Vault-13

ALVOTECH ALVO

ORDINARY SHARES · Common Stock · CUSIP L01800108

57 institutional holders +8 vs Q4 2025
16,998,09617.0m shares reported held*
5.4% of all shares outstanding*
$57.3mreported value*
13 new 24 added 10 reduced 7 sold out net bought ≈ $4.5m (+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. Shares outstanding: 312.0m as of 2025-12-31, 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 ≈ $3.37.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 15Q4 22: 12Q1 23: 18Q2 23: 18Q3 23: 20Q4 23: 19Q1 24: 23Q2 24: 32Q3 24: 33Q4 24: 46Q1 25: 52Q2 25: 54Q3 25: 67Q4 25: 49Q1 26: 5757Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202215
Q4 202212
Q1 202318
Q2 202318
Q3 202320
Q4 202319
Q1 202423
Q2 202432
Q3 202433
Q4 202446
Q1 202552
Q2 202554
Q3 202567
Q4 202549
Q1 202657

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 16 bought or addedQ2 24: 12 cut or sold outQ3 24: 12 bought or addedQ3 24: 14 cut or sold outQ3 24Q4 24: 27 bought or addedQ4 24: 12 cut or sold outQ1 25: 27 bought or addedQ1 25: 14 cut or sold outQ1 25Q2 25: 23 bought or addedQ2 25: 23 cut or sold outQ3 25: 40 bought or addedQ3 25: 21 cut or sold outQ3 25Q4 25: 27 bought or addedQ4 25: 31 cut or sold outQ1 26: 37 bought or addedQ1 26: 17 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241612
Q3 20241214
Q4 20242712
Q1 20252714
Q2 20252323
Q3 20254021
Q4 20252731
Q1 20263717

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +1,765,420+1.8m
JPMORGAN CHASE & CO Added +479,952+480.0k
UBS Group AG Added +186,097+186.1k
Savant Capital, LLC New +77,818+77.8k
Oaktree Fund Advisors, LLC Added +70,820+70.8k
GEODE CAPITAL MANAGEMENT, LLC Added +69,278+69.3k
BlackRock, Inc. Added +69,161+69.2k
Aquatic Capital Management LLC Added +65,250+65.2k
Orion Porfolio Solutions, LLC Added +48,111+48.1k
Jump Financial, LLC New +46,442+46.4k

Biggest sellers

PointState Capital LP Sold out -1,049,039-1.0m
OAKTREE CAPITAL MANAGEMENT LP Reduced -293,618-293.6k
GOLDMAN SACHS GROUP INC Reduced -111,383-111.4k
JANE STREET GROUP, LLC Sold out -92,314-92.3k
Legal & General Group Plc Reduced -77,126-77.1k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -37,046-37.0k
BANK OF AMERICA CORP /DE/ Sold out -35,503-35.5k
Amundi Sold out -19,416-19.4k
Point72 Asset Management, L.P. Sold out -14,840-14.8k
MORGAN STANLEY Reduced -11,947-11.9k

