Vault-13

LAVA THERAPEUTICS NV LVTX

SHS · Common Stock · CUSIP N51517105

20 institutional holders -1 vs Q1 2024
3,758,4353.8m shares reported held*
$6.8mreported value*
3 new 4 added 5 reduced 3 sold out net sold ≈ $39.7k (-22.0k 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 ≈ $1.80. Options: 5 managers hold calls ($173.9k notional), 3 hold puts ($65.9k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 14Q4 22: 21Q1 23: 20Q2 23: 16Q3 23: 15Q4 23: 15Q1 24: 21Q2 24: 2020Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202214
Q4 202221
Q1 202320
Q2 202316
Q3 202315
Q4 202315
Q1 202421
Q2 202420

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 10 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 9 cut or sold outQ2 23: 8 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 1 bought or addedQ3 23: 3 cut or sold outQ4 23: 3 bought or addedQ4 23: 7 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 7 cut or sold outQ2 24: 7 bought or addedQ2 24: 8 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022105
Q1 202379
Q2 2023810
Q3 202313
Q4 202337
Q1 2024127
Q2 202478

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 23 calls: $25.3kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $34.3kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $101.9kQ1 24 puts: $203.2kQ1 24P/C 1.99Q2 24 calls: $173.9kQ2 24 puts: $65.9kQ2 24P/C 0.38
Numbers
QuarterCallsPutsP/C
Q3 2023$25.3k$00.00
Q4 2023$34.3k$00.00
Q1 2024$101.9k$203.2k1.99
Q2 2024$173.9k$65.9k0.38

Biggest buyers

CITADEL ADVISORS LLC New +66,237+66.2k
Pathway Financial Advisors LLC Added +46,000+46.0k
XTX Topco Ltd New +30,807+30.8k
TWO SIGMA INVESTMENTS, LP Added +30,408+30.4k
TWO SIGMA ADVISERS, LP Added +15,000+15.0k
MILLENNIUM MANAGEMENT LLC Added +6,465+6.5k
TANG CAPITAL MANAGEMENT LLC New +5,109+5.1k

Biggest sellers

Walleye Capital LLC Reduced -128,991-129.0k
Alpha Wave Global, LP Reduced -20,509-20.5k
Schonfeld Strategic Advisors LLC Sold out -18,300-18.3k
BANK OF AMERICA CORP /DE/ Reduced -15,011-15.0k
MORGAN STANLEY Reduced -15,000-15.0k
TWO SIGMA SECURITIES, LLC Sold out -12,908-12.9k
UBS Group AG Sold out -8,980-9.0k
SIMPLEX TRADING, LLC Reduced -2,363-2.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $131.6k73.1k shares
CITADEL ADVISORS LLC Added $22.7k12.6k shares
GROUP ONE TRADING LLC Added $19.6k10.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0300 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $65.9k36.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 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
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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Redmile Group, LLC 0.23% of their portfolio LARKSPUR, CA 2,074,3722.1m $3.7m $3.7m 0.23% Unchanged
2 Bruce & Co., Inc. 0.46% of their portfolio CHICAGO, IL 771,874771.9k $1.4m $1.4m 0.46% Unchanged
3 SPHERA FUNDS MANAGEMENT LTD. 0.11% of their portfolio TEL AVIV, L3 367,582367.6k $661.6k $661.6k 0.11% Unchanged
4 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 112,439112.4k $202.4k $202.4k 0.00% Added +30.4k +30,408
5 Alpha Wave Global, LP 0.05% of their portfolio Miami, FL 87,39787.4k $157.3k $157.3k 0.05% Reduced -20.5k -20,509
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 66,23766.2k $119.2k $119.2k 0.00% New
7 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 65,00065.0k $117.0k $117.0k 0.00% Unchanged
8 Pathway Financial Advisors LLC 0.03% of their portfolio SOUTH BURLINGTON, VT 60,00060.0k $108.0k $108.0k 0.03% Added +46.0k +46,000
9 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 31,70031.7k $57.1k $57.1k 0.00% Added +15.0k +15,000
10 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 30,80730.8k $55.5k $55.5k 0.00% New
11 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 26,49326.5k $47.7k $47.7k 0.00% Added +6.5k +6,465
12 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 25,67525.7k $46.2k $46.2k 0.00% Reduced -129.0k -128,991
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,60015.6k $28.1k $28.1k 0.00% Reduced -15.0k -15,000
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 11,12411.1k $20.0k $20.0k 0.00% Unchanged
15 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 6,0006.0k $11.1k $11.1k 0.00% Unchanged
16 TANG CAPITAL MANAGEMENT LLC 0.00% of their portfolio SAN DIEGO, CA 5,1095.1k $9.2k $9.2k 0.00% New
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 400400 $720 $720 0.00% Reduced -15.0k -15,011
18 TSFG, LLC 0.00% of their portfolio LAKE FOREST, IL 400400 $1.0k $1.0k 0.00% Unchanged
19 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 226226 $0 $0 0.00% Reduced -2.4k -2,363
20 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged