LAVA THERAPEUTICS NV LVTX
SHS · Common Stock
· CUSIP N51517105
16
institutional holders
-4 vs Q1 2023
5,746,405 5.7m shares reported held*
$11.7m reported value*
5 new3 added2 reduced8 sold outnet sold ≈ $2.0m (-972.5k 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 ≈ $2.03.
Options: 2 managers hold calls
($34.7k notional), 1 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
0 10 20 30 Q3 22: 14 Q4 22: 21 Q1 23: 20 Q2 23: 16 16 Q3 22 Q4 22 Q1 23 Q2 23
Numbers
Quarter Holders
Q3 2022 14 Q4 2022 21 Q1 2023 20 Q2 2023 16
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
10 0 10 Q4 22: 10 bought or added Q4 22: 5 cut or sold out Q4 22 Q1 23: 7 bought or added Q1 23: 9 cut or sold out Q1 23 Q2 23: 8 bought or added Q2 23: 10 cut or sold out Q2 23
Numbers
Quarter Bought or added Cut or sold out
Q4 2022 10 5 Q1 2023 7 9 Q2 2023 8 10
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
$0 $10k $20k $30k $40k Q3 22 calls: $0 Q3 22 puts: $0 Q3 22 P/C — Q4 22 calls: $0 Q4 22 puts: $0 Q4 22 P/C — Q1 23 calls: $0 Q1 23 puts: $0 Q1 23 P/C — Q2 23 calls: $34.7k Q2 23 puts: $0 Q2 23 P/C 0.00
Numbers
Quarter Calls Puts P/C
Q3 2022 $0 $0 — Q4 2022 $0 $0 — Q1 2023 $0 $0 — Q2 2023 $34.7k $0 0.00
Biggest buyers
Bruce & Co., Inc. Added +100,000 +100.0k MILLENNIUM MANAGEMENT LLC New +80,374 +80.4k PNC Financial Services Group, Inc. Added +15,000 +15.0k Tower Research Capital LLC (TRC) New +11,960 +12.0k HRT FINANCIAL LP New +10,714 +10.7k MORGAN STANLEY Added +1,300 +1.3k SIMPLEX TRADING, LLC New +1,142 +1.1k GROUP ONE TRADING LLC New +100 +100
Biggest sellers
NOVO HOLDINGS A/S Reduced -670,558 -670.6k AXA S.A. Sold out -225,748 -225.7k SILVERARC CAPITAL MANAGEMENT, LLC Sold out -140,291 -140.3k CANTOR FITZGERALD, L. P. Sold out -53,299 -53.3k BANK OF AMERICA CORP /DE/ Sold out -32,240 -32.2k CITADEL ADVISORS LLC Sold out -27,898 -27.9k CANNELL CAPITAL LLC Sold out -17,955 -18.0k RENAISSANCE TECHNOLOGIES LLC Sold out -10,600 -10.6k Alpha Wave Global, LP Reduced -10,419 -10.4k UBS Group AG Sold out -4,095 -4.1k
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.
Holder Stake Change Shares
Last filed
Shay Capital LLC
13G · passive investor
new · filed 2025-09-26
9.9%
new
2.6m
2025-09-26
BML Investment Partners, L.P.
13G · passive investor
new · filed 2025-03-03
7.4%
new
2.0m
2025-03-03
Holders, Q2 2023
# Manager Location Shares
Value % of their portfolio Change Shares change
1
NOVO HOLDINGS A/S
0.38% of their portfolio HELLERUP, G7
2,400,000 2.4m
$4.9m $4.9m
0.38%
Reduced
-670.6k -670,558
2
Redmile Group, LLC
0.16% of their portfolio LARKSPUR, CA
2,074,372 2.1m
$4.2m $4.2m
0.16%
Unchanged
3
Bruce & Co., Inc.
0.44% of their portfolio CHICAGO, IL
771,874 771.9k
$1.6m $1.6m
0.44%
Added
+100.0k +100,000
4
Artal Group S.A.
0.01% of their portfolio LUXEMBOURG, N4
200,000 200.0k
$406.0k $406.0k
0.01%
Unchanged
5
Alpha Wave Global, LP
0.15% of their portfolio Miami, FL
109,097 109.1k
$221.5k $221.5k
0.15%
Reduced
-10.4k -10,419
6
MILLENNIUM MANAGEMENT LLC
0.00% of their portfolio NEW YORK, NY
80,374 80.4k
$163.2k $163.2k
0.00%
New
7
PNC Financial Services Group, Inc.
0.00% of their portfolio Pittsburgh, PA
65,000 65.0k
$131.9k $131.9k
0.00%
Added
+15.0k +15,000
8
Tower Research Capital LLC (TRC)
0.00% of their portfolio NEW YORK, NY
11,960 12.0k
$24.3k $24.3k
0.00%
New
9
GEODE CAPITAL MANAGEMENT, LLC
0.00% of their portfolio BOSTON, MA
11,124 11.1k
$22.6k $22.6k
0.00%
Unchanged
10
HRT FINANCIAL LP
0.00% of their portfolio NEW YORK, NY
10,714 10.7k
$21.0k $21.0k
0.00%
New
11
MORGAN STANLEY
0.00% of their portfolio NEW YORK, NY
10,200 10.2k
$20.7k $20.7k
0.00%
Added
+1.3k +1,300
12
SIMPLEX TRADING, LLC
0.00% of their portfolio CHICAGO, IL
1,142 1.1k
$2.0k $2.0k
0.00%
New
13
TSFG, LLC
0.00% of their portfolio LAKE FOREST, IL
400 400
$1.0k $1.0k
0.00%
Unchanged
14
GROUP ONE TRADING LLC
0.00% of their portfolio CHICAGO, IL
100 100
$203 $203
0.00%
New
15
OSAIC HOLDINGS, INC.
0.00% of their portfolio SCOTTSDALE, AZ
48 48
$97 $97
0.00%
Unchanged
16
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
0.00% of their portfolio BIRMINGHAM, AL
0 0
$0 $0
0.00%
Unchanged