Vault-13

ALVOTECH ALVO

ORDINARY SHARES · Common Stock · CUSIP L01800108

32 institutional holders +9 vs Q1 2024
14,509,13414.5m shares reported held*
$174.0mreported value*
11 new 5 added 10 reduced 2 sold out net sold ≈ $17.1m (-1.4m 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 ≈ $11.99. Options: 1 managers hold calls ($1.2m notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 15Q4 22: 12Q1 23: 18Q2 23: 18Q3 23: 20Q4 23: 19Q1 24: 23Q2 24: 3232Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202215
Q4 202212
Q1 202318
Q2 202318
Q3 202320
Q4 202319
Q1 202423
Q2 202432

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 0 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 10 bought or addedQ1 23: 4 cut or sold outQ2 23: 7 bought or addedQ2 23: 8 cut or sold outQ2 23Q3 23: 8 bought or addedQ3 23: 8 cut or sold outQ4 23: 8 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 15 bought or addedQ1 24: 8 cut or sold outQ2 24: 16 bought or addedQ2 24: 12 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202206
Q1 2023104
Q2 202378
Q3 202388
Q4 202386
Q1 2024158
Q2 20241612

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $1.1mQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $1.2mQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $1.2mQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$1.1m$00.00
Q1 2024$1.2m$00.00
Q2 2024$1.2m$00.00

Biggest buyers

Balyasny Asset Management L.P. New +848,444+848.4k
PointState Capital LP New +730,072+730.1k
Legal & General Group Plc New +543,865+543.9k
MILLENNIUM MANAGEMENT LLC New +116,018+116.0k
LITTLEJOHN & CO LLC Added +100,000+100.0k
Exome Asset Management LLC New +99,000+99.0k
ROYCE & ASSOCIATES LP New +94,000+94.0k
GEODE CAPITAL MANAGEMENT, LLC Added +55,239+55.2k
VANGUARD GROUP INC Added +33,965+34.0k
TBH Global Asset Management, LLC New +33,500+33.5k

Biggest sellers

MORGAN STANLEY Reduced -2,418,512-2.4m
Sculptor Capital LP Reduced -1,001,064-1.0m
OAKTREE CAPITAL MANAGEMENT LP Reduced -367,174-367.2k
MARSHALL WACE, LLP Reduced -211,131-211.1k
Lodbrok Capital LLP Reduced -35,594-35.6k
OCCUDO QUANTITATIVE STRATEGIES LP Sold out -24,120-24.1k
Oaktree Fund Advisors, LLC Reduced -17,307-17.3k
Point72 Asset Management, L.P. Sold out -11,700-11.7k
NORTHERN TRUST CORP Reduced -11,143-11.1k
Cubist Systematic Strategies, LLC Reduced -3,122-3.1k

Biggest calls

Alyeska Investment Group, L.P. Unchanged $1.2m100.0k shares

Biggest puts

None

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
Aztiq Pharma Partners S.a r.l. 13D · may seek influence filed 2026-03-12 33.3% 103.8m≈ $383.2m 2026-03-12
Celtic Holdings SCA 13D · may seek influence filed 2026-06-30
Stated purposeItem 4 is hereby amended and supplemented as follows: On June 26, 2026, Celtic Lux purchased aggregate of 10,133,333 Ordinary Shares, at a price of $3.75 per share, for an aggregate investment of $38,000,000 (such investment, the "PIPE Investment") pursuant to the terms of a subscription agreement (the "Subscription Agreement") dated June 16, 2026, by and between Celtic Lux and the Issuer. In connection with the PIPE Investment, pursuant to the Subscription Agreement, Celtic Lux was granted registration rights pursuant to which Celtic Lux may, at any time and from time to time, make a written demand for registration under the Securities Act of 1933, as amended, of all or any portion of the shares purchased by it in the PIPE Investment on any available form of registration statement (a "D… Full filing
 27.5% 107.5m≈ $348.3m 2026-06-30

Insider purchases and sales in Q2 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,159,7493.2m $38.4m $38.4m 0.00% Added +34.0k +33,965
2 Bracebridge Capital, LLC 16.53% of their portfolio BOSTON, MA 2,705,3042.7m $32.9m $32.9m 16.53% Unchanged
3 OAKTREE CAPITAL MANAGEMENT LP 0.53% of their portfolio LOS ANGELES, CA 2,532,0272.5m $30.8m $30.8m 0.53% Reduced -367.2k -367,174
4 LITTLEJOHN & CO LLC 8.19% of their portfolio GREENWICH, CT 1,318,5341.3m $16.0m $16.0m 8.19% Added +100.0k +100,000
5 Sculptor Capital LP 0.23% of their portfolio New York, NY 945,098945.1k $11.2m $11.2m 0.23% Reduced -1.0m -1,001,064
6 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 848,444848.4k $10.3m $10.3m 0.03% New
7 PointState Capital LP 0.25% of their portfolio New York, NY 730,072730.1k $8.9m $8.9m 0.25% New
8 Lodbrok Capital LLP 4.11% of their portfolio LONDON, X0 715,814715.8k $6.8m $6.8m 4.11% Reduced -35.6k -35,594
9 Legal & General Group Plc 0.00% of their portfolio London, X0 543,865543.9k $6.4m $6.4m 0.00% New
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 188,235188.2k $2.3m $2.3m 0.00% Added +55.2k +55,239
11 Oaktree Fund Advisors, LLC 1.36% of their portfolio LOS ANGLES, CA 118,744118.7k $1.4m $1.4m 1.36% Reduced -17.3k -17,307
12 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 116,018116.0k $1.4m $1.4m 0.00% New
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 110,114110.1k $1.3m $1.3m 0.00% Reduced -11.1k -11,143
14 Exome Asset Management LLC 1.07% of their portfolio NEW YORK, NY 99,00099.0k $1.2m $1.2m 1.07% New
15 ROYCE & ASSOCIATES LP 0.01% of their portfolio New York, NY 94,00094.0k $1.1m $1.1m 0.01% New
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 58,29158.3k $708.8k $708.8k 0.00% Reduced -2.4m -2,418,512
17 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 50,00050.0k $608.0k $608.0k 0.02% Unchanged
18 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 38,99239.0k $474.1k $474.1k 0.00% Reduced -211.1k -211,131
19 TBH Global Asset Management, LLC 0.09% of their portfolio Brentwood, TN 33,50033.5k $407.4k $407.4k 0.09% New
20 Mariner, LLC 0.00% of their portfolio Overland Park, KS 26,22026.2k $318.8k $318.8k 0.00% Reduced -884 -884
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,21920.2k $245.9k $245.9k 0.00% Added +10.2k +10,219
22 Richmond Brothers, Inc. 0.34% of their portfolio JACKSON, MI 13,96614.0k $169.8k $169.8k 0.34% New
23 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 13,27713.3k $161.4k $161.4k 0.00% Reduced -3.1k -3,122
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 11,65611.7k $141.7k $141.7k 0.00% New
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,7368.7k $106.2k $106.2k 0.00% Added +8.1k +8,134
26 Amundi 0.00% of their portfolio Paris, I0 6,7006.7k $81.4k $81.4k 0.00% Unchanged
27 Quarry LP 0.01% of their portfolio NEW YORK, NY 2,3682.4k $28.8k $28.8k 0.01% New
28 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 150150 $1.8k $1.8k 0.00% New
29 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 3030 $365 $365 0.00% Unchanged
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 99 $0 $0 0.00% Reduced -1.3k -1,328
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 22 $24 $24 0.00% Unchanged
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged