 ($21.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.62. Options: 6 managers hold calls ($10.3m notional), 5 hold puts ($6.6m).
Trends to Q4 2025
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 |
| Q1 2024 | 379 |
| Q2 2024 | 381 |
| Q3 2024 | 396 |
| Q4 2024 | 418 |
| Q1 2025 | 448 |
| Q2 2025 | 460 |
| Q3 2025 | 491 |
| Q4 2025 | 542 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 225 | 157 |
| Q2 2024 | 194 | 183 |
| Q3 2024 | 213 | 162 |
| Q4 2024 | 217 | 186 |
| Q1 2025 | 234 | 198 |
| Q2 2025 | 246 | 219 |
| Q3 2025 | 293 | 185 |
| Q4 2025 | 311 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $89.0m | $34.2m | 0.38 |
| Q2 2025 | $81.6m | $17.9m | 0.22 |
| Q3 2025 | $50.3m | $9.3m | 0.19 |
| Q4 2025 | $10.3m | $6.6m | 0.64 |
Biggest buyers
| MORGAN STANLEY | Added | +11.1m |
| CITADEL ADVISORS LLC | Added | +4.9m |
| Capital International Investors | Added | +3.9m |
| JANE STREET GROUP, LLC | Added | +1.8m |
| Regal Partners Ltd | Added | +1.2m |
| Squarepoint Ops LLC | Added | +870.5k |
| D. E. Shaw & Co., Inc. | Added | +698.6k |
| Caisse de depot et placement du Quebec | Added | +644.0k |
| Amundi | Added | +609.4k |
| AQR CAPITAL MANAGEMENT LLC | Added | +602.6k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.1m |
| JPMORGAN CHASE & CO | Reduced | -2.0m |
| FMR LLC | Reduced | -1.7m |
| GENERAL ATLANTIC, L.P. | Sold out | -1.5m |
| MARSHALL WACE, LLP | Reduced | -1.1m |
| VANGUARD GROUP INC | Reduced | -1.0m |
| HRT FINANCIAL LP | Reduced | -867.9k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -503.1k |
| BAILLIE GIFFORD & CO | Reduced | -363.7k |
| Robeco Institutional Asset Management B.V. | Reduced | -299.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.2m109.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m49.5k shares |
| JANE STREET GROUP, LLC | Reduced | $1.5m39.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m30.2k shares |
| GOLDMAN SACHS GROUP INC | New | $966.0k25.0k shares |
| GROUP ONE TRADING LLC | Reduced | $475.3k12.3k shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $2.2m55.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m41.1k shares |
| CITADEL ADVISORS LLC | Added | $1.4m37.3k shares |
| GROUP ONE TRADING LLC | Added | $838.5k21.7k shares |
| SIMPLEX TRADING, LLC | Added | $579.6k15.0k 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 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.
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 2024 | 0 | — | 1 | $13.2m | $13.2m |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $1.2m | — |
| Q4 2025 | 0 | — | 3 | $30.3m | $30.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-26 | Urist Marshall EVP, Research & Investments · By Sandy Lamm LLC | Sold plan | $786.4k20.0k shares |
| 2025-12-19 | Urist Marshall EVP, Research & Investments · By Sandy Lamm LLC | Sold plan | $767.6k20.0k shares |
| 2025-12-18 | Lloyd George W. EVP, Investments & CLO · By GWL 2014 G, LLC | Sold plan | $1.2m30.7k shares |
| 2025-12-17 | Lloyd George W. EVP, Investments & CLO · By GWL 2014 G, LLC | Sold plan | $3.1m79.3k shares |
| 2025-12-16 | Urist Marshall EVP, Research & Investments · By Sandy Lamm LLC | Sold plan | $766.4k20.0k shares |
| 2025-12-15 | Coyne Terrance P. EVP & CFO · By TPC RP 2021, LLC | Sold plan | $2.5m65.8k shares |
| 2025-12-15 | Coyne Terrance P. EVP & CFO · TPC RP EPA1 LLC | Sold plan | $143.8k3.8k shares |
| 2025-12-05 | Urist Marshall EVP, Research & Investments · By Sandy Lamm LLC | Sold plan | $913.5k23.3k shares |
| 2025-12-05 | Urist Marshall EVP, Research & Investments | Sold plan | $714.2k18.2k shares |
| 2025-12-03 | Lloyd George W. EVP, Investments & CLO · By GWL 2014 G, LLC | Sold plan | $4.4m110.0k shares |
| 2025-12-01 | Coyne Terrance P. EVP & CFO · By TPC RP 2021, LLC | Sold plan | $2.6m65.8k shares |
| 2025-12-01 | Urist Marshall EVP, Research & Investments · By Sandy Lamm LLC | Sold plan | $931.7k23.3k shares |
| 2025-12-01 | Urist Marshall EVP, Research & Investments | Sold plan | $727.9k18.2k shares |
| 2025-12-01 | Coyne Terrance P. EVP & CFO · TPC RP EPA1 LLC | Sold plan | $149.5k3.8k shares |
| 2025-11-24 | Coyne Terrance P. EVP & CFO · By TPC RP 2021, LLC | Sold plan | $2.5m65.8k shares |
| 2025-11-24 | Coyne Terrance P. EVP & CFO · TPC RP EPA1 LLC | Sold plan | $144.6k3.8k shares |
| 2025-11-19 | Lloyd George W. EVP, Investments & CLO · By GWL 2023 G HoldCo LLC | Sold plan | $2.0m52.4k shares |
