Vault-13

ADC THERAPEUTICS SA ADCT

SHS · Common Stock · CUSIP H0036K147

57 institutional holders -3 vs Q1 2023
45,358,19045.4m shares reported held*
$97.5mreported value*
10 new 14 added 17 reduced 13 sold out net sold ≈ $2.7m (-1.3m 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. Implied quarter-end price ≈ $2.15. Options: 1 managers hold calls ($645 notional), 3 hold puts ($24.7k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 68Q4 22: 62Q1 23: 60Q2 23: 5757Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202268
Q4 202262
Q1 202360
Q2 202357

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 23Q2 23: 24 bought or addedQ2 23: 30 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223534
Q1 20233731
Q2 20232430

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 16.86Q2 23 calls: $645Q2 23 puts: $24.7kQ2 23P/C 38.33
Numbers
QuarterCallsPutsP/C
Q3 2022$51.0k$241.0k4.73
Q4 2022$21.1k$39.7k1.88
Q1 2023$1.4k$23.0k16.86
Q2 2023$645$24.7k38.33

Biggest buyers

Prosight Management, LP Added +2,326,540+2.3m
Sio Capital Management, LLC Added +1,860,073+1.9m
Redmile Group, LLC Added +484,686+484.7k
MORGAN STANLEY Added +214,829+214.8k
MARSHALL WACE, LLP Added +207,379+207.4k
Laurion Capital Management LP New +120,881+120.9k
GSA CAPITAL PARTNERS LLP Added +85,237+85.2k
Composition Wealth, LLC New +84,496+84.5k
BANK OF AMERICA CORP /DE/ Added +21,904+21.9k
ACADIAN ASSET MANAGEMENT LLC New +21,862+21.9k

Biggest sellers

EVENTIDE ASSET MANAGEMENT, LLC Sold out -1,675,959-1.7m
PERCEPTIVE ADVISORS LLC Sold out -1,495,805-1.5m
GOLDMAN SACHS GROUP INC Reduced -1,216,116-1.2m
MILLENNIUM MANAGEMENT LLC Reduced -369,043-369.0k
JPMORGAN CHASE & CO Reduced -331,733-331.7k
Vantage Consulting Group Inc Reduced -300,695-300.7k
TWO SIGMA INVESTMENTS, LP Sold out -223,827-223.8k
CITADEL ADVISORS LLC Reduced -196,855-196.9k
BlackRock Inc. Reduced -167,042-167.0k
Woodline Partners LP Sold out -143,403-143.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $645300 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $23.9k11.1k shares
GROUP ONE TRADING LLC New $860400 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.

