Vault-13

AC IMMUNE SA ACIU

SHS · Common Stock · CUSIP H00263105

42 institutional holders +2 vs Q3 2025
25,875,44625.9m shares reported held*
25.4% of all shares outstanding*
$81.2mreported value*
5 new 14 added 11 reduced 6 sold out net bought ≈ $3.2m (+1.0m 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. Holder counts are more reliable. Shares outstanding: 101.7m as of 2025-12-31, 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 ≈ $3.14. Options: 6 managers hold calls ($1.1m notional), 3 hold puts ($118.7k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 35Q4 22: 38Q1 23: 35Q2 23: 32Q3 23: 29Q4 23: 33Q1 24: 38Q2 24: 46Q3 24: 44Q4 24: 46Q1 25: 43Q2 25: 43Q3 25: 40Q4 25: 4242Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202235
Q4 202238
Q1 202335
Q2 202332
Q3 202329
Q4 202333
Q1 202438
Q2 202446
Q3 202444
Q4 202446
Q1 202543
Q2 202543
Q3 202540
Q4 202542

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 23 bought or addedQ1 24: 11 cut or sold outQ2 24: 21 bought or addedQ2 24: 22 cut or sold outQ2 24Q3 24: 13 bought or addedQ3 24: 25 cut or sold outQ4 24: 21 bought or addedQ4 24: 21 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 22 cut or sold outQ2 25: 21 bought or addedQ2 25: 15 cut or sold outQ2 25Q3 25: 17 bought or addedQ3 25: 19 cut or sold outQ4 25: 19 bought or addedQ4 25: 17 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242311
Q2 20242122
Q3 20241325
Q4 20242121
Q1 20251922
Q2 20252115
Q3 20251719
Q4 20251917

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 25 calls: $88.9kQ1 25 puts: $42.5kQ1 25P/C 0.48Q2 25 calls: $812Q2 25 puts: $93.2kQ2 25P/C 114.75Q3 25 calls: $293.3kQ3 25 puts: $86.7kQ3 25P/C 0.30Q4 25 calls: $1.1mQ4 25 puts: $118.7kQ4 25P/C 0.11
Numbers
QuarterCallsPutsP/C
Q1 2025$88.9k$42.5k0.48
Q2 2025$812$93.2k114.75
Q3 2025$293.3k$86.7k0.30
Q4 2025$1.1m$118.7k0.11

Biggest buyers

Point72 Asset Management, L.P. New +384,845+384.8k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +375,623+375.6k
MARSHALL WACE, LLP New +186,709+186.7k
UBS Group AG Added +177,925+177.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +125,785+125.8k
BlackRock, Inc. Added +90,321+90.3k
TWO SIGMA INVESTMENTS, LP Added +71,109+71.1k
ACADIAN ASSET MANAGEMENT LLC Added +51,460+51.5k
CITADEL ADVISORS LLC Added +51,038+51.0k
MILLENNIUM MANAGEMENT LLC Added +38,810+38.8k

Biggest sellers

DEUTSCHE BANK AG\ Sold out -253,375-253.4k
Assenagon Asset Management S.A. Sold out -189,892-189.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -101,552-101.6k
TWO SIGMA ADVISERS, LP Sold out -20,938-20.9k
Private Advisor Group, LLC Sold out -16,600-16.6k
Banque Cantonale Vaudoise Reduced -10,548-10.5k
JPMORGAN CHASE & CO Reduced -5,797-5.8k
State of Tennessee, Department of Treasury Sold out -5,126-5.1k
WELLS FARGO & COMPANY/MN Reduced -4,232-4.2k
SIMPLEX TRADING, LLC Sold out -3,258-3.3k

Biggest calls

GROUP ONE TRADING LLC New $624.9k199.0k shares
CITADEL ADVISORS LLC New $158.6k50.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $120.6k38.4k shares
SIMPLEX TRADING, LLC Added $95.8k30.5k shares
Point72 Asset Management, L.P. New $87.6k27.9k shares
JANE STREET GROUP, LLC New $33.0k10.5k shares

Biggest puts

JANE STREET GROUP, LLC New $67.2k21.4k shares
CITADEL ADVISORS LLC Reduced $35.8k11.4k shares
SIMPLEX TRADING, LLC New $15.7k5.0k 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.

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.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BVF INC/IL 2.10% of their portfolio San Francisco, CA 19,822,43619.8m $62.2m $62.2m 2.10% Unchanged
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,006,2891.0m $3.2m $3.2m 0.00% Reduced -4.2k -4,232
3 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 933,342933.3k $2.9m $2.9m 0.00% Added +38.8k +38,810
4 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 668,867668.9k $2.1m $2.1m 0.00% Reduced -101.6k -101,552
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 502,169502.2k $1.6m $1.6m 0.00% Added +90.3k +90,321
6 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 464,697464.7k $1.4m $1.4m 0.00% Added +51.5k +51,460
7 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 384,845384.8k $1.2m $1.2m 0.00% New
8 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 375,623375.6k $1.2m $1.2m 0.00% New
9 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 281,953282.0k $885.3k $885.3k 0.00% Unchanged
10 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 213,464213.5k $670.4k $670.4k 0.00% Added +36.4k +36,353
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 194,349194.3k $610.3k $610.3k 0.00% Added +177.9k +177,925
12 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 186,709186.7k $586.3k $586.3k 0.00% New
13 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 147,625147.6k $463.5k $463.5k 0.00% Added +125.8k +125,785
14 Dauntless Investment Group, LLC 1.34% of their portfolio Milford, MI 115,677115.7k $363.2k $363.2k 1.34% Not comparable
15 Deeter Investments LLP 0.07% of their portfolio AUSTIN, TX 100,000100.0k $314.0k $314.0k 0.07% First filing
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 94,34594.3k $296.2k $296.2k 0.00% Added +2.3k +2,312
17 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 87,88487.9k $276.0k $276.0k 0.00% Added +71.1k +71,109
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 71,15171.2k $223.4k $223.4k 0.00% Added +51.0k +51,038
19 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 63,60163.6k $199.7k $199.7k 0.00% Unchanged
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,47121.5k $67.4k $67.4k 0.00% Added +15.6k +15,555
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 18,55518.6k $58.3k $58.3k 0.00% Added +5.9k +5,920
22 China Universal Asset Management Co., Ltd. 0.00% of their portfolio SHANGHAI, F4 16,36216.4k $51.4k $51.4k 0.00% Reduced -1.2k -1,238
23 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 15,88415.9k $49.9k $49.9k 0.00% Unchanged
24 EFG International AG 0.00% of their portfolio Zurich, V8 12,90012.9k $40.5k $40.5k 0.00% First filing
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,71010.7k $33.6k $33.6k 0.00% New
26 Quinn Opportunity Partners LLC 0.00% of their portfolio CHARLOTTESVILLE, VA 10,10010.1k $31.7k $31.7k 0.00% Unchanged
27 Silverberg Bernstein Capital Management LLC 0.02% of their portfolio ARMONK, NY 10,00010.0k $31.3k $31.3k 0.02% Unchanged
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,7218.7k $27.4k $27.4k 0.00% Reduced -5.8k -5,797
29 Banque Cantonale Vaudoise 0.00% of their portfolio LAUSANNE, V8 7,8927.9k $25.0k $25.0k 0.00% Reduced -10.5k -10,548
30 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 6,1666.2k $19.4k $19.4k 0.00% Added +2.9k +2,860
31 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 4,8794.9k $15.3k $15.3k 0.00% Added +997 +997
32 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 3,0003.0k $9.4k $9.4k 0.00% New
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,8012.8k $8.8k $8.8k 0.00% Added +870 +870
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,7012.7k $8.5k $8.5k 0.00% Reduced -2.6k -2,589
35 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,4802.5k $7.8k $7.8k 0.00% Reduced -323 -323
36 GF FUND MANAGEMENT CO. LTD. 0.00% of their portfolio GUANGZHOU, F4 1,9722.0k $6.2k $6.2k 0.00% Reduced -188 -188
37 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,0001.0k $3.1k $3.1k 0.00% Unchanged
38 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 1,0001.0k $3.1k $3.1k 0.00% Unchanged
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 858858 $2.0k $2.0k 0.00% Reduced -950 -950
40 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 547547 $1.7k $1.7k 0.00% Reduced -1 -1
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 221221 $693 $693 0.00% Reduced -30 -30
42 Strengthening Families & Communities, LLC 0.00% of their portfolio BOSTON, MA 200200 $628 $628 0.00% Unchanged