Vault-13

ASCENDIS PHARMA A/S ASND

ORD SHS · Common Stock · CUSIP K08588103

Company in Copenhagen, Denmark

301 institutional holders +293 vs Q1 2026
65,691,34465.7m shares reported held*
$17.5bnreported value*
290 new 2 added 3 reduced 1 sold out net bought ≈ $14.5bn (+54.3m 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 ($42.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $266.71. Options: 17 managers hold calls ($176.2m notional), 11 hold puts ($65.0m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q1 26: 8Q2 26: 301301Q1 26Q2 26
Numbers
QuarterHolders
Q1 20268
Q2 2026301

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $7.8mQ1 26 puts: $1.0mQ1 26P/C 0.13Q2 26 calls: $176.2mQ2 26 puts: $65.0mQ2 26P/C 0.37
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$7.8m$1.0m0.13
Q2 2026$176.2m$65.0m0.37

Biggest buyers

RA CAPITAL MANAGEMENT, L.P. New +10,281,496+10.3m
Avoro Capital Advisors LLC New +5,111,111+5.1m
WESTFIELD CAPITAL MANAGEMENT CO LP New +4,798,267+4.8m
FMR LLC New +3,545,575+3.5m
Artisan Partners Limited Partnership New +2,634,024+2.6m
BlackRock, Inc. New +2,211,833+2.2m
Capital International Investors New +1,988,614+2.0m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ New +1,875,301+1.9m
FRANKLIN RESOURCES INC New +1,862,503+1.9m
WELLINGTON MANAGEMENT GROUP LLP New +1,548,636+1.5m

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Reduced -407,816-407.8k
Driehaus Capital Management LLC Reduced -57,501-57.5k
Evolutionary Tree Capital Management, LLC Reduced -3,021-3.0k
Legato Capital Management LLC Sold out -1,748-1.7k

Biggest calls

CITADEL ADVISORS LLC New $46.9m175.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $30.4m114.1k shares
JANE STREET GROUP, LLC New $18.6m69.9k shares
Caption Management, LLC New $16.6m62.3k shares
MILLENNIUM MANAGEMENT LLC New $16.2m60.7k shares
IMC-Chicago, LLC New $15.4m57.7k shares
Walleye Trading LLC New $9.9m37.2k shares
D. E. Shaw & Co., Inc. New $8.4m31.4k shares
GROUP ONE TRADING LLC New $4.1m15.3k shares
DLD Asset Management, LP New $2.8m10.5k shares

Biggest puts

CITADEL ADVISORS LLC New $24.8m93.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $13.2m49.5k shares
JANE STREET GROUP, LLC New $7.0m26.3k shares
TUDOR INVESTMENT CORP ET AL Added $5.3m20.0k shares
Walleye Trading LLC New $3.6m13.4k shares
GROUP ONE TRADING LLC New $2.8m10.6k shares
IMC-Chicago, LLC New $2.8m10.6k shares
SIMPLEX TRADING, LLC New $2.5m9.2k shares
HRT FINANCIAL LP New $2.4m9.0k shares
MILLENNIUM MANAGEMENT LLC New $346.7k1.3k 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
FMR LLC 13G · institution filed 2026-05-06 6.6% 3.9m≈ $1.0bn 2026-05-06

Fell to 5% or below in the last year: Artisan Partners Limited Partnership (4.2%, 2026-08-13)

