Vault-13

VECTIVBIO HLDG AG

ORD SHS · CUSIP H9060V101

51 institutional holders +15 vs Q1 2023
29,599,88229.6m shares reported held*
$501.1mreported value*
35 new 4 added 6 reduced 21 sold out net sold ≈ $247.2m (-14.7m 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.93. Options: 4 managers hold calls ($459.7k notional), 4 hold puts ($323.7k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 21Q4 22: 29Q1 23: 36Q2 23: 5151Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202221
Q4 202229
Q1 202336
Q2 202351

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 9 cut or sold outQ1 23Q2 23: 39 bought or addedQ2 23: 27 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022155
Q1 2023199
Q2 20233927

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $459.7kQ2 23 puts: $323.7kQ2 23P/C 0.70
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$459.7k$323.7k0.70

Biggest buyers

GLAZER CAPITAL, LLC New +1,875,178+1.9m
ALPINE ASSOCIATES MANAGEMENT INC. New +1,806,697+1.8m
ALLIANCEBERNSTEIN L.P. New +1,283,887+1.3m
Versor Investments LP New +1,210,379+1.2m
GOLDMAN SACHS GROUP INC Added +1,096,570+1.1m
WATER ISLAND CAPITAL LLC New +939,293+939.3k
BANK OF AMERICA CORP /DE/ Added +756,536+756.5k
GARDNER LEWIS ASSET MANAGEMENT L P New +642,769+642.8k
HSBC HOLDINGS PLC New +562,022+562.0k
UBS Group AG Added +469,471+469.5k

Biggest sellers

CITADEL ADVISORS LLC Reduced -3,966,231-4.0m
EVENTIDE ASSET MANAGEMENT, LLC Sold out -3,675,644-3.7m
NOVO HOLDINGS A/S Sold out -3,610,461-3.6m
Bpifrance SA Sold out -2,806,217-2.8m
Cormorant Asset Management, LP Sold out -2,536,617-2.5m
CHI Advisors LLC Reduced -2,472,728-2.5m
Venrock Adviser, LLC Sold out -1,866,000-1.9m
Driehaus Capital Management LLC Sold out -1,768,198-1.8m
MARSHALL WACE, LLP Sold out -1,669,656-1.7m
Frazier Life Sciences Management, L.P. Sold out -1,352,199-1.4m

Biggest calls

CITADEL ADVISORS LLC New $303.7k18.0k shares
CSS LLC/IL New $145.1k8.6k shares
SIMPLEX TRADING, LLC New $11.0k700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 shares