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 Q1 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.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 3,410,4473.4m $11.8m $11.8m 0.00% First filing
2 Bracebridge Capital, LLC 1.67% of their portfolio BOSTON, MA 2,705,3042.7m $9.3m $9.3m 1.67% Unchanged
3 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 2,122,5962.1m $7.3m $7.3m 0.01% Added +1.8m +1,765,420
4 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,397,1071.4m $4.8m $4.8m 0.00% Reduced -37.0k -37,046
5 LITTLEJOHN & CO LLC 4.29% of their portfolio GREENWICH, CT 1,318,5341.3m $4.5m $4.5m 4.29% Unchanged
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,245,1951.2m $4.3m $4.3m 0.00% Added +69.2k +69,161
7 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 974,228974.2k $3.4m $3.4m 0.00% First filing
8 Legal & General Group Plc 0.00% of their portfolio London, X0 504,460504.5k $1.7m $1.7m 0.00% Reduced -77.1k -77,126
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 504,201504.2k $1.7m $1.7m 0.00% Added +480.0k +479,952
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 324,199324.2k $1.1m $1.1m 0.00% Added +69.3k +69,278
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 322,157322.2k $1.1m $1.1m 0.00% Added +186.1k +186,097
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 243,277243.3k $834.4k $834.4k 0.00% Reduced -11.9k -11,947
13 OAKTREE CAPITAL MANAGEMENT LP 0.01% of their portfolio LOS ANGELES, CA 240,038240.0k $338.9k $338.9k 0.01% Reduced -293.6k -293,618
14 Oaktree Fund Advisors, LLC 0.46% of their portfolio LOS ANGLES, CA 217,663217.7k $263.6k $263.6k 0.46% Added +70.8k +70,820
15 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio SAN FRANCISCO, CA 199,675199.7k $684.9k $684.9k 0.00% Unchanged
16 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 151,935151.9k $527.2k $527.2k 0.00% First filing
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 148,153148.2k $508.2k $508.2k 0.00% Reduced -111.4k -111,383
18 Ulland Investment Advisors, LLC 0.29% of their portfolio MINNEAPOLIS, MN 98,10098.1k $336.0k $336.0k 0.29% Added +25.6k +25,600
19 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 78,44778.4k $269.1k $269.1k 0.00% Added +5.1k +5,087
20 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 77,81877.8k $266.9k $266.9k 0.00% New
21 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 69,82169.8k $239.5k $239.5k 0.01% Added +65.2k +65,250
22 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 63,20063.2k $216.8k $216.8k 0.00% Added +37.6k +37,600
23 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 60,15160.2k $206.3k $206.3k 0.00% Added +48.1k +48,111
24 China Universal Asset Management Co., Ltd. 0.02% of their portfolio SHANGHAI, F4 58,61258.6k $201.0k $201.0k 0.02% Added +7.6k +7,606
25 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 46,44246.4k $159.3k $159.3k 0.00% New
26 Richmond Brothers, Inc. 0.10% of their portfolio JACKSON, MI 44,83044.8k $153.8k $153.8k 0.10% Added +30.9k +30,864
27 Tempus Wealth Planning, LLC 0.03% of their portfolio IRVINE, CA 44,21344.2k $151.7k $151.7k 0.03% Reduced -9.7k -9,667
28 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 42,57642.6k $146.0k $146.0k 0.00% Added +21.6k +21,581
29 Steadtrust LLC 0.07% of their portfolio ALLEN, TX 35,39535.4k $121.4k $121.4k 0.07% Unchanged
30 Sculptor Capital LP 0.00% of their portfolio New York, NY 33,82133.8k $2.6k $2.6k 0.00% Unchanged
31 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 32,15932.2k $110.3k $110.3k 0.00% New
32 AXQ CAPITAL, LP 0.01% of their portfolio JERSEY CITY, NJ 24,92024.9k $85.5k $85.5k 0.01% New
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 23,83223.8k $81.7k $81.7k 0.00% Added +8.4k +8,373
34 Teucrium Investment Advisors, LLC 0.05% of their portfolio BURLINGTON, VT 17,84517.8k $61.2k $61.2k 0.05% New
35 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 17,27617.3k $59.3k $59.3k 0.00% New
36 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 17,22717.2k $59.1k $59.1k 0.00% Added +2.0k +2,016
37 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 16,41216.4k $56.3k $56.3k 0.00% New
38 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 14,77614.8k $50.7k $50.7k 0.00% Added +950 +950
39 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 9,2309.2k $31.7k $31.7k 0.00% Reduced -5.1k -5,139
40 GF FUND MANAGEMENT CO. LTD. 0.00% of their portfolio GUANGZHOU, F4 7,0047.0k $24.0k $24.0k 0.00% Added +854 +854
41 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 6,9817.0k $23.9k $23.9k 0.00% Added +230 +230
42 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 6,8076.8k $23.3k $23.3k 0.00% Added +6.5k +6,494
43 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,2885.3k $18.1k $18.1k 0.00% Added +1.9k +1,943
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,0005.0k $17.1k $17.1k 0.00% New
45 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 3,3703.4k $10.5k $10.5k 0.00% New
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,0403.0k $10.4k $10.4k 0.00% Added +1.8k +1,834
47 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 1,2841.3k $4.4k $4.4k 0.00% New
48 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 932932 $3.0k $3.0k 0.00% Unchanged
49 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 818818 $2.8k $2.8k 0.00% Added +667 +667
50 Rialto Wealth Management, LLC 0.00% of their portfolio SYRACUSE, NY 600600 $2.1k $2.1k 0.00% Unchanged
51 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 240240 $824 $824 0.00% New
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160160 $1.0k $1.0k 0.00% Reduced -9 -9
53 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 140140 $461 $461 0.00% Reduced -22 -22
54 Stone House Investment Management, LLC 0.00% of their portfolio TUNKHANNOCK, PA 9494 $322 $322 0.00% New
55 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 3535 $120 $120 0.00% New
56 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2020 $69 $69 0.00% Added +10 +10
57 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 1111 $38 $38 0.00% Reduced -574 -574