Insider purchases and sales since 1 Apr 2026

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 2 buyingQ2 26: 1 sellingQ3 26: 1 buyingQ3 26: 2 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20262$284.4k1$4.6m—
Q3 20261$492.7k2$872.9k—
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-08 Bodenhoff Mads SVP & PAO Sold 3,000 $270.19 $810.6k3.0k shares -100%
2026-09-02 HOLTUG LARS Director Sold 236 $264.13 $62.3k236 shares -6%
2026-08-14 BIENAIME JEAN JACQUES Director Bought 2,000 $246.33 $492.7k2.0k shares +222%
2026-06-02 SMITH SCOTT THOMAS EVP & Chief Financial Officer Bought 100 $219.00 $21.9k100 shares +2%
2026-05-29 BIENAIME JEAN JACQUES Director Bought 500 $223.12 $111.6k500 shares +125%
2026-05-29 SMITH SCOTT THOMAS EVP & Chief Financial Officer Bought 250 $223.32 $55.8k250 shares +6%
2026-05-26 BIENAIME JEAN JACQUES Director Bought 400 $237.81 $95.1k400 shares new
2026-05-11 JENSEN FLEMMING STEEN Officer Sold 19,460 $238.49 $4.6m19.5k shares -100%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RA CAPITAL MANAGEMENT, L.P. 23.83% of their portfolio BOSTON, MA 10,281,49610.3m $2.7bn $2.7bn 23.83% New
2 T. Rowe Price Investment Management, Inc. 1.18% of their portfolio BALTIMORE, MD 6,754,8466.8m $1.8bn $1.8bn 1.18% Added +592.8k +592,804
3 Avoro Capital Advisors LLC 12.24% of their portfolio NEW YORK, NY 5,111,1115.1m $1.4bn $1.4bn 12.24% New
4 WESTFIELD CAPITAL MANAGEMENT CO LP 4.18% of their portfolio BOSTON, MA 4,798,2674.8m $1.3bn $1.3bn 4.18% New
5 Jupiter Topco LLC 0.40% of their portfolio NEW YORK, NY 3,648,7723.6m $973.4m $973.4m 0.40% First filing
6 FMR LLC 0.04% of their portfolio BOSTON, MA 3,545,5753.5m $945.7m $945.7m 0.04% New
7 Artisan Partners Limited Partnership 1.15% of their portfolio Milwaukee, WI 2,634,0242.6m $702.5m $702.5m 1.15% New
8 BlackRock, Inc. 0.01% of their portfolio New York, NY 2,211,8332.2m $589.9m $589.9m 0.01% New
9 Capital International Investors 0.11% of their portfolio Los Angeles, CA 1,988,6142.0m $530.4m $530.4m 0.11% New
10 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.16% of their portfolio Boston, MA 1,875,3011.9m $500.1m $500.1m 0.16% New
11 FRANKLIN RESOURCES INC 0.11% of their portfolio San Mateo, CA 1,862,5031.9m $496.8m $496.8m 0.11% New
12 WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio Boston, MA 1,548,6361.5m $413.1m $413.1m 0.07% New
13 AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio KANSAS CITY, MO 1,400,5751.4m $373.6m $373.6m 0.17% New
14 PERCEPTIVE ADVISORS LLC 4.82% of their portfolio NEW YORK, NY 1,163,7211.2m $310.4m $310.4m 4.82% New
15 PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio BALTIMORE, MD 1,122,5291.1m $299.4m $299.4m 0.03% Reduced -407.8k -407,816
16 Capital World Investors 0.03% of their portfolio LOS ANGELES, CA 906,081906.1k $241.7m $241.7m 0.03% New
17 PRINCIPAL FINANCIAL GROUP INC 0.11% of their portfolio DES MOINES, IA 873,502873.5k $233.0m $233.0m 0.11% New
18 Polar Capital Holdings Plc 0.47% of their portfolio London, X0 616,908616.9k $164.5m $164.5m 0.47% New
19 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 559,534559.5k $149.2m $149.2m 0.02% New
20 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 544,393544.4k $145.2m $145.2m 0.01% New
21 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 414,196414.2k $110.5m $110.5m 0.01% New
22 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 403,151403.2k $107.5m $107.5m 0.01% New
23 UBS Group AG 0.02% of their portfolio ZURICH, V8 401,881401.9k $107.2m $107.2m 0.02% New
24 ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio NASHVILLE, TN 399,292399.3k $106.5m $106.5m 0.04% New
25 Vestal Point Capital, LP 2.34% of their portfolio NEW YORK, NY 375,000375.0k $100.0m $100.0m 2.34% New