| 2025-11-19 | Lloyd George W. EVP, Investments & CLO · By GWL 2020 G, LLC | Sold plan | $2.0m52.0k shares |
| 2025-11-19 | Lloyd George W. EVP, Investments & CLO · By GWL 2021 G, LLC | Sold plan | $1.1m28.0k shares |
| 2025-11-19 | Lloyd George W. EVP, Investments & CLO | Sold plan | $115.0k3.0k shares |
| 2025-11-17 | Coyne Terrance P. EVP & CFO · By TPC RP 2021, LLC | Sold plan | $2.6m65.8k shares |
| 2025-11-17 | Coyne Terrance P. EVP & CFO · TPC RP EPA1 LLC | Sold plan | $147.4k3.8k 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 2025
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.13% of their portfolio | 55.3m $2.1bn | Added +11.1m |
| Capital International Investors 0.19% of their portfolio | 31.1m $1.2bn | Added +3.9m |
| FMR LLC 0.05% of their portfolio | 26.3m $1.0bn | Reduced -1.7m |
| BlackRock, Inc. 0.02% of their portfolio | 26.2m $1.0bn | Reduced -11.8k |
| BAILLIE GIFFORD & CO 0.55% of their portfolio | 17.0m $657.2m | Reduced -363.7k |
| Swedbank AB 0.45% of their portfolio | 11.9m $461.4m | Reduced -258.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.69% of their portfolio | 11.7m $453.7m | Reduced -225.0k |
| STATE STREET CORP 0.01% of their portfolio | 10.6m $411.5m | Added +376.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 9.9m $383.9m | Reduced -1.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 7.7m $297.5m | Added +102.4k |
| Caledonia (Private) Investments Pty Ltd 5.46% of their portfolio | 7.4m $285.0m | Reduced -170.6k |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 5.3m $203.8m | Added +4.9m |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 5.1m $197.3m | Added +449.5k |
| JANE STREET GROUP, LLC 0.23% of their portfolio | 4.9m $191.2m | Added +1.8m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 4.0m $154.7m | Reduced -71.9k |
| NORGES BANK 0.01% of their portfolio | 3.4m $131.9m | Not comparable |
| Patient Capital Management, LLC 4.97% of their portfolio | 3.3m $128.8m | Added +215.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 3.3m $128.0m | Added +31.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 3.1m $120.5m | Reduced -11.1k |
| Legal & General Group Plc 0.03% of their portfolio | 3.1m $119.3m | Added +265.5k |
| NEW SOUTH CAPITAL MANAGEMENT INC 5.21% of their portfolio | 2.9m $113.2m | Added +10.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.9m $112.6m | Reduced -112.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.7m $104.7m | Added +62.2k |
| Amundi 0.03% of their portfolio | 2.7m $103.5m | Added +609.4k |
| Regal Partners Ltd 5.88% of their portfolio | 2.6m $102.0m | Added +1.2m |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 2.6m $99.1m | Added +602.6k |
| Qube Research & Technologies Ltd 0.14% of their portfolio | 2.5m $95.4m | Reduced -12.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.3m $89.4m | Added +211.6k |
| Dorsey Asset Management, LLC 7.59% of their portfolio | 2.3m $87.3m | Reduced -91.0k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 2.2m $84.4m | Added +248.6k |
| UBS Group AG 0.02% of their portfolio | 2.0m $77.5m | Added +464.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio | 1.8m $68.2m | Added +245.6k |
| Clark Capital Management Group, Inc. 0.42% of their portfolio | 1.8m $67.8m | Added +2.0k |
| Homestead Advisers Corp 1.71% of their portfolio | 1.7m $64.6m | Reduced -230.9k |
| Brandywine Global Investment Management, LLC 0.41% of their portfolio | 1.6m $61.0m | Added +62.9k |
| Squarepoint Ops LLC 0.12% of their portfolio | 1.6m $60.1m | Added +870.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.6m $59.9m | Reduced -94.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.5m $58.7m | Reduced -2.0m |
| Invesco Ltd. 0.01% of their portfolio | 1.5m $58.0m | Reduced -87.3k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.5m $56.8m | Added +16.9k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 1.4m $54.1m | Reduced -6.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $51.8m | Added +68.1k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.78% of their portfolio | 1.3m $50.2m | Added +380.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.3m $49.0m | Added +166.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.2m $47.7m | Added +202.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 1.2m $45.4m | Added +212.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 1.2m $46.6m | Added +256.8k |
| Swiss National Bank 0.03% of their portfolio | 1.1m $43.5m | Added +32.2k |