Biggest puts

CSS LLC/IL New $271.6k16.1k shares
CITADEL ADVISORS LLC New $32.1k1.9k shares
SIMPLEX TRADING, LLC New $20.0k1.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ORBIMED ADVISORS LLC 1.60% of their portfolio New York, NY 5,156,5615.2m $87.7m $87.7m 1.60% Unchanged
2 TCG Crossover Management, LLC 8.68% of their portfolio PALO ALTO, CA 3,113,6003.1m $52.9m $52.9m 8.68% Unchanged
3 CHI Advisors LLC 14.25% of their portfolio NEW YORK, NY 2,782,7562.8m $46.9m $46.9m 14.25% Reduced -2.5m -2,472,728
4 Vivo Capital, LLC 2.72% of their portfolio Palo Alto, CA 2,333,3002.3m $39.4m $39.4m 2.72% Unchanged
5 GLAZER CAPITAL, LLC 2.11% of their portfolio New York, NY 1,875,1781.9m $31.9m $31.9m 2.11% New
6 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.66% of their portfolio CHICAGO, IL 1,847,6661.8m $31.2m $31.2m 0.66% Not comparable
7 ALPINE ASSOCIATES MANAGEMENT INC. 1.38% of their portfolio PALM BEACH, FL 1,806,6971.8m $30.7m $30.7m 1.38% New
8 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,283,8871.3m $21.7m $21.7m 0.01% New
9 Versor Investments LP 3.54% of their portfolio New York, NY 1,210,3791.2m $20.4m $20.4m 3.54% New
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,123,6471.1m $19.0m $19.0m 0.00% Added +1.1m +1,096,570
11 WATER ISLAND CAPITAL LLC 1.49% of their portfolio NEW YORK, NY 939,293939.3k $16.0m $16.0m 1.49% New
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 796,277796.3k $13.4m $13.4m 0.00% Added +756.5k +756,536
13 GARDNER LEWIS ASSET MANAGEMENT L P 3.97% of their portfolio CHADDS FORD, PA 642,769642.8k $10.8m $10.8m 3.97% New
14 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 562,022562.0k $9.5m $9.5m 0.01% New
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 525,591525.6k $8.9m $8.9m 0.00% Added +469.5k +469,471
16 Crabel Capital Management, LLC 3.21% of their portfolio MILWAUKEE, WI 460,405460.4k $7.8m $7.8m 3.21% New
17 Ergoteles LLC 0.36% of their portfolio NEW YORK, NY 443,928443.9k $7.5m $7.5m 0.36% New
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 349,944349.9k $5.9m $5.9m 0.00% New
19 TIG Advisors, LLC 0.36% of their portfolio New York, NY 349,876349.9k $5.9m $5.9m 0.36% New
20 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 314,400314.4k $5.3m $5.3m 0.02% New
21 PRELUDE CAPITAL MANAGEMENT, LLC 0.31% of their portfolio NEW YORK, NY 219,643219.6k $3.7m $3.7m 0.31% New
22 Chicago Capital Management, LLC 3.79% of their portfolio CHICAGO, IL 173,840173.8k $3.0m $3.0m 3.79% New
23 EHP Funds Inc. 0.81% of their portfolio TORONTO, Z4 170,000170.0k $2.9m $2.9m 0.81% New
24 BARDIN HILL MANAGEMENT PARTNERS LP 0.73% of their portfolio NEW YORK, NY 164,032164.0k $2.8m $2.8m 0.73% New
25 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 157,606157.6k $2.7m $2.7m 0.00% New
26 Kellner Capital, LLC 2.84% of their portfolio NEW YORK, NY 145,597145.6k $2.5m $2.5m 2.84% New
27 New York Life Investment Management LLC 0.02% of their portfolio New York, NY 135,051135.1k $2.3m $2.3m 0.02% New
28 PICTON MAHONEY ASSET MANAGEMENT 0.08% of their portfolio Toronto, A6 100,000100.0k $1.7m $1.7m 0.08% New
29 Hunting Hill Global Capital, LLC 0.64% of their portfolio New York, NY 63,58163.6k $1.1m $1.1m 0.64% New
30 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 54,62054.6k $921.4k $921.4k 0.01% New
31 AQR Arbitrage LLC 0.04% of their portfolio Greenwich, CT 52,64852.6k $888.2k $888.2k 0.04% New
32 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 49,60049.6k $837.0k $837.0k 0.00% New
33 HARVEST MANAGEMENT LLC 0.79% of their portfolio New York, NY 45,81745.8k $778.9k $778.9k 0.79% New
34 Virtu Financial LLC 0.05% of their portfolio New York, NY 41,41141.4k $699.0k $699.0k 0.05% New
35 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 41,27441.3k $696.3k $696.3k 0.00% Added +16.6k +16,627
36 Weiss Multi-Strategy Advisers LLC 0.01% of their portfolio NEW YORK, NY 37,13937.1k $627.0k $627.0k 0.01% New
37 Woodline Partners LP 0.01% of their portfolio San Francisco, CA 33,82733.8k $570.7k $570.7k 0.01% New
38 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 33,42633.4k $563.9k $563.9k 0.01% New
39 Regency Capital Management Inc.\DE 0.44% of their portfolio HONOLULU, HI 30,00030.0k $506.1k $506.1k 0.44% Reduced -8.0k -8,000
40 GAM Holding AG 0.03% of their portfolio Zurich, V8 27,54527.5k $464.7k $464.7k 0.03% New
41 Diametric Capital, LP 0.16% of their portfolio BOSTON, MA 21,50021.5k $362.7k $362.7k 0.16% New
42 Carmignac Gestion 0.01% of their portfolio PARIS, I0 19,99720.0k $339.9k $339.9k 0.01% Not comparable
43 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 15,52815.5k $262.0k $262.0k 0.00% New
44 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,69511.7k $197.0k $197.0k 0.00% New
45 EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio Oklahoma City, OK 8,5128.5k $143.6k $143.6k 0.00% New
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,3061.3k $22.0k $22.0k 0.00% Reduced -4.0m -3,966,231
47 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 185185 $3.1k $3.1k 0.00% Reduced -92 -92
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 135135 $2.0k $2.0k 0.00% New
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3131 $523 $523 0.00% Reduced -2.2k -2,231
50 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
51 Canaan Partners XI LLC 0.00% of their portfolio MENLO PARK, CA 00 $0 $0 0.00% Reduced -37.1k -37,051