26 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 367,781367.8k $97.0m $97.0m 0.01% New
27 FIL Ltd 0.07% of their portfolio HAMILTON, D0 345,567345.6k $92.2m $92.2m 0.07% New
28 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 320,514320.5k $85.5m $85.5m 0.02% New
29 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 319,412319.4k $85.2m $85.2m 0.01% New
30 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 305,803305.8k $81.6m $81.6m 0.06% New
31 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 266,708266.7k $71.1m $71.1m 0.05% New
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 260,638260.6k $69.5m $69.5m 0.00% New
33 Tri Locum Partners LP 8.49% of their portfolio NEW YORK, NY 258,740258.7k $69.0m $69.0m 8.49% New
34 ORBIMED ADVISORS LLC 1.24% of their portfolio New York, NY 244,456244.5k $65.2m $65.2m 1.24% New
35 SEI INVESTMENTS CO 0.06% of their portfolio OAKS, PA 237,869237.9k $63.4m $63.4m 0.06% New
36 Pictet Asset Management Holding SA 0.06% of their portfolio CAROUGE, V8 234,039234.0k $62.3m $62.3m 0.06% New
37 PFM Health Sciences, LP 5.40% of their portfolio SAN FRANCISCO, CA 233,171233.2k $62.2m $62.2m 5.40% New
38 Spyglass Capital Management LLC 3.11% of their portfolio Greenbrae, CA 215,398215.4k $57.5m $57.5m 3.11% New
39 ARS Investment Partners, LLC 2.45% of their portfolio New York, NY 210,462210.5k $56.1m $56.1m 2.45% New
40 SILVERARC CAPITAL MANAGEMENT, LLC 6.12% of their portfolio BOSTON, MA 206,234206.2k $55.0m $55.0m 6.12% New
41 NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio ALBANY, NY 191,791191.8k $51.2m $51.2m 0.06% New
42 Empowered Funds, LLC 0.26% of their portfolio NEWTOWN SQUARE, PA 187,271187.3k $49.9m $49.9m 0.26% New
43 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 187,141187.1k $49.9m $49.9m 0.03% New
44 Allspring Global Investments Holdings, LLC 0.07% of their portfolio CHARLOTTE, NC 178,738178.7k $47.9m $47.9m 0.07% New
45 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 173,449173.4k $46.3m $46.3m 0.02% New
46 FRED ALGER MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 171,447171.4k $45.7m $45.7m 0.15% New
47 Rock Springs Capital Management LP 2.20% of their portfolio Baltimore, MD 168,750168.8k $45.0m $45.0m 2.20% New
48 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 161,026161.0k $42.9m $42.9m 0.02% New
49 RICE HALL JAMES & ASSOCIATES, LLC 1.93% of their portfolio San Diego, CA 148,644148.6k $39.6m $39.6m 1.93% New
50 LORD, ABBETT & CO. LLC 0.11% of their portfolio JERSEY CITY, NJ 144,468144.5k $38.5m $38.5m 0.11% New
51 USS Investment Management Ltd 0.15% of their portfolio London, X0 141,010141.0k $37.6m $37.6m 0.15% New
52 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 137,889137.9k $36.8m $36.8m 0.02% New
53 BRAUN STACEY ASSOCIATES INC 1.00% of their portfolio NEW YORK, NY 132,682132.7k $35.4m $35.4m 1.00% New
54 Walleye Capital LLC 0.16% of their portfolio NEW YORK, NY 126,005126.0k $33.6m $33.6m 0.16% New
55 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 125,772125.8k $33.5m $33.5m 0.01% New
56 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 119,699119.7k $31.9m $31.9m 0.04% New
57 TD Asset Management Inc 0.03% of their portfolio Toronto, A6 119,085119.1k $31.8m $31.8m 0.03% New
58 Resolute Capital Asset Partners LLC 13.52% of their portfolio DENVER, CO 118,627118.6k $31.6m $31.6m 13.52% New
59 Eagle Health Investments LP 4.69% of their portfolio Greenwich, CT 106,158106.2k $28.3m $28.3m 4.69% New
60 First Turn Management, LLC 2.99% of their portfolio DEL MAR, CA 104,877104.9k $28.0m $28.0m 2.99% New
61 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 103,933103.9k $27.7m $27.7m 0.00% New
62 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 103,540103.5k $27.6m $27.6m 0.00% New