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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Redmile Group, LLC 1.16% of their portfolio LARKSPUR, CA 14,049,93514.0m $30.2m $30.2m 1.16% Added +484.7k +484,686
2 Prosight Management, LP 3.51% of their portfolio DALLAS, TX 5,583,9005.6m $12.0m $12.0m 3.51% Added +2.3m +2,326,540
3 Sio Capital Management, LLC 3.06% of their portfolio NEW YORK, NY 4,020,7054.0m $8.6m $8.6m 3.06% Added +1.9m +1,860,073
4 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 3,169,8493.2m $6.8m $6.8m 0.01% Reduced -196.9k -196,855
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,760,0812.8m $5.9m $5.9m 0.00% Reduced -331.7k -331,733
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,666,7121.7m $3.6m $3.6m 0.00% Added +21.9k +21,904
7 Frazier Life Sciences Management, L.P. 0.21% of their portfolio PALO ALTO, CA 1,647,0301.6m $3.5m $3.5m 0.21% Unchanged
8 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,424,1491.4m $3.1m $3.1m 0.00% Reduced -369.0k -369,043
9 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 1,270,1321.3m $2.7m $2.7m 0.00% Reduced -96.6k -96,557
10 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,221,8381.2m $2.6m $2.6m 0.00% Reduced -84.6k -84,600
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,137,5891.1m $2.4m $2.4m 0.00% Reduced -1.2m -1,216,116
12 Vantage Consulting Group Inc 1.10% of their portfolio VIRGINIA BEACH, VA 885,520885.5k $1.9m $1.9m 1.10% Reduced -300.7k -300,695
13 Nantahala Capital Management, LLC 0.22% of their portfolio NEW CANAAN, CT 840,000840.0k $1.8m $1.8m 0.22% Unchanged
14 AlphaCentric Advisors LLC 0.93% of their portfolio SAN JUAN, PR 778,000778.0k $1.7m $1.7m 0.93% Added +18.0k +18,000
15 Blue Owl Capital Holdings LP 0.97% of their portfolio New York, NY 733,568733.6k $1.6m $1.6m 0.97% Unchanged
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 652,778652.8k $1.4m $1.4m 0.00% Added +214.8k +214,829
17 Affinity Asset Advisors, LLC 0.51% of their portfolio NEW YORK, NY 600,000600.0k $1.3m $1.3m 0.51% Unchanged
18 BlackRock Inc. 0.00% of their portfolio New York, NY 468,505468.5k $1.0m $1.0m 0.00% Reduced -167.0k -167,042
19 GCM Grosvenor Holdings, LLC 0.38% of their portfolio Chicago, IL 410,888410.9k $883.4k $883.4k 0.38% Unchanged
20 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 365,058365.1k $784.9k $784.9k 0.00% Added +207.4k +207,379
21 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 314,925314.9k $677.1k $677.1k 0.00% Reduced -19.3k -19,347
22 XTX Topco Ltd 0.08% of their portfolio LONDON, X0 206,367206.4k $443.7k $443.7k 0.08% Reduced -59.9k -59,892
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 146,566146.6k $315.1k $315.1k 0.00% Unchanged
24 Laurion Capital Management LP 0.01% of their portfolio NEW YORK, NY 120,881120.9k $259.9k $259.9k 0.01% New
25 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 108,885108.9k $234.0k $234.0k 0.02% Added +85.2k +85,237
26 Indie Asset Partners, LLC 0.22% of their portfolio CARMEL, IN 93,83993.8k $201.8k $201.8k 0.22% Unchanged
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,52689.5k $192.5k $192.5k 0.00% Reduced -23.4k -23,380
28 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 84,49684.5k $181.7k $181.7k 0.01% New
29 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 74,69074.7k $160.6k $160.6k 0.00% Unchanged
30 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 69,87669.9k $150.2k $150.2k 0.00% Reduced -7.3k -7,290
31 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 55,76255.8k $119.9k $119.9k 0.00% Unchanged
32 Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio Parsippany, NJ 55,56955.6k $119.0k $119.0k 0.01% Reduced -1.5k -1,497
33 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 44,64144.6k $96.0k $96.0k 0.00% Reduced -59.9k -59,906
34 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 27,43727.4k $59.0k $59.0k 0.00% Added +2.4k +2,391
35 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 21,86221.9k $45.0k $45.0k 0.00% New
36 MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio ST LOUIS, MO 19,49619.5k $41.9k $41.9k 0.00% Unchanged
37 Virtu Financial LLC 0.00% of their portfolio New York, NY 18,83518.8k $40.0k $40.0k 0.00% New
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,78818.8k $40.4k $40.4k 0.00% Reduced -7.2k -7,240
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,46716.5k $35.4k $35.4k 0.00% Reduced -9.1k -9,117
40 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 14,64914.6k $31.5k $31.5k 0.00% Added +3.4k +3,408
41 ELCO Management Co., LLC 0.02% of their portfolio New York, NY 11,79911.8k $25.4k $25.4k 0.02% New
42 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,16411.2k $24.0k $24.0k 0.00% Added +1.7k +1,682
43 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 11,00011.0k $23.6k $23.6k 0.00% New
44 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,12410.1k $22.0k $22.0k 0.00% Added +3.1k +3,121
45 Cypress Capital Group 0.00% of their portfolio Palm Beach, FL 10,00010.0k $21.5k $21.5k 0.00% New
46 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,7215.7k $12.3k $12.3k 0.00% Added +5.7k +5,658
47 Aquatic Capital Management LLC 0.00% of their portfolio CHICAGO, IL 2,3002.3k $5.0k $5.0k 0.00% New
48 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,8341.8k $3.9k $3.9k 0.00% New
49 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 1,4001.4k $3.0k $3.0k 0.00% Unchanged
50 FMR LLC 0.00% of their portfolio BOSTON, MA 1,3821.4k $3.0k $3.0k 0.00% Reduced -79.5k -79,506
51 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 842842 $1.0k $1.0k 0.00% Added +677 +677
52 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 300300 $645 $645 0.00% Unchanged
53 Focused Wealth Management, Inc 0.00% of their portfolio Newburgh, NY 300300 $645 $645 0.00% Unchanged
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 100100 $215 $215 0.00% New
55 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 9595 $204 $204 0.00% Unchanged
56 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 3535 $76 $76 0.00% Unchanged
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged