Vault-13

ADC THERAPEUTICS SA ADCT

SHS · Common Stock · CUSIP H0036K147

60 institutional holders -2 vs Q4 2022
46,627,10646.6m shares reported held*
57.8% of all shares outstanding*
$90.9mreported value*
17 new 20 added 12 reduced 19 sold out net bought ≈ $15.2m (+7.8m 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: 80.6m as of 2022-12-31, 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 ≈ $1.95. Options: 1 managers hold calls ($1.4k notional), 3 hold puts ($23.0k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 68Q4 22: 62Q1 23: 6060Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202268
Q4 202262
Q1 202360

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 35 bought or addedQ4 22: 34 cut or sold outQ4 22Q1 23: 37 bought or addedQ1 23: 31 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223534
Q1 20233731

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 22 calls: $51.0kQ3 22 puts: $241.0kQ3 22P/C 4.73Q4 22 calls: $21.1kQ4 22 puts: $39.7kQ4 22P/C 1.88Q1 23 calls: $1.4kQ1 23 puts: $23.0kQ1 23P/C 16.86
Numbers
QuarterCallsPutsP/C
Q3 2022$51.0k$241.0k4.73
Q4 2022$21.1k$39.7k1.88
Q1 2023$1.4k$23.0k16.86

Biggest buyers

Redmile Group, LLC Added +5,974,400+6.0m
Prosight Management, LP Added +2,794,050+2.8m
Sio Capital Management, LLC New +2,160,632+2.2m
Frazier Life Sciences Management, L.P. New +1,647,030+1.6m
PERCEPTIVE ADVISORS LLC New +1,495,805+1.5m
CITADEL ADVISORS LLC Added +1,378,836+1.4m
Affinity Asset Advisors, LLC New +600,000+600.0k
Nantahala Capital Management, LLC Added +596,710+596.7k
PICTET ASSET MANAGEMENT SA Added +497,851+497.9k
AlphaCentric Advisors LLC Added +462,500+462.5k

Biggest sellers

FMR LLC Reduced -4,572,565-4.6m
ALLIANCEBERNSTEIN L.P. Sold out -2,824,956-2.8m
MILLENNIUM MANAGEMENT LLC Reduced -1,607,928-1.6m
Point72 Asset Management, L.P. Sold out -704,500-704.5k
Walleye Capital LLC Sold out -513,618-513.6k
PRINCIPAL FINANCIAL GROUP INC Sold out -400,300-400.3k
GCM Grosvenor Holdings, LLC Reduced -324,583-324.6k
EVENTIDE ASSET MANAGEMENT, LLC Reduced -204,000-204.0k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -180,867-180.9k
Man Group plc Sold out -175,378-175.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.4k700 shares

Biggest puts

CITADEL ADVISORS LLC Added $23.0k11.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0300 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.

HolderStakeChangeShares Last filed
Nantahala Capital Management, LLC 13G · institution new · filed 2026-08-14 9.7% new 12.3m≈ $13.2m 2026-08-14
TCG Crossover GP II, LLC 13G · passive investor new · filed 2026-02-17 9.2% new 11.4m≈ $12.2m 2026-02-17
Prosight Management, LP 13G · passive investor +1.0 pts · filed 2026-02-13 6.8% +1.0 pts 8.5m≈ $9.1m 2026-02-13
BlackRock, Inc. 13G · institution +0.4 pts · filed 2026-07-27 5.4% +0.4 pts 6.9m≈ $7.3m 2026-07-27

Fell to 5% or below in the last year: Redmile Group, LLC (9.9%, 2026-04-24), ORBIMED ADVISORS LLC (2.6%, 2026-02-17), Point72 Asset Management, L.P. (4.0%, 2026-02-17)

Insider purchases and sales in Q1 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.