63 Fiera Capital Corp 0.10% of their portfolio MONTREAL, A8 103,313103.3k $27.6m $27.6m 0.10% New
64 Woodline Partners LP 0.08% of their portfolio San Francisco, CA 102,469102.5k $27.3m $27.3m 0.08% New
65 Q Global Advisors, LLC 18.09% of their portfolio FORT WORTH, TX 100,000100.0k $26.7m $26.7m 18.09% Unchanged
66 Defilade Capital Management, L.P. 3.39% of their portfolio EMERYVILLE, CA 94,84394.8k $25.3m $25.3m 3.39% New
67 SAPIENT CAPITAL LLC 0.32% of their portfolio INDIANAPOLIS, IN 92,16292.2k $24.6m $24.6m 0.32% New
68 Synergy Asset Management, LLC 2.29% of their portfolio VANCOUVER, WA 91,22891.2k $24.3m $24.3m 2.29% New
69 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 90,31890.3k $24.1m $24.1m 0.01% New
70 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 85,47885.5k $22.8m $22.8m 0.01% New
71 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 78,94178.9k $21.1m $21.1m 0.03% New
72 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 76,54076.5k $20.4m $20.4m 0.01% New
73 Driehaus Capital Management LLC 0.11% of their portfolio Chicago, IL 70,06170.1k $18.7m $18.7m 0.11% Reduced -57.5k -57,501
74 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 66,50066.5k $17.7m $17.7m 0.02% New
75 CASTLEARK MANAGEMENT LLC 0.44% of their portfolio CHICAGO, IL 61,69661.7k $16.5m $16.5m 0.44% New
76 Atika Capital Management LLC 1.61% of their portfolio NEW YORK, NY 61,00061.0k $16.3m $16.3m 1.61% New
77 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 54,33254.3k $14.5m $14.5m 0.01% New
78 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 50,35350.4k $13.4m $13.4m 0.00% New
79 Cormorant Asset Management, LP 0.68% of their portfolio BOSTON, MA 50,00050.0k $13.3m $13.3m 0.68% New
80 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 48,61248.6k $13.0m $13.0m 0.01% New
81 DAFNA Capital Management LLC 2.47% of their portfolio LOS ANGELES, CA 48,46948.5k $12.9m $12.9m 2.47% New
82 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 48,36048.4k $12.9m $12.9m 0.01% New
83 Trexquant Investment LP 0.08% of their portfolio STAMFORD, CT 47,26947.3k $12.6m $12.6m 0.08% New
84 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 45,77645.8k $12.2m $12.2m 0.00% New
85 Integral Health Asset Management, LLC 0.49% of their portfolio New York, NY 45,00045.0k $12.0m $12.0m 0.49% New
86 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 43,67843.7k $11.6m $11.6m 0.02% New
87 XTX Topco Ltd 0.15% of their portfolio LONDON, X0 43,28943.3k $11.5m $11.5m 0.15% New
88 Eversept Partners, LP 0.61% of their portfolio NEW YORK, NY 41,62141.6k $11.1m $11.1m 0.61% New
89 Nicholas Investment Partners, LP 0.57% of their portfolio RANCHO SANTA FE, CA 38,16038.2k $10.2m $10.2m 0.57% New
90 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 36,51236.5k $9.7m $9.7m 0.01% New
91 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 33,38333.4k $8.9m $8.9m 0.01% New
92 Longaeva Partners L.P. 0.25% of their portfolio Chicago, IL 32,03632.0k $8.5m $8.5m 0.25% New
93 Catalio Capital Management, LP 1.59% of their portfolio NEW YORK, NY 31,75931.8k $8.5m $8.5m 1.59% New
94 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 31,02331.0k $8.3m $8.3m 0.02% New
95 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 30,88330.9k $8.2m $8.2m 0.01% New
96 Affinity Asset Advisors, LLC 0.39% of their portfolio NEW YORK, NY 30,00030.0k $8.0m $8.0m 0.39% New
97 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 29,30329.3k $7.8m $7.8m 0.03% New
98 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 28,69328.7k $7.7m $7.7m 0.00% New
99 ADAR1 Capital Management, LLC 0.36% of their portfolio AUSTIN, TX 28,60428.6k $7.6m $7.6m 0.36% New
100 Matisse Capital 3.00% of their portfolio PORTLAND, OR 28,10728.1k $7.5m $7.5m 3.00% New