ADC THERAPEUTICS SA ADCT
SHS · Common Stock · CUSIP H0036K147
- SectorHealth care
- IndustryPharmaceutical Preparations
- 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. 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 68 |
| Q4 2022 | 62 |
| Q1 2023 | 60 |
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 | 35 | 34 |
| Q1 2023 | 37 | 31 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $51.0k | $241.0k | 4.73 |
| Q4 2022 | $21.1k | $39.7k | 1.88 |
| Q1 2023 | $1.4k | $23.0k | 16.86 |
Biggest buyers
| Redmile Group, LLC | Added | +6.0m |
| Prosight Management, LP | Added | +2.8m |
| Sio Capital Management, LLC | New | +2.2m |
| Frazier Life Sciences Management, L.P. | New | +1.6m |
| PERCEPTIVE ADVISORS LLC | New | +1.5m |
| CITADEL ADVISORS LLC | Added | +1.4m |
| Affinity Asset Advisors, LLC | New | +600.0k |
| Nantahala Capital Management, LLC | Added | +596.7k |
| PICTET ASSET MANAGEMENT SA | Added | +497.9k |
| AlphaCentric Advisors LLC | Added | +462.5k |
Biggest sellers
| FMR LLC | Reduced | -4.6m |
| ALLIANCEBERNSTEIN L.P. | Sold out | -2.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.6m |
| Point72 Asset Management, L.P. | Sold out | -704.5k |
| Walleye Capital LLC | Sold out | -513.6k |
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -400.3k |
| GCM Grosvenor Holdings, LLC | Reduced | -324.6k |
| EVENTIDE ASSET MANAGEMENT, LLC | Reduced | -204.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -180.9k |
| Man Group plc | Sold out | -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.
| Holder | Stake |
|---|---|
| Nantahala Capital Management, LLC 13G · institution new · filed 2026-08-14 | 9.7% |
| TCG Crossover GP II, LLC 13G · passive investor new · filed 2026-02-17 | 9.2% |
| Prosight Management, LP 13G · passive investor +1.0 pts · filed 2026-02-13 | 6.8% |
| BlackRock, Inc. 13G · institution +0.4 pts · filed 2026-07-27 | 5.4% |
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
| Manager | Shares | Change |
|---|---|---|
| Redmile Group, LLC 1.15% of their portfolio | 13.6m $26.5m | Added +6.0m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 3.4m $6.6m | Added +1.4m |
| Prosight Management, LP 3.04% of their portfolio | 3.3m $6.4m | Added +2.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.1m $6.0m | Added +87.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.4m $4.6m | Added +192.3k |
| Sio Capital Management, LLC 2.08% of their portfolio | 2.2m $4.2m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.8m $3.5m | Reduced -1.6m |
| EVENTIDE ASSET MANAGEMENT, LLC 0.06% of their portfolio | 1.7m $3.3m | Reduced -204.0k |
| Frazier Life Sciences Management, L.P. 0.23% of their portfolio | 1.6m $3.2m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $3.2m | Added +40.2k |
| PERCEPTIVE ADVISORS LLC 0.09% of their portfolio | 1.5m $2.9m | New |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 1.4m $2.7m | Added +497.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.3m $2.5m | Reduced -180.9k |
| Vantage Consulting Group Inc 1.31% of their portfolio | 1.2m $2.3m | Unchanged |
| Nantahala Capital Management, LLC 0.16% of their portfolio | 840.0k $1.6m | Added +596.7k |
| AlphaCentric Advisors LLC 1.02% of their portfolio | 760.0k $1.5m | Added +462.5k |
| Blue Owl Capital Holdings LP 0.92% of their portfolio | 733.6k $1.4m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 635.5k $1.2m | Added +108.8k |
| Affinity Asset Advisors, LLC 0.45% of their portfolio | 600.0k $1.2m | New |
| MORGAN STANLEY 0.00% of their portfolio | 437.9k $854.0k | Added +87.2k |
| GCM Grosvenor Holdings, LLC 0.22% of their portfolio | 410.9k $801.2k | Reduced -324.6k |
| BARCLAYS PLC 0.00% of their portfolio | 334.3k $651.8k | New |
| XTX Topco Ltd 0.11% of their portfolio | 266.3k $519.2k | Added +68.6k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 223.8k $436.5k | Added +168.9k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 157.7k $307.5k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 146.6k $285.8k | Added +68.8k |
| Woodline Partners LP 0.00% of their portfolio | 143.4k $279.6k | New |
| FRED ALGER MANAGEMENT, LLC 0.00% of their portfolio | 126.0k $245.7k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 112.9k $220.2k | Added +34.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 104.5k $203.9k | New |
| Indie Asset Partners, LLC 0.21% of their portfolio | 93.8k $183.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 80.9k $157.7k | Reduced -4.6m |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 77.2k $150.5k | New |
| TD Asset Management Inc 0.00% of their portfolio | 74.7k $145.6k | Unchanged |
| Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio | 57.1k $111.0k | Reduced -1.8k |
| Magnetar Financial LLC 0.00% of their portfolio | 55.8k $108.7k | Reduced -71.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 26.0k $50.8k | Added +12.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 25.6k $49.9k | New |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 25.0k $48.8k | Reduced -1.6k |
| GSA CAPITAL PARTNERS LLP 0.00% of their portfolio | 23.6k $46.0k | New |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 19.5k $38.0k | Unchanged |
| HRT FINANCIAL LP 0.00% of their portfolio | 16.3k $31.0k | New |
| IHT Wealth Management, LLC 0.00% of their portfolio | 15.1k $29.5k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.00% of their portfolio | 14.3k $28.0k | New |
| Values First Advisors, Inc. 0.02% of their portfolio | 13.0k $25.4k | Added +2.6k |
| Prospera Financial Services Inc 0.00% of their portfolio | 12.6k $24.6k | New |
| UBS Group AG 0.00% of their portfolio | 11.3k $22.0k | Added +8.4k |
| Verition Fund Management LLC 0.00% of their portfolio | 11.2k $21.9k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 10.1k $19.0k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 9.5k $18.5k | Added +2.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.0k $14.0k | Added +1.4k |
| Cutler Group LLC / CA 0.00% of their portfolio | 1.4k $2.0k | Reduced -200 |
| US BANCORP \DE\ 0.00% of their portfolio | 300 $585 | Unchanged |
| Focused Wealth Management, Inc 0.00% of their portfolio | 300 $585 | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 165 $0 | Reduced -2.4k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 95 $185 | Reduced -805 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 63 $0 | Reduced -2.9k |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 35 $69 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 0 $0 | Unchanged |