| PFA Pension, Forsikringsaktieselskab 0.12% of their portfolio | 1.1m $43.6m | First filing |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 1.1m $41.2m | Added +253.4k |
| California Public Employees Retirement System 0.02% of their portfolio | 1.0m $40.3m | Reduced -182.0k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.72% of their portfolio | 1.0m $40.2m | Reduced -152.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.0m $39.4m | Added +83.9k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 949.5k $36.7m | Reduced -299.1k |
| TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio | 924.8k $35.7m | Added +61.0k |
| Caisse de depot et placement du Quebec 0.06% of their portfolio | 911.7k $35.2m | Added +644.0k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 845.5k $32.7m | Added +61.9k |
| Davern Capital Partners, LP 10.50% of their portfolio | 840.6k $32.5m | First filing |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 838.6k $32.4m | Added +698.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.08% of their portfolio | 814.1k $31.5m | Reduced -97.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 812.7k $31.6m | Added +36.7k |
| Ensign Peak Advisors, Inc 0.05% of their portfolio | 790.3k $30.5m | Reduced -16.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 781.5k $30.2m | Added +74.8k |
| Pacer Advisors, Inc. 0.08% of their portfolio | 754.0k $29.1m | Added +192.5k |
| DekaBank Deutsche Girozentrale 0.04% of their portfolio | 746.3k $22.9m | Unchanged |
| Torray Investment Partners LLC 4.12% of their portfolio | 744.4k $28.8m | Added +41.5k |
| Capital International, Inc./CA/ 0.22% of their portfolio | 739.2k $28.6m | Added +58.0k |
| Nuveen, LLC 0.01% of their portfolio | 727.4k $28.1m | Added +1.2k |
| C WorldWide Group Holding A/S 0.47% of their portfolio | 700.5k $27.1m | Added +46.0k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 681.2k $26.3m | Reduced -503.1k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 677.5k $26.2m | Reduced -110.5k |
| Aberdeen Group plc 0.04% of their portfolio | 661.4k $25.6m | Added +98.2k |
| EASTERN BANK 0.42% of their portfolio | 635.1k $24.5m | Added +263.9k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 1.35% of their portfolio | 600.2k $23.2m | Added +4.3k |
| Cullen/Frost Bankers, Inc. 0.23% of their portfolio | 546.4k $21.1m | Added +89.3k |
| BARCLAYS PLC 0.01% of their portfolio | 542.1k $20.9m | Reduced -10.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 542.0k $20.9m | Added +132.0k |
| CAPITAL INTERNATIONAL SARL 0.33% of their portfolio | 534.9k $20.7m | Added +166.3k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 534.3k $20.6m | New |
| ALPS ADVISORS INC 0.12% of their portfolio | 520.8k $20.1m | Reduced -32.3k |
| River Road Asset Management, LLC 0.22% of their portfolio | 518.7k $20.0m | Reduced -20.4k |
| Treasurer of the State of North Carolina 0.06% of their portfolio | 505.5k $19.5m | Reduced -8.1k |
| DANSKE BANK A/S 0.04% of their portfolio | 500.1k $19.3m | Added +14.4k |
| Burkehill Global Management, LP 1.27% of their portfolio | 500.0k $19.3m | New |
| SEI INVESTMENTS CO 0.02% of their portfolio | 479.7k $18.5m | Added +369.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 465.3k $18.0m | Added +16.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 455.8k $17.6m | Added +18.3k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 420.0k $16.2m | Reduced -237.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 413.1k $16.1m | Added +56.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 409.7k $15.8m | Added +148.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 409.7k $15.8m | Added +97.3k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 396.7k $15.3m | Reduced -1.1m |
| Marathon Asset Management Ltd 0.58% of their portfolio | 388.2k $15.0m | Reduced -37.8k |
| Man Group plc 0.03% of their portfolio | 388.2k $15.0m | Added +201.1k |
| COOPER INVESTORS PTY LTD 4.96% of their portfolio | 386.4k $14.9m | Reduced -22.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 379.4k $14.7m | Reduced -10.0k |
| COOKSON PEIRCE & CO INC 0.60% of their portfolio | 376.6k $14.6m | Added +3.7k |
| ArrowMark Colorado Holdings LLC 0.31% of their portfolio | 367.5k $14.2m | Reduced -12.9k |
| Jain Global LLC 0.14% of their portfolio | 365.4k $14.1m | New |
| CITIGROUP INC 0.01% of their portfolio | 364.2k $14.1m | Added +110.8k |