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Redmile Group, LLC 1.15% of their portfolio LARKSPUR, CA 13,565,24913.6m $26.5m $26.5m 1.15% Added +6.0m +5,974,400
2 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 3,366,7043.4m $6.6m $6.6m 0.01% Added +1.4m +1,378,836
3 Prosight Management, LP 3.04% of their portfolio DALLAS, TX 3,257,3603.3m $6.4m $6.4m 3.04% Added +2.8m +2,794,050
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,091,8143.1m $6.0m $6.0m 0.00% Added +87.3k +87,348
5 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,353,7052.4m $4.6m $4.6m 0.00% Added +192.3k +192,349
6 Sio Capital Management, LLC 2.08% of their portfolio NEW YORK, NY 2,160,6322.2m $4.2m $4.2m 2.08% New
7 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,793,1921.8m $3.5m $3.5m 0.00% Reduced -1.6m -1,607,928
8 EVENTIDE ASSET MANAGEMENT, LLC 0.06% of their portfolio Boston, MA 1,675,9591.7m $3.3m $3.3m 0.06% Reduced -204.0k -204,000
9 Frazier Life Sciences Management, L.P. 0.23% of their portfolio PALO ALTO, CA 1,647,0301.6m $3.2m $3.2m 0.23% New
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,644,8081.6m $3.2m $3.2m 0.00% Added +40.2k +40,182
11 PERCEPTIVE ADVISORS LLC 0.09% of their portfolio NEW YORK, NY 1,495,8051.5m $2.9m $2.9m 0.09% New
12 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 1,366,6891.4m $2.7m $2.7m 0.00% Added +497.9k +497,851
13 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,306,4381.3m $2.5m $2.5m 0.00% Reduced -180.9k -180,867
14 Vantage Consulting Group Inc 1.31% of their portfolio VIRGINIA BEACH, VA 1,186,2151.2m $2.3m $2.3m 1.31% Unchanged
15 Nantahala Capital Management, LLC 0.16% of their portfolio NEW CANAAN, CT 840,000840.0k $1.6m $1.6m 0.16% Added +596.7k +596,710
16 AlphaCentric Advisors LLC 1.02% of their portfolio SAN JUAN, PR 760,000760.0k $1.5m $1.5m 1.02% Added +462.5k +462,500
17 Blue Owl Capital Holdings LP 0.92% of their portfolio New York, NY 733,568733.6k $1.4m $1.4m 0.92% Unchanged
18 BlackRock Inc. 0.00% of their portfolio New York, NY 635,547635.5k $1.2m $1.2m 0.00% Added +108.8k +108,756
19 Affinity Asset Advisors, LLC 0.45% of their portfolio NEW YORK, NY 600,000600.0k $1.2m $1.2m 0.45% New
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 437,949437.9k $854.0k $854.0k 0.00% Added +87.2k +87,176
21 GCM Grosvenor Holdings, LLC 0.22% of their portfolio Chicago, IL 410,888410.9k $801.2k $801.2k 0.22% Reduced -324.6k -324,583
22 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 334,272334.3k $651.8k $651.8k 0.00% New
23 XTX Topco Ltd 0.11% of their portfolio LONDON, X0 266,259266.3k $519.2k $519.2k 0.11% Added +68.6k +68,624
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 223,827223.8k $436.5k $436.5k 0.00% Added +168.9k +168,931
25 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 157,679157.7k $307.5k $307.5k 0.00% New
26 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 146,566146.6k $285.8k $285.8k 0.00% Added +68.8k +68,821
27 Woodline Partners LP 0.00% of their portfolio San Francisco, CA 143,403143.4k $279.6k $279.6k 0.00% New
28 FRED ALGER MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 125,985126.0k $245.7k $245.7k 0.00% New
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 112,906112.9k $220.2k $220.2k 0.00% Added +34.2k +34,236
30 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 104,547104.5k $203.9k $203.9k 0.00% New
31 Indie Asset Partners, LLC 0.21% of their portfolio CARMEL, IN 93,83993.8k $183.0k $183.0k 0.21% Unchanged
32 FMR LLC 0.00% of their portfolio BOSTON, MA 80,88880.9k $157.7k $157.7k 0.00% Reduced -4.6m -4,572,565
33 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 77,16677.2k $150.5k $150.5k 0.00% New
34 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 74,69074.7k $145.6k $145.6k 0.00% Unchanged
35 Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio Parsippany, NJ 57,06657.1k $111.0k $111.0k 0.01% Reduced -1.8k -1,803
36 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 55,76255.8k $108.7k $108.7k 0.00% Reduced -71.1k -71,106
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 26,02826.0k $50.8k $50.8k 0.00% Added +12.1k +12,065
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 25,58425.6k $49.9k $49.9k 0.00% New
39 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 25,04625.0k $48.8k $48.8k 0.00% Reduced -1.6k -1,590
40 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 23,64823.6k $46.0k $46.0k 0.00% New
41 MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio ST LOUIS, MO 19,49619.5k $38.0k $38.0k 0.00% Unchanged
42 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 16,33416.3k $31.0k $31.0k 0.00% New
43 IHT Wealth Management, LLC 0.00% of their portfolio Chicago, IL 15,11015.1k $29.5k $29.5k 0.00% Unchanged
44 Dynamic Technology Lab Private Ltd 0.00% of their portfolio SINGAPORE, U0 14,33214.3k $28.0k $28.0k 0.00% New
45 Values First Advisors, Inc. 0.02% of their portfolio JOHNSON CITY, TN 13,01913.0k $25.4k $25.4k 0.02% Added +2.6k +2,619
46 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 12,62312.6k $24.6k $24.6k 0.00% New
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,30211.3k $22.0k $22.0k 0.00% Added +8.4k +8,386
48 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 11,24111.2k $21.9k $21.9k 0.00% New
49 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,09310.1k $19.0k $19.0k 0.00% New
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,4829.5k $18.5k $18.5k 0.00% Added +2.9k +2,898
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,0037.0k $14.0k $14.0k 0.00% Added +1.4k +1,373
52 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 1,4001.4k $2.0k $2.0k 0.00% Reduced -200 -200
53 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 300300 $585 $585 0.00% Unchanged
54 Focused Wealth Management, Inc 0.00% of their portfolio Newburgh, NY 300300 $585 $585 0.00% Unchanged
55 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 165165 $0 $0 0.00% Reduced -2.4k -2,416
56 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 9595 $185 $185 0.00% Reduced -805 -805
57 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 6363 $0 $0 0.00% Reduced -2.9k -2,872
58 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 3535 $69 $69 0.00% Unchanged
59 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
60 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 00 $0 $0 0.00% Unchanged